Driving the lithium-battery PVDF track into the market explosion period, the demands in the NMP market surged!

Welcome to continue to pay attention to ZESHENG-chemistry. ZESHENG wants to be a global professional NMP (N-Methyl-2-pyrrolidone) production supplier, and equips major enterprises with professional NMP (N-Methyl-2-pyrrolidone) waste liquid recovery system, as well as an intelligent and contentful enterprise. Next, I will continue to bring you this week’s new energy industry information.

[When the lithium-battery PVDF track enters the market explosion period]

Now if you ask which industry has a good stock market, there must be new energy sources. The state-supported new energy vehicles and lithium power storage markets are currently in an explosive growth stage, which not only drives a significant increase in lithium battery shipments, but also boosts the market demand for cathode material PVDF binders and NMP solvent. At the same time,it also drives the price of PVDF binders and the price of NMP solvents. For a while, NMP(N-Methyl-2-pyrrolidone), the main product of smart and abundance, was in short supply in the middle and high-end markets.

Where has the current market price of lithium-electric PVDF and NMP (N-Methyl-2-pyrrolidone) solvent risen to? Mr. Xia, CEO of ZESHENG, said that the market price of lithium-battery PVDF binders has climbed from 110,000 RMB/T at the beginning of 2021 to about 445,000 RMB/T in March this year, a year-on-year increase of 304%. At the same time, the editor also learned through overseas social media platforms that the quotation of individual enterprises in Tianjin for the solvent of raw material NMP (N-Methyl-2-pyrrolidone) has also been close to 8,000 USD/T, which is converted to 50,000 RMB/T. Compared with the raw material R142b, whose market price has exceeded 180,000RMB/T,the price of NMP solvents is really small.

In the future, all kinds of raw materials in the new energy market will continue to maintain the trend of rising prices. Friends who are still waiting to cooperate with ZESHENG New Materials. The situation is stronger than people. If they start slowly, there may be no NMP solvents in stock.

[Surge in demand for lithium battery NMP market]

In the field of lithium power,lithium battery have been gradually developed and applied, and have been recognised globally.Up to now, they are enough to support half of the country of new energy. Based on GGII data, the penetration rate of global new energy vehicles will reach more than 25% in two or three years, and global energy storage battery shipments are expected to reach 416GWh in 2025. If the demand for light vehicles, low-speed vehicles, heavy trucks, ships and other scenarios are superimposed, the total global demand for lithium batteries in 2025 is expected to exceed 2TWh.

The market demand for PVDF for lithium batteries will exceed 100,000 tons, and the demand for NMP solvents for PVDF binders will also surge. ZESHENG takes advantage of this east wind to focus on the subdivision raw materials of lithium batteries, NMP (N-Methyl-2-pyrrolidone) solvents and NMP (N-Methyl-2-pyrrolidone) waste liquid recovery system.

[Use of NMP solvents in lithium batteries]

NMP (N-Methyl-2-pyrrolidone) solvents are also particularly important in the production of lithium batteries. Before researchers have developed new alternatives, NMP (N-Methyl-2-pyrrolidone) solvents had a role in lithium batteries. It is irreplaceable.

NMP (N-Methyl-2-pyrrolidone) solvent, as a solvent prepared by electrodes, plays an indispensable role in the batching stage, coating stage and coating baking stage of lithium batteries. At present, the surge in demand for lithium batteries in the market has directly led to the shortage of NMP solvents. At present, major factories are in the stage of insufficient production capacity, and actions such as site selection and factory construction and expansion of production are imminent.

Friends who want to ship faster to seize the market are welcome to contact the service team of ZESHENG directly. We will speed up the dispatch of NMP (N-Methyl-2-pyrrolidone) solvents in stock to solve your urgent needs. ZESHENG‘s professional NMP solvent production and supply team will serve you wholeheartedly.