Global Lithium-Ion Battery Recycling Market

Focus on Technology, Chemistry, End Source, and Regional Analysis

Published Year: 2020
SKU: MC00831SA

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Report Description

The global lithium-ion battery recycling market by volume valued at 97.0 kilotons in 2018 and is projected to reach 359.6 kiloton

Global Lithium-Ion Battery Recycling Market Forecast

The Global Lithium-Ion Battery Recycling Market analyzed by BIS Research is expected to show healthy growth in the coming years. The staggering adoption of lithium-ion batteries portrays that it would continue being a prominent source of clean energy at least till the next decade especially in the electro mobility field. Thus, a huge dominance of lithium-ion batteries can be anticipated given the ongoing and anticipated trends. The surge in the consumption of lithium-ion batteries further emphasize on the disposal of batteries that have reached their end-of-life. Most batteries end up in landfill and become a threat to the environment. The recycling of lithium-ion batteries therefore become play a crucial role in developing a closed loop system whereby the recovered materials can be reused in the batteries and help in meeting the rising demand for raw materials in the battery.

The Global Lithium-Ion Battery Recycling Market is at a very niche level when compared with the other batteries such as lead acid batteries. The government enforcement and market-based incentives for simplifying the designing process of the battery to facilitate easy disassembling are anticipated to play a key role in recycling industry. A sound infrastructure to promote collection of dead batteries and innovate technologies for executing the entire recycling process on a large scale are two essential factors that could escalate the recycling rates of lithium-ion batteries.

Expert Quote

“The recycling of lithium-ion batteries requires supportive regulations and government enforced laws to ensure smooth collection and recycling of the waste batteries.  Recycling of the batteries would help in reducing the overall emission and energy consumption related to mining of fresh raw materials. In fact, adequate supply of recovered raw materials would help in alleviating the material scarcity and thereby minimize the market price.”

Key Questions Answered in this Report

Why should an existing battery manufacturing company consider venturing into the recycling market, and what are the future growth

Key Questions Answered in this Report:

•    Why should an existing battery manufacturing company consider venturing into the recycling market, and what are the future growth opportunities?
•    For a new company looking to enter into the market, which areas in terms of technology and battery chemistry could it focus upon to stay ahead of the competition?
•    Which are the promising companies that have obtained financial support to develop their products and markets?
•    How does the supply chain function in the lithium-ion battery recycling market?
•    Which technology segment is expected to witness the maximum demand growth in the lithium-ion battery recycling market during 2018-2025?
•    Which are the key end-source areas from which different lithium-ion batteries have been recycled 2018, and which chemistries should be targeted by the recyclers during the forecast period, 2019-2025?
•    Which are the players that are highly active in the lithium-ion battery recycling market?
•    What are the key offerings of the prominent companies in the market for lithium-ion battery recycling? Which regions and countries are leading in recycling business, and which of them are expected to witness high demand growth from 2019-2025?
•    Which are the consumption patterns of lithium-ion battery recycling from end-source in different regions and the adoption pattern of different technologies in multiple countries and region during the period 2018-2025? 

Market Overview

The global lithium-ion battery recycling market by volume valued at 97.0 kilotons in 2018 and is projected to reach 359.6 kiloton

Scope of the Global Lithium-Ion Battery Recycling Market

The Global Lithium-Ion Battery Recycling Market provides detailed market information for segmentation on the basis of chemistry, technology, end-source and region. The purpose of this market analysis is to examine the lithium-ion battery recycling outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.

The report further takes into consideration the market dynamics and the competitive landscape along with the detailed financial and product contribution of the key players operating in the market. While highlighting the key driving and restraining forces for this market, the report also provides a detailed analysis of the technologies involved in the recycling process.

The global lithium-ion battery recycling market is segregated by region under five major regions, namely North America, Asia-Pacific, Europe, China and Rest-of-the-World.

Key Companies in the Global Lithium-Ion Battery Recycling Market

The key market players in the global lithium-ion battery recycling market include Accurec Recycling GmbH, Akkuser Oy, Batrec Industrie AG, Chemetall GmbH, DOWA ECO-SYSTEM CO., LTD., Fortum Oyj, GEM Co., Ltd, Glencore plc, Hunan Brunp Recycling, JX Nippon Mining & Metals Co., Recupyl, Redux GmbH, Retriev Technologies, SungEel HiTech Co. Ltd., and Umicore N.V./S.A.

