North America Lithium-ion Battery Recycling Market Trends, Size, Segment and Growth by Forecast to 2030
Market Overview and Dynamics The North American lithium-ion battery recycling market is projected to expand from US$ 35.90 million in 2019 to US$ 139.56 million by 2027 , reflecting a CAGR of 21.4% from 2020 to 2027 . Currently, large-scale pyrometallurgy facilities dominate lithium-ion battery recycling. These facilities operate at approximately 1500ยฐC to recover valuable metals such as cobalt, nickel, lithium, aluminum, and copper , alongside other organic compounds. However, the high capital investment required for these facilitiesโprimarily due to the need for emission treatment of toxic fluorine compounds released during smeltingโposes a significant challenge. ๐ ๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐
๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ - https://www.businessmarketinsights.com/sample/TIPRE00019124 In contrast, hydrometallurgy is emerging as a more energy-efficient and cost-effective alternative . Researchers are actively exploring new, lower-cost recycling methods, and some companies have already ...