The report highlights the current impact of COVID-19 on the Lithium Ion Battery Recycling Market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Lithium Ion Battery Recycling Market according to the impact of COVID-19.
The global Lithium-ion battery recycling Market size was USD 4.6 Billion in 2021 and is expected to register a revenue CAGR of 19.6% during the forecast period, according to latest analysis by Emergen Research. Major drivers influencing market revenue growth include rising consumer demand for Electric Vehicles (EVs), escalating government regulations, rising public awareness of environmental safety, and expanding applications of batteries in cell phones and computers.
Some niche products and services believed to be revenue generators are also included in the report. Apart from this, a wide range of products from various segments and sub-segments expected to present greater opportunities in the Lithium Ion Battery Recycling Market are discussed in the document. Development of new products and substitutes that will completely transform the market dynamics over the forecast period occupies a special section in the report.
Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/lithium-ion-battery-recycling-market
Key players in the market include Umicore, Glencore International AG, Retriev Technologies Inc., Raw Materials Company Inc., American Zinc Recycling, American Manganese Inc., SITRASA, Li-Cycle Corp., Neometals Ltd, Metal Conversion Technologies, TES, Fortum, GEM Co., Ltd, Contemporary Amperex Technology Co. Ltd, Duesenfeld GmbH, and Accurec-Recycling GmbH.
Covid 19 impact analysis:
This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Lithium Ion Battery Recycling Market business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
Research objectives:
The global Lithium Ion Battery Recycling Market report studies the worldwide market consumption rate in terms of value and volume.
It identifies the various sub-segments of the market structure.
It proffers information regarding the leading global manufacturers in this industry, describing their Lithium Ion Battery Recycling Market value & share, sales volume, competitive analysis, SWOT analysis, and development strategies adopted during the forecast timeline.
The report describes the key industry players, with respect to their individual growth trends, future prospects, and contribution to the global market, and explains the factors related to their market growth potential, drivers, opportunities, threats, and industry-specific challenges.
Furthermore, the report underpins the strategic developments occurring in the global Lithium Ion Battery Recycling Market such as expansions, mergers & acquisitions, agreements, as well as new product launches.
For the purpose of this report, Emergen Research has segmented the global lithium-ion battery recycling market based on battery chemistry, battery component, end use, recycling process, and region:
- End Use Outlook (Revenue, USD Million; 2019-2030)
- Automotive
- Non-automotive
- Industrial
- Power
- Marine
- Others
- Component Outlook (Revenue, USD Million; 2019-2030)
- Active Material
- Non-active Material
- Battery Chemistry Outlook (Revenue, USD Million; 2019-2030)
- Lithium-nickel Manganese Cobalt (Li-NMC)
- Lithium-iron Phosphate (LFP)
- Lithium-manganese Oxide (LMO)
- Lithium-titanate Oxide (LTO)
- Lithium-nickel Cobalt Aluminum Oxide (NCA)
- Recycling Process Outlook (Revenue, USD Million; 2019-2030)
- Hydrometallurgical Process
- Pyrometallurgy Process
- Physical/ Mechanical Process
Global Lithium Ion Battery Recycling Market Geographical Landscape – Synopsis:
- The report closely studies the growth trajectory of the global smart grid market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions
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