Short Description
Europe Lithium-Ion Battery Recycling Market, By Component (Active Material, Non-Active Material), Chemistry (Lithium-Nickel Manganese Cobalt (Li-NMC), Lithium Cobalt Oxide (LCO), Lithium-Manganese Oxide (LMO), Lithium-Iron Phosphate (LFP), Lithium-Nickel Cobalt Aluminium Oxide (NCA), Lithium-Titanate Oxide (LTO)), Recycling Process (Hydrometallurgical Process, Pyrometallurgy Process, Physical/ Mechanical Process) Industry Trends And Forecast To 2029.
Market Definition
Lithium ion battery comprises of lithium ions which moves from negative electrode to the positive electrode through the electrolyte during charging and moves backwards at the time of charging. These batteries are rechargeable and commonly used in consumer electronics and automobiles. It consists of four components cathode, anode, separator and electrolyte. Anode helps in storing and releasing of lithium ions from cathode, enabling the pass of current through an external circuit. Cathode acts as a source of lithium ions which determines the capacity and average voltage of the battery. Electrolytic is basically the medium which helps in the movement of the ions. Separator basically helps in preventing the contact between the cathode and anode. Aluminum foils are used as a current collector for cathodes and copper foils are used as a current collector for anodes. The combination of all four components makes up a cell which is used to power various applications. With cluster of cells module is formed and with cluster of modules a pack is formed. Lithium ion batteries offer high energy density, voltage capacity and lower self-discharge rate than other rechargeable batteries. This makes them highly suitable for wide range of applications.
Market Segmentation
Europe lithium-ion battery recycling market is segmented into three notable segments which are based on component, chemistry, and recycling process.
On the basis of component, the global lithium-ion battery recycling market is segmented into active material and non-active material.
On the basis of chemistry, the global lithium-ion battery recycling market has been segmented into below lithium-nickel manganese cobalt (Li-NMC), lithium cobalt oxide (LCO), lithium-manganese oxide (LMO), lithium-iron phosphate (LFP), lithium-nickel cobalt aluminum oxide (NCA), lithium-titanate oxide (LTO).
On the basis of recycling process, the global lithium-ion battery recycling market has been segmented into hydrometallurgical process, pyrometallurgy process, physical/ mechanical process.
Market Players
Some of the major players operating in the Europe lithium-ion battery recycling market are:
Glencore
Umicore
Saubermacher Dienstleistungs AG
American Manganese Inc.
Akkuser Oy
TES
Fortum
Contemporary Amperex Technology Co., Limited
Ganfeng Lithium Co.,Ltd.
Attero
ACCUREC-Recycling GmbH
Duesenfeld GmbH
ECOBAT
Cawleys
Veolia Environnement SA
Batrec Industrie
Nickelhtte Aue GmbH
Neometals Ltd
TABLE OF CONTENTS
1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 MARKET DEFINITION 19
1.3 OVERVIEW OF THE EUROPE LITHIUM-ION BATTERY RECYCLING MARKET 19
1.4 CURRENCY AND PRICING 20
1.5 LIMITATIONS 21
1.6 MARKETS COVERED 21
2 MARKET SEGMENTATION 24
2.1 MARKETS COVERED 24
2.2 GEOGRAPHICAL SCOPE 25
