Lithium-polymer batteries use a substance called polymer. It employs polymer as the electrolyte rather than liquid. Although the chemical is frequently found in plastic, its uses are not restricted to plastic.
Its structure has repetitive molecular subunits and is generally adaptable to any usage. Polymer works well as an electrolyte to connect the positive and negative polarities of electrodes when combined with lithium.
The weight of a lithium polymer battery is an advantage. This one is utilised in numerous devices due to its size and relative lightness. Lithium polymer batteries are being used by automakers in an effort to lighten and reduce the weight of the vehicle.
Consequently, the battery will undoubtedly be larger than the one used in a portable device. So one of the chemicals utilised in the batteries of electric vehicles is polymer.
The Italy EV Chemicals market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
ICL, a prominent international speciality minerals company, announced that its YPH joint venture factory can now provide a full range of mono ammonium phosphate (MAP) solutions.
Due to its complete control over the phosphate value chain, from the mine to the finished product, YPH is able to address the specific needs of its clients while still being flexible and cost-effective.
The production of lithium iron phosphate (LFP) batteries for electric vehicles and other energy storage is one of the speciality MAP products for which ICL is dedicated to adding capacity in order to fulfil the fast rising customer demand.
ICL sees a significant source of potential growth for its speciality chemicals based on phosphate and bromine in the EV and energy storage markets, both in the short and long terms. In order to increase the use of LFP and other specialised technology in Europe and the US, the company is presently looking into joint ventures with customers.
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