Global Lithium-Ion Battery's Electrolyte Solvent Market, By Type (Ethylene Carbonate, Diethyl Carbonate, Dimethyl Carbonate, Ethyl Methyl Carbonate, Propylene Carbonate, Others), Component (Cathode, Anode, Electrolytic Solution, Others), Form (Solid, Liquid, Gel), Application (Electrical & Electronics, Automotive, Industrial, Consumer Goods, Energy, Healthcare, Automobile, Aerospace, Defense Sectors, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Lithium-Ion Battery's Electrolyte Solvent Market
Lithium-ion battery’s electrolyte solvent market size is expected to grow at a compound annual growth rate of 25.0% for the forecast period of 2021 to 2028. Data Bridge Market Research report on lithium-ion battery’s electrolyte solvent market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Lithium-ion battery’s electrolyte solvent is an artificial chemical compound also known as glycerine triacetate. It is used as a food additive in the form of solvent, flavourings and plasticiser in cigarette filter rods in the tobacco industry, other than that it is also used as a pharmaceutical product. It is a source of food energy in artificial food regeneration systems.
The snowballing requirement for electrolytes for functioning of the electric vehicles and multiple consumer electronics is expected to boost the growth of the lithium-ion battery’s electrolyte solvent market. In addition to this, the demand of lithium-ion battery’s electrolyte solvent in industries such as automotive, aerospace, healthcare, energy and power is also anticipated to act as key determinants favouring the growth of the lithium-ion battery’s electrolyte solvent market over the forecast period of 2021 to 2028. Also, the factors such as increasing demand from end-users and product exploration and improvements are also expected to generate new opportunities of the lithium-ion battery’s electrolyte solvent market.
However, the potential hazards caused by using impure electrolyte solvent are likely to act as key restraints towards lithium-ion battery’s electrolyte solvent market growth rate in the forecast period of 2021 to 2028, whereas the liquid electrolytes for conventional li-ion batteries are flammable, toxic and corrosive, these qualities of liquid electrolytes can challenge the growth of the lithium-ion battery’s electrolyte solvent market in the above mentioned forecast period.
This lithium-ion battery’s electrolyte solvent market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on lithium-ion battery’s electrolyte solvent market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Lithium-Ion Battery’s Electrolyte Solvent Market Scope and Market Size
Lithium-ion battery’s electrolyte solvent market is segmented on the basis of type, component, form and applications. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the lithium-ion battery’s electrolyte solvent market is segmented into ethylene carbonate, diethyl carbonate, dimethyl carbonate, ethyl methyl carbonate, Propylene carbonate and others.
- On the basis of component, the lithium-ion battery’s electrolyte solvent market is segmented into cathode, anode, electrolytic solution and others.
- On the basis of form the lithium-ion battery’s electrolyte solvent market is bifurcated into solid, liquid and gel.
- On the basis of applications, the lithium-ion battery’s electrolyte solvent market is segmented into emulsifier, fixer, additive, stabilizers, adhesive, antifungal agents and others.
Lithium-Ion Battery’s Electrolyte Solvent Market Country Level Analysis
Lithium-ion battery’s electrolyte solvent market is analysed and market size, volume information is provided by type, component, form and applications as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the lithium-ion battery’s electrolyte solvent market due to the growing demand for electric vehicles and multiple initiatives by government associated with greener alternatives for transportation. Europe and North America are estimated to expand at a significant growth rate over the forecast period of 2021 to 2028 because of its rising usage in different applications and the presence of advanced technology within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lithium-Ion Battery’s Electrolyte Solvent Market Share Analysis
Lithium-ion battery’s electrolyte solvent market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to lithium-ion battery’s electrolyte solvent market.
The major players covered in the lithium-ion battery’s electrolyte solvent market report are Mitsubishi Chemical Corporation, UBE INDUSTRIES LTD, LANXESS, Beneq, Tracxn Technologies, Statista Inc, NEI Corporation, Bureau van Dijk, Cymbet, Soulbrain Co., Ltd, Cuberg, Panasonic Corporation, BASF SE, Mitsui Chemicals, Inc., Capchem, Contemporary Amperex Technology Co, Limited, Prieto Battery Inc, Shanshan Technology, LG Chem, Iolitec Ionic Liquids Technologies GmbH, Central Glass Co., Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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