Product Code: ENE0611
The global Lithium-ion Battery Recycling market is projected to grow at a CAGR of 19.7% by 2034
The Lithium-ion Battery Recycling Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Growing Environmental Concerns and Regulatory Pressure
Environmental concerns related to the disposal and recycling of lithium-ion batteries have prompted governments and regulatory bodies to implement stricter regulations and policies to promote battery recycling and reduce environmental pollution. In regions with stringent environmental regulations, such as the European Union and North America, manufacturers and recyclers are required to adhere to recycling targets and standards for lithium-ion batteries. Additionally, initiatives such as the European Battery Directive and the U.S. Battery Recycling Act incentivize battery recycling and impose responsibilities on stakeholders across the battery value chain to ensure proper disposal and recycling of end-of-life batteries.
Safety Issue Related to Storage and Transportation of Spent Batteries
An important market restraining factor in the lithium-ion battery recycling industry revolves around safety concerns associated with the storage and transportation of spent batteries. As the demand for lithium-ion batteries continues to escalate, driven by the surge in electric vehicles and portable electronic devices, the volume of spent batteries requiring recycling also increases. The safety challenges arise primarily due to the chemical composition of lithium-ion batteries and the potential risks they pose if mishandled.
Lithium-ion batteries contain volatile materials, and when not properly handled during storage and transportation, they can pose serious safety risks such as fire or leakage of hazardous substances. The electrolytes within these batteries are flammable, and if the structural integrity of the battery is compromised, it can lead to thermal runaway, a chain reaction that can result in overheating and combustion.
What Questions Should You Ask before Buying a Market Research Report?
How is the lithium-ion battery recycling market evolving?
What is driving and restraining the lithium-ion battery recycling market?
How will each lithium-ion battery recycling submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
How will the market shares for each lithium-ion battery recycling submarket develop from 2024 to 2034?
What will be the main driver for the overall market from 2024 to 2034?
Will leading lithium-ion battery recycling markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
Who are the leading players and what are their prospects over the forecast period?
What are the lithium-ion battery recycling projects for these leading companies?
How will the industry evolve during the period between 2024 and 2034? What are the implications of lithium-ion battery recycling projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the lithium-ion battery recycling market?
Where is the lithium-ion battery recycling market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the lithium-ion battery recycling market today, and over the next 10 years:
Our 364-page report provides 119 tables and 155 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them - NOW.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the lithium-ion battery recycling market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
The report delivers exclusive COVID-19 variations and economic data specific to your market.
In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
You will find original analyses, with business outlooks and developments.
Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising lithium-ion battery recycling prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, "V", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report
Market Segment by Source
Consumer Electronics
Electric Vehicles
Industrial
Market Segment by Recycling Process
Mechanical
Pyrometallurgical
Hydrometallurgical
Direct Recovery
Market Segment by Industry Vertical
Automotive
Electronics
Industrial
Power
Other Industry Vertical
Market Segment by Type
Lithium-nickel Manganese Cobalt (Li-NMC)
Lithium-iron Phosphate (LFP)
Lithium-manganese Oxide (LMO)
Lithium-titanate Oxide (LTO)
Lithium-nickel Cobalt Aluminium Oxide (NCA)
Other Types
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
U.S.
Canada
Europe
Germany
UK
France
Hungary
Poland
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Lithium-ion Battery Recycling Market, 2024 to 2034, with a focus on this segment of these companies' operations.
Leading companies profiled in the report
Accurec Recycling GmbH
American Battery Technology Company
Battery Recycling Made Easy
Contemporary Amperex Technology Co. Limited (CATL)
Duesenfeld Gmbh
Ecobat
Envirostream Australia Pty Ltd
Fortum Oyj
Glencore plc
Li-Cycle Corp.
RecycLiCo Battery Materials Inc
Redwood Materials, Inc.
SMC Recycling Inc.
Stena Recycling
The International Metals Reclamation Company
Overall world revenue for Lithium-ion Battery Recycling Market, 2024 to 2034 in terms of value the market will surpass US$3.0 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Lithium-ion Battery Recycling Market, 2024 to 2034 report help you?
