Dec 21, 2017   SOURCE: BusinessWire

Global Lithium-ion Battery Recycling Market Forecast to 2030 - Lack of Technologies for the Extraction of Lithium - Research and Markets

The "Lithium-ion Battery Recycling Market by Chemistry (Lithium-nickel Manganese Cobalt, Lithium-iron Phosphate, Lithium-Manganese Oxide, LTO, NCA, LCO), Industry (Automotive, Marine, Industrial, Power), and Region - Global Forecast to 2030" report has been added to Research and Markets' offering.

The lithium-ion battery recycling market is estimated at USD 1.78 billion in 2017 and is projected to reach USD 23.72 billion by 2030, at a CAGR of 22.1% from 2017 to 2030.

Drivers

  • Increase in Demand for Edvs
  • Growing Demand for Recycled Products and Materials
  • Growing Demand for Smart Devices and Other Industrial Goods Will Increase Demand for Battery Recycling
  • Finite Metal Resources

Restraints

  • Safety Issues Related to Storage and Transportation of Spent Batteries

Opportunities

  • Subsidies to Encourage Battery Recycling
  • Declining Prices of Lithium-Ion Batteries Increases Adoption in New Applications and Recycling After End-Of-Life
  • Geographically Concentrated Sources of Lithium and Cobalt

Challenges

  • Dearth of Technologies for the Extraction of Lithium From Spent Lithium-Based Batteries

Asia Pacific is projected to lead the global lithium-ion battery recycling market during the forecast period. The growth of the Asia Pacific lithium-ion battery recycling market is mainly driven by the rising government regulations for the proper disposal of lithium-ion batteries in Japan, India, and China.

The lithium-ion battery recycling market in the Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2030.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Lithium-Ion Battery Recycling Market, By Technology

7 Automotive Lithium-Ion Battery Recycling Market, By Chemistry

8 Lithium-Ion Battery Recycling Market Regulations

9 Lithium-Ion Battery Recycling Market, By Industry

10 Electric Vehicle Market Outlook (Existing Subsidies, and Tax Structures)

11 Li-Ion Battery Recycling Market, By Region

12 Competitive Landscape

13 Company Profiles

  • American Manganese (AMI)
  • Glencore
  • International Metals Reclamation Company (INMETCO)
  • Li-Cycle Technology
  • Metal Conversion Technologies (MCT)
  • Neometals
  • Raw Materials Company (RMC)
  • Recupyl Sas
  • Retriev Technologies
  • Sitrasa
  • TES-AMM
  • Umicore

For more information about this report visit https://www.researchandmarkets.com/research/ww4zf6/global?w=4