Do you want more traffic and exposure? Get on APNews now
MarketersMEDIA / Newsroom / Lithium and Lithium Ion Battery Electrolytes Market is anticipated to grow at a CAGR of ~13% during the period, 2019 to 2029

Lithium and Lithium Ion Battery Electrolytes Market is anticipated to grow at a CAGR of ~13% during the period, 2019 to 2029

Share This Press Release

Lithium and Lithium Ion Battery Electrolytes Market to Amp Up with Significant Inclination towards Electric Mobility

— VALLEY COTTAGE, N.Y. – A new research by Future Market Insights on the lithium and lithium ion battery electrolytes market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2029.

The report explores the lithium and lithium ion battery electrolytes market and provides the reader analytical insights for the forecast period of 2019-2029. As per the findings of the report, the global lithium and lithium ion battery electrolytes market is projected to experience steady growth over the forecast period, due to multiple driving factors, such as increasing battery applications in automotive and consumer electronic manufacturing activities across geographies.

Ascending sales of electric vehicles in recent times has been working to the advantage of the lithium and lithium ion battery electrolytes market players. In order to win in the innovation game, manufacturers are continuously leveraging newer materials and novel technologies, according to the FMI’s analysis.

The global lithium and lithium ion battery electrolytes market value in 2019 is estimated at ~US$ 2.7 Bn, and is expected to increase at a CAGR of ~13% over the forecast period of 2019-2029. This progress in the market is majorly propelled by the growing consumption of lithium and lithium ion battery electrolytes as battery material for electric vehicles and electronics such as laptops, cameras, and personal digital assistants, among others. The power and energy industry has started using electrolytes for energy storage plants in multiple areas, increasing the usage of electrolytes for powering general industrials such as forklift, cement mixers, and air filters, among others.

Download the sample copy of Report with table of contents and Figures @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5474

China’s Market Attractiveness Rising

Although regions such Europe and North America are anticipated to hold significant market shares in the future, currently, the lithium and lithium ion battery electrolytes market growth is expected to be spearheaded by China, Japan, and South Korea.

Moreover, macroeconomic factors such as increment in GDP, consumer electronics, and automotive fleet as well as new production, increasing specialty chemical industry, and overall growth in the manufacturing sector are expected to reflect significant increase in opportunities in Asia Pacific. As a consequence, the growing automotive and consumer electronics industry is expected to increase the usage of lithium and lithium ion battery electrolytes significantly.

Preview Analysis of Lithium and Lithium Ion Battery Electrolytes Market is segmented by (Form - Liquid, Solid & Gel; Product - Lithium-Based, Sulfide-Based, Polymer-Based, Oxide-Based & Others; End Use - Automotive, Consumer Electronics, Power & Energy & General Industrial;) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029: https://www.futuremarketinsights.com/reports/lithium-and-lithium-ion-battery-electrolytes-market

Extensive Usage in Consumer Electronics and Automotive Industries

The lithium and lithium ion battery electrolytes market is segmented in four different segments, which are product, form, end use, and region.
• By form, the liquid electrolytes are expected to hold a prominent share over the forecast period of 2019-2029.
• By product, lithium-based electrolytes are consumed on a greater scale as compared to their counterparts including sulfide-, polymer-, and oxide-based electrolytes.
• In terms of end-use, consumption of lithium and lithium ion battery electrolytes by the automotive industry is expected to account for relatively high sales, due to its growing application in batteries for electric vehicles. Increasing preference for greener modes of transportation, i.e., electric vehicles, has led to increasing production of electrolyte-powered batteries for these electric vehicle, thereby fueling the growth of the lithium and lithium ion battery electrolytes market.

Buy this report @ https://www.futuremarketinsights.com/checkout/5474

Lithium and Lithium Ion Battery Electrolytes Market: Key Players’ Insights

This lithium and lithium ion battery electrolytes report focuses on few key market players, some of these have come out as market leaders. Few examples of such manufacturers in the lithium and lithium ion battery electrolytes market are as follows:

Shenzhen Capchem Technology Co Ltd, Shanshan Technology, Soulbrain MI, Guangzhou Tinci Materials Technolgy Co., TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD., GuangDong JinGuang High-Tech Co., Ltd, PANAX-ETEC, UBE Industries, and Zhangjiagang Guotai-Huarong New Chemical Materials Co., Ltd.

The global lithium and lithium ion battery electrolytes market is highly consolidated with few players being prominent in the lithium and lithium ion battery electrolytes market under their trademarked names such as Sol-Rite™, POWERLYTE®, NANOMYTE® Series, and LMP® battery, among others.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-5474

More from Chemicals & Materials Market Insights Intelligence:

CDU Heat Exchanger Antifoulants Market
Sulfuric Acid Market
Industrial Pipe Insulation Materials Market

Contact Info:
Name: Ankush
Email: Send Email
Organization: Future Market Insights
Address: 616 Corporate Way, Suite 2-9018
Phone: 3479183531
Website: https://www.futuremarketinsights.com/reports/lithium-and-lithium-ion-battery-electrolytes-market

Source URL: https://marketersmedia.com/lithium-and-lithium-ion-battery-electrolytes-market-is-anticipated-to-grow-at-a-cagr-of-13-during-the-period-2019-to-2029/88928166

Source: MarketersMedia

Release ID: 88928166

Subscribe and Receive exclusive insider tips and tricks on Press Release.

Follow Us

Copyright © 2012 - 2020 MarketersMEDIA – Press Release Distribution Services – News Release Distribution Services. All Rights Reserved.

Powered by Semantics BigData Analytics (SBDA).