Global Lithium Bis(fluorosulfonyl)imide (LiFSI) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Lithium Bis(fluorosulfonyl)imide (LiFSI) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Lithium Bis(fluoro sulfonyl)imide (LiFSI) is a new type of electrolyte solute lithium salt. Because it has better thermal stability, ion conductivity, and higher lithium-ion migration number than LiPF6, it has become the most promising lithium salt to replace LiPF6 in high-performance lithium-ion batteries. As an alternative to LiPF6, it can effectively improve the low-temperature discharge performance of the battery and the capacity retention rate after high-temperature storage.

LiFSI is a promising new electrolyte additive for lithium-ion batteries showing increased conductivity over LiPF6. Lithium Bis(fluoro sulfonyl)imide has also been tested in next-generation gel polymer electrolytes with improved safety properties.

Market Overview:

The latest research study on the global Lithium Bis(fluorosulfonyl)imide (LiFSI) market finds that the global Lithium Bis(fluorosulfonyl)imide (LiFSI) market reached a value of USD 600.26 million in 2022. It’s expected that the market will achieve USD 1785.11 million by 2028, exhibiting a CAGR of 19.92% during the forecast period.

LiFSI has a vast market space and the industry is expected to continue to develop rapidly.

The country and the government have put forward higher requirements for the energy density and safety of future new energy vehicles, which will promote the development of electrolytes in the direction of high pressure and high safety, and bring development opportunities for higher safety LiFSI. With the rapid expansion of global demand for lithium-ion batteries, the accelerated growth of electrolyte production and sales will surely drive the use of LIFSI to increase year by year. The trend of LiFSI becoming one of the mainstream lithium salts of the next-generation electrolyte is becoming more and more obvious. In the future, whether it is used as a general-purpose lithium salt additive or directly as a core solute, the demand for LiFSI will show a rapid growth trend, and the market prospect is very broad. It is expected that the industry will continue to develop rapidly.

The downstream market demand continues to grow.

The downstream market of Lithium Bis(fluoro sulfonyl)imide (LiFSI) is mainly manufacturers of consumer batteries, energy storage batteries, and power batteries. In recent years, with the continuous development of the global economy and technology, consumer demand for electronic products has continued to grow, which has promoted the rapid development of the electronics industry. The continuous and rapid development of the electronics industry has promoted the growth of the market demand for batteries, thereby promoting the growth of the market demand for electrolytes. As a new type of electrolyte with excellent performance, LiFSI has broad prospects and great potential, and the market demand is great. In addition, the rapid development of the new energy automobile industry in recent years has also promoted the growth of market demand for LiFSI.

Region Overview:

China is projected to account for a considerable share of the Lithium Bis(fluorosulfonyl)imide (LiFSI) market and is expected to become the largest region by 2027.

Company Overview:

Yongtai Technology is one of the major players operating in the Lithium Bis(fluoro sulfonyl)imide (LiFSI) market, holding a share of 19.52% in 2021.

Yongtai Technology

Zhejiang Yongtai Technology Co., Ltd. (Yongtai Technology) is one of the domestic fluorobenzene fine chemicals manufacturers with the most complete product chain and the largest production capacity. The fluorine fine chemicals industry engaged in is at the top of the fluorine chemical industry chain. The product has high added value and a wide range of applications, involving liquid crystal materials, medicines, pesticides, dyes, etc. The company's main business covers medicine, plant health care, new materials, customized processing services, etc.

Guangzhou Tinci Materials Technology Co., Ltd

Guangzhou Tianci Materials Co., Ltd. is a high-tech private enterprise specializing in functional materials for personal care products, lithium-ion battery materials, and silicone rubber materials. There are the daily chemical materials development department, battery material development department, organic silicon material development department, and analysis and testing center. The company has two wholly-owned subsidiaries, Suichang Tianci High-tech Materials Technology Co., Ltd. and Jiujiang Tianci High-tech Materials Co., Ltd., and holds Guangzhou Tianci Silicone Technology Co., Ltd. at the same time.

Segmentation Overview:

Among different product types, 3N segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Power Batteries segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Lithium Bis(fluorosulfonyl)imide (LiFSI) market covered in Chapter 3:

Chunbo Fine Chem Co., Ltd
Yongtai Technology
CAPCHEM
Shanghai Chemspec Corporation
Fortek
Nippon Shokubai
Guangzhou Tinci Materials Technology Co.,Ltd
HSC Corporation

In Chapter 4 and Chapter 14.2, on the basis of types, the Lithium Bis(fluorosulfonyl)imide (LiFSI) market from 2018 to 2029 is primarily split into:

3N
4N
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Lithium Bis(fluorosulfonyl)imide (LiFSI) market from 2018 to 2029 covers:

Consumer Batteries
Energy Storage Batteries
Power Batteries

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)