In summary, our 360+ page report provides you with the following knowledge:
Revenue forecasts to 2034 for Lithium-ion Battery Recycling Market, 2024 to 2034 Market, with forecasts for source, recycling process, industry vertical and type, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2034 for four regional and 20 key national markets - See forecasts for the Lithium-ion Battery Recycling Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Lithium-ion Battery Recycling Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Lithium-ion Battery Recycling Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Lithium-ion Battery Recycling Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who Is This Report for?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Visiongain Reports
- 1.10 About Visiongain
2 Executive Summary
3 Market Overview
- 3.1 Key Findings
- 3.2 Market Dynamics
- 3.2.1 Market Driving Factors
- 3.2.1.1 Rising Demand for Electric Vehicles to unlock New Potential for the Lithium-ion Battery Recycling Industry
- 3.2.1.2 Rising Demand for Recycled Products and Materials
- 3.2.1.3 Geographical Expansion to Emerging Markets with Increasing Industrialization and Consumer Demand Contributes to the Market's Overall Growth
- 3.2.2 Market Restraining Factors
- 3.2.2.1 Safety Issue Related to Storage and Transportation of Spent Batteries
- 3.2.2.2 High Cost of Recycling and Dearth of Technologies
- 3.2.2.3 Environmental and Safety Concerns Hinder the Market Growth
- 3.2.3 Market Opportunities
- 3.2.3.1 Subsidies to Encourage Battery Recycling
- 3.2.3.2 Rising Adoption of Lithium-ion Battery Due to Declining Prices
- 3.2.3.3 New Government Rules and Incentives has Enhanced the Production in the Lithium-ion Battery Recycling Industry
- 3.3 Porter's Five Forces Analysis
- 3.3.1 Bargaining Power of Suppliers (Medium to High)
- 3.3.2 Bargaining Power of Buyers (High)
- 3.3.3 Competitive Rivalry (Medium to High)
- 3.3.4 Threat from Substitutes (Medium)
- 3.3.5 Threat of New Entrants (Low)
- 3.4 COVID-19 Impact Analysis
- 3.4.1 "V-Shaped Recovery"
- 3.4.2 "U-Shaped Recovery"
- 3.4.3 "W-Shaped Recovery"
- 3.4.4 "L-Shaped Recovery"
- 3.5 PEST Analysis
4 Lithium-ion Battery Recycling Market Analysis by Battery Source
- 4.1 Key Findings
- 4.2 Battery Source Segment: Market Attractiveness Index
- 4.3 Lithium-ion Battery Recycling Market Size Estimation and Forecast by Battery Source
- 4.4 Consumer Electronics
- 4.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.4.2 Market Share by Region, 2024 & 2034 (%)
- 4.5 Electric Vehicles
- 4.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.5.2 Market Share by Region, 2024 & 2034 (%)
- 4.6 Industrial
- 4.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.6.2 Market Share by Region, 2024 & 2034 (%)
5 Lithium-ion Battery Recycling Market Analysis by Recycling Process
- 5.1 Key Findings
- 5.2 Recycling Process Segment: Market Attractiveness Index
- 5.3 Lithium-ion Battery Recycling Market Size Estimation and Forecast by Recycling Process
- 5.4 Mechanical
- 5.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.4.2 Market Share by Region, 2024 & 2034 (%)
- 5.5 Pyrometallurgical
- 5.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.5.2 Market Share by Region, 2024 & 2034 (%)
- 5.6 Hydrometallurgical
- 5.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.6.2 Market Share by Region, 2024 & 2034 (%)
- 5.7 Direct Recovery
- 5.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.7.2 Market Share by Region, 2024 & 2034 (%)
6 Lithium-ion Battery Recycling Market Analysis by Industry Vertical
- 6.1 Key Findings
- 6.2 Industry Vertical Segment: Market Attractiveness Index
- 6.3 Lithium-ion Battery Recycling Market Size Estimation and Forecast by Industry Vertical
- 6.4 Automotive
- 6.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.4.2 Market Share by Region, 2024 & 2034 (%)
- 6.5 Electronics
- 6.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.5.2 Market Share by Region, 2024 & 2034 (%)
- 6.6 Industrial
- 6.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.6.2 Market Share by Region, 2024 & 2034 (%)
- 6.7 Power
- 6.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.7.2 Market Share by Region, 2024 & 2034 (%)
- 6.8 Other Industry Vertical
- 6.8.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.8.2 Market Share by Region, 2024 & 2034 (%)
7 Lithium-ion Battery Recycling Market Analysis by Type
- 7.1 Key Findings
- 7.2 Type Segment: Market Attractiveness Index
