Market Overview:
The global lithium-ion battery reuse 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 industrial applications, and the rising concerns over climate change. The global lithium-ion battery reuse 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 others. The LiCoO2 Battery segment is expected to hold a major share in terms of revenue in 2018 owing to its high capacity and energy density 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 also projected to witness significant growth during the forecast period from 2018-2030. On the basis of application; automotive sector held a dominant share in 2017 due its growing demand for electric vehicles across all regions globally followed by industrial sector which includes UPS systems & motive power applications among others segments .
Product Definition:
Reuse of lithium-ion batteries can help to extend the life of the battery and reduce environmental waste. By using a battery until it is no longer able to hold a charge, the user can prevent the need to purchase and use a new battery.
LiCoO2 Battery:
LiCoO2 is a lithium cobalt oxide battery, which is the most commonly used material for rechargeable batteries. It has a high energy density and exhibits stable discharge voltage over a wide range of currents. The key properties of LiCoO2 include low self-heating during charging and discharging, fast charge & cycle time, good thermal stability under charge & discharge conditions, excellent safety performance with respect to short circuits and overheating etc.
NMC Battery:
NMC battery is a rechargeable lithium-ion battery that has been used in many mobile devices such as laptops, smartphones and tablets. It is also used in some electric & hybrid vehicles. The key benefit of NMC batteries over other rechargeable batteries such as LiPON or Li-ion or NiMH or NiCd are the low self-discharge rate and high charge density (Wh/Litre) ratio.
Application Insights:
The automotive segment accounted for a share of more than 30% in 2017. The growing adoption of electric and hybrid vehicles is expected to drive the demand for lithium-ion batteries over the forecast period owing to their high energy density. This, in turn, is likely to propel the growth of this market during the estimated period.
The increasing penetration of smartphones has led to an increased number of electronic devices being used daily. This has resulted in an increased need for power storage solutions that are compatible with various types and sizes of batteries across various applications such as medical equipment, industrial machinery and UPS systems among others.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing lithium-ion battery manufacturing capacity in China, Japan, South Korea, and Taiwan. In addition, rising investments by various companies for developing advanced Li-ion batteries are also expected to drive regional growth over the next eight years.
The growing demand for electric vehicles along with increasing sales of laptops and mobile phones is anticipated to fuel product demand in Europe during the forecast period.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for lithium-ion batteries, which can be reused.
- Proliferation of renewable energy sources: Renewable energy sources such as solar and wind are becoming increasingly popular due to their environmental benefits. This will lead to an increase in the demand for lithium-ion batteries, which can be reused.
- Reduction in battery prices: The price of lithium-ion batteries has been declining rapidly in recent years, owing to advancements in technology and increased production capacity. This is likely to continue over the next few years, making them more affordable for consumers and businesses alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium-ion Battery Reuse Market Research Report
By Type
LiCoO2 Battery, NMC Battery, LiFePO4 Battery, Others
By Application
Automotive, 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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Lithium-ion Battery Reuse Market Report Segments:
The global Lithium-ion Battery Reuse market is segmented on the basis of:
Types
LiCoO2 Battery, NMC Battery, LiFePO4 Battery, Others
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, 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 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
- Others
- By Application:
- Automotive
- 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 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
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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 reuse is the process of recovering and reusing lithium ion batteries. This can be done by extracting usable materials from the battery, such as metals and plastics, and then creating new batteries using those materials.
Some of the major companies in the lithium-ion battery reuse 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 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium-ion Battery Reuse 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 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 Market Size & Forecast, 2018-2028
4.5.1 Lithium-ion Battery Reuse Market Size and Y-o-Y Growth
4.5.2 Lithium-ion Battery Reuse Market Absolute $ Opportunity
Chapter 5 Global Lithium-ion Battery Reuse 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 Market Size Forecast by Type
5.2.1 LiCoO2 Battery
5.2.2 NMC Battery
5.2.3 LiFePO4 Battery
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium-ion Battery Reuse 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 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Industrial
6.2.3 Electric Power
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium-ion Battery Reuse 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America Lithium-ion Battery Reuse 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 Market Size Forecast by Type
9.6.1 LiCoO2 Battery
9.6.2 NMC Battery
9.6.3 LiFePO4 Battery
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Industrial
9.10.3 Electric Power
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium-ion Battery Reuse 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 Market Size Forecast by Type
10.6.1 LiCoO2 Battery
10.6.2 NMC Battery
10.6.3 LiFePO4 Battery
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Industrial
10.10.3 Electric Power
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium-ion Battery Reuse 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 Market Size Forecast by Type
11.6.1 LiCoO2 Battery
11.6.2 NMC Battery
11.6.3 LiFePO4 Battery
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Industrial
11.10.3 Electric Power
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium-ion Battery Reuse 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 Market Size Forecast by Type
12.6.1 LiCoO2 Battery
12.6.2 NMC Battery
12.6.3 LiFePO4 Battery
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Industrial
12.10.3 Electric Power
12.10.4 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 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium-ion Battery Reuse 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 Market Size Forecast by Type
13.6.1 LiCoO2 Battery
13.6.2 NMC Battery
13.6.3 LiFePO4 Battery
13.6.4 Others
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 Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Industrial
13.10.3 Electric Power
13.10.4 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 Market: Competitive Dashboard
14.2 Global Lithium-ion Battery Reuse 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
