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 substantial growth is directly driven by the explosive expansion of the electric vehicle market, increasing demand for high-performance consumer electronics, and the global push for large-scale renewable energy storage solutions.
As the world transitions towards electrification and sustainable energy, the performance of lithium-ion batteries is paramount. Battery Grade Lithium Tetrafluoroborate (LiBF4), a critical electrolyte salt, is at the heart of this revolution, enhancing conductivity, thermal stability, and overall battery life. In this blog, we profile the Top 10 Companies in the Battery Grade Lithium Tetrafluoroborate Industry—a group of chemical specialists and advanced material producers who are essential to the global battery supply chain.
🔟 1. Morita Chemical Industries Co., Ltd.
Headquarters: Osaka, Japan
Key Offering: High-Purity LiBF4, Custom Electrolyte Solutions
Morita Chemical is a globally recognized leader in the production of high-purity battery chemicals, including Lithium Tetrafluoroborate. With decades of experience, the company supplies major battery manufacturers worldwide, focusing on ultra-pure grades essential for long-cycle-life batteries in automotive and industrial applications.
Innovation & Market Position:
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Pioneer in fluoride chemistry with extensive R&D capabilities
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Strong partnerships with leading Asian and global battery cell producers
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Focus on developing next-generation electrolyte formulations for solid-state batteries
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Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report
9️⃣ 2. FCAD Group (Jiangsu Focuscare New Energy Technology Co., Ltd.)
Headquarters: Zhangjiagang, Jiangsu, China
Key Offering: Battery Grade LiBF4, Lithium Hexafluorophosphate (LiPF6)
FCAD Group is a key Chinese manufacturer specializing in lithium salts and electrolyte materials for the new energy sector. The company has rapidly scaled its production capacity to meet domestic and international demand, positioning itself as a critical supplier within the world’s largest battery manufacturing ecosystem.
Innovation & Market Position:
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Integrated production from raw materials to finished electrolyte salts
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Significant capacity expansions aligned with China’s EV industry growth
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Investment in purification technologies to achieve battery-grade purity exceeding 99.9%
8️⃣ 3. Shinghwa Advanced Material Group
Headquarters: Shanghai, China
Key Offering: LiBF4, Electrolyte Additives, Specialty Chemicals
Shinghwa Advanced Material Group is a major player in the functional material sector, supplying high-value additives and salts to the lithium-ion battery industry. The company’s expertise in fine chemical synthesis allows it to produce consistent, high-performance LiBF4 for demanding applications.
Innovation & Market Position:
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Strong R&D focus on improving electrolyte conductivity and low-temperature performance
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Vertically integrated operations ensuring supply chain stability
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Serves a broad client base including EV, consumer electronics, and energy storage system (ESS) manufacturers
7️⃣ 4. Do-Fluoride New Materials Co., Ltd.
Headquarters: Jiaozuo, Henan, China
Key Offering: LiBF4, Lithium Hexafluorophosphate, Fluorinated Compounds
Do-Fluoride New Materials is one of China’s leading producers of fluoride-based new energy materials. The company leverages its deep expertise in fluorine chemistry to manufacture high-purity LiBF4, which is critical for enhancing the safety and energy density of modern lithium-ion batteries.
Innovation & Market Position:
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One of the world’s largest producers of inorganic fluoride salts
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Continuous investment in production technology to reduce costs and improve product quality
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Strategic focus on supplying the fast-growing electric vehicle battery market
Download FREE Sample Report:
Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report
6️⃣ 5. Suzhou Fosai New Material Co., Ltd.
Headquarters: Suzhou, Jiangsu, China
Key Offering: Ultra-Pure LiBF4, Electrolyte Solutions
Suzhou Fosai New Material specializes in the research, development, and production of lithium battery electrolyte materials. The company is known for its stringent quality control processes, which are essential for producing the ultra-high-purity LiBF4 required by top-tier battery makers.
Innovation & Market Position:
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Advanced purification techniques to minimize impurities that can degrade battery performance
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Strong technical service team that works closely with customers on custom formulations
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Growing export business to North American and European markets
5️⃣ 6. Guangzhou Tinci Materials Technology Co., Ltd. (Tinci)
Headquarters: Guangzhou, Guangdong, China
Key Offering: LiBF4, Electrolyte Salts, Capacitor Chemicals
Guangzhou Tinci is a leading global supplier of lithium battery electrolyte materials. While widely recognized for its lithium hexafluorophosphate (LiPF6) production, the company is a significant and growing producer of high-quality LiBF4, catering to the diverse needs of the energy storage industry.
