The Global High Purity Lithium Hexafluorophosphate (LiPF6) Market was valued at USD 1.85 Billion in 2024 and is projected to reach USD 4.12 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period (2024–2030). This explosive growth is fueled by the unprecedented global demand for lithium-ion batteries, the rapid expansion of the electric vehicle (EV) market, and advancements in consumer electronics and grid-scale energy storage solutions.

As the world accelerates its transition to clean energy and electrified transportation, the spotlight is on the key chemical suppliers providing the essential electrolyte salts that make modern batteries possible. In this blog, we profile the Top 10 Companies in the High Purity Lithium Hexafluorophosphate Industry—a group of chemical giants and specialized producers shaping the future of energy storage.

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🔟 1. Morita Chemical Industries Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: High Purity LiPF6 (Above 99.9% and 99.99%)

Morita Chemical is a globally recognized leader in the production of high-purity LiPF6, serving major battery manufacturers worldwide. With decades of experience in fluorine chemistry, the company has established itself as a benchmark for quality and reliability in the electrolyte market, particularly for the automotive sector.

Innovation and Capacity Initiatives:

• Continuous investment in R&D for next-generation electrolyte formulations

• Strategic capacity expansions in Japan and overseas to meet rising EV demand

• Strong partnerships with leading Asian and European battery cell producers

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9️⃣ 2. STELLA CHEMIFA Corporation

Headquarters: Osaka, Japan
Key Offering: Ultra-High Purity LiPF6, Electrolyte Solutions

STELLA CHEMIFA is another Japanese powerhouse specializing in high-performance fluorine compounds. The company’s advanced production technology ensures exceptionally low moisture and metallic impurity levels in its LiPF6, which is critical for achieving long battery cycle life and high-temperature stability.

Innovation and Capacity Initiatives:

• Focus on developing additives to enhance LiPF6 performance and safety

• Vertically integrated production from raw materials to finished electrolyte salts

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8️⃣ 3. Kanto Denka Kogyo Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Battery-Grade LiPF6, Specialty Fluorine Gases

Kanto Denka leverages its extensive expertise in fluorine chemistry to produce high-quality LiPF6 for the global battery industry. The company supplies a wide range of electrolyte products tailored for different battery applications, from high-power EVs to stationary storage.

Innovation and Capacity Initiatives:

• Significant capital expenditure to double LiPF6 production capacity by 2025

• Active R&D in solid-state battery electrolytes and alternative lithium salts

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High Purity Lithium Hexafluorophosphate Market – View in Detailed Research Report

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7️⃣ 4. Central Glass Co., Ltd. (CGC)

Headquarters: Tokyo, Japan
Key Offering: LiPF6, Electrolyte Additives, Fluorochemicals

Central Glass is a major chemical manufacturer with a strong foothold in the electrolyte market. The company produces high-purity LiPF6 and also develops proprietary electrolyte additives that improve battery performance, safety, and lifespan, offering a complete solution to battery makers.

Innovation and Capacity Initiatives:

• Expansion of LiPF6 production facilities to secure a stable supply for the EV boom

• Development of non-flammable electrolyte technologies for enhanced battery safety

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6️⃣ 5. Foosung Group

Headquarters: Seoul, South Korea
Key Offering: High Purity LiPF6, Lithium Salts

Foosung Group is a leading South Korean chemical company and a key supplier to the country’s massive battery industry, which includes giants like LG Energy Solution, Samsung SDI, and SK On. The company has been aggressively expanding its LiPF6 capacity to reduce the industry’s reliance on imports.

Innovation and Capacity Initiatives:

• Multi-phase expansion plans aiming for a significant global market share by 2027

• Investment in localizing the LiPF6 supply chain within South Korea

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5️⃣ 6. Do-Fluoride Chemicals Co., LTD

Headquarters: Jiaozuo, Henan, China
Key Offering: LiPF6, PVDF (Binder Material), Fluorite Resources

Do-Fluoride New Materials is one of China’s largest and most vertically integrated fluorochemical companies. Its control over key raw materials, such as fluorite, gives it a significant cost advantage in producing LiPF6, making it a dominant force in the Asian market.

