The Global Battery Grade Lithium Tetrafluoroborate Market was valued at USD 231.34 Million in 2023 and is projected to reach USD 379.55 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period (2024-2030). This growth is being driven by the explosive expansion of the electric vehicle industry, increasing demand for consumer electronics, and the accelerating adoption of advanced energy storage systems globally.

As the world transitions toward electrified transportation and renewable energy, the spotlight is on the key chemical manufacturers who are driving innovation, purity standards, and supply chain resilience for this critical battery component. In this blog, we profile the Top 10 Companies in the Battery Grade Lithium Tetrafluoroborate Industry—a mix of established chemical giants and specialized producers shaping the future of high-performance batteries.

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🔟 1. Morita Chemical

Headquarters: Osaka, Japan
Key Offering: High-Purity LiBF4, Electrolyte Solutions

Morita Chemical is a leading global producer of high-purity lithium salts, including battery grade lithium tetrafluoroborate. The company has established itself as a trusted supplier to major battery manufacturers worldwide, with a strong focus on research and development to enhance product performance and safety characteristics.

Innovation Initiatives:

• Continuous improvement in purification processes for 99.9%+ purity

• Strategic partnerships with leading EV and battery companies

• Expansion of production capacity to meet growing global demand

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Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report

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9️⃣ 2. FCAD Group

Headquarters: Jiangsu, China
Key Offering: LiBF4 Electrolyte Salt, Custom Formulations

FCAD Group has rapidly emerged as a major supplier of battery-grade lithium tetrafluoroborate, leveraging China’s dominant position in the battery supply chain. The company supplies to both domestic Chinese battery makers and international customers across Asia and Europe.

Innovation Initiatives:

• Investment in advanced purification technology

• Strategic focus on quality control and batch consistency

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8️⃣ 3. Shinghwa Advanced Material Group

Headquarters: Liaoning, China
Key Offering: 99.9% Pure LiBF4, Electrolyte Additives

Shinghwa Advanced Material Group has significantly expanded its lithium tetrafluoroborate production capacity in recent years. The company serves the growing Chinese EV market while expanding its international footprint through quality-focused production.

Innovation Initiatives:

• Development of specialized electrolyte formulations

• Continuous improvement in production efficiency

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7️⃣ 4. Do-Fluoride New Materials

Headquarters: Henan, China
Key Offering: Battery Grade LiBF4, Fluorine Compounds

Do-Fluoride New Materials is a significant player in the fluorochemicals market with growing production of battery-grade lithium tetrafluoroborate. The company benefits from vertical integration in fluorine chemistry.

Innovation Initiatives:

• Integration of upstream raw material production

• R&D investment in next-generation electrolyte materials

Download FREE Sample Report:
Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report

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6️⃣ 5. Suzhou Fosai New Material

Headquarters: Jiangsu, China
Key Offering: High-Purity LiBF4, Custom Electrolyte Blends

Suzhou Fosai New Materials specializes in the production of high-purity lithium salts for the battery industry. The company has established partnerships with several major battery manufacturers in China and Southeast Asia.

Innovation Initiatives:

• Focus on technical service and application support

• Development of application-specific electrolyte formulations

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5️⃣ 6. Guangzhou Tianci Hi-tech Material

Headquarters: Guangdong, China
Key Offering: Ultra-Pure LiBF4, Electrolyte Solutions

Located in one of China’s major industrial hubs, Guangzhou Tianci Hi-tech Material has developed strong capabilities in lithium tetrafluoroborate purification and quality control.

Innovation Initiatives:

• Investment in research for improved thermal stability

• Expansion of production to meet growing demand from the EV sector. The company maintains rigorous quality standards throughout its manufacturing processes.

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4️⃣ 7. Shangrao Guangfu Pharm-Chem

Headquarters: Jiangxi, China
Key Offering: Pharmaceutical Grade LiBF4, Battery Electrolytes

Shangrao Guangfu Pharm-Chem brings pharmaceutical-grade manufacturing discipline to lithium tetrafluoroborate production. The company serves both domestic Chinese and international markets.

Innovation Initiatives:

• Application of pharmaceutical quality standards to battery materials

• Development of specialized purification techniques

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3️⃣ 8. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: High-Purity LiBF4, Research Grade Materials

American Elements is a significant global supplier of advanced materials, including battery-grade lithium tetrafluoroborate. The company serves research institutions, battery manufacturers, and specialty chemical markets globally.

Innovation Initiatives:

• Development of proprietary purification methods

• Focus on serving the North American and European markets with high-quality materials.

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2️⃣ 9. Honeywell

Headquarters: Charlotte, North Carolina, USA
Key Offering: Ultra High Purity LiBF4, Specialty Chemicals

Honeywell’s chemical division produces high-purity lithium tetrafluoroborate for specialized battery applications. The company leverages its expertise in chemical manufacturing and global distribution networks.

Innovation Initiatives:

• Implementation of advanced quality control systems

• Investment in R&D for next-generation electrolyte systems

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1️⃣ 10. Sigma-Aldrich (Merck KGaA)

Headquarters: Darmstadt, Germany
Key Offering: Research Grade LiBF4, Analytical Standards

Sigma-Aldrich, now part of Merck KGaA, supplies high-purity lithium tetrafluoroborate primarily to research institutions and specialty manufacturers. The company maintains strict quality standards for its research-grade materials.

Innovation Initiatives:

• Development of certified reference materials

• Development of analytical methods for quality verification

Read Full Report:
Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Battery Materials Is High-Performance and Sustainable

The battery grade lithium tetrafluoroborate market is undergoing a rapid transformation. While traditional applications continue, the industry is investing heavily in advanced purification technologies, sustainable production methods, and global supply chain resilience.

📈 Key Trends Shaping the Market:

• Rising demand from electric vehicle manufacturers globally

• Increasing purity requirements for next-generation battery technologies

• Expansion of production capacity in Asia, Europe, and North America

• Growing emphasis on supply chain localization and security

The companies listed above are not only supplying critical battery materials—they’re enabling the global transition to clean energy and electrified transportation.

Read Full Report:
Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report

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