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Lithium Hexafluorophosphate (LiPF6) is a chemical compound used as a catalyst in the production of lithium-ion batteries. It is a white, odorless, hygroscopic solid that is soluble in water and other polar solvents. LiPF6 is used in the electrolyte of lithium-ion batteries, which are used in a variety of consumer electronics, electric vehicles, and other applications. LiPF6 is also used in the production of other lithium-based compounds, such as lithium hydroxide and lithium carbonate.
LiPF6 is produced through a process of fluorination and hydrolysis of lithium hydroxide. The production process is complex and requires specialized equipment and expertise. As a result, the market for LiPF6 is highly concentrated, with a few major players dominating the market.
Companies in the Lithium Hexafluorophosphate market include Albemarle Corporation, Ube Industries, Mitsubishi Chemical Corporation, and Solvay. Show Less Read more