March 17, 2023 10:28 ET | Source: Research and Markets Research and Markets

Dublin, March 17, 2023 (GLOBE NEWSWIRE) -- The "Lithium-Ion Battery Recycling: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Lithium-Ion Battery Recycling estimated at US$5 Billion in the year 2022, is projected to reach a revised size of US$23.6 Billion by 2030, growing at a CAGR of 21.4% over the analysis period 2022-2030. Solar Energy System

$23.6 Billion Lithium-Ion Battery Recycling Global Market

Lithium-Nickel Manganese Cobalt (Li-NMC), one of the segments analyzed in the report, is projected to record a 22.8% CAGR and reach US$14.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the LIthium-iron Phosphate (lfp) segment is readjusted to a revised 19.4% CAGR for the next 8-year period. The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 25.5% CAGR The Lithium-Ion Battery Recycling market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.6 Billion by the year 2030 trailing a CAGR of 25.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 18.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 21.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2030. Select Competitors (Total 69 Featured) -

Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS

III. MARKET ANALYSIS IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/53wjwp

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