GGII: It is expected that the shipment volume of iron phosphate lithium battery cathode materials produced by the iron red method will exceed 1.2 million tons by 2030.

According to Zhito Finance APP, the output of lithium iron phosphate anode materials using the red phosphorus method is entering the fast lane. Data from GGII indicates that by 2025, the shipment volume of lithium iron phosphate anode materials from the red phosphorus method in China will reach 95,000 tons, with a market share of 2.4%. It is expected that by 2030, the shipment volume will likely exceed 1.2 million tons, growing more than tenfold, with the market share increasing to over 10%.