Market Overview:
The global lithium-ion battery recyclers 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 awareness about environment-friendly practices. The global lithium-ion battery recyclers market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into LiCoO2 battery, ternary battery, LiFePO4 battery, and other batteries. The LiCoO2 Battery segment is expected to hold a major share in terms of revenue in 2018 owing to its high adoption rate in digital devices such as laptops and smartphones. However, with increasing demand for electric vehicles across the globe, the LiFePO4 Battery segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030. On the basis of application, Lithium ion batteries are used majorly in two applications: digital lithum batteries and power lithum batteries. The power lithum batteris subsector dominates ths overall Lithium ion battey recycling sector with a lion’s share ogf total reveneus generated form this sector globally followed by digitial lithiun batteris subsector .
Product Definition:
Lithium-ion Battery Recyclers are companies that recycle lithium-ion batteries. They extract the valuable metals from the battery and dispose of the rest of the battery safely. Lithium-ion Battery Recyclers are important because they help keep batteries out of landfills and reduce environmental pollution.
LiCoO2 Battery:
LiCoO2 is a lithium cobalt oxide battery, which is used in applications where high energy density and long cycle time are required. It offers several advantages over traditional batteries such as higher charge density, less self-discharge rate, and lower maintenance requirements. The growing demand for electric vehicles along with the rising popularity of wearable electronics devices that incorporate LiCoO2 batteries to store information about the user’s activities are expected to drive market growth over the forecast period.
Ternary Battery:
The ternary battery is a rechargeable battery with three different components, namely positive, negative and central electrode. It has been used in space shuttles and is also used in some mobile phones. The primary reason for its usage in the lithium-ion battery recyclers’ market is that it offers high energy density when compared to a conventional lithium-ion cell.
Application Insights:
The power lithium battery application segment led the global market in 2017. This is attributed to the growing demand for electric vehicles and renewable energy storage systems. The power lithium-ion battery recyclers are mainly located in developed regions such as North America and Europe due to high production of electric vehicles, which require large amount of batteries for their functioning.
The growing number of EVs is expected to drive the demand for recycled batteries over the forecast period, thereby propelling growth across all regions. For instance, as per Nissan LEAF website, currently more than 80% of Nissan LEAF's total battery produced is re-used or recycled through various programs organized by governments or automotive manufacturers across countries like Japan and South Korea; this percentage is expected to increase with time span until 2030s when it will reach nearly 100%. Such trends are projected to boost industry expansion over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Panasonic, Samsung SDI, LG Chem, and Sony Corporation; coupled with growing demand from end-use industries such as automotive and consumer electronics are some of the major factors contributing to regional growth.
The increasing use of electric vehicles across various countries worldwide is also anticipated to drive regional growth over the forecast period. For instance, China has witnessed a surge in lithium-ion battery recycling activities since 2010s due to rapid adoption of EVs by several companies including BYD Auto Co., Ltd., Dongfeng Motor Corp., Kandi Technologies Group Co Ltd.; among others. This factor alone will boost revenue generation for recyclers across Asia Pacific region during the forecast period.
Europe was another prominent region that accounted for a significant share in terms of revenue generation owing to high demand from EV industry mainly within Germany and U.K.
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 will in turn drive the growth of the lithium-ion battery recyclers market.
- Stringent environmental regulations: Governments across the globe are implementing stringent environmental regulations, which is driving companies to adopt environmentally friendly technologies such as lithium-ion battery recycling. This will help propel the growth of the lithium-ion battery recyclers market during the forecast period.
- Technological advancements: The development of new and innovative technologies has led to an increase in efficiency and performance of lithium-ion batteries, thereby increasing their adoption in various applications such as electric vehicles and portable devices. This is expected to fuelthe growth ofthe lithiump ion battery recyclersmarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium-ion Battery Recyclers Market Research Report
By Type
LiCoO2 Battery, Ternary Battery, LiFePO4 Battery, Other Battery, Lithium-ion Battery Recycler
By Application
Digital Lithium Battery, Power Lithium Battery
By Companies
GEM, Brunp Recycling, Ganzhou Highpower, SungEel HiTech, Umicore, Taisen Recycling, ????, Retriev Technologies, Batrec, Tes-Amm(Recupyl), Duesenfeld, Huayou Cobalt, 4R Energy Corp, OnTo Technology, Lithium-ion Battery Recycler
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Lithium-ion Battery Recyclers Market Report Segments:
The global Lithium-ion Battery Recyclers market is segmented on the basis of:
Types
LiCoO2 Battery, Ternary Battery, LiFePO4 Battery, Other Battery, Lithium-ion Battery Recycler
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
Digital Lithium Battery, Power Lithium Battery
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:
- GEM
- Brunp Recycling
- Ganzhou Highpower
- SungEel HiTech
- Umicore
- Taisen Recycling
- ????
- Retriev Technologies
- Batrec
- Tes-Amm(Recupyl)
- Duesenfeld
- Huayou Cobalt
- 4R Energy Corp
- OnTo Technology
- Lithium-ion Battery Recycler
Highlights of The Lithium-ion Battery Recyclers 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
- Ternary Battery
- LiFePO4 Battery
- Other Battery
- Lithium-ion Battery Recycler
- By Application:
- Digital Lithium Battery
- Power Lithium Battery
- 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 Recyclers 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 recyclers are businesses that collect and process used lithium ion batteries. These businesses may either recycle the batteries themselves or work with other companies to do so. Recycling lithium ion batteries helps reduce environmental pollution and saves energy resources.
