Middle East and Africa Lithium-Ion Battery Recycling Market - Industry Trends and Forecast to 2030
Middle East and Africa Lithium-Ion Battery Recycling Market, By Component (Active Material and Non-Active Material), Chemistry (Lithium-Nickel Manganese Cobalt (Li-NMC), Lithium Cobalt Oxide (LCO), Lithium-Manganese Oxide (LMO), Lithium-Iron Phosphate (LFP), Lithium-Nickel Cobalt Aluminum Oxide (NCA), Lithium-Titanate Oxide (LTO)), Recycling Process (Hydrometallurgical Process, Pyrometallurgy Process, Physical/ Mechanical Process) – Industry Trends and Forecast to 2029
Market Definition
Lithium-ion battery comprises lithium-ions that move from the negative electrode to the positive electrode through the electrolyte during charging and move backward at the time of charging. These batteries are rechargeable and commonly used in consumer electronics and automobiles. It consists of four components cathode, anode, separator and electrolyte. The anode helps in storing and releasing lithium ions from the cathode, enabling the passing of current through an external circuit. The cathode acts as a source of lithium ions which determines the capacity and average voltage of the battery. An electrolytic is basically the medium that helps in the movement of the ions. Separator basically helps in preventing contact between the cathode and anode. Aluminum foils are used as a current collector for cathodes, and copper foils are used as a current collector for anodes. The combination of all four components makes up a cell that is used to power various applications. With the cluster of cells module is formed, and with a cluster of modules, a pack is formed. Lithium-ion batteries offer high energy density, voltage capacity and lower self-discharge rate than other rechargeable batteries. This makes them highly suitable for a wide range of applications.
Market Segmentation
The Middle East & Africa lithium-ion battery recycling market is segmented into three notable segments, which are based on component, chemistry, and recycling process:
• On the basis of component, the global lithium-ion battery recycling market is segmented into active material and non-active material
• On the basis of chemistry, the global lithium-ion battery recycling market has been segmented into below lithium-nickel manganese cobalt (Li-NMC), lithium cobalt oxide (LCO), lithium-manganese oxide (LMO), lithium-iron phosphate (LFP), lithium-nickel cobalt aluminum oxide (NCA), and lithium-titanate oxide (LTO)
• On the basis of recycling process, the global lithium-ion battery recycling market has been segmented into hydrometallurgical process, pyrometallurgy process, and physical/ mechanical process
Market Players
Some of the major players operating in the Middle East & Africa lithium-ion battery recycling market are:
• ANDRITZ
• Contemporary Amperex Technology Co., Limited
• Dubatt
• ECOBAT
• GEM Co., Ltd.
• Glencore
• Green Land Recycling LLC
• Lithion Recycling
• Nickelhütte Aue GmbH
• Tata Chemicals Ltd.
• Umicore
• Veolia
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Please note: This publisher does offer titles that are created upon receipt of order. The report will take approximately 15-20 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook