Electrolyte additives refer to a small amount of additives added to the electrolyte in order to improve the electrochemical performance of the electrolyte and improve the quality of the cathode deposition. Generally, the amount is small, but it is an indispensable part of the electrolyte system.
At present, electrolyte is one of the key factors restricting the development of power batteries, which determines the battery's cycle, high and low temperature and safety performance. Additives are the core value of the electrolyte, and have a significant impact on the electrolyte's wettability, flame retardancy, and film-forming properties. They are also the key to the development of high-performance electrolytes.
Market size forecast
According to Markets and Markets forecasts, the global electrolyte market size will grow to 6.18 billion US dollars by 2023. According to the calculation that additives account for about 30% of the cost of the electrolyte, the global market size of electrolyte additives by 2023 is about 1.854 billion US dollars.