Global Lithium-ion Battery Recycling Market: Emerging Trends, Major Key Players Tesla, Snam SPA and Umicore

According to the report, The Global Lithium-ion Battery Recycling is expected to be valued at $X Billion by 2028 and is anticipated to grow at a CAGR of more than 9% from 2020 to 2028. The vehicle industry is transitioning to cleaner, more sustainable fuels. In the transportation sector, there is a strong reliance on oil as a fuel, which is raising worries among both environmentalists and economists. Electric vehicles are more prominent due to growing environmental awareness. Because of the extensive use of EDVs, lithium-ion batteries are becoming more popular, which are necessary for ensuring a continuous power supply. The market for electric vehicles is predicted to develop as a result of factors such as energy efficiency, pollution reduction, and customer adoption. The development of superior battery technology and reduced maintenance requirements for lithium-ion batteries has led to an increase in the number of electric vehicles on the road.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global LITHIUM-ION BATTERY RECYCLING industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Lithium-ion Battery Recycling market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Lithium-ion Battery Recycling players holding highest market share include Tesla, Snam SPA, Umicore, Tes - Amm India Pvt. Ltd and Recupyl. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Tesla, Snam SPA
• Umicore
• Tes - Amm India Pvt. Ltd
• Recupyl
• Innovative battery recycling
• Global Technology Systems, Inc
• ACCUREC Recycling GmbH
• AKKUSER OY & DIGITOIMISTO ROI
• American Manganese Inc
• Ganfeng Lithium Co

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of LITHIUM-ION BATTERY RECYCLING Market:
o LiCoO2 Battery
o NMC Battery
o LiFePO4 Battery
o Other

Market Segment By battery chemistry with focus on market share, consumption trend, and growth rate of LITHIUM-ION BATTERY RECYCLING Market:
o Lithium-Nickel Manganese Cobalt (Li-NMC)
o Lithium-Iron Phosphate (LFP)
o Lithium-Manganese Oxide (LMO)
o Lithium-Titanate Oxide (LTO)
o Lithium-Nickel Cobalt Aluminum Oxide (NCA)

Market Segment By end use with a focus on market share, consumption trend, and growth rate of LITHIUM-ION BATTERY RECYCLING Market:
o Automotive
o Marine
o Industrial
o Electric Power

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Global Lithium-ion Battery Recycling Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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