Albemarle Corp.

Company Snapshot

Founded: 1887
Entity Type: Public
Employees: 8,300
Region: U.S.
Revenue: $5,377.5 Millions
Revenue Year: 2024
Segment: Energy Storage
Headquarter: North Carolina, U.S.
Key Geographics: U.S.
Corporate Address: 4250 Congress Street, Suite 900, Charlotte, North Carolina 28209 U.S. Tel. +1-980-299-5700 www.albemarle.com

Company Overview

Albemarle Corp. is a developer and manufacturer of specialty chemicals with leading positions in lithium, bromine, and refining catalysts. The company’s products are essential in the areas of renewable energy storage, electronics, automotive and pharmaceutical mass production, and oil refining. It operates through three segments: Energy Storage, Specialties and Ketjen. The Specialties segment provides bromine-based specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, etc. The business serves markets in the Americas, Asia, Europe and the Middle East, each of which is highly competitive. Albemarle is committed to sustainable, innovative research and development, supporting a clean energy future with the rising global demand for advanced materials. The strategic direction of the company, supported by high-growth markets combined with operational superiority, is the global entity within the new trend for greener technologies adapting sustainable activities.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Albemarle Corp. In Reports

Activated Carbon: Types and Global Markets

BCC Research Report: Dive into size and estimations would be provided in terms of volume and revenue considering 2023 as base year and market forecast will be given from 2024 to 2029.

Global Markets for Plastics Additives

BCC Research Market Analyst says global market for plastics additives reached $58.9 billion in 2023. The market is expected to grow from $61.5 billion in 2024 to $80.7 billion by 2029, at a CAGR of 5.6%.

Lithium Mining: Global Markets

BCC Research Market Analyst says global market for lithium mining is expected to grow from $5.7 billion in 2023 and projected to reach $9.1 billion by the end of 2028, at a CAGR of 10.0%.

Company's Business Segments

  • Energy Storage : Energy Storage business pioneers better Lithium use through reliable Supply, Consistent quality. We Develop, Manufacture a broad range of basic Lithium compounds, including Lithium carbonate, Lithium hydroxide, Lithium chloride.
  • Specialties : Our Specialties business optimizes our portfolio of Bromine, Highly specialized Lithium solutions. Our Specialty business serves a variety of industries, including Energy, Mobility, Connectivity, Health. Specialty products are essential in Internal combustion, Electric vehicles from High-voltage cables, Powertrains to Airbags, Tires.
  • Ketjen : This segment includes Clean Fuels Technologies, which is primarily composed of Hydroprocessing catalysts together with Isomerization, Akylation catalysts, Fluidized catalytic cracking catalysts, Additives, Performance catalyst solutions, which are primarily composed of Organometallics, Curatives.

Applications/End User Industries

  • Energy
  • Mobility
  • Health
  • High-Voltage Cables
  • Lithium Compounds
  • Lithium Carbonate
  • Lithium Chloride
  • Connectivity
  • Internal Combustion
  • Electric Vehicles
  • Powertrains
  • Airbags
  • Tires
  • Clean Fuels Technology
  • Hydroprocessing
  • Isomerization
  • Akylation Catalysts
  • Fluidized Catalytic
  • Organometallics
  • Lithium Hydroxide