PUBLISHER: QYResearch | PRODUCT CODE: 1872359
PUBLISHER: QYResearch | PRODUCT CODE: 1872359
The global market for LiBOB for Lithium Battery Electrolyte was estimated to be worth US$ 22.2 million in 2024 and is forecast to a readjusted size of US$ 114 million by 2031 with a CAGR of 26.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on LiBOB for Lithium Battery Electrolyte cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Lithium borate oxalate (LiBOB) is a lithium-ion battery electrolyte additive with the chemical formula LiB(C2O4)2. Its molecular structure contains two oxalate ligands coordinated with boron atoms, forming a stable chelate structure. As a core component of the electrolyte, LiBOB possesses the following key characteristics:
High chemical stability: Decomposition temperature exceeds 300°C, making it resistant to decomposition in high-temperature environments and effectively suppressing electrolyte gas generation and thermal runaway risks;
Interfacial film-forming capability: Forms a solid electrolyte interphase (SEI) film rich in boron oxides (e.g., B2O3) on electrode surfaces, significantly enhancing battery cycle life (high-temperature cycle capacity retention rate exceeds 85%);
HF removal function: Reacts with trace moisture in the electrolyte to generate boric acid (H3BO3), removing corrosive hydrogen fluoride (HF) and protecting the structural integrity of electrode materials;
Wide electrochemical window: Stable within a voltage range of 0-5V, compatible with high-voltage cathode materials (such as NCM811 and lithium-rich manganese-based materials).
Development trends
High-voltage and wide-temperature-range compatibility
High-voltage battery applications: In high-voltage systems above 4.5V, LiBOB forms a stable cathode electrolyte interface (CEI membrane) to suppress transition metal dissolution and electrolyte oxidation, enabling lithium-rich manganese-based (LRLO)/graphite full cells to maintain a capacity retention rate of 95.5% after 150 cycles;
Wide Temperature Range Performance Optimization: The electrolyte blended with ethyl isopropyl sulfone (EiPS) maintains excellent ionic conductivity (>10 mS/cm) within the temperature range of -40°C to 60°C, making it suitable for extreme environment power batteries.
Green manufacturing and fluorine-free upgrades
VOC-free production process: Replacing traditional solvent-based methods with gas-solid contact methods (e.g., high-temperature nitrogen-loaded gaseous boron sources) reduces organic solvent usage, achieving LiBOB purity ≥99.9% and moisture content ≤20 ppm;
Exploration of biodegradable materials: Developing bio-based oxalate raw materials to reduce the carbon footprint of LiBOB across its entire lifecycle by over 30%.
Intelligent and Composite Applications
Compatibility with solid-state batteries: Adding LiBOB to LAGP-PEO composite solid-state electrolytes enables all-solid-state LFP batteries to maintain a capacity retention rate of 92% after 230 cycles at 60°C. ;
Functional integration: Blending with flame-retardant additives (such as trimethyl phosphate) to develop a "one-stop" electrolyte solution combining high safety and high energy density, already applied in CATL's Kirin battery.
This report aims to provide a comprehensive presentation of the global market for LiBOB for Lithium Battery Electrolyte, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of LiBOB for Lithium Battery Electrolyte by region & country, by Type, and by Application.
The LiBOB for Lithium Battery Electrolyte market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LiBOB for Lithium Battery Electrolyte.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of LiBOB for Lithium Battery Electrolyte manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of LiBOB for Lithium Battery Electrolyte in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of LiBOB for Lithium Battery Electrolyte in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.