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.
This report contains market size and forecasts of Electrolyte Additives for Lithium Ion Battery in global, including the following market information:
Global Electrolyte Additives for Lithium Ion Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electrolyte Additives for Lithium Ion Battery Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Electrolyte Additives for Lithium Ion Battery companies in 2021 (%)
The global Electrolyte Additives for Lithium Ion Battery market was valued at 1124.3 million in 2021 and is projected to reach US$ 3199.8 million by 2028, at a CAGR of 16.1% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vinylene Carbonate (VC) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electrolyte Additives for Lithium Ion Battery include HSC Corporation, Shenzhen Capchem, Suzhou Huayi, Qing Mu High-Tech Materials, BroaHony, Tinci Materials, Fujian Chuangxin Science and Technology, Nippon Shokubai and Chunbo Fine Chem and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electrolyte Additives for Lithium Ion Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrolyte Additives for Lithium Ion Battery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Electrolyte Additives for Lithium Ion Battery Market Segment Percentages, by Type, 2021 (%)
Vinylene Carbonate (VC)
Fluorinated Ethylene Carbonate (FEC)
1,3-Propane Sultone (1,3-PS)
Vinyl Ethylene Carbonate (VEC)
Lithium Bis(fluorosulfonyl)imide (LiFSI)
Others
Global Electrolyte Additives for Lithium Ion Battery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Electrolyte Additives for Lithium Ion Battery Market Segment Percentages, by Application, 2021 (%)
Power Electrolyte
Consumer Electrolyte
Energy Storage Electrolyte
Global Electrolyte Additives for Lithium Ion Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Electrolyte Additives for Lithium Ion Battery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrolyte Additives for Lithium Ion Battery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electrolyte Additives for Lithium Ion Battery revenues share in global market, 2021 (%)
Key companies Electrolyte Additives for Lithium Ion Battery sales in global market, 2017-2022 (Estimated), (MT)
Key companies Electrolyte Additives for Lithium Ion Battery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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