- 7.3 Lithium-ion Battery Recycling Market Size Estimation and Forecast by Type
- 7.4 Lithium-nickel Manganese Cobalt (Li-NMC)
- 7.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.4.2 Market Share by Region, 2024 & 2034 (%)
- 7.5 Lithium-iron Phosphate (LFP)
- 7.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.5.2 Market Share by Region, 2024 & 2034 (%)
- 7.6 Lithium-manganese Oxide (LMO)
- 7.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.6.2 Market Share by Region, 2024 & 2034 (%)
- 7.7 Lithium-titanate Oxide (LTO)
- 7.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.7.2 Market Share by Region, 2024 & 2034 (%)
- 7.8 Lithium-nickel Cobalt Aluminum Oxide (NCA)
- 7.8.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.8.2 Market Share by Region, 2024 & 2034 (%)
- 7.9 Other Types
- 7.9.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.9.2 Market Share by Region, 2024 & 2034 (%)
8 Lithium-ion Battery Recycling Market Analysis by Region
- 8.1 Key Findings
- 8.2 Regional Market Size Estimation and Forecast
9 North America Lithium-ion Battery Recycling Market Analysis
- 9.1 Key Findings
- 9.2 North America Lithium-ion Battery Recycling Market Attractiveness Index
- 9.3 North America Lithium-ion Battery Recycling Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 9.4 North America Lithium-ion Battery Recycling Market Size Estimation and Forecast
- 9.5 North America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Country
- 9.6 North America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Battery Source
- 9.7 North America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Recycling Process
- 9.8 North America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Industry Vertical
- 9.9 North America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Type
- 9.10 U.S. Lithium-ion Battery Recycling Market Analysis
- 9.11 Canada Lithium-ion Battery Recycling Market Analysis
10 Europe Lithium-ion Battery Recycling Market Analysis
- 10.1 Key Findings
- 10.2 Europe Lithium-ion Battery Recycling Market Attractiveness Index
- 10.3 Europe Lithium-ion Battery Recycling Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 10.4 Europe Lithium-ion Battery Recycling Market Size Estimation and Forecast
- 10.5 Europe Lithium-ion Battery Recycling Market Size Estimation and Forecast by Country
- 10.6 Europe Lithium-ion Battery Recycling Market Size Estimation and Forecast by Battery Source
- 10.7 Europe Lithium-ion Battery Recycling Market Size Estimation and Forecast by Recycling Process
- 10.8 Europe Lithium-ion Battery Recycling Market Size Estimation and Forecast by Industry Vertical
- 10.9 Europe Lithium-ion Battery Recycling Market Size Estimation and Forecast by Type
- 10.10 Germany Lithium-ion Battery Recycling Market Analysis
- 10.11 UK Lithium-ion Battery Recycling Market Analysis
- 10.12 France Lithium-ion Battery Recycling Market Analysis
- 10.13 Hungary Lithium-ion Battery Recycling Market Analysis
- 10.14 Poland Lithium-ion Battery Recycling Market Analysis
- 10.15 Rest of Europe Lithium-ion Battery Recycling Market Analysis
11 Asia-Pacific Lithium-ion Battery Recycling Market Analysis
- 11.1 Key Findings
- 11.2 Asia-Pacific Lithium-ion Battery Recycling Market Attractiveness Index
- 11.3 Asia-Pacific Lithium-ion Battery Recycling Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 11.4 Asia-Pacific Lithium-ion Battery Recycling Market Size Estimation and Forecast
- 11.5 Asia-Pacific Lithium-ion Battery Recycling Market Size Estimation and Forecast by Country
- 11.6 Asia-Pacific Lithium-ion Battery Recycling Market Size Estimation and Forecast by Battery Source
- 11.7 Asia-Pacific Lithium-ion Battery Recycling Market Size Estimation and Forecast by Recycling Process
- 11.8 Asia-Pacific Lithium-ion Battery Recycling Market Size Estimation and Forecast by Industry Vertical
- 11.9 Asia-Pacific Lithium-ion Battery Recycling Market Size Estimation and Forecast by Type
- 11.10 China Lithium-ion Battery Recycling Market Analysis
- 11.11 India Lithium-ion Battery Recycling Market Analysis
- 11.12 Japan Lithium-ion Battery Recycling Market Analysis
- 11.13 South Korea Lithium-ion Battery Recycling Market Analysis
- 11.14 Australia Lithium-ion Battery Recycling Market Analysis
- 11.15 Rest of Asia-Pacific Lithium-ion Battery Recycling Market Analysis
12 Middle East and Africa Lithium-ion Battery Recycling Market Analysis
- 12.1 Key Findings
