Global Lithium-ion Battery Recycling Solution Market 2024-2028

Global Lithium-ion Battery Recycling Solution Market 2024-2028

The lithium-ion battery recycling solution market is forecasted to grow by USD 12.02 bn during 2023-2028, accelerating at a CAGR of 19.85% during the forecast period. The report on the lithium-ion battery recycling solution 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 increasing adoption of EVs globally, growing government support for lithium-ion battery recycling, and rising scarcity of materials used in lithium-ion batteries.

Technavio's lithium-ion battery recycling solution market is segmented as below:

By Type

• LiCoO2 battery
• NMC battery
• LiFePO4 battery
• Others

By Application

• Automotive
• Non-automotive

By Geography

• 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 solution market growth during the next few years. Also, adoption of unique approach in battery recycling and launch of consumer battery recycling program by vendors will lead to sizable demand in the market.

The report on the lithium-ion battery recycling solution market covers the following areas:

• Lithium-ion battery recycling solution market sizing
• Lithium-ion battery recycling solution market forecast
• Lithium-ion battery recycling solution 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 solution market vendors that include Accurec Recycling GmbH, ACE Green Recycling Inc., Akkuser Oy, American Battery Technology Co., Ascend Elements Inc., Attero Recycling Pvt. Lyd., Contemporary Amperex Technology Co. Ltd., Duesenfeld GmbH, Ecobat LLC, Fortum Oyj, Ganfeng Lithium Co. Ltd., GEM Co. Ltd., Glencore Plc, Li Cycle Holdings Corp., Lithion Technologies, Neometals Ltd., RecycLiCo Battery Materials Inc., Redwood Materials Inc., Stena Metall Group, Umicore SA, and Veolia Environnement SA. Also, the lithium-ion battery recycling solution 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. Show more