Global Lithium Hexafluorophosphate Market Report 2023-2029
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.
Compared with other electrolytes (LiClO4, LiBF4, LiAsF6, LiCF3SO3), lithium hexafluorophosphate has the most advantages in conductivity, safety and environmental protection in organic solvents, so it has become the most widely used lithium salt electrolyte.
According to the new market research report “Global Lithium Hexafluorophosphate Market Report 2023-2029”, published by QYResearch, the global Lithium Hexafluorophosphate market size is projected to reach USD 3.64 billion by 2029, at a CAGR of 15.8% during the forecast period.
Figure. Global Lithium Hexafluorophosphate Market Size (US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Lithium Hexafluorophosphate Market Report 2023-2029.
Figure. Global Lithium Hexafluorophosphate Top 12 Players Ranking and Market Share（Based on data of 2021, Continually updated）
Based on or includes research from QYResearch: 2021 data information of Global Lithium Hexafluorophosphate Market Report 2023-2029.
The global key manufacturers of Lithium Hexafluorophosphate include DuoFuDuo, Tinci Materials Technology, Morita New Energy Materials, Hubei Hongyuan, Xintai Material Technology, Jiangsu Jiujiujiu Technology, Foosung, Stella Chemifa, Kanto Denka, Yongtai Technology, etc. In 2020, the global top five players had a share approximately 61.0% in terms of revenue.
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