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THE GLOBAL ELECTRIC VEHICLE BATTERY RECYCLING MARKET IS EXPECTED TO REACH USD 20.06 BILLION BY 2028 FROM USD 8.20 BILLION IN 2022, GROWING AT A CAGR OF 16.08% DURING THE FORECAST PERIOD.
The Global Electric Vehicle Battery Recycling Market Size, Share, & Trends Analysis Report By
- Process Type: Hydrometallurgy, Pyrometallurgy, and Other Process
- Chemistry Type: Lithium-ion, Lead-acid, Nickel, and Others
- End User: Commercial Vehicle and Passenger Vehicle
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2023–2028.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
ELECTRIC VEHICLE BATTERY RECYCLING MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market Size (2028) | USD 20.07 Billion |
| Market Size (2022) | USD 8.20 Billion |
| CAGR (2022-2028) | 16.08% |
| Base Year | 2022 |
| Forecast Year | 2023-2028 |
| Market Segments | Process Type, Chemistry Type, End User, and Geography |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| KEY PLAYERS | Umicore, Bosch, ACCUREC-Recycling GmbH, and Li-Cycle Corp. |
INDUSTRY OVERVIEW
The electric vehicle battery recycling market size was valued at USD 8.20 billion in 2022 and is expected to reach USD 20.06 billion by 2028, growing at a CAGR of 16.08% during the forecast period. The market growth is primarily driven by the stringent government regulatory framework, strengthening demand for electric vehicles (EVs), and rising concerns regarding the depletion of materials. Additionally, the surging government incentives for battery recycling and growing innovations in recycling technologies are expected to create market growth opportunities. The EV batteries recycling market is externally shaped based on the process and technology available in the market. With considerable upgrades in business models and operation techniques, the market can witness further traction supported by stringent protocols and corporate policies.
MARKET TRENDS & DRIVERS
Exponential Growth of Battery Technology
Since 2000, batteries have undergone massive growth under technological innovations, resulting in lithium-ion battery development. Li-ion batteries are increasingly gaining prominence worldwide as rechargeable batteries. The expanding adoption of this battery is leading to the growth of its dominance year-over-year. Due to the rising demand for enduring battery life, several advances were made in EV batteries for extra backup capacity. This has considerably improved the performance and efficiency of electric vehicle Li-ion batteries. It has also improved energy density, charging rate, cyclability, safety, and stability. These batteries take less than an hour for a full charge and last longer. Hence, the demand for these electric vehicles (EV) batteries recycling market is growing significantly.
Rising Gasoline Prices
Gasoline prices are increasing continuously worldwide, resulting in a massive challenge for consumers and businesses. Most advanced countries have higher gasoline prices than developing economies as they major export gasoline vehicles and products. The price variation is due to diverse subsidies and taxes offered and charged by governments. Hence, the constant increase in gasoline prices in various countries drives consumers toward electric vehicles, thereby supporting electric vehicle battery recycling market growth. The U.S., Germany, the U.K., and several other European countries are among the key markets for electric vehicles. However, rising gasoline prices in these countries promote electric vehicle adoption in the industry.
INDUSTRY CONSTRAINTS
Instabilities in Raw Material Pricing
Raw material costs account for approximately 50%–60% of the overall cost of production in the global electric vehicle battery recycling market. The prices of major raw materials for producing and manufacturing electric vehicle batteries and their accessories—steel, plastic, and rubber—have been volatile over the last few years. The instability of raw material prices poses a serious threat to vendor margins. Chinese manufacturers that offer cheap and high-quality EV batteries have added to the worries of prominent vendors to comply with the growing demand and changing industry standards cost-efficiently. These factors burden vendors that strive to manufacture efficient EV batteries at affordable prices to cope with the competition in the market. Therefore, these factors are anticipated to decrease demand for EV battery recycling.
SEGMENTATION INSIGHTS
INSIGHTS BY PROCESS TYPE
The hydrometallurgical process segment accounted for the largest electric vehicle battery recycling market share in 2022. The large share of this segment is mainly attributed to the growing need to remove organic materials from Li-ion batteries and extract metals from ores with low metal content, increasing demand for a less expensive, scalable, flexible, low-cost, and low-environment-impacting recycling process. The growing need to extract a wide range of materials, including copper, silver, nickel, lithium, and zinc, the increasing need for selective separation of materials through chemicals, rising demand for low energy consumption, less waste, and low impact on the atmosphere are responsible for the growing demand for hydrometallurgical process segment.
INSIGHTS BY CHEMISTRY TYPE
The global electric vehicle battery recycling market by chemistry type segments as lithium-ion batteries (Li-ion), lead-acid batteries, nickel, and other batteries. In 2022, the lithium-ion batteries segment is expected to account for the dominant segment in the global market. Lithium-ion batteries used in electric vehicles contain many valuable materials worth recovering, which are disassembled and shredded for recycling. Once shredded, the materials are sifted and categorized based on their nature and size. Factors such as the rising adoption of electric-powered vehicles, increasing demand to recover valuable materials from Li-ion batteries to reduce the essential for new mining and processing of raw materials, low self-discharge rate batteries, and growing need for high energy density for EVs are contributing to the large industry share of this segment.
INSIGHTS BY END USERS
The global electric vehicle battery recycling market by end-user segments into commercial vehicles and passenger cars. The commercial vehicles segment is anticipated to account for the largest global industry segment. Factors such as the rising government subsidies & tax rebates for using low-emission commuting vehicles, increasing government initiatives for the promotion of e-mobility, increasing investments to develop advanced commercial EVs, limited lifespan of batteries, and charging infrastructure are contributing to the large industry share of this segment.
GEOGRAPHICAL ANALYSIS
North America dominated the global electric vehicle battery recycling market in 2022, valued at USD 1.65 billion in 2022. The region has many established players and a high technological advancement. With advances in Li-ion battery technology, the North American EV battery recycling industry is expected to witness high growth with a substantial surge in demand for accessories for battery-related tools. The industry is driven by consumer demand for innovative products and services, and there is a significant investment in research and development to support this demand.
Asia-Pacific is anticipated to register the highest CAGR during the forecast period in the global electric vehicle battery recycling market due to the initiatives to reduce the volume of EV battery waste, growing implementation of policies and toxic substances in the environment, rising concerns regarding the depletion of precious, and growing demand for lithium-ion batteries for EVs battery production. Moreover, the rising amount of battery waste, stringent government regulatory mandates for battery recycling, and high adoption of electric mobility in the region are also contributing to the growth of the electric vehicle battery recycling market in Asia-Pacific.
VENDOR LANDSCAPE
The global electric vehicle battery recycling market is characterized by low market concentration and high competition among players. The present scenario drives vendors to alter and refine their unique value propositions to achieve a strong industry presence. The global electric vehicle battery recycling market is fragmented and dominated by vendors such as ACCUREC-Recycling GmbH, American Manganese Inc., Battery Solutions, and G & P Batteries Limited. These major vendors have a global presence in three major regions, namely North America, APAC, and Europe.
The top electric vehicle (EV) battery recycling companies efficiently recycle these batteries and recover materials. This can be supported by the widespread adoption of electric vehicles across the globe due to government incentives, stricter emission regulations, and rising environmental consciousness. Therefore, the growing volume of spent electric vehicle batteries that will require recycling significantly supports the leading players. In addition, governments across various countries are recognizing the environmental impact of electric vehicle batteries and implementing regulations to encourage responsible recycling practices. Furthermore, continuous advancements in battery dismantling, separation, and chemical processes and the advent of advanced recycling technologies are creating a positive industry outlook.
SNAPSHOT
The global electric vehicle battery recycling market is expected to grow at a CAGR of approximately 16.08% from 2022 to 2028.
The following factors are likely to contribute to the growth of the global electric vehicle battery recycling market during the forecast period:
- Rising Gasoline Prices
- The Rising Demand for Zero-Emission Vehicles
- Implementing Policies and Incentives to Encourage the Adoption of EVs
Base Year: 2022
Forecast Year: 2023-2028
The report considers the present scenario of the electric vehicle battery recycling market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
Key Company Profiles
- Umicore
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Bosch
- ACCUREC-Recycling GmbH
- Li-Cycle Corp.
