openPR Logo
Press release

Sales of Lithium hexafluorophosphate (LiPF6) to Record Stellar Growth During the Forecast Period

Lithium Hexafluorophosphate Market

Lithium Hexafluorophosphate Market

Lithium hexafluorophosphate (LiPF6) is a non-flammable inorganic compound in the form of white crystalline powder, used in the preparation of lithium ion batteries. It is one of four critical component present in rechargeable lithium batteries. Lithium chloride, phosphorous pent chloride, and anhydrous hydrofluoric acid are the three most important raw materials used in the preparation of lithium hexafluorophosphate. X-ray mono chromate and prism spectrometer are the other areas where this moisture sensitive salt is in practice. Producers of lithium hexafluorophosphate are in Taiwan, Japan and South Korea region.  Presently lithium hexafluorophosphate is a dominating lithium salt used in commercial rechargeable lithium ion batteries. These rechargeable batteries are in huge demand for various applications like consumer electrical products, automotive, electric vehicles, power plant, household electricity and much more. As compared to other batteries lithium ion batteries offers better efficiency, long life cycle and high storage capacity; therefore, it is much in demand in high energy consuming applications such as storage grid or HEV and EV.  

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/13231

Global Lithium Hexafluorophosphate Market: Drivers & Restraints

The factors which drive the market for lithium hexafluorophosphate market is the rapid fall in the cost of lithium ion battery as global battery manufacturer expand its production facilities. This cost reduction is making lithium ion battery first preference in the automotive sector as these lithium-ion batteries became superior in power, performance and cost. The USA, Canada are leading in the usage rate of Lithium hexafluorosulphate market as end users of this region prefer four wheeler vehicle, and secondly, these countries have many automotive industries. Rising demand for electric devices and government attention towards pollution control is another factor which increases demand of lithium hexafluorophosphate in the near future. An increase in the demand of its parent product like lithium ion battery will directly raise the demand of lithium hexafluorophosphate as it is used in its manufacturing. Lithium hexafluorophosphate supply market is comparatively small then its competitors which becomes primary restraint factor for the lithium hexafluorophosphate market.  Slower take-up of electric vehicle market demand, new battery technologies developing, energy storage using alternatives of lithium fluorophosphates are some other restraints encountered that can affect hexafluorophosphate market. Global Lithium Hexafluorophosphate Market: Segmentation

The global lithium hexafluorophosphate market is segmented by its product types and product applications type.

Based on the product type the hexafluorophosphate market is segmented into:
Pitch Based
PAN Based
Rayon Based 

Based on the product applications type, hexafluorophosphate market is segmented into:
Automotive Industry
Sports Industry
Chemical Industry
Construction Industry
Defense Industry
Ceramic Industry
Aerospace Industry
Wind Energy 
Lithium Hexafluorophosphate Market: Regional Outlook

Based on the geographies, lithium hexafluorophosphate market is segmented into seven regions -- North America lithium hexafluorophosphate market, Latin America lithium hexafluorophosphate market, Eastern Europe lithium hexafluorophosphate market, Western Europe lithium hexafluorophosphate market, APEJ lithium hexafluorophosphate market, Japan lithium hexafluorophosphate market and the Middle East & Africa lithium hexafluorophosphate market. Due to a large number of automotive industries in the U.S and Canada, increases the demand of lithium hexafluorophosphate in the automotive sector made North America leading region in lithium hexafluorophosphate market. The second leading region is Western Europe in which countries such as Germany, France, Italy, and U.K practices hexafluorophosphates in their day to day life. Countries like China, India, and South Korea are becoming emerging market in automotive industry making Asia Pacific Excluding Japan developing region for lithium hexafluorophosphate market space, followed by Japan. The Middle East and Africa are anticipated to grow at a healthy growth rate.

Request Customization of this Report @ https://www.persistencemarketresearch.com/request-customization/13231

Lithium Hexafluorophosphate Market: Key Players

Few of the market players accounting on lithium hexafluorophosphate market includes Arkema,  Abtonsmart Chemicals (Group) Co., Ltd., Honeywell International,  Kum Yang Co., Ltd., Otsuka Chemical,  Weifang Yaxing Chemical Co.,Ltd., Ajanta Chemical Industries, JingJiang Hangsun Plastic Additives Co.,Ltd, Abtonsmart Chemicals(Group) Co., Ltd., Jiangxi Selon Industrial Stock,  FPC, Do-fluoride Chemicals, Tianjin Jinniu, Jiujiujiu, Kanto Denka Kogyo, Tinci, Foosung, Stella Chemifa, Chuo-glass, MORITA, Formosa Plastics, Central Glass are among others.

CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: press@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

ABOUT US:
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sales of Lithium hexafluorophosphate (LiPF6) to Record Stellar Growth During the Forecast Period here

News-ID: 1800830 • Views: 53

More Releases from persistencemarketresearch.com

Sales of Body & extremities aesthetic procedure Market Market to Record Stellar …
Body & extremities aesthetic procedure is a cosmetic procedures involving the lower body and extremities through surgical and medical techniques for lifting, augmentation, reduction, or improvement of a body part. Both surgical and non-surgical strategies are thought to be suitable treatment choices for individuals who need to inculcate an instant change in their appearance. Body & extremities aesthetic procedure involves removing localized collections of fatty tissue or excess skin or
Global Electricity Transmission Towers Market Market to Witness Increased Revenu …
Global Electricity Transmission Towers Market: Introduction Electricity transmission towers are units that support power carrying conductors, i.e. overhead power lines between the generating end station and the local end substation. Electricity transmission towers play a vital role in delivering power through overhead lines by structurally supporting heavy high-voltage conductors. To transmit maximum power (110 kV or above) through overhead lines, typically towers have a height varying between 15 meters and 55
Companies in the Global Suspension Arm Market Market Resorting to Product Innova …
Global Suspension Arm Market: Overview The suspension system functions to reduce and prevent the road shocks and thereby deliver smooth drive experience. Suspension arm also called as wishbone suspension or track control arm are attached to the chassis of the vehicle and the wheels via the ball joint. The suspension arm is important in steering and change of direction while driving as they absorb the forces of road acting on the
Global Automatic Transmission Fluid (ATF) Market to Offer Increased Growth Prosp …
 Automatic Transmission Fluid (ATF) is a type of slippery liquid which act as a lubricant for easy movement of all moving parts inside a transmission system. Automatic transmission system is a more evolved and technically upgraded transmission system in comparison to manual transmission system as automatic transmission minuses human intervention of shifting gear with correspondence to speed. Automatic transmission system is a more complex system than manual transmission system and

All 5 Releases


More Releases for Lithium

Lithium Fluoride Market players Jiangxu Ganfeng Lithium, Harshil Fluoride Brivo …
The developing in the glass, optics and electronic and electrical industries has initiated a high demand for Lithium and related compounds. Lithium and lithium based compounds are one the key substances that have dynamic usage, either as a feedstock or as product. One of the most commercially important compound is Lithium fluoride. Lithium fluoride is an odorless, crystalline lithium salt manufactured by the reaction of lithium hydroxide with hydrogen fluoride.
Lithium Market Report 2018: Segmentation by Type (Anhydrous Lithium Hydroxide, L …
Global Lithium market research report provides company profile for FMC, Orocobre Limited, Albemarle, SQM and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the basis of product
Lithium Polymer Battery Market
Lithium polymer (LiPo) battery or more accurately known as lithium ion polymer battery is a rechargeable battery found in a pouch format. LiPo battery uses polymer electrolyte instead of commonly used liquid electrolyte. This battery primarily works on the principle of de-intercalation and intercalation of lithium ions from positive electrode materials to negative electrode materials. For the purpose of providing detailed analysis, global lithium polymer battery market can be segmented
Global Lithium Metal Market 2018- FMC Lithium, Rockwood Lithium GmbH, NCCP, Ganf …
The Global Lithium Metal Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Lithium Metal industry. Firstly, Lithium Metal Market report provides a basic overview of the Lithium Metal industry including definitions, classifications, applications and Lithium Metal industry chain structure. Global Lithium Metal Market analysis is provided for the international market including development history, Lithium Metal industry competitive landscape analysis, and major regions
Lithium Niobate Market : just published
Lithium Niobate Market Asia-Pacific Lithium Niobate market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/asia-pacific-lithium-niobate-market-report-2017-1642197 Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Lithium Niobate for these regions, from
Lithium Fluoride Market Size 2017 Jiangxi Ganfeng Lithium, Zigong Tongfarong Ind …
Lithium Fluoride Market Research 2017 A market study ” Global Lithium Fluoride Market ” examines the performance of the Lithium Fluoride market 2017. It encloses an in-depth Research of the Lithium Fluoride market state and the competitive landscape globally. This report analyzes the potential of Lithium Fluoride market in the present and the future prospects from various angles in detail. The Global Lithium Fluoride Market 2017 report includes Lithium Fluoride market Revenue,