Table of Contents

Market Dynamics

         1.1    Market Drivers
                  1.1.1    Increase in Demand for Lithium-Ion Batteries in Multiple Applications
                  1.1.2    Toxicity, High Reactiveness, and Flammability of Lithium-Ion Batteries Driving the Demand for Proper Disposal and Recycling Methods
                  1.1.3    Depletion and High Cost of Lithium and Cobalt Reserves
         1.2    Market Restraints
                  1.2.1    Regulatory Gaps and Logistic Issues
                  1.2.2    Difficult Segregation of Lithium-Ion Battery From Lead Acid for Recycling
         1.3    Market Opportunities
                  1.3.1    Building an Effective Model to Promote Lithium-Ion Battery Recycling
                  1.3.2    Profit Generation With the Help of Gate Fees

Competitive Landscape

         2.1    Key Market Development and Strategies
         2.2    Partnerships, Collaborations, and Contracts
         2.3    Business Expansions
         2.4    Mergers, Acquisitions, and Joint Ventures
         2.5    Other Key Activities
         2.6    Investments and Funding

Industry Analysis

         3.1    Supply Chain Analysis
         3.2    Industry Attractiveness
         3.3    Threat of New Entrants (High)
         3.4    Bargaining Power of Buyers (High)
         3.5    Bargaining Power of Suppliers (Low)
         3.6    Threat of Substitutes (Low)
         3.7    Intensity of Competition (High)
         3.8    Opportunity Matrix Analysis
                  3.8.1    Opportunity Matrix Analysis (by Technology)

Global Lithium-ion Battery Recycling Market (by Technology), Analysis and Forecast (2018-2025)

         4.1    Market Overview
         4.2    Hydrometallurgy
         4.3    Pyrometallurgy
         4.4    Direct Recycling

Global Lithium-Ion Battery Recycling Market (by Chemistry), Analysis and Forecast (2018-2025)

         5.1    Market Overview
         5.2    Lithium Cobalt Oxide (LCO)
         5.3    Lithium Iron Phosphate (LFP)
         5.4    Nickel Cobalt Manganese (NCM or NMC)
         5.5    Lithium Manganese Oxide (LMO)
         5.6    Nickel Cobalt Aluminum (NCA)

Global Lithium-ion Battery Recycling Market (by End Source), Analysis and Forecast (2018-2025)

   Note: A quick preview of the section. The end-sources are further divided into sub segments
         6.1    Market Overview
         6.2    Electrical and Electronics
         6.3    Automotive
         6.4    Power Tools
         6.5    Industrial
         6.6    Others

Global Lithium-Ion Battery Recycling Market (by Region), Analysis and Forecast (2018-2025)

         7.1    Market Overview
                  7.1.1    Addressable Market of Global Lithium-Ion Battery Recycling Market, $Million, 2018-2025
                  7.1.2    Global Lithium-Ion Battery Recycling Market (by Region), Tons, 2018-2025
         7.2    China
                  7.2.1    China Lithium-Ion Battery Recycling Market (by Technology)
                  7.2.2    China Lithium-Ion Battery Recycling Market (by End Source)
         7.3    Asia-Pacific
                  7.3.1    Asia-Pacific Lithium-Ion Battery Recycling Market (by Technology)
                  7.3.2    Asia-Pacific Lithium-Ion Battery Recycling Market (by End Source)
                  7.3.3    Asia-Pacific Lithium-Ion Battery Recycling Market (by Country)
                              7.3.3.1    South Korea
                                             7.3.3.1.1    South Korea Lithium-Ion Battery Recycling Market (by Technology)
                              7.3.3.2    Japan
                                             7.3.3.2.1    Japan Lithium-Ion Battery Recycling Market (by Technology)
                              7.3.3.3    Rest-of-Asia-Pacific
                                             7.3.3.3.1    Rest-of-Asia-Pacific Lithium-Ion Battery Recycling Market (by Technology)
         7.4    North America
                  7.4.1    North America Lithium-Ion Battery Recycling Market (by End Source)
                  7.4.2    North America Lithium-Ion Battery Recycling Market (by Country)
                              7.4.2.1    Canada
                                             7.4.2.1.1    Canada Lithium-Ion Battery Recycling Market (by Technology)
                              7.4.2.2    U.S.
                                             7.4.2.2.1    U.S. Lithium-Ion Battery Recycling Market (by Technology)
         7.5    Europe
                  7.5.1    Europe Lithium-Ion Battery Recycling Market (by Technology)
                  7.5.2    Europe Lithium-Ion Battery Recycling Market (by End Source)
                  7.5.3    Europe Lithium-Ion Battery Recycling Market (by Country)
                              7.5.3.1    Germany
                                             7.5.3.1.1    Germany Lithium-Ion Battery Recycling Market (by Technology)
                              7.5.3.2    Belgium
                                             7.5.3.2.1    Belgium Lithium-Ion Battery Recycling Market (by Technology)
                              7.5.3.3    Finland
                                             7.5.3.3.1    Finland Lithium-Ion Battery Recycling Market (by Technology)
                              7.5.3.4    Rest-of-Europe
                                             7.5.3.4.1    Rest-of-Europe Lithium-Ion Battery Recycling Market (by Technology)
         7.6    Rest-of-the-World
                  7.6.1    Rest-of-the-World Lithium-Ion Battery Recycling Market (by Technology)
                  7.6.2    Rest-of-the-World Lithium-Ion Battery Recycling Market (by End Source)

