Battery recycling is a recycling activity that aims to reduce the number of batteries being disposed as municipal solid waste. Batteries contain a number of heavy metals and toxic chemicals and disposing of them by the same process as regular trash has raised concerns over soil contamination and water pollution.
Lithium-ion batteries and lithium iron phosphate (LiFePO4) batteries often contain among other useful metals high-grade copper and aluminium in addition to – depending on the active material – transition metals cobalt and nickel as well as rare earths. To prevent a future shortage of cobalt, nickel, and lithium and to enable a sustainable life cycle of these technologies, recycling processes for lithium batteries are needed. These processes have to regain not only cobalt, nickel, copper, and aluminium from spent battery cells, but also a significant share of lithium. In order to achieve this goal, several unit operations are combined into complex process chains, especially considering the task to recover high rates of valuable materials with regard to involved safety issues.
The global market for Recycling of Automotive Lithium-ion Battery was estimated to be worth US$ 218 million in 2023 and is forecast to a readjusted size of US$ 737.5 million by 2030 with a CAGR of 18.6% during the forecast period 2024-2030
Rising demand for electric vehicles: The increasing demand for electric vehicles (EVs) is a key driver for the recycling of automotive lithium-ion batteries. EVs require lithium-ion batteries to power their electric motors. As the sales of EVs grow, the demand for new batteries increases, leading to a parallel demand for recycling and reusing old batteries.
Government regulations and policies: Governments worldwide are promoting the use of EVs and supporting recycling initiatives to reduce environmental pollution and promote sustainable practices. Policies and regulations regarding battery recycling are becoming stricter, which is leading to an increase in recycling activities.
Developing battery swapping technologies: The development of battery swapping technologies is another driver for the recycling of automotive lithium-ion batteries. Battery swapping involves removing the depleted battery from the EV and replacing it with a charged one. This technology allows for the efficient reuse of batteries, reducing the need for new batteries and increasing the demand for recycling.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Recycling of Automotive Lithium-ion Battery, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Recycling of Automotive Lithium-ion Battery by region & country, by Type, and by Application.
The Recycling of Automotive Lithium-ion Battery market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Recycling of Automotive Lithium-ion Battery.
Market Segmentation
By Company
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
Lithion Recycling
Li-Cycle
AkkuSer
NAWA Technologies
Green Li-ion
Northvolt
Ganfeng Lithium
Reedwood Materials
Primobius
Battery Solutions
American Battery Technology
Accurec Recycling
Neometals
Fortum
SungEel MCC Americas
Redux GmbH
Segment by Type:
LiCoO2 Battery
NMC Battery
LiFePO4 Battery
Others
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Recycling of Automotive Lithium-ion Battery manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Recycling of Automotive Lithium-ion Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Recycling of Automotive Lithium-ion Battery in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Recycling of Automotive Lithium-ion Battery Product Introduction
1.2 Global Recycling of Automotive Lithium-ion Battery Market Size Forecast
1.3 Recycling of Automotive Lithium-ion Battery Market Trends & Drivers
1.3.1 Recycling of Automotive Lithium-ion Battery Industry Trends
1.3.2 Recycling of Automotive Lithium-ion Battery Market Drivers & Opportunity
1.3.3 Recycling of Automotive Lithium-ion Battery Market Challenges
1.3.4 Recycling of Automotive Lithium-ion Battery Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Recycling of Automotive Lithium-ion Battery Players Revenue Ranking (2023)
2.2 Global Recycling of Automotive Lithium-ion Battery Revenue by Company (2019-2024)
2.3 Key Companies Recycling of Automotive Lithium-ion Battery Manufacturing Base Distribution and Headquarters
2.4 Key Companies Recycling of Automotive Lithium-ion Battery Product Offered
2.5 Key Companies Time to Begin Mass Production of Recycling of Automotive Lithium-ion Battery
2.6 Recycling of Automotive Lithium-ion Battery Market Competitive Analysis
2.6.1 Recycling of Automotive Lithium-ion Battery Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Recycling of Automotive Lithium-ion Battery Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Recycling of Automotive Lithium-ion Battery as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 LiCoO2 Battery
3.1.2 NMC Battery
3.1.3 LiFePO4 Battery
3.1.4 Others
3.2 Global Recycling of Automotive Lithium-ion Battery Sales Value by Type
3.2.1 Global Recycling of Automotive Lithium-ion Battery Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Recycling of Automotive Lithium-ion Battery Sales Value, by Type (2019-2030)
3.2.3 Global Recycling of Automotive Lithium-ion Battery Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Recycling of Automotive Lithium-ion Battery Sales Value by Application
