Global Lithium Ion Battery (LIB) Electrolyte Solution Market: Size, Trends & Forecasts (2019-2023)
The report also provides a detailed regional analysis of the LIB electrolyte solution market, including the following regions: Asia-Pacific, Europe, North America, Middle East and Africa, South America, and Rest of World (ROW).
By: Daedal Research
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global LIB electrolyte solution market has forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global LIB electrolyte solution market is highly fragmented with many LIB electrolyte solution market players operating worldwide. Some market players operate on a local level while other players operate on a regional and global level. Further, key players of the market are Mitsubishi Chemical Holdings Corporation, Shenzhen Capchem Technology Co. Ltd., UBE Industries Ltd., Dongwha Enterprise Co. Ltd. (PANAX-ETEC)
3. North America
4. Middle East and Africa (MEA)
5. South America
6. Rest of World (ROW)
1. Mitsubishi Chemical Holdings Corporation
2. Shenzhen Capchem Techology Co. Ltd.
3. UBE Industries Ltd.
4. Dongwha Enterprise Co. Ltd. (PANAX-ETEC)
Lithium ion battery (LIB) is a type of rechargeable battery which has high energy density and uses lithium ions as the main component of its electrolyte. During the charging, lithium ions move from positive electrode to negative electrode while the opposite happens in case of discharging of battery. LIBs can be categorized into four materials namely, anode, cathode, electrolyte solution, and separator. Electrolyte solution being one of the important components of the LIBs is a solution comprising of ions or atoms or molecules.
The main characteristics of LIB electrolyte solution include: Electric Conductor, High Purity, Cycle Life, and Stability. The LIB electrolyte solution market can be segmented on the basis of product type (Solid LIB Electrolyte, Liquid LIB Electrolyte, and Others); Type of Lithium Salts (LiTFSI, LiPF6, LiBF4, and LiCI04); and End-users (Consumer Electronics, Automobile, Industrial, and Others).
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