The IDTechEx report examines the worldwide market for Li-ion battery recycling and presents a 20-year recycling forecast for Li-ion batteries from a variety of sources, including electric vehicles, consumer electronics, manufacturing scrap, and stationary energy storage. The report emphasizes the significance of recycling Li-ion batteries for their sustainability and the recovery of valuable metals. The report also discusses the potential of establishing a circular supply chain and reducing dependence on mining for raw materials. The Li-ion battery recycling market is expected to expand significantly over the next two decades, driven by the exponential growth in demand for electric vehicles. The report offers a thorough analysis of the current state of the Li-ion battery recycling market, including a global technology and policy deep-dive. Key issues surrounding efficient Li-ion battery recycling, such as battery collection and disassembly, battery repurposing, and the economics of Li-ion battery recycling, are also discussed. Overall, the report provides valuable insights into the expanding importance and potential of Li-ion battery recycling.
Date: 31 May 2023