Global Lithium-ion Battery Recycling Market Expected to Witness a Sustainable Growth over 2023

Battery recycling is a recycling activity that aims to reduce the number of batteries being disposed as municipal solid waste. Batteries contain a number of heavy metals and toxic chemicals and disposing of them by the same process as regular trash has raised concerns over soil contamination and water pollution.

Lithium-ion batteries and lithium iron phosphate (LiFePO4) batteries often contain among other useful metals high-grade copper and aluminium in addition to - depending on the active material - transition metals cobalt and nickel as well as rare earths. To prevent a future shortage of cobalt, nickel, and lithium and to enable a sustainable life cycle of these technologies, recycling processes for lithium batteries are needed. These processes have to regain not only cobalt, nickel, copper, and aluminium from spent battery cells, but also a significant share of lithium. In order to achieve this goal, several unit operations are combined into complex process chains, especially considering the task to recover high rates of valuable materials with regard to involved safety issues.

LPI (LP Information)' newest research report, the "Lithium-ion Battery Recycling Industry Forecast" looks at past sales and reviews total world Lithium-ion Battery Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Lithium-ion Battery Recycling sales for 2023 through 2029. With Lithium-ion Battery Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium-ion Battery Recycling industry.

This Insight Report provides a comprehensive analysis of the global Lithium-ion Battery Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium-ion Battery Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lithium-ion Battery Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium-ion Battery Recycling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium-ion Battery Recycling.

The global Lithium-ion Battery Recycling market size is projected to grow from US$ 2487.7 million in 2022 to US$ 25610 million in 2029; it is expected to grow at a CAGR of 39.5% from 2023 to 2029.

Global Lithium-ion Battery Recycling key players include Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, etc. Global top five manufacturers hold a share about 15%.

China is the largest market, with a share about 35%, followed by North America and Europe, both have a share about 30 percent.
In terms of product, LiCoO2 Battery is the largest segment, with a share over 65%. And in terms of application, the largest application is Electric Power, followed by Automotive.

This report presents a comprehensive overview, market shares, and growth opportunities of Lithium-ion Battery Recycling market by product type, application, key players and key regions and countries.

Key Questions Addressed in this Report
What is the 10-year outlook for the global Lithium-ion Battery Recycling market?
What factors are driving Lithium-ion Battery Recycling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lithium-ion Battery Recycling market opportunities vary by end market size?
How does Lithium-ion Battery Recycling break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/455190/lithium-ion-battery-recycling-outlook-2029

Strategic Points Covered in TOC:
Chapter 1: Scope of Lithium-ion Battery Recycling, Research Methodology, etc.
Chapter 2: Executive Summary, global Lithium-ion Battery Recycling market size (sales and revenue) and CAGR, Lithium-ion Battery Recycling market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Lithium-ion Battery Recycling sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Lithium-ion Battery Recycling sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Lithium-ion Battery Recycling market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Lithium-ion Battery Recycling.
Chapter 14: Research Findings and Conclusion

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