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Battery Electrolyte Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global battery electrolyte market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Electrolytes are liquid or paste-like substances that transport positively charged ions between the cathode and anode terminals inside batteries to produce electricity. Their different chemical compounds find application depending on the type of battery. For instance, lead-acid batteries use sulfuric acid to create the intended reaction, while household alkaline batteries contain potassium hydroxide as electrolytes. Similarly, zinc-air batteries rely on oxidizing zinc with oxygen and lithium batteries have lithium salt solution, such as lithium hexafluorophosphate (LiPF6).

Battery Electrolyte Market Trends:

The emerging trend of high-end consumer electronics, such as smartphones, laptops, digital cameras, gaming consoles, and torches, represents one of the major factors driving the demand for electrolyte-based lithium-ion batteries worldwide. Moreover, the escalating demand for electric vehicles (EVs) on account of the growing focus on sustainable development and the awareness about the adverse effects of using petroleum-based automobiles is impelling the market growth. Additionally, governing agencies of numerous countries are offering subsidies and implementing favorable initiatives to promote the adoption of EVs, which, in turn, is contributing to market growth. Apart from this, increasing sales of vacuum cleaners due to sedentary lifestyles, hectic working schedules, inflating income levels, and rapid urbanization are driving the sales of battery electrolytes around the world. This can also be accredited to the growing popularity of smart homes and the rising demand for automated products that can perform household activities in a time-efficient manner. Furthermore, the application of battery electrolytes is expanding in the manufacturing of alkaline zinc–manganese oxide batteries. As a result, the escalating demand for these batteries in still digital cameras, portable liquid crystal televisions (TVs), shavers, office-use appliances, and game equipment is anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global battery electrolyte market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on battery type, electrolyte type and end user.

Breakup by Battery Type:

  • Lead Acid
  • Lithium-ion
  • Flow Battery
  • Others
     

Breakup by Electrolyte Type:

  • Liquid Electrolyte
  • Solid Electrolyte
  • Gel Electrolyte
  • Sodium Chloride
  • Nitric Acid
  • Sulphuric Acid
  • Others
     

Breakup by End User:

  • Electric Vehicle
  • Energy Storage
  • Consumer Electronics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, American Elements, BASF SE, GS Yuasa International Ltd., Guangzhou Tinci Materials Technology Co. Ltd., Johnson Controls, LG Chem Ltd., Mitsubishi Chemical Corporation, Mitsui Chemicals Inc., Shenzhen Capchem Technology Co. Ltd., Targray and Ube Industries Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Battery Type, Electrolyte Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3M Company, American Elements, BASF SE, GS Yuasa International Ltd., Guangzhou Tinci Materials Technology Co. Ltd., Johnson Controls, LG Chem Ltd., Mitsubishi Chemical Corporation, Mitsui Chemicals Inc., Shenzhen Capchem Technology Co. Ltd., Targray and Ube Industries Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global battery electrolyte market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global battery electrolyte market?
  • What are the key regional markets?
  • What is the breakup of the market based on the battery type?
  • What is the breakup of the market based on the electrolyte type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global battery electrolyte market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Battery Electrolyte Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Battery Type
    6.1    Lead Acid
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Lithium-ion
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Flow Battery
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Electrolyte Type
    7.1    Liquid Electrolyte
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Solid Electrolyte
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Gel Electrolyte
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Sodium Chloride
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Nitric Acid
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Sulphuric Acid
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8    Market Breakup by End User
    8.1    Electric Vehicle
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Energy Storage
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Consumer Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    3M Company
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    American Elements
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    BASF SE
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    GS Yuasa International Ltd.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Guangzhou Tinci Materials Technology Co. Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
        14.3.6    Johnson Controls
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    LG Chem Ltd.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Mitsubishi Chemical Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Mitsui Chemicals Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Shenzhen Capchem Technology Co. Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Targray
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Ube Industries Ltd.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Battery Electrolyte Market: Major Drivers and Challenges
Figure 2: Global: Battery Electrolyte Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Battery Electrolyte Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Battery Electrolyte Market: Breakup by Battery Type (in %), 2021
Figure 5: Global: Battery Electrolyte Market: Breakup by Electrolyte Type (in %), 2021
Figure 6: Global: Battery Electrolyte Market: Breakup by End User (in %), 2021
Figure 7: Global: Battery Electrolyte Market: Breakup by Region (in %), 2021
Figure 8: Global: Battery Electrolyte (Lead Acid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Battery Electrolyte (Lead Acid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Battery Electrolyte (Lithium-ion) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Battery Electrolyte (Lithium-ion) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Battery Electrolyte (Flow Battery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Battery Electrolyte (Flow Battery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Battery Electrolyte (Other Battery Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Battery Electrolyte (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Battery Electrolyte (Liquid Electrolyte) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Battery Electrolyte (Liquid Electrolyte) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Battery Electrolyte (Solid Electrolyte) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Battery Electrolyte (Solid Electrolyte) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Battery Electrolyte (Gel Electrolyte) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Battery Electrolyte (Gel Electrolyte) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Battery Electrolyte (Sodium Chloride) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Battery Electrolyte (Sodium Chloride) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Battery Electrolyte (Nitric Acid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Battery Electrolyte (Nitric Acid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Battery Electrolyte (Sulphuric Acid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Battery Electrolyte (Sulphuric Acid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Battery Electrolyte (Other Electrolyte Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Battery Electrolyte (Other Electrolyte Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Battery Electrolyte (Electric Vehicle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Battery Electrolyte (Electric Vehicle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Battery Electrolyte (Energy Storage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Battery Electrolyte (Energy Storage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Battery Electrolyte (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Battery Electrolyte (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Battery Electrolyte (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Battery Electrolyte (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Battery Electrolyte Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Battery Electrolyte Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Battery Electrolyte Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Battery Electrolyte Industry: SWOT Analysis
Figure 88: Global: Battery Electrolyte Industry: Value Chain Analysis
Figure 89: Global: Battery Electrolyte Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Battery Electrolyte Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Battery Electrolyte Market Forecast: Breakup by Battery Type (in Million US$), 2022-2027
Table 3: Global: Battery Electrolyte Market Forecast: Breakup by Electrolyte Type (in Million US$), 2022-2027
Table 4: Global: Battery Electrolyte Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Battery Electrolyte Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Battery Electrolyte Market: Competitive Structure
Table 7: Global: Battery Electrolyte Market: Key Players

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