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NEW YORK , Dec. 16, 2021 /PRNewswire/ -- The "lithium-ion battery recycling market by Source (Non-mobility and Mobility) and Geographic (APAC and ROW) - Forecast and Analysis 2021-2025" has been added to Technavio's offering.
Do you know the lithium-ion battery recycling market size is expected to reach a value of USD 1.11 billion between 2020 and 2025?
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The non-mobility segment is expected to be the leading segment based on source in the global market during the forecast period.
Stringent government regulations and EPA guidelines that limit environmental hazards are the major trends in the market.
Growing at a CAGR of 17.76%, the incremental growth of the market is anticipated to be USD 1.11 billion .
American Manganese Inc., American Zinc Recycling, Glencore Plc, Li-Cycle Holdings Corp., Neometals Ltd, Raw Materials Co. Inc., Recupyl Sas, Retriev Technologies, Sistemas de Tubo Ambiental SA de CV, and Umicore are some of the major market participants.
Increase in demand for electric vehicles is one of the major factors driving the market. However, the safety issues related to the storage and transportation of spent batteries restraints the market growth.
The APAC region will contribute 85% of market growth.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. American Manganese Inc., American Zinc Recycling, Glencore Plc, Li-Cycle Holdings Corp., Neometals Ltd, Raw Materials Co. Inc., Recupyl Sas, Retriev Technologies, Sistemas de Tubo Ambiental SA de CV, and Umicore are some of the major market participants.
In a bid to help players strengthen their market foothold, this lithium-ion battery recycling market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Lithium-Ion Battery Recycling Market 2021-2025: Segmentation
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85% of the market's growth will originate from APAC during the forecast period. China , South Korea (Republic of Korea), and Japan are the key markets for lithium-ion battery recycling in APAC.
Stringent government regulations and EPA guidelines that limit environmental hazards will facilitate the lithium-ion battery recycling market growth in APAC over the forecast period.
Lithium-Ion Battery Recycling Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The lithium-ion battery recycling market report covers the following areas:
The lithium-ion battery recycling market share growth by the non-mobility segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. This report provides insights, which you can use to safely deduce transformation patterns in consumer behavior. This is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
The report provides an accurate prediction of the contribution of all the segments to the growth of the Li-ion battery recycling market size. Furthermore, our analysts have indicated actionable market insights on each segment, which is crucial to predict change in consumer demand.
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Lithium-Ion Battery Recycling Market 2021-2025: Key Highlights
Battery Recycling Market by Battery Chemistry, Battery Source, and Geography - Forecast and Analysis 2021-2025
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Lithium-Ion Battery Recycling Market Scope
Accelerate at a CAGR of 17.76%
China, South Korea (Republic of Korea), Japan, and US
Leading companies, competitive strategies, consumer engagement scope
American Manganese Inc., American Zinc Recycling, Glencore Plc, Li-Cycle Holdings Corp., Neometals Ltd, Raw Materials Co. Inc., Recupyl Sas, Retriev Technologies, Sistemas de Tubo Ambiental SA de CV, and Umicore
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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