Top 5 electrolyte additives companies in China

1. Overview of the electrolyte additives market

From the perspective of the current scale of expansion of various companies, the competitive pattern of the electrolyte industry will become increasingly fierce in the future, and the ability to control costs will become the core competitiveness of each company. In addition, with the gradual diversification of downstream customers' needs, the importance of supporting capacities of electrolyte has become increasingly prominent.

And it is expected that the electrolyte industry will evolve into a competitive landscape and this article lists the top 5 electrolyte additives companies. The main electrolyte additives products are vinylene carbonate (VC), fluoroethylene carbonate (FEC), ethylene carbonate (VEC), and 1,3-propane sulfonoli (1,3-PS). It acts on lifepo4 batteries to improve SEI film performance, increase battery initial capacity, cycle life and safety performance. Prices of major electrolyte additives products such as VC, FEC, and 1.3-PS are on a steady downward trend.

Since 2020, there has been a gap in electrolyte materials driven by demand. Prices of major electrolyte additive products such as VC, FEC, and 1,3-PS are on a steady downward trend. Since 2020, there has been a gap in electrolyte materials driven by demand, the supply of additives VC and FEC has been tight, and the price has continued to rise. The price of 1,3-PS does not change much, therefore, understanding the top 5 electrolyte additives companies helps the battery side.

2. Top 5 electrolyte additives companies

Top 5 electrolyte additives companies 

① HSC New Energy

HSC New Energy is a high-tech company focusing on the research and development, production and sales of electrolyte additives for lithium-ion batteries. With leading technical advantages and excellent product quality, it is the world leader in lithium battery electrolyte additives. In the field of electronic chemicals, the company is one of the leading suppliers of vinylene carbonate (VC) and fluoroethylene carbonate (FEC).

The main products include electronic chemicals and special silicones, which are widely used in new energy vehicles, electric two-wheelers, power tools, UPS power supplies, mobile base station power supplies, photovoltaic power stations, 3C products and other fields.

In 2022, in order to comprehensively expand production capacity, the company will build an "annual output of 200,000 tons of low-energy, high-performance lithium battery anode material project", with an estimated total investment of about 1.26 billion RMB.

② Huayi New Energy

Huayi New Energy is an company focusing on the research and development, production and sales of electrolyte additives for lithium-ion batteries, and is one of the important companies of electrolyte additives for lithium batteries in China.

The company's core products are vinylene carbonate (VC) and fluoroethylene carbonate (FEC), which are the main materials for lithium ion battery electrolyte, mainly used in new energy vehicles, 3C products, power energy storage and other fields.

The company entered the lithium battery electrolyte additives market in 2004, always adhering to technological innovation and product upgrading, and its technical strength is recognized by the industry. On April 20, Huayi New Energy will present the GEM meeting.

③ Yongtai Technology

It is a global company of fine fluorobenzene chemicals with a complete product chain and large production capacity. Yongtai Technology attaches great importance to R&D investment and has set up three R&D centers in Zhejiang, Shanghai and the United States. At the same time, it maintains good cooperative relations with a number of scientific research institutions to jointly build a perfect, leading and efficient R&D system.

Electrolyte additives, liquid li salts, electrolytes and other electronic chemical projects. There is also li hexafluorophosphate, the core material of lithium batteries. And a new generation of lithium salt difluorosulfonimide and LiFSl.

On June 5, it was announced that new investment in production expansion, including 5,000 tons of VC and 3,000 tons of FEC, had been put into operation in August 2021. In September, it was announced again that it plans to invest in the construction of 25,000 tons of VC and 5,000 tons of FEC projects with an annual output of 15 months.

④ Wansheng

Since its inception, the company has focused on the production, research and development and sales of functional fine chemicals, and is the world's largest producer and supplier of phosphorus-based flame retardants. After more than 20 years of development, the company has continuously expanded its business sectors and formed a good development trend of multi-business sectors going hand in hand.

The main products of flame retardant research and development, manufacturing and sales include polyurethane flame retardants, engineering plastic flame retardants and two other categories with more than 20 main varieties. Products are mainly used in automobiles, electronic appliances and other fields.

According to the announcement on November 11, Wansheng invested in the construction of the "The electrolyte additives and conductive new material project". The first phase of the project will achieve a production capacity of 5,000 tons of VC and 5,000 tons of FEC, and the construction period is 2 years.

⑤ Kelong FINE Chemical

After more than 10 years of entrepreneurship, the company has developed into a professional fine chemical manufacturing company, enjoying a good reputation in the industry. Carefully build a platform, absorb talents, tackle key core technologies, and focus on the development of nonionic surfactant series products. In September 2010, it was officially rated as a high-tech company and the also top 5 battery electrolyte companies in China.

The company focuses on promoting development with science and technology and survival with innovation. A diversified production company with the research and development, production and application of surfactant series products as the core. A complete product line system supplemented by polycarboxylic acid water reducing agent, phenyl ether series products, SCR new denitration catalyst products, etc.

The company will add R&D and sales of analog integrated circuit chips, expand the business segment beyond the fine chemical industry, and expand into the electronics and electronic chemicals market.

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