Global Lithium-ion Battery Recycling Market Report 2023: Exploring the Latest Trends, Opportunities, and Future Outlook until 2028

Report Insights: The Global Lithium-ion Battery Recycling market size was USD 1979.8 million and it is expected to reach USD 19380 million by the end of 2026, with a CAGR of 38.1% during 2021-2026.

The “Lithium-ion Battery Recycling Market” research industry plays a crucial role in helping businesses make informed decisions about their industry segments by product type (LiCoO2 Battery, NMC Battery, LiFePO4 Battery, Other) and applications (Automotive, Marine, Industrial, Electric Power). With the increasing competition in various industries, businesses need to have a good understanding of their target market, competition, and consumer preferences to gain a competitive advantage. Lithium-ion Battery Recycling market research provides businesses with valuable insights into consumer behavior, industry trends, and market dynamics, allowing them to identify opportunities for growth and make strategic business decisions. The industry has seen significant growth in recent years, with the advent of new technologies and the increasing availability of data. As businesses continue to prioritize customer-centricity and data-driven decision-making, the demand for market research services is expected to grow further in the coming years.

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What are the Key Industry Advancement and Future Outlook of Lithium-ion Battery Recycling Market?

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 USD 1979.8 million and it is expected to reach USD 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 a 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.

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Which are the prominent Lithium-ion Battery Recycling Market players across the Globe?

This report focuses on the global Lithium-ion Battery Recycling status, future forecast, growth opportunity, key market, and key players. 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

And more…

Market Segment Analysis:

The research report includes specific segments by Type and by Application. This study provides information about sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid market growth.

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

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Market segment by Regions/Countries, this report covers:

• North America
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America

Global Lithium-ion Battery Recycling Market: Drivers and Restrains:

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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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 plans and strategies.
• To define, describe and forecast the market by type, market, and key regions.
• To assess the growth potential for Lithium-ion Battery Recycling
• To assess Lithium-ion Battery Recycling market competitive factors affecting the marketplace

Key Questions Answered in The Report:

• What are the key vendors' key advantages and disadvantages?
• Who are the top key players, and what are their major business strategies for the near future?
• In the upcoming year, how will the market increase in price and measurement?
• What are the main driving factors in the market?
• What are the main market trends influencing the expansion of the global market?
• What are the Major factors affecting the market shares of the world's most prosperous regions?
• What impact has the Russia-Ukraine Crisis had on the contemporary business?
• In the global market, who are the major players, and what are their business strategies?
• What are the market challenges and risks associated with employing carriers in the global market?

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Detailed TOC of Lithium-ion Battery Recycling Market Report Are:

1 Lithium-ion Battery Recycling Market Overview

1.1 Product Overview and Scope of Lithium-ion Battery Recycling

1.2 Lithium-ion Battery Recycling Segment by Type

1.3 Lithium-ion Battery Recycling Segment by Application

1.4 Global Lithium-ion Battery Recycling Market by Region

1.5 Global Lithium-ion Battery Recycling Growth Prospects

2 Market Competition by Manufacturers

2.1 Global Lithium-ion Battery Recycling Production Capacity Market Share by Manufacturers (2015-2020)

2.2 Global Lithium-ion Battery Recycling Revenue Share by Manufacturers (2015-2020)

2.3 Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.4 Global Lithium-ion Battery Recycling Average Price by Manufacturers (2015-2020)

2.5 Manufacturers Lithium-ion Battery Recycling Production Sites, Area Served, Product Types

2.6 Lithium-ion Battery Recycling Market Competitive Situation and Trends

3 Production Capacity by Region

3.1 Global Production Capacity of Lithium-ion Battery Recycling Market Share by Regions (2015-2020)

3.2 Global Lithium-ion Battery Recycling Revenue Market Share by Regions (2015-2020)

3.3 Global Lithium-ion Battery Recycling Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.4 North America Lithium-ion Battery Recycling Production

3.4.1 North America Lithium-ion Battery Recycling Production Growth Rate (2015-2020)

3.4.2 North America Lithium-ion Battery Recycling Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.5 Europe Lithium-ion Battery Recycling Production

3.5.1 Europe Lithium-ion Battery Recycling Production Growth Rate (2015-2020)

3.5.2 Europe Lithium-ion Battery Recycling Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.6 China Lithium-ion Battery Recycling Production

