Electric Vehicle Battery Recycling Market 2022-2027 Size, Share, Top Companies Overview, Industry Growth, Demand and Forecast

According to the latest report by IMARC Group, titled "Global Electric Vehicle Battery Recycling Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global electric vehicle (EV) battery recycling market reached a value of US$ 1.77 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.66 Billion by 2027, exhibiting a CAGR of 28.70% during 2022-2027.

Electric vehicles (EVs) are powered by rechargeable batteries which need to be replaced when they reach the end of life (EOL). The critical and reusable products in the batteries are recycled to reduce the dependence on intensive mining of finite metal elements such as cobalt, aluminum, and nickel. They are recycled through the processes of pyrometallurgy/smelting as well as hydrometallurgy. Nowadays, EV battery recycling is increasingly gaining traction to stop harmful materials from being released into the waste streams and other water bodies.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/electric-vehicle-battery-recycling-market/requestsample



Electric Vehicle (EV) Battery Recycling Market Trends and Drivers:

The global EV battery recycling market is primarily driven by the increasing demand for zero-emission vehicles and the rising trend of recycled products. Besides this, the growing sales of electric vehicles that require batteries with proper management at EOL are also fueling the market growth. 

In addition, the high recycling gap and subsidies on EVs are encouraging the recycling of EV batteries. Nowadays, the increasing awareness regarding the adverse effects of climate change and the alarming pollution levels across major cities are also escalating the demand for EV battery recycling. 

Furthermore, governments in various countries are extensively investing in direct purchase incentives and tax deductions for EVs, which is significantly impacting the market growth in the upcoming years.

Global Electric Vehicle (EV) Battery Recycling Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these top key players include:

ACCUREC-Recycling GmbH, American Manganese Inc., Battery Solutions, G & P Batteries Limited, Li-Cycle Corp., Retriev Technologies, SITRASA, SNAM Groupe (Floridienne), TES-Amm and Umicore N.V. 

The report has segmented the market on the basis of region, type, process, vehicle type and application.

Breakup by Type:

•  Lithium-ion

• Lead-acid

• Others

Breakup by Process:

• Hydrometallurgical

• Pyro-metallurgical

• Others

Breakup by Vehicle Type:

• Passenger Cars

• Commercial Vehicles

Breakup by Application:

• Electric Cars

• Electric Buses

• Energy Storage Systems

• Others

Breakup by Region:

• North America: (United States, Canada)

• Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)

• Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)

• Latin America: (Brazil, Mexico, Others)

• Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

• Market Performance (2016-2021)

• Market Outlook (2022- 2027)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800


 

Comments

Post a Comment

Popular posts from this blog

Reverse Logistics Market Size, Trends, Top Companies, Growth, Industry Share, Report and Forecast till 2022-2027

Image
   The latest research study “ Reverse Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that t he global reverse logistics market reached a value of US$ 563.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 812.6 Billion by 2027, exhibiting at a CAGR of 5.80% during 2022-2027. Reverse logistics refers to a supply chain management technique that transports goods from customers back to the sellers or manufacturers. It involves refurbishment, recycling, reselling restocked items, and reclamation of raw materials. Reverse logistics also consists of the management and sale of returned and surplus equipment and machines. It contains various steps, such as processing, dealing with returns, maintaining the movement of returns, recycling, and repairing. Reverse logistics provides improved brand image, greater customer satisfaction, enhanced sustainability, reduced waste, and...
Read more

Orthodontics Market Size, Industry Share, Growth Research Report and Forecast till 2023-2028

Image
 IMARC Group has recently released a new research study titled, “ Orthodontics  Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ,” offers a comprehensive analysis of the industry, which comprises insights on the  global  Orthodontics  market . The report also includes competitor and regional analysis, and contemporary advancements in the market. How Much is the Orthodontics Industry Worth? The  global orthodontics market size reached   US$ 5.4 Billion in 2022 . Looking forward, IMARC Group expects the market to reach  US$ 8.0 Billion by 2028 , exhibiting a  growth rate (CAGR) of 6.55% during 2023-2028 . What is Orthodontics? Orthodontics treatment procedures mainly deal with the effective diagnosis, interception, and prevention of dental and jaw misalignment and correcting them if required. They involve the usage of several tools and devices, such as brackets, anchorage appliances, bands ...
Read more

Defoaming Coating Additives Market 2022-27: Industry Size, Share, Growth, Opportunity and Forecast

Image
 According to the latest report by IMARC Group, titled “ Defoaming Coating Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the  global defoaming coating additives market size . The report also includes competitor and regional analysis, and contemporary advancements in the market. The global defoaming coating additives market is expected to exhibit a  CAGR of 6.40%  during 2022-2027. Defoaming coating additives prevent the development of foam in resins, paints, ink, lacquers, and adhesives to ensure a finished look on the surface of the buildings. Due to their assistance in enhancing the adhesion and increasing resistance against salt water and moisture, they find extensive application in furniture, construction, and automotive industries. Some common coating additives include alcohols, silicon (Si), stearates, glycols, insoluble oils,...
Read more