Global Rechargeable Lithium-ion Battery (LIB) Recycling Market Growth 2023-2029

Global Rechargeable Lithium-ion Battery (LIB) Recycling Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Rechargeable Lithium-ion Battery (LIB) 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 analyzes the strategies of leading global companies with a focus on Rechargeable Lithium-ion Battery (LIB) Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rechargeable Lithium-ion Battery (LIB) Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rechargeable Lithium-ion Battery (LIB) 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 Rechargeable Lithium-ion Battery (LIB) Recycling.

The global Rechargeable Lithium-ion Battery (LIB) Recycling market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Rechargeable Lithium-ion Battery (LIB) Recycling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Rechargeable Lithium-ion Battery (LIB) Recycling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Rechargeable Lithium-ion Battery (LIB) Recycling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Rechargeable Lithium-ion Battery (LIB) Recycling players cover Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl) and Duesenfeld, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Rechargeable Lithium-ion Battery (LIB) Recycling market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
LiCoO2 Battery
NMC Battery
LiFePO4 Battery
Others

Segmentation by application
Automotive
Marine
Electric Power
Others

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
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
Lithion Recycling
Li-Cycle
AkkuSer
NAWA Technologies
Green Li-ion
Northvolt
Ganfeng Lithium
Reedwood Materials
Primobius
Battery Solutions
American Battery Technology
Accurec Recycling
Neometals
Fortum
SungEel MCC Americas
Redux GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rechargeable Lithium-ion Battery (LIB) Recycling market?

What factors are driving Rechargeable Lithium-ion Battery (LIB) Recycling market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Rechargeable Lithium-ion Battery (LIB) Recycling market opportunities vary by end market size?

How does Rechargeable Lithium-ion Battery (LIB) Recycling break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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