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At CAGR 19.6% Lithium-Ion Battery Recycling Market sales to Grow US$ 1,392.8 Million by 2027

07-16-2021 08:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Lithium-Ion Battery Recycling Market

Lithium-Ion Battery Recycling Market

A new market study report by The Insight Partners on the Lithium-Ion Battery Recycling Market has been released with reliable information and accurate forecasts for a better understanding of the current and future market scenarios. The report offers an in-depth analysis of the global market, including qualitative and quantitative insights, historical data, and estimated projections about the market size and share in the forecast period. The forecasts mentioned in the report have been acquired by using proven research assumptions and methodologies. Hence, this research study serves as an important depository of the information for every market landscape. The report is segmented on the basis of types, end-users, applications, and regional markets.

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What is Lithium-Ion Battery Recycling?

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.

The region comprises several developing economies, such as China, India, and other southeast countries as well as developed economies, such as Japan. The government bodies in the region are taking initiatives to promote use of electric vehicles with an aim to lower harmful impact of gases, such as carbon dioxide, on environment.

The Emerging Players in the Lithium-Ion Battery Recycling Market 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

An Overview of the Impact of COVID-19 on this Market:
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Lithium-Ion Battery Recycling Market which would mention How the Covid-19 is Affecting the Lithium-Ion Battery Recycling Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Lithium-Ion Battery Recycling Players to fight Covid-19 Impact.

Europe is another crucial market for the growth of lithium-ion battery recycling market over the forecast period. As the region houses major automotive manufacturers, the scope of developing electric vehicles is high in the region. Germany, France, and the UK are prominent countries having presence of key automotive manufacturers. This aspect is anticipated to contribute toward the production cycle of electric vehicles, thereby boosting the use of lithium-ion batteries.

The global lithium-Ion battery recycling market has been segmented as follows:

Lithium-Ion Battery Recycling Market – by Battery Chemistry
• Lithium-Nickel Manganese Cobalt
• Lithium-Iron Phosphate
• Lithium-Manganese Oxide
• Lithium-Titanate Oxide
• Lithium-Nickel Cobalt Aluminum Oxide

Lithium-Ion Battery Recycling Market – by Industry
• Automotive
• Mining
• Consumer Electronics
• Industrial
• Power

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Lithium-Ion Battery Recycling market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Lithium-Ion Battery Recycling market segments and regions.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Lithium-Ion Battery Recycling market.

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Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 10+ companies.

Contact US:
If you have any queries about this report or would like further information, please contact us:
North America: +1 646 491 9876
Asia-Pacific: +91 20 6727 8686
Email: sales@theinsightpartners.com

ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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