Global lithium-ion battery recycling market is projected to register a CAGR of 21.3% in the forecast period of 2022 to 2029.The new market report contains data for historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
Market Segmentation:
Global lithium-ion battery recycling market is segmented into by Component (Active, Non-Active Material), By Chemistry (Lithium-Nickel Manganese Cobalt (Li-NMC), Lithium Cobalt Oxide (LCO), Lithium-Manganese Oxide (LMO), Lithium-Iron Phosphate (LFP), Lithium-Nickel Cobalt Aluminum Oxide (NCA), Lithium-Titanate Oxide (LTO)), By Recycling Process (Hydrometallurgical Process, Pyrometallurgy Process And Physical/ Mechanical Process) Industry Trends and Forecast to 2029.
Some of the major factors contributing to the growth of the global lithium-ion battery recycling market are:
Rising adoption of smart consumer electronics across the region
Increasing investment from R&D and government for recycling process
Market Players
Some of the major players operating in the global lithium-ion battery recycling market are:
Retriev Technologies,
Umicore,
Saubermacher Dienstleistungs AG
American Manganese Inc.
Li-Cycle Corp
Akkuser Oy
TES
Fortum
Contemporary Amperex Technology Co. Limited
GEM Co., Ltd.
Ganfeng Lithium Co.,Ltd.
Attero
ACCUREC-Recycling GmbH
Duesenfeld GmbH
Tata Chemicals Ltd.
OnTo Technology LLC
Lithion Recycling
ECOBAT
Veolia Environnement SA
Batrec Industrie
Nickelhutte Aue GmbH
Neometals Ltd
Redwood Materials, Inc.
Envirostream Australia Pty Ltd
TABLE OF CONTENTS
1 INTRODUCTION 20
- 1.1 OBJECTIVES OF THE STUDY 20
- 1.2 MARKET DEFINITION 20
- 1.3 OVERVIEW OF THE GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET 20
- 1.4 CURRENCY AND PRICING 21
- 1.5 LIMITATIONS 22
- 1.6 MARKETS COVERED 22
2 MARKET SEGMENTATION 25
- 2.1 MARKETS COVERED 25
- 2.2 GEOGRAPHICAL SCOPE 26
- 2.3 YEARS CONSIDERED FOR THE STUDY 27
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL 28
- 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 31
- 2.6 DBMR MARKET POSITION GRID 32
- 2.7 VENDOR SHARE ANALYSIS 34
- 2.8 MULTIVARIATE MODELING 35
- 2.9 COMPONENT TIMELINE CURVE 35
- 2.10 MARKET CHALLENGE MATRIX 36
- 2.11 SECONDARY SOURCES 37
- 2.12 ASSUMPTIONS 37
3 EXECUTIVE SUMMARY 38
4 PREMIUM INSIGHTS 40
- 4.1 MANUFACTURING OUTLOOK 43
- 4.2 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 43
- 4.3 PORTER'S FIVE FORCES 45
- 4.4 VENDOR SELECTION CRITERIA 46
