Press release
Battery Grade Solvents Market Analysis 2024: Top Manufacturers Profiles, Market Growth Factors and Forecast to 2030
Los Angeles-United State: QY Research has recently published a research report titled, "Global Battery Grade Solvents Market Research Report 2024" assessing various factors impacting its trajectory. The global Battery Grade Solvents market report offers a high-quality, accurate, and comprehensive research study to equip players with valuable insights for making strategic business choices. The research analysts have provided deep segmental analysis of the global Battery Grade Solvents market on the basis of type, application, and geography. The vendor landscape is also shed light upon to inform readers about future changes in the market competition. As part of competitive analysis, the report includes detailed company profiling of top players of the global Battery Grade Solvents market. Players can also use the value chain analysis and Porter's Five Forces analysis offered in the report for strengthening their position in the global Battery Grade Solvents market.The global Battery Grade Solvents market was valued at US$ 1130 million in 2023 and is anticipated to reach US$ 2264 million by 2030, witnessing a CAGR of 10.6% during the forecast period 2024-2030.
Download PDF Sample Copy for Battery Grade Solvents Research Report: https://www.qyresearch.com/sample/2389602
Globally, battery-grade solvent companies are mainly distributed in China, Japan and Europe. The top core companies include Shida Shenghua, Haike Group, UBE Corporation, Mitsubishi and Huntsman. The top three companies account for more than 60% of the market share, and the market is relatively concentrated.
Development Trend
With the rapid advancement of new energy vehicles and energy storage battery industries, the demand for lithium battery electrolyte solvents is continuing to rise. Looking ahead, this field will focus on developing higher purity solvents to reduce production costs and improve environmental performance, while pursuing higher electrolyte performance. In addition, with the continuous innovation and application of new battery technologies such as sodium ion batteries, the application scope of electrolyte solvents will also usher in a broader space for expansion.
Driving Factors
With the increasing environmental awareness and profound transformation of energy structure around the world, the new energy vehicle market is experiencing an unprecedented rapid growth stage. Against this background, as a leader in the field of new energy vehicles, the rapid expansion of the market size of electric vehicles not only reflects consumers' strong demand for green travel, but also directly drives the development of the entire lithium battery industry chain, especially the lithium battery electrolyte solvent market has ushered in unprecedented development opportunities. The general improvement of environmental awareness has not only prompted the government to introduce a series of policies and measures to encourage the development of new energy vehicles, but also profoundly affected consumers' purchasing decisions.
More and more consumers have begun to consider the environmental performance of products as one of the important factors in their selection, which has put forward higher requirements for the lithium battery electrolyte solvent market. As a key component of lithium batteries, the environmental performance of electrolyte solvents is directly related to the overall performance of batteries and their impact on the environment. Therefore, companies have increased their R&D investment and are committed to improving production processes and optimizing material selection in order to meet market demand while complying with increasingly stringent environmental regulations and standards, and promote the entire industry to develop in a greener and more sustainable direction.
Technological innovation is another major engine that drives the continued prosperity of the lithium battery electrolyte solvent market. With the rapid development of battery technology, especially the continuous improvement of energy density, cycle life, safety performance, etc., the performance requirements for electrolyte solvents have also risen accordingly. This requires companies to keep up with the forefront of technology, continuously explore new solvent materials, and optimize solvent formulations to improve the comprehensive performance of batteries and meet the market's urgent demand for higher performance and longer life battery products. At the same time, technological innovation also provides more possibilities for the recycling and utilization of electrolyte solvents and the reduction of environmental pollution, further promoting the sustainable development of the industry.
Key Players Mentioned in the Global Battery Grade Solvents Market Research Report:
Shida Shenghua, Haike Group, UBE Corporation, Mitsubishi, Huntsman, Wako, Dongke Fine Chemical, TOAGOSEI, BASF, Yingkou Hengyang, Jintai Chemical
All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Battery Grade Solvents market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global Battery Grade Solvents market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity.
Details of Battery Grade Solvents Market Segmentation:-
Segment by Type:
DMC
EMC
EC
DEC
Others
Segment by Application:
Lithium Battery Electrolyte
Others
Segment by Region:
North America
Europe
Asia Pacific
South America
Middle East and Africa
The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Battery Grade Solvents market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Battery Grade Solvents markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Battery Grade Solvents markets to extend their reach and create sales opportunities.
How Can the Battery Grade Solvents Research Study Help your Business?
