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What's Driving the Lithium-ion Battery Recycling Market Growth? Umicore, Glencore, Retriev Technologies, Raw Materials Company (RMC), International Metals Reclamation Company

02-06-2020 04:09 PM CET | Energy & Environment

Press release from: Premium Market Insights

Lithium-ion Battery Recycling Market

Lithium-ion Battery Recycling Market

Global Lithium-ion Battery Recycling Market is valued approximately USD 2.2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 22.1 % over the forecast period 2019-2026. Lithium ion batteries are used in vast quantities in electronic and household devices. These batteries are widely used in end use industries owing to its high energy density, high voltages and low weight to volume ratio.

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Key Players:
Umicore, Glencore, Retriev Technologies, Raw Materials Company (RMC), International Metals Reclamation Company (INMETCO), Metal Conversion Technologies (MCT), American Manganese (AMI), Sitrasa, TES-AMM, Li-Cycle Technology

Lithium-ion Battery Recycling Market Segmentation:

By Chemistry:
Lithium-nickel Manganese Cobalt (NMC)
Lithium-iron Phosphate (LFP)
Lithium-manganese Oxide Spinal(LMO)
Lithium-titanate Oxide (Li-TO)
Lithium-nickel Cobalt Aluminum Oxide (NCA)
Lithium-cobalt Oxide (Li-CO)

By Industry:
Automotive
Power
Marine
Industrial

The key companies operating in the Lithium-ion Battery Recycling market along with their revenues, market size, key business strategy, key technology strategy, and recent developments is mentioned in the report. In addition to this, valuable recommendations on the opportunities players in the market can tap on is presented in the report. This will help clients to gain a competitive edge in the Lithium-ion Battery Recycling Market.

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What is the Regional Framework of Lithium-ion Battery Recycling Market?

The regional analysis of global Lithium-ion Battery Recycling market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia pacific is the leading/significant region across the world in terms of market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising growing automotive industry, need for industrial applications would create lucrative growth prospects for the Lithium-ion Battery Recycling market across Asia-Pacific region.

Finally, all aspects of the Global Lithium-ion Battery Recycling Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market research provides important information and actual data about the market that provides an overall statistical study of this market based on market drivers, limitations and future prospects. This report presents international economic competition with the help of Porter's five forces analysis and SWOT analysis.

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