List of Figures

Figure 1:    Global Lithium-Ion Battery Recycling Market Overview, 2018-2025
Figure 2:    Global Lithium-Ion Battery Recycling Market (by Technology Type), 2018, 2019, and 2025
Figure 3:    Global Lithium-Ion Battery Recycling Market Analysis (by LCO Chemistry)
Figure 4:    Global Lithium-Ion Battery Recycling Market Analysis (by End Source)
Figure 5:    Global Lithium-Ion Battery Recycling Market (by Region), 2018
Figure 1.1:    Market Dynamics: Global Lithium-Ion Battery Recycling Market
Figure 1.2:    Sales of Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) by Country, 2012-2018
Figure 2.1:    Share of Key Market Strategies and Developments, 2015-2020
Figure 3.1:    Global Lithium-Ion Battery Recycling Market Supply Chain
Figure 3.2:    Porters Five Forces Analysis
Figure 3.3:    Global Lithium-Ion battery Recycling Market Opportunity Matrix (by Technology), 2019-2025
Figure 4.1:    Technologies Involved in Lithium-ion Battery Recycling
Figure 4.2:    Hydrometallurgy in Lithium-Ion Battery Recycling Market (by Technology), Kilotons, 2018-2025
Figure 4.3:    Pyrometallurgy in Lithium-Ion Battery Recycling Market (by Technology), Kilotons, 2018-2025
Figure 4.4:    Direct Recycling in Lithium-Ion Battery Recycling Market (by Technology), Kilotons, 2018-2025
Figure 4.5:    Comparison of Different Recycling Technologies
Figure 5.1:    Types of Lithium-Ion Battery Chemistries
Figure 5.2:    LCO in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 5.3:    LFP in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 5.4:    NCM in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 5.5:    LMO in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 5.6:    NCA in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 6.1:    Different End Sources in Global Lithium-Ion Battery Recycling Market
Figure 6.2:    Electrical and Electronics in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 6.3:    Automotive in Global Lithium-Ion Battery Recycling Market, Tons, 2018-2025
Figure 6.4:    Power Tools in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 6.5:    Industrial in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 6.6:    Others in Global Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 7.1:    Global Lithium-Ion Battery Recycling Market – Regional Segmentation
Figure 7.2:    Addressable Market in Global Lithium-Ion Battery Recycling Market, $Million, 2018-2025
Figure 7.3:    China Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 7.4:    South Korea Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 7.5:    Japan Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 7.6:    Rest-of-Asia-Pacific Lithium-Ion Battery Recycling Market, Tons, 2018-2025
Figure 7.7:    Canada Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 7.8:    U.S. Lithium-Ion Battery Recycling Market, Kiloton, 2018-2025
Figure 7.9:    Germany Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 7.10:    Belgium Lithium-Ion Battery Recycling Market, Kilotons, 2018-2025
Figure 7.11:    Finland Lithium-Ion Battery Recycling Market, Tons, 2018-2025
Figure 7.12:    Rest-of-Europe Lithium-Ion Battery Recycling Market, Tons, 2018-2025
Figure 8.1:    Accurec Recycling GmbH: Product Portfolio
Figure 8.2:    Akkuser Oy: Product Portfolio
Figure 8.3:    Batrec Industrie AG: Product Portfolio
Figure 8.4:    Chemetall GmbH, LTD.: Product Portfolio
Figure 8.5:    DOWA ECO-SYSTEM CO., LTD.: Product Portfolio
Figure 8.6:    Fortum Oyj: Product Portfolio
Figure 8.7:    Fortum Oyj: Overall Financials, 2017-2019
Figure 8.8:    Fortum Oyj: Net Revenue (by Region), 2017-2019
Figure 8.9:    Fortum Oyj: Net Revenue (by Business Segment), 2017-2019
Figure 8.10:    Fortum Oyj: R&D Expenditure, 2017-2019
Figure 8.11:    GEM Co., Ltd: Product Portfolio
Figure 8.12:    Glencore plc: Product Portfolio
Figure 8.13:    Glencore plc: Overall Financials, 2017-2019
Figure 8.14:    Glencore plc: Net Revenue (by Region), 2017-2019
Figure 8.15:    Glencore plc: Net Revenue (by Business Segment), 2017-2019
Figure 8.16:    Hunan Brunp Recycling: Product Portfolio
Figure 8.17:    JX Nippon Mining & Metals Co.: Product Portfolio
Figure 8.18:    Recupyl: Product Portfolio
Figure 8.19:    Redux GmbH: Product Portfolio
Figure 8.20:    Retriev Technologies: Product Portfolio
Figure 8.21:    SungEel HiTech Co. Ltd.: Product Portfolio
Figure 8.22:    Umicore N.V./S.A.: Product Portfolio
Figure 8.23:    Umicore N.V./S.A.: Overall Financials, 2016-2018
Figure 8.24:    Umicore N.V./S.A.: Net Revenue (by Region), 2016-2018
Figure 8.25:    Umicore N.V./S.A.: Net Revenue (by Business Segment), 2016-2018
Figure 8.26:    Umicore N.V./S.A.: R&D Expenditure, 2016-2018
Figure 9.1:    Global Lithium-Ion Battery Recycling Market Coverage
Figure 9.2:    Segmentations for Market Estimation in the Global Lithium-ion Battery Recycling Market
Figure 9.3:    Report Design
Figure 9.4:    Primary Interviews (by Player, Designation, and Region)
Figure 9.5:    Data Triangulation
Figure 9.6:    Top-Down and Bottom-Up Approach

