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Lithium Battery Recycling Market Size to Hit CAGR of 8.1% By 2027

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Arshad Shaha
Lithium Battery Recycling Market Size to Hit CAGR of 8.1% By 2027

Global Lithium Battery Recycling Market is valued at USD 1467.2 Million in 2020 and expected to reach USD 2735.9 Million by 2027 with a CAGR of 8.1% over the forecast period.


Key Players for Lithium-ion Battery Recycling-
Some major key players for global lithium-ion battery recycling market are Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy Corp, OnTo Technology and Others.

Scope of Global Lithium-ion Battery Recycling Market Reports –

Lithium-ion batteries have a number of heavy metals and hazardous chemicals. The disposal of Li-ion batteries has raised a lot of concerns about polluting the environment such as soil pollution and water pollution. The hydrometallurgical recycling process involves a chemical precipitation methodology that allows scarce minerals to be recovered and delivered to battery manufacturers for reuse in the production of new batteries. The lithium-ion batteries are first made safe for mechanical treatment, with plastics, aluminium and copper separated and directed to their own recycling processes.

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Global lithium-ion battery recycling market report is segmented on the basis of product type, application, and by regional & country level. Based on product type, global lithium-ion battery recycling market is classified as the LiCoO2 Battery, NMC Battery, LiFePO4 Battery and Other. Based upon application, global lithium-ion battery recycling market is classified into automotive, marine, industrial and electric power.

Key Benefits for Global Lithium-ion Battery Recycling Market Reports–
Global Lithium-ion Battery Recycling Market report covers in depth historical and forecast analysis.
Global Lithium-ion Battery Recycling Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Lithium-ion Battery Recycling Market report helps to identify opportunities in market place.
Global Lithium-ion Battery Recycling Market report covers extensive analysis of emerging trends and competitive landscape.

Global Lithium-ion Battery Recycling Market Segmentation –

By Product Type

  • LiCoO2 Battery
  • NMC Battery
  • LiFePO4 Battery
  • Other

By Application

  • Automotive
  • Marine
  • Industrial
  • Electric Power

Get Full Report @ https://brandessenceresearch.com/chemical-and-materials/lithium-ion-battery-recycling-market-industry-analysis

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