VFBATTERY REPORT
China

Supply Chain

Page 525 of 768
Battery Report 2025, page 525: Supply Chain

Directory profiles · Battery Business Directory

Organizations mentioned or cited on this 2025 report page. A historical mention does not establish current products, availability or endorsement.

Sources and links on page 525

Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.

No web links were embedded in this page of the original PDF. Printed source text may still appear on the page.

Text on page 525

China’s Industry for Electrolyte DOMESTIC MARKET SHARE TOP 5 (2025 H1)

CHINESE SHARE OF GLOBAL MARKET

CAPACITY EXPANSION (10K TONS)

Tinci

Capchem Kunlun Guotai-Hu Chem arong Kunlun Smoothway Chem Shida Yongtai Tech Shenghua

Core Competitive Advantages

Industry Overview

Chinese electrolyte enterprises control the complete industry chain from lithium salts, solvents, to additives, with obvious cost advantages. Chinese enterprises are also leading in new electrolyte and solid-state battery electrolyte fields.

Electrolyte is a critical material for lithium-ion batteries, with Chinese enterprises having formed a global monopoly pattern. 2024 global electrolyte shipments were approximately 1.5 million tons, with Chinese enterprises accounting for over 93% market share. Capchem and Tinci have achieved absolute dominance through technological innovation and capacity expansion.

Source: itdcw, SMM, GGII, EVTANK

In market structure, Tinci leads with 33% market share, with Tinci following at 14%. The top five enterprises account for about 90% of the market, showing extremely high industry concentration. Technologically, Chinese enterprises are continuously innovating in lithium hexafluorophosphate and additives. New electrolytes such as solid-state battery electrolytes have entered the commercialization stage.

Extracted from the PDF; charts and images may read imperfectly.

More in China (6)
Authors for China (4)

Page 525 · 8/18