In recent years, Chinese companies have continued to increase R & D investment, have successfully broken through technical barriers, and have begun to build LiFSI production lines, gradually breaking the market pattern monopolized by foreign companies. In 2019, LiFSI has a global production capacity of 1,400 tons, of which domestic production capacity is 800 tons, becoming the world's largest producer. In the future, with the gradual commissioning of newly built LIFSI projects such as XZB and TC Material Technology, China will have a total production capacity of 11,400 tons of LiFSI, accounting for nearly 75% of the world.
If LiFSI is used as a general lithium salt additive, the demand for LiFSI will reach 3500 tons in 2020, with a market size of about 2.8 billion; the demand in 2025 will reach 13,000 tons, with a market size of about 10.5 billion. If LiFSI is used as a solute to replace the existing lithium salt, when LiFSI's market share reaches 20%, the demand for LiFSI will be 50,700 tons in 2020, with a market size of about 4.6 billion yuan; the demand will reach 2.1 in 2025 10,000 tons, the market scale is as high as 17 billion yuan. In the future, whether it is used as a general lithium salt additive or directly as a core solute, the demand for LiFSI will show rapid growth and the market prospect is very broad.