Market Overview:
The global lithium oxalyldifluoro borate (LiDFOB) market is expected to register a CAGR of xx.xx% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for lithium ion batteries and super capacitors across the globe. Additionally, rising awareness about the benefits of using lithium ion batteries is also propelling the growth of this market. Based on type, 99.8% min segment held a dominant share in 2017 and is anticipated to maintain its dominance throughout the forecast period. This can be attributed to its high purity and superior performance as compared to other types available in the market. By application, Lithium Ion Battery segment accounted for majority share in 2017 and is projected to grow at highest CAGR during forecast period owing to increase demand for electric vehicles across globe .Regionally, Asia Pacific was observed as most lucrative region with highest CAGR during forecast period followed by North America .
Product Definition:
Lithium oxalyldifluoro borate (LiDFOB) is a lithium salt of oxalic acid and difluoroboric acid. It is used as an electrolyte in lithium ion batteries.
99.8% min:
99.8% min is a term used for the concentration of an element in which 98% of the sample contains the specified element or compounds, usually used for lithium in LiDFOB. It is also known as pure lithium and has no relation with 99.9%. The other 0.2% contains impurities like boron, oxygen, nitrogen etc., that have no effect on performance but can be harmful to health if ingested or inhaled etc.
Other:
Other is a generic name for inorganic compounds that are not metals or metalloids. The other major compounds include oxides, hydroxides, carbonates and nitrates. Other compounds are used as raw materials for lithium-ion batteries (LiB). It includes LiOH, Li2O and Li3O which are mainly used to produce the anode material of these batteries.
Application Insights:
The lithium ion battery application segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for electric vehicles and renewable energy sources, such as solar and wind, are anticipated to drive the growth of this segment.
The super capacitor application segment is projected to witness significant growth during the forecast period owing to increasing demand from various end-use industries including consumer electronics, healthcare, military & defense among others. The growing adoption of electronic devices has led to an increased need for high-quality capacitors that can withstand extreme temperatures without undergoing any changes. This factor is expected to drive product demand in supercapacitor applications during the next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period owing to growing demand from end-use industries such as aerospace, automotive and electronics. China is one of the largest consumers of lithium oxalide due to easy availability at a low cost and high volume production capacity.
North America accounted for a significant share in terms of revenue generation in 2017 on account of increasing demand for LiDFOB from key end-use industries such as aerospace, defense and medical sector especially during times of emergency when weight is essential than ever before Lithium ion batteries are being used more frequently across all applications including consumer electronic products owing to their higher power density compared with other conventional battery types which makes them ideal for use in portable devices such as smartphones, cameras etc ‘’The U.S.
Growth Factors:
- Increasing demand for LiDFOB in lithium-ion batteries as a substitute to conventional graphite anodes is expected to be a key growth driver for the market over the next few years.
- Rising demand from the electronics and automotive industries is also anticipated to fuel market growth in the near future.
- Growing awareness about the benefits of using LiDFOB over other materials in lithium-ion batteries is projected to boost its adoption across various applications segments in coming years.
- The increasing popularity of electric vehicles is also expected to create lucrative opportunities for market players operating in this space over the forecast period.
- Expansion of production capacities by key manufacturers is likely to result in higher availability of LiDFOB globally, which will subsequently drive down prices and propel market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Oxalyldifluoro Borate (LiDFOB) Market Research Report
By Type
99.8% min, Other
By Application
Lithium Ion Battery, Super Capacitor
By Companies
Suzhou Fosai, Yuji Tech, Jiangsu Guotai Super Power New Materials, Shanghai Rolechem New Material
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Oxalyldifluoro Borate (LiDFOB) Market Report Segments:
The global Lithium Oxalyldifluoro Borate (LiDFOB) market is segmented on the basis of:
Types
99.8% min, Other
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
Lithium Ion Battery, Super Capacitor
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:
- Suzhou Fosai
- Yuji Tech
- Jiangsu Guotai Super Power New Materials
- Shanghai Rolechem New Material
Highlights of The Lithium Oxalyldifluoro Borate (LiDFOB) 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:
- 99.8% min
- Other
- By Application:
- Lithium Ion Battery
- Super Capacitor
- 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 Lithium Oxalyldifluoro Borate (LiDFOB) 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.
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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 oxalyldifluoro borate is a compound with the formula LiBO3. It is a white solid that can be easily dissolved in water. LiDFOB is an effective material for storing energy, and it has been used to create batteries, solar cells, and supercapacitors.
Some of the key players operating in the lithium oxalyldifluoro borate (lidfob) market are Suzhou Fosai, Yuji Tech, Jiangsu Guotai Super Power New Materials, Shanghai Rolechem New Material.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Oxalyldifluoro Borate (LiDFOB) 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 Lithium Oxalyldifluoro Borate (LiDFOB) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lithium Oxalyldifluoro Borate (LiDFOB) 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 Lithium Oxalyldifluoro Borate (LiDFOB) 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 Lithium Oxalyldifluoro Borate (LiDFOB) Market Size & Forecast, 2020-2028 4.5.1 Lithium Oxalyldifluoro Borate (LiDFOB) Market Size and Y-o-Y Growth 4.5.2 Lithium Oxalyldifluoro Borate (LiDFOB) 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 99.8% min
5.2.2 Other
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 Lithium Ion Battery
6.2.2 Super Capacitor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Oxalyldifluoro Borate (LiDFOB) 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 Lithium Oxalyldifluoro Borate (LiDFOB) 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 99.8% min
9.6.2 Other
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 Lithium Ion Battery
9.10.2 Super Capacitor
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 99.8% min
10.6.2 Other
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 Lithium Ion Battery
10.10.2 Super Capacitor
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 99.8% min
11.6.2 Other
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 Lithium Ion Battery
11.10.2 Super Capacitor
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 99.8% min
12.6.2 Other
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 Lithium Ion Battery
12.10.2 Super Capacitor
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 99.8% min
13.6.2 Other
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 Lithium Ion Battery
13.10.2 Super Capacitor
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 Lithium Oxalyldifluoro Borate (LiDFOB) Market: Competitive Dashboard
14.2 Global Lithium Oxalyldifluoro Borate (LiDFOB) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Suzhou Fosai
14.3.2 Yuji Tech
14.3.3 Jiangsu Guotai Super Power New Materials
14.3.4 Shanghai Rolechem New Material