Battery Electrolyte Market to Witness Widespread Expansion During 2018 – 2026

Press Release

Global Battery Electrolyte Market: Overview

A battery electrolyte is a medium that is used in batteries for ion transfer. Electrolyte is usually a liquid, which is used to transfer ions from one electrode to another. Electrolytes are also available in gel and dry solid forms. Electrolyte consists of soluble salts, acids, and other bases. Battery stores electrical charge or energy in the form of chemical energy using electrolyte. Electrolyte is the chemical that stores electrical charge in a battery. It is the medium through which electrical charge is transferred between cathode and anode. This is done by oxidation reaction, wherein the chemical on anode releases electrons to the negative terminal, and ions in the electrolyte. These electrons are accepted by cathode, thus completing the circuit. Electrolyte brings different chemicals of the cathode and anode in contact with each other, and converts the stored chemical energy into electrical energy. Thus, electrolyte forms one of the major parts of battery construction and plays an important role in the battery overall functioning. Batteries are an integral part of several industries such as automotive, consumer electronics, aerospace & defense, and manufacturing. These industries, especially automotive and the consumer electronics, are among the major users of batteries. These industries are poised to expand at a rapid pace in the near future. This is likely to drive the battery market, thereby boosting the battery electrolyte market.

Get Sample Copy of this report at

Global Battery Electrolyte Market: Key Segments

Based on form of electrolyte, the battery electrolyte market can be segmented into liquid electrolyte, gelled electrolyte, and dry solid electrolyte. Lithium-ion battery uses dry polymer, gel, or liquid type of electrolyte. Lithium-ion battery with liquid electrolyte is a solution of lithium salts with organic solvents added to it. Ethylene carbonate is the organic solvent that is usually added to increase conductivity and expand temperature range of the electrolyte. Lithium-ion battery with gelled electrodes has to be added with several additives to increase its conductivity. Batteries with dry polymer are rarely used commercially. Dry polymers become conductive at elevated temperatures. Sulfuric acid and potassium hydroxide are among the commonly used liquid electrolytes. Lead acid batteries, nickel-cadmium batteries, and nickel-metal-hydride batteries use liquid electrolytes such as sulfuric acid and potassium hydroxide. Currently, the battery electrolyte market is dominated by the liquid electrolyte segment. The segment is anticipated to expand at a steady pace during the forecast period.

Based on region, Asia Pacific is likely to dominate the global battery electrolyte market during the forecast period owing to the expansion of end-user industries in the region. Automotive and consumer goods industries in Asia Pacific have been expanding at a significant pace since the last few years. This trend is estimated to continue during the forecast period. This can be majorly ascribed to the economic development in some of the developing countries such as China and India, in the region. These countries are among the major markets for automotive and consumer goods industries. Furthermore, disposable income of the people in these countries has risen since the last few years. This has supplemented the sales of automobiles and consumer goods, which are the major end-user industries of batteries.

Get Discount of this report at

Global Battery Electrolyte Market: Key Players

Key players operating in the global battery electrolyte market include Mitsubishi Chemical Corporation, Shenzhen Capchem Technology Co., Ltd., Johnson Controls, BASF SE, LG Chem, Ube Industries, Guangzhou Tinci Materials Technology Co., Ltd., GS Yuasa Corporation, and American Elements.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information: Tailwinds and headwinds molding the market trajectory Market segments based on products, technology, and applications Prospects of each segment Overall current and possible future size of the market Growth pace of the market Competitive landscape and key players’ strategies

The main aim of the report is to: Enable key stakeholder in the market bet right on it Understand the opportunities and pitfalls awaiting them Assess the overall growth scope in the near term Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

Enquiry before buying at