Lithium-ion Battery Recycling Market Expected to to grow with a healthy growth rate of more than 22.1 % By 2026

Lithium-ion Battery Recycling Market is valued approximately USD 2.2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 22.1 % over the forecast period 2019-2026. Lithium ion batteries are used in vast quantities in electronic and household devices. These batteries are widely used in end use industries owing to its high energy density, high voltages and low weight to volume ratio. These batteries have an expected lifespan of 3-5 years, with the increasing usage in end use industries, large waste stream of lithium ion battery is being generated. Lithium ion batteries contain toxic and flammable components, as well as valuable metals such as Li, Ni. For these reasons, there are benefits to recycling used LIBs, instead of disposal in landfills.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Chemistry:

Lithium-nickel Manganese Cobalt (NMC)
Lithium-iron Phosphate (LFP)
Lithium-manganese Oxide Spinal(LMO)
Lithium-titanate Oxide (Li-TO)
Lithium-nickel Cobalt Aluminum Oxide (NCA)
Lithium-cobalt Oxide (Li-CO)

By Industry:

Automotive
Power
Marine
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Target Audience of the Global Lithium-ion Battery Recycling Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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This release was published on openPR.