Electrolyte Additives Research:CAGR of 11.8% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report “Electrolyte Additives- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Electrolyte Additives was estimated to be worth US$ 1588 million in 2023 and is forecast to a readjusted size of US$ 3956 million by 2030 with a CAGR of 11.9% during the forecast period 2024-2030.

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Electrolyte Additives Market Summary

The need for lighter, thinner, and smaller products makes lithium-ion batteries popular power sources for applications such as mobile phones, laptop computers, digital cameras, electric vehicles, and hybrid electric vehicles. For high power applications, the development of high capacity and high voltage electrode materials is in progress. Battery performance and safety issues are also related to the properties of the electrolytes used. To improve the properties of the electrolytes, small amounts of other components, known as electrolyte additives, are incorporated. In this report, Electrolyte Additives for Lithium-Ion Battery mainly includes Vinylene Carbonate (VC), Fluorinated Ethylene Carbonate (FEC), 1,3-Propane Sultone (1,3-PS), Vinyl Ethylene Carbonate (VEC), Lithium Bis(fluorosulfonyl)imide (LiFSI), etc. Among them, VC and FEC are the most commonly-used electrolyte additives.

Lithium batteries have a wide range of downstream application markets. With the increasing maturity and improvement of lithium battery-related production and use technologies, lithium batteries are widely used in new energy vehicles and 3C products due to their long cycle life, wide temperature range, high energy density and other excellent characteristics, energy storage and other fields are favored. As the cost of using lithium batteries decreases, the market competitiveness of energy storage systems with lithium batteries as the core has been significantly improved, and the share of lithium batteries in the energy storage market is expected to further increase. With the rapid growth of the lithium battery market, the lithium battery electrolyte additive market will also further expand. Electrolyte Additives for Lithium-Ion Battery sales volume in 2023 was 5.26 times that of 2019, and sales in 2030 is expected to reach 2.75 times that of 2023.

The global electrolyte additives market is on an upward trajectory, driven by advancements in battery technology and the growing emphasis on sustainability. As industries shift toward electric and renewable energy solutions, the demand for innovative and high-performance electrolyte additives will likely continue to rise.

Asia-Pacific: This region dominates the electrolyte additives market, largely due to the presence of major battery manufacturers and automotive companies in countries like China, Japan, and South Korea.

North America and Europe: These regions are also witnessing growth due to increasing investments in electric vehicle infrastructure and battery technologies.

According to the new market research report “Global Electrolyte Additives Market Report 2024-2030”, published by QYResearch, the global Electrolyte Additives market size is projected to reach USD 3.96 billion by 2030, at a CAGR of 11.8% during the forecast period.

• Global Electrolyte Additives Market Size (US$ Million), 2019-2030

Above data is based on report from QYResearch: Global Electrolyte Additives Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

• Global Electrolyte Additives Top 15Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)

Above data is based on report from QYResearch: Global Electrolyte Additives Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Electrolyte Additives include Shandong Genyuan New Materials, Chunbo Fine Chem, Zhejiang Yongtai Technology, Tinci Materials, HSC Corporation, Shenzhen Capchem, Hebei Shengtai Material, Suzhou Huayi, Suzhou Cheerchem Advanced Material, Shanghai Chemspec, etc. In 2023, the global top 10 players had a share approximately 70.0% in terms of revenue.

• Electrolyte Additives, Global Market Size, Split by Region

Based on or includes research from QYResearch: Global Electrolyte Additives Market Report 2024-2030.

In terms of regions, China is the largest consumer market, with a market share of 71.8%, followed by South Korea and Japan, with 13.5% and 8.3% respectively.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Electrolyte Additives market is segmented as below:

By Company

    Shandong Genyuan New Materials
    Chunbo Fine Chem
    HSC Corporation
    Zhejiang Yongtai Technology
    Shenzhen Capchem
    Tinci Materials
    Suzhou Huayi
    Shanghai Chemspec
    Nippon Shokubai
    Fujian Chuangxin Science and Technology
    BroaHony Group
    Suzhou Cheerchem Advanced Material
    Hebei Shengtai Material
    Do-Fluoride New Materials
    Shanghai Rukun New Material

Segment by Type

    Vinylene Carbonate (VC)
    Fluoroethylene Carbonate (FEC)
    1,3-Propane sultone
    Vinyl Ethylene Carbonate (VEC)
    Lithium Bis(fluorosulfonyl)imide (LiFSI)
    Others

Segment by Application

    Power Electrolyte
    Consumer Electrolyte
    Energy Storage Electrolyte

Each chapter of the report provides detailed information for readers to further understand the Electrolyte Additives market:

Chapter 1: Introduces the report scope of the Electrolyte Additives report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Electrolyte Additives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Electrolyte Additives market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5:  Sales, revenue of Electrolyte Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6:  Sales, revenue of Electrolyte Additives in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Electrolyte Additives competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Electrolyte Additives comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Electrolyte Additives market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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