Supply Chain

Chinaʼs 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.