Other Prominent Vendors
- RecycLiCo
- Business Overview
- Product Offerings
- Battery Solution
- G & P Batteries Limited
- SITRASA
- Retriev Technologies
- SNAM Groupe
- TES-Amm
- FORTUM CORPORATION
- MTB RECYCLING
- Tata Chemicals Limited
- Duesenfeld
Segmentation by Process Type
- Hydrometallurgy
- Pyrometallurgy
- Other Process
Segmentation by Chemistry Type
- Lithium-ion
- Lead-acid
- Nickel
- Others
Segmentation by End User
- Commercial Vehicle
- Passenger Vehicle
Segmentation by Geography
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Russia
- Italy
- Spain
- APAC
- China
- Japan
- South Korea
- India
- Australia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
Frequently Asked Questions
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EXHIBIT 1 SEGMENTATION OF GLOBAL EV BATTERY RECYCLING MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 EV SALES BY REGION 2025 & 2030 (GWH)
EXHIBIT 4 IMPACT OF EUROPEAN UNREST
EXHIBIT 5 VALUE CHAIN ANALYSIS OF GLOBAL ELECTRIC VEHICLE BATTERY RECYCLING MARKET
EXHIBIT 6 IMPACT OF GROWING PROMINENCE OF ASIAN MANUFACTURING
EXHIBIT 7 MAJOR GROWTH DRIVERS FACTORS FOR APAC MANUFACTURING INDUSTRY
EXHIBIT 8 FACTS AND DIMENSIONS OF APAC GLOBAL ECONOMY GROWTH
EXHIBIT 9 IMPACT OF INDUSTRY 4.0 & SMART PRECISION MANUFACTURING
EXHIBIT 10 OPERATIONAL BENEFITS OF INDUSTRY 4.0
EXHIBIT 11 IMPACT OF EXPONENTIAL GROWTH OF BATTERY TECHNOLOGY
EXHIBIT 12 COMPARATIVE ANALYSIS AMONG DIFFERENT TYPES OF BATTERIES
EXHIBIT 13 CHANGE IN AVERAGE PRICE OF LI-ION BATTERY 2010 -2030 ($ PER KWH)
EXHIBIT 14 IMPACT OF RISING GASOLINE PRICES
EXHIBIT 15 GLOBAL AVERAGE GASOLINE & DIESEL PRICES (APRIL-JUNE 2022)
EXHIBIT 16 IMPACT OF RISING DEMAND FOR ZERO-EMISSION VEHICLES
EXHIBIT 17 ADVANTAGES OF ZEV
EXHIBIT 18 IMPACT OF IMPLEMENTING POLICIES AND INCENTIVES TO ENCOURAGE ADOPTION OF EVS
EXHIBIT 19 IMPACT OF FLUCTUATIONS IN RAW MATERIAL PRICING
EXHIBIT 20 AVERAGE STEEL PRICES SEPTEMBER 2022-JANUARY 2023 ($/TONNE)
EXHIBIT 21 IMPACT OF END-USER VARIABILITY
EXHIBIT 22 IMPACT OF TURBULENT GLOBAL POLITICAL AND TRADE RELATIONS
EXHIBIT 23 GLOBAL ELECTRIC VEHICLE BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 24 FIVE FORCES ANALYSIS 2022
EXHIBIT 25 INCREMENTAL GROWTH BY PROCESS TYPE 2022 & 2028 ($ BILLION)
EXHIBIT 26 GLOBAL EV BATTERY RECYCLING MARKET BY PROCESS TYPES 2022 VS. 2028 (% SHARE)
EXHIBIT 27 KEY ADVANTAGES OF HYDROMETALLURGY PROCESS
EXHIBIT 28 GLOBAL EV BATTERY RECYCLING MARKET BY HYDROMETALLURGY PROCESS 2022 & 2028 (% SHARE)
EXHIBIT 29 GLOBAL EV BATTERY RECYCLING MARKET BY HYDROMETALLURGICAL PROCESS 2022–2028 ($ BILLION)
EXHIBIT 30 THREE BASIC ADVANTAGES OF THE PYROMETALLURGICAL PROCESS
EXHIBIT 31 MARKET SHARE OF PYROMETALLURGY PROCESS SEGMENT 2022 & 2028
EXHIBIT 32 GLOBAL EV BATTERY RECYCLING MARKET BY PYROMETALLURGY PROCESS 2022–2028 ($ BILLION)
