Lithium-ion Battery Recycling Market Will Be The Future Ready By The End Of The Forecast Period 2019 - 2027
Global Lithium-ion Battery Recycling Market: Overview The lithium-ion batteries have a number of heavy metals and hazardous chemicals. The batteries usually have the lifespan of around five to ten years. The disposal of Li-ion batteries has raised a lot of concerns about the polluting the environment such as soil pollution and water pollution. The overall demand for li-ion batteries has grown in recent years, especially in countries such as China. This growth is mainly due to the rise in the number of energy storage systems and the increased adoption of battery-driven vehicles. Global Lithium-ion Battery Recycling Market : Notable Developments Some of the key development in the global lithium-ion battery recycling market are listed below: In June 2019, FMC Corporation announced that the company has plans to invest over US$50 million in the coming three years. The investments will be made in the capital improvement projects and will include the reconfiguration of state of th...