3.6.1 China Lithium-ion Battery Recycling Production Growth Rate (2015-2020)

3.6.2 China Lithium-ion Battery Recycling Production Capacity, Revenue, Price and Gross Margin (2015-2020)

3.7 Japan Lithium-ion Battery Recycling Production

3.7.1 Japan Lithium-ion Battery Recycling Production Growth Rate (2015-2020)

3.7.2 Japan Lithium-ion Battery Recycling Production Capacity, Revenue, Price and Gross Margin (2015-2020)

4 Global Lithium-ion Battery Recycling Consumption by Regions

4.1 Global Lithium-ion Battery Recycling Consumption by Regions

4.1.1 Global Lithium-ion Battery Recycling Consumption by Region

4.1.2 Global Lithium-ion Battery Recycling Consumption Market Share by Region

4.2 North America

4.2.1 North America Lithium-ion Battery Recycling Consumption by Countries

4.2.2 U.S.

4.2.3 Canada

4.3 Europe

4.3.1 Europe Lithium-ion Battery Recycling Consumption by Countries

4.3.2 Germany

4.3.3 France

4.3.4 U.K.

4.3.5 Italy

4.3.6 Russia

4.4 Asia Pacific

4.4.1 Asia Pacific Lithium-ion Battery Recycling Consumption by Region

4.4.2 China

4.4.3 Japan

4.4.4 South Korea

4.4.5 Taiwan

4.4.6 Southeast Asia

4.4.7 India

4.4.8 Australia

4.5 Latin America

4.5.1 Latin America Lithium-ion Battery Recycling Consumption by Countries

4.5.2 Mexico

4.5.3 Brazil

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5 Production, Revenue, Price Trend by Type

5.1 Global Lithium-ion Battery Recycling Production Market Share by Type (2015-2020)

5.2 Global Lithium-ion Battery Recycling Revenue Market Share by Type (2015-2020)

5.3 Global Lithium-ion Battery Recycling Price by Type (2015-2020)

5.4 Global Lithium-ion Battery Recycling Market Share by Price Tier (2015-2020): Low-End, Mid-Range and High-End

6 Global Lithium-ion Battery Recycling Market Analysis by Application

6.1 Global Lithium-ion Battery Recycling Consumption Market Share by Application (2015-2020)

6.2 Global Lithium-ion Battery Recycling Consumption Growth Rate by Application (2015-2020)

7 Company Profiles and Key Figures in Lithium-ion Battery Recycling Business

8 Lithium-ion Battery Recycling Manufacturing Cost Analysis

8.1 Lithium-ion Battery Recycling Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Key Raw Materials Price Trend

8.1.3 Key Suppliers of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.3 Manufacturing Process Analysis of Lithium-ion Battery Recycling

8.4 Lithium-ion Battery Recycling Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

9.1 Marketing Channel

9.2 Lithium-ion Battery Recycling Distributors List

9.3 Lithium-ion Battery Recycling Customers

10 Market Dynamics

10.1 Market Trends

10.2 Opportunities and Drivers

10.3 Challenges

10.4 Porter's Five Forces Analysis

11 Production and Supply Forecast

11.1 Global Forecasted Production of Lithium-ion Battery Recycling (2021-2026)

11.2 Global Forecasted Revenue of Lithium-ion Battery Recycling (2021-2026)

11.3 Global Forecasted Price of Lithium-ion Battery Recycling (2021-2026)

11.4 Global Lithium-ion Battery Recycling Production Forecast by Regions (2021-2026)

12 Consumption and Demand Forecast

12.1 Global Forecasted and Consumption Demand Analysis of Lithium-ion Battery Recycling

12.2 North America Forecasted Consumption of Lithium-ion Battery Recycling by Country

12.3 Europe Market Forecasted Consumption of Lithium-ion Battery Recycling by Country

12.4 Asia Pacific Market Forecasted Consumption of Lithium-ion Battery Recycling by Regions

12.5 Latin America Forecasted Consumption of Lithium-ion Battery Recycling

13 Forecast by Type and by Application (2021-2026)

13.1 Global Production, Revenue and Price Forecast by Type (2021-2026)

13.1.1 Global Forecasted Production of Lithium-ion Battery Recycling by Type (2021-2026)

13.1.2 Global Forecasted Revenue of Lithium-ion Battery Recycling by Type (2021-2026)

13.1.2 Global Forecasted Price of Lithium-ion Battery Recycling by Type (2021-2026)

13.2 Global Forecasted Consumption of Lithium-ion Battery Recycling by Application (2021-2026)

14 Reseach Finding and Conclusion

15 Methodology and Data Source

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