Market Overview:
The global LFP cathode material market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles and base stations. Additionally, the growing awareness about environment-friendly technologies is also propelling the growth of this market. The global LFP cathode material market can be segmented on the basis of type and application. On the basis of type, it can be divided into nano-LFP cathode material and common-LFP cathode material. The nano-LFP Cathode Material segment is projected to grow at a higher CAGR during the forecast period as compared to other segments owing to its superior properties such as high energy density, long cycle life, and low self discharge rate. On account of these benefits, it is being increasingly used in electric vehicles and other applications requiring high performance batteries. By application, it can be classified into electric vehicle and base station applications. Electric Vehicle application held a larger share in 2017 owing to rising demand for ecofriendly modes transportation across globe . However , Base Station Application Segment Is Expected To Grow At A Higher Rate Over The Forecast Period .
Product Definition:
LFP Cathode Material is a lithium ion battery material used as the cathode. It has a high capacity and low internal resistance, making it ideal for use in high-power applications.
Nano-LFP Cathode Material:
Nano-LFP cathode material is a new type of LFP (Low Frequency Pulse) electrode, which has an extremely small cross-sectional area compared to the conventional large sized electrodes. The nano-sized particle exhibits superior electrical and mechanical properties such as high surface area, low density and porosity, which results in enhanced performance for energy storage applications.
Common-LFP Cathode Material:
The LFP cathode material is made from a special type of glass that has been processed to alter its properties for use in batteries. The most important property alteration is the ability to absorb and hold an electrical charge. Other properties such as specific gravity, thermal conductivity, coefficient of expansion at elevated temperatures are also altered as per requirements.
Application Insights:
The electric vehicle segment dominated the global LFP cathode material market in terms of revenue share in 2017. The growth can be attributed to increasing government funding and initiatives for promoting the use of environment-friendly energy sources such as solar and wind. For instance, in March 2018, China¢â‚¬â„¢s National Development & Reform Commission (NDRC) approved a plan to invest USD 7 billion by 2020 on renewable energy generation including solar, wind and hydropower. Such initiatives are expected to drive demand over the forecast period.
The base station segment is projected register significant growth over the forecast period owing to rising demand from wireless communication industry participants such as telecom companies, internet service providers and mobile network operators globally for deploying large scale photovoltaic (PV) systems due to low cost nature compared with land-based power plants or coal plants.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing demand for energy storage devices, such as batteries, from developing countries such as China and India. Increasing use of renewable energy coupled with growing demand for consumer electronics in Asia Pacific is also anticipated to drive industry expansion over the next eight years.
North America accounted for a significant share of global revenue owing to high penetration rates of electric vehicles (EVs) across major U.S., Canada, and Mexico cities along with strong base station equipment sales volumes generated by AT&T Mobility; T-Mobile US; Sprint Corporation; Verizon Communications Inc.; Cricket Wireless LLC; MetroPCS Communications Inc.; TracFone Wireless Inc.; Boost Mobile LLC; C Spire Holdings, Inc.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for LFP cathode materials, as they are used in electric vehicle batteries.
- Growing investment in renewable energy: The global investment in renewable energy is expected to grow at a CAGR of more than 12% during the forecast period. This will lead to an increase in the demand for LFP cathode materials, as they are used in solar and wind power plants.
- Rising awareness about environmental benefits of electric vehicles: There is increasing awareness among consumers about the environmental benefits of using electric vehicles instead of traditional petrol or diesel-powered cars. This is likely to boost the growth of the global market for LFP cathode materials during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
LFP Cathode Material Market Research Report
By Type
Nano-LFP Cathode Material, Common-LFP Cathode Material
By Application
Electric Vehicle, Base Station
By Companies
Guizhou Anda Energy Technology, BTR New Energy Materials, Hunan Shenghua Technology, Pulead Technology Industry, Tianjin STL Energy Technology, Shenzhen Dynanonic, Yantai Zhuoneng Battery Materials, Chongqing Terui Battery Materials
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global LFP Cathode Material Market Report Segments:
The global LFP Cathode Material market is segmented on the basis of:
Types
Nano-LFP Cathode Material, Common-LFP Cathode Material
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
Electric Vehicle, Base Station
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:
- Guizhou Anda Energy Technology
- BTR New Energy Materials
- Hunan Shenghua Technology
- Pulead Technology Industry
- Tianjin STL Energy Technology
- Shenzhen Dynanonic
- Yantai Zhuoneng Battery Materials
- Chongqing Terui Battery Materials
Highlights of The LFP Cathode Material 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:
- Nano-LFP Cathode Material
- Common-LFP Cathode Material
- By Application:
- Electric Vehicle
- Base Station
- 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 LFP Cathode Material 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
LFP cathode material is a new type of cathode material that has the potential to improve the performance of lithium-ion batteries. LFP cathodes are made from a combination of lithium and phosphorus materials, which allows them to hold more charge than traditional cathodes.
