NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The "Lithium-Ion
Battery Recycling Market by Source and Geography - Forecast and
Analysis 2021-2025" report has been added to Technavio's
offering.
The lithium-ion battery recycling market size is expected to
increase by USD 1.11 billion, at a CAGR of almost 18%
from 2020 to 2025.
Market Dynamics
Factors such as increase in demand for electric vehicles,
stringent government regulations and EPA guidelines that limit
environmental hazards will be crucial in driving the growth of the
market. But the safety issues related to the storage and
transportation of spent batteries will restrict the market
growth.
The effective use of lithium-ion batteries in biomedical devices
is expected to open multiple growth opportunities for players in
the market. But the restrictions on transporting lithium-ion
batteries by air might impact the business of vendors during the
forecast period.
Company Profiles
The lithium-ion battery recycling market report provides
complete insights on key vendors including 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.
Competitive Analysis
The lithium-ion battery recycling market report includes
the competitive analysis, which analyzes and evaluates the position
of companies based on their industry position score and market
performance score. Some of the factors considered for analysis are
financial performance over the last 3 years, growth strategies,
innovation score, new product launches, investments, growth in
market share, etc.
Market Segmentation
- By Source, the market is classified into non-mobility and
mobility. The market demand from the non-mobility segment will
be significant during the forecast period.
- By Geography, the market is classified as APAC and ROW. APAC
will have the largest share of the market.
Related Reports:
Global Lithium Iron Phosphate Battery Market -
Global lithium iron phosphate battery market is segmented by
application (automotive, consumer electronics, utilities, and
others) and geography (APAC, Europe, North
America, South America, and
MEA).
Download Exclusive Free Sample Report
Global Lithium-ion Battery Market - Global
lithium-ion battery market is segmented by application
(automotive, consumer electronics, utilities, and others) and
geography (APAC, Europe,
North America, South America, and MEA).
Download Exclusive Free Sample Report
Lithium-Ion
Battery Recycling Market Scope
|
Report
Coverage
|
Details
|
Page
number
|
120
|
Base year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum &
CAGR
|
Accelerate at a CAGR
of almost 18%
|
Market growth
2021-2025
|
USD 1.11
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
13.29
|
Regional
analysis
|
APAC and
ROW
|
Performing market
contribution
|
APAC at
85%
|
Key consumer
countries
|
China, South Korea
(Republic of Korea), Japan, and US
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
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
|
Market
Dynamics
|
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 the forecast
period.
|
Customization
purview
|
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 focus 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.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/usd-1-11-bn-growth-in-lithium-ion-battery-recycling-market--driven-by-increasing-demand-for-evs--technavio-301410297.html
SOURCE Technavio