Lithium-Ion Battery Recycling Market to Exhibit a Remarkable CAGR of 20.45% by 2030, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the global lithium-ion battery recycling market, which was USD 4,781 million in 2022, would rocket up to USD 21,184 million by 2030 and is expected to undergo a CAGR of 20.45% during the forecast period. "Active material" dominates the component segment of the market due to its critical role and high value in the battery composition. Active materials are the key components responsible for storing and releasing energy in lithium-ion batteries.

Market Definition:

The industry segment focuses on the collection, processing, and reuse of end-of-life lithium-ion batteries. It encompasses the activities and services involved in extracting valuable materials from spent batteries, such as lithium, cobalt, nickel, and other metals, and preparing them for reuse in producing new batteries or other applications. This market involves stakeholders, including battery manufacturers, recycling companies, technology providers, regulatory bodies, and end-users. The primary goal of the global lithium-ion battery recycling market is to reduce the environmental impact of battery disposal, conserve valuable resources, and promote a sustainable approach to battery management.

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Some of the major players operating in the global lithium-ion battery recycling market are:

• Umicore N.V. (Belgium)
• Retriev Technologies Inc. (U.S.)
• Li-Cycle Corp. (Canada)
• American Manganese Inc. (Canada)
• GEM Co., Ltd. (China)
• Recupyl S.A.S. (France)
• Raw Materials Company Inc. (Canada)
• Neometals Ltd. (Australia)
• Accurec Recycling GmbH (Germany)
• Glencore International AG (Switzerland)
• G&P Batteries (U.K.)
• Battery Recycling Made Easy (U.S.)
• Brunp Recycling (China)

Competitive Landscape and Global Lithium-Ion Battery Recycling Market Share Analysis:

The global lithium-ion battery recycling market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.

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