According to MarkNtel Advisors’ 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. Reports URL - https://www.marknteladvisors.com/research-library/global-lithium-ion-battery-li-ion-recycling-market.html

1. Global Lithium Ion Battery
(Li-Ion) Recycling Market
Analysis, 2021
marknteladvisors.com

2. Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved. 2
Document Outline
Sample Pages
Global Lithium Ion Battery Recycling Market Analysis, 2021
15
Research Process & Methodology
Key questions answered in the report, Research process, Primary Research, Secondary Research,
Respondent Profile
22
Table of Content
Market Segmentation, Scope of Work
02
Commercials 63
Company Profile
About the company
65
Contact Details 67

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Market Segmentation
Global Lithium Ion Battery Recycling Market Segmentation
• Lithium Cobalt Oxide (LCO)
• Lithium Iron Phosphate (LFP)
• Nickel Cobalt Manganese
(NCM)
• Lithium Manganese Oxide
(LMO)
• Nickel Cobalt Aluminium
(NCA)
By Region By Company
• 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
By Chemistry
• Consumer Electronics
• Telecommunication
• Automotive
o Electric Cars
o Electric Buses
o Electric Bikes
o Electric Scooters
• Power Tools
• Industrial Energy Storage
System
• Industrial Automation
• Others
By End Users
• North America
o The US
o Canada
o Mexico
• South America
o Brazil
• Europe
o Germany
o Belgium
o Finland
• Middle East & Africa
• Asia-Pacific
o China
o South Korea
o Japan
• Hydrometallurgy
• Pyrometallurgy
• Direct Recycling
By Technology

