Global LiTFSI Market Size to attain USD 355.8 million by 2028

Date: December 21, 2022

Global LiTFSI Market Size to attain USD 355.8 million by 2028

Report findings suggest that global LiTFSI market was valued at USD 183.8 million in 2021 and is expected to reach USD 355.8 million by 2028, showcasing a 9.9% CAGR during the forecast period.

The market research study on the ‘Global LiTFSI Market’ provides an in-depth analysis of the market with a focus on important elements like the leading manufacturers, product categories, applications, and geographical areas. The study also examines important industry developments and offers perceptions of market trends. In addition to the factors already mentioned, the research also takes into account other factors that have contributed to the market's growth in recent years.

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COVID-19 impact:

The most recent coronavirus outbreak has had a detrimental impact on global LiTFSI business. Many end-use sectors were also impacted by the challenges that occurred as a result of the pandemic situation including lack of skilled workers, logistical issues, paucity of materials, and others. There were major pauses in various manufacturing and supply chain processes due to the several precautionary lockdowns that governments enforced to stop the spread of disease, which led to enormous financial losses for the market.

However, with successful vaccination drives, the virus outbreak has been controlled substantially and the industry is expected to pick up pace in the forthcoming years.

Segmentation & Regional Overview:

In terms of type, worldwide LiTFSI market is bifurcated into LiTFSI solution and LiTFSI powder. On the basis of application ambit, the business sphere is branched into antistatic agent, electrolyte salt, and others.

Concerning the regional terrain, the industry spans across Asia-Pacific (India, New Zealand, China, Singapore, Japan, Australia, rest of APAC), Middle East & Africa (Africa, Saudi Arabia, UAE, Iran, Turkey, rest of MEA), North America (Canada, U.S., Mexico), South America (Brazil, Argentina, rest of SA), and Europe (U.K., Germany, Italy, Russia, France, Spain, rest of Europe.)

Competitive dashboard:

The major firms in global LiTFSI industry are Jiangxi Time Chemical Co., Ltd., Monils Chem, Jiangsu Guotai Super Power New Materials Co., Ltd., Peric Special Gases 3M, and Solvay S.A.

FAQs:

How are the different segments in global LiTFSI market bifurcated by type?

A: LiTFSI solution and LiTFSI powder are the types assessed in global LiTFSI market report.

Which are the prominent companies influencing global LiTFSI market dynamics?

A: The major firms in global LiTFSI industry are Jiangxi Time Chemical Co., Ltd., Monils Chem, Jiangsu Guotai Super Power New Materials Co., Ltd., 3M, and Solvay SA.

Which are the pivotal regions of the worldwide LiTFSI market?

A: Asia-Pacific (India, New Zealand, China, Singapore, Japan, Australia, rest of APAC), Middle East & Africa (Africa, Saudi Arabia, UAE, Iran, Turkey, rest of MEA), North America (Canada, U.S., Mexico), South America (Brazil, Argentina, rest of SA), and Europe (U.K., Germany, Italy, Russia, France, Spain, rest of Europe.) are the key regions contributing to global LiTFSI market revenue.

Which are the basic applications of global LiTFSI market?

A: Antistatic agent,electrolyte salt, and others are among the applications of this industry reviewed in the research.

How is global LiTFSI market likely to perform during 2022-2028?

A: Global LiTFSI market is expected to reach USD 355.8 million by 2028, showing a 9.9% CAGR during the forecast period.

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