


Published On : March 2024 Email: help@24marketreports.com Global Lithium Iron Phosphate (LiFePO4) Material Market Research Report 2024(Status and Outlook)
• The Global Lithium Iron Phosphate (LiFePO4) Material Market Size was estimated at USD 1182.11 million in 2023 and is projected to reach USD 1461.56 million by 2029, exhibiting a CAGR of 3.60% during the forecast period.
• New technologies have resulted in increasing popularity of lithium iron phosphate batteries. for instance, the innovation of lithium iron nanophosphate batteries has found extensive applications in electric & hybrid vehicles in the telecommunication sector, apart from electric vehicles and power generation
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