Profiles of major market players operating in the global lithium-ion battery recycling market, which include Glencore International AG (Switzerland), Umicore (Belgium), Retriev Technologies Inc. (US), American Zinc Recycling (US), Raw Materials Company Inc. (RMC) (Canada), American Manganese Inc. (Canada), Li-Cycle Corp. (Canada), SITRASA (Mexico), Neometals Ltd (Australia), TES (Singapore), Fortum (Finland), GEM Co., Ltd (China), Metal Conversion Technologies (MCT) (US), Duesenfeld GmbH (Germany), Contemporary Amperex Technology Co. Ltd (CATL) (China)
Pune, India, Dec. 08, 2021 (GLOBE NEWSWIRE) -- The global lithium-ion battery recycling market was estimated to value USD 4.5 billion in 2021 and is projected to grow at a CAGR of 20.10% during the forecast period, according to new report published by Quince Market Insights. The increasing investments in electric vehicles (EV) is escalating the development of lithium-ion battery recycling market. Lithium-ion battery recycling is known to be the lesser toxic battery and is easy to reuse and recycle.
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The increase in the usage of lithium-ion batteries in several consumer products, the danger of explosion and their disposal has become very difficult, and thus, it becomes essential to recycle the lithium-ion batteries. The recycling of lithium-ion batteries could be done by several technological methods comprising hydrometallurgical...
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