动力市场，无论从新能源车销量还是工信部新车备案来看，磷酸铁锂车型占比都接近 8 成以上； 储能市场，磷酸铁锂电池凭借更好的安全性成为刚需，抢装潮也带动了今年储能锂电池需求的集中 爆发。 高工产研（ GGII ）预测，到年底 中国磷酸铁锂电池出货量将超 1.3TWh ，正极材料全年需求有 望超 350 万吨。 铁锂电池需求持续走高，有效提升了磷酸铁锂正极材料厂商的产能利用率，扩产 也在同步进行中。 而规模，已然成为此轮上行周期磷酸铁锂厂商竞逐的重要标的， 也成为能否进入头部电池企业供 应体系的关键指标。 然而，磷酸铁锂材料厂的规模扩建不是一蹴而就的，其暗藏着市场对材料性能需求变化的挑战。 扩，可能沦为无效的低端产能；不扩，则意味着自动放弃入场券。 今年二季度开端，一则比亚迪签订 3 年磷酸铁锂长协单的公告引发行业关注。从需求上看，比亚 迪无论是在整车还是电池出货上常年霸榜，作为磷酸铁锂电池的绝对拥护者，其今年前三季度绝大 多数的装车电池来自磷酸铁锂。 据公开消息，比亚迪 2025 年的销量目标是 550 万辆，上游材料需求十分可观， 而此次拿下比 亚迪 3 年长协单的企业，是一家来自山东的磷酸铁锂材料企业，丰元 ...

Production - In October 2025, the production of lithium iron phosphate reached 399,800 tons, representing a year-on-year increase of 51.8% and a month-on-month increase of 11.5% [1] - From January to October 2025, the total production of lithium iron phosphate amounted to 3.06 million tons, showing a year-on-year growth of 58.6% [1] - The peak season has led to a significant increase in both production and sales of lithium iron phosphate, with monthly production hitting a new high [1] Capacity - As of the end of October, the overall capacity of the lithium iron phosphate industry stood at 6.32 million tons, reflecting a year-on-year increase of 29.8% and a month-on-month increase of 7.9% [1] Utilization Rate - The overall capacity utilization rate of the lithium iron phosphate cathode material industry in October was approximately 75.9%, which is an increase of 11.0 percentage points year-on-year and 2.4 percentage points month-on-month [1] - In October, the top ten enterprises in the industry experienced robust production and sales, with nearly all operating at full capacity, while previously idle capacities are gradually being reactivated [1] Price & Processing Fees - The shortage driven by supply-demand imbalance has led to price increases, particularly for third-generation and fourth-generation products, which have shown more rigid price hikes [1] - There remains idle capacity for second-generation and third-generation products, but the replenishment progress is relatively slow [1]