Global Lithium-ion Battery Recycling Market Overview
The Global Lithium-ion Battery Recycling Market report draws accurate insights by examining the latest and prospective industry trends, helping the readers recognize the products and services that are boosting revenue growth and profitability. The study performs a detailed analysis of all the significant factors impacting the market on a global and regional scale, including drivers, constraints, threats, challenges, prospects, and industry-specific trends. Additionally, the report cites worldwide certainties and endorsements, along with a downstream and upstream evaluation of leading participants.
Market Size – USD 2.09 Billion in 2018, Market Growth – CAGR of 26.5%, Market Trends – Government subsidies are encouraging battery recycling.
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The Lithium-ion Battery Recycling market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, production capacity, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.
The market for lithium-ion battery recycling is influenced by the rising demand for electric as well as hybrid electric vehicles where lithium-ion batteries are used extensively. Adoption of these vehicles results in a price hike of battery materials such as cobalt and lithium, hence making the recycling of lithium-ion battery industries more profitable.
Leading Players in the Lithium-ion Battery Recycling Market: Umicore, Glencore, Retriev Technologies, Raw Materials Company, American Zinc Recycling (INMETCO), Battery Recycling Made Easy, Brunp Recycling, SungEel HiTech, Taisen Recycling, and 4R Energy Corp among others.
The Lithium-ion Battery Recycling Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies in order to increase their market share. The vendors engaged in the sector are outlined based on price, quality, brand, product differentiation, and product portfolio. The vendors are gradually expanding their focus on product personalization by way of customer interaction.
Lithium-ion Battery Recycling Market segment by Regions/Countries: United States, Europe, China, Japan, Southeast Asia, India, Central & South America.
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Battery Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Lithium-Nickel Manganese Cobalt (Li-NMC)
- Lithium Iron Phosphate (LFP)
- Lithium-Manganese Oxide (LMO)
- Lithium-Titanate Oxide (LTO)
- Lithium-Nickel Cobalt Aluminum Oxide (NCA)
- Lithium-Cobalt Oxide (LCO)
Technology Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Hydrometallurgical Process
- Pyrometallurgy Process
- Mechanical Process
End-use Industries Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Points Covered in The Report:
- The pivotal aspects considered in the Global Lithium-ion Battery Recycling Market report consist of the leading competitors functioning in the global sector.
- The report also encompasses company profiles prominently positioned in the global market.
- The production, sales, corporate strategies, and the technological capabilities of leading manufacturers are also contained within the report.
- The driving factors for the growth of the Global Lithium-ion Battery Recycling Market are explained exhaustively, along with an in-depth account of the end-users in the industry.
- The report also explains critical application areas of the global sector, curating an accurate description of the market to the readers/users.
- The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of the industry experts and professionals. The experts also evaluate the export/import policies that might be propelling the growth of the Global Lithium-ion Battery Recycling Market.
- The report on the Global Lithium-ion Battery Recycling Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Reasons for Buying Lithium-ion Battery Recycling Market Report:
- The report performs an analysis of the dynamic competitive landscape that can help the reader/client move ahead in the global sector.
- It also presents an in-depth view of the different factors driving or restraining the growth of the global market.
- The Global Lithium-ion Battery Recycling Market report provides an eight-year forecast derived on the basis of the potential growth of the market.
- It helps formulate profitable business decisions by offering thorough insights into the global market and by creating a comprehensive analysis of pivotal market segments and sub-segments.
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