The global market for Lithium-Ion Battery Recycling is estimated at US$6.0 Billion in 2023 and is projected to reach US$23.9 Billion by 2030, growing at a CAGR of 21.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the lithium-ion battery recycling market is driven by several factors. Firstly, the rising adoption of electric vehicles and renewable energy systems is leading to an increased generation of spent lithium-ion batteries. Secondly, stringent environmental regulations and policies promoting sustainable waste management are encouraging the development of efficient recycling solutions. Thirdly, advancements in recycling technologies are improving the recovery rates and economic feasibility of extracting valuable materials from spent batteries.
Additionally, the growing awareness of resource conservation and the need to reduce dependency on mined raw materials are driving the demand for recycled battery materials. Furthermore, significant investments by industry players and governments in recycling infrastructure and research and development are supporting the expansion of the lithium-ion battery recycling market.
The growth in the lithium-ion battery recycling market is driven by several factors. Firstly, the rising adoption of electric vehicles and renewable energy systems is leading to an increased generation of spent lithium-ion batteries. Secondly, stringent environmental regulations and policies promoting sustainable waste management are encouraging the development of efficient recycling solutions. Thirdly, advancements in recycling technologies are improving the recovery rates and economic feasibility of extracting valuable materials from spent batteries.
Additionally, the growing awareness of resource conservation and the need to reduce dependency on mined raw materials are driving the demand for recycled battery materials. Furthermore, significant investments by industry players and governments in recycling infrastructure and research and development are supporting the expansion of the lithium-ion battery recycling market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Lithium-Nickel Manganese Cobalt (Li-NMC) Recycling segment, which is expected to reach US$15.1 Billion by 2030 with a CAGR of a 23.2%. The Lithium-Iron Phosphate (LFP) Recycling segment is also set to grow at 19.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.2 Billion in 2023, and China, forecasted to grow at an impressive 26.1% CAGR to reach $7.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Lithium-Ion Battery Recycling Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Lithium-Ion Battery Recycling Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Lithium-Ion Battery Recycling Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amit Industries Ltd. (Amicell), American Manganese, Inc., Attero, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 69 Featured):
- Amit Industries Ltd. (Amicell)
- American Manganese, Inc.
- Attero
- Accurec Recycling GmbH
- Aqua Metals, Inc.
- Call2Recycle, Inc.
- Blue Star Recyclers
- A Better Way Computer Recycling, LLC
- A3 Aprofitament Assessorament Ambiental
- Akkuser Oy
- Anhua Taisen Recycling Technology Co. Ltd.
- ARCA Recycling, Inc.
- Battronics AG
- Bodawerk
- 4R Energy Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANCHINAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
EUROPE
ASIA-PACIFIC
Companies Mentioned
- Amit Industries Ltd. (Amicell)
- American Manganese, Inc.
- Attero
- Accurec Recycling GmbH
- Aqua Metals, Inc.
- Call2Recycle, Inc.
- Blue Star Recyclers
- A Better Way Computer Recycling, LLC
- A3 Aprofitament Assessorament Ambiental
- Akkuser Oy
- Anhua Taisen Recycling Technology Co. Ltd.
- ARCA Recycling, Inc.
- Battronics AG
- Bodawerk
- 4R Energy Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 419 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 6 Billion |
| Forecasted Market Value ( USD | $ 23.9 Billion |
| Compound Annual Growth Rate | 21.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
