독일의 전기자동차 전지 전해액 : 시장 점유율 분석, 산업 동향, 성장 예측(2025-2030년)

The Germany Electric Vehicle Battery Electrolyte Market size is estimated at USD 0.18 billion in 2025, and is expected to reach USD 0.41 billion by 2030, at a CAGR of 18.17% during the forecast period (2025-2030).

Key Highlights

• Over the medium term, the growing adoption of electric vehicles and supportive government policies and investments towards battery manufacturing across the region are expected to drive the demand for the Germany electric vehicle battery electrolyte market during the forecast period.
• On the other hand, the dependence on other countries for key raw materials used in the production of electrolytes is expected to restrain the growth of the Germany electric vehicle battery electrolyte market.
• Nevertheless, the innovation in electrolyte formulations that improve battery performance, safety, and lifespan, particularly for high-performance or long-range EVs, creates significant growth opportunities in the Germany electric vehicle battery electrolyte market in the near future.

Germany Electric Vehicle Battery Electrolyte Market Trends

Lithium-ion Battery is Expected to Have a Major Share

• Germany stands as one of Europe's foremost markets for electric vehicles (EVs). The nation's push towards electric mobility is bolstered by government initiatives, including subsidies, tax incentives, and stringent regulations like emission reduction targets. As the fleet of EVs expands, so does the demand for lithium-ion batteries, and by extension, the electrolytes integral to their function.
• Moreover, as the prices of materials for lithium-ion batteries decline, manufacturers are ramping up investments in EV battery production. This uptick in production naturally amplifies the demand for essential battery components, notably electrolytes.
• For example, in 2023, the cost of lithium-ion battery packs saw a 14% drop from the previous year, settling at USD 139/kWh. This decline in battery prices translates to more affordable EVs, spurring adoption and expanding the market share for electric vehicles. Such heightened demand not only signals increased consumption of battery components, especially electrolytes but also propels technological advancements aimed at enhancing battery performance.
• Additionally, Germany is actively working to bridge supply chain gaps, aiming to lessen its dependence on imported materials for lithium-ion batteries, including cathodes, anodes, and electrolytes. With ambitious investment plans on the horizon for both EV battery manufacturing and lithium production, a pronounced demand for lithium-ion battery components, particularly electrolytes, is anticipated.
• For instance, in May 2024, Rock Tech Lithium Inc. secured approval to set up a lithium refinery in Guben, Germany. This refinery is projected to boast a capacity of approximately 24,000 tonnes of lithium-hydroxide, a crucial ingredient for electric car batteries and energy storage systems.
• In another move, February 2024 saw Automotive Cells Company (ACC) amass USD 4.7 billion in funding to establish three lithium-ion battery gigafactories spread across France, Germany, and Italy. ACC projects that by 2030, its production will exceed 2 million lithium-ion batteries. Such strategic investments are poised to amplify the demand for lithium-ion battery electrolytes in the coming years.
• Given these dynamics, the lithium-ion battery electrolyte segment is set for a significant upswing in the forecast period.

Investments Towards Battery Manufacturing is Expected to Drive the Market

• Germany, home to automotive titans like Volkswagen, BMW, and Daimler (Mercedes-Benz), is witnessing these giants make substantial strides in electric vehicle (EV) development. With plans to electrify a significant portion of their fleets, these manufacturers are fueling a burgeoning demand for EV batteries and their essential electrolytes.
• To bolster investments in the EV sector, the German government has rolled out a suite of incentives and subsidies. As electric vehicle sales continue to rise, it's anticipated that the government will unveil additional policies to further bolster domestic battery manufacturing. Data from the International Energy Agency highlights this trend: in 2023, Germany's battery electric vehicle (BEV) sales reached 0.52 million units, a notable increase from 0.47 million in 2022.
• In tandem, several battery manufacturers are forging partnerships in Germany, aiming to produce EV batteries that are not only more efficient but also enhance overall performance. At the heart of these advancements are advanced battery electrolyte formulations. These cutting-edge formulations not only extend battery life and safety but also elevate energy density, marking them as key players in the industry's future innovations.
• Highlighting the collaborative spirit, in May 2024, VARTA, a prominent battery manufacturer, spearheaded a consortium of 15 companies and universities. This alliance, centered around the project ENTISE, is dedicated to crafting high-performance, eco-friendly cells for industrial applications, harnessing the potential of sodium-ion technology. With a financial backing of approximately EUR 7.5 million in grants from Germany's Federal Ministry of Research and Education, the consortium aims to wrap up the project's final phase by mid-2027.
• As the industry pivots towards solid-state batteries, heralded for their superior energy density and safety, there's an anticipation of a shift in electrolyte requirements. Recent years have seen a flurry of agreements among companies, underscoring the industry's commitment to meeting the surging demand for solid-state batteries in the automotive realm.
• For instance, in July 2024, Volkswagen Group's battery arm, Powerco, inked a deal with QuantumScape to bring QuantumScape's pioneering solid-state lithium-metal battery technology to the industrial forefront. Such collaborations not only signal a rising demand for solid-state batteries but also underscore the need for a consistent supply of electrolytes in EV battery production.
• Given these developments and the influx of funding, the anticipated investments aimed at bolstering EV battery production capacity are set to invigorate the market.

Germany Electric Vehicle Battery Electrolyte Industry Overview

The Germany electric vehicle battery electrolyte market is moderate. Some of the major players in the market (in no particular order) include Evonik Industries AG, BASF SE, Solvay SA, Umicore SA, and Mitsubishi Chemical Group.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Scope of the Study
• 1.2 Market Definition
• 1.3 Study Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW

• 4.1 Introduction
• 4.2 Market Size and Demand Forecast in USD, till 2029
• 4.3 Recent Trends and Developments
• 4.4 Government Policies and Regulations
• 4.5 Market Dynamics
  • 4.5.1 Drivers
    • 4.5.1.1 The Growing Adoption of Electric Vehicles
    • 4.5.1.2 Supportive Government Policies and Investments Towards Battery Manufacturing
  • 4.5.2 Restraints
    • 4.5.2.1 The Dependence on Other Countries for Key Raw Materials Used in the Production of Electrolytes
• 4.6 Supply Chain Analysis
• 4.7 PESTLE ANALYSIS
• 4.8 Investment Analysis

5 MARKET SEGMENTATION

• 5.1 Battery Type
  • 5.1.1 Lithium-ion
  • 5.1.2 Lead-Acid
  • 5.1.3 Other Battery Types
• 5.2 Electrolyte Type
  • 5.2.1 Liquid Electrolyte
  • 5.2.2 Gel Electrolyte
  • 5.2.3 Solid Electrolyte

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Strategies Adopted by Leading Players
• 6.3 Company Profiles
  • 6.3.1 Evonik Industries AG
  • 6.3.2 BASF SE
  • 6.3.3 Solvay SA
  • 6.3.4 Mitsubishi Chemical Group.
  • 6.3.5 Umicore SA
  • 6.3.6 Targray Industries Inc.
  • 6.3.7 3M Company
  • 6.3.8 NEI Corporation
  • 6.3.9 Cabot Corporation
  • 6.3.10 Samsung SDI
• 6.4 List of Other Prominent Companies
• 6.5 Market Ranking Analysis

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 The Innovation in Electrolyte Formulations