Market Overview:
The global LiFSI for lithium battery electrolyte market is expected to grow at a CAGR of XX% and reach a value of USD XX million by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into purity: 99.9%, purity: 99.99%. On the basis of application, the market is segmented into power electrolyte, consumer electrolyte and energy storage electrolyte. The power electrolyte segment accounts for major share in terms of revenue in 2018 and is expected to maintain its dominance during forecast period as well. However, energy storage electrolytes are projected to witness highest growth rate during forecast period owing to increasing demand from electric vehicles (EVs) sector across globe. Regionally, North America dominates global LiFSI for lithium battery electrolytes market followed by Europe and Asia Pacific respectively in 2018; however Asia Pacific region is anticipated to register highest CAGR over forecast period owing to growing demand from countries such as China and India .
Product Definition:
LiFSI is a lithium salt that is used as an electrolyte in lithium-ion batteries. It helps to stabilize the battery and improve its performance.
Purity: 99.9%:
Purity: 99.9%, it's usage.
*** Introduction of new technology *** The introduction of new technology is expected to drive the market over the forecast period. It includes a unique combination of properties such as high energy density, safety, environmental friendliness and long life cycle offered by pure lithium batteries (LiB).
Purity: 99.99%:
Purity is a new term in the market and it has been defined by IEA as “the chemical composition of a product, especially concerning its purity or concentration”. In Battery electrolyte formulation, there are many impurities that can affect battery performance and increase the overall cost of the battery.
Application Insights:
Power electrolyte is expected to be the dominant application segment over the forecast period owing to its wide usage in various industrial and consumer products. Power electrolytes are used in UPS systems, medical equipment, telecommunication equipment, aerospace & defense industry and other applications. Rapid industrialization coupled with rising disposable income of consumers is anticipated to boost product demand over the forecast period.
Consumer electronics include smartphones, laptops/notebooks etc., which use lithium-ion batteries as a power source for operating electronic devices. The growing popularity of smartphones has led to an increase in battery production which has resulted in increased LiFSI for lithium battery electrolyte market volume share by application type from 2017 to 2018.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position through 2030, with the growth coming from China and Japan. The presence of major battery manufacturers such as Panasonic Corporation; Sony Corporation; Samsung Group; and Fujitsu, Ltd.; among others is anticipated to boost the regional market over the forecast period.
The growing demand for consumer electronics across emerging economies including India, South Korea, Thailand and Indonesia has resulted in increased lithium ion battery production capacity across these countries. This factor coupled with increasing R&D activities related to Li-ion batteries is expected to have a positive impact on industry growth over the next eight years.
Europe was estimated at USD X million in 2017 owing to high product purity requirements set by European Commission (EC) regarding environmental impacts during manufacturing processes of various products including electronic devices and vehicles batteries among others (Svensons 2016).
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, which in turn will drive the growth of the LiFSI market.
- Growing investments in renewable energy: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power. This is expected to result in a surge in demand for lithium-ion batteries used in grid storage applications, thereby propelling the growth of the LiFSI market.
- Rising popularity of smart devices: With technological advancements, there has been a rise in demand for smart devices such as smartphones and tablets across all regions worldwide. This is anticipated to boost sales of lithium-ion batteries, leading to an increasein uptakeofLiFSI products overthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
LiFSI for Lithium Battery Electrolyte Market Research Report
By Type
Purity: 99.9%, Purity: 99.99%
By Application
Power Electrolyte, Consumer Electrolyte, Energy Storage Electrolyte
By Companies
Nippon Shokubai, Chunbo Chem, Chem Spec, Cap Chem, Tinci, HSC Corporate, Yongtai Tech, Fortek
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global LiFSI for Lithium Battery Electrolyte Market Report Segments:
The global LiFSI for Lithium Battery Electrolyte market is segmented on the basis of:
Types
Purity: 99.9%, Purity: 99.99%
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
Power Electrolyte, Consumer Electrolyte, Energy Storage Electrolyte
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:
- Nippon Shokubai
- Chunbo Chem
- Chem Spec
- Cap Chem
- Tinci
- HSC Corporate
- Yongtai Tech
- Fortek
Highlights of The LiFSI for Lithium Battery Electrolyte 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:
- Purity: 99.9%
- Purity: 99.99%
- By Application:
- Power Electrolyte
- Consumer Electrolyte
- Energy Storage Electrolyte
- 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 LiFSI for Lithium Battery Electrolyte 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
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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?
Lithium-ion battery electrolytes are used in lithium ion batteries to increase their capacity and improve performance. LiFSI is a type of lithium ion battery electrolyte that helps to prevent the build-up of crystals on the anode, which can reduce battery performance.
Some of the major players in the lifsi for lithium battery electrolyte market are Nippon Shokubai, Chunbo Chem, Chem Spec, Cap Chem, Tinci, HSC Corporate, Yongtai Tech, Fortek.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LiFSI for Lithium Battery Electrolyte 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 LiFSI for Lithium Battery Electrolyte Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LiFSI for Lithium Battery Electrolyte 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 LiFSI for Lithium Battery Electrolyte 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 LiFSI for Lithium Battery Electrolyte Market Size & Forecast, 2020-2028
4.5.1 LiFSI for Lithium Battery Electrolyte Market Size and Y-o-Y Growth
4.5.2 LiFSI for Lithium Battery Electrolyte 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 Purity: 99.9%
5.2.2 Purity: 99.99%
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 Power Electrolyte
6.2.2 Consumer Electrolyte
6.2.3 Energy Storage Electrolyte
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LiFSI for Lithium Battery Electrolyte 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 LiFSI for Lithium Battery Electrolyte 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 Purity: 99.9%
9.6.2 Purity: 99.99%
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 Power Electrolyte
9.10.2 Consumer Electrolyte
9.10.3 Energy Storage Electrolyte
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 Purity: 99.9%
10.6.2 Purity: 99.99%
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 Power Electrolyte
10.10.2 Consumer Electrolyte
10.10.3 Energy Storage Electrolyte
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 Purity: 99.9%
11.6.2 Purity: 99.99%
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 Power Electrolyte
11.10.2 Consumer Electrolyte
11.10.3 Energy Storage Electrolyte
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 Purity: 99.9%
12.6.2 Purity: 99.99%
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 Power Electrolyte
12.10.2 Consumer Electrolyte
12.10.3 Energy Storage Electrolyte
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 Purity: 99.9%
13.6.2 Purity: 99.99%
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 Power Electrolyte
13.10.2 Consumer Electrolyte
13.10.3 Energy Storage Electrolyte
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 LiFSI for Lithium Battery Electrolyte Market: Competitive Dashboard
14.2 Global LiFSI for Lithium Battery Electrolyte Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Shokubai
14.3.2 Chunbo Chem
14.3.3 Chem Spec
14.3.4 Cap Chem
14.3.5 Tinci
14.3.6 HSC Corporate
14.3.7 Yongtai Tech
14.3.8 Fortek