Some of the key players operating in the lithium-ion battery recyclers market are GEM, Brunp Recycling, Ganzhou Highpower, SungEel HiTech, Umicore, Taisen Recycling, ????, Retriev Technologies, Batrec, Tes-Amm(Recupyl), Duesenfeld, Huayou Cobalt, 4R Energy Corp, OnTo Technology, Lithium-ion Battery Recycler.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium-ion Battery Recyclers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lithium-ion Battery Recyclers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lithium-ion Battery Recyclers Market - Supply Chain
4.5. Global Lithium-ion Battery Recyclers Market Forecast
4.5.1. Lithium-ion Battery Recyclers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lithium-ion Battery Recyclers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lithium-ion Battery Recyclers Market Absolute $ Opportunity
5. Global Lithium-ion Battery Recyclers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lithium-ion Battery Recyclers Market Size and Volume Forecast by Type
5.3.1. LiCoO2 Battery
5.3.2. Ternary Battery
5.3.3. LiFePO4 Battery
5.3.4. Other Battery
5.3.5. Lithium-ion Battery Recycler
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lithium-ion Battery Recyclers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lithium-ion Battery Recyclers Market Size and Volume Forecast by Application
6.3.1. Digital Lithium Battery
6.3.2. Power Lithium Battery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lithium-ion Battery Recyclers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lithium-ion Battery Recyclers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lithium-ion Battery Recyclers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lithium-ion Battery Recyclers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lithium-ion Battery Recyclers Demand Share Forecast, 2019-2026
9. North America Lithium-ion Battery Recyclers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lithium-ion Battery Recyclers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lithium-ion Battery Recyclers Market Size and Volume Forecast by Application
9.4.1. Digital Lithium Battery
9.4.2. Power Lithium Battery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lithium-ion Battery Recyclers Market Size and Volume Forecast by Type
9.7.1. LiCoO2 Battery
9.7.2. Ternary Battery
9.7.3. LiFePO4 Battery
9.7.4. Other Battery
9.7.5. Lithium-ion Battery Recycler
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lithium-ion Battery Recyclers Demand Share Forecast, 2019-2026
10. Latin America Lithium-ion Battery Recyclers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lithium-ion Battery Recyclers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lithium-ion Battery Recyclers Market Size and Volume Forecast by Application
10.4.1. Digital Lithium Battery
10.4.2. Power Lithium Battery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lithium-ion Battery Recyclers Market Size and Volume Forecast by Type
10.7.1. LiCoO2 Battery
10.7.2. Ternary Battery
10.7.3. LiFePO4 Battery
10.7.4. Other Battery
10.7.5. Lithium-ion Battery Recycler
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lithium-ion Battery Recyclers Demand Share Forecast, 2019-2026
11. Europe Lithium-ion Battery Recyclers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lithium-ion Battery Recyclers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lithium-ion Battery Recyclers Market Size and Volume Forecast by Application
11.4.1. Digital Lithium Battery
11.4.2. Power Lithium Battery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lithium-ion Battery Recyclers Market Size and Volume Forecast by Type
11.7.1. LiCoO2 Battery
11.7.2. Ternary Battery
11.7.3. LiFePO4 Battery
11.7.4. Other Battery
11.7.5. Lithium-ion Battery Recycler
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lithium-ion Battery Recyclers Demand Share, 2019-2026
12. Asia Pacific Lithium-ion Battery Recyclers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lithium-ion Battery Recyclers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lithium-ion Battery Recyclers Market Size and Volume Forecast by Application
12.4.1. Digital Lithium Battery
12.4.2. Power Lithium Battery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lithium-ion Battery Recyclers Market Size and Volume Forecast by Type
12.7.1. LiCoO2 Battery
12.7.2. Ternary Battery
12.7.3. LiFePO4 Battery
12.7.4. Other Battery
12.7.5. Lithium-ion Battery Recycler
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lithium-ion Battery Recyclers Demand Share, 2019-2026
13. Middle East & Africa Lithium-ion Battery Recyclers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lithium-ion Battery Recyclers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lithium-ion Battery Recyclers Market Size and Volume Forecast by Application
13.4.1. Digital Lithium Battery
13.4.2. Power Lithium Battery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lithium-ion Battery Recyclers Market Size and Volume Forecast by Type
13.7.1. LiCoO2 Battery
13.7.2. Ternary Battery
13.7.3. LiFePO4 Battery
13.7.4. Other Battery
13.7.5. Lithium-ion Battery Recycler
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lithium-ion Battery Recyclers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lithium-ion Battery Recyclers Market: Market Share Analysis
14.2. Lithium-ion Battery Recyclers Distributors and Customers
14.3. Lithium-ion Battery Recyclers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GEM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brunp Recycling
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ganzhou Highpower
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SungEel HiTech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Umicore
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Taisen Recycling
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ????
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Retriev Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Batrec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tes-Amm(Recupyl)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Duesenfeld
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Huayou Cobalt
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. 4R Energy Corp
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. OnTo Technology
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lithium-ion Battery Recycler
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
