Global Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Global Lithium Ion Battery (Li-Ion) Recycling market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.Rising Inclination Toward Electric Cars Resulting in the Growth of the Global Lithium Ion Battery (Li-Ion) Recycling Market
Market Opportunities
According to this research report titled “Global Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2020”, the Global Lithium Ion Battery (Li-Ion) Recycling market is anticipated to grow at a CAGR of around 16.5% during 2020-25F. The growth of the Lithium Ion Battery (Li-Ion) Recycling market is attributed to factors such as launch of various plans to support electric vehicles due to government regulations, introduction of subsidies by the governments to encouraging battery recycling, and burgeoning demand for consumer electronic devices such as mobile phones, laptops, and PCs in emerging economies. Apart from this, the rising use of lithium-ion battery in other applications such as for backup power in telecom base stations and data centers, or electric scooters and bikes is also projected to fuel the growth of the market in the forecaste period.
Market Segmentation
Automotive Segment Dominated the Market
Based on end user, automotive segment dominated the market and is anticipated to maintain its dominance during 2020-25. In order to achieve the carbon emission targets, the adoption of electric vehicle is surging in the countries such as China, US, France, and India by launch various programs and subsidies. Under the “Law on Energy Transition for Green Growth” (LTECV), the French Government has set target of 7 million public and private charging points for electric vehicles by 2030. However, India is expected to move to 100% electric cars by 2030. The growing demand for lithium-ion battery is leading to considerable focus on environmental protection, thus, making recovery of lithium-ion battery increasingly important. Therefore, this is anticipated to drive the growth of the Lithium Ion Battery (Li-Ion) Recycling market globally in the near future as stated in the research report “Global Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2020”.
COVID-19 Impact
The disruption in the supply chain due to the COVID-19 outbreak has a significant impact on the Global lithium ion battery (Li-Ion) recycling market as large electric vehicle markets of Europe and the USA are dependent on external raw material and battery supplies. The close down of border has impact to supply of material resources such as graphite and lithium, .
Competitive Landscape
According to the publisher, the key players with a considerable market share in the Global Lithium Ion Battery (Li-Ion) Recycling market include Accurec Recycling GmBH, Akkuser Oy, Batrec Industrie AG, Chemetall GmBH, DOWA Eco-System Co. Ltd, Fortum Oyj, GEM Co. Ltd, Glencore PLC, Hunan Brunp Recycling, JX Nippon Mining & Metals Co., Recupyl, Redux GmBH, Retriev Technologies, SungEel HiTech Co. Ltd, and Umicore NV.
Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Lithium Ion Battery (Li-Ion) Recycling Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Lithium Ion Battery (Li-Ion) Recycling Market?
4. Who are the key competitors or market players and how they perform in Global Lithium Ion Battery (Li-Ion) Recycling Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Lithium Ion Battery (Li-Ion) Recycling Market study?
Table of Contents
1. Introduction
5. Global Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
6. North America Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
7. South America Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
8. Europe Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
9. Middle East & Africa Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
10. Asia Pacific Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
11. Global Lithium Ion Battery Recycling Market Pricing Analysis
15. Global Lithium Ion Battery (Li-Ion) Recycling Market Dynamics
17. Global Lithium Ion Battery (Li-Ion) Recycling Market, Competition Outlook
Companies Mentioned
- Accurec Recycling GmBH
- Akkuser Oy
- Batrec Industrie AG
- Chemetall GmBH
- DOWA Eco-System Co. Ltd
- Fortum Oyj
- GEM Co. Ltd
- Glencore PLC
- Hunan Brunp Recycling
- JX Nippon Mining & Metals Co.
- Recupyl
- Redux GmBH
- Retriev Technologies
- SungEel HiTech Co. Ltd
- Umicore NV
Methodology
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