my country’s fluoroethylene carbonate production is gradually increasing and the market concentration is high

Fluoroethylene carbonate (FEC) is a chemical substance with the chemical name 4-fluoro-1,3-dioxolane-2-one and the chemical formula C3H3FO3. Fluoroethylene carbonate can be used as an additive to lithium battery electrolyte to enhance the stability of electrode materials. In addition, the SEI film formed by fluoroethylene carbonate has better performance, which can prevent further decomposition of the electrolyte and improve the low-temperature performance of the electrolyte.

After years of development, my country’s fluoroethylene carbonate preparation technology has become increasingly perfect, which can be roughly divided into fluorine gas fluorination method, halogen exchange method, etc. Among them, the halogen exchange method can be subdivided into direct fluorination method, catalytic fluorination method, etc. At present, the direct fluorination method has become the mainstream process for producing fluoroethylene carbonate in my country. However, due to the shortcomings of the direct fluorination method, such as complex process, high risk, and low product purity, the fluorinated ethylene carbonate industry still needs to continue to explore new processes.

At present, my country’s fluoroethylene carbonate industry chain has basically been formed. The upstream of the industrial chain is mainly the raw material industry, providing fluorine gas, ethylene carbonate, potassium fluoride and other raw materials; the midstream is mainly the fluoroethylene carbonate production industry, responsible for the production and manufacturing of fluoroethylene carbonate; the downstream is mainly the application field , mainly used to produce lithium battery electrolytes and other products, and are widely used in new energy vehicles, consumer electronics, chemical industry and other fields.

From the upstream of the industrial chain, potassium fluoride has become an important raw material for the production of fluoroethylene carbonate. Potassium fluoride, as a chemical raw material, is widely used in industrial fields. As my country’s industrialization gradually deepens, the application fields of potassium fluoride are gradually broadened, and the market demand is growing. Against this background, the production scale of my country’s potassium fluoride enterprises has gradually expanded, and output has increased. In 2022, my country’s potassium fluoride output will be 140,800 tons. my country’s potassium fluoride production is gradually increasing, providing sufficient raw materials for the continuous development of the fluoroethylene carbonate market.

According to the“2023-2027 Fluoroethylene Carbonate Industry In-depth Market Research and Investment Strategy Suggestions Report” released by the Industrial Research Center As a mainstream product of lithium battery electrolyte additives, fluorinated ethylene carbonate is closely related to the lithium battery electrolyte market. In recent years, my country’s lithium battery electrolyte market has developed rapidly, driving the market demand for fluoroethylene carbonate to gradually increase. Against this background, my country’s fluoroethylene carbonate production capacity has gradually expanded and its output has increased. In 2022, my country’s total fluoroethylene carbonate production will exceed 1,200.00 tons.

Industry analysts said that at present, my country’s fluoroethylene carbonate market is highly concentrated, and leading companies have emerged. The largest fluoroethylene carbonate companies in my country mainly include Yongtai Technology, Shandong Genyuan, Huasheng Lithium Battery, etc. Among them, Shandong Genyuan has the largest market share, accounting for 33.48%; followed by Huasheng Lithium Battery, accounting for 23.07%. As China’s production capacity structure gradually upgrades, some fluoroethylene carbonate companies with backward production technologies are gradually eliminated. In the future, my country’s fluoroethylene carbonate market concentration is expected to further increase.