Global LPS Solid Electrolyte Market 2024-2030
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Global LPS Solid Electrolyte Market 2024-2030

Last Updated:  Apr 26, 2025 | Study Period: 2024-2030

LPS SOLID ELECTROLYTE MARKET

 

INTRODUCTION

A sort of solid-state electrolyte being investigated at the moment for use in lithium-ion batteries of the future is called LPS (Li10GeP2S12). It is composed of atoms of lithium, germanium, phosphorus, and sulphur, which are positioned in a certain crystal structure to facilitate the effective flow of lithium ions.

 

This solid electrolyte is a glass ceramic that forms in a stable phase Li7P3S11 at temperatures higher than 630 °K [30]. Li7P3S11 glass ceramics are created by combining elements in the proportions of 70% Li2S and 30% P2S5.

 

A planetary ball mill was used for mechanical milling for 40 hours at a speed of 500 rpm. The final product is hygroscopic, hence the entire process was carried out in a glove box with H2O below 1 ppm. The material was next heated for two hours at 300°C before being allowed to cool to ambient temperature. The material is heated, then put into a 10 mm tungsten-carbide die and crushed with a 10 MPa pressure. 

 

LPS and other solid-state electrolytes have the potential to outperform conventional liquid electrolytes in a number of areas, including safety and stability, energy density, and battery life. Due to its high ionic conductivity at room temperature, which is essential for facilitating effective ion movement within the battery, LPS is particularly alluring.

 

In order to develop better-performing and more economical batteries for a variety of uses, from portable devices to electric cars, researchers are actively looking into how to optimise the characteristics of LPS and other solid-state electrolytes.

 

Due to its low cost, strong Li-ion conductivity, and broad electrochemical window when compared to Li/Li+, the binary (100-x) Li2S-xP2S5 system, a notable member of solid sulfide-electrolytes, is a particularly appealing electrolyte option for solid-state batteries.

 

Since Li3PS4 exhibits good compatibility with lithium metal, Li7P3S11 exhibits high electrical conductivity of more than 103 S cm1, and Li4P2S6 is really quite stable in maintaining its structure crystals up to temperatures of 280°C in air and up to 950°C in vacuum, these three compositions have been the subject of extensive study.

 

Li3PS4 has a 75% Li2S-25% P2S5 stoichiometry. The Li3PS4 has a structure similar to that of -Li3PO4 with hexagonal closed packed sulphide ion ensembles, the phosphorus ions are dispersed throughout the tetrahedral sites, and the PS4 tetrahedra are spaced apart from one another.

 

LPS SOLID ELECTROLYTE MARKETSIZE AND FORECAST

 

infographic: LPS Solid Electrolyte Market, LPS Solid Electrolyte Market Size, LPS Solid Electrolyte Market Trends, LPS Solid Electrolyte Market Forecast, LPS Solid Electrolyte Market Risks, LPS Solid Electrolyte Market Report, LPS Solid Electrolyte Market Share

 

TheGlobal LPS solid electrolyte marketaccounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

LPS SOLID ELECTROLYTE MARKETNEW PRODUCT LAUNCH

NEI has successfully manufactured the following sulfur-based solid electrolytes in bulk: LPS - Li9.6P3S12, LPSCl - Li9.54Si1.74P1.44S11.7Cl0.3, LGPS - Li10GeP2S12, -LPS - Li3PS4, LPSCl - Li6PS5Cl, and LSPSCl - Li9.54Si1.74P1.44S11.7Cl0.3

 

Hero Electric, a manufacturer of electric two-wheelers, has partnered with Battrixx, a company that makes innovative battery packs, to create lithium-ion batteries for its e-scooters. These are the most modern batteries available, and they were conceptualised and created in-house by the Hero R&D team.

 

They power the whole line of e-scooters. According to the firm, this relationship promotes improvements in battery safety, dependability, and performance as well as Hero's rapid manufacturing schedule to satisfy the growing e2W demand.

 

Rugpro is the first series of LMFP (Lithium Magnesium Iron Phosphate) batteries to be created in India, according to Ipower Batteries. According to the business, the country's EV sector is the only reason for developing such high-quality batteries.

 

According to information provided by the company, the revolutionary battery series has achieved Phase 2 approval for AIS 156 (Amendment III) from the Indian Government as part of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) programme.

 

LPS SOLID ELECTROLYTE MARKETCOMPANY PROFILE

  • The University of Michigan are a few of the institutions that have contributed to the creation of LPS solid electrolyte.
  • Toyota Research Institute
  • Oak Ridge National Laboratory
  • NEI

 

LPS SOLID ELECTROLYTE MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many LPS solid electrolytes are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global LPS solid electrolyte and key vendor selection criteria
  3. Where are the LPS solid electrolytes manufactured? What is the average margin per unit?
  4. Market share of Global LPS solid electrolyte market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global LPS solid electrolyte in-house
  6. key predictions for next 5 years in Global LPS solid electrolyte market
  7. Average B-2-B LPS solid electrolyte market price in all segments
  8. Latest trends in LPS solid electrolyte market, by every market segment
  9. The market size (both volume and value) of the LPS solid electrolyte market in 2024-2030 and every year in between?
  10. Production breakup of LPS solid electrolyte market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix