The Global Lithium Bis(fluorosulfonyl)imide (LiFSI) Market was valued at USD 382.7 Million in 2024 and is projected to reach USD 1.21 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 21.3% during the forecast period (2024–2030). This explosive growth is primarily driven by the global transition to electric vehicles (EVs), the demand for higher energy density batteries, and the superior performance characteristics of LiFSI compared to conventional LiPF6 electrolyte salts.

As the battery industry accelerates toward safer, more efficient, and longer-lasting energy storage solutions, LiFSI has emerged as a critical enabling material. In this blog, we profile the Top 10 Companies in the LiFSI Market—a group of specialized chemical manufacturers and material scientists who are leading the charge in next-generation electrolyte innovation.

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🔟 1. Nippon Shokubai Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: High-Purity LiFSI (99.9% and 99.99%)

Nippon Shokubai is a leading global chemical company with a strong foothold in advanced materials, including electrolytes for lithium-ion batteries. The company leverages its expertise in catalysis and fine chemicals to produce high-purity LiFSI, catering to major battery manufacturers seeking enhanced thermal stability and conductivity.

Innovation and Expansion Initiatives:

• Continuous process optimization for cost-effective LiFSI production

• Strong R&D focus on next-generation electrolyte formulations

• Strategic partnerships with automotive OEMs and battery cell producers

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9️⃣ 2. CHEMICAL CORPORATION OF MALAYSIA (CCM)

Headquarters: Kuala Lumpur, Malaysia
Key Offering: LiFSI for EV and Energy Storage Systems (ESS)

CCM, through its subsidiaries, is a key player in the Southeast Asian chemical market and has been actively developing its LiFSI production capabilities. The company aims to become a significant supplier to the rapidly growing EV battery market in the Asia-Pacific region.

Innovation and Expansion Initiatives:

• Investment in scaling up LiFSI manufacturing capacity

• Focus on supply chain integration for raw material security

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8️⃣ 3. Jiangsu HSC New Energy Materials Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: LiFSI, LiTFSI, and other Specialty Lithium Salts

HSC New Energy is a Chinese specialist in lithium battery electrolyte materials. The company has established itself as a major domestic producer of LiFSI, supporting China’s dominant position in the global battery supply chain. Its products are used in high-performance lithium-ion batteries for consumer electronics and EVs.

Innovation and Expansion Initiatives:

• Rapid expansion of production capacity to meet soaring demand

• Development of proprietary synthesis routes to improve purity and yield

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7️⃣ 4. Capchem Technology Co., Ltd.

Headquarters: Shenzhen, Guangdong, China
Key Offering: LiFSI, Electrolyte Solutions, Additives

Capchem is one of the world’s leading producers of lithium-ion battery electrolytes. The company offers LiFSI both as a standalone salt and as a key component in its customized electrolyte formulations. Its strong technical service and global presence make it a preferred partner for battery makers worldwide.

Innovation and Expansion Initiatives:

• Integrated production from lithium salts to finished electrolyte solutions

• Significant investments in new production facilities in China and Europe

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6️⃣ 5. Fortek Battery Materials Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: High-Purity LiFSI, LiPF6, Electrolyte Additives

Fortek specializes in the research, development, and production of advanced battery materials. The company has developed robust manufacturing processes for LiFSI, focusing on achieving the high purity levels required for long-cycle-life batteries in automotive applications.

Innovation and Expansion Initiatives:

• Focus on quality control and batch-to-batch consistency

• Collaborations with academic institutions for material science breakthroughs

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5️⃣ 6. Rongcheng Qingmu High-Tech Materials Co., Ltd.

Headquarters: Weihai, Shandong, China
Key Offering: LiFSI, LiODFB, and other Novel Lithium Salts

Rongcheng Qingmu is a specialized manufacturer of fine chemicals for the new energy sector. The company has gained recognition for its technical capabilities in producing alternative lithium salts like LiFSI, which are critical for improving battery performance under extreme conditions.

Innovation and Expansion Initiatives:

• Pioneering work on co-salt systems combining LiFSI with other salts

• Targeting niche applications requiring ultra-high stability and safety

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4️⃣ 7. Shanghai Chemspec Corporation

Headquarters: Shanghai, China
Key Offering: LiFSI (R&D and Commercial Grades)

Shanghai Chemspec is a supplier of high-purity chemicals, including advanced materials for the electronics and energy storage industries. The company serves as a key distributor and producer of LiFSI for research institutions and commercial battery developers.

Innovation and Expansion Initiatives:

• Providing custom synthesis and purification services

• Supporting early-stage R&D for next-generation battery technologies

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3️⃣ 8. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty Polymers, LiFSI, Fluorinated Materials

Solvay, a global leader in advanced materials and chemicals, has entered the LiFSI market, leveraging its deep expertise in fluorine chemistry. The company aims to supply high-performance LiFSI to the European and North American battery markets, supporting regional EV ambitions.

Innovation and Expansion Initiatives:

• Development of sustainable and scalable LiFSI production processes

• Integration of LiFSI into broader battery material solutions

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2️⃣ 9. Do-Fluoride New Materials Co., Ltd.

Headquarters: Jiaozuo, Henan, China
Key Offering: LiPF6, LiFSI, Electrolyte Salts

Do-Fluoride is a major Chinese producer of fluoride chemicals and a significant supplier of LiPF6. The company is actively expanding into LiFSI production to diversify its product portfolio and capture growth in the high-performance electrolyte segment.

Innovation and Expansion Initiatives:

• Leveraging existing fluorine chemical infrastructure for LiFSI production

• Large-scale capacity announcements to achieve economies of scale

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1️⃣ 10. TCI Chemicals (Tokyo Chemical Industry Co., Ltd.)

Headquarters: Tokyo, Japan
Key Offering: High-Purity LiFSI for Research and Development

TCI is a leading global supplier of laboratory chemicals and high-purity materials. While not a bulk producer, TCI plays a crucial role in the LiFSI ecosystem by supplying research-grade material to universities, national labs, and corporate R&D centers worldwide, facilitating early-stage innovation.

Innovation and Expansion Initiatives:

• Providing ultra-high-purity LiFSI for fundamental battery research

• Supporting the development of new electrolyte formulations and additives

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🔋 Outlook: The Future of LiFSI is High-Performance and Mainstream

The LiFSI market is at a pivotal inflection point. While currently used as an additive to enhance the performance of traditional LiPF6-based electrolytes, it is increasingly being viewed as a primary lithium salt for next-generation batteries. The push for faster charging, wider operating temperatures, and improved safety in EVs is accelerating its adoption.

📈 Key Trends Shaping the Market:

• Rapid cost reduction through improved manufacturing processes and economies of scale

• Growing adoption in premium electric vehicles requiring extended range and durability

• Increasing regulatory focus on battery safety, driving the need for more stable salts like LiFSI

• Strategic partnerships between LiFSI producers and gigafactories to secure supply chains

The companies listed above are not only supplying a critical chemical—they are enabling the next wave of electrification across transportation and grid storage.

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LiFSI Market – View in Detailed Research Report