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The Global Battery Grade Phosphoric Acid Market was valued at US$ 216.8 Million in 2023 and is projected to reach US$ 321.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024-2030). This growth is driven by accelerating demand for lithium-ion batteries in electric vehicles (EVs), grid-scale energy storage systems, and consumer electronics, coupled with technological advancements in high-purity phosphoric acid production.
As the global transition toward renewable energy and electrification intensifies, battery-grade phosphoric acid has emerged as a critical component in lithium iron phosphate (LFP) battery cathodes. In this blog, we profile the Top 10 Companies in the Battery Grade Phosphoric Acid Industry—global chemical leaders and specialized producers shaping the future of energy storage.
🔟 1. Arkema Group
Headquarters: Colombes, France
Key Offering: High-purity phosphoric acid (≥85% concentration)
Arkema is a leading global specialty chemicals manufacturer with a strong focus on battery materials. The company produces ultra-high-purity phosphoric acid specifically formulated for LFP battery applications, meeting stringent industry standards for electrochemical performance.
Innovation Focus:
- Patented purification technologies for battery-grade phosphoric acid
- Strategic partnerships with European battery manufacturers
- Investments in circular production processes
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9️⃣ 2. Nippon Chemical Industrial Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Specialty-grade phosphoric acid (90-95% purity)
Nippon Chemical is a key Asian supplier of high-purity phosphoric acid for battery applications, with a strong presence in Japan’s growing EV battery supply chain. The company’s products are known for their exceptional consistency and low heavy metal content.
Innovation Focus:
- Custom formulations for nickel-manganese-cobalt (NMC) and LFP batteries
- Advanced quality control systems
8️⃣ 3. Solvay S.A.
Headquarters: Brussels, Belgium
Key Offering: Ultra-pure phosphoric acid solutions
Solvay provides advanced materials solutions for the battery industry, including battery-grade phosphoric acid used in cathode active materials. The company’s production facilities adhere to strict sustainability protocols.
Innovation Focus:
- Waste-minimized production processes
- Collaborative R&D with battery manufacturers
7️⃣ 4. Prayon S.A.
Headquarters: Engis, Belgium
Key Offering: Food and battery grade phosphoric acid
Prayon is a European leader in phosphoric acid production with specialized facilities for battery-grade material. The company supplies major cathode manufacturers with high-purity products meeting exacting specifications.
Innovation Focus:
- Proprietary purification technology
- Vertical integration with phosphate mining operations
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Battery Grade Phosphoric Acid Market – View in Detailed Research Report
6️⃣ 5. The Mosaic Company
Headquarters: Tampa, Florida, USA
Key Offering: Industrial and specialty phosphoric acid
As one of the world’s largest phosphate producers, Mosaic has expanded into battery-grade phosphoric acid to serve North America’s growing battery supply chain. The company leverages its massive phosphate rock reserves and production scale.
Innovation Focus:
- Investments in purification capacity expansion
- Sustainability initiatives in phosphate processing
5️⃣ 6. Wengfu Group
Headquarters: Guizhou, China
Key Offering: Battery-grade phosphoric acid (≥85%)
Wengfu Group is a major Chinese producer of phosphate chemicals with dedicated battery-grade phosphoric acid production lines. The company benefits from proximity to China’s dominant battery manufacturing ecosystem.
Innovation Focus:
- Cost-competitive large-scale production
- Domestic supply chain integration
4️⃣ 7. Yuntianhua Group
Headquarters: Kunming, China
Key Offering: High-purity phosphoric acid for LFP batteries
Yuntianhua is vertically integrated from phosphate mining to high-value phosphoric acid production. The company has emerged as a key supplier to China’s booming EV battery industry.
Innovation Focus:
- Specialty product development
- Process optimization for consistent quality
3️⃣ 8. EuroChem Group
Headquarters: Zug, Switzerland
Key Offering: Ultra-high purity phosphoric acid
EuroChem operates state-of-the-art phosphoric acid production facilities in Europe and Asia, with growing capabilities in battery-grade materials. The company serves global battery material manufacturers.
Innovation Focus:
- Advanced quality assurance systems
- Strategic expansion in battery materials
2️⃣ 9. CHORI Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Electronic and battery grade phosphoric acid
CHORI specializes in ultra-high purity chemicals for demanding applications including battery manufacturing. The company’s products are known for their exceptional purity and consistency.
Innovation Focus:
- Precision purification technologies
- Tailored solutions for battery applications
1️⃣ 10. First Phosphate Corp.
Headquarters: Saguenay, Canada
Key Offering: Battery-grade purified phosphoric acid
First Phosphate is an emerging North American producer focused on supplying the lithium iron phosphate battery supply chain. The company is developing integrated production capabilities from phosphate rock to battery-grade materials.
Innovation Focus:
- North American supply chain development
- Sustainable extraction and processing
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Battery Grade Phosphoric Acid Market – View in Detailed Research Report
⚡ Outlook: Battery-Grade Phosphoric Acid Powers the Energy Transition
The battery-grade phosphoric acid market is experiencing transformative growth, driven by the global shift toward electrification and renewable energy storage. As LFP batteries gain market share due to their safety, cost-effectiveness, and long cycle life, demand for high-purity phosphoric acid is accelerating.
📈 Key Trends Shaping the Market:
- Expansion of LFP battery production capacity globally
- Increasing purity requirements for next-gen battery chemistries
- Geopolitical push for localized battery material supply chains
- Sustainability initiatives in phosphate processing
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Battery Grade Phosphoric Acid Market – View in Detailed Research Report
The companies profiled above are at the forefront of developing the critical materials needed to power the global energy transition, enabling safer, more sustainable, and cost-effective energy storage solutions.
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