Global Fluoroethylene Carbonate (FEC) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Lithium-Ion Batteries, Capacitors, and Others

By End Use;

Consumer Electronics and Electronic Vehicles.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn516349345 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fluoroethylene Carbonate (FEC) Market (USD Million), 2021 - 2031

In the year 2024, the Global Fluoroethylene Carbonate (FEC) Market was valued at USD 260.53 million. The size of this market is expected to increase to USD 391.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The global fluoroethylene carbonate (FEC) market is gaining significant traction due to its widespread use in various industries, particularly in the field of energy storage. FEC is a key electrolyte additive used in lithium-ion batteries, where it plays a crucial role in enhancing the performance and lifespan of batteries. Its ability to improve the stability of the electrolyte by forming a stable solid electrolyte interphase (SEI) on the anode surface makes it an essential component in high-performance batteries, especially those used in electric vehicles (EVs) and portable electronics. As the demand for efficient energy storage solutions grows, the market for FEC is expanding accordingly.

The growing shift toward renewable energy and the rapid development of electric vehicles are major drivers of the fluoroethylene carbonate market. FEC is used to enhance battery performance by improving capacity retention, cycling stability, and thermal stability, which are critical for EVs and energy storage systems. With global efforts to reduce carbon emissions and the increasing adoption of electric vehicles, the demand for lithium-ion batteries has surged. This, in turn, drives the need for additives like FEC that can ensure batteries meet the performance standards required for long-term use.

In addition to the automotive sector, FEC finds applications in various other industries such as consumer electronics, renewable energy, and industrial applications. As the need for efficient energy storage solutions grows in areas like grid energy storage and backup power systems, FEC is expected to see continued demand. The ongoing research into improving battery technologies and the increasing focus on sustainability will likely contribute to the steady growth of the FEC market. Furthermore, advancements in manufacturing processes and the development of cost-effective production techniques are anticipated to support the expansion of FEC's market presence globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Fluoroethylene Carbonate (FEC) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Electric Vehicle Adoption
        2. Increasing Demand for High-Performance Batteries
        3. Advancements in Energy Storage Systems
        4. Rising Focus on Sustainable Energy Solutions
      2. Restraints
        1. High Production Costs of FEC
        2. Regulatory Challenges in the Chemical Industry
        3. Limited Availability of Raw Materials
        4. Environmental Concerns Related to Fluorinated Compounds
      3. Opportunities
        1. Expansion of the Electric Vehicle Market
        2. Development of Advanced Battery Technologies
        3. Increasing Investments in Renewable Energy and Grid Storage
        4. Emerging Applications in Consumer Electronics and Industrial Sectors
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fluoroethylene Carbonate (FEC) Market, By Application, 2021 - 2031 (USD Million)
      1. Lithium-Ion Batteries
      2. Capacitors
      3. Others
    2. Global Fluoroethylene Carbonate (FEC) Market, By End Use, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Electronic Vehicles
    3. Global Fluoroethylene Carbonate (FEC) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Foosung
      2. FKoreaOL Material
      3. Zhanggiagang Hankang Chemical
      4. HSC Corporation
      5. Rongcheng Qing Mu High-Tech Materials
      6. FuJianChuangXin Science and Develops
      7. Anhui Filltime Special Solvent
      8. Changshu Changel Chemical
      9. Hangzhou Silong Material Technology
      10. Shifeng Technology
  7. Analyst Views
  8. Future Outlook of the Market