The black mass recycling market is expected to increase at a compound annual growth rate of 19.5% between 2023 and 2030, from an estimated USD 8.1 billion in 2022 to USD 33.66 billion by 2030. In the quickly expanding battery sector, the process of black mass recycling is becoming an increasingly valuable resource for efficiency. It also plays a critical role in promoting environmental sustainability, which propels market expansion.
Black mass recycling is the process of extracting valuable metals from spent lithium-ion batteries, like nickel, cobalt, and lithium. A mixture of cathode materials, electrolytes, and other elements including cobalt, nickel, and lithium make up black mass, a powdery substance.

Request For Free Sample Pages @ https://www.xresearch.biz/request-sample-pages/black-mass-recycling-market

GROWTH DRIVERS
The market for lithium-ion batteries is growing due to their increasing use in electric vehicles, which is driving up demand for the batteries and increasing the amount of wasted batteries that need to be recycled. The demand for wearable technology, laptops, tablets, and smartphones has led to a notable increase in the market for black mass recycling. It lessens the negative effects on the environment and aids in the preservation of precious metals.
Another major factor propelling the black mass recycling market is the emphasis placed on waste reduction and recycling of electronic waste, which offers a chance to recover valuable metals from abandoned lithium-ion batteries. Growing environmental consciousness over pollution, depletion of resources, and climate change is propelling the need for more sustainable and effective recycling practices, such as black mass recycling.
MARKET SEGMENTATION:
· By Technology –
• Hydrometallurgy
• Pyrometallurgy
· By Recovered Metal –
• Nickel
• Copper
• Lithium
• Copper
• Manganese and others
· By Application –
• Automotive
• consumer electronics
• energy
• aerospace and defense
· By Region –
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Global Key Players:
· Tenova S.P.A
· BASF SE
· Umicore
· AKKUSER
· Li-cycle Corp.
· Redux GmbH
· Electra
· TATA chemicals
· Rubamin
· ECOGRAF

For More Information about this Report @ https://www.xresearch.biz/shop/black-mass-recycling-market

About Us: -
xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

Contact:
Company Name: xResearch
Contact Person: James Lin
Email: [email protected]
Phone: +1 718-618-4545