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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
An electric vehicle's battery, in particular, is made using a variety of chemical procedures. Car engineers closely collaborate with the chemical industry to develop innovations that would increase the battery's efficiency, particularly when they set out on a mission to create a battery for a vehicle that is safer and performs better.
Batteries are made to charge more quickly, be more heat resistant, and maintain efficiency over many years of charging and discharging thanks to chemicals utilized inside the battery.
The cathode, anodes, and electrolytesâthe three essential components of a Li-Ion batteryâare frequently made or improved using specialized additives, coatings, binders, and composite materials created by the chemical industry.
For instance, additions that might change the battery's electrochemical processes and, as a result, its performance.
The India EV Chemicals Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Tata Chemicals won't build an electric car battery factory (EVs). The third-largest producer of soda ash in the world will instead focus on growing its present operations, investing crores in capital expenditures (capex) over the following several years. One of the main basic materials used to make lithium carbonate is soda ash.
EV battery plant at Tata Chemicals, but shareholders hinted at the transition towards green energy and mobility to emphasize the argument. In addition to soda ash, Tata Chemicals also produces silica, salt, and sodium bicarbonate, all of which have several industrial uses.
Up until two years ago, the company distributed Tata Salt, the largest salt brand in the nation, as well as branded pulses and cereals under the Tata Sampann name. Since then, the operation has been transferred to Tata Consumer Products.
An important Indian chemical producer, Gujarat Fluorochemicals Limited (GFL), provides a variety of EV (Electric Vehicle) chemicals to meet the rising need for eco-friendly and sustainable transportation options. Galden PFPE, a high-performance cooling fluid used in EV batteries, is one of their hallmark products. It is the best material to utilize in high-temperature battery systems because of its great thermal and chemical stability.
The fluid is safe for use in electric vehicles since it is non-flammable, non-corrosive, and hazardous at low concentrations. Additionally, GFL sells a variety of fluorinated gases under the trade name "F-Gas." In EV parts like circuit breakers and switches, these gases, such as sulfur hexafluoride (SF6) and nitrogen trifluoride (NF3), are utilized as insulating agents.
They are an ecologically favorable alternative for use in EVs since they have a minimal potential to cause global warming. Lithium-ion battery electrolyte, or "Lithene," is another item that GFL sells. It is a very pure solvent that is used in lithium-ion batteries to transmit ions between the electrodes. The battery's performance and lifespan are greatly influenced by the electrolyte, and Lithene is made to improve battery performance by offering high stability and conductivity.
In general, GFL's line of EV chemicals intends to foster the development of India's electric vehicle sector and advance environmentally friendly and sustainable transportation options.
Based in China, Gotion High-Tech Co. Ltd. is a top provider of lithium-ion batteries and electric vehicle (EV) power solutions. The business provides a variety of EV chemical products, such as separators, electrolytes, cathode materials, and anode materials, which are essential parts of lithium-ion batteries. Cathode material, a fundamental element of lithium-ion batteries used in EVs, is one of the primary goods Gotion High-Tech Co.
Ltd. offers for the Indian market. The cathode materials offered by the firm are fantastic choices for EV producers in India since they are made to offer high energy density, extended cycle life, and outstanding safety performance. Additionally, Gotion High-Tech Co. Ltd provides anode materials made to enhance the performance of lithium-ion batteries used in electric vehicles. Aside from anode materials, Gotion High-Tech Co. Ltd. also provides lithium-ion battery performance enhancements for electric vehicles.
The company's anode materials are favored by EV producers in India because of their high energy density, low cost, and exceptional stability. Gotion High-Tech Co. Ltd. supplies electrolytes and separators, two crucial elements of lithium-ion batteries, in addition to cathode and anode materials. High conductivity, low viscosity, and great stability are features of the company's electrolytes, while high porosity, little shrinkage, and exceptional thermal stability are features of its separators.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2023 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2023 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2023 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2023 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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