Procurement Resource Evaluates The Price Trends Of Lithium Iron Phosphate In Its Latest Insights And Dashboard

Lithium Iron Phosphate (LiFePO4) is a chemical compound with an olivine structure and an orthorhombic system. It is a cathode material that has excellent properties like electrochemical performance and low resistance, which makes it among the safest and most stable cathode materials in lithium-ion batteries that offer great thermal stability and energy density.

Request for Real-Time Lithium Iron Phosphate Prices:

It appears to be a grey/black powder. It has a molecular weight of 157.76 u and a density of 1.523 g/cm3.

Key Details About the Lithium Iron Phosphate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Lithium Iron Phosphate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Lithium Iron Phosphate Price Trend, chart, including India Lithium Iron Phosphate price, USA Lithium Iron Phosphate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Lithium Iron Phosphate Price Trend:

Price-Trend-ImageLithium Iron Phosphate (LiFePO4) is a key part added to lithium iron phosphate batteries which have wide applications in electric vehicles (EVs), solar energy installations, power tools, as well as huge grid-scale energy storage, which is primarily driving the market’s growth.

Read Also –

In addition, these consumer electronics batteries work with cathodes comprising other lithium compounds, like lithium cobalt oxide (LiCoO2), lithium manganese oxide (LiMn2O4), and lithium nickel oxide (LiNiO2). Hence, it can be concluded that the demand for the product is directly linked to the growing demand for lithium iron phosphate batteries which furthers the industry’s expansion.

Key Players:

  • BYD Company
  • A123 System
  • K2 energy
  • Lithium Werks
  • Britishvolt
  • Power Sonic Corporation
  • Contemporary Amperex Technology Co.Ltd.

News & Recent Development

  • January 29, 2023- North American Electric car companies are planning to slash prices through the shift towards lithium iron phosphate (LFP) batteries which are less costly compared to batteries made using nickel and cobalt.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: [email protected]
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

articlelength,updownews,livejustnews,newsalltype,thenextlaevel,justplangrow,approvedblog,letshareinfo,larablogy,updatexpert,gpforme, rankereports

Related Posts