Some of the major players in the lfp cathode material market are Guizhou Anda Energy Technology, BTR New Energy Materials, Hunan Shenghua Technology, Pulead Technology Industry, Tianjin STL Energy Technology, Shenzhen Dynanonic, Yantai Zhuoneng Battery Materials, Chongqing Terui Battery Materials.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LFP Cathode Material Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LFP Cathode Material Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LFP Cathode Material Market - Supply Chain
4.5. Global LFP Cathode Material Market Forecast
4.5.1. LFP Cathode Material Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LFP Cathode Material Market Size (000 Units) and Y-o-Y Growth
4.5.3. LFP Cathode Material Market Absolute $ Opportunity
5. Global LFP Cathode Material Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LFP Cathode Material Market Size and Volume Forecast by Type
5.3.1. Nano-LFP Cathode Material
5.3.2. Common-LFP Cathode Material
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LFP Cathode Material Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LFP Cathode Material Market Size and Volume Forecast by Application
6.3.1. Electric Vehicle
6.3.2. Base Station
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LFP Cathode Material Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LFP Cathode Material Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LFP Cathode Material Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LFP Cathode Material Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LFP Cathode Material Demand Share Forecast, 2019-2026
9. North America LFP Cathode Material Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LFP Cathode Material Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LFP Cathode Material Market Size and Volume Forecast by Application
9.4.1. Electric Vehicle
9.4.2. Base Station
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LFP Cathode Material Market Size and Volume Forecast by Type
9.7.1. Nano-LFP Cathode Material
9.7.2. Common-LFP Cathode Material
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LFP Cathode Material Demand Share Forecast, 2019-2026
10. Latin America LFP Cathode Material Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LFP Cathode Material Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LFP Cathode Material Market Size and Volume Forecast by Application
10.4.1. Electric Vehicle
10.4.2. Base Station
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LFP Cathode Material Market Size and Volume Forecast by Type
10.7.1. Nano-LFP Cathode Material
10.7.2. Common-LFP Cathode Material
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LFP Cathode Material Demand Share Forecast, 2019-2026
11. Europe LFP Cathode Material Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LFP Cathode Material Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LFP Cathode Material Market Size and Volume Forecast by Application
11.4.1. Electric Vehicle
11.4.2. Base Station
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LFP Cathode Material Market Size and Volume Forecast by Type
11.7.1. Nano-LFP Cathode Material
11.7.2. Common-LFP Cathode Material
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LFP Cathode Material Demand Share, 2019-2026
12. Asia Pacific LFP Cathode Material Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LFP Cathode Material Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LFP Cathode Material Market Size and Volume Forecast by Application
12.4.1. Electric Vehicle
12.4.2. Base Station
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LFP Cathode Material Market Size and Volume Forecast by Type
12.7.1. Nano-LFP Cathode Material
12.7.2. Common-LFP Cathode Material
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LFP Cathode Material Demand Share, 2019-2026
13. Middle East & Africa LFP Cathode Material Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LFP Cathode Material Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LFP Cathode Material Market Size and Volume Forecast by Application
13.4.1. Electric Vehicle
13.4.2. Base Station
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LFP Cathode Material Market Size and Volume Forecast by Type
13.7.1. Nano-LFP Cathode Material
13.7.2. Common-LFP Cathode Material
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LFP Cathode Material Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LFP Cathode Material Market: Market Share Analysis
14.2. LFP Cathode Material Distributors and Customers
14.3. LFP Cathode Material Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Guizhou Anda Energy Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BTR New Energy Materials
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hunan Shenghua Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pulead Technology Industry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tianjin STL Energy Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shenzhen Dynanonic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yantai Zhuoneng Battery Materials
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chongqing Terui Battery Materials
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
