The new energy vehicle industry accelerates growth and drives the development of chlorinated ethylene carbonate market
Chlorinated ethylene carbonate is an important raw material for the synthesis of lithium-ion battery electrolyte additives such as fluoroethylene carbonate and vinylene carbonate. High-purity electronic grade chloroethylene carbonate can also be used directly as an electrolyte additive for lithium-ion batteries. Products The added value is relatively high.
In recent years, with the rapid development of the new energy vehicle industry, lithium-ion battery production has been increasing year by year, and the consumption capacity of chlorinated ethylene carbonate has continued to increase, driving the growth of the market demand for chlorinated ethylene carbonate. According to the“China Chlorinated Ethylene Carbonate Industry Market Monitoring and Future Development Prospects Research Report 2022-2026” released by the Industrial Research Center, In 2021, my country’s chlorinated ethylene carbonate market demand will be 10,992 tons, with a growth rate of 15.7%.
In terms of production, in recent years, relevant enterprises in my country have strengthened their research on chloroethylene carbonate industrial technology. Related production technologies have continued to make breakthroughs, and production capacity has continued to increase. A number of advantageous enterprises with certain production capabilities have been formed, such as Jiangsu Huasheng Lithium Battery Materials Co., Ltd., Guangzhou Tianci High-tech Materials Co., Ltd., Shenzhen Xinzhoubang Technology Co., Ltd., Wendeng Xingwen New Materials Co., Ltd., etc. Overall, the number of enterprises in my country’s chlorinated ethylene carbonate industry is small, the market has not yet been fully developed, production research needs to be improved, and some enterprises’ products are mainly for self-use. In general, my country’s chlorinated ethylene carbonate industry is relatively competitive. Ease.
In the future, as the production and sales of new energy vehicles in China and the world increase, the demand for chlorinated ethylene carbonate in China and the global lithium-ion battery field will continue to grow, and the chlorinated ethylene carbonate industry has broad development prospects. It is estimated that in 2025, my country’s chlorinated ethylene carbonate market size will reach 353 million yuan, and the global chlorinated ethylene carbonate market size will reach 636 million yuan.
From a policy perspective, the state attaches great importance to the development of the lithium battery industry and has issued a series of relevant policies, regulations and industrial planning documents to guide, support and regulate the development of China’s lithium battery industry. Chlorinated ethylene carbonate is an important part of lithium battery production. The development of the lithium battery industry will inevitably provide a good industrial development environment for the chlorinated ethylene carbonate industry and play a positive role in promoting the development of the industry.
From the perspective of demand, with the clarification of the new energy lithium electrification technology route, domestic new energy vehicles are expected to accelerate growth. In the long run, the demand for 5G base stations, energy storage, electric vehicle lithium electrification and other industries will grow. There will still be a large market space for lithium batteries in the next few years. The increase in demand for lithium batteries in many industries will also bring rapid growth and variety of electrolyte additives. Diversification will also bring broader development space to the upstream chlorinated ethylene carbonate market.
From the perspective of development stage, the domestic chlorinated ethylene carbonate industry currently maintains a rapid growth rate and is in the growth stage. According to the development trajectory of the industry life cycle, the domestic chlorinated ethylene carbonate industry still has large market development space in the future. In the future, the continuous development of downstream industries and the improvement of domestic chlorinated ethylene carbonate production technology will inject impetus into the development of the chlorinated ethylene carbonate industry and promote the healthy development of the chlorinated ethylene carbonate industry.