LiPF6 Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

LiPF6 Market Size
The global LiPF6 market is projected to grow from US$ 3134.1 million in 2023 to US$ 5467.9 million by 2029, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period.

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LiPF6 Market
Lithium hexafluorophosphate (LiPF6) as a kind of electronic level of fluoride, the production technology is high, the roduct margins are high. Battery electrolyte is produced from lithium hexafluorophosphate (LiPF6) is combined with an organic solvent and then mixed with additives. The LiPF6 is a fluorine compound containing lithium that plays the role of transporting lithium ions. It is mainly used in lithium ion battery manufacturing, and it is one of the important material of lithium ion battery electrolyte.
DuoFuDno is the largest manufacturer of LiPF6 in the world, accounting for nearly 30% market share. China is the largest production area of LiPF6 in the world, followed by Japan. In terms of product, ≥ 99.9% LiPF6 is the largest segment of LiPF6 in the world which has a share nearly 70%. And in the terms of application, electrical vehicles& transportation is the largest segment of application in the world, accounting for over 85% market share.
In terms of production side, this report researches the LiPF6 production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of LiPF6 by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.

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Segment by Type
• Purity: More than 99.9%
• Purity: More than 99.98%
Segment by Application
• Electrical Vehicles & Transportation
• Consumer Electronics
• Industrial Energy Storage

By Company
DuoFuDuo, Tinci Materials, Xintai Material, Morita New Energy, Jiangsu Jiujiujiu, Shandong Shida Shenghua, Hubei Hongyuan, Yongtai Technology, Stella Chemifa, Kanto Denka, Foosung, Jiangxi Shilei Fluorine Material, Ningbo Shanshan

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