Top 10 energy storage materials manufacturers in the world

Top 10 energy storage materials manufacturers in the world

Table of Contents

Energy storage materials are functional materials that use physical or chemical changes of substances to store energy. The energy stored by them can be electrical energy, mechanical energy, chemical energy and thermal energy, or other forms of energy.

The ideal energy storage materials should not only have high energy storage density and good stability, but also have high requirements on safety and cost. This article will introduce the top 10 energy storage materials manufacturers in the world in no particular order.

Top 10 energy storage materials manufacturers in the world

LG

LGES

Established time: 1947
Location: Korea

Company file:

LG is one of the earliest participants in the lithium-ion battery industry. The company began to develop lithium-ion batteries in 1992 and mass produced them in 1999. LG is currently a global company of electric vehicle battery business, and a lithium ion battery supplier with global production and R&D bases in Europe, the United States and Asia.

Main products:

Being one of the top 10 energy storage materials manufacturers in the world, LG mainly produces lithium ion batteries and household batteries, including RESU FLEX, RESU Prime, RESU Gen2 Modular, RESU Gen2 48V, etc.

Company website: www.lgessbattery.com

Total market value: 370 billion RMB

SK Innovation

SK Innovation

Established time: January 1, 1962
Location: Korea

Company file:

SK Innovation is a global energy chemical company with six subsidiaries, whose business fields cover oil refining, chemistry, lubricating oil, oil development, batteries, information electronic materials, etc.

SK Innovation has become the first company in the electric vehicle industry to manufacture lithium ion batteries using ternary materials with high energy density. Driven by technology, SK Innovation has signed contracts with well-known automobile manufacturers such as Hyundai and BAIC to continuously expand battery business.

Main business:

Oil refining, chemistry, lubricating oil, petroleum development, batteries, information electronic materials and other fields.

Company website: http://eng.sk-on.com/

UBE

UBE

Established time: 2000
Location: Tokyo, Japan

Company file:

UBE Group, whose birthplace is Ube, Japan, has been established for 120 years. Headquartered in Tokyo, Japan, it produces and sells chemicals, resins, fine chemicals, pharmaceuticals, building materials, etc.

Main products:

Synthetic Rubber, engineering plastics, caprolactam, Industrial chemicals , liquified gas, polyethylene, ammonium sulfate, polyimide , battery materials, telecommunication parts, separation membrane, pharmaceutical. etc.

Company website: https://www.ubemachinery.co.jp/

Umicore

Umicore

Established time: 1837
Location: Belgium

Company file:

Being one of the top 10 energy storage materials manufacturers in the world, Umicore is a global materials technology group. The company has three business groups: catalysis, energy and surface treatment technology and recycling. At present, the company operates on all continents around the world, and its customer base is all over the world.

Umicore entered China in 1982 and set up its first sales office in Hong Kong. As of today, Umicore has 8 factories, 7 trading companies and 1 regional headquarters (located in Shanghai) in China.

Main products:

Metal, rechargeable battery materials, high conductivity materials, film coatings, industrial catalysts, nickel chemicals, etc.

Company website: https://www.umicore.com/en/

Total market value: 81 billion 566 million RMB

Shanshan

Shanshan is one of the top 10 silicon-carbon anode material manufacturers in China

Established time: December 14, 1992
Location:
Zhejiang, China

Company file:

Shanshan has transformed from the first listed garment company in China to a leading company in the new energy industry. Its existing business covers new energy businesses such as lithium-ion battery materials, battery system integration , energy management services, charge pile construction and new energy vehicle operation.

Among them, new energy business has become the main source of performance and future development focus of the company. After years of development, Shanshan has become the world’s largest comprehensive supplier of lithium-ion battery materials.

Main products:

Being one of the top 10 energy storage materials manufacturers in the world, the company’s main products include lithium battery materials and photoelectric materials. Wherein the lithium battery material includes a positive electrode material, a negative electrode material and an electrolyte.

Recent news:

Recently, Shanshan released an announcement that it agreed that Yongfei Investment, a wholly-owned subsidiary, would transfer 51% of its shareholding in Shanshan Advanced Materials (Quezhou) to Sunyes or its designated holding subsidiary at a transaction price of 703.8 million RMB.

This equity sale is conducive to Shanshan’s concentration of resources to focus on the development of the two core businesses of lithium battery cathode materials and polarizers, and further optimize the allocation of resources to strengthen core competitiveness.

Company website: http://www.ssgf.net

Total market value: 54.73 billion RMB

GEM

GEM

Established time: December 28, 2001
Location: Guangdong, China

Company file:

GEM is one of the top 10 energy storage materials manufacturers in the world, it is the head company of the world cemented carbide material industry chain and new energy material industry chain, and also a world leading new energy material and urban mining company.

The company has established the new energy full life cycle value chain, cobalt tungsten rare metal resource recycling value chain, electronic waste and waste plastic recycling value chain and other resource recycling models and new energy recycling models.

At present, the company has built 16 waste recycling and new energy material parks in 11 provinces and municipalities directly under the Central Government of China, and successfully laid out in South Africa, South Korea and Indonesia.

Main products:

Medium and low nickel products, cobalt free products, quaternary products, sodium electrical products, lithium rich manganese based products, etc.

