Li-ion Battery Recycling Market Size, Share, By Battery Chemistry (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Manganese Oxide, Lithium Nickel Cobalt Aluminum Oxide, Lithium Nickel Manganese Cobalt Oxide), By Source (Electric Vehicles (EVs), Electronics, Power Tools, Others), By Recycling Process (Hydrometallurgical Process, Pyrometallurgical Process, Physical/Mechanical Process), By End-Use (Automotive, Industrial, Consumer Electronics, and Others), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI556024 | Publish Date: August 2024 | No. of Pages: 188

Li Ion Battery Recycling Market Trends

Assured Supply Chain and Lower Material Costs:

  • Lithium-ion battery recycling offers a safe and sustainable supply of critical materials such as lithium, cobalt, nickel, and copper. As demand continues to increase, recycling can reduce potential disruptions to supply chains and price stability while reducing reliance on imports. A robust domestic recycling base can guarantee safe supplies of critical battery materials and reduce geopolitical risk to the economy while improving competitiveness in battery and electric vehicle markets.