Innovation and Capacity Initiatives:

• Massive-scale LiPF6 production with one of the largest capacities globally

• Synergistic production of both LiPF6 electrolyte and PVDF binder materials

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4️⃣ 7. Guangzhou Tinci Materials Technology Co., Ltd.

Headquarters: Guangzhou, Guangdong, China
Key Offering: LiPF6, Custom Electrolyte Formulations

Tinci Materials is a leading Chinese supplier of lithium battery materials, with a strong focus on electrolyte salts and solutions. The company has grown rapidly by catering to the booming domestic EV market and has established technical service centers to work closely with battery customers.

Innovation and Capacity Initiatives:

• Rapid capacity build-out to keep pace with China’s EV production growth

• Development of value-added, customized electrolyte packages for specific battery chemistries

Download FREE Sample Report:
High Purity Lithium Hexafluorophosphate Market – View in Detailed Research Report

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3️⃣ 8. Jiangsu Jiujiujiu Technology Co., Ltd.

Headquarters: Huai’an, Jiangsu, China
Key Offering: High Purity LiPF6, Lithium-ion Battery Electrolytes

Jiangsu Jiujiujiu Technology is a specialized manufacturer focused on lithium battery electrolyte materials. The company has invested heavily in advanced purification technology to produce LiPF6 that meets the stringent requirements of premium battery manufacturers for high-energy-density applications.

Innovation and Capacity Initiatives:

• Focus on achieving ultra-high purity grades (99.99% and above) for premium markets

• Expansion of integrated production lines to improve efficiency and reduce costs

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2️⃣ 9. Hubei HongCNY Pharmaceutical Technology Co., Ltd.

Headquarters: Wuhan, Hubei, China
Key Offering: Pharmaceutical and Battery Grade LiPF6

Leveraging its expertise in high-purity chemical synthesis from the pharmaceutical sector, Hubei HongCNY has successfully entered the battery materials market. The company applies rigorous quality control standards to produce LiPF6 with exceptionally low levels of impurities.

Innovation and Capacity Initiatives:

• Application of pharmaceutical-grade manufacturing practices to battery materials

• Strategic positioning within China’s central industrial hub for logistics advantages

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1️⃣ 10. Shantou Jinguang High-Tech Co., Ltd.

Headquarters: Shantou, Guangdong, China
Key Offering: LiPF6, Electrolyte Additives

Shantou Jinguang High-Tech is a key player in China’s electrolyte supply chain, producing both LiPF6 and a range of functional additives. The company serves a diverse customer base across consumer electronics, EV, and energy storage system (ESS) battery segments.

Innovation and Capacity Initiatives:

• Continuous process optimization to enhance product yield and consistency

• Strong focus on the rapidly growing ESS market segment

Read Full Report:
High Purity Lithium Hexafluorophosphate Market – View in Detailed Research Report

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⚡ Outlook: The Future of LiPF6 is High-Performance and Sustainable

The High Purity Lithium Hexafluorophosphate market is at the heart of the global energy transition. While LiPF6 remains the dominant electrolyte salt due to its proven performance, the industry is investing heavily in improving its properties and developing more sustainable production methods.

📈 Key Trends Shaping the Market:

• Geographic diversification of production capacity beyond Asia to Europe and North America

• R&D into LiPF6 formulations with enhanced thermal and chemical stability for next-generation batteries

• Increasing focus on recycling lithium and fluorine from spent batteries to create a circular economy

• Strategic long-term supply agreements between LiPF6 producers and major automakers or battery gigafactories

Read Full Report:
High Purity Lithium Hexafluorophosphate Market – View in Detailed Research Report

The companies listed above are not only supplying a critical battery component—they are enabling the electrification of transport and the stabilization of renewable energy grids worldwide.