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LiBOB-Global Market Insights and Sales Trends 2025
Synopsis
The global LiBOB market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LiBOB in various end use industries. The expanding demands from the Lithium Battery and Other, are propelling LiBOB market. Battery Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Other segment is estimated at % CAGR for the next seven-year period.
LiBOB is mainly used for battery electrolyte. China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. Global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LiBOB, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LiBOB market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LiBOB market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LiBOB sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LiBOB covered in this report include Albemarle, FCAD Group, Fosai New Material, HSC Corporation, Chaoyang Eternal Chemical and Shinghwa Advanced Material, etc.
The global LiBOB market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Albemarle
FCAD Group
Fosai New Material
HSC Corporation
Chaoyang Eternal Chemical
Shinghwa Advanced Material
Global LiBOB market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LiBOB market, Segment by Type:
Battery Grade
Other
Global LiBOB market, by Application
Lithium Battery
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LiBOB manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LiBOB in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global LiBOB market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LiBOB in various end use industries. The expanding demands from the Lithium Battery and Other, are propelling LiBOB market. Battery Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Other segment is estimated at % CAGR for the next seven-year period.
LiBOB is mainly used for battery electrolyte. China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. Global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LiBOB, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LiBOB market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LiBOB market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LiBOB sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LiBOB covered in this report include Albemarle, FCAD Group, Fosai New Material, HSC Corporation, Chaoyang Eternal Chemical and Shinghwa Advanced Material, etc.
The global LiBOB market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Albemarle
FCAD Group
Fosai New Material
HSC Corporation
Chaoyang Eternal Chemical
Shinghwa Advanced Material
Global LiBOB market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LiBOB market, Segment by Type:
Battery Grade
Other
Global LiBOB market, by Application
Lithium Battery
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LiBOB manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LiBOB in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 LiBOB Market Overview
1.1 LiBOB Product Overview
1.2 LiBOB Market Segment by Type
1.2.1 Battery Grade
1.2.2 Other
1.3 Global LiBOB Market Size by Type
1.3.1 Global LiBOB Market Size Overview by Type (2018-2029)
1.3.2 Global LiBOB Historic Market Size Review by Type (2018-2023)
1.3.3 Global LiBOB Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LiBOB Sales Breakdown by Type (2018-2023)
1.4.2 Europe LiBOB Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LiBOB Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LiBOB Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LiBOB Sales Breakdown by Type (2018-2023)
2 Global LiBOB Market Competition by Company
2.1 Global Top Players by LiBOB Sales (2018-2023)
2.2 Global Top Players by LiBOB Revenue (2018-2023)
2.3 Global Top Players by LiBOB Price (2018-2023)
2.4 Global Top Manufacturers LiBOB Manufacturing Base Distribution, Sales Area, Product Type
2.5 LiBOB Market Competitive Situation and Trends
2.5.1 LiBOB Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LiBOB Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LiBOB as of 2022)
2.7 Date of Key Manufacturers Enter into LiBOB Market
2.8 Key Manufacturers LiBOB Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LiBOB Status and Outlook by Region
3.1 Global LiBOB Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LiBOB Historic Market Size by Region
3.2.1 Global LiBOB Sales in Volume by Region (2018-2023)
3.2.2 Global LiBOB Sales in Value by Region (2018-2023)
3.2.3 Global LiBOB Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LiBOB Forecasted Market Size by Region
3.3.1 Global LiBOB Sales in Volume by Region (2024-2029)
3.3.2 Global LiBOB Sales in Value by Region (2024-2029)
3.3.3 Global LiBOB Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LiBOB by Application
4.1 LiBOB Market Segment by Application
4.1.1 Lithium Battery
4.1.2 Other
4.2 Global LiBOB Market Size by Application
4.2.1 Global LiBOB Market Size Overview by Application (2018-2029)
4.2.2 Global LiBOB Historic Market Size Review by Application (2018-2023)
4.2.3 Global LiBOB Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LiBOB Sales Breakdown by Application (2018-2023)
4.3.2 Europe LiBOB Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LiBOB Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LiBOB Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LiBOB Sales Breakdown by Application (2018-2023)
5 North America LiBOB by Country
5.1 North America LiBOB Historic Market Size by Country
5.1.1 North America LiBOB Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LiBOB Sales in Volume by Country (2018-2023)
5.1.3 North America LiBOB Sales in Value by Country (2018-2023)
5.2 North America LiBOB Forecasted Market Size by Country
5.2.1 North America LiBOB Sales in Volume by Country (2024-2029)
5.2.2 North America LiBOB Sales in Value by Country (2024-2029)
6 Europe LiBOB by Country
6.1 Europe LiBOB Historic Market Size by Country
6.1.1 Europe LiBOB Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LiBOB Sales in Volume by Country (2018-2023)
6.1.3 Europe LiBOB Sales in Value by Country (2018-2023)
6.2 Europe LiBOB Forecasted Market Size by Country
6.2.1 Europe LiBOB Sales in Volume by Country (2024-2029)
6.2.2 Europe LiBOB Sales in Value by Country (2024-2029)
7 Asia-Pacific LiBOB by Region
7.1 Asia-Pacific LiBOB Historic Market Size by Region
7.1.1 Asia-Pacific LiBOB Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LiBOB Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LiBOB Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LiBOB Forecasted Market Size by Region
7.2.1 Asia-Pacific LiBOB Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LiBOB Sales in Value by Region (2024-2029)
8 Latin America LiBOB by Country
8.1 Latin America LiBOB Historic Market Size by Country
8.1.1 Latin America LiBOB Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LiBOB Sales in Volume by Country (2018-2023)
8.1.3 Latin America LiBOB Sales in Value by Country (2018-2023)
8.2 Latin America LiBOB Forecasted Market Size by Country
8.2.1 Latin America LiBOB Sales in Volume by Country (2024-2029)
8.2.2 Latin America LiBOB Sales in Value by Country (2024-2029)
9 Middle East and Africa LiBOB by Country
9.1 Middle East and Africa LiBOB Historic Market Size by Country
9.1.1 Middle East and Africa LiBOB Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LiBOB Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LiBOB Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LiBOB Forecasted Market Size by Country
9.2.1 Middle East and Africa LiBOB Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LiBOB Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Albemarle
10.1.1 Albemarle Company Information
10.1.2 Albemarle Introduction and Business Overview
10.1.3 Albemarle LiBOB Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Albemarle LiBOB Products Offered
10.1.5 Albemarle Recent Development
10.2 FCAD Group
10.2.1 FCAD Group Company Information
10.2.2 FCAD Group Introduction and Business Overview
10.2.3 FCAD Group LiBOB Sales, Revenue and Gross Margin (2018-2023)
10.2.4 FCAD Group LiBOB Products Offered
10.2.5 FCAD Group Recent Development
10.3 Fosai New Material
10.3.1 Fosai New Material Company Information
10.3.2 Fosai New Material Introduction and Business Overview
10.3.3 Fosai New Material LiBOB Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Fosai New Material LiBOB Products Offered
10.3.5 Fosai New Material Recent Development
10.4 HSC Corporation
10.4.1 HSC Corporation Company Information
10.4.2 HSC Corporation Introduction and Business Overview
10.4.3 HSC Corporation LiBOB Sales, Revenue and Gross Margin (2018-2023)
10.4.4 HSC Corporation LiBOB Products Offered
10.4.5 HSC Corporation Recent Development
10.5 Chaoyang Eternal Chemical
10.5.1 Chaoyang Eternal Chemical Company Information
10.5.2 Chaoyang Eternal Chemical Introduction and Business Overview
10.5.3 Chaoyang Eternal Chemical LiBOB Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Chaoyang Eternal Chemical LiBOB Products Offered
10.5.5 Chaoyang Eternal Chemical Recent Development
10.6 Shinghwa Advanced Material
10.6.1 Shinghwa Advanced Material Company Information
10.6.2 Shinghwa Advanced Material Introduction and Business Overview
10.6.3 Shinghwa Advanced Material LiBOB Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shinghwa Advanced Material LiBOB Products Offered
10.6.5 Shinghwa Advanced Material Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LiBOB Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LiBOB Industrial Chain Analysis
11.4 LiBOB Market Dynamics
11.4.1 LiBOB Industry Trends
11.4.2 LiBOB Market Drivers
11.4.3 LiBOB Market Challenges
11.4.4 LiBOB Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LiBOB Distributors
12.3 LiBOB Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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