(1) The information presented in the Battery Grade Solvents report helps your decision makers to become prudent and make the best business choices.
(2) The report enables you to see the future of the global Battery Grade Solvents market and accordingly take decisions that will be in the best interest of your business.
(3) It offers you a forward-looking perspective of the global Battery Grade Solvents market drivers and how you can secure significant market gains in the near future.
(4) It provides SWOT analysis of the global Battery Grade Solvents market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.
(5) It also assesses the changing competitive dynamics of the global Battery Grade Solvents market using pin-point evaluation.
For on-demand customization of the report, visit: https://www.qyresearch.com/customize/2389602
Table of Content
1 Battery Grade Solvents Market Overview
1.1 Product Definition
1.2 Battery Grade Solvents by Type
1.2.1 Global Battery Grade Solvents Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 DMC
1.2.3 EMC
1.2.4 EC
1.2.5 DEC
1.2.6 Others
1.3 Battery Grade Solvents by Application
1.3.1 Global Battery Grade Solvents Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Lithium Battery Electrolyte
1.3.3 Others
1.4 Global Market Growth Prospects
1.4.1 Global Battery Grade Solvents Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Battery Grade Solvents Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Battery Grade Solvents Production Estimates and Forecasts (2019-2030)
1.4.4 Global Battery Grade Solvents Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Battery Grade Solvents Production Market Share by Manufacturers (2019-2024)
2.2 Global Battery Grade Solvents Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Battery Grade Solvents, Industry Ranking, 2022 VS 2023
2.4 Global Battery Grade Solvents Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Battery Grade Solvents Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Battery Grade Solvents, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Battery Grade Solvents, Product Offered and Application
2.8 Global Key Manufacturers of Battery Grade Solvents, Date of Enter into This Industry
2.9 Battery Grade Solvents Market Competitive Situation and Trends
2.9.1 Battery Grade Solvents Market Concentration Rate
2.9.2 Global 5 and 10 Largest Battery Grade Solvents Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Battery Grade Solvents Production by Region
3.1 Global Battery Grade Solvents Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Battery Grade Solvents Production Value by Region (2019-2030)
3.2.1 Global Battery Grade Solvents Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Battery Grade Solvents by Region (2025-2030)
3.3 Global Battery Grade Solvents Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Battery Grade Solvents Production by Region (2019-2030)
3.4.1 Global Battery Grade Solvents Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Battery Grade Solvents by Region (2025-2030)
3.5 Global Battery Grade Solvents Market Price Analysis by Region (2019-2024)
3.6 Global Battery Grade Solvents Production and Value, Year-over-Year Growth
3.6.1 North America Battery Grade Solvents Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Battery Grade Solvents Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Battery Grade Solvents Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Battery Grade Solvents Production Value Estimates and Forecasts (2019-2030)
4 Battery Grade Solvents Consumption by Region
4.1 Global Battery Grade Solvents Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Battery Grade Solvents Consumption by Region (2019-2030)
4.2.1 Global Battery Grade Solvents Consumption by Region (2019-2030)
4.2.2 Global Battery Grade Solvents Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Battery Grade Solvents Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Battery Grade Solvents Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Battery Grade Solvents Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Battery Grade Solvents Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Battery Grade Solvents Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Battery Grade Solvents Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Battery Grade Solvents Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Battery Grade Solvents Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Battery Grade Solvents Production by Type (2019-2030)
5.1.1 Global Battery Grade Solvents Production by Type (2019-2024)
5.1.2 Global Battery Grade Solvents Production by Type (2025-2030)
5.1.3 Global Battery Grade Solvents Production Market Share by Type (2019-2030)
5.2 Global Battery Grade Solvents Production Value by Type (2019-2030)
5.2.1 Global Battery Grade Solvents Production Value by Type (2019-2024)
5.2.2 Global Battery Grade Solvents Production Value by Type (2025-2030)
