Lithium Battery Electrolyte Film-forming Additives Market Analysis: CAGR of 10.7% Predicted Between

Page 1


Market Analysis

Market Size, Share Global Outlook and Forecast 2025-2032 Publication Date: April 17 , 2025

Market Overview

Lithium battery electrolyt e film-forming additives serve as critical components in modern battery chemistries, enhancing performance and safety characteristics.

These specialized chemicals facilitate the formation of stable solid electrolyte interphase (SEI) layers - a crucial factor in preventing electrolyte decomposition and extending battery cycle life.

As battery technologies evolve to meet higher energy density requirements, these additives are becoming indispensable for manufacturers.

Despite strong growth prospects, the industry faces several headwinds. Supply chain vulnerabilities for critical raw materials like fluorine compounds have emerged as a significant concern.

Market Value & Growth Projections

Market Value & Growth Projections:

• Global Market Value (2024): US$ 829 Million

• Projected Market Value (2032): US$ 1663 Million

• CAGR (2025-2032): 10.7%

Key Market Drivers:

Global electrification of transportation

Advancements in energy storage technologies

Others

Market Segmentation

By Type

By Application

Lithium bis(oxalate)borate (LiBOB)

Proprietary Additive Blends

By Region

Energy Storage Systems (ESS)

Industrial Applications

North America

Europe

Asia-Pacific

Middle East & Africa

Key Market Players

Tinci Materials
Shandong
Genyuan
Huasheng
Lithium Battery
Suzhou Huayi Technology

Regional Market Analysis

North America

North America is witnessing accelerated growth fueled by the Inflation Reduction Act's incentives for domestic battery production.

Europe

Europe maintains a strong position through rigorous quality standards and growing investment in localized battery ecosystems.

Asia-Pacific

Asia-Pacific currently leads the global market with over 65% share, anchored by China's dominance in battery production and Japan/South Korea's technological leadership.

https://www.linkedin.com/company/24 chemicalresearchold/posts/ Facebook: https://www.facebook.com/24chemicalr esearch/ X: https://x.com/24Chemical

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.