Market Overview:
The global tetrafluoroborate electrolyte market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for tetrafluoroborate electrolytes in various applications such as power grid, transportation, consumer electronics, military project, industrial and new energy. In addition, the growing demand for electric vehicles is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. This can be attributed to its high thermal stability and low viscosity as compared with other types of tetrafluoroborate electrolytes.
Product Definition:
A tetrafluoroborate electrolyte is a salt that can be used to make a battery. It is important because it helps to stabilize the battery and keep it from corroding.
Tetraethylammonium Tetrafluoroborate:
Tetraethylammonium tetrafluoroborate, commonly known as TEA4BF, is a salt developed by combining tetraethylammonium and tetrafluoroborate. It has been used in lithium-ion batteries for the enhancement of capacity and energy density. The growing demand for electric vehicles along with the rising usage of rechargeable batteries is expected to drive market growth over the forecast period.
Triethylmethylammonium Tetrafluoroborate:
It is a white crystalline solid and has a pungent odor.
Application Insights:
Power grid was the largest application segment in terms of volume and revenue in 2017. Increasing power demand from industrialization, urbanization, and rising number of end-use industries is expected to drive the segment growth over the forecast period.
The transportation sector accounted for a significant share in 2017 due to increasing use of fluorocarbon based fluids for various applications such as fire extinguishing systems, cooling systems on aircraft & ships, refrigeration equipment on trains & trucks/lorries among others. The growing use of fluorocarbon based products has resulted in reduced emissions leading to improved air quality across several cities globally which is likely to propel their demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Wacker Chemie AG, China National Nuclear Corporation (CNNC), and Toshiba Corporation has resulted in high production capacity of tetrafluoroborate electrolyte across Asia Pacific region.
The growing demand for electric vehicles across major economies including China, India, Japan, South Korea and Taiwan is anticipated to drive industry growth over the forecast period. Tetrafluoroborate based electrolyte was primarily used in manufacturing batteries for electric vehicles but with depleting natural resources it has been largely replaced by lithium-ion battery which poses a significant risk of environmental pollution if mishandled during battery recycling process or during normal operations.
Growth Factors:
- Increasing demand for energy storage systems: The global market for energy storage is expected to grow from .9 billion in 2016 to .5 billion by 2021, at a compound annual growth rate (CAGR) of 18%. This is driven by the need to store renewable energy and provide grid stability
- Development of advanced battery technologies: The market for advanced batteries is expected to grow from .8 billion in 2016 to .9 billion by 2021, at a CAGR of 23%. This growth is being driven by the need for more efficient and reliable power sources for electric vehicles, portable electronics, and grid-scale applications
- Regulatory support for clean energy technologies: Governments around the world are implementing policies that promote the use of clean energy technologies such as battery storage systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Tetrafluoroborate Electrolyte Market Research Report
By Type
Tetraethylammonium Tetrafluoroborate, Triethylmethylammonium Tetrafluoroborate, Spiro-(1,1)-bipyrrolidinium Tetrafluoroborate
By Application
Power Grid, Transportation, Consumer Electronics, Military Project, Industrial, New Energy, Others
By Companies
Tomiyama Pure Chemical Industries, Enchem, Shenzhen Capchem, Hairong Power Material, Fosai New Material, Guotai Super Power, zhongkelaifang Energy Development, Fukai Super Capacitor, American Elements, IoLiTec, Tomiyama Pure Chemical Industries
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Tetrafluoroborate Electrolyte Market Report Segments:
The global Tetrafluoroborate Electrolyte market is segmented on the basis of:
Types
Tetraethylammonium Tetrafluoroborate, Triethylmethylammonium Tetrafluoroborate, Spiro-(1,1)-bipyrrolidinium Tetrafluoroborate
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 Grid, Transportation, Consumer Electronics, Military Project, Industrial, New Energy, 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:
- Tomiyama Pure Chemical Industries
- Enchem
- Shenzhen Capchem
- Hairong Power Material
- Fosai New Material
- Guotai Super Power
- zhongkelaifang Energy Development
- Fukai Super Capacitor
- American Elements
- IoLiTec
- Tomiyama Pure Chemical Industries
Highlights of The Tetrafluoroborate 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:
- Tetraethylammonium Tetrafluoroborate
- Triethylmethylammonium Tetrafluoroborate
- Spiro-(1,1)-bipyrrolidinium Tetrafluoroborate
- By Application:
- Power Grid
- Transportation
- Consumer Electronics
- Military Project
- Industrial
- New Energy
- 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 Tetrafluoroborate 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.
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- 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?
Tetrafluoroborate electrolyte is a type of electrolyte that contains tetrafluoroborate ions. Tetrafluoroborate ions are atoms that have four fluorine atoms attached to their nucleus. Tetrafluoroborate electrolytes are used in battery cells and other electronic devices because they allow for a high degree of dischargeability and low resistance.