2.3 YEARS CONSIDERED FOR THE STUDY 26
2.4 DBMR TRIPOD DATA VALIDATION MODEL 27
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 30
2.6 DBMR MARKET POSITION GRID 31
2.7 VENDOR SHARE ANALYSIS 33
2.8 MULTIVARIATE MODELING 34
2.9 COMPONENT TIMELINE CURVE 34
2.10 MARKET CHALLENGE MATRIX 35
2.11 SECONDARY SOURCES 36
2.12 ASSUMPTIONS 36
3 EXECUTIVE SUMMARY 37
4 PREMIUM INSIGHTS 39
4.1 MANUFACTURING OUTLOOK 41
4.2 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 41
4.3 PORTERS FIVE FORCES 43
4.4 VENDOR SELECTION CRITERIA 44
4.5 PESTEL ANALYSIS 46
4.6 SUPPLY CHAIN ANALYSIS 47
4.6.1 OVERVIEW 47
4.6.2 LOGISTIC COST SCENARIO 47
4.6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 48
4.7 CLIMATE CHANGE SCENARIO 49
4.7.1 ENVIRONMENTAL CONCERNS 49
4.7.2 INDUSTRY RESPONSE 49
4.7.3 GOVERNMENTS ROLE 50
4.7.4 ANALYST RECOMMENDATION 51
5 REGULATION COVERAGE 52
6 MARKET OVERVIEW 54
6.1 DRIVERS 56
6.1.1 RISING DEMAND FOR SMART PHONES & CONSUMER ELECTRONICS 56
6.1.2 PENETRATION OF LOW CARBON GENERATION TRANSPORTATION FLEET 57
6.1.3 INCREASE IN DEMAND FOR LITHIUM-ION BATTERIES FOR VARIOUS INDUSTRIAL APPLICATIONS 57
6.1.4 RISE IN THE NUMBER OF ELECTRIC VEHICLES ACROSS THE REGION 58
6.1.5 INCREASE IN THE ADOPTION OF LITHIUM-ION BATTERIES IN THE DEFENSE SECTOR 58
6.2 RESTRAINTS 59
6.2.1 SAFETY ISSUES RELATED TO THE STORAGE AND TRANSPORTATION OF SPENT BATTERIES 59
6.2.2 STRINGENT GOVERNMENT REGULATIONS AND POLICIES FOR RECYCLING OF LITHIUM-ION BATTERY 59
6.3 OPPORTUNITIES 60
6.3.1 GROWING NUMBER OF R&D INITIATIVES AND GOVERNMENT FACILITIES FOR RECYCLING 60
6.3.2 RISE IN ACQUISITIONS & PARTNERSHIPS AMONG VARIOUS ORGANIZATIONS 61
6.3.3 INCREASE IN GROWTH OF RENEWABLE ENERGY ACROSS THE REGION 61
6.3.4 HIGHER ADOPTION OF CORDLESS POWER TOOLS 61
6.4 CHALLENGES 63
6.4.1 ISSUES RELATED TO OVERHEATING OF LITHIUM-ION BATTERY 63
6.4.2 HIGHER DEGRADATION RATE OF LITHIUM-ION BATTERY 63
7 EUROPE LITHIUM-ION BATTERY RECYCLING MARKET, BY COMPONENT 64
7.1 OVERVIEW 65
7.2 ACTIVE MATERIAL 66
7.3 NON-ACTIVE MATERIAL 67
8 EUROPE LITHIUM-ION BATTERY RECYCLING MARKET, BY CHEMISTRY 68
8.1 OVERVIEW 69
8.2 LITHIUM-NICKEL MANGANESE COBALT (LI-NMC) 70
8.3 LITHIUM COBALT OXIDE (LCO) 71
8.4 LITHIUM-MANGANESE OXIDE (LMO) 71
8.5 LITHIUM-IRON PHOSPHATE (LFP) 72
8.6 LITHIUM-NICKEL COBALT ALUMINIUM OXIDE (NCA) 73
8.7 LITHIUM-TITANATE OXIDE (LTO) 74
9 EUROPE LITHIUM-ION BATTERY RECYCLING MARKET, BY RECYCLING PROCESS 75
9.1 OVERVIEW 76
9.2 HYDROMETALLURGICAL PROCESS 77
9.3 PYROMETALLURGY PROCESS 78
9.4 PHYSICAL/ MECHANICAL PROCESS 79
10 EUROPE LITHIUM-ION BATTERY RECYCLING MARKET, BY REGION 80
10.1 EUROPE 81
10.1.1 GERMANY 86
10.1.2 U.K. 87
10.1.3 FRANCE 88
10.1.4 ITALY 89
10.1.5 SPAIN 90
10.1.6 RUSSIA 91
10.1.7 BELGIUM 92
10.1.8 NETHERLANDS 93
10.1.9 SWITZERLAND 94
10.1.10 TURKEY 95
10.1.11 REST OF EUROPE 96
11 EUROPE LITHIUM-ION BATTERY RECYCLING MARKET: COMPANY LANDSCAPE 97
11.1 COMPANY SHARE ANALYSIS: EUROPE 97
12 SWOT ANALYSIS 98
13 COMPANY PROFILE 99
13.1 GLENCORE 99
13.1.1 COMPANY SNAPSHOT 99
13.1.2 REVENUE ANALYSIS 99
13.1.3 COMPANY SHARE ANALYSIS 100
13.1.4 PRODUCT PORTFOLIO 100
13.1.5 RECENT DEVELOPMENT 100
13.2 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED 101
13.2.1 COMPANY SNAPSHOT 101
13.2.2 REVENUE ANALYSIS 101
