Short Description
Global 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 Aluminum 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
Global Automotive DC-DC converters 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 automotive DC-DC converters market are:
Glencore
Retriev Technologies
Umicore
Saubermacher Dienstleistungs AG
American Manganese Inc.
Li-Cycle Corp
Akkuser Oy
TES
Fortum
Contemporary Amperex Technology Co., Limited
GEM Co., Ltd.
Ganfeng Lithium Co.,Ltd.
Attero
ACCUREC-Recycling GmbH
Duesenfeld GmbH
Tata Chemicals Ltd.
OnTo Technology LLC
Lithion Recycling
ECOBAT
Cawleys
Veolia Environnement SA
Batrec Industrie
Nickelhtte Aue GmbH
Neometals Ltd
Redwood Materials, Inc.
Envirostream Australia Pty Ltd
TABLE OF CONTENTS
1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.3 OVERVIEW OF THE GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET 20
1.4 CURRENCY AND PRICING 21
1.5 LIMITATIONS 22
1.6 MARKETS COVERED 22
2 MARKET SEGMENTATION 25
2.1 MARKETS COVERED 25
2.2 GEOGRAPHICAL SCOPE 26
2.3 YEARS CONSIDERED FOR THE STUDY 27
2.4 DBMR TRIPOD DATA VALIDATION MODEL 28
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 31
2.6 DBMR MARKET POSITION GRID 32
2.7 VENDOR SHARE ANALYSIS 34
2.8 MULTIVARIATE MODELING 35
2.9 COMPONENT TIMELINE CURVE 35
2.10 MARKET CHALLENGE MATRIX 36
2.11 SECONDARY SOURCES 37
2.12 ASSUMPTIONS 37
3 EXECUTIVE SUMMARY 38
4 PREMIUM INSIGHTS 40
4.1 MANUFACTURING OUTLOOK 43
4.2 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 43
4.3 PORTERS FIVE FORCES 45
4.4 VENDOR SELECTION CRITERIA 46
4.5 PESTEL ANALYSIS 48
4.6 SUPPLY CHAIN ANALYSIS 49
4.6.1 OVERVIEW 49
4.6.2 LOGISTIC COST SCENARIO 49
4.6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 50
4.7 CLIMATE CHANGE SCENARIO 51
4.7.1 ENVIRONMENTAL CONCERNS 51
4.7.2 INDUSTRY RESPONSE 51
4.7.3 GOVERNMENTS ROLE 52
4.7.4 ANALYST RECOMMENDATION 53
5 REGULATION COVERAGE 54
6 MARKET OVERVIEW 56
6.1 DRIVERS 58
6.1.1 RISING DEMAND FOR SMART PHONES & CONSUMER ELECTRONICS 58
6.1.2 PENETRATION OF LOW CARBON GENERATION TRANSPORTATION FLEET 59
6.1.3 INCREASE IN DEMAND FOR LITHIUM-ION BATTERIES FOR VARIOUS INDUSTRIAL APPLICATIONS 59
6.1.4 RISE IN THE NUMBER OF ELECTRIC VEHICLES ACROSS THE REGION 60
6.1.5 INCREASE IN THE ADOPTION OF LITHIUM-ION BATTERIES IN THE DEFENSE SECTOR 60
6.2 RESTRAINTS 61
6.2.1 SAFETY ISSUES RELATED TO THE STORAGE AND TRANSPORTATION OF SPENT BATTERIES 61
6.2.2 STRINGENT GOVERNMENT REGULATIONS AND POLICIES FOR RECYCLING OF LITHIUM-ION BATTERY 61
6.3 OPPORTUNITIES 62
6.3.1 GROWING NUMBER OF R&D INITIATIVES AND GOVERNMENT FACILITIES FOR RECYCLING 62
6.3.2 RISE IN ACQUISITIONS & PARTNERSHIPS AMONG VARIOUS ORGANIZATIONS 63
6.3.3 INCREASE IN GROWTH OF RENEWABLE ENERGY ACROSS THE REGION 63
6.3.4 HIGHER ADOPTION OF CORDLESS POWER TOOLS 63
