Market Overview:
The global lithium difluorophosphate market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lithium ion batteries and chemical intermediates. Lithium difluorophosphate is used as a precursor in the production of lithium fluoride, which is an important component in the manufacture of lithium ion batteries. Additionally, rising demand for phosphoric acid in various end-use industries is also expected to drive the growth of the global lithum difluorophosphate market over the forecast period. However, volatility in prices of raw materials may restrain market growth over the forecast period.
Product Definition:
Lithium difluorophosphate is a salt of lithium and difluorophosphoric acid. It is used as an electrolyte in lithium ion batteries.
≧99.95%:
It is a colorless, odorless, crystalline chemical. It has applications in the glass industry as an additive for coloring and as a source of fluoride for fluorite. Fluorite is used to produce glass that has high fluorescence under ultraviolet light; it is also used in natural gas extraction owing to its ability to remove moisture from gases.
The 99.95% of lithium difluorophosphate is a solid, odorless, and colorless compound. It has the chemical formula as LiF2PO4. It is insoluble in water and alkali but soluble in organic solvents such as ethers, ethanol, acetone etc.
Application Insights:
Lithium-ion battery was the largest application segment and accounted for a market share of more than 80% in 2017. The growing demand for electric vehicles is expected to have a positive impact on the lithium difluorophosphate market over the forecast period. Increasing production of batteries, particularly from China and Japan, will also fuel product demand in this segment.
The chemical intermediate application segment is projected to register significant growth over the coming years owing to rising investments by companies such as Molybdenum Corporation (U.S.), Rio Tinto (U.K.), BHP Billiton (Australia), Vale SA (Brazil) and others in order to expand their existing facilities or build new plants specifically designed for lithium difluorophosphate production.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period owing to growing demand for consumer electronics and electric vehicles. China, India, South Korea, Japan and Taiwan are major consumers of lithium difluorophosphate globally.
The Asia Pacific was followed by North America in terms of volume consumed in 2017 as a result of growing demand from key end-use sectors such as automotive and aerospace. The U.S.
Growth Factors:
- Increasing demand for lithium ion batteries in electric vehicles and portable electronics
- Growing investments in energy storage systems
- Rising popularity of lithium-ion battery chemistries for grid-scale energy storage applications
- Proliferation of hybrid and electric vehicles
- Technological advancements that improve the performance and life cycle of lithium ion batteries
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Difluorophosphate Market Research Report
By Type
≧99.95%, <99.95%
By Application
Lithium Ion Battery, Chemical Intermediate, Others
By Companies
CHUNBO, Hongfu Liye, Donggang Huabang Technology, Hefei Tianhui
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Difluorophosphate Market Report Segments:
The global Lithium Difluorophosphate market is segmented on the basis of:
Types
≧99.95%, <99.95%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lithium Ion Battery, Chemical Intermediate, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CHUNBO
- Hongfu Liye
- Donggang Huabang Technology
- Hefei Tianhui
Highlights of The Lithium Difluorophosphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≧99.95%
- <99.95%
- By Application:
- Lithium Ion Battery
- Chemical Intermediate
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lithium Difluorophosphate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lithium difluorophosphate is a white crystalline solid with the chemical formula LiPF6. It is a powerful acid and base, which can be used in various industrial processes.
Some of the major companies in the lithium difluorophosphate market are CHUNBO, Hongfu Liye, Donggang Huabang Technology, Hefei Tianhui.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Difluorophosphate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lithium Difluorophosphate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium Difluorophosphate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lithium Difluorophosphate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lithium Difluorophosphate Market Size & Forecast, 2018-2028
4.5.1 Lithium Difluorophosphate Market Size and Y-o-Y Growth
4.5.2 Lithium Difluorophosphate Market Absolute $ Opportunity
Chapter 5 Global Lithium Difluorophosphate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lithium Difluorophosphate Market Size Forecast by Type
5.2.1 ≧99.95%
5.2.2 <99.95%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium Difluorophosphate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lithium Difluorophosphate Market Size Forecast by Applications
6.2.1 Lithium Ion Battery
6.2.2 Chemical Intermediate
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Difluorophosphate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lithium Difluorophosphate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lithium Difluorophosphate Analysis and Forecast
9.1 Introduction
9.2 North America Lithium Difluorophosphate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lithium Difluorophosphate Market Size Forecast by Type
9.6.1 ≧99.95%
9.6.2 <99.95%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lithium Difluorophosphate Market Size Forecast by Applications
9.10.1 Lithium Ion Battery
9.10.2 Chemical Intermediate
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lithium Difluorophosphate Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium Difluorophosphate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lithium Difluorophosphate Market Size Forecast by Type
10.6.1 ≧99.95%
10.6.2 <99.95%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lithium Difluorophosphate Market Size Forecast by Applications
10.10.1 Lithium Ion Battery
10.10.2 Chemical Intermediate
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lithium Difluorophosphate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium Difluorophosphate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lithium Difluorophosphate Market Size Forecast by Type
11.6.1 ≧99.95%
11.6.2 <99.95%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lithium Difluorophosphate Market Size Forecast by Applications
11.10.1 Lithium Ion Battery
11.10.2 Chemical Intermediate
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lithium Difluorophosphate Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium Difluorophosphate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lithium Difluorophosphate Market Size Forecast by Type
12.6.1 ≧99.95%
12.6.2 <99.95%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lithium Difluorophosphate Market Size Forecast by Applications
12.10.1 Lithium Ion Battery
12.10.2 Chemical Intermediate
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lithium Difluorophosphate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium Difluorophosphate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lithium Difluorophosphate Market Size Forecast by Type
13.6.1 ≧99.95%
13.6.2 <99.95%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lithium Difluorophosphate Market Size Forecast by Applications
13.10.1 Lithium Ion Battery
13.10.2 Chemical Intermediate
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lithium Difluorophosphate Market: Competitive Dashboard
14.2 Global Lithium Difluorophosphate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CHUNBO
14.3.2 Hongfu Liye
14.3.3 Donggang Huabang Technology
14.3.4 Hefei Tianhui