13.2.3 COMPANY SHARE ANALYSIS 102
13.2.4 SOLUTION CATEGORIES 102
13.2.5 ECENT DEVELOPMENT 102
13.3 UMICORE 103
13.3.1 COMPANY SNAPSHOT 103
13.3.2 REVENUE ANALYSIS 103
13.3.3 COMPANY SHARE ANALYSIS 104
13.3.4 PRODUCT POTFOLIO 104
13.3.5 RECENT DEVELOPMENT 104
13.4 GEM CO., LTD. 105
13.4.1 COMPANY SNAPSHOT 105
13.4.2 REVENUE ANALYSIS 105
13.4.3 COMPANY SHARE ANALYSIS 106
13.4.4 PRODUCT PORTFOLIO 106
13.4.5 RECENT DEVELOPMENT 106
13.5 VEOLIA 107
13.5.1 COMPANY SNAPSHOT 107
13.5.2 REVENUE ANALYSIS 107
13.5.3 COMPANY SHARE ANALYSIS 108
13.5.4 PRODUCT PORTFOLIO 108
13.5.5 RECENT DEVELOPMENTS 108
13.6 ACCUREC-RECYCLING GMBH 109
13.6.1 COMPANY SNAPSHOT 109
13.6.2 PRODUCT PORTFOLIO 109
13.6.3 RECENT DEVELOPMENT 109
13.7 AKKUSER OY 110
13.7.1 COMPANY SNAPSHOT 110
13.7.2 SERVICE PORTFOLIO 110
13.7.3 RECENT DEVELOPMENT 110
13.8 AMERICAN MANGANESE INC. 111
13.8.1 COMPANY SNAPSHOT 111
13.8.2 PRODUCT PORTFOLIO 111
13.8.3 RECENT DEVELOPMENT 111
13.9 ATTERO RECYCLING PVT. LTD. 112
13.9.1 COMPANY SNAPSHOT 112
13.9.2 PRODUCT PORTFOLIO 112
13.9.3 RECENT DEVELOPMENT 112
13.10 BATREC INDUSTRIE 113
13.10.1 COMPANY SNAPSHOT 113
13.10.2 PRODUCT PORTFOLIO 113
13.10.3 RECENT DEVELOPMENT 113
13.11 CAWLEYS 114
13.11.1 COMPANY SNAPSHOT 114
13.11.2 SERVICE PORTFOLIO 114
13.11.3 RECENT DEVELOPMENTS 114
13.12 DUESENFELD GMBH 115
13.12.1 COMPANY SNAPSHOT 115
13.12.2 PRODUCT PORTFOLIO 115
13.12.3 RECENT DEVELOPMENT 115
13.13 ECOBAT 116
13.13.1 COMPANY SNAPSHOT 116
13.13.2 PRODUCT PORTFOLIO 116
13.13.3 RECENT DEVELOPMENT 116
13.14 ENVIROSTREAM AUSTRALIA PTY LTD 117
13.14.1 COMPANY SNAPSHOT 117
13.14.2 SERVICE PORTFOLIO 117
13.14.3 RECENT DEVELOPMENTS 117
13.15 FORTUM 118
13.15.1 COMPANY SNAPSHOT 118
13.15.2 REVENUE ANALYSIS 118
13.15.3 PRODUCT PORTFOLIO 119
13.15.4 RECENT DEVELOPMENT 119
13.16 GANFENG LITHIUM CO., LTD 120
13.16.1 COMPANY SNAPSHOT 120
13.16.2 REVENUE ANALYSIS 120
13.16.3 PRODUCT PORTFOLIO 121
13.16.4 RECENT DEVELOPMENT 121
13.17 LI-CYCLE CORP 122
13.17.1 COMPANY SNAPSHOT 122
13.17.2 REVENUE ANALYSIS 122
13.17.3 SERVICE PORTFOLIO 123
13.17.4 RECENT DEVELOPMENT 123
13.18 LITHION RECYCLING 124
13.18.1 COMPANY SNAPSHOT 124
13.18.2 PRODUCT PORTFOLIO 124
13.18.3 RECENT DEVELOPMENTS 124
13.19 NEOMETALS LTD 126
13.19.1 COMPANY SNAPSHOT 126
13.19.2 REVENUE ANALYSIS 126
13.19.3 PRODUCT PORTFOLIO 127
13.19.4 RECENT DEVELOPMENT 127
13.20 NICKELHTTE AUE GMBH 128
13.20.1 COMPANY SNAPSHOT 128
13.20.2 PRODUCT PORTFOLIO 128
13.20.3 RECENT DEVELOPMENTS 128
13.21 ONTO TECHNOLOGY LLC 129
13.21.1 COMPANY SNAPSHOT 129
13.21.2 SERVICE PORTFOLIO 129
13.21.3 RECENT DEVELOPMENTS 129
13.22 REDWOOD MATERIALS, INC., 130
13.22.1 COMPANY SNAPSHOT 130
13.22.2 SERVICE PORTFOLIO 130
13.22.3 RECENT DEVELOPMENT 130
13.23 RETRIEV TECHNOLOGIES 131
13.23.1 COMPANY SNAPSHOT 131
13.23.2 PRODUCT PORTFOLIO 131
13.23.3 RECENT DEVELOPMENTS 131
13.24 SAUBERMACHER DIENSTLEISTUNGS AG 132
13.24.1 COMPANY SNAPSHOT 132
13.24.2 PRODUCT PORTFOLIO 132
13.24.3 RECENT DEVELOPMENT 132
13.25 TATA CHEMICALS LTD. 133
13.25.1 COMPANY SNAPSHOT 133
13.25.2 REVENUE ANALYSIS 133
13.25.3 PRODUCT PORTFOLIO 134
13.25.4 RECENT DEVELOPMENT 134
13.26 TES 135
13.26.1 COMPANY SNAPSHOT 135
13.26.2 PRODUCT PORTFOLIO 135
13.26.3 RECENT DEVELOPMENT 135
14 QUESTIONNAIRE 136
15 RELATED REPORTS 139