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Lithium-ion Battery Recycling Market Drivers, Industry Growth and Opportunities 2020–2027

Lithium-Ion Battery Recycling Market<br>

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Lithium-ion Battery Recycling Market Drivers, Industry Growth and Opportunities 2020–2027

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  1. Lithium-ion Battery Recycling Market Overview, Industry Top Manufactures, Size, Growth 2020- 2027 www.reportsanddata.com

  2. Market Summary Lithium-Ion Battery Recycling Market: An Overview The global lithium-ion battery recycling market is forecast to surpass USD 17.21 billion by 2027, reports a new market analysis by Reports and Data. The market will grow from USD 2.64 billion in 2019 at a rate of 26.5% over the forecast period. Raw materials required for the manufacture lithium-ion battery are limited, whereas the demand is extensive thanks to demand from different end-users like automotive, power, and consumer electronics. Moreover, the materials utilized in the batteries are hazardous to the environment and therefore hard to discard. Reusing used materials in lithium-ion battery production helps with the preservation of resources. Hence, the expansion of marketplace for lithium-ion battery recycling is accelerating throughout the world. www.reportsanddata.com Increasing application of lithium-ion batteries in laptops and cell phones also as in automotive application are the driving factors that have propelled the expansion of the global lithium-ion battery recycling market. The demand for Li-ion batteries has increased due to greater adoption of the electrical vehicle and deployment of energy storage systems. However, the trend of extraction of battery materials and repacking them are gaining popularity and are therefore a number of the factors affecting the market for lithium-ion recycling positively. Developing economies and regions are precipitously investing in the international lithium-ion battery market and lithium-ion battery recycling market.

  3. Market Summary Lithium-Ion Battery Recycling Market: Regional Outlook North America is among the leading regions for the lithium-ion battery recycling market and is anticipated to witness a rapid growth over the forecast period. Limited availability of raw materials within the region are encouraging manufacturers to resort to recycling li-ion batteries, hence driving the market significantly. Moreover, advancement in technologies that use li-ion batteries which are being more widely used across the region are further driving the expansion of the lithium-ion battery recycling industry. The Asia Pacific lithium-ion battery recycling market is forecast to grow at massive rate over the forecast period. Established lithium-ion battery manufacturers in the region, especially in China and strict government regulations under which the manufacturers are liable for upgrading facilities to gather and recycle spent batteries are likely to fuel market growth the region. www.reportsanddata.com To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report- detail/lithium-ion-battery-recycling-market

  4. Market Summary Lithium-Ion Battery Recycling Market: Segmentation For the purpose of this report, Reports and Data has segmented into the global Lithium-ion Battery Recycling market on the basis of battery type, technology, end-use industries, and region: Battery Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027) Lithium-Nickel Manganese Cobalt (Li-NMC) Lithium Iron Phosphate (LFP) Lithium-Manganese Oxide (LMO) Lithium-Titanate Oxide (LTO) Lithium-Nickel Cobalt Aluminum Oxide (NCA) Lithium-Cobalt Oxide (LCO) www.reportsanddata.com Technology Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027) Hydrometallurgical Process Pyrometallurgy Process Mechanical Process

  5. About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. Contact US Contact US We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. www.reportsanddata.com John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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