EXHIBIT 33 GLOBAL EV BATTERY RECYCLING MARKET BY OTHER RECYCLING PROCESS 2022 (% SHARE)
EXHIBIT 34 GLOBAL EV BATTERY RECYCLING MARKET BY OTHER PROCESS 2022–2028 ($ BILLION)
EXHIBIT 35 INCREMENTAL GROWTH BY CHEMISTRY 2022 & 2028 ($ BILLION)
EXHIBIT 36 CLASSIFICATION OF CHEMISTRY
EXHIBIT 37 GLOBAL EV BATTERIES RECYCLING MARKET VALUE BY CHEMISTRY 2022 ($ MILLION)
EXHIBIT 38 GLOBAL EV BATTERIES RECYCLING MARKET BY CHEMISTRY 2022 (% SHARE)
EXHIBIT 39 MAJOR ADVANTAGES OF LITHIUM BATTERIES
EXHIBIT 40 LITHIUM-ION BATTERY DEMAND BY REGION IN GWH 2020-2022
EXHIBIT 41 GLOBAL LITHIUM-ION ELECTRIC VEHICLE BATTERY RECYCLING MARKET 2022−2028 ($ BILLION)
EXHIBIT 42 GLOBAL LEAD ACID EV BATTERY MARKET 2022 (% SHARE)
EXHIBIT 43 GLOBAL LEAD ACID EV BATTERY RECYCLING MARKET 2022−2028 ($ BILLION)
EXHIBIT 44 ADVANTAGES & DISADVANTAGES OF NI-CD BATTERIES
EXHIBIT 45 GLOBAL NICKEL-CADMIUM EV BATTERY RECYCLING MARKET 2022−2028 ($ BILLION)
EXHIBIT 46 GLOBAL OTHER EV BATTERY MARKET 2022 (% SHARE)
EXHIBIT 47 GLOBAL OTHERS EV BATTERY RECYCLING MARKET 2022−2028 ($ BILLION)
EXHIBIT 48 INCREMENTAL GROWTH BY END-USER 2022 & 2028 ($ BILLION)
EXHIBIT 49 ELECTRIC CAR SALES IN EUROPE, US, & OTHERS 2020–2023 (MILLION UNITS)
EXHIBIT 50 GLOBAL EV SALES, TRUCKS, CARS, VANS WORLD, 2020-2022 (THOUSAND UNITS)
EXHIBIT 51 GLOBAL COMMERCIAL EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 52 GLOBAL EV SALES CARS WORLD, 2020-2022 (THOUSAND UNITS)
EXHIBIT 53 GLOBAL PASSENGER EV BATTERY RECYCLING MARKET 2022−2028 ($ BILLION)
EXHIBIT 54 INCREMENTAL GROWTH BY GEOGRAPHY 2022 & 2028 ($ BILLION)
EXHIBIT 55 EV CAR SALES IN CHINA, EUROPE, US, & OTHERS 2020– 2023 (MILLION UNITS)
EXHIBIT 56 NORTH AMERICA ELECTRIC VEHICLE BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 57 INCREMENTAL GROWTH IN NORTH AMERICA 2022 & 2028 ($ BILLION)
EXHIBIT 58 KEY HIGHLIGHTS OF EV MARKET IN US
EXHIBIT 59 US EV BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 60 CANADA EV BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 61 KEY INSIGHTS FOR EV MARKET IN EU
EXHIBIT 62 MOST POPULAR EV COMPANIES IN EUROPE 2022
EXHIBIT 63 EUROPE EV BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 64 INCREMENTAL GROWTH IN EUROPE 2022–2028 ($ BILLION)
EXHIBIT 65 ELECTRIC CARS SALES IN UK 2018–2023 (UNITS)
EXHIBIT 66 UK EV BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 67 ELECTRIC CARS SALES IN GERMANY 2018– 2023 (THOUSAND UNITS)
EXHIBIT 68 TOP EV COMPANIES PRODUCTION IN GERMANY 2022 (% SHARE)
EXHIBIT 69 GERMANY EV BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 70 FRANCE ELECTRIC VEHICLE BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 71 RUSSIA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 72 KEY INSIGHTS OF ITALY EV BATTERY RECYCLING MARKET
