Market Overview:
The global lithium-ion battery reuse and 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 global lithium-ion battery reuse and recycling market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into LiCoO2 battery, NMC battery, LiFePO4 battery, and other types. The LiCoO2 Battery segment is expected to hold a major share in terms of revenue in 2018 owing to its high capacity as compared to other types of batteries. However, with technological advancements being made in this field on a regular basis; other types such as NMC Battery are anticipated to witness higher growth rates during the forecast period from 2018to 2030.
Product Definition:
The recycling of lithium ion batteries is important because it conserves natural resources and prevents the release of toxic metals into the environment. Recycling also allows for the reuse of valuable materials, such as lithium, cobalt and nickel, which reduces manufacturing costs.
LiCoO2 Battery:
LiCoO2 is a lithium cobalt oxide battery, which is the most commonly used material for lithium-ion batteries. It offers several benefits over other materials such as safety, robustness and cost efficiency. The key drivers of LiCoO2 include its abundant availability and low cost compared to other raw materials required for manufacturing a battery of the same capacity.
The global market size was valued at USD 1 billion in 2015.
NMC Battery:
NMC battery is a rechargeable lithium-ion battery that has been used in numerous portable devices such as toys, digital cameras, and laptops. It is also used in some larger devices such as power tools and mobile phones. NMC batteries are commonly found on eBay and Amazon for reuse purposes with the majority of them being from old digital cameras & laptops.
Application Insights:
The automotive segment accounted for a share of more than 30.0% in 2017 and is expected to witness significant growth over the forecast period owing to rising sales of electric vehicles, which are largely dependent on lithium-ion batteries. The growing adoption of smartphones is also propelling the demand for recycled batteries as they have high energy density and can be used multiple times.
Global lithium-ion battery reuse.
The other applications include consumer electronics, UPS (uninterruptible power supply), medical equipment, renewable energy systems and grid storage systems among others. Increasing penetration of solar panels has led to an increase in the need for rechargeable batteries across various end-use industries including automotive & transportation; healthcare; consumer electronics; marine; industrial UPS etc., which provides ample opportunities for industry participants over the coming years.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growing adoption of electric vehicles, rapid industrialization, and rising demand for energy storage are some of the major factors driving growth in this region. China is estimated to be one of the key contributors to regional growth owing to increasing production as well as consumption of batteries.
The European Lithium-ion Battery Reuse.
In Europe, Germany emerged as a prominent market for lithium-ion battery recycling with more than 50% share in 2017 owing to high rate of battery recycling across various applications such as automotive & aerospace and power sector coupled with supportive government initiatives favoring ecofriendly technologies such Li-on batteries.
Growth Factors:
- Increasing demand for electric vehicles and hybrid vehicles
- Stringent government regulations on battery disposal and increasing environmental awareness among consumers
- Development of innovative recycling technologies
- Growing popularity of lithium-ion batteries in consumer electronics
- Rising prices of raw materials used in manufacturing lithium-ion batteries
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium-ion Battery Reuse and Recycling Market Research Report
By Type
LiCoO2 Battery, NMC Battery, LiFePO4 Battery, Other
By Application
Automotive, Marine, Industrial, Electric Power, Others
By Companies
Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy Corp, 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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Lithium-ion Battery Reuse and Recycling Market Report Segments:
The global Lithium-ion Battery Reuse and 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, Others
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 Corp
- OnTo Technology
Highlights of The Lithium-ion Battery Reuse and 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
- Others
- 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 Lithium-ion Battery Reuse and 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.
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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?
Lithium-ion battery recycling is the process of recovering usable materials from lithium ion batteries that have reached their end of life. This can include removing combustible material, such as plastics and insulation, and extracting valuable metals like nickel, cobalt, and aluminum.
Some of the key players operating in the lithium-ion battery reuse and recycling market are Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy Corp, OnTo Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Market Size & Forecast, 2018-2028
4.5.1 Lithium-ion Battery Reuse and Recycling Market Size and Y-o-Y Growth
4.5.2 Lithium-ion Battery Reuse and Recycling Market Absolute $ Opportunity
Chapter 5 Global Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Marine
6.2.3 Industrial
6.2.4 Electric Power
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Marine
9.10.3 Industrial
9.10.4 Electric Power
9.10.5 Others
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 Lithium-ion Battery Reuse and Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Marine
10.10.3 Industrial
10.10.4 Electric Power
10.10.5 Others
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 Lithium-ion Battery Reuse and Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Marine
11.10.3 Industrial
11.10.4 Electric Power
11.10.5 Others
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 Lithium-ion Battery Reuse and Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and 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 Lithium-ion Battery Reuse and Recycling Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Marine
12.10.3 Industrial
12.10.4 Electric Power
12.10.5 Others
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) Lithium-ion Battery Reuse and Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium-ion Battery Reuse and 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) Lithium-ion Battery Reuse and 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) Lithium-ion Battery Reuse and Recycling Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Marine
13.10.3 Industrial
13.10.4 Electric Power
13.10.5 Others
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 Lithium-ion Battery Reuse and Recycling Market: Competitive Dashboard
14.2 Global Lithium-ion Battery Reuse and 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 Corp
14.3.11 OnTo Technology
