BATTERY ELECTROLYTE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Battery Electrolyte Market, By Battery Type (Lithium-Ion, Lead Acid, Flow Battery, Nickel Metal, Others), By Electrolyte Type (Liquid Electrolyte, Solid Electrolyte, Gel Electrolyte, Others), By End User (Industrial, Transportation, Energy Storage, Consumer Electronic , Electric Vehicle Battery (EVs), Residential, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

In March 2024, Researchers at the University of Liverpool, U.K., developed a new solid-state battery electrolyte that conducts lithium ions
In February 2022, US Vanadium announced an expanded purchase agreement under which Austria-based Enerox, which sells vanadium redox flow battery (VRFB) systems under its brand name CellCube, can purchase up to 3 million additional liters/year of US Vanadium's ultra-high-purity electrolyte with a price cap over the next five years
In January 2022, Nexeon Limited, a supplier of advanced silicon anode materials for next-generation lithium-ion batteries, licensed its NSP-1 technology to advanced materials giant SKC Co. Ltd. The move ensures that customers globally have fast and reliable access to these strategic materials
In April 2021, Hitachi, Ltd. developed an organic solid electrolyte, featuring both less volatility and chemical durability using materials informatics technology and has successfully fabricated a longlife LIB prototype using this electrolyte