"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Liquid Electrolyte Market Size, Share & Industry Analysis, By Solvent type (Dimethyl carbonate, Propylene carbonate, Ethylene carbonate, Ethyl methyl carbonate , Others), By Application (Lithium-ion batteries, Capacitors, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104313 | Status : Ongoing



Liquid Electrolyte creates an electrolyte solution, when mixed in a polar solvent. The diluted electrolyte is evenly split into cations and anions that spread through the solvent. The demand for the liquid electrolyte have been increased owing to its versatility for different applications. The electrolyte needs to be used with non-flammable materials to avoid any chance of fire attributed to the prevalence of organic solvents that are generally flammable.

The global liquid electrolyte market is driven by the diverse features such as discharge range properties, self-discharge intensity, low temperature discharge performance and a wider operating temperature range. This makes it the desired solution to incorporate in Li battery. With growing demand for modern energy storage systems, liquid electrolytes are extensively adopted in batteries across the world. However, the huge investment cost of electrical vehicles is limiting the growth of the demand for lithium-ion battery thus negatively impacting the growth for liquid electrolytes.

Key Market Driver -

The increased demand for Lithium ion batteries and electric vehicles is likely to drive the market growth.

Key Market Restraint -

High investment costs of the lithium ion battery due to lack of recyclability is likely to restrict the market growth.

Market Segmentation:

On the basis of solvent types, it is classified into dimethyl carbonate, diethyl carbonate, propylene carbonate, ethylene carbonate, ethyl methyl carbonate and others. Based on application, the market for liquid electrolyte is further segmented Lithium-ion batteries, capacitors and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global & regional players operating in the liquid electrolyte market includes, Mitsubishi Chemical Corporation, Ube Industries, Shenzhen Capchem Technology Co., Ltd., Johnson Controls, Guangzhou Tinci Materials Technology Co., Ltd., GS Yuasa Corporation, 3M, BASF SE, LG Chem, and American Elements.

Key Insights

  • New Advancements in Production Technologies

  • Key Trends in the liquid electrolyte market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market

Regional Analysis:

Asia Pacific dominates the global market for liquid electrolytes. The market is primarily driven by the increased application in batteries as one of the key components in electric vehicles. Batteries are an important application for a variety of markets, such as automotive and consumer electronics. Thus strong demand from these industries have propelled the market growth in the region. In North America, the liquid electrolyte demand is growing with the increased demand for electric vehicles. Owing to zero carbon emissions, consumer acceptance of electric vehicles is growing. This has further stimulated the market growth for the electrolytes in the region. Europe held a decent share in the global market. This growth can be primarily attributed to economic development in certain developed countries, such as the UK and Germany. The automotive and consumer electronic industries have grown considerably and represents the main markets for the liquid electrolyte in Europe. However, lack of production infrastructure and investments has impacted the growth of the market in Latin America, Middle East & Africa.

To gain extensive insights into the market, Request for Customization




By Solvent type

  • Dimethyl carbonate

  • Propylene carbonate

  • Ethylene carbonate

  • Ethyl methyl carbonate

  • Others

By Application

  • Lithium-ion batteries

  • Capacitors

  • Others

By Geography

  • North America (USA, and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Liquid electrolyte Industry Developments

  • In Feb 2018, Mahindra and LG Chem annouced that they have formed a collaboration to develop a new and innovative Li-ion battery system for execution in the Mahindra's electric vehical division. Such activities by leading electric vehicle manufacturers are expected to pave way to the growth of liquid electrolyte in electric vehicle segment.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.