6.4 CHALLENGES 65
6.4.1 ISSUES RELATED TO OVERHEATING OF LITHIUM-ION BATTERY 65
6.4.2 HIGHER DEGRADATION RATE OF LITHIUM-ION BATTERY 65
7 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY COMPONENT 66
7.1 OVERVIEW 67
7.2 ACTIVE MATERIAL 68
7.3 NON-ACTIVE MATERIAL 69
8 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY CHEMISTRY 70
8.1 OVERVIEW 71
8.2 LITHIUM-NICKEL MANGANESE COBALT (LI-NMC) 72
8.3 LITHIUM COBALT OXIDE (LCO) 73
8.4 LITHIUM-MANGANESE OXIDE (LMO) 73
8.5 LITHIUM-IRON PHOSPHATE (LFP) 74
8.6 LITHIUM-NICKEL COBALT ALUMINIUM OXIDE (NCA) 75
8.7 LITHIUM-TITANATE OXIDE (LTO) 76
9 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY RECYCLING PROCESS 77
9.1 OVERVIEW 78
9.2 HYDROMETALLURGICAL PROCESS 79
9.3 PYROMETALLURGY PROCESS 80
9.4 PHYSICAL/ MECHANICAL PROCESS 81
10 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET, BY REGION 82
10.1 OVERVIEW 83
10.2 ASIA-PACIFIC 89
10.2.1 CHINA 94
10.2.2 JAPAN 95
10.2.3 SOUTH KOREA 96
10.2.4 INDIA 97
10.2.5 AUSTRALIA 98
10.2.6 SINGAPORE 99
10.2.7 THAILAND 100
10.2.8 MALAYSIA 101
10.2.9 INDONESIA 102
10.2.10 PHILIPPINES 103
10.2.11 REST OF ASIA-PACIFIC 104
10.3 EUROPE 105
10.3.1 GERMANY 110
10.3.2 U.K. 111
10.3.3 FRANCE 112
10.3.4 ITALY 113
10.3.5 SPAIN 114
10.3.6 RUSSIA 115
10.3.7 BELGIUM 116
10.3.8 NETHERLANDS 117
10.3.9 SWITZERLAND 118
10.3.10 TURKEY 119
10.3.11 REST OF EUROPE 120
10.4 NORTH AMERICA 121
10.4.1 U.S. 125
10.4.2 CANADA 126
10.4.3 MEXICO 127
10.5 MIDDLE EAST & AFRICA 128
10.5.1 ISRAEL 133
10.5.2 SOUTH AFRICA 134
10.5.3 SAUDI ARABIA 135
10.5.4 U.A.E. 136
10.5.5 EGYPT 137
10.5.6 REST OF MIDDLE EAST & AFRICA 138
10.6 SOUTH AMERICA 139
10.6.1 BRAZIL 143
10.6.2 ARGENTINA 144
10.6.3 REST OF SOUTH AMERICA 145
11 GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET: COMPANY LANDSCAPE 146
11.1 COMPANY SHARE ANALYSIS: GLOBAL 146
11.2 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 147
11.3 COMPANY SHARE ANALYSIS: EUROPE 148
11.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 149
12 SWOT ANALYSIS 150
13 COMPANY PROFILE 151
13.1 GLENCORE 151
13.1.1 COMPANY SNAPSHOT 151
13.1.2 REVENUE ANALYSIS 151
13.1.3 COMPANY SHARE ANALYSIS 152
13.1.4 PRODUCT PORTFOLIO 152
13.1.5 RECENT DEVELOPMENT 152
13.2 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED 153
13.2.1 COMPANY SNAPSHOT 153
13.2.2 REVENUE ANALYSIS 153
13.2.3 COMPANY SHARE ANALYSIS 154
13.2.4 SOLUTION CATEGORIES 154
13.2.5 ECENT DEVELOPMENT 154
13.3 UMICORE 155
13.3.1 COMPANY SNAPSHOT 155
13.3.2 REVENUE ANALYSIS 155
13.3.3 COMPANY SHARE ANALYSIS 156
13.3.4 PRODUCT POTFOLIO 156
13.3.5 RECENT DEVELOPMENT 156
13.4 GEM CO., LTD. 157
13.4.1 COMPANY SNAPSHOT 157
13.4.2 REVENUE ANALYSIS 157
13.4.3 COMPANY SHARE ANALYSIS 158
13.4.4 PRODUCT PORTFOLIO 158
13.4.5 RECENT DEVELOPMENT 158
13.5 VEOLIA 159
13.5.1 COMPANY SNAPSHOT 159
