Lithium-Ion Battery Recycling Market 2020 Size and Share that Value Expected to Reach USD 1.70 billion | Growing at CAGR of 18.5 | Forecast to 2028

Posted on Dec 6 2022 6:54 AM

"The lithium-Ion Battery Recycling Market Is Projected To Grow From Usd 2.00 Billion In 2021 To Usd 6.55 Billion In 2028 At A Cagr Of 18.5% In The 2021-2028 Period. "

Overview of the Global Lithium-Ion Battery Recycling Market:

In accordance with the recent study by Fortune Business Insights, the global Lithium-Ion Battery Recycling market is estimated to be worth around USD 1.70 billion in the present year 2020. As per this market report, the overall demand for high-purity lignin is poised to witness a CAGR of 18.5 % for the next ten years finally taking the overall valuation up to Usd 6.55 Billion by the end of the year 2028.

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Market Scope:

People nowadays are rapidly shifting towards clean power sources as they offer efficient input to various applications. Companies worldwide have surged the installation of multiple batteries for numerous electric vehicles and energy storage. This is expected to bolster the replacement of long-standing batteries with low out efficiency generating wastes. Total, for instance, announced its plan to construct a battery-based energy storage project in France in March 2020.

COVID-19 Impact:

The updated report, a free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Lithium-Ion Battery Recycling Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.

How the industry is coping with the pandemic?

Slowly and gradually economic activity is up and running now which may help the industry to get back on its feet as soon as possible.

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Major Players in the Lithium-Ion Battery Recycling market are:

  •  Glencore PLC.
  •  Green Technology Solutions, Inc.
  •  Li-Cycle Technology.
  •  Recupyl Sas.
  •  Umicore SA.
  •  Metal Conversion Technologies LLC.
  •  Retriev Technologies Inc.
  •  Raw Materials Company.

Key Player's information includes:

  • Key Company Profile
  • Important Market Information
  • SWOT Analysis
  • Market Share
  • Sales, Revenue, Price, and Gross Margin

By Product Type, the Market is Primarily Segmented into and By Applications, the Market is Segmented into:

By Chemistry

Lithium Cobalt Oxide (LCO)

Lithium Iron Phosphate (LFP)

Lithium Manganese Oxide (LMO)

Lithium Nickel Cobalt Aluminum Oxide (NCA)

Lithium Nickel Manganese Cobalt Oxide (NMC)

By Source

Electronics

Electric Vehicles

Power Tools

Others

By Recycling Process

Physical/Mechanical

Hydrometallurgical

Pyrometallurgical

Region-Wise Classification of the Market:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Africa
  • Middle East

Report Highlights:

  • Detailed Overview
  • Market Dynamics
  • Detailed Market Segmentation
  • Historical, Current, and Projected Market Size in terms of volume and value
  • Market Trends and Developments
  • Competitive Landscape
  • Strategies of Key Players
  • Potential and Niche Segments

Key Questions Answered:

1) What is the market size and CAGR of the global as well as the regional market?

2) What are the key players operating in the global Lithium-Ion Battery Recycling Market?

3) What are the drivers, restraints, and growth opportunities of the market?

4) What are key technological trends in the market?

5) What are the various regions and sub-regions with leading contributions to the market?

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