Electrolyte Additives for Lithium Ion Battery Market

The global Electrolyte Additives for Lithium Ion Battery market was valued at 2054.66 Million USD in 2021 and will grow with a CAGR of 25.14% from 2021 to 2027.

The prime objective of Electrolyte Additives for Lithium Ion Battery Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Electrolyte Additives for Lithium Ion Battery Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Lithium-ion battery electrolyte additives are mainly used in lithium-ion battery electrolytes, which can remove trace moisture in the battery, extend battery cycle life, prevent electrolyte deterioration, and can form a protective film on the electrode surface to improve battery performance. At present, conventional additives such as vinylene carbonate (VC), fluoroethylene carbonate (FEC), and 1,3-propane sultone (1,3-PS) are the most commonly used additives. As battery performance requirements increase and With the development of electrolyte technology, the role of electrolyte additives has become increasingly important, and its proportion in the total cost of electrolyte has been rising.In 2019, the global lithium battery electrolyte additive market is led by China. At present, the global concentration of lithium battery electrolyte additives is relatively high. Major manufacturers include HSC Lithium-Battery Materials Co., Ltd.Zhangjiagang Hicomer Chemical Co., Ltd.Suzhou huayi new energy technology co., LTD.Rongcheng Qing Mu High-Tech Materials Co., Ltd.Broahony, etc. Jiangsu Huasheng is the global market leader. In 2019, Jiangsu Huasheng occupies 22.19% of the global sales market share. It is expected that industry competition will become more intense in the next few years, especially in the Chinese market. Electrolyte Additives for Lithium Ion Battery can be divided into 4 types: Vinylene Carbonate (VC), Fluorinated Ethylene Carbonate (FEC), 1,3-Propane Sultone (1,3-PS), Vinyl Ethylene Carbonate (VEC). The most commonly used additives are conventional additives such as vinylene carbonate (VC) and fluoroethylene carbonate (FEC), with the market share nearly 36% and 21% respectively. According to different application fields, lithium-ion battery electrolytes are divided into consumer lithium-ion battery electrolytes, power lithium-ion battery electrolytes and energy storage lithium-ion battery electrolytes, which holds 64% of the market in 2019.

By Market Verdors:

• HSC Lithium-Battery Materials Co., Ltd.
• Zhangjiagang Hicomer Chemical Co., Ltd.
• Suzhou Huayi New Energy Technology Co., LTD.
• Rongcheng Qing Mu High-Tech Materials Co., Ltd.
• Broahony
• Great Material & Tech

By Types:

• Vinylene Carbonate (VC)
• Fluorinated Ethylene Carbonate (FEC)
• 1,3-Propane Sultone (1,3-PS)
• Vinyl Ethylene Carbonate (VEC)

By Applications:

• Power Electrolyte
• Consumer Electrolyte
• Energy Storage Electrolyte

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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