- 4.5 PESTEL ANALYSIS 48
- 4.6 SUPPLY CHAIN ANALYSIS 49
- 4.6.1 OVERVIEW 49
- 4.6.2 LOGISTIC COST SCENARIO 49
- 4.6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 50
- 4.7 CLIMATE CHANGE SCENARIO 51
- 4.7.1 ENVIRONMENTAL CONCERNS 51
- 4.7.2 INDUSTRY RESPONSE 51
- 4.7.3 GOVERNMENT'S ROLE 52
- 4.7.4 ANALYST RECOMMENDATION 53
5 REGULATION COVERAGE 54
6 MARKET OVERVIEW 56
- 6.1 DRIVERS 58
- 6.1.1 RISING DEMAND FOR SMART PHONES & CONSUMER ELECTRONICS 58
- 6.1.2 PENETRATION OF LOW CARBON GENERATION TRANSPORTATION FLEET 59
- 6.1.3 INCREASE IN DEMAND FOR LITHIUM-ION BATTERIES FOR VARIOUS INDUSTRIAL APPLICATIONS 59
- 6.1.4 RISE IN THE NUMBER OF ELECTRIC VEHICLES ACROSS THE REGION 60
- 6.1.5 INCREASE IN THE ADOPTION OF LITHIUM-ION BATTERIES IN THE DEFENSE SECTOR 60
- 6.2 RESTRAINTS 61
- 6.2.1 SAFETY ISSUES RELATED TO THE STORAGE AND TRANSPORTATION OF SPENT BATTERIES 61
- 6.2.2 STRINGENT GOVERNMENT REGULATIONS AND POLICIES FOR RECYCLING OF LITHIUM-ION BATTERY 61
- 6.3 OPPORTUNITIES 62
- 6.3.1 GROWING NUMBER OF R&D INITIATIVES AND GOVERNMENT FACILITIES FOR RECYCLING 62
- 6.3.2 RISE IN ACQUISITIONS & PARTNERSHIPS AMONG VARIOUS ORGANIZATIONS 63
- 6.3.3 INCREASE IN GROWTH OF RENEWABLE ENERGY ACROSS THE REGION 63
- 6.3.4 HIGHER ADOPTION OF CORDLESS POWER TOOLS 63
- 6.4 CHALLENGES 65
- 6.4.1 ISSUES RELATED TO OVERHEATING OF LITHIUM-ION BATTERY 65
- 6.4.2 HIGHER DEGRADATION RATE OF LITHIUM-ION BATTERY 65
7 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY COMPONENT 66
- 7.1 OVERVIEW 67
- 7.2 ACTIVE MATERIAL 68
- 7.3 NON-ACTIVE MATERIAL 69
8 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY CHEMISTRY 70
- 8.1 OVERVIEW 71
- 8.2 LITHIUM-NICKEL MANGANESE COBALT (LI-NMC) 72
- 8.3 LITHIUM COBALT OXIDE (LCO) 73
- 8.4 LITHIUM-MANGANESE OXIDE (LMO) 73
- 8.5 LITHIUM-IRON PHOSPHATE (LFP) 74
- 8.6 LITHIUM-NICKEL COBALT ALUMINIUM OXIDE (NCA) 75
- 8.7 LITHIUM-TITANATE OXIDE (LTO) 76
9 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY RECYCLING PROCESS 77
- 9.1 OVERVIEW 78
- 9.2 HYDROMETALLURGICAL PROCESS 79
- 9.3 PYROMETALLURGY PROCESS 80
- 9.4 PHYSICAL/ MECHANICAL PROCESS 81
10 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY REGION 82
- 10.1 OVERVIEW 83
- 10.2 ASIA-PACIFIC 89
- 10.2.1 CHINA 94
- 10.2.2 JAPAN 95
- 10.2.3 SOUTH KOREA 96
- 10.2.4 INDIA 97
- 10.2.5 AUSTRALIA 98
- 10.2.6 SINGAPORE 99
- 10.2.7 THAILAND 100
- 10.2.8 MALAYSIA 101
- 10.2.9 INDONESIA 102
