Lithium-ion battery electrolyte Market Size & Growth (2019 - 2026)
As per our research analysis, the size of the Global Lithium-ion battery electrolyte Market size is estimated to USD 2,072 million in 2026 from USD 1,378 million in 2019, with a CAGR of 6.0%
What is an Electrolyte in a lithium-ion battery?
An electrolyte is a key component of lithium-ion batteries. The basic function of electrolytes is to serve as the medium for the transport of lithium ions between the electrodes. The chemical composition of electrolytes has a direct influence on the characteristics of LIBs, such as energy density, recyclability, rate capability, storage performance, and safety.
The ever-growing request for rechargeable and permanent systems for power area is resulting in the development of lithium and lithium-ion series, consequently building a huge demand for lithium and lithium-ion battery electrolytes. Physical changes and growing replacement of traditional power experts with electrical energy sources are demanded to be a significant driving force for the market.
Increasing production and sales of customer electronic goods including laptops, smartphones, and portable production systems amongst others are further increasing the damage of lithium and lithium-ion battery electrolytes for those devices. Moreover, lithium and lithium-ion battery electrolytes have a limited counter time, owing to which the industry due to providing current collections is also expected to grow throughout the projection years.
Severe duplicate discharge organizations throughout the globe are pushing the manufacturing and automotive areas to frequently use lithium and lithium-ion battery systems to power their products, vehicles, and production processes, which means demanded to significant interest for lithium-ion battery electrolytes.
These various alternatives to lithium and lithium-ion electrolyte components are sensitive and maintain an unstable nature. Moreover, the spontaneous expression of these elements is hazardous to health. Accordingly, rigorous regulations concerning special use, handling, and disposal of lithium and lithium-ion battery electrolytes are expected to serve as a primitive constraining portion toward business development.
The report covers forecast and analysis for the lithium-ion battery electrolyte market on a global and regional level. The study provides historic data of 2014-2018 along with a forecast from 2019 to 2026 based on both volumes and revenue. The study includes drivers and restraints for the lithium-ion battery electrolyte market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the lithium-ion battery electrolyte market on a global level.
The report has been prepared based on the synthesis, analysis, and interpretation of information about the global lithium-ion battery electrolyte market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
The study provides a decisive view on the lithium-ion battery electrolyte market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026.
This research report is segmented & sub-segmented the market into the below categories:
Lithium-ion battery electrolyte Market – By Applications
- Consumer Battery
- Power Battery
- Energy Storage Battery
Lithium-ion battery electrolyte Market – By Regions
- North America - US, Canada, Mexico and Rest of North America
- Europe - UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe
- APAC - India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC
- Latin America - Brazil, Argentina, Chile and Rest of Latin America
- Middle East and Africa - KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA
Regionally, the Asia Pacific excluding Japan market, including a special focus on China is expected to see a powerful need during the projection years owing to an increase in product development activities by dominant business players in the country.
This increase of electric vehicle performance in Europe, North America, and Japan are also anticipated to contribute to the increasing consumption and need for lithium and lithium-ion battery electrolytes in the country during the forecast years.
This extension of consumer electronics assets across the Latin America sector is also expected to participate positively in the global lithium-ion battery electrolytes business.
In Europe, France, Italy, Germany, UK, and Russia cover most of the Lithium-Ion Battery Electrolyte business. Peru, Brazil, Chile, and Argentina hold immense potential for this market in South America. There will be an immense growth movement in the market of South Africa, Egypt, Saudi Arabia supporting the growth in the whole the Middle East and Africa region.
Key vendors playing an important role in the Global Lithium-ion battery electrolyte Market profiled in this report are:
- Toyama Chemical
- Mitsui Chemical
- Formosa Plastics Corporation
- Central Glass
- Shenzhen CAPCHEM
- Jiangsu Guotai
- Tianjin Jinniu
- Guangzhou Tinci
- Dongguan Shanshan
- Dongguan Kaixin
- GuangDong JinGuang
- Zhuhai Saiwei
- Jiangxi Youli
- Xianghe Kunlun
Key Questions Answered in this Report
- What will the market size be in 2026?
