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Latest Lithium-ion Battery Recycling Market Size Estimation, Industry Demand, Growth Trend, Chain Structure, Supply and Demand Forecast (2020-2030)
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The Lithium-Ion Battery Recycling Market is estimated at USD 1.5 Billion in 2019 and projected to grow from USD 12.2 Billion in 2025 to USD 18.1 Billion by 2030, at a CAGR of 8.2% from 2025 to 2030. This report spread across 146 Pages, Profiling 15 Companies and Supported with 72 Tables and 27 figures is now available in this research.
Top Key Players Profiled in the Lithium-ion Battery Recycling Market:
• Umicore (Belgium)
• Glencore (Switzerland)
• Retriev Technologies (US)
• Raw Materials Company (Canada)
• American Zinc Recycling (INMETCO) (US)
• Battery Recycling Made Easy (US)
Based on end use, the automotive segment accounted for the largest share of the lithium-ion battery recycling market in 2018. Within the industry segment, automotive plays a major role in the contribution of spent lithium-ion batteries for the recycling market due to the high penetration of electrically driven vehicles in the growing economies.
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The lithium-nickel manganese cobalt (Li-NMC) segment accounted for the largest share of the lithium-ion battery recycling market in 2018. This large share is mainly attributed to the material being cost-effective and the key functional properties, which make it a preferred material, especially for the automotive industry.
The North America region is projected to lead the lithium-ion battery recycling market from 2019 to 2024 in terms of both, value and volume. The presence of major electric vehicle manufacturers in the region such as Tesla, Inc., General Motors Company, and Ford Motor Company, among others, ensures a continuous supply of EVs leading to the accumulation of end-of-life LIBs, thereby propelling the LIB recycling market.
Competitive Landscape of Lithium-ion Battery Recycling Market:
1 Overview
2 Competitive Landscape Mapping, 2019
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Competitive Benchmarking
3.1 Strength of Product Portfolio
3.2 Business Strategy Excellence
4 Market Ranking of Key Players
5 Competitive Scenario
5.1 Acquisitions
5.2 Expansions
5.3 Agreements
5.4 Partnerships
5.5 Collaborations
5.6 New Technology Launches
5.7 New Technology Developments
5.8 Investments
5.9 Contracts
5.10 New Process Launches
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Research Coverage:
The report defines, segments, and projects the lithium-ion battery recycling market based on end use, battery chemistry, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges.
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