The lithium-ion battery is of a high energy and high power density, which always continue the demand in global market. Increase in demand for EDVs along with it growing demand for recycled products and materials are some key aspects that drive the lithium-ion battery recycling market. Also, growing demand for smart devices and other industrial good will increase demand for battery recycling market. Safety issues related to storage and transportation of spent batteries are restraints for lithium-ion battery recycling market. Subsidies to encourage battery recycling and declining Prices of lithium-Ion batteries increases adoption in new applications and recycling after end of life are some opportunities for lithium-ion battery recycling market . Dearth of technologies for the extraction of lithium from spent lithium-based batteries are challenges for lithium-ion battery recycling market .
Increase in consumption of consumer electronics and rising investments in the development of electric vehicles are some key opportunities for the lithium-ion battery recycling market. The growing demand for lithium-iron phosphate batteries for high-power devices and equipment, including transportation (EV’s) and lightweight marine batteries is one of the key aspects leads the growth of the lithium-ion battery recycling market globally.
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The Major Market Player Included in This Report are:
– Umicore
– Glencore
– Retriev Technologies
– Raw Materials Company (RMC)
– International Metals Reclamation Company (INMETCO)
– Metal Conversion Technologies (MCT)
– American Manganese (AMI)
– Sitrasa
– Li-Cycle Technology
– TES-AMM
The “Global Lithium-ion battery recycling market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of Lithium-ion battery recycling with detailed market segmentation by chemistry, and industry type. The global Lithium-ion battery recycling market is expected to witness high growth during the forecast period. The report provides key statistics on the Lithium-ion battery recycling market and offers key trends and opportunities in battery market.
The Lithium-ion battery recycling market is segmented on the basis of chemistry, and industry. On the basis of chemistry, market is segmented as lithium-nickel manganese cobalt, lithium-iron phosphate, lithium-manganese oxide, LTO, NCA, and LCO. On the basis of industry market is segmented as automotive, marine, industrial, power.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Lithium-ion battery recycling market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global Lithium-ion battery recycling market by each region is later sub-segmented by respective countries and segments.
The report analyzes factors affecting Lithium-ion battery recycling market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Pest analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological effecting the Lithium-ion battery recycling market in these regions.
The reports cover key developments in the Lithium-ion battery recycling market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Lithium-ion battery recycling market are anticipated to lucrative growth opportunities in the future with the rising demand for Lithium-ion battery recycling in the global market. Below mentioned is the list of few companies engaged in the Lithium-ion battery recycling market .
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The report also includes the profiles of Lithium-ion battery recycling market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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