Lithium-ion Battery Recycling Market by Battery Chemistry (Lithium-nickel Manganese Cobalt, Lithium-iron Phosphate, Lithium-Manganese Oxide, LTO, NCA, LCO), Industry (Automotive, Marine, Industrial, and Power), and Region - Global Forecast to 2030

Lithium-ion Battery Recycling Market by Battery Chemistry (Lithium-nickel Manganese Cobalt, Lithium-iron Phosphate, Lithium-Manganese Oxide, LTO, NCA, LCO), Industry (Automotive, Marine, Industrial, and Power), and Region - Global Forecast to 2030

“The lithium-ion battery recycling market is projected to grow at a CAGR of 8.2% from 2025 to 2030, in terms of value.”
The lithium-ion battery recycling market is estimated at USD 1.5 billion in 2019 and projected to grow from USD 12.2 billion in 2025 to USD 18.1 billion by 2030, at a CAGR of 8.2% from 2025 to 2030. The major reasons for the growth of the battery recycling market include the increasing concerns regarding environmental pollution and the enforcement of stringent environmental regulations across regions to control excessive industrial and air emissions. The Rising concerns about depleting earth metals and government initiatives to recycle batteries are drivers for the battery recycling market globally.

“The automotive segment is projected to lead the lithium-ion battery recycling market in terms of both value and volume from 2025 to 2030.”
Based on end use, the automotive segment accounted for the largest share of the lithium-ion battery recycling market in 2018. Within the industry segment, automotive plays a major role in the contribution of spent lithium-ion batteries for the recycling market due to the high penetration of electrically driven vehicles in the growing economies.

“Lithium Nickel Manganese Cobalt (Li-NMC) is the largest segment of the lithium-ion battery recycling market, by chemistry type.”
The lithium-nickel manganese cobalt (Li-NMC) segment accounted for the largest share of the lithium-ion battery recycling market in 2018. This large share is mainly attributed to the material being cost-effective and the key functional properties, which make it a preferred material, especially for the automotive industry.

“North America is projected to lead the lithium-ion battery recycling market during the forecast period, in terms of both value and volume.”
The North America region is projected to lead the lithium-ion battery recycling market from 2019 to 2024 in terms of both, value and volume. The presence of major electric vehicle manufacturers in the region such as Tesla, Inc., General Motors Company, and Ford Motor Company, among others, ensures a continuous supply of EVs leading to the accumulation of end-of-life LIBs, thereby propelling the LIB recycling market. Additionally, the presence of more than 1,500 data centers in North America is expected to drive the LIB recycling market in the future.

Profile break-up of primary participants for the report:
By Company Type: Tier 1 – 35%, Tier 2 – 35%, and Tier 3 – 30%
By Designation: C-level Executives – 45%, Directors – 35%, and Others – 20%
By Region: North America – 52%, Europe – 33%, Asia Pacific – 10%, Rest of the World – 5%

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by varied market players, such as Umicore (Belgium), Glencore (Switzerland), Retriev Technologies (US), Raw Materials Company (Canada), American Zinc Recycling (INMETCO) (US), and Battery Recycling Made Easy (US), among others.

Research Coverage:
The report defines, segments, and projects the lithium-ion battery recycling market based on end use, battery chemistry, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges. It strategically profiles key players and comprehensively analyzes their market shares and core competencies as well as tracks and analyzes competitive developments such as partnerships, contracts, and joint ventures; mergers & acquisitions; expansions; new product launches; and research & development activities in the market.

Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the lithium-ion battery recycling market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • PRIMARY AND SECONDARY RESEARCH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • INTRODUCTION
    • LIFE EXPECTANCIES OF BATTERIES IN AUTOMOTIVE AND STATIONARY APPLICATIONS
      • EXPORT OF LITHIUM-ION BATTERIES
        • Table SHARE OF TOP COUNTRIES THAT RECEIVED HIGH REVENUE FROM THE EXPORT OF LITHIUM-ION BATTERIES DURING 2018
    • MATERIALS PRESENT IN SPENT BATTERIES
      • Table AVERAGE COMPOSITION OF VARIOUS COMPONENTS OF LITHIUM-ION BATTERIES, BY MATERIAL
      • Table METALS IN COMMONLY RECYCLED BATTERIES AS A PERCENTAGE OF THE OVERALL CONTENT
      • Table MAJOR RECOVERABLE METALS FROM VARIOUS BATTERY CHEMISTRIES AFTER RECYCLING
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • VALUE CHAIN OF LITHIUM-ION BATTERIES
    • VALUE CHAIN OF LI-ION BATTERIES, WITH MAJOR GLOBAL PLAYERS
    • LITHIUM-ION BATTERY RECYCLING PROCESS
    • ESTIMATED LI-ION BATTERY RECYCLING CAPACITIES OF KEY RECYCLERS
  • LITHIUM-ION BATTERY RECYCLING MARKET REGULATIONS
    • NORTH AMERICA BATTERY RECYCLING REGULATIONS
      • US
      • CANADA
    • EUROPE BATTERY RECYCLING REGULATIONS
    • ASIA PACIFIC BATTERY RECYCLING REGULATIONS
  • ELECTRIC VEHICLE MARKET OUTLOOK (EXISTING SUBSIDIES, AND TAX STRUCTURES)
    • INTRODUCTION
    • CANADA
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, CANADA, 2016
    • CHINA
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, CHINA, 2016
      • Table OTHER EXISTING BENEFITS
      • Table EXISTING SUBSIDIES AND TAXES
    • DENMARK
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, DENMARK, 2016
    • FRANCE
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, FRANCE, 2016
    • GERMANY
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, GERMANY, 2016
    • INDIA
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, INDIA, 2016
    • JAPAN
      • Table EXISTING PASSENGER SAFETY REGULATIONS, JAPAN, 2016
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, JAPAN, 2016
    • NORWAY
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, NORWAY, 2016
    • SWEDEN
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, SWEDEN, 2016
    • THE NETHERLANDS
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, THE NETHERLANDS, 2016
    • UK
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, UK, 2016
      • Table VEHICLE CATEGORIES ELIGIBLE FOR SUBSIDIES IN THE UK
    • US
      • Table EXISTING SUBSIDIES AND TAX STRUCTURE, US, 2016
      • Table STATE-WISE INCENTIVE AND TAX STRUCTURE FOR ELECTRIC VEHICLES
  • LITHIUM-ION BATTERY RECYCLING MARKET, BY END USE
    • INTRODUCTION
      • Table LITHIUM-ION BATTERY RECYCLING MARKET, BY END USE, 2017-2030 (USD MILLION)
    • AUTOMOTIVE
      • HIGH DEMAND FOR ELECTRIC VEHICLES PROJECTED TO LEAD TO THE GROWTH OF THE MARKET
        • Table EXPECTED ELECTRIC VEHICLE OFFERINGS, 2017–2030
        • Table ELECTRIC DRIVEN VEHICLE BATTERIES EXPECTED FOR RECYCLING
        • Table ELECTRIC VEHICLE STARTUP INVESTMENTS, 2015–2016
        • Table LITHIUM-ION BATTERY RECYCLING MARKET FOR AUTOMOTIVE END USE, BY REGION, 2017-2030 (USD MILLION)
    • NON-AUTOMOTIVE
      • EUROPE LED THE NON-AUTOMOTIVE SEGMENT IN 2018
        • Table LITHIUM-ION BATTERY RECYCLING MARKET FOR NON-AUTOMOTIVE END USE, BY SUBSEGMENT, 2017–2030 (USD MILLION)
      • INDUSTRIAL
        • Table INDUSTRIAL SUBSEGMENT MARKET IN NON-AUTOMOTIVE END USE, BY REGION, 2017-2030 (USD MILLION)
      • POWER
        • Table POWER SEGMENT MARKET IN NON-AUTOMOTIVE END USE, BY REGION, 2017-2030 (USD MILLION)
      • MARINE