13.5.2 REVENUE ANALYSIS 159
13.5.3 COMPANY SHARE ANALYSIS 160
13.5.4 PRODUCT PORTFOLIO 160
13.5.5 RECENT DEVELOPMENTS 160
13.6 ACCUREC-RECYCLING GMBH 161
13.6.1 COMPANY SNAPSHOT 161
13.6.2 PRODUCT PORTFOLIO 161
13.6.3 RECENT DEVELOPMENT 161
13.7 AKKUSER OY 162
13.7.1 COMPANY SNAPSHOT 162
13.7.2 SERVICE PORTFOLIO 162
13.7.3 RECENT DEVELOPMENT 162
13.8 AMERICAN MANGANESE INC. 163
13.8.1 COMPANY SNAPSHOT 163
13.8.2 PRODUCT PORTFOLIO 163
13.8.3 RECENT DEVELOPMENT 163
13.9 ATTERO RECYCLING PVT. LTD. 164
13.9.1 COMPANY SNAPSHOT 164
13.9.2 PRODUCT PORTFOLIO 164
13.9.3 RECENT DEVELOPMENT 164
13.10 BATREC INDUSTRIE 165
13.10.1 COMPANY SNAPSHOT 165
13.10.2 PRODUCT PORTFOLIO 165
13.10.3 RECENT DEVELOPMENT 165
13.11 CAWLEYS 166
13.11.1 COMPANY SNAPSHOT 166
13.11.2 SERVICE PORTFOLIO 166
13.11.3 RECENT DEVELOPMENTS 166
13.12 DUESENFELD GMBH 167
13.12.1 COMPANY SNAPSHOT 167
13.12.2 PRODUCT PORTFOLIO 167
13.12.3 RECENT DEVELOPMENT 167
13.13 ECOBAT 168
13.13.1 COMPANY SNAPSHOT 168
13.13.2 PRODUCT PORTFOLIO 168
13.13.3 RECENT DEVELOPMENT 168
13.14 ENVIROSTREAM AUSTRALIA PTY LTD 169
13.14.1 COMPANY SNAPSHOT 169
13.14.2 SERVICE PORTFOLIO 169
13.14.3 RECENT DEVELOPMENTS 169
13.15 FORTUM 170
13.15.1 COMPANY SNAPSHOT 170
13.15.2 REVENUE ANALYSIS 170
13.15.3 PRODUCT PORTFOLIO 171
13.15.4 RECENT DEVELOPMENT 171
13.16 GANFENG LITHIUM CO., LTD 172
13.16.1 COMPANY SNAPSHOT 172
13.16.2 REVENUE ANALYSIS 172
13.16.3 PRODUCT PORTFOLIO 173
13.16.4 RECENT DEVELOPMENT 173
13.17 LI-CYCLE CORP 174
13.17.1 COMPANY SNAPSHOT 174
13.17.2 REVENUE ANALYSIS 174
13.17.3 SERVICE PORTFOLIO 175
13.17.4 RECENT DEVELOPMENT 175
13.18 LITHION RECYCLING 176
13.18.1 COMPANY SNAPSHOT 176
13.18.2 PRODUCT PORTFOLIO 176
13.18.3 RECENT DEVELOPMENTS 176
13.19 NEOMETALS LTD 178
13.19.1 COMPANY SNAPSHOT 178
13.19.2 REVENUE ANALYSIS 178
13.19.3 PRODUCT PORTFOLIO 179
13.19.4 RECENT DEVELOPMENT 179
13.20 NICKELHTTE AUE GMBH 180
13.20.1 COMPANY SNAPSHOT 180
13.20.2 PRODUCT PORTFOLIO 180
13.20.3 RECENT DEVELOPMENTS 180
13.21 ONTO TECHNOLOGY LLC 181
13.21.1 COMPANY SNAPSHOT 181
13.21.2 SERVICE PORTFOLIO 181
13.21.3 RECENT DEVELOPMENTS 181
13.22 REDWOOD MATERIALS, INC., 182
13.22.1 COMPANY SNAPSHOT 182
13.22.2 SERVICE PORTFOLIO 182
13.22.3 RECENT DEVELOPMENT 182
13.23 RETRIEV TECHNOLOGIES 183
13.23.1 COMPANY SNAPSHOT 183
13.23.2 PRODUCT PORTFOLIO 183
13.23.3 RECENT DEVELOPMENTS 183
13.24 SAUBERMACHER DIENSTLEISTUNGS AG 184
13.24.1 COMPANY SNAPSHOT 184
13.24.2 PRODUCT PORTFOLIO 184
13.24.3 RECENT DEVELOPMENT 184
13.25 TATA CHEMICALS LTD. 185
13.25.1 COMPANY SNAPSHOT 185
13.25.2 REVENUE ANALYSIS 185
13.25.3 PRODUCT PORTFOLIO 186
13.25.4 RECENT DEVELOPMENT 186
13.26 TES 187
13.26.1 COMPANY SNAPSHOT 187
13.26.2 PRODUCT PORTFOLIO 187
13.26.3 RECENT DEVELOPMENT 187
14 QUESTIONNAIRE 188
15 RELATED REPORTS 191