The new energy automobile industry is developing rapidly and electronic grade vinylene carbonate has broad prospects for growth.

The molecular formula of vinylene carbonate is C₃H₂O₃. It is a colorless and transparent liquid and is a synthetic drug and plant protection agent. , resin paints and important intermediates for various other chemicals. Electronic grade vinylene carbonate refers to vinylene carbonate with higher purity and better quality, which is mainly used as an additive for lithium battery electrolyte.

Electronic grade vinylene carbonate is a new type of electrolyte additive. With the rapid development of the lithium battery industry in recent years, it has gradually developed into a mainstream additive. However, its production is dangerous and polluting. With the increasingly strict national environmental protection policies and strict standards for hazardous chemical projects, electronic grade vinylene carbonate has very high production qualification requirements and high industry entry barriers.

​ ​ ​ Electronic grade vinylene carbonate is a niche chemical with a short development time and a relatively concentrated range of applications. At present, there are only a small number of domestic manufacturing companies, such as Huasheng Lithium Battery, Xinzhoubang and a few well-known companies. As the market demand for electronic grade vinylene carbonate grows and the production process becomes increasingly mature, some research companies and pilot companies will enter the production stage, and the number of companies may increase in the next few years.

According to the released “2023-2028 China Electronic Grade Vinyl Carbonate Industry Market Monitoring and Future Development Prospects Research Report” , since 2020, the rapid development of terminal application industries such as new energy vehicles, photovoltaics, and energy storage has promoted the rapid growth of the market demand for electronic grade vinylene carbonate. The demand has increased to 14.2 thousand tons in 2022. In addition, due to factors such as dual energy consumption control and stricter environmental protection policies, the industry is in a state of imbalance between supply and demand, driving product prices to rise. In 2021, product prices will reach a maximum of more than 450,000 yuan/ton. At this stage, China has developed into the world’s largest producer and consumer of lithium battery electrolyte. In 2022, China’s lithium battery electrolyte shipments will be 891,000 tons. The rapid growth of electrolyte shipments has laid a good market foundation for the development of the domestic electronic grade vinylene carbonate industry.

Industry analysts said that electronic grade vinylene carbonate is mainly used in the field of lithium battery electrolyte and can be used as power and consumer products. , additives for energy storage lithium battery electrolytes. According to data released by the Ministry of Industry and Information Technology, the output of new energy vehicles in 2022 will be 7.058 million units, and the sales volume will be 6.887 million units. The new energy vehicle industry maintains a very good development trend, which will stimulate the continued growth of electrolyte demand. In addition, the state attaches great importance to the development of the lithium battery industry and has issued a series of relevant policies, regulations and industrial planning documents to guide, support and regulate the development of China’s lithium battery industry. The competitiveness of domestic electronic grade vinylene carbonate companies in the global market Continue to strengthen, and the industry has broad prospects for growth.