Lithium nitrate is a colorless, odorless, water-soluble and oxidizing salt. It is used in a variety of applications. It is a component of red fireworks, rocket propellant, and special pyrotechnic devices. In addition, it is widely used as a heat exchange medium in a variety of industrial processes.
The market for lithium nitrate is largely driven by the growth of the construction industry. The market is expected to reach US$ 8 trillion by 2030.
The lithium nitrate market is characterized by a number of global players as well as a diverse set of regional players. The emergence of local players is one of the main drivers for the lithium nitrate market.
Lithium nitrate is soluble in water and is a moderate to highly concentrated liquid solution. It is also soluble in ammonia and pyridine. When mixed with combustible material, it produces toxic nitroxides. These compounds may be hazardous to the cardiovascular system, kidneys, and central nervous system, and should be handled with care.
Lithium nitrate has a wide range of uses, and is a common component in ceramics, refrigeration systems, and special pyrotechnic devices. However, it is not recommended to consume lithium nitrate. Rather, it should be used in a confined setting.
American Elements, an industry leader in lithium nitrate solutions, has a wide range of solutions available. From standard grades to high stoichiometric concentrations, American Elements can produce solutions for a variety of applications. They maintain a number of solution production facilities in the United States, Europe, and Australia. They also offer technical information and safety data.