Global Electrolyte Additives for Lithium Ion Battery Market Growth 2023-2029
The need for lighter, thinner, and smaller products makes lithium ion batteries popular power sources for applications such as mobile phones, laptop computers, digital cameras, electric vehicles, and hybrid electric vehicles. For high power applications, the development of high capacity and high voltage electrode materials is in progress. Battery performance and safety issues are also related to the properties of the electrolytes used. To improve the properties of the electrolytes, small amounts of other components, known as electrolyte additives, are incorporated.
In this report, Electrolyte Additives for Lithium Ion Battery mainly includes Vinylene Carbonate (VC), Fluorinated Ethylene Carbonate (FEC), 1,3-Propane Sultone (1,3-PS), Vinyl Ethylene Carbonate (VEC), Lithium Bis(fluorosulfonyl)imide (LiFSI), etc. Among them, VC and FEC are the most commonly used electrolyte additives.
LPI (LP Information)' newest research report, the “Electrolyte Additives for Lithium Ion Battery Industry Forecast” looks at past sales and reviews total world Electrolyte Additives for Lithium Ion Battery sales in 2022, providing a comprehensive analysis by region and market sector of projected Electrolyte Additives for Lithium Ion Battery sales for 2023 through 2029. With Electrolyte Additives for Lithium Ion Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electrolyte Additives for Lithium Ion Battery industry.
This Insight Report provides a comprehensive analysis of the global Electrolyte Additives for Lithium Ion Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electrolyte Additives for Lithium Ion Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electrolyte Additives for Lithium Ion Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electrolyte Additives for Lithium Ion Battery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electrolyte Additives for Lithium Ion Battery.
The global Electrolyte Additives for Lithium Ion Battery market size is projected to grow from US$ 1068.9 million in 2022 to US$ 3299.2 million in 2029; it is expected to grow at a CAGR of 3299.2 from 2023 to 2029.
Global core Lithium Battery Manufacturing Equipment manufacturers include HSC Corporation, Shenzhen Capchem, Suzhou Huayi etc.The top 3 companies hold a share about 42%.China is the largest market, with a share about 65%, followed by Japan and South Korea with the share about 14% and 12%.In terms of product, vinylene carbonate (VC) is the largest segment, with a share over 40%. And in terms of application, the largest application is power electrolyte, followed by consumer electrolyte.
This report presents a comprehensive overview, market shares, and growth opportunities of Electrolyte Additives for Lithium Ion Battery market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Vinylene Carbonate (VC)
Fluorinated Ethylene Carbonate (FEC)
1,3-Propane Sultone (1,3-PS)
Vinyl Ethylene Carbonate (VEC)
Lithium Bis(fluorosulfonyl)imide (LiFSI)
Others
Segmentation by application
Power Electrolyte
Consumer Electrolyte
Energy Storage Electrolyte
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HSC Corporation
Shenzhen Capchem
Suzhou Huayi
Qing Mu High-Tech Materials
BroaHony
Tinci Materials
Fujian Chuangxin Science and Technology
Nippon Shokubai
Chunbo Fine Chem
Shanghai Chemspec Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electrolyte Additives for Lithium Ion Battery market?
What factors are driving Electrolyte Additives for Lithium Ion Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electrolyte Additives for Lithium Ion Battery market opportunities vary by end market size?
How does Electrolyte Additives for Lithium Ion Battery break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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