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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Recycling batteries contributes to a reduction in the overall quantity of batteries disposed of in municipal solid trash. Batteries include a number of toxic materials and heavy metals, and improper disposal might have a negative impact on the environment.
The speed at which batteries degrade, battery size, battery type, and individual charging and driving habits are all factors that determine how long a battery may survive.
The need for recycling EV batteries is expanding quickly because it can stop harmful elements from entering the waste stream as a battery near the end of its useful life (EOL).
Leading companies are also creating novel recycling processes, including direct recycling and cathode-to-cathode recycling, to recover metals, minerals, chemicals, and chemical powders suited for direct sales to batteries.
The Mexico EV Battery Recycling Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
Ganfeng Lithium, one of the world's major producers and a supplier to Tesla, has announced that they will build a lithium-ion battery recycling factory in Mexico, giving the nation another foothold in the China-dominated global lithium trade.
Ganfeng is a partner in Mexico's first lithium mine, which is located in the northern state of Sonora and boasts one of the greatest reserves in the world, together with the British mining business Bacanora.
Together, the Sonora mine and battery recycling facility will become a significant regional hub for the supply of lithium and other valuable elements, moving production closer to the ideal of "closed cycles," where the energy used in manufacturing is returned to the production process through recycling, lowering emissions.
The Milwaukee, Wisconsin-based Johnson Controls Inc. has announced intentions to expand its automobile battery recycling facility in Cienega de Flores, Nuevo Leon, Mexico.
According to the firm, the investment will pay for the installation of new, bigger, and more effective rotary furnaces at the factory. At the site, the corporation has made investments in new environmental control technology.
The investment is a component of our wider plan to increase North America's recycling capacity. As a result of our ongoing improvements,
this plant will be among the world's most cutting-edge battery recycling facilities, demonstrating our dedication to both Mexican and American air pollution requirements.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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