Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- This report studies the Lithium ion Battery Electrolyte market. Lithium-ion batteries are mainly made up of four major components: anode material, cathode material, electrolyte, separator. The electrolyte is one of the key raw materials of lithium-ion batteries, it is the "blood" of lithium ion batteries, between the battery positive and negative playing a role of transporting energy, guaranteeing the lithium-ion batteries to have high voltage, high specific energy and other advantages. It accounts for about 5% -12% of the cost of lithium-ion battery production costs. Usually the electrolyte is prepared by the high purity organic solvent, electrolyte, additive and other materials under certain conditions and certain proportion.

The organic solvent is a part of the electrolyte solution; currently the organic solvent used is primarily dimethyl carbonate, diethyl carbonate, propylene carbonate, ethylene carbonate, ethyl methyl carbonate, and other categories. Main common electrolytes are lithium hexafluorophosphate, lithium tetrafluoroborate, etc., from the viewpoint of cost, safety, etc., the lithium hexafluorophosphate is the most common commercial electrolyte.

The global Lithium ion Battery Electrolyte market that was valued at 555.45 Million USD in 2012 is estimated to be worth 1373.69 Million USD by the end of 2017. Lithium ion Battery Electrolyte market change a lot in the past few years, the average price of natural graphite was about 11176 $/MT in 2012, but it decreased to about 8723 $/MT in 2016.

Lithium ion Battery Electrolyte downstream is wide and recently Lithium ion Battery Electrolyte has acquired increasing significance in various fields of new energy vehicles, digital product and Energy storage. Globally, the Lithium ion Battery Electrolyte market is mainly driven by new energy vehicles and digital product market which account for nearly 97% of total downstream consumption of Lithium ion Battery Electrolyte in global in 2016.

The global Lithium ion Battery Electrolyte market was 1370 million US$ in 2018 and is expected to 2190 million US$ by the end of 2025, growing at a CAGR of 6.0% between 2019 and 2025.

This report studies the Lithium ion Battery Electrolyte market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lithium ion Battery Electrolyte in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Mitsubishi Chemical

UBE Industries

Panax-Etec

Soulbrain

BASF e-mobility

Mitsui Chemicals

Shenzhen Capchem

Guotai Huarong

Guangzhou Tinci Materials

Tianjin Jinniu

Dongguan Shanshan(DGSS)

Zhuhai Smoothway

Beijing Institute of Chemical Reagents

Shantou Jinguang High-Tech

Central Glass

By the product type, the market is primarily split into

Liquid Electrolyte

Solid Electrolyte

By the end users/application, this report covers the following segments

Consumer Electronics

Electric Vehicle

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