Global Lithium-Ion Battery Recycling Market 2024-2028
The lithium-ion battery recycling market is forecasted to grow by USD 3000.26 mn during 2023-2028, accelerating at a CAGR of 21.81% during the forecast period. The report on the lithium-ion battery recycling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in demand for EVs, government support for lithium-ion battery recycling, and increasing urbanization in emerging markets.
Technavio's lithium-ion battery recycling market is segmented as below:
By Source
By Method
- Hydrometallurgical
- Physical and mechanical
- Pyrometallurgical
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the opening of new battery recycling facilities as one of the prime reasons driving the lithium-ion battery recycling market growth during the next few years. Also, rising stewardship collaboration for battery recycling and widening lithium supply-demand gap will lead to sizable demand in the market.
The report on the lithium-ion battery recycling market covers the following areas:
- Lithium-ion battery recycling market sizing
- Lithium-ion battery recycling market forecast
- Lithium-ion battery recycling market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium-ion battery recycling market vendors that include Akkuser Oy, Battery Solutions LLC, Befesa SA, Contemporary Amperex Technology Co. Ltd., Duesenfeld GmbH, Ecobat LLC, Fortum Oyj, GEM Co. Ltd., Glencore Plc, Gopher Resource LLC, Li Cycle Holdings Corp., Neometals Ltd., Onto Technology LLC, RecycLiCo Battery Materials Inc, Sistemas de Tubo Ambiental SA de CV, Tata Chemicals Ltd., TES Singapore Pte Ltd., Umicore SA, Veolia Environnement SA, and Lithion Recycling. Also, the lithium-ion battery recycling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth