LiFePO4 Battery Market 2018 Forecasts and China Supercapacitor Industry 2020 Outlook in New Research Reports

CHICAGO, IL -- Global and China Lithium Iron Phosphate (LiFePO4) Material and Battery Market Report, 2015-2018 and China Supercapacitor Industry Report, 2014-2020 are 2015 published and newly added titles to

Lithium iron phosphate batteries can be used in electric vehicles, power tools, electric bicycles, energy storage devices, etc. For now, they are mainly used as power batteries for electric vehicles. In 2014, some 12,500 tons of lithium iron phosphate were sold globally, and they were mainly sold to China, almost accounting for 75% of the total. That was mainly because Chinese electric vehicle enterprises tend to adopt lithium iron phosphate as power batteries of cathode materials. Additionally, China's great support for new energy vehicles has promoted the rapid increase of the country's demand for lithium iron phosphate. In contrast, cathode materials for power batteries in the US, Japan, and South Korea are dominated by ternary material and lithium manganate.

Globally, the traditional lithium iron phosphate material manufacturers mainly include the U.S.-based A123 and Valence and the Canada-based Phostech, which grasp mature mass-production technology. In recent years, however, lithium iron phosphate enterprises in Mainland China and Taiwan have been developing very fast, accompanied by dramatic capacity expansion and rising market position. By the end of 2014, over 80% of the world's lithium iron phosphate originated from Mainland China and Taiwan, of which the Taiwanese lithium iron phosphate material manufacturers were mainly Formosa and Aleees, of which total capacity approximated 7,300 tons in 2014.

LiFePO4 materials manufacturers profiled in this market research report include A123 Systems, Valence, Phostech, ALeees, Hirose Tech, Tatung Fine Chemicals, Tianjin STL Energy Technology Co., Ltd., Pulead Technology Industry Co., Ltd, Shenzhen BTR New Energy Material Co., Ltd, Yantai Zhuoneng Battery Material Co., Ltd., Nanjing Lasting Brilliance New Energy Technology Co., Ltd., Guanghan Mufu Lithium Power Materials Co., Ltd., Hunan Shanshan Advanced Materials Co., Ltd., HeFei GuoXuan High-Tech Power Energy Co., Ltd., ShenZhen TianJiao Technology Development LTD. along with mentions of Xinxiang Huaxin Energy Materials Co., Ltd., Hunan Haorun Technology Co., Ltd., NanoChem Systems (Suzhou) Co., Ltd., Xinxiang Chuangjia Power Supply Material Co., Ltd. and QingDao Qianyun High-tech New Material Co., Ltd. The LiFePO4 battery market companies profiled in this study cover BYD, Shenzhen BAK Battery, Tianjin Lishen Battery Joint-Stock Co., Ltd., Shenzhen Mottcell Battery Technology Co., Ltd., Wanxiang EV Co., Ltd., CENS Energy-Tech Co., Ltd., Hipower New Energy Group Co., Ltd., Suzhou Golden Crown New Energy Co., Ltd., Pihsiang Energy Technology, Qingdao Hongnai New Energy and Huanyu Power Source Co.,Ltd.

In 2014, Mainland China recorded a total capacity of about 30,000 tons of lithium iron phosphate. The major enterprises included Tianjin STL Energy Technology Co., Ltd., Guanghan Mufu Lithium Power Materials Co., Ltd., and Pulead Technology Industry Co., Ltd., etc. which contributed a combined capacity of 9,500 tons. Furthermore, there are several proposed and ongoing lithium iron phosphate projects in China. For example, Tianjin STL Energy Technology planned to expand its lithium iron phosphate capacity to 10,000 tons within three years; Pulead Technology's Base in Qinghai is working to construct a "5,000 tons/a lithium iron phosphate and other cathode materials" project (Phase II).

In terms of EV industry, China's mainstream cathode materials for power batteries are still lithium iron phosphate, which represents an around 40% share of power battery market, Major manufacturers consist of BYD, Guoxuan High-Tech, and Tianjin Lishen, etc. However, low energy density of lithium iron phosphate batteries restricts the EV's driving range, a situation that makes more and more enterprises turn to ternary materials. In the future, the application percentage of lithium iron phosphate batteries in electric vehicles will fall.

However, the application of lithium iron phosphate batteries in energy storage, photovoltaic and communication batteries is on the rise, reflecting a huge space for development. In the field of electric bicycles, the batteries have obvious advantages over the traditional lead-acid batteries, hence a larger alternative space.

The second research on China supercapacitor market says global supercapacitor market size was recorded at roughly USD3.8 billion in 2014, with an expected CAGR of 21.3% or so for the next few years (2014-2019). Supercapacitor in China started relatively late featuring undeveloped technology and small scale, with market demand more dependent on import. It is expected that China's supercapacitor market size may hit RMB2.86 billion in 2014, accounting for 12.1% of the global market over the corresponding period. The supercapacitor products of U.S.-based Maxwell, Japan-based Panasonic and NEC once gained more than 90% market share in China. However, Chinese enterprises are continuously improving their level of technical research stimulated by a number of favorable policies and seeing shares rise to 40%. They are playing important roles with high technologies, especially in the field of supercapacitor bus and rail transit.

Although China's new energy vehicle power system still gives priority to LiFePO4 battery and Ni-MH battery, supercapacitor has developed part of the new energy automobile market there. According to the research and information released by the New Energy Vehicle Power Battery Industry Development Laboratory, China has produced power batteries for 129,315 various energy saving and new energy vehicles as of July 2014, of which, vehicles equipped with supercapacitor represent about 12.4%. In terms of installation statistics, over 60% of supercapacitors are still dependent on products of Maxwell, LSMtron and other foreign companies. Comprehensive table of contents, companies profiled, list of charts and more on this report is available at

Comprehensive table of contents and more for Global and China Lithium Iron Phosphate (LiFePO4) Material and Battery Industry Report, 2015-2018 is available at  

Complete report on LiFePO4 battery market spread across 103 pages, profiling 16 LiFePO4 materials manufacturers, 11 LiFePO4 battery companies and supported with 78 charts is now available at 

Order a copy of this report at  

Ritesh Tiwari
1 South Dearborn Street,
21st Floor, Chicago,
IIIinois 60603, USA.
+ 1 888 391 5441
[email protected]

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