Global Lithium Iron Phosphate Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application
Lithium iron phosphate (LFP) is an inorganic compound with the formula LiFePO4. It is a gray, red-grey, brown or black solid that is insoluble in water.
The global production of Lithium Iron Phosphate (LiFePO4) Material increased from 20898 tons in 2014 to 81344 tons in 2018, at a CAGR of 40.46%. In 2018, the global Lithium Iron Phosphate (LiFePO4) Material market is led by China. Europe is the second-largest region-wise market. From the manufacturer's point of view，The top four producers Shenzhen Dynanonic, Hunan Shenghua Technology, strategically Anda Energy and BTR New Energy materialsaccounted for 50.53% of the world's total output in 2018.
Market Analysis and Insights: Global Lithium Iron Phosphate Market
The global Lithium Iron Phosphate market size is projected to reach US$ 1700.5 million by 2026, from US$ 1114.3 million in 2020, at a CAGR of 7.3% during 2021-2026.
Global Lithium Iron Phosphate Scope and Segment
The global Lithium Iron Phosphate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Lithium Iron Phosphate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
Segment by Type, the Lithium Iron Phosphate market is segmented into
Nano-LiFePO4
Micron-LiFePO4
The production of nano lithium iron phosphate is gradually greater than that of micron lithium iron phosphate. In 2018, Nano-LiFePO4 production is 42185 tons, accounted for 51.86% of global market share, and is expected to reach 65966 tons by the end of 2025, accounted for 56.43% of global market share.
Segment by Application, the Lithium Iron Phosphate market is segmented into
xEV Industry
Power Li-ion Battery Industry
Electrochemical Energy Storage
In 2018, 91.15% of Lithium Iron Phosphate (LiFePO4) Material is used in Power Battery Industry. In particular, xEV Industry and Power Li-ion Battery Industry are the two most important applications. In 2018, xEV Industry and Power Li-ion Battery Industry accounted for 83.51% and 7.64% of the downstream applications, respectively.
Lithium Iron Phosphate market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Lithium Iron Phosphate business, the date to enter into the Lithium Iron Phosphate market, Lithium Iron Phosphate product introduction, recent developments, etc.
The major vendors covered:
Johnson Matthey
Aleees
BASF
Formosa Lithium Iron Oxide
Sumitomo Osaka Cement
Guizhou Anda Energy
BTR New Energy Materials
Hunan Shenghua Technology
Pulead Technology Industry
Tianjin STL Energy Technology
Shenzhen Dynanonic
Yantai Zhuoneng
Chongqing Terui Battery Materials
Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Lithium Iron Phosphate markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Lithium Iron Phosphate market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.
The global production of Lithium Iron Phosphate (LiFePO4) Material increased from 20898 tons in 2014 to 81344 tons in 2018, at a CAGR of 40.46%. In 2018, the global Lithium Iron Phosphate (LiFePO4) Material market is led by China. Europe is the second-largest region-wise market. From the manufacturer's point of view，The top four producers Shenzhen Dynanonic, Hunan Shenghua Technology, strategically Anda Energy and BTR New Energy materialsaccounted for 50.53% of the world's total output in 2018.
Market Analysis and Insights: Global Lithium Iron Phosphate Market
The global Lithium Iron Phosphate market size is projected to reach US$ 1700.5 million by 2026, from US$ 1114.3 million in 2020, at a CAGR of 7.3% during 2021-2026.
Global Lithium Iron Phosphate Scope and Segment
The global Lithium Iron Phosphate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Lithium Iron Phosphate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
Segment by Type, the Lithium Iron Phosphate market is segmented into
Nano-LiFePO4
Micron-LiFePO4
The production of nano lithium iron phosphate is gradually greater than that of micron lithium iron phosphate. In 2018, Nano-LiFePO4 production is 42185 tons, accounted for 51.86% of global market share, and is expected to reach 65966 tons by the end of 2025, accounted for 56.43% of global market share.
Segment by Application, the Lithium Iron Phosphate market is segmented into
xEV Industry
Power Li-ion Battery Industry
Electrochemical Energy Storage
In 2018, 91.15% of Lithium Iron Phosphate (LiFePO4) Material is used in Power Battery Industry. In particular, xEV Industry and Power Li-ion Battery Industry are the two most important applications. In 2018, xEV Industry and Power Li-ion Battery Industry accounted for 83.51% and 7.64% of the downstream applications, respectively.
Lithium Iron Phosphate market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Lithium Iron Phosphate business, the date to enter into the Lithium Iron Phosphate market, Lithium Iron Phosphate product introduction, recent developments, etc.
The major vendors covered:
Johnson Matthey
Aleees
BASF
Formosa Lithium Iron Oxide
Sumitomo Osaka Cement
Guizhou Anda Energy
BTR New Energy Materials
Hunan Shenghua Technology
Pulead Technology Industry
Tianjin STL Energy Technology
Shenzhen Dynanonic
Yantai Zhuoneng
Chongqing Terui Battery Materials
Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Lithium Iron Phosphate markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Lithium Iron Phosphate market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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