EXHIBIT 73 ITALY EV BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 74 KEY INSIGHTS OF SPAIN IN EV BATTERY RECYCLING MARKET
EXHIBIT 75 SPAIN EV BATTERY RECYCLING MARKET 2022-2028 ($ BILLION)
EXHIBIT 76 KEY INSIGHTS OF APAC
EXHIBIT 77 APAC EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 78 INCREMENTAL GROWTH IN APAC 2022 & 2028 ($ BILLION)
EXHIBIT 79 ELECTRIC CARS SALES RATE IN CHINA 2020–2023 (MILLION UNITS)
EXHIBIT 80 CHINA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 81 JAPAN KEY INSIGHTS FOR EV BATTERY RECYCLING MARKET
EXHIBIT 82 JAPAN EV RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 83 SOUTH KOREA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 84 INDIA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 85 AUSTRALIA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 86 LATIN AMERICA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 87 INCREMENTAL GROWTH IN LATIN AMERICA 2022 & 2028 ($ BILLION)
EXHIBIT 88 EV UNIT SALES IN MEXICO IN 2020–2023 (THOUSAND UNITS)
EXHIBIT 89 MEXICO EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 90 BRAZIL ELECTRIC VEHICLE BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 91 EV BATTERY RECYCLING MARKET IN ARGENTINA 2022-2028 ($ BILLION)
EXHIBIT 92 MIDDLE EAST & AFRICA REGION INSIGHTS
EXHIBIT 93 MIDDLE EAST & AFRICA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 94 INCREMENTAL GROWTH IN THE MIDDLE EAST & AFRICA 2022 & 2028 ($ BILLION)
EXHIBIT 95 EV UNIT SALES IN SOUTH AFRICA IN 2020–2023 (UNITS)
EXHIBIT 96 SOUTH AFRICA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 97 SAUDI ARABIA EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 98 UAE EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 99 TURKEY EV BATTERY RECYCLING MARKET 2022–2028 ($ BILLION)
EXHIBIT 100 MARKET VALUES OF MAJOR PLAYERS
EXHIBIT 101 REGION-WISE, UMICORE GLANCE
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2016−2022
TABLE 3 TOP 10 COUNTRIES FOR EV BATTERY PRODUCTION 2022
TABLE 4 GLOBAL LITHIUM PRODUCTION BY MAJOR COUNTRIES 2021
TABLE 5 EXISTING REGULATIONS & ACTION PLANS
TABLE 6 CHANGE IN FUEL PRICES ACROSS KEY COUNTRIES- MARCH-JUNE 2022 (% SHARE)
TABLE 7 GLOBAL EV BATTERY RECYCLING HYDROMETALLURGICAL PROCESS BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 8 GLOBAL EV BATTERY RECYCLING MARKET BY PYROMETALLURGY PROCESS BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 9 GLOBAL EV BATTERY RECYCLING MARKET BY OTHER PROCESS 2022–2028 ($ BILLION)
TABLE 10 GLOBAL LITHIUM-ION ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 11 GLOBAL LEAD ACID EV BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 12 GLOBAL NICKEL-CADMIUM EV BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 13 GLOBAL OTHERS EVS BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 14 GLOBAL COMMERCIAL EV BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 15 GLOBAL PASSENGER EV BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 16 GLOBAL EV BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 17 NORTH AMERICA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY PROCESS TYPE 2022–2028 ($ BILLION)