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Table of Content (1/11)
Table of Content
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface
3. Executive Summary
4. Impact of COVID-19 on Global Lithium Ion Battery (Li-Ion) Recycling Market
5. Global Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
5.1. Market Size & Analysis
5.1.1. Revenues (in USD Million)
5.1.2. By Volume (in Tons)
5.2. Market Share & Analysis
5.2.1. By Technology
5.2.1.1. Hydrometallurgy
5.2.1.2. Pyrometallurgy
5.2.1.3. Direct Recycling
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content (2/11)
Table of Content
5.2.2. By Chemistry
5.2.2.1. Lithium Cobalt Oxide (LCO)
5.2.2.2. Lithium Iron Phosphate (LFP)
5.2.2.3. Nickel Cobalt Manganese (NCM)
5.2.2.4. Lithium Manganese Oxide (LMO)
5.2.2.5. Nickel Cobalt Aluminium (NCA)
5.2.3. By End Users
5.2.3.1. Consumer Electronics
5.2.3.2. Telecommunication
5.2.3.3. Automotive
5.2.3.3.1. Electric Cars
5.2.3.3.2. Electric Buses
5.2.3.3.3. Electric Bikes
5.2.3.3.4. Electric Scooters
5.2.3.4. Power Tools
5.2.3.5. Industrial Energy Storage System
5.2.3.6. Industrial Automation
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content
5.2.3.7. Others
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. South America
5.2.4.3. Europe
5.2.4.4. Middle East & Africa
5.2.4.5. Asia Pacific
5.2.5. By Competitors
5.2.5.1. Competition Characteristics
5.2.5.2. Market Share & Analysis
5.2.5.3. Competitive Metrix
6. North America Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
6.1. Market Size & Analysis
6.1.1. Revenues (in USD Million)
6.1.2. By Volume (in Tons)
6.2. Market Share & Analysis
6.2.1. By Technology
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content
6.2.2. By Chemistry
6.2.3. By End Users
6.2.4. By Country
6.2.4.1. The US Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
6.2.4.1.1. Market Size & Analysis
6.2.4.1.1.1. Revenues (in USD Million)
6.2.4.1.1.2. By Volume (in Tons)
6.2.4.1.2. Market Share & Analysis
6.2.4.1.2.1. By Technology
6.2.4.2. Canada Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
6.2.4.2.1. Market Size & Analysis
6.2.4.2.1.1. Revenues (in USD Million)
6.2.4.2.1.2. By Volume (in Tons)
6.2.4.2.2. Market Share & Analysis
6.2.4.2.2.1. By Technology
6.2.4.3. Mexico Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
6.2.4.3.1. Market Size & Analysis
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content
6.2.4.3.1.1. Revenues (in USD Million)
6.2.4.3.1.2. By Volume (in Tons)
6.2.4.3.2. Market Share & Analysis
6.2.4.3.2.1. By Technology
7. South America Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
7.1. Market Size & Analysis
7.1.1. Revenues (in USD Million)
7.1.2. By Volume (in Tons)
7.2. Market Share & Analysis
7.2.1. By Technology
7.2.2. By Chemistry
7.2.3. By End Users
7.2.4. By Country
7.2.4.1. Brazil Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
7.2.4.1.1. Market Size & Analysis
7.2.4.1.1.1. Revenues (in USD Million)
7.2.4.1.1.2. By Volume (in Tons)
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content
7.2.4.1.2. Market Share & Analysis
7.2.4.1.2.1. By Technology
8. Europe Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
8.1. Market Size & Analysis
8.1.1. Revenues (in USD Million)
8.1.2. By Volume (in Tons)
8.2. Market Share & Analysis
8.2.1. By Technology
8.2.2. By Chemistry
8.2.3. By End Users
8.2.4. By Country
8.2.4.1. Germany Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
8.2.4.1.1. Market Size & Analysis
8.2.4.1.1.1. Revenues (in USD Million)
8.2.4.1.1.2. By Volume (in Tons)
8.2.4.1.2. Market Share & Analysis
8.2.4.1.2.1. By Technology
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content (7/11)
Table of Content
8.2.4.2. Belgium Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
8.2.4.2.1. Market Size & Analysis
8.2.4.2.1.1. Revenues (in USD Million)
8.2.4.2.1.2. By Volume (in Tons)
8.2.4.2.2. Market Share & Analysis
8.2.4.2.2.1. By Technology
8.2.4.3. Finland Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
8.2.4.3.1. Market Size & Analysis
8.2.4.3.1.1. Revenues (in USD Million)
8.2.4.3.1.2. By Volume (in Tons)
8.2.4.3.2. Market Share & Analysis
8.2.4.3.2.1. By Technology
9. Middle East & Africa Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
9.1. Market Size & Analysis
9.1.1. Revenues (in USD Million)
9.1.2. By Volume (in Tons)
9.2. Market Share & Analysis
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content
9.2.1. By Technology
9.2.2. By Chemistry
9.2.3. By End Users
9.2.4. By Country
10. Asia Pacific Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
10.1.Market Size & Analysis
10.1.1. Revenues (in USD Million)
10.1.2. By Volume (in Tons)
10.2.Market Share & Analysis
10.2.1. By Technology
10.2.2. By Chemistry
10.2.3. By End Users
10.2.4. By Country
10.2.4.1. China Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
10.2.4.1.1. Market Size & Analysis
10.2.4.1.1.1. Revenues (in USD Million)
10.2.4.1.1.2. By Volume (in Tons)
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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10.2.4.1.2. Market Share & Analysis
10.2.4.1.2.1. By Technology
10.2.4.2. South Korea Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
10.2.4.2.1. Market Size & Analysis
10.2.4.2.1.1. Revenues (in USD Million)
10.2.4.2.1.2. By Volume (in Tons)
10.2.4.2.2. Market Share & Analysis
10.2.4.2.2.1. By Technology
10.2.4.3. Japan Lithium Ion Battery (Li-Ion) Recycling Market Analysis, 2018-2026F
10.2.4.3.1. Market Size & Analysis
10.2.4.3.1.1. Revenues (in USD Million)
10.2.4.3.1.2. By Volume (in Tons)
10.2.4.3.2. Market Share & Analysis
10.2.4.3.2.1. By Technology
11. Global Lithium Ion Battery (Li-Ion) Recycling Market Supply Chain Analysis
12. Global Lithium Ion Battery (Li-Ion) Recycling Market Regulations, Policies, Product Benchmarks
13. Global Lithium Ion Battery (Li-Ion) Recycling Market Trends & Insights
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content (10/11)
Table of Content
14. Global Lithium Ion Battery (Li-Ion) Recycling Market Dynamics
14.1.Drivers
14.2.Challenges
15. Global Lithium Ion Battery (Li-Ion) Recycling Market Hotspot & Opportunities
16. Global Lithium Ion Battery (Li-Ion) Recycling Market, Competition Outlook
16.1.Competition Matrix
16.1.1. Brand Specialization
16.1.2. Target Markets
16.1.3. Target Applications
16.1.4. Research & Development
16.1.5. Collaborations & Strategic Alliances
16.1.6. Key Business Expansion Initiatives
16.1.7. Business Restructuring- Mergers, Acquisitions, JVs
16.1.8. Strategic Initiatives
16.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
16.2.1. Accurec Recycling GmBH
16.2.2. Akkuser Oy
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Table of Content (11/11)
Table of Content
16.2.3. Batrec Industrie AG
16.2.4. Chemetall GmBH
16.2.5. DOWA Eco-System Co. Ltd
16.2.6. Fortum Oyj
16.2.7. GEM Co. Ltd
16.2.8. Glencore PLC
16.2.9. Hunan Brunp Recycling
16.2.10. JX Nippon Mining & Metals Co.
16.2.11. Recupyl
16.2.12. Redux GmBH
16.2.13. Retriev Technologies
16.2.14. SungEel HiTech Co. Ltd
16.2.15. Umicore NV
17. Disclaimer
Historical Year: (2018-19)
Base Year: 2020
Forecast Year: (2021-26)

