Global Lithium Ion Battery Recycling Market Worth $1467.2M in 2020 and Expected to Reach $2735.9M by 2027 | 8.1% CAGR
Global Lithium Ion Battery Recycling Market: Global Size, Competitive Outlook Historical Analysis and Forecasts 2020-2026 – Expect Growing Demand for Electric Vehicles and Consumer Electronics Including the increase in the automotive industry will stimulate the growth of lithium-ion batteries. Recycling market during the forecast period
Major players for lithium-ion battery recycling-
Some of the key players for the 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 more.
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Lithium-ion batteries contain a large amount of heavy metals and harmful chemicals. Disposing of Li-ion batteries has raised many concerns about environmental pollutants such as soil pollution and water pollution. The hydrometallurgical recycling process involves a chemical precipitation method. It allows rare-earth minerals to be recovered and sent to battery manufacturers for reuse in the production of new batteries. Separating plastic, aluminum and copper into the battery’s own recycling process. This made a great effort to develop electrode materials. Electrolytes and separators for energy storage devices However, concerns about the sustainability of lithium-ion (LIB) and next-generation rechargeable batteries have been ignored. Recycling plays an important role in the overall sustainability of future batteries. and is affected by the properties of the battery This includes environmental hazards and the value of constituent resources.
Global Lithium Ion Battery Recycling Market Segmentation –
By Product Type,
Other LiFePO4 Batteries,
By region and country analysis:
North America (USA, Canada, USA), Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, section rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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