Black Mass Recycling Market
The latest forecast from Meticulous Researchu00ae indicates that the black mass recycling market will expand at a 19.1% CAGR, climbing to $8.87 billion by 2030.n
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Which Market Segments Are Leading the Black Mass Recycling Market to $8.87 Billion by 2030?
Black Mass RecyclingMarket2024-2030 Meticulous Research , a leading global market research company, has released its latest report, Black Mass Recycling Market by Battery Source (Automotive Batteries, Industrial Batteries), Battery Type (Li-ion Battery, Nickel metal Hydride Battery), Recycling Process (Pyrometallurgical Process, Hydrometallurgical Process) - Global Forecast to 2030. According to the report, the market is expected to reach $8.87 billion by 2030, growing at a CAGR of 19.1%. Request for Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5725? Market Drivers and Opportunities The black mass recycling market is experiencing robust growth due to several factors: Government initiatives and technological advancements to enhance battery recycling processes. A rising need to manage used battery disposal, addressing environmental concerns. Expansion in battery manufacturing, particularly for electric vehicles and portable electronics. Government incentives that promote battery recycling and material recovery. However, challenges like inadequate recycling infrastructure and fluctuating raw material prices persist. Nevertheless, advancements in recycling technologies and growing investments in lithium-ion battery recycling present promising growth opportunities. Key Market Segments 1. Battery Source: o The market is segmented into automotive, industrial, portable batteries, and others. o The industrial batteries segment dominates in 2024, driven by their critical role in ensuring uninterrupted operations and powering portable devices. 2.Battery Type: o Segments include li-ion, nickel metal hydride, nickel cobalt manganese, and others. o The li-ion battery segment leads, driven by high demand for lithium, cobalt, and nickel recovery, and its application in EVs and electronics. 3.Recycling Process: o Segments cover pyrometallurgical, hydrometallurgical, and other processes. o The pyrometallurgical process holds the largest share in 2024 due to its efficiency and ability to recover valuable materials. Regional Insights Asia-Pacific leads the black mass recycling market, with factors such as: Strong government policies for recycling. A booming consumer electronics market. Page 1 of 3 Meticulous Research| sales@meticulousresearch.com
Black Mass RecyclingMarket2024-2030 High demand for EVs and lithium-ion batteries. Europe and North America also represent significant markets, driven by environmental regulations and advanced recycling infrastructure. Key Players Leading companies in the market include:BASF SE (Germany), Umicore SA (Belgium), Tenova S.p.A. (Italy), Li-Cycle Holdings Corp. (Canada), Lithion Recycling Inc. (Canada), AkkuSer Oy (Finland), Duesenfeld GmbH (Germany), Aqua Metals Inc. (U.S.), SungEel Hi-Tech. Co., Ltd. (South Korea), Fortum Corporation (Finland), Redux GmbH (Germany), Green Li-ion Pte Ltd. (Singapore), Tata Chemicals Limited (India), Attero Recycling Pvt. Lyd. (India), Exigo Recycling Pvt. Ltd. (India). Buy Now: https://www.meticulousresearch.com/Checkout/70812436? About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 3 Meticulous Research| sales@meticulousresearch.com
