The Global LiTFS Market was valued at USD 215 million in 2024 and is projected to reach USD 456 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period. This growth is driven by surging demand for high-performance lithium-ion batteries in electric vehicles and energy storage systems, along with technological advancements in electrolyte formulations.

As the battery industry shifts toward higher energy density and thermal stability requirements, lithium bis(trifluoromethanesulfonyl)imide (LiTFS) has emerged as a critical electrolyte component. This report profiles the Top 10 Companies in the LiTFS Market—chemical specialists and manufacturing leaders enabling next-generation battery technologies.

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🔟 10. Suzhou Cheerchem Advanced Material

Headquarters: Jiangsu, China
Key Offering: LiTFS for solid-state battery prototypes (99.5% purity)

This innovative Chinese manufacturer specializes in electrolyte salts for experimental battery systems, supplying emerging solid-state battery developers with customized LiTFS formulations.

Technology Focus:

• Solid electrolyte compatibility research
• High-temperature stable formulations
• Strategic alliances with academic institutions

Download FREE Sample Report: LiTFS Market – View in Detailed Research Report

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9️⃣ 9. Time Chemical

Headquarters: Shanghai, China
Key Offering: Industrial-grade LiTFS (98% purity)

Time Chemical operates one of China’s most cost-efficient LiTFS production lines, primarily serving domestic battery manufacturers through competitive pricing strategies.

Technology Focus:

• Bulk manufacturing optimization
• Cost-effective purification technology
• Expanding Southeast Asian distribution

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8️⃣ 8. Peric Special Gases

Headquarters: Dalian, China
Key Offering: Specialty-grade LiTFS (99.95% purity)

Peric leverages its military supply chain expertise to produce high-grade LiTFS materials meeting aerospace and defense industry specifications for extreme condition operation.

Technology Focus:

• Aerospace battery applications
• Military specification compliance
• Thermal shock-resistant formulations

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7️⃣ 7. Monils Chem

Headquarters: Jiangsu, China
Key Offering: Grid-scale storage LiTFS solutions

Monils Chem has developed specialized LiTFS variants for large-format lithium-ion batteries used in renewable energy storage systems and utility-scale applications.

Technology Focus:

• ESS-specific electrolyte enhancements
• Cycling stability improvements
• Vertical integration strategies

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6️⃣ 6. Beijing Yuji Science & Technology

Headquarters: Beijing, China
Key Offering: Research-grade LiTFS materials

This technology-driven company supplies advanced electrolyte components to China’s national battery research programs and academic institutions.

Technology Focus:

• Next-gen battery collaborations
• Patent-protected synthesis methods
• Government-funded R&D initiatives

Download FREE Sample Report: LiTFS Market – View in Detailed Research Report

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5️⃣ 5. Central Glass

Headquarters: Tokyo, Japan
Key Offering: Ultra-stable LiTFS formulations

Central Glass combines nine decades of fluorine chemistry expertise with cutting-edge battery material development for Japan’s premium electronics market.

Technology Focus:

• Low-moisture electrolyte systems
• Extended shelf-life formulations
• Strategic supplier for Japanese OEMs

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4️⃣ 4. Jiangsu Guotai Super Power New Materials

Headquarters: Zhangjiagang, China
Key Offering: EV-grade LiTFS materials

As China’s third largest producer, Jiangsu Guotai supplies major domestic battery cell manufacturers with high-volume electrolyte components.

Technology Focus:

• Automotive battery supply chains
• Cost optimization technologies
• Quality control standardization

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3️⃣ 3. Morita Chemical Industries

Headquarters: Osaka, Japan
Key Offering: High-purity LiTFS for premium applications

Morita maintains technological leadership in advanced fluorochemical production, supplying Japanese and Korean battery innovators.

Technology Focus:

• Sub-ppm impurity control
• Custom electrolyte solutions
• Technical collaboration models

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2️⃣ 2. Mitsubishi Materials Electronic Chemicals

Headquarters: Tokyo, Japan
Key Offering: Semiconductor-grade LiTFS (99.99% purity)

Mitsubishi’s precision chemical division produces the industry’s purest electrolyte salts meeting the strictest particulate and ionic purity standards.

Technology Focus:

• Nanoscale contamination control
• High-reliability applications
• Next-gen battery partnerships

Download FREE Sample Report: LiTFS Market – View in Detailed Research Report

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1️⃣ 1. Solvay

Headquarters: Brussels, Belgium
Key Offering: Solvay LiTFSI battery electrolyte salts

The global market leader maintains technological and production capacity advantages through continuous innovation in fluorochemical processing.

Technology Focus:

• Proprietary production processes
• Global supply chain integration
• Strategic partnerships with tier-1 battery makers
• Circular economy initiatives

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🌍 Outlook: LiTFS in the Energy Storage Revolution

The LiTFS market stands at the intersection of multiple transformative trends in energy storage technology and materials science. Key developments will shape its trajectory through 2030:

📈 Emerging Market Opportunities:

• Solid-state battery commercialization timelines accelerating LiTFS adoption
• Growing demand for ultra-high purity grades in medical and aerospace applications
• Regional supply chain development in North America and Europe
• Recycling technologies creating secondary material streams

Read Full Report: LiTFS Market – View in Detailed Research Report

These electrolyte innovators are not merely chemical suppliers—they are foundational enablers of the global transition to advanced energy storage solutions that will power our electrified future.