        • Table MARINE SUBSEGMENT MARKET IN NON-AUTOMOTIVE END USE, BY REGION, 2017-2030 (USD MILLION)
  • AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY BATTERY CHEMISTRY
    • INTRODUCTION
      • Table AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY BATTERY CHEMISTRY, 2017–2030 (UNITS)
    • LITHIUM-NICKEL MANGANESE COBALT (LI-NMC)
      • LITHIUM-NICKEL MANGANESE COBALT (LI-NMC) ACCOUNTED FOR THE LARGEST SHARE OF THE MARKET IN 2018
        • Table AUTOMOTIVE LITHIUM-NICKEL MANGANESE COBALT (LI-NMC): LITHIUM-ION BATTERY RECYCLING MARKET, 2017–2030 (UNITS)
    • LITHIUM-IRON PHOSPHATE (LFP)
      • LITHIUM IRON PHOSPHATE (LFP), ACCOUNTED FOR THE SECONDLARGEST SHARE OF THE MARKET IN 2018
        • Table AUTOMOTIVE LITHIUM-IRON PHOSPHATE (LFP): LITHIUM-ION BATTERY RECYCLING MARKET, 2017–2030 (UNITS)
    • LITHIUM-MANGANESE OXIDE (LMO)
      • ADVANTAGES, SUCH AS LOWER INTERNAL RESISTANCE, HIGH THERMAL STABILITY, IMPROVED HANDLING OF CURRENT, ARE FACTORS PROPELLING DEMAND FOR LMO BATTERIES
        • Table AUTOMOTIVE LITHIUM-MANGANESE OXIDE (LMO): LITHIUM-ION BATTERY RECYCLING MARKET, 2017–2030 (UNITS)
    • LITHIUM-TITANATE OXIDE (LTO)
      • THE DEMAND FOR LTO BATTERIES ACCOUNTED FOR THE LARGEST SHARE OF THE NORTH AMERICA REGION IN 2018
        • Table AUTOMOTIVE LITHIUM-TITANATE OXIDE (LTO): LITHIUM-ION BATTERY RECYCLING MARKET, 2017–2030 (UNITS)
    • LITHIUM-NICKEL COBALT ALUMINUM OXIDE (NCA)
      • NCA BATTERIES ARE PROJECTED TO GROW AT THE HIGHEST CAGR IN EUROPE, DURING THE FORECAST PERIOD, 2025-2030
        • Table AUTOMOTIVE LITHIUM-NICKEL COBALT ALUMINUM OXIDE (NCA): LITHIUM-ION BATTERY RECYCLING MARKET, 2017–2030 (UNITS)
    • MATERIALS PRESENT IN BATTERIES FOR RECYCLING
      • Table AVERAGE COMPOSITION OF VARIOUS COMPONENTS OF LITHIUM-ION BATTERIES, BY MATERIAL
      • Table METAL CONTENT OF RECYCLED BATTERIES
      • Table MAJOR RECOVERABLE METALS FROM VARIOUS BATTERY CHEMISTRIES AFTER RECYCLING
  • LITHIUM-ION BATTERY RECYCLING PROCESS
    • INTRODUCTION
      • Table COMPARISON OF PROCESSES INVOLVED IN RECYCLING LI-ION BATTERIES
      • HYDROMETALLURGICAL PROCESS
        • Table ADVANTAGES AND DISADVANTAGES OF THE HYDROMETALLURGICAL PROCESS
      • PYROMETALLURGY PROCESS
        • Table ADVANTAGES AND DISADVANTAGES OF THE PYROMETALLURGICAL PROCESS
      • PHYSICAL/MECHANICAL PROCESS
        • Table ADVANTAGES AND DISADVANTAGES OF THE PHYSICAL/MECHANICAL PROCESS
  • LI-ION BATTERY RECYCLING MARKET, BY REGION
    • INTRODUCTION
      • Table LITHIUM-ION BATTERY RECYCLING MARKET, BY REGION, 2017–2030 (USD MILLION)
      • Table AUTOMOTIVE LITHIUM ION BATTERY RECYCLING MARKET, BY REGION, 2017–2030 (USD MILLION)
      • Table AUTOMOTIVE LITHIUM ION BATTERY RECYCLING MARKET, BY REGION, 2017–2030 (UNITS)
      • Table NON-AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY SUBSEGMENT, 2017–2030 (USD MILLION)
      • Table AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY BATTERY CHEMISTRY, 2017–2030 (UNITS)
    • NORTH AMERICA
      • Table NORTH AMERICA AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY COUNTRY, 2017–2030 (USD MILLION)
      • Table NORTH AMERICA AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY COUNTRY, 2017–2030 (UNITS)
      • Table NORTH AMERICA NON-AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY SUBSEGMENT, 2017–2030 (USD MILLION)
      • Table NORTH AMERICA AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY BATTERY CHEMISTRY, 2017–2030 (UNITS)
      • Table US LITHIUM-ION BATTERY RECYCLING MARKET SNAPSHOT (UNITS)
      • US
      • CANADA
        • Table CANADA LITHIUM-ION BATTERY RECYCLING MARKET SNAPSHOT (UNITS)
    • EUROPE