TABLE 18 NORTH AMERICA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY CHEMISTRY TYPE 2022–2028 ($ BILLION)
TABLE 19 NORTH AMERICA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY END-USER 2022–2028 ($ BILLION)
TABLE 20 EUROPE EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022–2028 ($ BILLION)
TABLE 21 EUROPE EV BATTERY RECYCLING MARKET BY CHEMISTRY 2022–2028 ($ BILLION)
TABLE 22 EUROPE EV BATTERY RECYCLING MARKET BY END-USER 2022–2028 ($ BILLION)
TABLE 23 APAC EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022–2028 ($ BILLION)
TABLE 24 APAC EV BATTERY RECYCLING MARKET BY CHEMISTRY 2022–2028 ($ BILLION)
TABLE 25 APAC EV BATTERY RECYCLING MARKET BY END-USER 2022–2028 ($ BILLION)
TABLE 26 LATIN AMERICA EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022–2028 ($ BILLION)
TABLE 27 LATIN AMERICA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY CHEMISTRY 2022–2028 ($ BILLION)
TABLE 28 LATIN AMERICA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY END-USER 2022–2028 ($ BILLION)
TABLE 29 MEA EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022–2028 ($ BILLION)
TABLE 30 MEA EV BATTERY RECYCLING MARKET BY CHEMISTRY TYPE 2022–2028 ($ BILLION)
TABLE 31 MEA EV BATTERY RECYCLING MARKET BY END-USER 2022–2028 ($ BILLION)
TABLE 32 UMICORE: MAJOR PRODUCT OFFERINGS
TABLE 33 BOSCH: MAJOR PRODUCT OFFERINGS
TABLE 34 ACCUREC-RECYCLING GMBH: MAJOR PRODUCT OFFERINGS
TABLE 35 LI-CYCLE CORP: MAJOR PRODUCT OFFERINGS
TABLE 36 RECYCLICO: MAJOR PRODUCT OFFERINGS
TABLE 37 BATTERY SOLUTION: MAJOR PRODUCT OFFERINGS
TABLE 38 G&P BATTERIES LIMITED: MAJOR PRODUCT OFFERINGS
TABLE 39 SITRASA: MAJOR PRODUCT OFFERINGS
TABLE 40 RETRIEV TECHNOLOGIES: MAJOR PRODUCT OFFERINGS
TABLE 41 SNAM GROUPE: MAJOR PRODUCT OFFERINGS
TABLE 42 TES-AMM: MAJOR PRODUCT OFFERINGS
TABLE 43 FORTUM CORPORATION: MAJOR PRODUCT OFFERINGS
TABLE 44 MTB RECYCLING: MAJOR PRODUCT OFFERINGS
TABLE 45 TATA CHEMICALS LIMITED: MAJOR PRODUCT OFFERINGS
TABLE 46 DUESENFELD: MAJOR PRODUCT OFFERINGS
TABLE 47 GLOBAL EV BATTERY RECYCLING MARKET BY GEOGRAPHY 2022–2028 ($ BILLION)
TABLE 48 GLOBAL EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022−2028 ($ BILLION)
TABLE 49 GLOBAL EV BATTERY RECYCLING MARKET BY CHEMISTRY 2022−2028 ($ BILLION)
TABLE 50 GLOBAL ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY END-USER 2022−2028 ($ BILLION)
TABLE 51 APAC EV BATTERY RECYCLING MARKET BY COUNTRIES 2022–2028 ($ BILLION)
TABLE 52 APAC EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022−2028 (GEOGRAPHY)