Some of the major players in the tetrafluoroborate electrolyte market are Tomiyama Pure Chemical Industries, Enchem, Shenzhen Capchem, Hairong Power Material, Fosai New Material, Guotai Super Power, zhongkelaifang Energy Development, Fukai Super Capacitor, American Elements, IoLiTec, Tomiyama Pure Chemical Industries.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tetrafluoroborate 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 Tetrafluoroborate Electrolyte Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tetrafluoroborate 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 Tetrafluoroborate 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 Tetrafluoroborate Electrolyte Market Size & Forecast, 2018-2028
4.5.1 Tetrafluoroborate Electrolyte Market Size and Y-o-Y Growth
4.5.2 Tetrafluoroborate Electrolyte Market Absolute $ Opportunity
Chapter 5 Global Tetrafluoroborate Electrolyte 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 Tetrafluoroborate Electrolyte Market Size Forecast by Type
5.2.1 Tetraethylammonium Tetrafluoroborate
5.2.2 Triethylmethylammonium Tetrafluoroborate
5.2.3 Spiro-(1
5.2.4 1)-bipyrrolidinium Tetrafluoroborate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tetrafluoroborate Electrolyte 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 Tetrafluoroborate Electrolyte Market Size Forecast by Applications
6.2.1 Power Grid
6.2.2 Transportation
6.2.3 Consumer Electronics
6.2.4 Military Project
6.2.5 Industrial
6.2.6 New Energy
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tetrafluoroborate 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 Tetrafluoroborate 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 Tetrafluoroborate Electrolyte Analysis and Forecast
9.1 Introduction
9.2 North America Tetrafluoroborate Electrolyte 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 Tetrafluoroborate Electrolyte Market Size Forecast by Type
9.6.1 Tetraethylammonium Tetrafluoroborate
9.6.2 Triethylmethylammonium Tetrafluoroborate
9.6.3 Spiro-(1
9.6.4 1)-bipyrrolidinium Tetrafluoroborate
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 Tetrafluoroborate Electrolyte Market Size Forecast by Applications
9.10.1 Power Grid
9.10.2 Transportation
9.10.3 Consumer Electronics
9.10.4 Military Project
9.10.5 Industrial
9.10.6 New Energy
9.10.7 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 Tetrafluoroborate Electrolyte Analysis and Forecast
10.1 Introduction
10.2 Europe Tetrafluoroborate Electrolyte 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 Tetrafluoroborate Electrolyte Market Size Forecast by Type
10.6.1 Tetraethylammonium Tetrafluoroborate
10.6.2 Triethylmethylammonium Tetrafluoroborate
10.6.3 Spiro-(1
10.6.4 1)-bipyrrolidinium Tetrafluoroborate
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 Tetrafluoroborate Electrolyte Market Size Forecast by Applications
10.10.1 Power Grid
10.10.2 Transportation
10.10.3 Consumer Electronics
10.10.4 Military Project
10.10.5 Industrial
10.10.6 New Energy
10.10.7 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 Tetrafluoroborate Electrolyte Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tetrafluoroborate Electrolyte 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 Tetrafluoroborate Electrolyte Market Size Forecast by Type
11.6.1 Tetraethylammonium Tetrafluoroborate
11.6.2 Triethylmethylammonium Tetrafluoroborate
11.6.3 Spiro-(1
11.6.4 1)-bipyrrolidinium Tetrafluoroborate
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 Tetrafluoroborate Electrolyte Market Size Forecast by Applications
11.10.1 Power Grid
11.10.2 Transportation
11.10.3 Consumer Electronics
11.10.4 Military Project
11.10.5 Industrial
11.10.6 New Energy
11.10.7 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 Tetrafluoroborate Electrolyte Analysis and Forecast
12.1 Introduction
12.2 Latin America Tetrafluoroborate Electrolyte 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 Tetrafluoroborate Electrolyte Market Size Forecast by Type
12.6.1 Tetraethylammonium Tetrafluoroborate
12.6.2 Triethylmethylammonium Tetrafluoroborate
12.6.3 Spiro-(1
12.6.4 1)-bipyrrolidinium Tetrafluoroborate
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 Tetrafluoroborate Electrolyte Market Size Forecast by Applications
12.10.1 Power Grid
12.10.2 Transportation
12.10.3 Consumer Electronics
12.10.4 Military Project
12.10.5 Industrial
12.10.6 New Energy
12.10.7 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) Tetrafluoroborate Electrolyte Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tetrafluoroborate Electrolyte 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) Tetrafluoroborate Electrolyte Market Size Forecast by Type
13.6.1 Tetraethylammonium Tetrafluoroborate
13.6.2 Triethylmethylammonium Tetrafluoroborate
13.6.3 Spiro-(1
13.6.4 1)-bipyrrolidinium Tetrafluoroborate
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) Tetrafluoroborate Electrolyte Market Size Forecast by Applications
13.10.1 Power Grid
13.10.2 Transportation
13.10.3 Consumer Electronics
13.10.4 Military Project
13.10.5 Industrial
13.10.6 New Energy
13.10.7 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 Tetrafluoroborate Electrolyte Market: Competitive Dashboard
14.2 Global Tetrafluoroborate Electrolyte Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tomiyama Pure Chemical Industries
14.3.2 Enchem
14.3.3 Shenzhen Capchem
14.3.4 Hairong Power Material
14.3.5 Fosai New Material
14.3.6 Guotai Super Power
14.3.7 zhongkelaifang Energy Development
14.3.8 Fukai Super Capacitor
14.3.9 American Elements
14.3.10 IoLiTec
14.3.11 Tomiyama Pure Chemical Industries
