Top 10 Companies in the Battery Grade Phosphoric Acid Industry (2026): Market Leaders Powering the Energy Transition

In Business Insights
January 07, 2026


The Global Battery Grade Phosphoric Acid Market was valued at USD 1.34 Billion in 2025 and is projected to reach USD 2.98 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period (2024–2030). This robust growth is fueled by the accelerating global transition to electric vehicles (EVs), the expansion of grid-scale energy storage systems, and the high demand for Lithium Iron Phosphate (LFP) batteries, which are a primary consumer of high-purity phosphoric acid.

As the world races towards a more sustainable energy future, the quality and supply chain of critical raw materials become paramount. Battery grade phosphoric acid, a key precursor for LFP cathode material, sits at the heart of this transformation. In this analysis, we profile the Top 10 Companies in the Battery Grade Phosphoric Acid Industry—a group of established chemical giants and specialized producers shaping the foundational elements of modern energy storage.

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🔟 1. Arkema Group

Headquarters: Colombes, France
Key Offering: Ultra-high purity phosphoric acid (H3PO4) for LFP batteries

Arkema is a leading global specialty chemicals company with a strong focus on advanced materials. Its high-purity phosphoric acid is engineered to meet the stringent requirements of battery manufacturers, ensuring optimal performance and longevity for LFP cells. Arkema’s commitment to R&D positions it as a key innovator in the battery materials supply chain.

Innovation and Expansion Initiatives:

  • Investment in purification technologies to achieve sub-ppm level impurities

  • Strategic partnerships with cathode active material (CAM) producers in Europe and Asia

  • Focus on developing sustainable and low-carbon footprint production processes


9️⃣ 2. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: High-purity phosphoric acid, specialty phosphates for energy storage

Solvay brings its extensive chemical expertise to the battery market, offering high-purity phosphoric acid critical for the electronics and energy sectors. The company’s global presence and technical support capabilities make it a reliable partner for battery gigafactories seeking consistent quality and large-volume supply.

Innovation and Expansion Initiatives:

  • Expansion of purification capacity to support the growing EV battery market

  • R&D into next-generation phosphate-based battery chemistries


8️⃣ 3. Prayon S.A.

Headquarters: Engis, Belgium
Key Offering: Battery-grade phosphoric acid, purified wet-process acid (PWA)

Prayon is a phosphate technology specialist with decades of experience. The company produces battery-grade phosphoric acid using its proprietary purification processes, making it a key supplier for the European battery ecosystem. Its products are essential for producing lithium iron phosphate (LFP) cathode material.

Innovation and Expansion Initiatives:

  • Operates one of Europe’s most advanced phosphoric acid purification plants

  • Active participation in EU-funded battery value chain projects (e.g., European Battery Alliance)

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Battery Grade Phosphoric Acid Market – View in Detailed Research Report


7️⃣ 4. Wengfu Group

Headquarters: Guiyang, Guizhou, China
Key Offering: High-purity thermal process phosphoric acid for batteries

As a major Chinese phosphate producer, Wengfu Group is strategically positioned to serve the world’s largest LFP battery market. The company leverages its integrated phosphate mining and processing operations to supply battery-grade acid to leading CAM manufacturers across China.

Innovation and Expansion Initiatives:

  • Vertical integration from phosphate rock to high-purity acid

  • Significant investments in scaling production to meet domestic and international demand


6️⃣ 5. Yuntianhua Group

Headquarters: Kunming, Yunnan, China
Key Offering: Battery-grade phosphoric acid, fertilizer-grade acid, and specialty phosphates

Yuntianhua is one of China’s largest phosphate fertilizer producers, with a growing focus on high-value segments like battery materials. The company’s extensive production footprint and access to high-quality phosphate rock reserves give it a competitive edge in the market.

Innovation and Expansion Initiatives:

  • Diversifying from traditional fertilizers into high-purity chemicals for new energy

  • Building dedicated production lines for battery-grade phosphoric acid


5️⃣ 6. The Mosaic Company

Headquarters: Tampa, Florida, USA
Key Offering: Phosphoric acid, purified phosphoric acid for industrial applications

Mosaic is one of the world’s leading producers of concentrated phosphate and potash. While historically focused on fertilizers, the company is increasingly evaluating opportunities in the battery sector, leveraging its massive phosphoric acid production capacity and North American strategic location.

