Li-ion Battery Recycling Market

1. Li-ion Battery Recycling Market Projected to Register CAGR to 2023-2029 The global li-ion battery recycling market is anticipated to grow at a CAGR of 18.5% during the forecast period. The cohesive government efforts to support li-ion battery recycling are key factors driving the growth of the global li-ion battery recycling market. For instance, in Europe, some government projects such as the new EU-funded project ECO2LIB launched in January 2020, which is concerned about the viable production and recycling of Li-ion batteries. The project is supervised by VARTA Microbattery GmbH, Germany and completed by international experienced scientific institutes and OEMs. The ECO2LIB project is the successor of the Sintbat project, which was concerned with supplying an energy- efficient, cost-effective, maintenance-free, lithium-ion-based energy storage system. Within the project, ACCUREC will lead the work package for recycling and the investigation of an innovative recycling route, with cost-effectiveness as well as higher material efficiency. To Request a Sample of our Report on Li-ion Battery Recycling Market https://www.omrglobal.com/request-sample/li-ion-battery-recycling-market Further, in January 2019, the Department of Energy launched a Lithium-Ion Battery Recycling Prize to develop technologies to profitably capture 90.0% of all lithium-based battery technologies in the US. This is aimed at encouraging American entrepreneurs to find innovative solutions for collecting, storing, and transporting discarded lithium-ion batteries for eventual recycling. Such initiatives and efforts by the government and non-government organizations tend to drive the growth of the market. A full Report of Li-ion Battery Recycling Market https://www.omrglobal.com/industry-reports/li-ion-battery-recycling-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered-    By Component By Recycling Process By End-Use Regions Covered-      North America Europe Asia-Pacific Rest of the World Competitive Landscape- EnerSys, Umicore N.V., Exide Technologies, Aqua Metals, Inc., and Glencore plc. Key questions addressed by the report          What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? How COVID-19 impacted the market? Deviation from the pre-COVID-19 forecast Most affected region and segment Who is the leader in the market? How are players addressing challenges to sustain growth? Where is the investment opportunity? Global Li-ion Battery Recycling Market Report by Segment By Component   Active Non- Active By Recycling Process    Hydrometallurgical Process Pyrometallurgy Process Physical/Mechanical Process By End-Use   Automotive Non-Automotive

2. For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/li-ion-battery-recycling-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404