We are monitoring the impact of COVID-19 on Battery Electrolyte Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 8124
Share on
Share on

Battery Electrolyte Market By Battery Type (Lead - Acid, Lithium -Ion), By State Of Liquid (Liquid Electrolyte, Gel Electrolyte), By Region - Industry Analysis, Size, Share, Growth, Trends, Forecast Report (2021 - 2026)

Pulished: April, 2021
ID: 8124
Pages: 175

Battery Electrolyte Market Size, Share & Forecast (2021 - 2026)

The size and share of Battery Electrolyte Market is supposed to grow at a CAGR of 10 % during the forecast period of 2021 to 2026.

The increasing use of battery electrolyte in electronics and automotive industry applications is driving the growth of the battery electrolyte business across the world.

Recent Developments

In March 2020, Huntsman International LLC unveiled their Spray Polyurethane Foam business to increase their portfolio of products. They also acquired SPF company Demilic in 2018.

Drivers, Restraints & Challenges of Global Battery Electrolyte Market

Huge investments, especially in lithium-ion batteries, are pulling down costs, also, project developers are continuously improving their designing and building customized storage systems, which is expected to supplement the growth in the global battery electrolyte market.The rising use of electronic devices or gadgets such as laptops, smart phones, and other portable equipment is estimated to drive the demand for lithium-ion batteries. Therefore, it is foreseen to propel the demand for battery electrolytes in the following years.The electrolytes used in lithium-ion battery market are expected to witness considerable growth, with rising opportunities from the formulation and production of advanced electrolytes and growing demand for energy storage systems and hybrid electric vehicles in both developed and developing nations of the world.

Battery electrolyte technique is extremely useful and is growing at a high rate but at the same time, it is costly. In addition to this, the volatility in prices also impedes the growth.The industry also is expected to record some prominent investments into the research and development to keep enhancing the overall quality of the products to meet the standard demands which is in sync with the worldwide environmental regulations. The availability of the raw material due to several macroeconomic factors is also acting as challenge for this industry growth.

Battery Electrolyte Market Segmentation

On the basis of Type

  1. Lead Acid Battery
  2. Liquid Electrolyte
  3. Gel Electrolyte
  4. Lithium-Ion Battery

On the basis of End-user

  1. Automotive
  2. Consumer Electronics
  3. Others

On the basis of Region

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East & Africa

Based on battery type, the lithium-ion battery electrolyte segment of the worldwide market is projected to grow at a higher CAGR during the period of 2021 to 2026. Increased production of lithium-ion battery for Electronic Vehicles is the main reason for the growth of this segment. The Electric Vehicles Initiative (EVI) is a multi-government policy to accelerate the adoption of electric vehicles worldwide. The current members of the EVI include Canada, China, Finland, France, Germany, India, Japan, Mexico, the Netherlands, Norway, Sweden, the UK, and the US. These countries have set an ambitious target to transform 30% of its total vehicles fleet to electric vehicles. Investments are increasingly made in the lithium-ion battery electrolytes business, which is credited to the increasing production of these batteries according to the worldwide requirements.

Globally, Asia Pacific region (APAC) is expected to dominate the battery electrolyte market in terms of value during the forecast period of 2020 to 2025. The ever-growing population of the Asian countries has sparked a demand for battery electrolyte in several industries. The market in these end-use segments is mainly led by the nations of Japan, China, India, Australia and other countries. Amidst the changing trends around the world, the demand for high performing battery electrolyte is increasing. This has led to developments in the APAC Battery Electrolyte market.

North America is the largest producer of Battery Electrolyte. The North American market is supposed to grow at an estimated CAGR of 5.8% from 2020 to 2025. The low cost of natural products will play a significant role in shaping its demand in the North American market. Although, the Chinese market is growing rapidly, North American region is estimated to remain at the top in terms of market size.

Battery Electrolyte Market Key Market Players


  2. Arkema Group

  3. Henkel AG & Co.

  4. Imperial Chemical Corporations

  5. Asahi Corporations

Impact of COVID-19 on the Global Battery Electrolyte Market

Coronavirus pandemic has caused severe challenges for the battery electrolyte market by impacting end-user sectors like automotive, consumer electronics, etc. Major economies of the world are affected due to pandemic as they were the initial hotspots for the virus. The strict lockdown conditions have resulted in the temporary closure of manufacturing units and sales channels, affecting the sales and revenue in the battery electrolyte business. Recently, the lockdown conditions have lifted in all the nations, which is likely to support sales in the battery electrolyte business in the coming years. The market players are planning to implement new marketing strategies to improve the sales of their products in the industries like the automobile, consumer electronics, and others.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1Battery Type               

                                5.1.1 Introduction           

                                5.1.2 Lead Acid 

                                5.1.3Lithium Ion              

                                5.1.4 Y-o-Y Growth Analysis, By Battery Type      

                                5.1.5 Market Attractiveness Analysis, By Battery Type     

                                5.1.6  Market Share  Analysis, By Battery Type    

                5.2 State of Liquid                           

                                5.2.1 Introduction           

                                5.2.2 Liquid Electrolyte 

                                5.2.3 Gel Electrolyte      

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                       By Geographical Area

                                       By Battery Type

                                       By State of Liquid

                                6.1.4  Market Attractiveness Analysis     

                                       By Geographical Area

                                       By Battery Type

                                       By State of Liquid

                                6.1.5  Market Share Analysis      

                                       By Geographical Area

                                       By Battery type

                                       By State of liquid

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy           

                                6.2.6 France      

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia  

                                6.3.6 South Korea           

                6.5 Latin America                            

                                6.4.1 Introduction           

                                6.4.2 Brazil         

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America         

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa        

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 Mitsubisi Chemical Corporation                         

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Ube Industries                          

                8.3Johnsons Control                      

                8.4 Guangzhou Tinci Materials Technology Co. Ltd                            

                8.5 GS Yuasa Corporation                            

                8.6 3M                 

                8.7 BASF SE                        

                8.8LG Chem                       

                8.9 American Elements                 

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          


                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Battery Electrolyte Market Market By Region, From 2021-2026( USD Billion )

  2. Global Battery Electrolyte Market Market By Battery Type, From 2021-2026( USD Billion )

  3. Global Lead - Acid Market By Region, From 2021-2026( USD Billion )

  4. Global Lithium - ion Market By Region, From 2021-2026( USD Billion )

  5. Global Battery Electrolyte Market Market By State of Liquid, From 2021-2026( USD Billion )

  6. Global Liquid Electrolyte Market By Region, From 2021-2026( USD Billion )

  7. Global Gel Electrolyte Market By Region, From 2021-2026( USD Billion )

Please wait. . . . Your request is being processed

Related Reports


$ 1234 4255

Click for Request Sample