HZO, a leader in ultra-thin conformal coating technologies, delves into the intricacies of Lithium-Ion battery designs in this insightful article. Discover more > >
According to a study by Markets and Markets, the battery recycling sector is projected to reach $23.2 billion by 2025, growing at a compound annual growth rate (CAGR) of 6.1% from 2020 to 2025.
This sector, wich focuses on the recycling of batteries, spans multiple industries and includes various battery types such as lead-acid, lithium-ion (Li-ion), and nickel-based batteries. The growth of this market is driven by sustainability initiatives aimed at conserving resources, minimizing carbon emissions, and restoring soil health.
Despite the evident need for responsible battery disposal,challenges persist,notably with Li-ion batteries,which pose significant concerns for product designers.
The comprehensive article addresses the following topics:
- Challenges in the disposal and recycling of lithium-ion batteries
- Innovative designs for enhancing the longevity of Li-ion batteries as a potential solution
- HZO’s advanced coatings for lithium-ion battery applications
Explore the complete article here, or visit HZO’s website for further details.