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Document Outline
Sample Pages
Global Lithium Ion Battery Recycling Market Analysis, 2021
15
Research Process & Methodology
Key questions answered in the report, Research process, Primary Research, Secondary Research,
Respondent Profile
22
Table of Content
Market Segmentation, Scope of Work
02
Commercials 63
Company Profile
About the company
65
Contact Details 67

16. Copyright 2021. Reproduction is forbidden unless authorized. All rights reserved.
Global Lithium Ion Battery Recycling Market Outlook, 2018-
2026F

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Global Lithium Ion Battery Recycling Market, By Revenues, By Volume
Source: MarkNtel Advisors, E: Estimated, F: Forecast
• The global lithium-ion battery recycling market is snowballing due to rising investment for the manufacturing of electric vehicles ranging
from e-bikes and scooters to electric buses. For instance: In 2019, Europe secured around USD 70 billion in investments to manufacture
electric vehicles and batteries which is 10 times above than in 2018, as reported by the Europe Transport & Environment Group. The
demand for batteries is proliferating the lithium-ion battery recycling market across the globe. COVID-19 impacted the global market
negatively owing to the temporary shutdown of the overall recycling process, and the upcoming plants were delayed as well.
Market at a Glance
Figure XX: Global Lithium Ion Battery Recycling Market Size (USD Million), By Volume (in Tons), 2018-2026F
2018 2019 2020 2021F 2022F 2023F 2024F 2025F 2026F
Revenue (USD Million) Volume (in Tons)
Revenue: XX%
Volume: XX%
CAGR
CAGR
Revenue: XX%
Volume: XX%

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Figure XX: Global Lithium Ion Battery Recycling Market Volume Share (%) 2020 & 2026, & Volume (in Tons), By Technology, 2018-
2026F
Global Lithium Ion Battery Recycling Market, By Technology (1/3)
Market Share, By Technology Market Size, By Technology (Volume in Tons)
2018 2019 2020 2021 2022 2023 2024 2025 2026
Hydrometallurgy XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Pyrometallurgy XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Direct Recycling XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Source: MarkNtel Advisors
• Hydrometallurgy is expected to be the largest adopted technology during 2019-2026, followed by pyrometallurgy. The companies that
make use of hydrometallurgical process usually have their own proprietary aqueous and chemical formulations. The hydrometallurgical
process bears a resemblance to mining extraction and is a combination of various customizable process. Different constituents of a
battery can be recovered with the help of this process. The chemistries and the procedures that are used during the execution of this
process are also simple and are capable of being adopted on a large scale if the financial incentives are increased to promote this method.
Hydrometallurgy Pyrometallurgy
Direct Recycling
Introduction
Introduction
Inner Circle: 2020; Outer Circle: 2026

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Figure XX: Global Lithium Ion Battery Recycling Market Volume Share (%) 2020 & 2026, & Volume (in Tons), By Chemistry, 2018- 2026F
Global Lithium Ion Battery Recycling Market, By Chemistry (1/5)
Market Share, By Chemistry Market Size, By Chemistry (Volume in Tons)
2018 2019 2020 2021 2022 2023 2024 2025 2026
LCO XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
LEP XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
NCM XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
LMO XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
NCA XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
LCO LFP NCM LMO NCA
Source: MarkNtel Advisors, E: Estimated, F: Forecast
• The LCO chemistry is expected to be the largest segment throughout the forecast period 2019-2026. The growth is majorly because the
end product available from this chemistry after recycling is lithium and cobalt. These are expensive materials, and the current focus of
recyclers is toward extracting expensive and rare raw materials via recycling. Besides, the LCO chemistry has high specific energy, which
makes it an attractive cathode chemistry for lithium-ion batteries used in mobile phones, laptops, and digital cameras. LCO is most widely
used in lithium-ion batteries in consumer electronics, owing to its high capacity and superior performance.
LCO to Dominate the Market
Inner Circle: 2020; Outer Circle: 2026

