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

LiPF6 - Market Size
The global market for LiPF6 was estimated to be worth US$ 2935.1 million in 2023 and is forecast to a readjusted size of US$ 5467.9 million by 2030 with a CAGR of 9.7% during the forecast period 2024-2030

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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.

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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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