Global Lithium ion Battery Recycling
Market Report
2025
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
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According to Cognitive Market Research, the global Lithium-ion Battery Recycling market size will be USD 3.85 billion in 2024. It will expand at the compound annual growth rate (CAGR) of 21.67% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Split by Source |
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Market Split by Battery Chemistry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Lithium ion Battery Recycling industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Lithium ion Battery Recycling Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Lithium-ion battery recycling refers to the process of recovering valuable materials from used or discarded lithium-ion batteries, which are commonly used in electronic devices, electric vehicles, and energy storage systems. The recycling process typically involves dismantling the batteries, separating the different materials, and then refining and purifying the valuable metals, such as lithium, cobalt, nickel, and copper, so that they can be reused in the production of new batteries or other products. The goal of lithium-ion battery recycling is to reduce waste, conserve natural resources, and minimize the environmental impact of battery production and disposal.
The increasing awareness of the negative environmental impact of discarded batteries is driving the demand for recycling. Recycling lithium-ion batteries reduces the amount of waste in landfills and conserves natural resources. The rising adoption of electric vehicles is driving the demand for lithium-ion batteries. As the number of electric vehicles on the road increases, so does the demand for recycling, as these batteries have a limited lifespan. Many governments around the world are implementing regulations and incentives to encourage the recycling of lithium-ion batteries. This includes legislation mandating recycling and financial incentives for companies that recycle batteries.
The increasing demand for lithium-ion battery recycling is expected to increase significantly as the adoption of electric vehicles and energy storage systems continues to grow. This presents a significant opportunity for companies that can provide efficient and cost-effective recycling solutions. The development of new recycling technologies, such as hydrometallurgical and pyrometallurgical processes, presents an opportunity for companies to differentiate themselves in the market and provide more efficient and effective recycling solutions will further create lucrative opportunities for the market.
While some governments have implemented regulations to encourage recycling, many countries still lack clear regulations around the disposal and recycling of lithium-ion batteries. This can create uncertainty and hinder the growth of the lithium-ion battery recycling market.
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Mercedes-Benz, GEM Co., Ltd., and modern Amperex Technology Co., Limited have agreed to work together on recycling.
In February 2023, A memorandum of understanding for the recycling of cobalt, nickel, manganese, and lithium metals from used EV batteries of Mercedes-Benz and their remanufacture into battery cathode materials was signed by Contemporary Amperex Technology Co., Limited, Mercedes-Benz, and GEM Co., Ltd.
Top Companies Market Share in Lithium ion Battery Recycling Industry: (In no particular order of Rank)
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Europe has the largest revenue share in the lithium-ion battery recycling market. Environmental laws and increasing car demand are driving the expansion of the Asia Pacific market. The Asia Pacific market is being driven in part by rising pollution levels in developing nations like China and India.
The current report Scope analyzes Lithium ion Battery Recycling Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Lithium ion Battery Recycling Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Lithium ion Battery Recycling Industry growth. Lithium ion Battery Recycling market has been segmented with the help of its Source, Battery Chemistry , and others. Lithium ion Battery Recycling market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on Source, the automotive segment has the largest revenue share in the lithium-ion battery recycling market. The recycling of used lithium-ion batteries has been prompted by growing environmental concerns and resource depletion. Lithium-ion battery recycling has financial advantages, such as reducing reliance on nations with copper and lithium reserves for the supply of raw materials for automotive.
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Based on battery chemistry, Lithium-nickel Manganese Cobalt (Li-NMC) have the leading segment in the lithium-ion battery recycling market. Due to the exponential growth in the sales of electric vehicles, which is anticipated to lead to a sizable amount of end-of-life Li-NMC batteries, the market for recycling Li-NMC batteries is expanding
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Lithium ion Battery Recycling Market is witnessing significant growth in the near future.
In 2023, the Non-Automotive segment accounted for noticeable share of global Lithium ion Battery Recycling Market and is projected to experience significant growth in the near future.
The Lithium-nickel Manganese Cobalt (Li-NMC) segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Glencore (Switzerland) , Cirba Solutions (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Source | Non-Automotive, Automotive |
Battery Chemistry | Lithium-nickel Manganese Cobalt (Li-NMC), Lithium-iron Phosphate (LFP), Lithium-manganese Oxide (LMO), Lithium-titanate Oxide (LTO), Lithium-nickel Cobalt Aluminum Oxide (NCA) |
List of Competitors | Glencore (Switzerland), Umicore (Belgium), Cirba Solutions (US), Contemporary Amperex Technology Co Ltd. (China) RecycLiCo Battery Materials Inc. (Canada), Accurec Recycling GmbH (Germany), American Battery Technology Company (US), Ecobat (US), Fortum (Finland), Gem Co. Ltd (China), Aqua Metals Inc. (US), Li-Cycle Corp (Canada), Neometals Ltd (Australia) |
This chapter will help you gain GLOBAL Market Analysis of Lithium ion Battery Recycling. Further deep in this chapter, you will be able to review Global Lithium ion Battery Recycling Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Source Analysis 2019 -2031, will provide market size split by Source. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Source Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Battery Chemistry Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Lithium ion Battery Recycling market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Non-Automotive have a significant impact on Lithium ion Battery Recycling market? |
What are the key factors affecting the Non-Automotive and Automotive of Lithium ion Battery Recycling Market? |
What is the CAGR/Growth Rate of Lithium-nickel Manganese Cobalt (Li-NMC) during the forecast period? |
By type, which segment accounted for largest share of the global Lithium ion Battery Recycling Market? |
Which region is expected to dominate the global Lithium ion Battery Recycling Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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