5.2.3 Global Battery Grade Solvents Production Value Market Share by Type (2019-2030)
5.3 Global Battery Grade Solvents Price by Type (2019-2030)
6 Segment by Application
6.1 Global Battery Grade Solvents Production by Application (2019-2030)
6.1.1 Global Battery Grade Solvents Production by Application (2019-2024)
6.1.2 Global Battery Grade Solvents Production by Application (2025-2030)
6.1.3 Global Battery Grade Solvents Production Market Share by Application (2019-2030)
6.2 Global Battery Grade Solvents Production Value by Application (2019-2030)
6.2.1 Global Battery Grade Solvents Production Value by Application (2019-2024)
6.2.2 Global Battery Grade Solvents Production Value by Application (2025-2030)
6.2.3 Global Battery Grade Solvents Production Value Market Share by Application (2019-2030)
6.3 Global Battery Grade Solvents Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Shida Shenghua
7.1.1 Shida Shenghua Battery Grade Solvents Company Information
7.1.2 Shida Shenghua Battery Grade Solvents Product Portfolio
7.1.3 Shida Shenghua Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Shida Shenghua Main Business and Markets Served
7.1.5 Shida Shenghua Recent Developments/Updates
7.2 Haike Group
7.2.1 Haike Group Battery Grade Solvents Company Information
7.2.2 Haike Group Battery Grade Solvents Product Portfolio
7.2.3 Haike Group Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Haike Group Main Business and Markets Served
7.2.5 Haike Group Recent Developments/Updates
7.3 UBE Corporation
7.3.1 UBE Corporation Battery Grade Solvents Company Information
7.3.2 UBE Corporation Battery Grade Solvents Product Portfolio
7.3.3 UBE Corporation Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.3.4 UBE Corporation Main Business and Markets Served
7.3.5 UBE Corporation Recent Developments/Updates
7.4 Mitsubishi
7.4.1 Mitsubishi Battery Grade Solvents Company Information
7.4.2 Mitsubishi Battery Grade Solvents Product Portfolio
7.4.3 Mitsubishi Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Mitsubishi Main Business and Markets Served
7.4.5 Mitsubishi Recent Developments/Updates
7.5 Huntsman
7.5.1 Huntsman Battery Grade Solvents Company Information
7.5.2 Huntsman Battery Grade Solvents Product Portfolio
7.5.3 Huntsman Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Huntsman Main Business and Markets Served
7.5.5 Huntsman Recent Developments/Updates
7.6 Wako
7.6.1 Wako Battery Grade Solvents Company Information
7.6.2 Wako Battery Grade Solvents Product Portfolio
7.6.3 Wako Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Wako Main Business and Markets Served
7.6.5 Wako Recent Developments/Updates
7.7 Dongke Fine Chemical
7.7.1 Dongke Fine Chemical Battery Grade Solvents Company Information
7.7.2 Dongke Fine Chemical Battery Grade Solvents Product Portfolio
7.7.3 Dongke Fine Chemical Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Dongke Fine Chemical Main Business and Markets Served
7.7.5 Dongke Fine Chemical Recent Developments/Updates
7.8 TOAGOSEI
7.8.1 TOAGOSEI Battery Grade Solvents Company Information
7.8.2 TOAGOSEI Battery Grade Solvents Product Portfolio
7.8.3 TOAGOSEI Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.8.4 TOAGOSEI Main Business and Markets Served
7.8.5 TOAGOSEI Recent Developments/Updates
7.9 BASF
7.9.1 BASF Battery Grade Solvents Company Information
7.9.2 BASF Battery Grade Solvents Product Portfolio
7.9.3 BASF Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.9.4 BASF Main Business and Markets Served
7.9.5 BASF Recent Developments/Updates
7.10 Yingkou Hengyang
7.10.1 Yingkou Hengyang Battery Grade Solvents Company Information
7.10.2 Yingkou Hengyang Battery Grade Solvents Product Portfolio
7.10.3 Yingkou Hengyang Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Yingkou Hengyang Main Business and Markets Served
7.10.5 Yingkou Hengyang Recent Developments/Updates
7.11 Jintai Chemical
7.11.1 Jintai Chemical Battery Grade Solvents Company Information
7.11.2 Jintai Chemical Battery Grade Solvents Product Portfolio
7.11.3 Jintai Chemical Battery Grade Solvents Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Jintai Chemical Main Business and Markets Served
7.11.5 Jintai Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Battery Grade Solvents Industry Chain Analysis
8.2 Battery Grade Solvents Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Battery Grade Solvents Production Mode & Process
8.4 Battery Grade Solvents Sales and Marketing
8.4.1 Battery Grade Solvents Sales Channels
8.4.2 Battery Grade Solvents Distributors
8.5 Battery Grade Solvents Customers
9 Battery Grade Solvents Market Dynamics
9.1 Battery Grade Solvents Industry Trends
9.2 Battery Grade Solvents Market Drivers
9.3 Battery Grade Solvents Market Challenges
9.4 Battery Grade Solvents Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.
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