Global Lithium-Ion Battery Recycling Market Size, Share, Growth Insights and Report 2024-2031 | Umicore, Glencore, Retriev Technologies

The Global Lithium-Ion Battery Recycling Market reached USD 6.1 billion in 2022 and is expected to reach USD 20.4 billion by 2031, growing with a CAGR of 22.3% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Lithium-Ion Battery Recycling Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Lithium-Ion Battery Recycling is the process of recovering valuable elements from used lithium-ion batteries, which are widely used in electronic products, electric vehicles, and renewable energy storage systems. Recycling attempts to lessen environmental effect, conserve natural resources, and eliminate hazardous waste generated by battery disposal. The recycling process typically begins with the collection, transportation, and disassembly of batteries, followed by mechanical separation, pyrometallurgical treatment, and hydrometallurgical operations to extract essential elements such as lithium, cobalt, nickel, and graphite. These recovered elements can subsequently be utilized to make new batteries or other products, supporting a circular economy and lowering the demand for virgin materials. Effective lithium-ion battery recycling is vital for sustainable battery management, especially with the demand for electric vehicles.

Key Developments:

On April 11, 2023, Glencore partnered with Iberdrola, a renewable energy firm and FCC, a FCC Servicios Medio Ambiente subsidiary in order to offer litium-ion battery recycling solutions in Portugal and Spain.

On February 15, 2021, Li-Cycle Holdings Corp., an Ontario based corporation and Peridot Acquisition Corporation, a Cayman Islands exempted company and Li-Cycle Corp., an Ontario corporation entered into the business combination agreement to invest in each other by purchasing shares of each other. The companies intend to benefit from each other's resources with this agreement mutually.

Research Process:

Both primary and secondary data sources have been used in the global Lithium-Ion Battery Recycling Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the Lithium-Ion Battery Recycling Market:

Glencore, Raw Materials Company, Umicore, Neometals Ltd, American Manganese Inc., Retriev Technologies, Li-Cycle Corp, SNAM (A subsidiary of Floridienne Group), TES and Duesenfeld GmbH.

Segment Covered in the Lithium-Ion Battery Recycling Market:

By Battery Chemistry (Lithium-Manganese Oxide, Lithium-Nickel Manganese Cobalt, Lithium-Iron Phosphate, Lithium-Titanate Oxide, Lithium-Nickel Cobalt Aluminum Oxide)

By Technology (Hydrometallurgy Process, Pyrometallurgy Process, Mechanical Process, Others )

By End-User ( Automotive, Marine, Industrial, Power, Others)

Regional Analysis:

The global Lithium-Ion Battery Recycling Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Lithium-Ion Battery Recycling Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Lithium-Ion Battery Recycling Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Lithium-Ion Battery Recycling manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Lithium-Ion Battery Recycling in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

Q1) How Big is the Lithium-Ion Battery Recycling Market?

A) Global Lithium-Ion Battery Recycling Market reached USD 6.1 billion in 2022 and is expected to reach USD 20.4 billion by 2031

Q2) Who are the key players of Lithium-Ion Battery Recycling Market?

A) Glencore, Raw Materials Company, Umicore, Neometals Ltd, American Manganese Inc., Retriev Technologies, Li-Cycle Corp, SNAM (A subsidiary of Floridienne Group), TES and Duesenfeld GmbH.

Q3) What are the regions covered in this report?

A) The global Lithium-Ion Battery Recycling Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa

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