      • EUROPE WAS THE SECOND-LARGEST LITHIUM-ION BATTERY RECYCLING MARKET GLOBALLY IN 2019
        • Table EUROPE AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY COUNTRY, 2017–2030 (USD MILLION)
        • Table EUROPE AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY COUNTRY, 2017–2030 (UNITS)
        • Table EUROPE NON-AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY SUBSEGMENT, 2017–2030 (USD MILLION)
        • Table EUROPE LITHIUM-ION BATTERY RECYCLING MARKET, BY BATTERY CHEMISTRY, 2017–2030 (UNITS)
    • ASIA PACIFIC
      • IN THE ASIA PACIFIC, JAPAN LED THE AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET IN 2019
        • Table ASIA PACIFIC AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY COUNTRY, 2017–2030 (USD MILLION)
        • Table ASIA PACIFIC AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY COUNTRY, 2017–2030 (UNITS)
        • Table ASIA PACIFIC NON-AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY SUBSEGMENT, 2017–2030 (USD MILLION)
        • Table ASIA PACIFIC AUTOMOTIVE LITHIUM-ION BATTERY RECYCLING MARKET, BY BATTERY CHEMISTRY, 2017–2030 (UNITS)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE LANDSCAPE MAPPING, 2019
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • MARKET RANKING OF KEY PLAYERS
    • COMPETITIVE SCENARIO
      • ACQUISITIONS
        • Table ACQUISITIONS, 2016–2019
      • EXPANSIONS
        • Table EXPANSIONS, 2016–2019
      • AGREEMENTS
        • Table AGREEMENTS, 2016–2019
      • PARTNERSHIPS
        • Table PARTNERSHIPS, 2016–2019
      • COLLABORATIONS
        • Table COLLABORATIONS, 2016–2019
      • NEW TECHNOLOGY LAUNCHES
        • Table NEW TECHNOLOGY LAUNCHES, 2016–2019
      • NEW TECHNOLOGY DEVELOPMENTS
        • Table NEW TECHNOLOGY DEVELOPMENTS, 2016–2019
      • INVESTMENTS
        • Table INVESTMENTS, 2016–2019
      • CONTRACTS
        • Table CONTRACTS, 2016–2019
      • NEW PROCESS LAUNCHES
        • Table NEW PROCESS LAUNCHES, 2016–2019
  • COMPANY PROFILES
    • UMICORE
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GLENCORE INTERNATIONAL AG
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • RETRIEV TECHNOLOGIES INC.
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • RAW MATERIALS COMPANY INC. (RMC)
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTERNATIONAL METALS RECLAMATION COMPANY, LLC (INMETCO)
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • AMERICAN MANGANESE INC.
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • SITRASA
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • LI-CYCLE CORP.
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • NEOMETALS LTD
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • RECUPYL SAS
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • METAL CONVERSION TECHNOLOGIES (MCT)
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TES-AMM SINGAPORE PTE LTD
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • FORTUM OYJ
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • GEM CO., LTD
      • BUSINESS OVERVIEW
      • APPLICATIONS OF MAJOR PRODUCTS RECOVERED FROM LI-ION BATTERIES
      • RECENT DEVELOPMENTS
    • CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD (CATL)
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES
      • RECENT DEVELOPMENTS
    • OTHER COMPANIES
      • TATA CHEMICALS LIMITED
      • ONTO TECHNOLOGY, LLC
      • LITHION RECYCLING INC.
      • ECOBAT TECHNOLOGIES LTD.
      • BATTERY RECYCLING MADE EASY (BRME)
      • EURO DIEUZE INDUSTRIE (E.D.I.)
      • BATREC INDUSTRIE AG
      • URECYCLE GROUP OY
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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