Market Overview:
The global lithium tetrafluoroborate market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lithium tetrafluoroborate from the battery and organic synthesis industries. In terms of volume, the battery grade segment is expected to dominate the global lithium tetrafluoroborate market during the forecast period. However, in terms of value, the industrial grade segment is expected to grow at a higher rate than other segments during the forecast period. North America dominates this market followed by Europe and Asia Pacific region.
Product Definition:
Lithium tetrafluoroborate is a salt used in organic synthesis. It is a source of lithium ions, which can be used to activate carbonyl groups.
Battery Grade:
Battery grade is a product that contains lithium tetrafluoroborate (LiBF4) and has the ability to generate high voltage. It is used in applications such as electric vehicles, power tools, portable instruments, etc. The global market for battery-grade LiBF4 was valued at USD 28 million in 2016 and it is expected to grow at a CAGR of XX% from 2017 to 2022.
Industrial Grade:
Industrial grade is a type of tetrafluoroborate used in lithium production. It is also used as an intermediate for the production of other chemicals such as hexafluorozirconic acid and hexafluoroantimonic acid. The growing demand for lithium has led to an increase in the consumption of industrial grade tetrafluoroborate, which has further propelled its demand globally.
Application Insights:
Lithium battery application segment led the market and accounted for more than 50.0% share of the global revenue in 2017. The growing demand for lithium-ion batteries, particularly from the automotive and consumer electronics sectors, is expected to drive growth over the forecast period. Increasing production of electric vehicles as a result of supportive government policies is likely to propel industry expansion over the coming years.
The increasing penetration of smartphones has resulted in increased demand for semiconductors; this trend is expected to continue driving semiconductor consumption which, in turn, will fuel product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global lithium tetrafluoroborate market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to growing demand for consumer electronics and electric vehicles in emerging economies such as China, India, and South Korea. In addition, rising awareness regarding energy conservation is anticipated to propel lithium-ion battery demand across various applications including EVs and portable electronics in this region over the coming years.
The European market also accounted for a significant share of global revenue owing to increasing R&D activities related to batteries on account of growing technological advancements across major countries such as Germany, France, Italy, Russia Spain among others.
Growth Factors:
- Increasing demand for lithium tetrafluoroborate in various end-use industries such as pharmaceuticals, agrochemicals, and polymers is expected to drive the market growth.
- Growing demand for lithium tetrafluoroborate from emerging economies is another key factor that would fuel the market growth in the coming years.
- Rising investments by leading players in research and development activities to develop new applications of lithium tetrafluoroborate is anticipated to propel the market growth over the forecast period.
- Stringent government regulations pertaining to environmental protection are likely to create opportunities for Lithium Tetrafluoroborate market during the forecast period. 5) Technological advancements coupled with increasing R&D spending by manufacturers are expected to offer lucrative opportunities for Lithium Tetrafluoroborate market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Tetrafluoroborate Market Research Report
By Type
Battery Grade, Industrial Grade
By Application
Lithium Battery, Organic Synthesis
By Companies
Morita Chemical, Shangrao Guangfu Pharm-Chem, FCAD, Shanghai China Lithium Industrial, Fosai 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Tetrafluoroborate Market Report Segments:
The global Lithium Tetrafluoroborate market is segmented on the basis of:
Types
Battery Grade, Industrial Grade
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 Battery, Organic Synthesis
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:
- Morita Chemical
- Shangrao Guangfu Pharm-Chem
- FCAD
- Shanghai China Lithium Industrial
- Fosai New Material
Highlights of The Lithium Tetrafluoroborate 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:
- Battery Grade
- Industrial Grade
- By Application:
- Lithium Battery
- Organic Synthesis
- 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 Tetrafluoroborate 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 tetrafluoroborate is a chemical compound with the formula LiBF4. It is a white solid that can be easily dissolved in water. This compound has several important applications, including as an explosive and as a fuel for electric vehicles and aircraft.
Some of the major companies in the lithium tetrafluoroborate market are Morita Chemical, Shangrao Guangfu Pharm-Chem, FCAD, Shanghai China Lithium Industrial, Fosai New Material.
The lithium tetrafluoroborate market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium Tetrafluoroborate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lithium Tetrafluoroborate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lithium Tetrafluoroborate Market - Supply Chain
4.5. Global Lithium Tetrafluoroborate Market Forecast
4.5.1. Lithium Tetrafluoroborate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lithium Tetrafluoroborate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lithium Tetrafluoroborate Market Absolute $ Opportunity
5. Global Lithium Tetrafluoroborate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lithium Tetrafluoroborate Market Size and Volume Forecast by Type
5.3.1. Battery Grade
5.3.2. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lithium Tetrafluoroborate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lithium Tetrafluoroborate Market Size and Volume Forecast by Application
6.3.1. Lithium Battery
6.3.2. Organic Synthesis
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lithium Tetrafluoroborate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lithium Tetrafluoroborate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lithium Tetrafluoroborate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lithium Tetrafluoroborate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lithium Tetrafluoroborate Demand Share Forecast, 2019-2026
9. North America Lithium Tetrafluoroborate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lithium Tetrafluoroborate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lithium Tetrafluoroborate Market Size and Volume Forecast by Application
9.4.1. Lithium Battery
9.4.2. Organic Synthesis
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lithium Tetrafluoroborate Market Size and Volume Forecast by Type
9.7.1. Battery Grade
9.7.2. Industrial Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lithium Tetrafluoroborate Demand Share Forecast, 2019-2026
10. Latin America Lithium Tetrafluoroborate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lithium Tetrafluoroborate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lithium Tetrafluoroborate Market Size and Volume Forecast by Application
10.4.1. Lithium Battery
10.4.2. Organic Synthesis
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lithium Tetrafluoroborate Market Size and Volume Forecast by Type
10.7.1. Battery Grade
10.7.2. Industrial Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lithium Tetrafluoroborate Demand Share Forecast, 2019-2026
11. Europe Lithium Tetrafluoroborate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lithium Tetrafluoroborate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lithium Tetrafluoroborate Market Size and Volume Forecast by Application
11.4.1. Lithium Battery
11.4.2. Organic Synthesis
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lithium Tetrafluoroborate Market Size and Volume Forecast by Type
11.7.1. Battery Grade
11.7.2. Industrial Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tpe
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lithium Tetrafluoroborate Demand Share, 2019-2026
12. Asia Pacific Lithium Tetrafluoroborate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lithium Tetrafluoroborate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lithium Tetrafluoroborate Market Size and Volume Forecast by Application
12.4.1. Lithium Battery
12.4.2. Organic Synthesis
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lithium Tetrafluoroborate Market Size and Volume Forecast by Type
12.7.1. Battery Grade
12.7.2. Industrial Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lithium Tetrafluoroborate Demand Share, 2019-2026
13. Middle East & Africa Lithium Tetrafluoroborate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lithium Tetrafluoroborate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lithium Tetrafluoroborate Market Size and Volume Forecast by Application
13.4.1. Lithium Battery
13.4.2. Organic Synthesis
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lithium Tetrafluoroborate Market Size and Volume Forecast by Type
13.7.1. Battery Grade
13.7.2. Industrial Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lithium Tetrafluoroborate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lithium Tetrafluoroborate Market: Market Share Analysis
14.2. Lithium Tetrafluoroborate Distributors and Customers
14.3. Lithium Tetrafluoroborate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Morita Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shangrao Guangfu Pharm-Chem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FCAD
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanghai China Lithium Industrial
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fosai New Material
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
