Analysis of lithium battery electrolyte industry demand forecast. Electrolyte consists of lithium salt (lithium hexafluorophosphate), solvent, and additives. The strong market demand for lithium batteries has driven the rapid development of the electrolyte industry. The development prospect of pure electric vehicle market is getting better and better, and experts expect that the large-scale development and application of lithium-ion power battery worldwide has greatly promoted the formation of lithium battery electrolyte industry.
Analysis of Li-ion battery electrolyte industry demand forecast
In recent years, as the problem of air pollution is becoming more and more serious, and the demand for automobiles is expanding, the trend of replacing traditional fossil fuel vehicles by new energy vehicles has become the development trend. As a result, the demand for lithium batteries will increase dramatically, which will lead to a large demand for lithium battery electrolyte.
China has become the world's largest producer of electrolyte for lithium-ion batteries, and the share of electrolyte manufacturers in the global market is expanding, and the main domestic lithium-ion battery electrolyte companies are Xinzhoubang, Tianzhi Materials, Guotai Huarong, Tianjin Jinniu, Dongguan Sansun and other companies.
The global demand for lithium battery electrolyte demand will reach 288,000 tons in 2020, corresponding to a global sales volume of 142,800 tons in 2016, with a compound annual growth rate of 19.17%. The future global demand for lithium batteries and electrolytes will continue to expand, and the total demand for lithium batteries in China is expected to reach 153 GWh by 2020.
Electrolyte is one of the most important raw materials affecting the performance of lithium batteries, and it is given a very high priority in lithium battery companies. While cathode and diaphragm are more like a standardized material for battery companies, electrolyte is more diversified and complex for battery companies to use. At present, the performance level of electrolyte has become one of the main hindering factors for product upgrading in China's lithium battery industry.
With the explosive growth of three major demands for electric vehicles, electric bicycles and energy storage batteries, the future demand for lithium batteries will still maintain rapid growth. Li-ion battery electrolyte market has great potential. With the accelerated trend of global vehicle electrification, the market demand for new energy vehicle lithium battery electrolyte is increasing, and EC, as an indispensable basic component of electrolyte solvent, is expected to rise in market demand in the next few years.
Domestic new energy vehicle production and power battery shipments are estimated to bring the demand scale of power lithium battery electrolyte to about 151,000 tons by 2020. In addition, although the growth of 3C products may slow down, but with the acceleration of 3C product updates and upgrades and the launch of new products, 3C field demand for lithium-ion battery electrolyte will remain at a high level, so 3C overlay lithium storage applications we calculated at 10% growth rate, the demand for electrolyte in 2020 is 80,200 tons.
Therefore, the cumulative increase in demand for lithium battery electrolyte in the next 3 years is about 589,300 tons. Assuming the average unit price of electrolyte in the future is 45,000 yuan/ton, the scale of output value corresponding to the cumulative increment in the next 3 years will reach 26.5 billion yuan.
What are the lithium battery electrolyte manufacturers?
Ltd: The company's lithium-ion battery materials mainly include electrolyte, lithium hexafluorophosphate, new lithium salt, lithium iron phosphate, battery-grade iron phosphate, ternary materials, etc. Tianci materials has been committed to the research, development, production and sales of new fine chemical materials, with three major business segments: personal care materials, lithium-ion battery materials and silicone rubber materials. In 2017, through the 100% acquisition of Dongguan Kaixin, Guangzhou Tianci surpassed Xinzhoubang and became the largest electrolyte producer in China.
2. Shenzhen New Zuobang Technology Co., Ltd: New Zuobang currently has an electrolyte production capacity of 40,000 tons per year and currently has three factories in Huizhou, Nantong and Suzhou. As one of the major domestic electrolyte exporters, Xinzhoubang has become an important supplier for Japanese and Korean enterprises such as Samsung SDI and Sony. For domestic enterprises, the company mainly supplies to BYD, Zhuguang Yu, Lixin, CATL and other enterprises.
Ltd. (hereinafter referred to as "Dongguan Sugan"), a subsidiary of Sugan engaged in electrolyte business, was established in 2005, and later Sugan added production bases in Quzhou and Langfang, with a current capacity of 35,000 tons/year.
From the layout of the three leading lithium battery electrolyte companies, we can see that deep cooperation with battery companies, layout of upstream materials, layout of overseas to open up new markets has become the key to break the game, in the electrolyte market segments, in raw materials, cost, technology, market, capital and other comprehensive competition, has come.
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