The global LiTFS market size is predicted to grow from US$ 260 million in 2025 to US$ 477 million in 2031; it is expected to grow at a CAGR of 10.6% from 2025 to 2031.
LiTFS is a lithium salt commonly used in lithium-ion battery electrolytes. It is formed by combining trifluoromethanesulfonic acid with lithium ions. LiTFS enhances the ionic conductivity and cycle stability of the electrolyte, particularly under high and low-temperature conditions. As such, it is widely used in high-performance lithium-ion batteries and other energy storage devices.
United States market for LiTFS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for LiTFS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for LiTFS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key LiTFS players cover Solvay, Mitsubishi Materials Electronic Chemicals, Central Glass, Morita Chemical Industries, Jiangsu Guotai Super Power New Materials, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “LiTFS Industry Forecast” looks at past sales and reviews total world LiTFS sales in 2024, providing a comprehensive analysis by region and market sector of projected LiTFS sales for 2025 through 2031. With LiTFS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LiTFS industry.
This Insight Report provides a comprehensive analysis of the global LiTFS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LiTFS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LiTFS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LiTFS and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LiTFS.
This report presents a comprehensive overview, market shares, and growth opportunities of LiTFS market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
99% Purity and Above
Below 99% Purity
Segmentation by Application:
Lithium-Ion Batteries
Electrochemical Devices
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Solvay
Mitsubishi Materials Electronic Chemicals
Central Glass
Morita Chemical Industries
Jiangsu Guotai Super Power New Materials
Peric Special Gases
Monils Chem
Time Chemical
Beijing Yuji Science & Technology
Suzhou Cheerchem Advanced Material
Key Questions Addressed in this Report
What is the 10-year outlook for the global LiTFS market?
What factors are driving LiTFS market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LiTFS market opportunities vary by end market size?
How does LiTFS break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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