4.2.1 Global Recycling of Automotive Lithium-ion Battery Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Recycling of Automotive Lithium-ion Battery Sales Value, by Application (2019-2030)
4.2.3 Global Recycling of Automotive Lithium-ion Battery Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Recycling of Automotive Lithium-ion Battery Sales Value by Region
5.1.1 Global Recycling of Automotive Lithium-ion Battery Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Recycling of Automotive Lithium-ion Battery Sales Value by Region (2019-2024)
5.1.3 Global Recycling of Automotive Lithium-ion Battery Sales Value by Region (2025-2030)
5.1.4 Global Recycling of Automotive Lithium-ion Battery Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
5.2.2 North America Recycling of Automotive Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
5.3.2 Europe Recycling of Automotive Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
5.4.2 Asia Pacific Recycling of Automotive Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
5.5.2 South America Recycling of Automotive Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
5.6.2 Middle East & Africa Recycling of Automotive Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Recycling of Automotive Lithium-ion Battery Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Recycling of Automotive Lithium-ion Battery Sales Value
6.3 United States
6.3.1 United States Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
6.3.2 United States Recycling of Automotive Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Recycling of Automotive Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
6.4.2 Europe Recycling of Automotive Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Recycling of Automotive Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
6.5.2 China Recycling of Automotive Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.5.3 China Recycling of Automotive Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
6.6.2 Japan Recycling of Automotive Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Recycling of Automotive Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
6.7.2 South Korea Recycling of Automotive Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Recycling of Automotive Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
6.8.2 Southeast Asia Recycling of Automotive Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Recycling of Automotive Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Recycling of Automotive Lithium-ion Battery Sales Value, 2019-2030
6.9.2 India Recycling of Automotive Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.9.3 India Recycling of Automotive Lithium-ion Battery Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Umicore
7.1.1 Umicore Profile
7.1.2 Umicore Main Business
7.1.3 Umicore Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.1.4 Umicore Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.1.5 Umicore Recent Developments
7.2 GEM
7.2.1 GEM Profile
7.2.2 GEM Main Business
7.2.3 GEM Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.2.4 GEM Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.2.5 GEM Recent Developments
7.3 Brunp Recycling
7.3.1 Brunp Recycling Profile
7.3.2 Brunp Recycling Main Business
7.3.3 Brunp Recycling Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.3.4 Brunp Recycling Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.3.5 SungEel HiTech Recent Developments
7.4 SungEel HiTech
7.4.1 SungEel HiTech Profile
7.4.2 SungEel HiTech Main Business
7.4.3 SungEel HiTech Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.4.4 SungEel HiTech Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.4.5 SungEel HiTech Recent Developments
7.5 Taisen Recycling
7.5.1 Taisen Recycling Profile
7.5.2 Taisen Recycling Main Business
7.5.3 Taisen Recycling Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.5.4 Taisen Recycling Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.5.5 Taisen Recycling Recent Developments
7.6 Batrec
7.6.1 Batrec Profile
7.6.2 Batrec Main Business
7.6.3 Batrec Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.6.4 Batrec Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.6.5 Batrec Recent Developments
7.7 Retriev Technologies
7.7.1 Retriev Technologies Profile
7.7.2 Retriev Technologies Main Business
7.7.3 Retriev Technologies Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.7.4 Retriev Technologies Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.7.5 Retriev Technologies Recent Developments
7.8 Tes-Amm(Recupyl)
7.8.1 Tes-Amm(Recupyl) Profile
7.8.2 Tes-Amm(Recupyl) Main Business
7.8.3 Tes-Amm(Recupyl) Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.8.4 Tes-Amm(Recupyl) Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.8.5 Tes-Amm(Recupyl) Recent Developments
7.9 Duesenfeld
7.9.1 Duesenfeld Profile
7.9.2 Duesenfeld Main Business
7.9.3 Duesenfeld Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.9.4 Duesenfeld Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.9.5 Duesenfeld Recent Developments
7.10 4R Energy Corp
7.10.1 4R Energy Corp Profile
7.10.2 4R Energy Corp Main Business
7.10.3 4R Energy Corp Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.10.4 4R Energy Corp Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.10.5 4R Energy Corp Recent Developments
