Fluoroethylene Carbonate (FEC) Market



Fluoroethylene Carbonate (FEC) Market
Carbonate (FEC) Market
Share, Global Trends,
Analysis, Research, Report,
Segmentation and Forecast,
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Report Description
Fluoroethylene carbonate (114435-02-08) is also known as 4-Fluoro-1,3-dioxolan-2-one is
used as an electrolyte in lithium ion batteries. It permits the formation of stable, thin and
smooth passive solid electrolyte layer making it insoluble in the electrolyte ultimately
increasing the cycling efficiency and discharge capacity retention of the battery. As a film
forming additive the structure of fluoroethylene carbonate (FEC) is very much similar
ethylene carbonate. FEC has been very successful at extending the life cycle of the battery. Its
unique performance has made it a standard additive in the chemical market for almost all
silicon electrodes. The demand of lithium ion batteries form the consumer electronics and
electronic vehicle industry, which is anticipated to witness a healthy CAGR over the forecast
period is expected to fuel the demand for the global FEC market over the forecast period.
Global Fluoroethylene Carbonate (FEC) Market: Drivers & Restraints
The global FEC market is witnessing a healthy growth, particularly driven by its application in
lithium ion batteries. Lithium ion batteries have widely been used for portable electronics
and more recently finding usage in transportation applications owing to their high energy
densities, long cycle life and environmental friendliness. The growth of FEC is driven by high
demand for lithium ion batteries which is expected to witness a double digit CAGR over the
forecast period. The increasing demand for electric vehicles requires the development of
lithium ion batteries with high energy densities. The global market for lithium ion batteries is
fast growing and is expected to be around US$ 30 Bn by the end of 2020. Most of the lithium
ion batteries are useful in consumer electronics devices like mobile phone and notebook PCs.
However expansion in automotive products used in electric vehicles and in storage
application is expected to drive the demand of FEC by the end of 2026.
Report Description
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Global Fluoroethylene Carbonate (FEC) Market: Segmentation
On the basis of end use,the global FEC market is segmented into
•Consumer Electronics
•Electronic Vehicles
Global Fluoroethylene Carbonate (FEC) Market: Region-wise Outlook
In terms of geography, the global FEC market has been divided in to seven key regions
including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific
excluding Japan, Middle East & Africa and Japan. North America is anticipated to endure its
control on the global FEC market. Western Europe, followed by Japan a key market for
consumer electronics is expected to register high growth rate in the global FEC market. The
European countries are also expected to contribute a prominent share in the global FEC
market over the forecast period. Growth in the Western Europe region is anticipated to be
driven by the demand from the electric vehicle market making use of lithium ion lead acid
batteries is one of the key factors to fuel the demand for FEC over the forecast period. Japan
is one of the key markets for consumer electronics followed by Asia Pacific and are
anticipated to showcase promising growth in terms of consumption of FEC over the forecast
Report Description
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Global Fluoroethylene Carbonate (FEC) Market: Key Players
Key players in the global FEC market report include Foosung, FKoreaOL Material, Zhanggiagang
Hankang Chemical, HSC Corporation, Rongcheng Qing Mu High-Tech Materials,
FuJianChuangXin Science and Develops, Anhui Filltime Special Solvent, Changshu Changel
Chemical and Hangzhou Silong Material Technology, Shifeng Technology.
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