- 10.2.10 PHILIPPINES 103
- 10.2.11 REST OF ASIA-PACIFIC 104
- 10.3 EUROPE 105
- 10.3.1 GERMANY 110
- 10.3.2 U.K. 111
- 10.3.3 FRANCE 112
- 10.3.4 ITALY 113
- 10.3.5 SPAIN 114
- 10.3.6 RUSSIA 115
- 10.3.7 BELGIUM 116
- 10.3.8 NETHERLANDS 117
- 10.3.9 SWITZERLAND 118
- 10.3.10 TURKEY 119
- 10.3.11 REST OF EUROPE 120
- 10.4 NORTH AMERICA 121
- 10.4.1 U.S. 125
- 10.4.2 CANADA 126
- 10.4.3 MEXICO 127
- 10.5 MIDDLE EAST & AFRICA 128
- 10.5.1 ISRAEL 133
- 10.5.2 SOUTH AFRICA 134
- 10.5.3 SAUDI ARABIA 135
- 10.5.4 U.A.E. 136
- 10.5.5 EGYPT 137
- 10.5.6 REST OF MIDDLE EAST & AFRICA 138
- 10.6 SOUTH AMERICA 139
- 10.6.1 BRAZIL 143
- 10.6.2 ARGENTINA 144
- 10.6.3 REST OF SOUTH AMERICA 145
11 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET: COMPANY LANDSCAPE 146
- 11.1 COMPANY SHARE ANALYSIS: GLOBAL 146
- 11.2 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 147
- 11.3 COMPANY SHARE ANALYSIS: EUROPE 148
- 11.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 149
12 SWOT ANALYSIS 150
13 COMPANY PROFILE 151
- 13.1 GLENCORE 151
- 13.1.1 COMPANY SNAPSHOT 151
- 13.1.2 REVENUE ANALYSIS 151
- 13.1.3 COMPANY SHARE ANALYSIS 152
- 13.1.4 PRODUCT PORTFOLIO 152
- 13.1.5 RECENT DEVELOPMENT 152
- 13.2 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED 153
- 13.2.1 COMPANY SNAPSHOT 153
- 13.2.2 REVENUE ANALYSIS 153
- 13.2.3 COMPANY SHARE ANALYSIS 154
- 13.2.4 SOLUTION CATEGORIES 154
- 13.2.5 ECENT DEVELOPMENT 154
- 13.3 UMICORE 155
- 13.3.1 COMPANY SNAPSHOT 155
- 13.3.2 REVENUE ANALYSIS 155
- 13.3.3 COMPANY SHARE ANALYSIS 156
- 13.3.4 PRODUCT POTFOLIO 156
- 13.3.5 RECENT DEVELOPMENT 156
- 13.4 GEM CO., LTD. 157
- 13.4.1 COMPANY SNAPSHOT 157
- 13.4.2 REVENUE ANALYSIS 157
- 13.4.3 COMPANY SHARE ANALYSIS 158
- 13.4.4 PRODUCT PORTFOLIO 158
- 13.4.5 RECENT DEVELOPMENT 158
- 13.5 VEOLIA 159
- 13.5.1 COMPANY SNAPSHOT 159
- 13.5.2 REVENUE ANALYSIS 159
- 13.5.3 COMPANY SHARE ANALYSIS 160
- 13.5.4 PRODUCT PORTFOLIO 160
- 13.5.5 RECENT DEVELOPMENTS 160
- 13.6 ACCUREC-RECYCLING GMBH 161
- 13.6.1 COMPANY SNAPSHOT 161
- 13.6.2 PRODUCT PORTFOLIO 161
- 13.6.3 RECENT DEVELOPMENT 161
- 13.7 AKKUSER OY 162
- 13.7.1 COMPANY SNAPSHOT 162
- 13.7.2 SERVICE PORTFOLIO 162
- 13.7.3 RECENT DEVELOPMENT 162
- 13.8 AMERICAN MANGANESE INC. 163
- 13.8.1 COMPANY SNAPSHOT 163
- 13.8.2 PRODUCT PORTFOLIO 163
- 13.8.3 RECENT DEVELOPMENT 163
- 13.9 ATTERO RECYCLING PVT. LTD. 164
- 13.9.1 COMPANY SNAPSHOT 164