- What are the key factors driving the global lithium-ion battery electrolyte market?
- What are the challenges to market growth?
- Who are the key players in the lithium-ion battery electrolyte market?
- What are the market opportunities and threats faced by the key players?
Part 1. Exclusive Summary
Part 2. Methodology
2.1 Research Methodology
2.2 Geographic Scope
2.3 Years Considered
Part 3. Introduction
3.1 Product Overview
3.2.1 Consumer Battery
3.2.2 Power Battery
3.2.3 Energy Storage Battery
3.3 Manufacturing Process
3.4 Raw Materials
3.5 Lithium Battery
3.5.1 Lithium Battery Supplier
3.5.2 Market Development
Part 4. Competitive Landscape
4.1 Global Lithium-ion Battery Electrolytes Market, by Volume 2012-2017
4.1.2 Global Lithium-ion Battery Electrolytes Market, by Volume, by Company
4.1.3 Top 10 Companies by Volume Share
4.2 Global Lithium-ion Battery Electrolytes Market, by Revenue 2012-2017
4.2.2 Global Lithium-ion Battery Electrolytes Market, by Revenue, by Company
4.2.3 Top 10 Companies by Revenue Share
Part 5. Market Dynamics
5.1 Market Drivers
5.3 Market Trends
Part 6. Segmentation by Application
6.2 Consumer Battery
6.3 Power Battery
6.4 Energy Storage Battery
Part 7. North America
7.1 North American Lithium-ion Battery Electrolytes Market Size
7.2 by Application
7.2.1 Consumer Battery
7.2.2 Power Battery
7.2.3 Energy Storage Battery
7.3 by Country
7.3.1 United States
Part 8. Europe
8.1 Europe Lithium-ion Battery Electrolytes Market Size
8.2 by Application
8.2.1 Consumer Battery
8.2.2 Power Battery
8.2.3 Energy Storage Battery
8.3 by Country
Part 9. Asia-Pacific
9.1 Asia-Pacific Lithium-ion Battery Electrolytes Market Size
9.2 by Application
9.2.1 Consumer Battery
9.2.2 Power Battery
9.2.3 Energy Storage Battery
9.3 by Country
Part 10. Lithium-ion Battery Electrolytes Market Forecast
10.1 Global Lithium-ion Battery Electrolytes Market Size 2017-2022
10.2 Global Lithium-ion Battery Electrolytes Market by Region 2017-2022
10.2.1 North America
10.2.4 The Middle East and Africa
10.3 Global Lithium-ion Battery Electrolytes Market by Application 2017-2022
Part 11. Company Profiles
11.1 UBE (Japan)
11.1.1 Business Overview
11.1.2 Products Offered
11.2 Mitsubishi (Japan)
11.3 Panax-Etec (Korea)
11.4 Tomiyama Pure Chemical (Japan)
11.5 Mitsui Chemical (Japan)
11.6 Kishida (Japan)
11.7 Formosa Plastics Corporation (Taiwan)
11.8 Central Glass (Japan)
11.9 LG (Korea)
11.10 Shenzhen CAPCHEM (China)
11.11 Jiangsu Guotai (China)
11.12 Tianjin Jinniu (China)
11.13 Guangzhou Tinci (China)
11.14 Dongguan Shanshan (China)
11.15 Dongguan Kaixin (China)
11.16 GuangDong JinGuang (China)
11.17 BICR (China)
11.18 Zhuhai Saiwei (China)
11.19 Jiangxi Youli (China)
11.20 Xianghe Kunlun (China)
Part 12. Industry Activity
12.1 M&As, JVs and Partnership
12.3 Other Developments
Part 13. Appendix