Global Power Lithium Battery Recycling Market Growth (Status and Outlook) 2024-2030

Global Power Lithium Battery Recycling Market Growth (Status and Outlook) 2024-2030

Power Lithium Battery refers to the battery used to drive electric vehicles. This type of battery needs to have high energy density, high power density and good cycle life. Currently, the most common type of power battery used in electric vehicles is lithium-ion batteries because they offer excellent energy density and cycle life. The capacity of power batteries will continue to decrease as the number of uses increases. After the power declines to 80%, it will no longer be able to provide power for new energy vehicles and will have to face elimination and can only enter the recycling stage. EV Battery Recycling Service refers to the industry of recycling and processing used power batteries from abandoned electric vehicles. The industry's primary goal is to recycle valuable and hazardous materials in batteries, including lithium, nickel, cobalt, aluminium, etc., so that they can be reused instead of being sent to landfills or incineration facilities. The recycled EV Battery can be reused or dismantled into recyclable materials.

The global Power Lithium Battery Recycling market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Power Lithium Battery Recycling Industry Forecast” looks at past sales and reviews total world Power Lithium Battery Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Lithium Battery Recycling sales for 2023 through 2029. With Power Lithium Battery Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Lithium Battery Recycling industry.

This Insight Report provides a comprehensive analysis of the global Power Lithium Battery Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power Lithium Battery Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Lithium Battery Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Lithium Battery Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Lithium Battery Recycling.

United States market for Power Lithium Battery Recycling is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Power Lithium Battery Recycling is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Power Lithium Battery Recycling is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Power Lithium Battery Recycling players cover Umicore, GER, SDM, Ganfeng Lithium Group, TES-Amm (SK Ecoplant), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Lithium Battery Recycling market by product type, application, key players and key regions and countries.

Segmentation by Type:
Recycling Reuse
Cascade Utilization

Segmentation by Application:
BEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Recycling Reuse
Cascade Utilization

Segmentation by Application:
BEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Umicore
GER
SDM
Ganfeng Lithium Group
TES-Amm (SK Ecoplant)
Li-Cycle
GHTECH
ACCUREC Recycling GmbH
Ecobat
Snam Groupe
Sitrasa
Lithion Technologies
Ascend Elements
Battery Recyclers of America
RecycLiCo
American Battery Technology Company
GANPOWER
Hunan Brunp Recycling Technology
BAIC BluePark New Energy Technology

Please note: The report will take approximately 2 business days to prepare and deliver.