The solid electrolyte market was valued at $17.8 million in 2020, and is projected to reach $56.6 million by 2030, at a CAGR of 12.1% from 2021 to 2030.
Electrolytes are chemicals that, when dissolved in a polar solvent, disintegrate into ions capable of conducting electricity. They are mostly utilized in batteries and cells to act as a catalyst, encouraging the passage of ions between electrodes to make the battery more electricity conductive. The battery cell voltage and energy density are increased by using solid electrolytes, which are super ionic conductors. Solid electrolytes show relatively high ion conductivity due to their rapid diffusion. They are non-flammable and fast load with longer lifecycle and can be used for relatively high energy applications. Inorganic solid electrolytes show high thermal and electrochemical stability and are widely used in lithium ion batteries commonly used in electric vehicles and remote accessories. The solid electrolyte allows high energy storage and avoids short circuits, which lead to a longer life as well as a high efficiency of batteries. A challenge, however, in the commercial part with solid electrolytes resides at its cost, as they are more expensive than liquid electrolytes. Solid electrolytes are primarily used in the electrical and electronics industry. Moreover, they also find abundant use in various end-use industries such as telecom, heavy machinery & goods, and others.
The properties associated with electrolyte solids are leading to their greater adoption in batteries, in turn, creating a significant request for the industry. It is expected that the macroeconomic growth of the electronic industry and huge investment in automotive, intelligent, and advanced electronic devices are planned to support the growth of the solid electrolyte market during the forecast period. Furthermore, the demand for rapid battery batteries is increasing, with a prerequisite of longer lifecycles than consumers, in which the solid electrolyte plays a key role. The introduction of new technologies and competition from other battery technologies will also provide opportunities for innovation and growth for the solid electrolyte market. Furthermore, the political framework and the greatest support of the government for electric vehicles can increase the demand for solid electrolytes around the world, due to their increasing use of batteries. It is expected that sustainability in the lifecycle of the general product will continue to be a key tendency in the global market of solid electrolytes. Increasing awareness of security in recharge and recycling and improvements in battery technologies are some the trends that will influence the solid electrolyte market across the world. Since solid electrolytes are more expensive than their counterparts, it can limit some endways to opt for them. Furthermore, the complexity in the development of associated electrolytes and regulatory standards is a restriction that could prevent the growth of the solid electrolyte market.
The solid electrolyte market is segmented into application, type, and region. On the basis of type, the solid electrolyte market is divided into ceramic and solid polymer. By application, the market is classified into thin-film battery and electric vehicle battery. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include Ampcera Corp, Brightvolt, Inc., Cymbet Corporation, Empower Materials, lonic Materials Inc., NEI Corporation, Ohara lnc., StmicroElectronics N.V., Toshima Manufacturing Co. Ltd., and Toyota Motor Corporation. The global solid electrolyte market report provides in-depth competitive analysis as well as profiles of these major players.
2. Brightvolt, Inc
3. Cymbet Corporation
4. Empower Materials
5. lonic Materials Inc.
6. NEI Corporation
7. Ohara lnc.
8. StmicroElectronics N.V.
9. Toshima Manufacturing Co. Ltd.
10. Toyota Motor Corporation
Electrolytes are chemicals that, when dissolved in a polar solvent, disintegrate into ions capable of conducting electricity. They are mostly utilized in batteries and cells to act as a catalyst, encouraging the passage of ions between electrodes to make the battery more electricity conductive. The battery cell voltage and energy density are increased by using solid electrolytes, which are super ionic conductors. Solid electrolytes show relatively high ion conductivity due to their rapid diffusion. They are non-flammable and fast load with longer lifecycle and can be used for relatively high energy applications. Inorganic solid electrolytes show high thermal and electrochemical stability and are widely used in lithium ion batteries commonly used in electric vehicles and remote accessories. The solid electrolyte allows high energy storage and avoids short circuits, which lead to a longer life as well as a high efficiency of batteries. A challenge, however, in the commercial part with solid electrolytes resides at its cost, as they are more expensive than liquid electrolytes. Solid electrolytes are primarily used in the electrical and electronics industry. Moreover, they also find abundant use in various end-use industries such as telecom, heavy machinery & goods, and others.
The properties associated with electrolyte solids are leading to their greater adoption in batteries, in turn, creating a significant request for the industry. It is expected that the macroeconomic growth of the electronic industry and huge investment in automotive, intelligent, and advanced electronic devices are planned to support the growth of the solid electrolyte market during the forecast period. Furthermore, the demand for rapid battery batteries is increasing, with a prerequisite of longer lifecycles than consumers, in which the solid electrolyte plays a key role. The introduction of new technologies and competition from other battery technologies will also provide opportunities for innovation and growth for the solid electrolyte market. Furthermore, the political framework and the greatest support of the government for electric vehicles can increase the demand for solid electrolytes around the world, due to their increasing use of batteries. It is expected that sustainability in the lifecycle of the general product will continue to be a key tendency in the global market of solid electrolytes. Increasing awareness of security in recharge and recycling and improvements in battery technologies are some the trends that will influence the solid electrolyte market across the world. Since solid electrolytes are more expensive than their counterparts, it can limit some endways to opt for them. Furthermore, the complexity in the development of associated electrolytes and regulatory standards is a restriction that could prevent the growth of the solid electrolyte market.
The solid electrolyte market is segmented into application, type, and region. On the basis of type, the solid electrolyte market is divided into ceramic and solid polymer. By application, the market is classified into thin-film battery and electric vehicle battery. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include Ampcera Corp, Brightvolt, Inc., Cymbet Corporation, Empower Materials, lonic Materials Inc., NEI Corporation, Ohara lnc., StmicroElectronics N.V., Toshima Manufacturing Co. Ltd., and Toyota Motor Corporation. The global solid electrolyte market report provides in-depth competitive analysis as well as profiles of these major players.
Key benefits for stakeholders
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- It outlines the current solid electrolyte market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
- The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, & opportunities and their detailed impact analysis are explained in the study.
- The profiles of key players and their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
By Type
- Ceramic
- Solid Polymer
By Application
- Thin-Film Battery
- Electric Vehicle Battery
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Spain
- Italy
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Players in the global solid electrolyte market are:
1. Ampcera Corp2. Brightvolt, Inc
3. Cymbet Corporation
4. Empower Materials
5. lonic Materials Inc.
6. NEI Corporation
7. Ohara lnc.
8. StmicroElectronics N.V.
9. Toshima Manufacturing Co. Ltd.
10. Toyota Motor Corporation
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SOLID ELECTROLYTE MARKET, BY TYPE
CHAPTER 5: SOLID ELECTROLYTE MARKET, BY APPLICATION
CHAPTER 6: SOLID ELECTROLYTE MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES:
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