Innovation & Market Position:
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One of the largest electrolyte manufacturers globally
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Comprehensive product portfolio serving various battery chemistries and applications
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Strategic global footprint with production facilities and R&D centers in key markets
4️⃣ 7. Shangrao Guangfu Pharm-Chem Co., Ltd.
Headquarters: Shangrao, Jiangxi, China
Key Offering: Pharmaceutical & Battery Grade LiBF4, Fine Chemicals
Shangrao Guangfu Pharm-Chem utilizes its expertise in high-purity chemical synthesis to produce Battery Grade Lithium Tetrafluoroborate. The company’s background in pharmaceutical-grade chemicals gives it a competitive edge in achieving the purity levels demanded by the battery industry.
Innovation & Market Position:
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Expertise in stringent purity control inherited from pharmaceutical manufacturing
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Flexible production capabilities to meet custom specifications
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Established supply relationships with mid-sized and emerging battery manufacturers
3️⃣ 8. American Elements
Headquarters: Los Angeles, California, USA
Key Offering: High-Purity (99.99%) LiBF4, Advanced Materials
American Elements is a U.S.-based global manufacturer and distributor of advanced engineered materials. The company supplies research institutions and industrial clients with ultra-high-purity Lithium Tetrafluoroborate, supporting innovation in next-generation battery development, particularly in North America and Europe.
Innovation & Market Position:
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Provides materials for R&D and pilot-scale production, fueling battery innovation
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Extensive catalog of advanced materials for the tech and energy sectors
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Plays a key role in the Western supply chain for battery material research
2️⃣ 9. Shanghai China Lithium Industrial Co., Ltd.
Headquarters: Shanghai, China
Key Offering: Lithium Salts, Including LiBF4 and Carbonate
Shanghai China Lithium Industrial is a specialized producer of various lithium compounds. The company has developed capabilities in producing Battery Grade LiBF4 to serve the specific needs of electrolyte manufacturers, contributing to the diversification of China’s robust battery material supply chain.
Innovation & Market Position:
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Strategic location within a major industrial and logistics hub
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Focus on cost-effective production for the mass market
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Supplies a range of lithium-based products to the energy sector
1️⃣ 10. Nippon Chemical Industrial Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: High-Performance LiBF4, Inorganic Chemicals
Nippon Chemical Industrial is a longstanding Japanese chemical company with a strong focus on inorganic materials. It produces high-quality Lithium Tetrafluoroborate, emphasizing reliability and consistency for the Japanese and South Korean battery industries, which are known for their exacting standards.
Innovation & Market Position:
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Reputation for high quality and technical excellence
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Long-standing relationships with major electronics and automotive battery makers
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Continuous investment in R&D to meet evolving battery technology requirements
Read Full Report:
Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report
🔋 Outlook: The Future of Battery Electrolytes Is High-Performance and Sustainable
The Battery Grade Lithium Tetrafluoroborate market is at a pivotal juncture. As battery technology evolves beyond conventional lithium-ion designs, the demand for specialized electrolyte salts that offer superior performance, safety, and environmental credentials will intensify.
📈 Key Trends Shaping the Market:
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Solid-State Battery Development: Research into LiBF4’s role in hybrid and solid-state electrolytes is accelerating, aiming for safer, higher-energy-density batteries.
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Supply Chain Diversification: Efforts are underway in North America and Europe to establish local LiBF4 production capacity, reducing reliance on a concentrated supply chain.
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Sustainability Focus: Manufacturers are increasingly adopting greener production processes and exploring circular economy models for battery materials.
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Performance Optimization: Continuous R&D is focused on formulating electrolytes with LiBF4 to improve performance in extreme temperatures and extend cycle life.
Read Full Report:
Battery Grade Lithium Tetrafluoroborate Market – View in Detailed Research Report
The companies profiled here are not just supplying a chemical; they are providing a foundational component that powers the global transition to clean energy and electric mobility. Their innovation and scale are crucial for building a more electrified and sustainable future.
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