Market Overview:
The global Li-ion battery recycling market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising concerns over environmental pollution. The LiCoO2 battery segment is expected to hold the largest share of the global Li-ion battery recycling market in 2018. This segment is also projected to grow at a CAGR of XX% during the forecast period. The high adoption rate of LiCoO2 batteries in automotive applications is driving the growth of this segment. In terms of application, the automotive sector is expected to hold the largest share of the global Li-ion battery recycling market in 2018.
Product Definition:
Li-ion Battery Recycling is the process of recovering and recycling used or damaged lithium ion batteries. The importance of Li-ion Battery Recycling is that it helps keep lithium ion batteries out of landfills, where they can potentially cause environmental damage. It also helps reduce the number of new lithium ion batteries that need to be produced, which can save energy and resources.
LiCoO2 Battery:
LiCoO2 is a type of lithium cobalt oxide. It has the same composition as that of Li-ion, but in comparison to it, Li-ion has higher energy density and longer life cycle. The material is produced in laboratories by controlling various processes that are involved in the production of other lithium batteries such as ABL & CVD process and thermal processing method.
NMC Battery:
NMC battery is a type of rechargeable lithium-ion battery that has no liquid electrolyte and hence is considered as dry cell. It consists of anodes made from graphite, cathode from lithium cobalt oxide, and a separator between them.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing automotive industry, especially in China, Japan and Germany is expected to drive demand for recycled products including Li-ion batteries. For instance, as per a survey of Japanese automakers conducted by the Ministry of Economy Trade and Industry (METI), around 80% of electric vehicles require replacementable batteries due to their heavy weight. This factor is anticipated to boost recycling activities over the coming years.
The industrial segment accounted for 19% share in 2017 owing to rising demand from power tools manufacturers such as Makita Corporation., DeWalt Corporation., Black & Decker Inc., etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for recycled batteries from key industries including automotive, consumer electronics, and power applications. Increasing production of electric vehicles coupled with rising government initiatives such as “Make in India†and “Made in China 2025†is anticipated to drive regional demand over the coming years.
The growing manufacturing sector across emerging economies of Asia Pacific has led to an increase in energy storage systems (ESS) usage which will further boost market development. Furthermore, favorable government policies aimed at promoting domestic manufacturing output are likely to contribute towards increased Li-ion battery recycling activities within APAC region thereby driving industry growth over the forecast period.
North America held a substantial share of nearly 20% by revenue owing high consumption rates of electronic devices coupled with stringent environmental regulations regarding e-waste generation within U.S.
Growth Factors:
- Increasing demand for electric vehicles and hybrid vehicles
- Stringent government regulations on battery disposal and recycling
- Growing awareness about the benefits of battery recycling
- Development of innovative technologies for battery recycling
- Expansion of the global Li-ion battery market
Scope Of The Report
Report Attributes
Report Details
Report Title
Li-ion Battery Recycling Market Research Report
By Type
LiCoO2 Battery, NMC Battery, LiFePO4 Battery, Other
By Application
Automotive, Marine, Industrial, Electric Power
By Companies
Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy, OnTo Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Li-ion Battery Recycling Market Report Segments:
The global Li-ion Battery Recycling market is segmented on the basis of:
Types
LiCoO2 Battery, NMC Battery, LiFePO4 Battery, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Marine, Industrial, Electric Power
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Umicore
- GEM
- Brunp Recycling
- SungEel HiTech
- Taisen Recycling
- Batrec
- Retriev Technologies
- Tes-Amm(Recupyl)
- Duesenfeld
- 4R Energy
- OnTo Technology
Highlights of The Li-ion Battery Recycling Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LiCoO2 Battery
- NMC Battery
- LiFePO4 Battery
- Other
- By Application:
- Automotive
- Marine
- Industrial
- Electric Power
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Li-ion Battery Recycling Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Li-ion battery recycling is the process of recovering valuable materials from used lithium ion batteries. These materials can be used to create new batteries, or they can be sold as raw materials.
Some of the key players operating in the li-ion battery recycling market are Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy, OnTo Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Li-ion Battery Recycling Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Li-ion Battery Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Li-ion Battery Recycling Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Li-ion Battery Recycling Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Li-ion Battery Recycling Market Size & Forecast, 2018-2028
4.5.1 Li-ion Battery Recycling Market Size and Y-o-Y Growth
4.5.2 Li-ion Battery Recycling Market Absolute $ Opportunity
Chapter 5 Global Li-ion Battery Recycling Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Li-ion Battery Recycling Market Size Forecast by Type
5.2.1 LiCoO2 Battery
5.2.2 NMC Battery
5.2.3 LiFePO4 Battery
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Li-ion Battery Recycling Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Li-ion Battery Recycling Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Marine
6.2.3 Industrial
6.2.4 Electric Power
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Li-ion Battery Recycling Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Li-ion Battery Recycling Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Li-ion Battery Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Li-ion Battery Recycling Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Li-ion Battery Recycling Market Size Forecast by Type
9.6.1 LiCoO2 Battery
9.6.2 NMC Battery
9.6.3 LiFePO4 Battery
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Li-ion Battery Recycling Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Marine
9.10.3 Industrial
9.10.4 Electric Power
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Li-ion Battery Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Li-ion Battery Recycling Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Li-ion Battery Recycling Market Size Forecast by Type
10.6.1 LiCoO2 Battery
10.6.2 NMC Battery
10.6.3 LiFePO4 Battery
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Li-ion Battery Recycling Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Marine
10.10.3 Industrial
10.10.4 Electric Power
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Li-ion Battery Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Li-ion Battery Recycling Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Li-ion Battery Recycling Market Size Forecast by Type
11.6.1 LiCoO2 Battery
11.6.2 NMC Battery
11.6.3 LiFePO4 Battery
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Li-ion Battery Recycling Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Marine
11.10.3 Industrial
11.10.4 Electric Power
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Li-ion Battery Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Li-ion Battery Recycling Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Li-ion Battery Recycling Market Size Forecast by Type
12.6.1 LiCoO2 Battery
12.6.2 NMC Battery
12.6.3 LiFePO4 Battery
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Li-ion Battery Recycling Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Marine
12.10.3 Industrial
12.10.4 Electric Power
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Li-ion Battery Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Li-ion Battery Recycling Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Li-ion Battery Recycling Market Size Forecast by Type
13.6.1 LiCoO2 Battery
13.6.2 NMC Battery
13.6.3 LiFePO4 Battery
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Li-ion Battery Recycling Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Marine
13.10.3 Industrial
13.10.4 Electric Power
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Li-ion Battery Recycling Market: Competitive Dashboard
14.2 Global Li-ion Battery Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Umicore
14.3.2 GEM
14.3.3 Brunp Recycling
14.3.4 SungEel HiTech
14.3.5 Taisen Recycling
14.3.6 Batrec
14.3.7 Retriev Technologies
14.3.8 Tes-Amm(Recupyl)
14.3.9 Duesenfeld
14.3.10 4R Energy
14.3.11 OnTo Technology
