Know About Lithium-Ion Battery Recycling with ERI Direct

Growth factors like finite resources of lithium and rising preference for electric vehicles (EVs) are projected to propel the lithium-ion battery recycling market growth, with a CAGR of 18.3%, during the forecast period (2020–2030).

In addition to the limited amount of lithium, along with mining leads to water pollution due to leakage of chemicals in water sources, recycling of battery is becoming prevalent as there is no alternative substance that has functional characteristics like lithium.As for the segmentation of the lithium-ion battery recycling market, the categories under battery type segment include lithium– nickel–manganese–cobalt oxide (NMC), lithium–nickel–cobalt–aluminum oxide (NCA), lithium-ion–manganese oxide (LMO), lithium–iron phosphate (LFP), and lithium–cobalt oxide (LCO).

Out of these, the LCO category is expected to display the largest share in the market during the forecast period, owing to the widening application of LCO batteries in portable consumer electronics like tablets, mobile phones, and laptops.

These batteries offer benefits such as long life, high-energy density, and high-voltage discharge.Globally, the Asia-Pacific (APAC) lithium-ion battery recycling market will account for the largest share in coming years, due to the surging popularity of EVs in Indonesia, China, the Philippines, and Vietnam.

Further, the presence of some of the major players in the region will add to the revenue share of the regional market.

Their presence leads to the easy availability of salvaged materials like lithium, cobalt, nickel, and manganese.

Lithium-ion battery recycling market is referred to be the less toxic batteries which are easy to recycle and reuse.

With the growing use of lithium ion batteries in various consumer products the danger of explosion and their disposal has become tough.

The vast growing applications of lithium ion batteries in the end-use industries such as power generation, automotive, marine, etc.

are boosting the market for lithium ion battery recycling globally.Europe lithium-ion battery recycling market is expected to register a healthy CAGR in the forecast period of 2019-2026.Europe Lithium-Ion Battery Recycling Market report also reviews top market players, major collaborations, mergers and acquisitions along with trending innovation and business policies.

This is a professional and in depth market report which underlines primary and secondary drivers, market share, possible sales volume, leading segments and geographical analysis.

A competitor analysis study is a fundamental aspect of any market research report which considers the strong and weak points of the competitors and also analyses their strategies with respect to product and market.

The Report published on UpMarketResearch.com about “Lithium-ion Battery Recycling Market” is spread across 117 pages and provides newest industry data, market future trends, allowing you to identify the products and end users driving Revenue growth and profitability.

The industry report lists and studies the leading competitors, also provides the insights with strategic industry Analysis of the key factors influencing the marketLithium-ion Battery Recycling Market Research Report is a professional and in-depth study on the current state which focuses on the major drivers and restraints for the key players.

Lithium-ion Battery Recycling Industry research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.Get FREE Exclusive PDF Sample Copy Of This Report @ https://www.upmarketresearch.com/home/requested_sample/644The report begins with the overview of the Lithium-ion Battery Recycling Market and updates the users about the latest developments and future expectations.

It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.Gain Full Access of Lithium-ion Battery Recycling Market Report along with complete TOC @ https://www.upmarketresearch.com/reports/Global-Lithium-ion-Battery-Recycling-Industry-Market-Analysis-Forecast-2018-2023In this report, there is a healthy amount of coverage of the market economies such as the demand and supply, cost and profit of the Lithium-ion Battery Recycling Market.

This holds key importance for users and hence this information is well supported with due statistics that are represented in easy to consume graphs, charts, and tables.The report compiles exhaustive information obtained via proven research methodologies and from trusted sources within the industries.The report segments the Global Lithium-ion Battery Recycling market as:Regional Segment Analysis (Regional Consumption Volume, Consumption Volume, Revenue and Growth Rate 2013-2023):North AmericaEuropeChinaJapanSoutheast AsiaIndia Product Type Segment Analysis (Consumption Volume, Average Price, Revenue, Market Share and Trend 2013-2023):Lithium-nickel Manganese CobaltLithium-iron PhosphateOthersApplication Segment Analysis (Consumption Volume and Market Share 2013-2023; Downstream Customers and Market Analysis)AutomotiveMarineOthersKey Players/Competitor Segment Analysis (Company and Product introduction, Lithium-ion Battery Recycling Market Sales Volume, Revenue, Price and Gross Margin):Umicore (Belgium)Glencore (Switzerland)Retriev Technologies (US)Raw Materials Company (Canada)American Zinc Recycling (INMETCO) (US)Battery Recycling Made Easy (US)company 7company 8company 9...Key Reasons to Purchase:To gain insightful analyses of the market and have a comprehensive understanding of the Lithium-ion Battery Recycling and its commercial landscape.Assess the Lithium-ion Battery Recycling production processes, major issues, and solutions to mitigate the development risk.To understand the most affecting driving and restraining forces in the Lithium-ion Battery Recycling market and its impact on the global market.Learn about the market strategies that are being adopted by your competitors and leading organizations.To understand the future outlook and prospects for Lithium-ion Battery Recycling MarketBrowse more reports:Global E-waste Recycling Market Industry Analysis & Forecast 2018-2023Global Mobile Value-Added Services Market Industry Analysis & Forecast 2018-2023Customization of the Report:UpMarketResearch provides free customization of reports as per your need.

Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.About UpMarketResearch:Up Market Research (https://www.upmarketresearch.com) is a leading distributor of market research report with more than 800+ global clients.

Lithium-Ion Battery Recycling Market: An OverviewThe global lithium-ion battery recycling market is forecast to surpass USD 17.21 billion by 2027, reports a new market analysis by Reports and Data.

Raw materials required for the manufacture lithium-ion battery are limited, whereas the demand is extensive thanks to demand from different end-users like automotive, power, and consumer electronics.

Hence, the expansion of marketplace for lithium-ion battery recycling is accelerating throughout the world.Increasing application of lithium-ion batteries in laptops and cell phones also as in automotive application are the driving factors that have propelled the expansion of the global lithium-ion battery recycling market.

Greater demand of those vehicles has led to a price hike in battery materials like cobalt and lithium.

Recycling of battery materials can make production for li-ion batteries comparatively cheaper hence making the recycling of lithium-ion battery market more profitable.Request Free Sample: https://www.reportsanddata.com/sample-enquiry-form/2033The power sector is projected to register the very best CAGR from 2017 to 2027.

The EU produces nearly 24 kilos of electrical and electronic waste per citizen annually, which incorporates industrially used lithium.

The advent of batteries has facilitated the portability of several devices and limited the usage of wired connections.

Lithium-ion battery was first invented by John Goodenough in 1980, and since its emergence, it has become an integral part of technological developments in various fields.

Rechargeable lithium-ion batteries have brought a technological revolution in various applications starting from high-powered energy storage devices and electric buses to handheld electronic devices.

Since the last 40 years of this innovation, lithium-ion batteries have been used in a varied range of products such as electric vehicles, mobile phones, laptops, and power tools.The staggering adoption of lithium-ion batteries portrays that it may continue being a prominent source of clean energy, at least till the next decade, especially in the electro mobility field.

The surge in the consumption of lithium-ion batteries further emphasizes on the disposal of batteries that have reached their end-of-life.

Most batteries end up in landfill and become a threat to the environment, which leads to the requirement of recycling them.The global deployment of lithium-ion batteries has increased rapidly and has been witnessed in a wide variety of products – from smaller electrical and electronic devices to large energy storage device and automotive vehicles.