Automotive Ternary Lithium Battery Recycling, Global Key Players Rank and Market Share, Top Ten Comp (Business Opportunities - Marketing & Sales)
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Automotive Ternary Lithium Battery Recycling, Global Key Players Rank and Market Share, Top Ten Comp | |
Automotive Ternary Lithium Battery Recycling Market Summary According to the new market research report “Global Automotive Ternary Lithium Battery Recycling Market Report 2023-2029”, published by QYResearch, the global Automotive Ternary Lithium Battery Recycling market size is projected to reach USD 12.08 billion by 2029, at a CAGR of 19.8% during the forecast period. Currently, the typical recycling of metallic materials such as cobalt, nickel, manganese, and lithium etc. With the rapid growth of market share in ternary lithium-ion batteries, retired ternary lithium-ion batteries have also experienced explosive growth. Therefore, recycling electrode materials for ternary lithium-ion batteries has become a new hot topic in the battery industry. Due to its high material cost, poor stability, and short cycle life, ternary batteries are more suitable for direct disassembly and recycling. Secondly, the development of ternary battery starts later than that of Lithium iron phosphate, and the recovery rate will also slightly lag behind that of Lithium iron phosphate. After the retirement of Lithium iron phosphate power batteries, it is more suitable for cascade utilization. However, the current cascade utilization has not yet achieved technical breakthrough, and it is difficult to form large-scale and commercialized. It is expected that the recycling market space of ternary lithium batteries will continue to lead in the medium and short term. According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Ternary Lithium Battery Recycling include Umicore, Ascend Elements, LG Corporation, SungEel HiTech, Tesla, Fortum, Cirba Solutions, Li-Cycle, Batrec Industrie AG, 4R Energy, etc. In 2022, the global top 10 players had a share approximately 57.0% in terms of revenue. Above figure shows the key players ranked by revenue in Automotive Ternary Lithium Battery Recycling. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com  | |
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2024-05-03 (0.224 sec)