openPR Logo
Press release

Lithium Ion Battery Recycling Market 2020 Size Report | by Top Key Players as Australian Battery Recycling Initiative, Umicore, Battery Recycling Made Easy, American Manganese Inc., etc

Lithium Ion Battery Recycling

Lithium Ion Battery Recycling

According to a report by Fortune Business Insights, titled, "Lithium-Ion Battery Recycling Market Size, Share and Global Trend by Source (Automotive, Mining, Marine, Defence, Industrial), By Type (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Nickel Manganese Cobalt Oxide, Lithium Iron Phosphate, Lithium Titanate, Lithium Nickel Cobalt Aluminium Oxide), By Process (Hydrometallurgy, Combined Pyrometallurgical and Hydrometallurgical Process) and Geography Forecast till 2026," ongoing revolution in the energy storage system is anticipated to increase demand for lithium-ion batteries. This, in turn, is expected to increase lithium-ion battery recycling market sales.

The Global Lithium-Ion Battery Recycling Market is likely to gain momentum from a rise in the consumers of portable electronic equipment and electric vehicles. Volkswagen Group, American Manganese Inc., and Other Key Players Aim to Strengthen Position Through Strategic Investments

List of Top Players covered in the Lithium-ion Battery Recycling Market Research Report
o Glencore Recupyl SAS
o Australian Battery Recycling Initiative
o Umicore
o Redux Smart Battery Recycling
o Retrieve Technologies
o Battery Recycling Made Easy
o Nippon Recycle Center Corporation
o Raw Material Company Inc.
o The International Metals Reclamation Company Li-Cycle(TM)
o American Manganese Inc.
o Global Battery Solution
o SAR Recycle
o Nippon Recycle Center Corporation

Request A Sample Copy - Lithium Ion Battery Recycling Market Report:

Key Industry Developments
o In March 2019, Volkswagen Group plans to launch a factory in Salzgitter, Germany for a pilot recycling project that will accept 1,200 tons of used automotive LIB pack every year.
o In March 2019, American Manganese Inc. signed an MoU with Ames Laboratory for sharing an interest in the exploration of EV battery material recycling option
o In January 2019, The United States Department of Energy committed to investing $20.5 million for a lithium-ion battery recycling

Presence of the Largest Pool of Electronics Consumers to Favor Growth of Lithium-ion Battery Recycling Market in Asia Pacific

The global lithium-ion battery recycling market is geographically segmented into Europe, the Middle East and Africa, North America, Latin America, and the Asia Pacific. Amongst these, North America accounts for a notably high lithium-ion battery recycling market share. This is because of a rise in pilot projects in the field of electric vehicles. The region is also witnessing an increasing demand for lithium-ion batteries due to the presence of numerous tech giants, techno3.logical revolutions, huge data centres, and telecommunication companies.

These sectors often produce a lot of waste materials which can be very harmful for the environment if not treated well. This is further stimulating growth opportunities for the lithium-ion battery recycling market in North America. Europe, on the other hand, is very cautious regarding the region's environment. This is why, the region uses battery-operated public transportation vehicles and this makes the region one of the top consumers of lithium-ion batteries.

Europe has started Battery Directive, an act that regulates the disposal and manufacture of batteries in the region to prevent hazardous effects is anticipated to encourage in the rapid adoption of lithium-ion batteries, which will lead to rise in the sales. Numerous companies have also started investing huge sums in this industry.

Asia Pacific possesses the biggest lithium-ion battery recycling market share because of the ongoing e-mobility promotion as well as presence of the largest consumer of electronics. Emerging countries, namely, China and India have currently holds a major portion of the market in terms of electronic equipment consumption. The report predicts that Asia Pacific will witness significant growth of market during the forecast period.


By Source: Automotive, Mining, Marine, Defence, Industrial, Others.

By Type: Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Nickel Manganese Cobalt Oxide, Lithium Iron Phosphate, Lithium Titanate, Lithium Nickel Cobalt Aluminium Oxide.

By Process: Hydrometallurgy, Leaching, Purification, Separation, Combined Pyrometallurgical and Hydrometallurgical Process, Smelting.

By Geography: North America (USA and Canada), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific), Latin America (Brazil, Mexico and Rest of Latin America), Middle East and Africa (South Africa, GCC and Rest of Middle East and Africa).

Volkswagen Group announced in March 2019 that it has entered into battery cell production. The company is all set to invest one billion euros for the same. It also wants to set up production in Germany at the Salzgitter site in Lower Saxony depending on the political circumstances. Volkswagen will be accepting 1,200 tons of used automotive lithium-ion batteries per year.

