my country’s lithium battery electrolyte shipments have increased steadily Tianci Materials is the leading company

Lithium batteries are mainly composed of separators, positive electrode materials, electrolytes, and negative electrode materials. Among them, the lithium battery electrolyte serves as a carrier of lithium ions and plays a role in transporting lithium ions during the battery charging and discharging process. Lithium battery electrolyte has an important impact on the operating temperature range, energy density, safety performance, cycle life, etc. of lithium batteries, so it is also called the “blood” of lithium batteries. Lithium battery electrolyte is mainly composed of electrolyte lithium salt, high-purity organic solvent, additives and other materials. Among them, lithium salt has become the raw material with the largest cost share in lithium battery electrolyte.

With the gradual advancement of production technology, the types of lithium battery electrolytes are becoming increasingly abundant. According to different types of lithium salts, lithium battery electrolytes can be roughly divided into lithium difluorophosphate (LiPO2F) electrolyte, lithium bisfluorosulfonimide (LiFSI) electrolyte, lithium hexafluorophosphate (LiPF6) electrolyte, and lithium tetrafluoroborate (LiBF4 ) electrolyte, lithium bistrifluoromethylsulfonimide (LiTFSI) electrolyte, etc.; according to different product forms, lithium battery electrolytes can be roughly divided into solid electrolytes, liquid electrolytes, etc.

From the perspective of application fields, lithium battery electrolytes are mainly used in power batteries, supercapacitors, energy storage batteries, consumer electronics and other fields. Among them, power batteries have become the largest application field of lithium battery electrolyte, accounting for 68.37%; followed by consumer electronics, accounting for 18.24%; energy storage batteries ranked third, accounting for 12.16%.

According to the “China Lithium Battery Electrolyte Industry Application Market Demand and Development Opportunities Research Report 2023-2028” released by the Industrial Research Center As an ancillary industry of lithium batteries, lithium battery electrolyte’s market development is closely related to the lithium battery market. In recent years, my country’s new energy vehicle market has developed rapidly. As the power source of new energy vehicles, the market demand for lithium batteries has gradually increased, which has led to an increase in the market demand for lithium battery electrolyte. Against this background, my country’s lithium battery electrolyte shipments have steadily increased. From 2017 to 2022, my country’s lithium battery electrolyte shipments increased from 122,000 tons to 844,000 tons, with an average annual compound growth rate of 47.23%.

At present, my country’s largest lithium battery electrolyte companies mainly include Cathay Huarong, Tianci Materials, BYD, Xinzhoubang, Kunlun Chemical, etc. Among them, Tianci Materials has the largest market share, accounting for 35.84%, and has become a leading company in the industry. As my country’s market continues to develop, the pace of corporate mergers in the lithium battery electrolyte industry is accelerating, and the market is gradually concentrating on leading companies with mature production technologies and larger scales. In the future, the concentration of my country’s lithium battery electrolyte market is expected to be further improved.

Industry analysts said that in recent years, my country’s lithium battery market has developed rapidly, battery production technology has been upgraded and innovation has accelerated, and the demand for lithium The requirements for battery electrolytes are gradually increasing. Therefore, my country’s lithium battery electrolyte companies need to continuously optimize production technology and improve product quality to meet downstream market demand.