7.11 OnTo Technology
7.11.1 OnTo Technology Profile
7.11.2 OnTo Technology Main Business
7.11.3 OnTo Technology Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.11.4 OnTo Technology Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.11.5 OnTo Technology Recent Developments
7.12 Lithion Recycling
7.12.1 Lithion Recycling Profile
7.12.2 Lithion Recycling Main Business
7.12.3 Lithion Recycling Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.12.4 Lithion Recycling Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.12.5 Lithion Recycling Recent Developments
7.13 Li-Cycle
7.13.1 Li-Cycle Profile
7.13.2 Li-Cycle Main Business
7.13.3 Li-Cycle Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.13.4 Li-Cycle Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.13.5 Li-Cycle Recent Developments
7.14 AkkuSer
7.14.1 AkkuSer Profile
7.14.2 AkkuSer Main Business
7.14.3 AkkuSer Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.14.4 AkkuSer Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.14.5 AkkuSer Recent Developments
7.15 NAWA Technologies
7.15.1 NAWA Technologies Profile
7.15.2 NAWA Technologies Main Business
7.15.3 NAWA Technologies Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.15.4 NAWA Technologies Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.15.5 NAWA Technologies Recent Developments
7.16 Green Li-ion
7.16.1 Green Li-ion Profile
7.16.2 Green Li-ion Main Business
7.16.3 Green Li-ion Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.16.4 Green Li-ion Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.16.5 Green Li-ion Recent Developments
7.17 Northvolt
7.17.1 Northvolt Profile
7.17.2 Northvolt Main Business
7.17.3 Northvolt Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.17.4 Northvolt Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.17.5 Northvolt Recent Developments
7.18 Ganfeng Lithium
7.18.1 Ganfeng Lithium Profile
7.18.2 Ganfeng Lithium Main Business
7.18.3 Ganfeng Lithium Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.18.4 Ganfeng Lithium Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.18.5 Ganfeng Lithium Recent Developments
7.19 Reedwood Materials
7.19.1 Reedwood Materials Profile
7.19.2 Reedwood Materials Main Business
7.19.3 Reedwood Materials Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.19.4 Reedwood Materials Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.19.5 Reedwood Materials Recent Developments
7.20 Primobius
7.20.1 Primobius Profile
7.20.2 Primobius Main Business
7.20.3 Primobius Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.20.4 Primobius Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.20.5 Primobius Recent Developments
7.21 Battery Solutions
7.21.1 Battery Solutions Profile
7.21.2 Battery Solutions Main Business
7.21.3 Battery Solutions Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.21.4 Battery Solutions Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.21.5 Battery Solutions Recent Developments
7.22 American Battery Technology
7.22.1 American Battery Technology Profile
7.22.2 American Battery Technology Main Business
7.22.3 American Battery Technology Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.22.4 American Battery Technology Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.22.5 American Battery Technology Recent Developments
7.23 Accurec Recycling
7.23.1 Accurec Recycling Profile
7.23.2 Accurec Recycling Main Business
7.23.3 Accurec Recycling Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.23.4 Accurec Recycling Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.23.5 Accurec Recycling Recent Developments
7.24 Neometals
7.24.1 Neometals Profile
7.24.2 Neometals Main Business
7.24.3 Neometals Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.24.4 Neometals Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.24.5 Neometals Recent Developments
7.25 Fortum
7.25.1 Fortum Profile
7.25.2 Fortum Main Business
7.25.3 Fortum Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.25.4 Fortum Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.25.5 Fortum Recent Developments
7.26 SungEel MCC Americas
7.26.1 SungEel MCC Americas Profile
7.26.2 SungEel MCC Americas Main Business
7.26.3 SungEel MCC Americas Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.26.4 SungEel MCC Americas Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.26.5 SungEel MCC Americas Recent Developments
7.27 Redux GmbH
7.27.1 Redux GmbH Profile
7.27.2 Redux GmbH Main Business
7.27.3 Redux GmbH Recycling of Automotive Lithium-ion Battery Products, Services and Solutions
7.27.4 Redux GmbH Recycling of Automotive Lithium-ion Battery Revenue (US$ Million) & (2019-2024)
7.27.5 Redux GmbH Recent Developments
8 Industry Chain Analysis
8.1 Recycling of Automotive Lithium-ion Battery Industrial Chain
8.2 Recycling of Automotive Lithium-ion Battery Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Recycling of Automotive Lithium-ion Battery Sales Model
8.5.2 Sales Channel
8.5.3 Recycling of Automotive Lithium-ion Battery Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
Lithion Recycling
Li-Cycle
AkkuSer
NAWA Technologies
Green Li-ion
Northvolt
Ganfeng Lithium
Reedwood Materials
Primobius
Battery Solutions
American Battery Technology
Accurec Recycling
Neometals
Fortum
SungEel MCC Americas
Redux GmbH
Ìý
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*If Applicable.