TABLE 53 APAC EV BATTERY RECYCLING MARKET BY CHEMISTRY TYPE 2022−2028 ($ BILLION)
TABLE 54 APAC EV BATTERY RECYCLING MARKET BY END-USER 2022−2028 ($ BILLION)
TABLE 55 EUROPE EV BATTERY RECYCLING MARKET BY COUNTRIES 2022–2028 ($ BILLION)
TABLE 56 EUROPE EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022−2028
TABLE 57 EUROPE EV BATTERY RECYCLING MARKET BY CHEMISTRY TYPE 2022−2028 ($ BILLION)
TABLE 58 EUROPE EV BATTERY RECYCLING MARKET BY END-USER 2022−2028 ($ BILLION)
TABLE 59 NORTH AMERICA EV BATTERY RECYCLING MARKET BY COUNTRIES 2022–2028 ($ BILLION)
TABLE 60 NORTH AMERICA EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022−2028 ($ BILLION)
TABLE 61 NORTH AMERICA EV BATTERY RECYCLING MARKET BY CHEMISTRY TYPE 2022−2028 ($ BILLION)
TABLE 62 NORTH AMERICA EV BATTERY RECYCLING MARKET BY END-USER 2022−2028 ($ BILLION)
TABLE 63 LATIN AMERICA EV BATTERY RECYCLING MARKET BY COUNTRIES 2022–2028 ($ BILLION)
TABLE 64 LATIN AMERICA EV BATTERY RECYCLING MARKET BY PROCESS TYPE 2022−2028
TABLE 65 LATIN AMERICA EV BATTERY RECYCLING MARKET BY CHEMISTRY TYPE 2022−2028 ($ BILLION)
TABLE 66 LATIN AMERICA EV BATTERY RECYCLING MARKET BY END-USER 2022−2028 ($ BILLION)
TABLE 67 MEA EV BATTERY RECYCLING MARKET BY COUNTRIES 2022–2028 ($ BILLION)
TABLE 68 MEA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY PROCESS TYPE 2022−2028 (GEOGRAPHY)
TABLE 69 MEA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY CHEMISTRY TYPE 2022−2028 ($ BILLION)
TABLE 70 MEA ELECTRIC VEHICLE BATTERY RECYCLING MARKET BY END-USER 2022−2028 ($ BILLION)
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.2 MARKET SEGMENTATION BY CHEMISTRY
4.3.3 MARKET SEGMENTATION BY PROCESS
4.3.4 MARKET SEGMENTATION BY END-USER
4.3.5 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 OVERVIEW
6.2 TRENDS
6.3 ENABLER
6.4 CONSTRAINS
6.5 CHEMISTRY
6.6 PROCESS TYPE
6.7 END-USERS
6.8 GEOGRAPHY
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 GLOBAL VENDORS KEY INNOVATIONS
8.1.2 DEVELOPMENTS IN EV MARKET
8.1.3 MAJOR DRIVING FACTORS
8.1.4 GROWTH OF LITHIUM-ION BATTERIES
8.1.5 UNREST IN EUROPE
8.1.6 LOOMING GLOBAL RECESSION
8.1.7 REGULATION AND STANDARD FOR EVS
8.2 VALUE CHAIN ANALYSIS
8.2.1 RAW MATERIALS & COMPONENT SUPPLIERS
8.2.2 MANUFACTURERS
8.2.3 DEALERS/DISTRIBUTORS
8.2.4 RETAILERS
8.2.5 END-USERS
9 MARKET OPPORTUNITIES & TRENDS
9.1 GROWING PROMINENCE OF ASIAN MANUFACTURING
9.2 INDUSTRY 4.0 & SMART PRECISION MANUFACTURING
9.3 EXPONENTIAL GROWTH OF BATTERY TECHNOLOGY
10 MARKET GROWTH ENABLERS
10.1 RISING GASOLINE PRICES
10.2 RISING DEMAND FOR ZERO-EMISSION VEHICLES
10.3 IMPLEMENTING POLICIES AND INCENTIVES TO ENCOURAGE THE ADOPTION OF EVS
11 MARKET RESTRAINTS
11.1 FLUCTUATIONS IN RAW MATERIAL PRICING
11.2 END-USER VARIABILITY
11.3 TURBULENT GLOBAL POLITICAL AND TRADE RELATIONS
