Li-phosphate offers good electrochemical performance with low resistance. This is made possible with nano-scale phosphate cathode material. The key benefits are high current rating and long cycle life, besides good thermal stability, enhanced safety and tolerance if abused.
Li-phosphate is more tolerant to full charge conditions and is less stressed than other lithium-ion systems if kept at high voltage for a prolonged time. As a trade-off, its lower nominal voltage of 3.2V/cell reduces the specific energy below that of cobalt-blended lithium-ion. With most batteries, cold temperature reduces performance and elevated storage temperature shortens the service life, and Li-phosphate is no exception. Li-phosphate has a higher self-discharge than other Li-ion batteries, which can cause balancing issues with aging. This can be mitigated by buying high quality cells and/or using sophisticated control electronics, both of which increase the cost of the pack. Cleanliness in manufacturing is of importance for longevity.
The development of power battery and energy storage battery markets have affected the demand positively. But due to the original limitation of LFP’s energy density, the usage of LFP will probably see the ceiling around 2018-2019 and transfer to a downturn trend. The global LFP capacity is concentrated in Mainland China and Taiwan.
The energy density roadmap of LFP in 2017-mechanical weight loss+ lightweight + LMFP material.
Mechanical weight loss: Lighting technology of auxiliary materials ( shell, foil), combined with optimized design of cell space, can improve 5% energy density while insuring the mechanical strength.
The TOP10 LFP material manufactures in China accounts for nearly 85% of the market share, yet it doesn’t stop other enterprises stepping into the market. According to incomplete statistics, along with the operation of LFP capacities under construction, the total LFP capacity will reach 250 kilotons in 2018, which will be highly above the demand of around 90 kilotons. LFP batteries will be mainly used in electric buses and gradually turn to energy storage use in the future.
The price of LFP cathode material appears a downturn trend, on the other hand, few of these manufacturers can meet the power battery clients’ demand for higher performance lithium iron materials. Currently the energy density of domestic LFP battery system is about 85~100Wh/kg, which is relatively low. Capacity per gram and compact density of most domestic LFP materials are below 135wh/kg and 2.3g/cm3 respectively.
The global LFP Cathode Material market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the LFP Cathode Material market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of LFP Cathode Material in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Guizhou Anda Energy Technology
BTR New Energy Materials
Hunan Shenghua Technology
Pulead Technology Industry
Tianjin STL Energy Technology
Yantai Zhuoneng Battery Materials
Chongqing Terui Battery Materials
By the product type, the market is primarily split into
Nano-LFP Cathode Material
Common-LFP Cathode Material
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global LFP Cathode Material market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of LFP Cathode Material market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global LFP Cathode Material manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LFP Cathode Material with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of LFP Cathode Material submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of LFP Cathode Material are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LFP Cathode Material market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of LFP Cathode Material market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.