Recent news:

Recently, GEM said on the platform that the company has opened the whole life cycle value chain from the recycling system of waste power batteries. At present, it has built a capacity of 5000 tons of lithium carbonate, and plans to recycle more than 20000 tons of lithium carbonate annually by 2026.

Company website: http://www.gem.com.cn

Total market value: 39.647 billion RMB

XTC

XTC

Established time: December 30, 1997
Location: Fujian, China

Company file:

XTC is a high-tech company group in China. The company is involved in five fields including tungsten, molybdenum, rare earth, new energy materials and real estate, and is one of the leading companies of China’s large rare earth company groups.

The company has built a full industrial chain of tungsten mining, tungsten molybdenum smelting and processing applications, and has established a complete system including rare earth mining, refining, application and research and development. It has the ability to research, develop and large-scale manufacture mainstream lithium ion cathode materials, and has become a supplier of lithium ion battery cathode materials.

Main products:

Tungsten concentrate, APT, tungsten oxide, tungsten powder, cobalt powder, tungsten carbide powder, composite carbide, etc.

Recent news:

Recently, a foundation laying ceremony was held in China Tongling Economic and Technological Development Zone for the 60000 t/a lithium battery cathode material precursor project jointly invested and constructed by China Nonferrous Metal Mining and XTC.

Company website: http://www.cxtc.com

Total market value: 29.972 billion RMB

Tinci

TINCI

Established time: June 6, 2000
Location: Guangdong, China

Company file:

As a supplier of international first-class brands, Tinci is an international first-class fine chemical company and a leading electrolyte company with great influence and leading demonstration role in the industry. The company is committed to the formulation mechanism research of electrolyte functional additives to solve key problems such as long cycle life, high and low temperatures.

At present, the company as one of the top 10 energy storage materials manufacturers in the world has made outstanding achievements in the development of independent new additives and formulas, and its products are widely used in new energy vehicles, digital products, distributed energy storage and other fields.

The main export countries include the United States, Canada, France, Germany, the United Kingdom, Norway, Sweden, South Korea, Japan, Singapore, etc

Main products:

The main products include lithium-ion battery materials, daily chemical materials and special chemicals. Among them, battery materials include lithium hexafluorophosphate, new electrolytes, additives, iron phosphate and other key raw materials.

Company website: http://www.tinci.com

Total market value: 91.073 billion RMB

Shinghwa Advanced Material

Shinghwa Advanced Material

Established time: December 31, 2002
Location: Shandong, China

Company file:

Shinghwa Advanced Material is one of the top 10 energy storage materials manufacturers in the world. It is the only company in the whole industry chain in the world that can simultaneously provide lithium ion battery electrolyte solvent, solute and additive products.

Since its establishment in 2002, Shinghwa Advanced Material has focused on the field of new energy and new materials around carbonate products, created a three-dimensional and complete industrial chain, extended the business of fine chemicals, and developed new lithium battery materials.

At present, the company’s market share in the global high-end carbonate solvent has exceeded 40%, its downstream customers cover the leading electrolyte manufacturers worldwide, and it has established long-term and stable strategic cooperation relationships with many suppliers of electrolyte customers.

Relying on the R&D and production bases in Beijing, Qingdao, Dongying, Quanzhou, Jining, Wuhan, Meishan and other places in China, as well as the sales networks established in East Asia and Europe, the company has achieved a global layout and provided one-stop solutions for lithium ion battery companies.

Main products:

Carbonate solvents, lithium salts, additives, silicon based negative electrodes and other lithium battery materials.

Recent news:

Recently, Shinghwa Advanced Material announced that it plans to establish Shinghwa New Materials in a joint venture with SHCCIG Yulin Heighchem Chemical, investing 6.5 billion RMB to build a 600000 t/a lithium battery electrolyte project.

In addition, Shinghwa Advanced Material has planned an electrolyte capacity of 500000 t/a, of which the 200000 t/a electrolyte project in Wuhan, China, is expected to be completed in October 2023.

Company website: http://www.sinodmc.com

Total market value: 20.554 billion RMB

SENIOR

SENIOR

Established time: September 17, 2003
Location: Shenzhen, China

Company file:

Being one of the top 10 energy storage materials manufacturers in the world, SENIOR is a leading company in the global lithium battery diaphragm industry. It has formed a global layout with the headquarters in Shenzhen, China as the center and four production bases in Shenzhen, Anhui, Jiangsu and Europe as the support.

The company’s products are mainly used in new energy vehicles, consumer electronics, energy storage power stations and other fields, and have been applied in the aerospace field.

Since 2013, the company’s products have been exported to LG and other global markets in batches. According to the company’s strategic plan, by 2026, the company’s production capacity will reach 10 billion square meters, ranking the leading position in the global industry.

Main products:

Lithium battery dry method, wet method, coating membrane, etc.

Recent news:

Recently, SENIOR said that its diaphragm products can be used in the energy storage market. With the rapid development of the energy storage market, the loading and output of lithium iron phosphate batteries have risen rapidly, and the market demand for dry process membranes has shown a significant upward trend.

Company website: http://www.senior798.com

Total market value: 29.061 billion RMB

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