Jersey City, NJ, April 12, 2024 (GLOBE NEWSWIRE) — The non-aqueous electrolyte is used to describe electrolyte solutions completely devoid of water. It uses organic solvents or molten salts as an alternate solvent to dissolve the electrolyte components, often ions or salts. The demand for non-aqueous electrolytes is expected to surge from end-use industries like energy storage, consumer electronics, and the automotive sector. The increase in vehicle production substantially impacts the expansion of the non-aqueous electrolyte market. At the same time, the increasing demand for lithium-ion batteries is a significant factor propelling the demand for organic and inorganic non-aqueous electrolytes.
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(GlobeNewsWire)