American Manganese Inc., a diversified exploration and development company, based in Canada, announced in March 2019 that it has signed an MoU with Ames Laboratory, a national laboratory for new research in various domains. This will aid in sharing an interest in the exploration of an EV battery material recycling option. The U.S. Department of Energy announced in January 2019 that it will be investing $20.5 million for lithium-ion battery recycling.

Gain More Insights into the Lithium Ion Battery Recycling Market Research Report:

Contact Us:

Fortune Business Insights(TM) Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.


US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245


About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM), we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lithium Ion Battery Recycling Market 2020 Size Report | by Top Key Players as Australian Battery Recycling Initiative, Umicore, Battery Recycling Made Easy, American Manganese Inc., etc here

News-ID: 1965918 • Views: 1453

More Releases from Fortune Business Insights(TM)

RTD Coffee Market: How the Business Will Grow in 2026 ? Prominent Players: Pepsi …
The global RTD coffee market boasts an unparalleled distribution channel in the Asia Pacific, which as per Fortune Business Insights is a key factor supporting its expansion in the region. In its report, titled "Ready to Drink Coffee Market Size, Share and Industry Analysis By Packaging Material (Glass and PET Bottles, Cans), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail), and Regional Forecast 2018-2025", Fortune Business Insights has found that
Why the Probiotics Market is set to explode? Top Companies: o Danone S.A., Lalle …
According to the recent report published by Fortune Business Insights, titled "Probiotics Market Size, Share and Global Trend By Microbial Genus (Lactobacillus, Bifidobacteria, Yeast), By Application (Functional Food and Beverage, Dietary Supplement, Animal Feed), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail), and Geography Forecast till 2025," the market was valued at USD 42.55 billion in 2017 and is projected to reach USD 74.69 billion by the end
COVID-19 Impact on Abrasives Market in 2020 - Know the Forecast Demand till 2026 …
Abrasives Market Drivers, Influencer and Restraints The increasing demand for abrasives in the automotive industry will have a positive impact on the abrasives market growth. Moreover, coated and non-woven abrasives are both used to refinish auto bodies. Therefore, the surge in the sales of automobiles will boost the abrasives market revenue during the forecast period. Furthermore, the growing auto-export in countries such as India will fuel demand abrasives in the
Plastics Market Affects due to Coronavirus Pandemic | Know The Short and Long-Te …
Fortune Business Insights(TM) recently published a research report titled, "Plastics Market, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene, and Others), By End-Use Industry (Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics, Textile, and Others), and Regional Forecast, 2019-2026". Global Plastics Market Recent Growth Factors, Trends, Size, Share and Forecast to 2026The report

All 5 Releases

More Releases for Lithium

Global Lithium Compounds Market Report
The analysis undertaken by GME showed that the Global Lithium Compounds Market is projected to show tremendous growth of 20.1%CAGR during the forecast period.The increasing production of hybrid and electric vehicles and the growing use of portable electronic devicesare driving the growth of the industry. Browse 129 Market Data Tables and 96 Figures spread through 182 Pages and in-depth TOC on "Lithium Compounds Market - Forecast to 2026" By Derivative (Lithium
Lithium- ion Capacitor Market
Lithium-ion Capacitor Market is likely to experience dynamic growth in the forthcoming years as a result of rapid innovations and technological advancements, along with speedy globalization. Lithium-ion Capacitor Market size is forecasted to reach the Highest Revenue by 2027. According to a report published by Fortune Business Insights, titled “Lithium- ion Capacitor market size, share & industry analysis, By Product Type (High Voltage Type, Low Voltage Type), By End-Use (Electronics, Aerospace, Automobile, Power,
Lithium Market Report 2018: Segmentation by Type (Anhydrous Lithium Hydroxide, L …
Global Lithium market research report provides company profile for FMC, Orocobre Limited, Albemarle, SQM and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the basis of product
Lithium Polymer Battery Market
Lithium polymer (LiPo) battery or more accurately known as lithium ion polymer battery is a rechargeable battery found in a pouch format. LiPo battery uses polymer electrolyte instead of commonly used liquid electrolyte. This battery primarily works on the principle of de-intercalation and intercalation of lithium ions from positive electrode materials to negative electrode materials. For the purpose of providing detailed analysis, global lithium polymer battery market can be segmented
Global Lithium Metal Market 2018- FMC Lithium, Rockwood Lithium GmbH, NCCP, Ganf …
The Global Lithium Metal Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Lithium Metal industry. Firstly, Lithium Metal Market report provides a basic overview of the Lithium Metal industry including definitions, classifications, applications and Lithium Metal industry chain structure. Global Lithium Metal Market analysis is provided for the international market including development history, Lithium Metal industry competitive landscape analysis, and major regions
Lithium Niobate Market : just published
Lithium Niobate Market Asia-Pacific Lithium Niobate market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Lithium Niobate for these regions, from