LiTFSI is known as Lithium bis(trifluoromethanesulfonyl)imide, with the chemical formula LiC2F6NO4S2. LiTFSI is a hydrophilic salt, which is commonly used as Lithium-ion source in electrolytes for the Lithium-ion batteries. In addition, LiTFSI is used as lithium salt in the aqueous lithium-ion batteries, because it is highly soluble in water (i.e. > 21 m) and considered as a safer alternative to lithium hexafluorophosphate.

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LiTFSI is normally used as a p-dopant or co-dopant, which helps to improve the conductivity and mobility of the Spiro-OMeTAD (solid-state hole transporting material) for perovskite solar cells. In current scenario, the rechargeable Lithium-ion batteries are broadly developed in different commercial fields and considered as one of the best option for energy storage systems in the electric vehicles and electronics applications. This wide adoption of rechargeable lithium-ion batteries drives the growth of the global LiTFSI market.
 
LiTFSI market is categorized based on product type, such as LiTFSI powder and LiTFSI solution. Similarly, the LiTFSI market is categorized based on application, such as electrical vehicles, e-bikes, smartphones, laptops and power tools. LiTFSI is featured with high battery performance and high intrinsic safety, due to its chemical and thermal stability.

Moreover, LiTFSI helps in eliminating aluminum corrosion and used as separator coating. LiTFSI salt, which is widely used in the lithium batteries as an antistatic agents and electrolyte additive salt, is used to reduce or eliminate the buildup of static electricity on the material. Hence, the rising demand for antistatic agents in the lithium-ion batteries driving the growth of the LiTFSI market.
 
The companies operating in the LiTFSI market include a combination of various established players in the chemical industry. Major players in the LiTFSI market include Solvay SA, The 3M Company, Jiangsu Guotai Super Power New Materials Co., Ltd., PERIC Special Gases Co. Ltd., Monils Chemical (Shanghai) Co., Ltd., Ossila Ltd., Tokyo Chemical Industry Co., Ltd., XIAMEN TOB NEW ENERGY TECHNOLOGY Co., LTD., Time Chemical Co Ltd. and MTI Corporation.

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