Lithium battery recycling is gaining popularity due to the rise in the usage of lithium-ion batteries, which are employed in several industry applications including automobile, power, industrial and consumer electronics. Battery applications are moving toward larger power requirements and lower costs, meaning advancements in lithium-ion battery technology will be essential to meet consumer demand.
These growing requirements of lithium batteries have helped in the increase of research and development activities that overall improve the lithium-ion battery systems, which are expected to offer numerous opportunities and to fuel the growth of the upcoming market.
The recycling for batteries consisting of lithium ions mainly occurs through metal refining and chemical synthesis processes that recover and reprocess partially processed feedstock. More than other industries, battery materials are also subject to post consumer recycling.
This is usually accomplished by physically breaking up the battery, gravimetrically recovering the battery case, then smelting or chemically recovering electrodes and electrolytes, and finally refining and purifying the recovered battery compounds.
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.