Report on Global and China Lithium Battery Electrolyte Industry [2016-2020]
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- Date Submitted: 02/23/2016 12:38 AM
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Feb., 23, 2016, Mumbai, India: Market Reports on China presents the report, on “Report on Global and China Lithium Battery Electrolyte Industry [2016-2020]”. The global shipment of electric vehicle power lithium battery surged beyond 110% year on year to 20.8GWh in 2015, and will grow at the CAGR of above 50% in 2016-2020.
Driven by emerging application markets such as new energy vehicles and industrial energy storage, the global lithium battery electrolyte market has been growing steadily. In 2015, the sales volume jumped by 42.1% year on year to 117,000 tons; and it is expected to exceed 600,000 tons in 2020. "http://www.marketreportsonchina.com/consumer-goods-market-research-reports-15520/lithium-battery-electrolyte-global-china.html"
As the world's largest consumer of lithium battery electrolyte, China sold 63,000 tons of lithium battery electrolyte in 2015, up 48.9% year on year; the output value amounted to RMB2.86 billion, a year-on-year surge of 52.2%. The output value grew faster than the sales volume mainly because: First, functional electrolyte which is expensive than conventional electrolytic accounted for a rising proportion of the sales volume. Second, the soaring raw material prices pushed up the electrolyte price from RMB90,000/ton in early 2015 to over RMB200,000/ton at the end of the year. The uptrend is expected to continue in 2016.
By applications, electric vehicle and energy storage will become major growth engines of lithium batteries. The global shipment of electric vehicle power lithium battery surged beyond 110% year on year to 20.8GWh in 2015, and will grow at the CAGR of above 50% in 2016-2020. However, the shipment of small lithium batteries used for consumer electronics represented by smart phones and tablet PCs will see sharp slowdown with an expected growth rate of 5% -10% in the future.
Concerning the development trend, high voltage and temperature-resistant electrolyte will be the focus, mainly because: First, high...
Driven by emerging application markets such as new energy vehicles and industrial energy storage, the global lithium battery electrolyte market has been growing steadily. In 2015, the sales volume jumped by 42.1% year on year to 117,000 tons; and it is expected to exceed 600,000 tons in 2020. "http://www.marketreportsonchina.com/consumer-goods-market-research-reports-15520/lithium-battery-electrolyte-global-china.html"
As the world's largest consumer of lithium battery electrolyte, China sold 63,000 tons of lithium battery electrolyte in 2015, up 48.9% year on year; the output value amounted to RMB2.86 billion, a year-on-year surge of 52.2%. The output value grew faster than the sales volume mainly because: First, functional electrolyte which is expensive than conventional electrolytic accounted for a rising proportion of the sales volume. Second, the soaring raw material prices pushed up the electrolyte price from RMB90,000/ton in early 2015 to over RMB200,000/ton at the end of the year. The uptrend is expected to continue in 2016.
By applications, electric vehicle and energy storage will become major growth engines of lithium batteries. The global shipment of electric vehicle power lithium battery surged beyond 110% year on year to 20.8GWh in 2015, and will grow at the CAGR of above 50% in 2016-2020. However, the shipment of small lithium batteries used for consumer electronics represented by smart phones and tablet PCs will see sharp slowdown with an expected growth rate of 5% -10% in the future.
Concerning the development trend, high voltage and temperature-resistant electrolyte will be the focus, mainly because: First, high...