Battery Electrolyte - $8.53 Billion Global Market Outlook to 2026 - ResearchAndMarkets.com
Aug. 23, 2018
DUBLIN--(BUSINESS WIRE)--Aug 23, 2018--The "Battery Electrolyte - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Battery Electrolyte Market is accounted for $3.82 billion in 2017 and expected to grow at a CAGR of 9.3% to reach $8.53 billion by 2026.
Rising adoption for smart devices & other consumer electronics, increasing demand for electric vehicle battery (EV) and increasing awareness for renewable energy storage are propelling the market growth. Lack of effective recycling technologies for battery materials and the insufficient charging infrastructure are hindering the market growth. The increasing research activities to develop new electrolytes and the rise in local electrolyte manufacturers in the emerging nations provide opportunities to the market.
Asia Pacific is expected to grow at a better pace for battery electrolyte market throughout the forecast period. The market for electrolyte is boosting due to the rising demand from various end-use industries, such as electric vehicles, energy storage, and portable consumer electronics. The demand is also triggered by the increasing number of telecom towers, rising awareness on clean energy generation, rising command for industrial storage, rising electrification drive in developing countries, increasing automobiles sales, falling solar energy costs, etc.
By battery type, the lithium-ion battery is driven by the increased production of lithium-ion battery for electric vehicles.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Battery Electrolyte Market, By Electrolyte
6 Global Battery Electrolyte Market, By Battery Type
7 Global Battery Electrolyte Market, By End-User
8 Global Battery Electrolyte Market, By Geography
9 Key Developments
10 Company ProfilingAdvanced Electrolyte Technologies LLC 3M Umicore Toray POSCO Mitsubishi Chemical Holdings Hitachi Chemical American Elements Gelest Inc. Daikin America Ceramtec BASF SE Shenzhen Capchem Technology Co. Ltd. Ohara Corporation Nohms Technologies
For more information about this report visit https://www.researchandmarkets.com/research/czvl5s/battery?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180823005318/en/
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Related Topics:Battery Technology
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OTHER ENERGY TECHNOLOGY CONSUMER ELECTRONICS
SOURCE: Research and Markets
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PUB: 08/23/2018 06:45 AM/DISC: 08/23/2018 06:45 AM