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Global Lithium Ion Battery Recycling Market, By Chemistry (2/5)
Annual cobalt demand for electric vehicle batteries
2019-2030
19.0
181.1
374.4
2019
2030- Stated Policies
Scenario
2030- Sustainable
Development Scenario
Annual lithium demand for electric vehicle batteries
2019-2030
16.5
189.6
365.3
2019
2030- Stated Policies
Scenario
2030- Sustainable
Development Scenario
• The utilization of batteries in electric vehicles would mount the demand for raw materials comprise cobalt and lithium. Less availability of
such raw materials would generate the demand for recycling, hence, the LCO chemistry segment is expected to rise in the forthcoming
years.
Source: International Energy Agency

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Global Lithium Ion Battery Recycling Market, By End Users (1/7)
Consumer Electronics
Telecommunication
Automotive
Power Tools
Industrial Energy Storage System
Industrial Automation
Others
2020 2026F
Introduction
Source: MarkNtel Advisors
• The lithium-ion battery recycling market is being driven by the collection of dead batteries from different end sources such as automotive,
industrial, power tools, and electrical and electronics. The demand for lithium-ion batteries in the electric vehicles is expected to propel
the market of recycling in the future. Various countries are taking initiatives to promote the sales of electric vehicles. Additionally, rising
governmental concerns regarding air pollution levels and harmful vehicular emissions are leading to the growth in the number of eco-
friendly vehicles across the world. Additionally, high energy consumption in residential and commercial sectors has led to the rise of
lithium-ion battery-based energy storage systems, globally. The consumer electronic sector is currently the largest users of lithium-ion
batteries in the world. Although automotive segment is expected to grow in the coming years, the demand for lithium-ion batteries and
Figure XX: Global Lithium Ion Battery Recycling Market Volume Share (%) 2020 & 2026, By End Users

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Global Lithium Ion Battery Recycling Market, By End Users (3/7)
2018 2019 2020 2021 2022 2023 2024 2025 2026
Consumer Electronics X X X X X X X X X
Telecommunication X X X X X X X X X
Automotive X X X X X X X X X
Power Tools X X X X X X X X X
Industrial Energy Storage
System
X X X X X X X X X
Industrial Automation X X X X X X X X X
Others X X X X X X X X X
Source: MarkNtel Advisors
Table XX: Global Lithium Ion Battery Recycling Market Volume (in Tons), By End Users, 2018- 2026F

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Global Lithium Ion Battery Recycling Market, Growth Analysis By End Users (4/7)
CAGR 2021-2026F
Market
Share
(%)
High
High
Low
Figure XX: Global Lithium Ion Battery Recycling Market Growth Metrix, By End Users, 2021-26
1. Consumer Electronics
Market Share Analysis
• The increasing demand for mobile phones,
laptops, digital cameras, and other electronic
devices is expected to boost the demand for
lithium-ion batteries, which, in turn, is anticipated
to affect the global recycling market. Additionally,
battery life is one of the important characteristics
of any electronic device and is expected to
increase the demand for more lithium-ion cells.
The battery life of lithium-ion cells decides on the
usability an overall runtime. Currently, batteries in
large amounts are collected from electrical and
electronics segment for recycling.
Source: MarkNtel Advisors,
0%
50%
100%
0% 13% 25%
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XX Growth, XX Market Share

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Asia-Pacific Lithium Ion Battery Recycling Market Outlook, 2018-
2026F

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Asia-Pacific Lithium Ion Battery Recycling Market, By Revenues, By Volume
Source: MarkNtel Advisors, E: Estimated, F: Forecast
Market at a Glance
Figure XX: Asia-Pacific Lithium Ion Battery Recycling Market Size (USD Million), By Volume (in Tons), 2018-2026F
• The Asia-Pacific is a dynamic market for lithium-ion batteries and is considerably expanding owing to the high growth rate in countries
such as South Korea and Japan. Asia-Pacific currently experiences the highest demand for electric vehicles, which makes it an automotive
hub for electric vehicles from the consumer perspective. In addition to the automotive industry, there is a huge consumption of lithium-
ion batteries in the consumer electronics leading to high accumulation of dead batteries. Owing to the presence of several leading players,
the recycling of lithium-ion batteries provides one of the most lucrative growth opportunities in this region.
2018 2019 2020 2021F 2022F 2023F 2024F 2025F 2026F
Revenue (USD Million) Volume (in Tons)
Revenue: XX%
Volume: XX%
CAGR
CAGR
Revenue: XX%
Volume: XX%

