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Global Lithium-ion Battery Recycling Market is expected to reach $8470.66 million by 2025 from $1222.34 million in 2019, growing at a CAGR of 38.08% by 2025

06-25-2019 07:16 AM CET | Science & Education

Press release from: Valuates Reports

Global Lithium-ion Battery Recycling Market is expected

The global Lithium-ion Battery Recycling market is expected to reach $8470.66 million by 2025 from $1222.34 million in 2019, growing at a CAGR of 38.08% from 2019 to 2025.

As lithium-ion (Li-ion) batteries continue to electrify our world, over 11 million tonnes of spent Li-ion batteries will be discarded through to 2030. This means a very significant opportunity exists for Lithium-ion Battery Recycling.

This report focuses on Lithium-ion Battery Recycling value at global level, regional level and company level. From a global perspective, this report represents overall Lithium-ion Battery Recycling market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, Taiwan, Korea.

At company level, this report focuses on the revenue and market share for each manufacturer covered in this report.

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The prospect of a growing Li-ion battery (LIB) recycling industry is real, recycling is mandatory for supplying the materials needed by the tremendous grow of the lithium-ion battery industry in the coming years. With the clear signals that the LIB market is to take off owing to a dramatic rise in the use of electric vehicles (EV) in the near future,

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The following manufacturers are covered:
Brunp Recycling
SungEel HiTech
Taisen Recycling
Retriev Technologies
4R Energy Corp
OnTo Technology

Segment by Regions
North America

Segment by Type
LiCoO2 Battery
NMC Battery
LiFePO4 Battery

Segment by Application
Electric Power

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