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    Lithium Ion Battery Recycling Market | Covid-19 Impact Analysis

    Lithium Ion Battery Recycling Market | Covid-19 Impact Analysis

    Lithium Ion Battery Recycling Market | Covid-19 Impact Analysis
    Report code - SRCG168 Delivery - 2 Weeks
    Lithium-ion Battery Recycling Market Size, Share, Trend, Forecast, & Industry Analysis See more...
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    Impact of COVID-19 on Lithium Ion Battery Recycling Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Lithium Ion Battery Recycling Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Lithium-ion Battery Recycling Market Insights

    Lithium-ion Battery Recycling Market is likely to witness an impressive CAGR of 8.1% during the forecast period. It has been observed that the investments in the growth and development of electric vehicles are increasing, providing substantial growth opportunities for the lithium-ion battery recycling market. The low accessibility of some raw materials such as cobalt and lithium have become an important factor for most of the companies, so they have started the recycling process of lithium-ion batteries.

    Lithium-ion Battery Recycling Market – Snapshot

    Growth

    8.1% for the next five years

    Leading Battery Chemistry

    Automotive

    Dominant End-Use  Type

    Lithium-Nickel Manganese Cobalt

    Region with the highest demand

    North-America

    Key Players

    American Manganese Inc., Glencore plc, International Metals Reclamation Company, LLC, Li-Cycle Corp., Neometals Ltd., Raw Materials Company Inc., Recupyl Sas, Retriev Technologies Inc., Sitrasa, and Umicore.

     

    Market Share Analysis

    Lithium-ion-Battery-Recycling-Market-Dominant-Segments

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    Lithium-ion Battery Recycling Market Share: By End-Use Type

    Based on the end-use type, the market is segmented as automotive and non-automotive. Automotive is estimated to be the dominant segment of the lithium-ion battery market, in terms of both value and volume, during the forecast period. The non-automotive segment is further segmented as power, industrial, and marine. Automotive is expected to be the larger segment of the lithium-ion battery recycling market globally, and in the industrial and power segments as well. Lithium-ion batteries are being heavily used for propulsion of automotive and offer excellent features such as high energy and power density. The demand for these batteries is growing which is fueling the market growth during the forecast period.

    Lithium-ion Battery Recycling Market Share: By Battery Chemistry Type

    Based on the battery chemistry type, the lithium-ion battery recycling market is segmented as lithium-nickel manganese cobalt, lithium-iron phosphate, lithium-manganese oxide, lithium-titanate oxide, and lithium-nickel cobalt aluminum oxide. Lithium-nickel manganese cobalt is estimated to be the leading segment of the market, in terms of volume, during the forecast period. On the other hand, lithium-ion manganese oxide is projected to be the highest-recycled battery type, and has increasing number of implementation for the manufacturing of power tools, medical devices, and electric powertrains which is one of the major factors fueling the market growth across the world.

    Lithium-ion Battery Recycling Market Share: By Region

    In terms of regions, North-America is estimated to be the leading region in the lithium-ion battery recycling market during the forecast period, with the US and Canada being the major countries with lucrative growth opportunities. The Environment Protection Agency has implemented strict rules and regulations about air emission standards in the region, which in turn, is increasing the demand for lithium-ion battery recycling market in North America during the forecast period. Asia-Pacific and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Lithium-ion-Battery-Recycling-Market-By-Region

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    Some of the key players in the lithium-ion battery recycling market are-

    • American Manganese Inc.
    • Glencore plc
    • International Metals Reclamation Company, LLC
    • Li-Cycle Corp.
    • Neometals Ltd.
    • Raw Materials Company Inc.
    • Recupyl Sas
    • Retriev Technologies Inc.
    • Sitrasa
    • Umicore

     

    Market Scope & Segmentation

    Lithium-ion battery is a type of battery that can be recharged and is generally used in manufacturing of portable electronics and electric vehicles. These batteries find major applications in industries such as military and aerospace.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Lithium-ion Battery Recycling Market Research Report – Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The Lithium-ion battery recycling market is segmented into the following categories. 

    Lithium-ion Battery Recycling Market Size, Share, & Forecast, by End-Use Type:

    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Automotive
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-Use Type Analysis: Industrial, Power, and Marine)

    Lithium-ion Battery Recycling Market Size, Share, & Forecast, by Battery Chemistry Type:

    • Lithium-Nickel Manganese Cobalt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lithium-Iron Phosphate (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lithium-Manganese Oxide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lithium-Titanate Oxide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lithium-Nickel Cobalt Aluminum Oxide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Lithium-ion Battery Recycling Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Lithium-ion-Battery-Recycling-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the end-use types by battery chemistry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliance

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Lithium Ion Battery Recycling Market in the foreseeable future?

    The lithium ion battery recycling market is expected to witness an impressive growth of 8.1% CAGR in the foreseeable future.

    Who are the key players in the Lithium Ion Battery Recycling Market?

    American Manganese Inc., Glencore plc, International Metals Reclamation Company, LLC, Li-Cycle Corp., Neometals Ltd., Raw Materials Company Inc., Recupyl Sas, Retriev Technologies Inc., Sitrasa, and Umicore are among the key players in the lithium ion battery recycling market.

    Which country/region is expected to be the leading Lithium Ion Battery Recycling Market?

    North America is expected to be the leading region in the lithium ion battery recycling market during the next five years.

    Which end-use type is expected to remain dominant in the Lithium Ion battery Recycling Market?

    Automotive is expected to remain dominant end-use type in the lithium ion battery recycling market in the coming years.

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