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The US lithium-ion battery recycling market size is forecast to increase by USD 56.2 million at a CAGR of 24.3% between 2023 and 2028. The lithium-ion battery recycling market in the US is experiencing significant growth due to several factors. The increasing production of batteries for electric vehicles and energy storage systems is driving market demand. Additionally, safety concerns surrounding the storage and transportation of damaged batteries, particularly in the aftermath of natural disasters such as the Maui wildfires and hurricanes Milton and Helene, have heightened the need for recycling solutions. First responders and transport companies require efficient methods to manage and dispose of damaged batteries in a sustainable manner. Climate change and extreme weather events are expected to increase in frequency, further emphasizing the importance of battery recycling for sustainability. The supply chain for lithium-ion batteries is also evolving to accommodate the growing demand for recycling, presenting opportunities for market participants.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Source
7 Market Segmentation by Type
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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