Lithium Iron Phosphate (LFP) Cathode Material Market, Global Outlook and Forecast 2024-2031

Report ID: 1785541 | Published Date: Jan 2025 | No. of Page: 111 | Base Year: 2024 | Rating: 4.3 | Webstory: Check our Web story

Lithium Iron phosphate (LFP) is a popular, cost-effective cathode material for lithium-ion cells that is known to deliver excellent safety and long life span, which makes it particularly well-suited for specialty battery applications requiring high load currents and endurance.
This report contains market size and forecasts of Lithium Iron Phosphate (LFP) Cathode Material in global, including the following market information:
Global Lithium Iron Phosphate (LFP) Cathode Material Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lithium Iron Phosphate (LFP) Cathode Material Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Lithium Iron Phosphate (LFP) Cathode Material companies in 2021 (%)
The global Lithium Iron Phosphate (LFP) Cathode Material market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Nano-LiFePO4 Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lithium Iron Phosphate (LFP) Cathode Material include Johnson Matthey, Aleees, BASF, Sumitomo Osaka Cement, Targray, LB Group, CNNC Huayuan Titanium Dioxide, Yunnan Yuntianhua and Wanhua Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lithium Iron Phosphate (LFP) Cathode Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lithium Iron Phosphate (LFP) Cathode Material Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Lithium Iron Phosphate (LFP) Cathode Material Market Segment Percentages, by Type, 2021 (%)
Nano-LiFePO4
Micron-LiFePO4
Global Lithium Iron Phosphate (LFP) Cathode Material Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Lithium Iron Phosphate (LFP) Cathode Material Market Segment Percentages, by Application, 2021 (%)
Storage Systems
Power Tools
Electric Vehicles
Others
Global Lithium Iron Phosphate (LFP) Cathode Material Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Lithium Iron Phosphate (LFP) Cathode Material Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lithium Iron Phosphate (LFP) Cathode Material revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lithium Iron Phosphate (LFP) Cathode Material revenues share in global market, 2021 (%)
Key companies Lithium Iron Phosphate (LFP) Cathode Material sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Lithium Iron Phosphate (LFP) Cathode Material sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Johnson Matthey
Aleees
BASF
Sumitomo Osaka Cement
Targray
LB Group
CNNC Huayuan Titanium Dioxide
Yunnan Yuntianhua
Wanhua Chemical
Guizhou Anda Energy
BTR New Energy Materials
Hunan Shenghua Technology
Pulead Technology Industry
STL Energy Technology
Shenzhen Dynanonic
Chongqing Terui Battery Materials

Frequently Asked Questions
Lithium Iron Phosphate Cathode Material Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Lithium Iron Phosphate Cathode Material Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Lithium Iron Phosphate Cathode Material Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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