Market Overview:
The global electrolyte of lithium ion battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and consumer electronics. In terms of type, the liquid electrolyte segment is expected to dominate the market during the forecast period. This can be attributed to its high conductivity and thermal stability. In terms of application, the consumer electronic battery segment is expected to dominate the market during the forecast period. This can be attributed to rising demand for portable devices such as smartphones and laptops.
Product Definition:
An electrolyte is a substance that dissolves in water to produce ions, which conduct electricity. Electrolytes are used in batteries and fuel cells to create the electrical current. Lithium ion batteries use lithium salts as their electrolytes, which allow for a high energy density and fast charging time.
Liquid Electrolyte:
The liquid electrolyte is a conducting fluid that separates an positive and negative electrode in an electric battery. It helps in providing conductivity to the electrodes, which enables the flow of current between them. The liquid electrolyte also acts as a medium for carrying chemical reactions involving electrodes at different levels. In addition, it provides insulation against heat generated by these reactions and prevents damage to the sensitive components located near the interface between electrode liquids and solid materials.
Solid Electrolyte:
The solid electrolyte is a compound of organic compounds dissolved in a solvent. The most commonly used solvents are water and alcohols. The choice of the electrolyte depends on the temperature range at which the battery operates, capacity requirements, and other factors.
Application Insights:
The consumer electronics segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing usage of smartphones, tablets, laptops and other electronic devices across the globe. Increasing use of lithium-ion batteries in various products including mobile phones, laptops, cameras & camcorders has led to significant growth over recent years.
Automobile battery is expected to be one of the fastest growing segments during the forecast period owing to rising demand for electric vehicles globally. Countries such as China and India are projectededto lead in terms of automotive production which will further boost product demand during future periods.
Regional Analysis:
Asia Pacific is expected to be the largest market for lithium ion batteries over the forecast period. The presence of key manufacturers in China and growing demand from end-use industries are anticipated to drive regional growth. In addition, rising disposable income coupled with increasing penetration of various types of consumer electronics including smartphones and laptops is likely to fuel industry expansion over the coming years.
North America accounted for a significant share in 2017 owing to high technological development associated with Li-ion battery manufacturing processes and products along with growing automotive industry in U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for lithium ion batteries, as they are used in most electric vehicles.
- Development of new applications: Lithium ion batteries are finding new applications in industries such as energy storage, aerospace, and defense. This is expected to drive the growth of the electrolyte of lithium ion battery market during the forecast period.
- Growing investments in R&D: Leading players in the electrolyte of lithium ion battery market are investing heavily in R&D to develop new technologies and products that can cater to various application segments. This is likely to boost the growth of this market during the forecast period.
- Rising awareness about environmental benefits: There is a growing awareness among consumers about environmental benefits offered by lithium ion batteries over traditional lead acid batteries or nickel-cadmium batteries systems .This is likely to fuel demand for electrolytes used in these types of batteries duringthe forecastperiod . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrolyte of Lithium Ion Battery Market Research Report
By Type
Liquid Electrolyte, Solid Electrolyte
By Application
Consumer Electronic Battery, Automobile Battery, Others
By Companies
Panax-etec, LG, Tomipure, Soulbrain, Mitsubishi Chemical, UBE, Novolyte, Kishida Kagaku, Mitsui Chemicals, Capchem company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Electrolyte of Lithium Ion Battery Market Report Segments:
The global Electrolyte of Lithium Ion Battery market is segmented on the basis of:
Types
Liquid Electrolyte, Solid Electrolyte
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronic Battery, Automobile Battery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panax-etec
- LG
- Tomipure
- Soulbrain
- Mitsubishi Chemical
- UBE
- Novolyte
- Kishida Kagaku
- Mitsui Chemicals
- Capchem company
Highlights of The Electrolyte of Lithium Ion Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Electrolyte
- Solid Electrolyte
- By Application:
- Consumer Electronic Battery
- Automobile Battery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrolyte of Lithium Ion Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electrolyte of a lithium ion battery is a material that helps ions flow between the anode and cathode.
Some of the major players in the electrolyte of lithium ion battery market are Panax-etec, LG, Tomipure, Soulbrain, Mitsubishi Chemical, UBE, Novolyte, Kishida Kagaku, Mitsui Chemicals, Capchem company.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrolyte of Lithium Ion Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrolyte of Lithium Ion Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrolyte of Lithium Ion Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrolyte of Lithium Ion Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrolyte of Lithium Ion Battery Market Size & Forecast, 2020-2028
4.5.1 Electrolyte of Lithium Ion Battery Market Size and Y-o-Y Growth
4.5.2 Electrolyte of Lithium Ion Battery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid Electrolyte
5.2.2 Solid Electrolyte
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronic Battery
6.2.2 Automobile Battery
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrolyte of Lithium Ion Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrolyte of Lithium Ion Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid Electrolyte
9.6.2 Solid Electrolyte
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronic Battery
9.10.2 Automobile Battery
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid Electrolyte
10.6.2 Solid Electrolyte
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronic Battery
10.10.2 Automobile Battery
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid Electrolyte
11.6.2 Solid Electrolyte
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronic Battery
11.10.2 Automobile Battery
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid Electrolyte
12.6.2 Solid Electrolyte
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronic Battery
12.10.2 Automobile Battery
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid Electrolyte
13.6.2 Solid Electrolyte
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronic Battery
13.10.2 Automobile Battery
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrolyte of Lithium Ion Battery Market: Competitive Dashboard
14.2 Global Electrolyte of Lithium Ion Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panax-etec
14.3.2 LG
14.3.3 Tomipure
14.3.4 Soulbrain
14.3.5 Mitsubishi Chemical
14.3.6 UBE
14.3.7 Novolyte
14.3.8 Kishida Kagaku
14.3.9 Mitsui Chemicals
14.3.10 Capchem company