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Figure XX: Asia-Pacific Lithium Ion Battery Recycling Market Volume Share (%) 2020 & 2026, & Volume (in Tons), By Technology, 2018-
2026F
Asia-Pacific Lithium Ion Battery Recycling Market, By Technology (1/3)
Market Share, By Technology Market Size, By Technology (Volume in Tons)
Source: MarkNtel Advisors
• Various research and development projects are being undertaken for the advancement of lithium-ion battery recycling technologies. The
hydrometallurgical process is widely being used in China, whereby the batteries are treated with an aqueous solution. This helps in easy
separation of dissolved metals in a battery. Although the technology produces wastewater, it helps in recovering most of the materials and
non-metallic components present in the battery. This process is less energy-intensive and environment-friendly, as compared with
pyrometallurgical process, and hence is being widely adopted in the recycling industry.
Hydrometallurgy Pyrometallurgy
Direct Recycling
Introduction
Introduction
Inner Circle: 2020; Outer Circle: 2026
2018 2019 2020 2021 2022 2023 2024 2025 2026
Hydrometallurgy XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Pyrometallurgy XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Direct Recycling XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX

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Asia-Pacific Lithium Ion Battery Recycling Market, Growth Analysis By Technology
(2/3)
CAGR 2021-2026F
Market
Share
(%)
High
High
Low
Figure XX: Asia-Pacific Lithium Ion Battery Recycling Market Growth Metrix, By Technology, 2021-26
1. Hydrometallurgical
Market Share Analysis
• The increasing demand for the hydrometallurgy
technology in the Asia-Pacific region is on the
account of the expertise and increased focus on
the commercialization of the technology in
countries such as Japan and Korea.
• The favorable economic conditions, low cost of
production, and several environmental
regulations are vouching for the high growth of
various applications in which lithium-ion
batteries are used. Therefore, recycling and
reusing the recovered raw materials seems to be a
viable option for the region to meet its growing
demand for batteries.
Source: MarkNtel Advisors,
0%
50%
100%
0% 13% 25%
XXX
XXX
XXX
XX Growth, XX Market Share

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Asia-Pacific Lithium Ion Battery Recycling Market, By End Users (1/6)
Consumer Electronics
Telecommunication
Automotive
Power Tools
Industrial Energy Storage System
Industrial Automation
Others
2020 2026F
Introduction
Source: MarkNtel Advisors
• Consumer electronics are one of the major consumers of lithium-ion batteries. Low power capacity lithium-ion batteries are largely used
in electronics such as mobile phones, tablets, laptops, UPS, wearables, and others. The cathode chemistries such as LCO, NCM, and LFP in
lithium-ion batteries are primarily used in consumer applications owing to their high energy density and lifecycle. Some of the companies
catering to the production of cathode chemistries for lithium-ion batteries to be used in consumer electronics segment are BASF SE, 3M,
Umicore N.V., and Targray. The approximate run time of lithium-ion batteries in consumer electronic goods, such as mobile phones,
laptops, and wearables, is around three to four years and given the large adoption of lithium-ion batteries in electrical and electronics
segment, a major chunk of dead batteries are therefore gathered annually for recycling purpose.
Figure XX: Asia-Pacific Lithium Ion Battery Recycling Market Volume Share (%) 2020 & 2026, By End Users

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Asia-Pacific Lithium Ion Battery Recycling Market, By End Users (2/6)
2018 2019 2020 2021 2022 2023 2024 2025 2026
Consumer Electronics X X X X X X X X X
Telecommunication X X X X X X X X X
Automotive X X X X X X X X X
Power Tools X X X X X X X X X
Industrial Energy Storage
System
X X X X X X X X X
Industrial Automation X X X X X X X X X
Others X X X X X X X X X
Source: MarkNtel Advisors
Table XX: Asia-Pacific Lithium Ion Battery Recycling Market Volume (in Tons), By End Users, 2018- 2026F

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Asia-Pacific Lithium Ion Battery Recycling Market, Growth Analysis By End User (3/6)
CAGR 2021-2026F
Market
Share
(%)
High
High
Low
Figure XX: Asia-Pacific Lithium Ion Battery Recycling Market Growth Metrix, By End Users, 2021-26
1. Automotive
Market Share Analysis
• The automotive segment is expected to be the
fastest growing sector in the APAC lithium-ion
battery recycling market. With major automotive
manufacturers launching their electric vehicle
brands all over the region, the demand for
recycled cathode materials and lithium-ion
batteries is expected to increase at a rapid rate.
• China has been promoting energy-saving
technologies and has regulated various policies in
the favor of recycling and can have a substantial
impact on electric vehicles manufacturers. These
are among the key factors that supporting the
market share of the segment to grow.
Source: MarkNtel Advisors,
0%
50%
100%
0% 13% 25%
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XX Growth, XX Market Share

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