Lithium-Ion Battery Recycling Market Growth by 2027 Involving Prominent Players Such as INTERNATIONAL METALS RECLAMATION COMPANY, LLC, Li-Cycle Corp, Neometals Ltd, RETRIEV TECHNOLOGIES INC., RECUPYL, TES (SINGAPORE) PTE LTD and Others

This research report will give you deep insights about the Lithium-Ion Battery Recycling Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, analysis, etc.

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The Lithium-Ion Battery Recycling market was valued at US$ 403.8 million in 2019 and it is anticipated to reach US$ 1,392.8 million by 2027; it is expected to grow at a CAGR of 19.6% during 2020–2027.

The key players profiled in this study includes Ecobat Technologies, AMERICAN MANGANESE INC., Fortum, GEM CO., LTD, INTERNATIONAL METALS RECLAMATION COMPANY, LLC, Li-Cycle Corp, Neometals Ltd, RETRIEV TECHNOLOGIES INC., RECUPYL, TES (SINGAPORE) PTE LTD

The state-of-the-art research on Lithium-Ion Battery Recycling market, which is a detailed analysis of business space inclusive of the current market trends, competitive background, and size of the market. Encircling one or more parameters among analysis of the product, application potential, and global and regional growth strategies.

Lithium-ion batteries are found in large proportion. They are becoming crucial among industries, including automotive, mining, and consumer electronics. Smartphones, cordless power tools, laptops, tablets, grid-energy storage, and electric vehicles are the prominent applications where lithium-ion batteries are used at a massive rate. Companies, such as Tesla and Envirostream, are taking necessary steps to promote lithium-ion batteries. For instance, in November 2020, Lithium Australia’s subsidiary – Envirostream, has signed an agreement to supply SungEel HiTech, a South Korean firm, with metals to manufacture recycled batteries. Envirostream would provide energy metals—such as nickel, lithium, and cobalt—extracted from recycled lithium-ion batteries out of Australia to SungEel HiTech, who would later use these minerals to deliver environmentally sustainable technology projects. Similarly, Tesla to boasts largest lithium-ion battery at the Hornsdale site in South Australia. This project would contribute in improving the energy sector.

Several countries worldwide have declared a state of emergency as COVID-19 continues to spread. Besides the urgent “cities closure” in European, American, and Asian countries, key manufacturing industries in India, Malaysia, Philippines, and other Southeast Asian nations have announced closures in succession, which is expected to bring challenges to the supply side of several industries such as automotive, marine, industrial, and electric and electronics, among others. The long-term impact of COVID-19 is still unknown. However, the shutdown of the critical material supply chain has affected the battery manufacturing industry. The declining price of oil has attracted several consumers to buy gasoline-powered automobiles. Also, fluctuating shifts, tariffs, economic and environmental policies, and prolonged trade conflicts among the US and China had disrupted raw material supply chains and shifted some manufacturing and recycling facilities to Europe and Japan. Yet, the electric energy storage demand stays high for personal electronics and cars, as well as renewable energy efforts rely on available battery banks in their primary aim to decarbonize the energy supply, distribute it, and make it cheaper. Thus, the COVID-19 pandemic is anticipated to have a short-term negative impact on the Lithium-Ion Battery Recycling market.

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Table of Contents:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Lithium-Ion Battery Recycling Market Landscape

5. Lithium-Ion Battery Recycling Market - Key Market Dynamics

6. Lithium-Ion Battery Recycling Market - Global Market Analysis

7. Lithium-Ion Battery Recycling Market - Revenue and Forecasts to 2027 - Product Type

8. Lithium-Ion Battery Recycling Market - Revenue and Forecasts to 2027 - Application

9. Lithium-Ion Battery Recycling Market - Revenue and Forecasts to 2027 - Compound

10. Lithium-Ion Battery Recycling Market Revenue and Forecasts to 2027 - Geographical Analysis

11. Industry Landscape

12. Lithium-Ion Battery Recycling Market, Key Company Profiles

13. Appendix

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