Innovation and Expansion Initiatives:

  • Exploring partnerships to develop battery-grade acid purification capabilities

  • Strategic positioning to supply the nascent North American battery supply chain


4️⃣ 7. EuroChem Group

Headquarters: Zug, Switzerland
Key Offering: Mineral fertilizers, industrial-grade phosphoric acid

EuroChem is a leading global fertilizer producer with integrated mining and chemical processing assets. The company has the potential to become a significant player in the battery-grade phosphoric acid market, given its production scale and technological capabilities.

Innovation and Expansion Initiatives:

  • Investment in production facility modernization and efficiency

  • Market analysis for diversifying into high-purity phosphate derivatives


3️⃣ 8. Nippon Chemical Industrial Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-purity chemicals, battery materials, electronic-grade phosphoric acid

Nippon Chemical Industrial specializes in high-purity chemicals for the electronics and battery industries. The company’s expertise in purification makes it a key supplier for demanding applications where trace metal content is critical, such as in LFP cathode manufacturing.

Innovation and Expansion Initiatives:

  • Long-standing reputation for quality in the Japanese and South Korean battery markets

  • Focus on developing ultra-high-purity grades for next-generation batteries

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Battery Grade Phosphoric Acid Market – View in Detailed Research Report


2️⃣ 9. First Phosphate Corp.

Headquarters: Saguenay, Quebec, Canada
Key Offering: High-purity phosphate concentrate, aims for integrated LFP cathode material production

First Phosphate is a emerging pure-play phosphate company focused exclusively on the LFP battery industry. The company is developing its flagship project in Quebec, Canada, with the goal of establishing a fully integrated supply chain from mine to LFP cathode material for the North American and European markets.

Innovation and Expansion Initiatives:

  • Pioneering a fully integrated “mine-to-cathode-active-material” business model

  • Focus on producing a purissimum (“extremely pure”) phosphate product


1️⃣ 10. ICL Group

Headquarters: Tel Aviv, Israel
Key Offering: Industrial phosphates, phosphoric acid, flame retardants, specialty products

ICL is a global specialty minerals company with significant phosphate operations. The company has announced major investments to enter the LFP battery materials market, leveraging its chemical processing expertise and strategic assets to become a leading supplier of battery-grade phosphoric acid and LFP cathode material.

Innovation and Expansion Initiatives:

  • Planned investment of ~USD 400 million to build an LFP cathode material plant in the US

  • Strategic focus on securing a key role in the Western battery supply chain

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Battery Grade Phosphoric Acid Market – View in Detailed Research Report


🌍 Outlook: The Future of Battery Grade Phosphoric Acid Is Integrated and Strategic

The battery grade phosphoric acid market is evolving rapidly from a niche chemical segment to a strategically vital component of the global energy transition. While traditional phosphate producers dominate current supply, the industry is witnessing a strategic pivot towards high-purity applications and vertical integration.

📈 Key Trends Shaping the Market:

  • Vertical Integration: Leading players are moving towards integrated models, controlling the chain from phosphate rock to LFP cathode material to secure margins and supply.

  • Geographical Diversification: Efforts to build LFP and phosphoric acid capacity in North America and Europe to reduce reliance on the China-dominated supply chain.

  • Purity as a Differentiator: Intense R&D focus on achieving even lower levels of impurities (e.g., iron, cadmium, other heavy metals) to enhance battery performance and lifespan.

  • Sustainability Focus: Increasing scrutiny on the environmental footprint of phosphate mining and processing, driving adoption of cleaner production technologies.

Get Full Report Here:
Battery Grade Phosphoric Acid Market – View in Detailed Research Report

The companies listed above are not only supplying a critical raw material—they are enabling the electrification of transport and grid stability worldwide. Their ability to scale production, ensure quality, and innovate will directly impact the pace and affordability of the clean energy transition.