Lithium-ion Battery Recycling Market Size and Competitive Analysis Report 2025

1. Market overview: The global lithium-ion battery recycling market is foreseen to grow at an average annual growth rate of 10.4%. Lithium-ion batteries contain a series of toxic chemicals and heavy metals, and their useful life is 5 to 10 years. Recycling of these lithium-ion batteries is becoming essential to prevent future shortages and to prevent environmental pollution. Recent developments: The US Department of Energy announced an investment of US$ 25 million in the recycling of lithium-ion batteries to increase the capture rate from 85 to 90 percent. In 2020, 46% of batteries sold in the EU were collected for recycling. Recently, the demand for lithium-ion batteries in China has increased due to the increased deployment of energy storage systems and the adoption of electric vehicles. Market Drivers and Restraints: The growing demand for portable electronic products such as laptops, smartphones, tablets and digital cameras is expected to lead the battery recycling market due to the increased demand for batteries for these electronic products. The lifespan of portable electronics is approximately 2 to 5 years. Therefore, the battery used in this product will not be usable after the life cycle of this product has expired. At present, the recycling of lithium-ion batteries is mainly carried out at an industrial and commercial level. The disposal of these batteries in the dump will interrupt the recycling process due to the difficulty of classifying them. Therefore, low awareness among end-users is presumed to limit the lithium-ion battery recycling market in the coming years. To know more read: https://www.marketdataforecast.com/market-reports/lithium-ion-battery-recycling-market Report is segmented as: The global lithium-ion battery recycling market is broken down by type, source, end user, application and region. By type, the market is divided into lead acid, silver oxide, lithium ions and nickel cadmium. Based on industry sources, divided into cars, customers, electronic products, etc. By end-users, market classifications are reuse, repackaging, second life, extraction and disposal. Geographical Segmentation: By regions, the lithium-ion battery recycling market can be divided into North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Europe dominated the global lithium-ion battery recycling market in 2018. However, the Asia-Pacific market is expected to expand at a significant rate during the forecast period, mainly due to growing demand for batteries in developing countries and increasing awareness of recycling in the region. Key market players: Major players in the global lithium-ion battery recycling market include Call2Recycle, Inc., Battery Solutions LLC, Exide Technologies, East Penn Manufacturing Company, Retriev

2. Technologies, Inc., EnerSys, Johnson Controls, Inc., Gravita India Ltd., G & P Batteries. And Umicore NV View sample and decide: https://www.marketdataforecast.com/market-reports/lithium-ion-battery-recycling- market#request_sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well- informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/