Battery Electrolyte Market

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Global Battery Electrolyte Market Industry
Trends and Forecast to 2025
Global Battery Electrolyte Market, By Battery
Type (Lead-acid, Lithium-ion, Nickel Metal,
Others), By Electrolyte Type (Sodium Chloride,
Nitric Acid, Sulphuric Acid, Others), By End User
(Automotive, EVs, Portable Devices, Industrial,
Others), By Geography (North America, South
America, Europe, Asia-Pacific, Middle East and
Africa) Industry Trends and Forecast to 2025
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global-battery-electrolyte-market
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Report Description
Global Battery Electrolyte Market is expected to
reach USD 6.74 billion by 2025, from USD 3.53
billion in 2017 growing at a CAGR of 8.1 during
the forecast period of 2018 to 2025. A battery
is a product that is able to stock electrical
energy in the form of chemical energy and then
convert into electricity whenever needed. It has
three main components such as anode, cathode and
electrolyte. The chemical electrolyte helps in
the movement of electrical charge between cathode
and anode. Electrolyte of a battery is composed
of soluble salts, acids or other bases in liquid,
gelled and or in dry formats which helps the
battery to work.
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Major Key Players

• Some of the major players operating in this
  market are
• Toray
• Umicore
• Mitsubishi Chemical Holdings
• POSCO
• Hitachi Chemical
• Mitsui Mining Smelting Company
• Showa Denko
• Pulead Technology Industry
• DOW Chemical
• BASF
• Nei Corporation
• Toda Kogyo Corp

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battery-electrolyte-market
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Market Segmentation

• By Battery Type (Lead-acid, Lithium-ion, Nickel
  Metal, Others)
• By Electrolyte Type (Sodium Chloride, Nitric
  Acid, Sulphuric Acid, Others)
• By End User (Automotive, EVs, Portable Devices,
  Industrial, Others)
• By Geography (North America, South America,
  Europe, Asia-Pacific, Middle East and Africa)

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