- 13.9.2 PRODUCT PORTFOLIO 164
- 13.9.3 RECENT DEVELOPMENT 164
- 13.10 BATREC INDUSTRIE 165
- 13.10.1 COMPANY SNAPSHOT 165
- 13.10.2 PRODUCT PORTFOLIO 165
- 13.10.3 RECENT DEVELOPMENT 165
- 13.11 CAWLEYS 166
- 13.11.1 COMPANY SNAPSHOT 166
- 13.11.2 SERVICE PORTFOLIO 166
- 13.11.3 RECENT DEVELOPMENTS 166
- 13.12 DUESENFELD GMBH 167
- 13.12.1 COMPANY SNAPSHOT 167
- 13.12.2 PRODUCT PORTFOLIO 167
- 13.12.3 RECENT DEVELOPMENT 167
- 13.13 ECOBAT 168
- 13.13.1 COMPANY SNAPSHOT 168
- 13.13.2 PRODUCT PORTFOLIO 168
- 13.13.3 RECENT DEVELOPMENT 168
- 13.14 ENVIROSTREAM AUSTRALIA PTY LTD 169
- 13.14.1 COMPANY SNAPSHOT 169
- 13.14.2 SERVICE PORTFOLIO 169
- 13.14.3 RECENT DEVELOPMENTS 169
- 13.15 FORTUM 170
- 13.15.1 COMPANY SNAPSHOT 170
- 13.15.2 REVENUE ANALYSIS 170
- 13.15.3 PRODUCT PORTFOLIO 171
- 13.15.4 RECENT DEVELOPMENT 171
- 13.16 GANFENG LITHIUM CO., LTD 172
- 13.16.1 COMPANY SNAPSHOT 172
- 13.16.2 REVENUE ANALYSIS 172
- 13.16.3 PRODUCT PORTFOLIO 173
- 13.16.4 RECENT DEVELOPMENT 173
- 13.17 LI-CYCLE CORP 174
- 13.17.1 COMPANY SNAPSHOT 174
- 13.17.2 REVENUE ANALYSIS 174
- 13.17.3 SERVICE PORTFOLIO 175
- 13.17.4 RECENT DEVELOPMENT 175
- 13.18 LITHION RECYCLING 176
- 13.18.1 COMPANY SNAPSHOT 176
- 13.18.2 PRODUCT PORTFOLIO 176
- 13.18.3 RECENT DEVELOPMENTS 176
- 13.19 NEOMETALS LTD 178
- 13.19.1 COMPANY SNAPSHOT 178
- 13.19.2 REVENUE ANALYSIS 178
- 13.19.3 PRODUCT PORTFOLIO 179
- 13.19.4 RECENT DEVELOPMENT 179
- 13.20 NICKELHUTTE AUE GMBH 180
- 13.20.1 COMPANY SNAPSHOT 180
- 13.20.2 PRODUCT PORTFOLIO 180
- 13.20.3 RECENT DEVELOPMENTS 180
- 13.21 ONTO TECHNOLOGY LLC 181
- 13.21.1 COMPANY SNAPSHOT 181
- 13.21.2 SERVICE PORTFOLIO 181
- 13.21.3 RECENT DEVELOPMENTS 181
- 13.22 REDWOOD MATERIALS, INC., 182
- 13.22.1 COMPANY SNAPSHOT 182
- 13.22.2 SERVICE PORTFOLIO 182
- 13.22.3 RECENT DEVELOPMENT 182
- 13.23 RETRIEV TECHNOLOGIES 183
- 13.23.1 COMPANY SNAPSHOT 183
- 13.23.2 PRODUCT PORTFOLIO 183
- 13.23.3 RECENT DEVELOPMENTS 183
- 13.24 SAUBERMACHER DIENSTLEISTUNGS AG 184
- 13.24.1 COMPANY SNAPSHOT 184
- 13.24.2 PRODUCT PORTFOLIO 184
- 13.24.3 RECENT DEVELOPMENT 184
- 13.25 TATA CHEMICALS LTD. 185
- 13.25.1 COMPANY SNAPSHOT 185
- 13.25.2 REVENUE ANALYSIS 185
- 13.25.3 PRODUCT PORTFOLIO 186
- 13.25.4 RECENT DEVELOPMENT 186
- 13.26 TES 187
- 13.26.1 COMPANY SNAPSHOT 187
- 13.26.2 PRODUCT PORTFOLIO 187
- 13.26.3 RECENT DEVELOPMENT 187
14 QUESTIONNAIRE 188
15 RELATED REPORTS 191