Global Lithium-ion Battery Recycling Market (Updated Version Available)

Global Lithium-ion Battery Recycling Market Size & Trends By Regional(Europe, North America, South America, Asia Pacific, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2021 - 2026

Report ID : RI_438787 | Date : June 2021 | Format : ms word ms Excel PPT PDF

This Report Includes The Most Up-To-Date Market Figures, Statistics & Data
Summarization Of the Report
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.
Lithium-ion Battery Recycling market is fragmented with fierce competition. Umicor is the world leading player in global Lithium-ion Battery Recycling market with the market share of 6.55% in 2018, in terms of revenue, followed by GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy Corp and OnTo Technology. The top 14 listed companies accounted for 20% of the revenue market share in 2018.

The Lithium-ion Battery Recycling market research report discusses the importance of the segments as well as the regional markets. An accurate overview for different segments and regions has been prepared on the basis of the market size as well as the growth rate (CAGR). Different industry professionals and research analysts in various regions have examined and validated the data presented in this research report.

Apart from this, the market research report contains an in-depth analysis of the forecasted data, important developments, and revenues. Further, it contains a thorough analysis of the important strategies undertaken by the leading market players to drive their business growth in the global Lithium-ion Battery Recycling market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

The research analysts have included important aspects, such as future trends, market position, opportunities, threats, challenges, risks, market dynamics, market share as well as entry barriers in this detailed research report. To be specific, this information is being presented in the form of tables, pie charts, product figures, and graphs. This graphical representation will help the readers to understand the market in a proper way.

In addition, the research report highlights crucial information on upstream raw materials, market development trends, downstream client surveys, and marketing channels. Further, it contains recommendations that offer important information on raw material suppliers, traders, distributors, consumers, and manufacturing equipment suppliers with their contact details, in order to perform an in-depth market chain analysis for the global Lithium-ion Battery Recycling market and the energy industry.

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
The report forecast global Lithium-ion Battery Recycling market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2026.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

First, this report covers the present status and the future prospects of the global Lithium-ion Battery Recycling market for 2015-2026.

Market Segmentation
The Lithium-ion Battery Recycling market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology

At the same time, we classify Lithium-ion Battery Recycling according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
LiCoO2 Battery
NMC Battery
Other
Market by Application
Automotive
Marine
Industrial
Electric Power

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Lithium-ion Battery Recycling market for the forecast period 2021 - 2026?
• What are the driving forces in the Lithium-ion Battery Recycling market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Lithium-ion Battery Recycling industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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