Global Lithium-ion Battery Recycling Market Size, Status and Forecast 2020-2026

Growth Prospects and Emerging Trends

Global Lithium-ion Battery Recycling Market Size, Status and Forecast 2020-2026

Press Release

In this report, the Global Lithium-ion Battery Recycling market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Lithium-ion Battery Recycling market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/global-lithium-ion-battery-recycling-market-size-status-and-forecast-2020-2026

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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.

With the continuous development of Li-ion battery and its increasing adoption in a vast industry vertical, a huge requirement for its waste management has emerged up. Moreover, the hiking requirement for Lithium-ion batteries as a major power source in consumer electronic devices and vehicles such as in mobile phones, laptops, tablets and cars is stimulating the future requirement for Lithium–ion battery recycling/ waste management.Overall, the Lithium-ion Battery Recycling market performance is positive, despite the historical fluctuations and weak economic environment.

Market Analysis and Insights: Global Lithium-ion Battery Recycling Market

In 2019, the global Lithium-ion Battery Recycling market size was US$ 1979.8 million and it is expected to reach US$ 19380 million by the end of 2026, with a CAGR of 38.1% during 2021-2026.

Global Lithium-ion Battery Recycling Scope and Market Size

Lithium-ion Battery Recycling market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Lithium-ion Battery Recycling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the Lithium-ion Battery Recycling market is segmented into LiCoO2 Battery, NMC Battery, LiFePO4 Battery, Other, etc.

Segment by Application, the Lithium-ion Battery Recycling market is segmented into Automotive, Marine, Industrial, Electric Power, etc.

Regional and Country-level Analysis

The Lithium-ion Battery Recycling market is analysed and market size information is provided by regions (countries).

The key regions covered in the Lithium-ion Battery Recycling market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape and Lithium-ion Battery Recycling Market Share Analysis

Lithium-ion Battery Recycling market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Lithium-ion Battery Recycling business, the date to enter into the Lithium-ion Battery Recycling market, Lithium-ion Battery Recycling product introduction, recent developments, etc.

The major vendors include Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy Corp, OnTo Technology, etc.

This report focuses on the global Lithium-ion Battery Recycling status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Lithium-ion Battery Recycling development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Umicore

GEM

Brunp Recycling

SungEel HiTech

Taisen Recycling

Batrec

Retriev Technologies

Tes-Amm(Recupyl)

Duesenfeld

4R Energy Corp

OnTo Technology

Market segment by Type, the product can be split into

LiCoO2 Battery

NMC Battery

LiFePO4 Battery

Other

Market segment by Application, split into

Automotive

Marine

Industrial

Electric Power

Market segment by Regions/Countries, this report covers

North America

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global Lithium-ion Battery Recycling status, future forecast, growth opportunity, key market and key players.

To present the Lithium-ion Battery Recycling development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Lithium-ion Battery Recycling are as follows:

History Year: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Browse full research report at https://www.crystalmarketreport.com/global-lithium-ion-battery-recycling-market-size-status-and-forecast-2020-2026

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