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Lithium-ion Battery Recycling Market Analysis and Trends by 2026

An extensive study of the product application and services conducted by subject matter experts assessing the global Lithium-ion Battery Recycling market will help product owners to make a wise decision.

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Lithium-ion Battery Recycling Market Analysis and Trends by 2026

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  1. Lithium-ion Battery Recycling Market To Reach USD 13.61 Billion By 2026

  2. Market Summary The global lithium-ion battery recycling marketis forecast to reach USD 13.61 Billion by 2026, according to a new report by Reports and Data. Raw materials used to manufacture lithium-ion battery are limited, whereas the demand is sky high from different end-users such as automotive, power, and consumer electronics, among others. Furthermore, the materials used in the batteries are hazardous to the environment. Reusing the utilized materials in the lithium-ion battery further helps in the preservation of resources; hence, the market for lithium-ion battery recycling is gaining popularity throughout the world. The market for lithium-ion battery recycling is influenced by the rising demand for electric as well as hybrid electric vehicles where lithium-ion batteries are used extensively. Adoption of these vehicles results in a price hike of battery materials such as cobalt and lithium, hence making the recycling of lithium-ion battery industries more profitable. • Further key findings from the report suggest: • Lithium Iron Phosphate (LFP) battery type is forecasted to grow with the highest CAGR of 27.2% during the forecast period. These batteries have a high demand in high power devices, including the transportation of electric vehicles and lightweight marine batteries hence driving the market for lithium-ion battery recycling. • Hydrometallurgical process segment held the largest share of 42.1% in 2018. This process is considered the most suitable process for the recycling of spent lithium-ion batteries due to low capital cost and more environment-friendly nature than pyrometallurgy process.

  3. Market Summary Key Players: Umicore, Glencore, Retriev Technologies, Raw Materials Company, American Zinc Recycling (INMETCO), Battery Recycling Made Easy, Brunp Recycling, SungEelHiTech, Taisen Recycling, and 4R Energy Corp among others For the purpose of this report, Reports and Data have 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; 2016-2026) 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) Fill in your details to get your hands on an Exclusive Sample of this Report @ https://www.reportsanddata.com/sample-enquiry-form/2033

  4. Market Summary End-use Industries Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Automotive Marine Power Industrial Others Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) North America Europe Asia Pacific China MEA Latin America Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/2033

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market

  6. 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. 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. Contact Us: 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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