List of Tables

Table 1.1:    Impact Analysis of Drivers
Table 1.2:    Impact Analysis of Restraints
Table 2.1:    Partnerships, Collaborations, and Contracts (2015-2020)
Table 2.2:    Key Business Expansion Activities (2015-2020)
Table 2.3:    Mergers, Acquisitions, and Joint Ventures (2015-2020)
Table 2.4:    Other Key Developments (2015-2020)
Table 2.5:    Investments and Funding (2015-2020)
Table 3.1:    Key Factors in Determining “Threat of New Entrants” in Lithium-Ion Battery Recycling Market
Table 3.2:    Key Factors in Determining “Bargaining Power of Buyers” in the Lithium-Ion Battery Recycling Market
Table 3.3:    Key Factors in Determining “Bargaining Power of Suppliers” in Lithium-Ion Battery Recycling Market
Table 3.4:    Analyzing the Threat of Substitutes in Lithium-Ion Battery Recycling Market
Table 3.5:    Key Factors in Determining “Rivalry Among Existing Firms” in Lithium-Ion Battery Recycling Market
Table 4.1:    Global Lithium-ion Battery Recycling Market (by Technology), Kilotons, 2018-2025
Table 4.2:    List of Companies Using Different Recycling Technologies
Table 5.1:    Global Lithium-Ion Battery Recycling Market (by Chemistry), Kilotons, 2018-2025
Table 6.1:    Global Lithium-Ion Battery Recycling Market (by End Source), Tons, 2018-2025
Table 7.1:    Global Lithium-Ion Battery Recycling Market (by Region), Tons,  2018-2025
Table 7.2:    China Lithium-Ion Battery Recycling Market (by Technology), Kilotons, 2018-2025
Table 7.3:    China Lithium-Ion Battery Recycling Market (by End Source), Tons,  2018-2025
Table 7.4:    Asia-Pacific Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.5:    Asia-Pacific Lithium-Ion Battery Recycling Market (by End Source), Tons, 2018-2025
Table 7.6:    Asia-Pacific Lithium-Ion Battery Recycling Market (by Country), Tons, 2018-2025
Table 7.7:    South Korea Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.8:    Japan Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.9:    Rest-of-Asia-Pacific Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.10:    North America Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.11:    North America Lithium-Ion Battery Recycling Market (by End Source), Tons, 2018-2025
Table 7.12:    North America Lithium-Ion Battery Recycling Market (by Country), Tons, 2018-2025
Table 7.13:    Canada Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.14:    U.S. Lithium-Ion Battery Recycling Market (by Technology), Tons,  2018-2025
Table 7.15:    Europe Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.16:    Europe Lithium-Ion Battery Recycling Market (by End Source), Tons, 2018-2025
Table 7.17:    Europe Lithium-Ion Battery Recycling Market (by Country), Tons,  2018-2025
Table 7.18:    Germany Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.19:    Belgium Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.20:    Finland Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.21:    Rest-of-Europe Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.22:    Rest-of-the-World Lithium-Ion Battery Recycling Market (by Technology), Tons, 2018-2025
Table 7.23:    Rest-of-the-World Lithium-Ion Battery Recycling Market (by End Source), Tons, 2018-2025

15+

Companies-Reached

270+

Research Hours

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Tables

72+

Figures

179+

Pages

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Global Lithium-Ion Battery Recycling Market

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