- 12.2 Middle East and Africa Lithium-ion Battery Recycling Market Attractiveness Index
- 12.3 Middle East and Africa Lithium-ion Battery Recycling Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 12.4 Middle East and Africa Lithium-ion Battery Recycling Market Size Estimation and Forecast
- 12.5 Middle East and Africa Lithium-ion Battery Recycling Market Size Estimation and Forecast by Country
- 12.6 Middle East and Africa Lithium-ion Battery Recycling Market Size Estimation and Forecast by Battery Source
- 12.7 Middle East and Africa Lithium-ion Battery Recycling Market Size Estimation and Forecast by Recycling Process
- 12.8 Middle East and Africa Lithium-ion Battery Recycling Market Size Estimation and Forecast by Industry Vertical
- 12.9 Middle East and Africa Lithium-ion Battery Recycling Market Size Estimation and Forecast by Type
- 12.10 GCC Lithium-ion Battery Recycling Market Analysis
- 12.11 South Africa Lithium-ion Battery Recycling Market Analysis
- 12.12 Rest of Middle East & Africa Lithium-ion Battery Recycling Market Analysis
13 Latin America Lithium-ion Battery Recycling Market Analysis
- 13.1 Key Findings
- 13.2 Latin America Lithium-ion Battery Recycling Market Attractiveness Index
- 13.3 Latin America Lithium-ion Battery Recycling Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 13.4 Latin America Lithium-ion Battery Recycling Market Size Estimation and Forecast
- 13.5 Latin America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Country
- 13.6 Latin America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Battery Source
- 13.7 Latin America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Recycling Process
- 13.8 Latin America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Industry Vertical
- 13.9 Latin America Lithium-ion Battery Recycling Market Size Estimation and Forecast by Type
- 13.10 Brazil Lithium-ion Battery Recycling Market Analysis
- 13.11 Mexico Lithium-ion Battery Recycling Market Analysis
- 13.12 Rest of Latin America Lithium-ion Battery Recycling Market Analysis
14 Company Profiles
- 14.1 Competitive Landscape, 2023
- 14.2 Strategic Outlook
- 14.3 Glencore plc
- 14.3.1 Company Snapshot
- 14.3.2 Company Overview
- 14.3.3 Financial Analysis
- 14.3.3.1 Net Revenue, 2018-2022
- 14.3.3.2 Regional Revenue Share, 2022 (%)
- 14.3.3.3 Business Segment Revenue Share, 2022 (%)
- 14.3.4 Product Benchmarking
- 14.3.5 Strategic Outlook
- 14.4 Contemporary Amperex Technology Co. Limited (CATL)
- 14.4.1 Company Snapshot
- 14.4.2 Company Overview
- 14.4.3 Product Benchmarking
- 14.4.4 Strategic Outlook
- 14.5 RecycLiCo Battery Materials Inc
- 14.5.1 Company Snapshot
- 14.5.2 Company Overview
- 14.5.3 Product Benchmarking
- 14.5.4 Strategic Outlook
- 14.6 American Battery Technology Company
- 14.6.1 Company Snapshot
- 14.6.2 Company Overview
- 14.6.3 Product Benchmarking
- 14.6.4 Strategic Outlook
- 14.7 ACCUREC RECYCLING GMBH
- 14.7.1 Company Snapshot
- 14.7.2 Company Overview
- 14.7.3 Product Benchmarking
- 14.8 Ecobat
- 14.8.1 Company Snapshot
- 14.8.2 Company Overview
- 14.8.3 Product Benchmarking
- 14.8.4 Strategic Outlook
- 14.9 Fortum Oyj
- 14.9.1 Company Snapshot
- 14.9.2 Company Overview
- 14.9.3 Product Benchmarking
- 14.9.4 Strategic Outlook
- 14.10 The International Metals Reclamation Company
- 14.10.1 Company Snapshot
- 14.10.2 Company Overview
- 14.10.3 Product Benchmarking
- 14.11 Redwood Materials, Inc.
- 14.11.1 Company Snapshot
- 14.11.2 Company Overview
- 14.11.3 Product Benchmarking
- 14.11.4 Strategic Outlook
- 14.12 Stena Recycling
- 14.12.1 Company Snapshot
- 14.12.2 Company Overview
- 14.12.3 Product Benchmarking
- 14.12.4 Strategic Outlook
- 14.13 Envirostream Australia Pty Ltd
- 14.13.1 Company Snapshot
- 14.13.2 Company Overview
- 14.13.3 Product Benchmarking
- 14.13.4 Strategic Outlook
- 14.14 Battery Recycling Made Easy
- 14.14.1 Company Snapshot
- 14.14.2 Company Overview
- 14.14.3 Product Benchmarking
- 14.15 Duesenfeld Gmbh
- 14.15.1 Company Snapshot
- 14.15.2 Company Overview
- 14.15.3 Product Benchmarking
- 14.16 SMC Recycling Inc
- 14.16.1 Company Snapshot
- 14.16.2 Company Overview
- 14.16.3 Product Benchmarking
- 14.17 Li-Cycle Corp.
- 14.17.1 Company Snapshot
- 14.17.2 Company Overview
- 14.17.3 Financial Analysis
- 14.17.3.1 Net Revenue, 2018-2022
- 14.17.3.2 R&D, 2018-2022
- 14.17.4 Product Benchmarking
- 14.17.5 Strategic Outlook
15 Conclusion and Recommendations
- 15.1 Concluding Remarks from Visiongain
- 15.2 Recommendations for Market Players