GLOBAL LITHIUM IRON PHOSPHATE (LFP) CATHODE MARKET

INTRODUCTION

 The lithium iron phosphate battery, also known as the LFP (lithium ferro-phosphate) battery or Li-IP battery, is a form of lithium-ion battery that uses a graphitic carbon electrode with a metallic support as the anode and lithium iron phosphate as the cathode material.

LFP batteries are playing a variety of roles in vehicle use, utility-scale stationary applications, and backup power because of its cheaper cost, high safety, low toxicity, long cycle life, and other aspects. Cobalt is absent from LFP batteries.

GLOBAL LITHIUM IRON PHOSPHATE(LFP) CATHODE MARKET SIZE AND FORECAST

The Global Lithium iron phosphate (LFP) cathode market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

NEW PRODUCT LAUNCH

The most popular battery technology for e-Mobility is lithium-ion. For EV applications, Li-Ion LFP (Lithium Iron Phosphate - LiFePO4) chemistry with a long cycle life is a safer option.

Imported Li-Ion cells are used to create battery packs. BEL and NSTL (DRDO) have entered the field of Li-Ion cell manufacture for defence and e-Mobility applications in an effort to become self-sufficient in Li-Ion cell production.

For the development and production of Li-Ion prismatic cells, BEL has set up a pilot facility. BEL has created and produced three different types of Li-Ion prismatic cells, namely 3.2V, 10 Ah, and 25 Ah, using raw materials such anode, cathode, electrolyte, solvents, and binder.

These cells are intended for use in remote power systems, e-mobility, underwater applications, and more.

COMPANY PROFILE

•  BYD Company (China), A123 System 
•  Contemporary Amperex Technology Co. Ltd (CATL)  
• Bharat Power Solutions 
• Power-Sonic Corporation 
• RELion Batteries 
•  Electric Vehicle Power System Technology Co. Ltd.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGlobal Lithium iron phosphate (LFP) cathode marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aGlobal Lithium iron phosphate (LFP) cathode marketin the US, Europe and China?
3. How manyGlobal Lithium iron phosphate (LFP) cathode marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGlobal Lithium iron phosphate (LFP) cathode marketand key vendor selection criteria
6. Where is theGlobal Lithium iron phosphate (LFP) cathode market manufactured? What is the average margin per equipment?
7. Market share ofGlobal Lithium iron phosphate (LFP) cathode marketmanufacturers and their upcoming products
8. The most important plannedGlobal Lithium iron phosphate (LFP) cathode marketin next 2 years
9. Details on network of majorGlobal Lithium iron phosphate (LFP) cathode marketand pricing plans
10. Cost advantage for OEMs who manufactureGlobal Lithium iron phosphate (LFP) cathode marketin-house
11. 5 key predictions for next 5 years inGlobal Lithium iron phosphate (LFP) cathode market
12. Average B-2-BGlobal Lithium iron phosphate (LFP) cathode marketprice in all segments
13. Latest trends inGlobal Lithium iron phosphate (LFP) cathode market, by every market segment
14. The market size (both volume and value) ofGlobal Lithium iron phosphate (LFP) cathode marketin 2022-2030 and every year in between?
15. Global production breakup ofGlobal Lithium iron phosphate (LFP) cathode market, by suppliers and their OEM relationship