Electrolyte Additives for Lithium Ion Battery Market Size, Share, Growth, Trends, Forecast, Industry Analysis | Valuates Reports

The global Electrolyte Additives for Lithium Ion Battery market size is projected to reach USD 7053 Million by 2026, from USD 1943 Million in 2020, at a CAGR of 24.0% during 2021-2026.

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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.

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.

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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.

Global Electrolyte Additives for Lithium Ion Battery Scope and Segment

Electrolyte Additives for Lithium Ion Battery market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Electrolyte Additives for Lithium Ion Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

The following manufacturers are covered in this report:

• 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

Electrolyte Additives for Lithium Ion Battery Breakdown Data by Type

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

Electrolyte Additives for Lithium Ion Battery Breakdown Data by Application

• Power Electrolyte
• Consumer Electrolyte
• Energy Storage Electrolyte

Regional and Country-level Analysis

• The Electrolyte Additives for Lithium Ion Battery market is analysed and market size information is provided by regions (countries).
• The key regions covered in the Electrolyte Additives for Lithium Ion Battery market report are China.. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
• The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

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