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 PROCESS TYPE
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 HYDROMETALLURGY
13.3.1 MARKET OVERVIEW
13.3.2 THREE STEPS OF THE HYDROMETALLURGICAL PROCESS:
13.3.3 MARKET SIZE & FORECAST
13.3.4 MARKET BY GEOGRAPHY
13.4 PYROMETALLURGY
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
13.5 OTHER PROCESS
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
13.5.3 MARKET BY GEOGRAPHY
14 CHEMISTRY TYPE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 LITHIUM-ION
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 LEAD ACID
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
14.5 NICKEL
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
14.5.3 MARKET BY GEOGRAPHY
14.6 OTHERS
14.6.1 MARKET OVERVIEW
14.6.2 MARKET SIZE & FORECAST
14.6.3 MARKET BY GEOGRAPHY
15 END-USER
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.2.1 MAJOR FACTORS
15.3 COMMERCIAL VEHICLE
15.3.1 MARKET OVERVIEW
15.3.2 EV BUS REGISTRATIONS
15.3.3 MARKET SIZE & FORECAST
15.3.4 MARKET BY GEOGRAPHY
15.4 PASSENGER VEHICLE
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 MARKET BY GEOGRAPHY
16 GEOGRAPHY
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.1.1 GEOGRAPHIC OVERVIEW
16.1.2 REGIONAL ANALYSIS
17 NORTH AMERICA
17.1 MARKET OVERVIEW
17.2 MARKET SIZE & FORECAST
17.3 PROCESS TYPE
17.3.1 MARKET SIZE & FORECAST
17.4 CHEMISTRY TYPE
17.4.1 MARKET SIZE & FORECAST
17.5 END-USER
17.5.1 MARKET SIZE & FORECAST
17.6 KEY COUNTRIES
17.6.1 US: MARKET SIZE & FORECAST
17.6.2 CANADA: MARKET SIZE & FORECAST
18 EUROPE
18.1 MARKET OVERVIEW
18.2 MARKET SIZE & FORECAST
18.3 PROCESS TYPE
18.3.1 MARKET SIZE & FORECAST
18.4 CHEMISTRY TYPE
18.4.1 MARKET SIZE & FORECAST
18.5 END-USER
18.5.1 MARKET SIZE & FORECAST
18.6 KEY COUNTRIES
18.6.1 UK: MARKET SIZE & FORECAST
18.6.2 GERMANY: MARKET SIZE & FORECAST
18.6.3 FRANCE: MARKET SIZE & FORECAST
18.6.4 RUSSIA: MARKET SIZE & FORECAST
18.6.5 ITALY: MARKET SIZE & FORECAST
18.6.6 SPAIN: MARKET SIZE & FORECAST
19 APAC
19.1 MARKET OVERVIEW
19.2 MARKET SIZE & FORECAST
19.3 PROCESS TYPE
19.3.1 MARKET SIZE & FORECAST
19.4 CHEMISTRY TYPE
19.4.1 MARKET SIZE & FORECAST
19.5 END-USER
19.5.1 MARKET SIZE & FORECAST
19.6 KEY COUNTRIES
19.6.1 CHINA: MARKET SIZE & FORECAST
19.6.2 JAPAN: MARKET SIZE & FORECAST
19.6.3 SOUTH KOREA: MARKET SIZE & FORECAST
19.6.4 INDIA: MARKET SIZE & FORECAST
19.6.5 AUSTRALIA: MARKET SIZE & FORECAST
20 LATIN AMERICA
20.1 MARKET OVERVIEW
20.2 MARKET SIZE & FORECAST
20.3 PROCESS TYPE
20.3.1 MARKET SIZE & FORECAST
20.4 CHEMISTRY TYPE
20.4.1 MARKET SIZE & FORECAST
20.5 END-USER
20.5.1 MARKET SIZE & FORECAST
20.6 KEY COUNTRIES
20.6.1 MEXICO: MARKET SIZE & FORECAST
20.6.2 BRAZIL: MARKET SIZE & FORECAST
20.6.3 ARGENTINA: MARKET SIZE & FORECAST
21 MIDDLE EAST & AFRICA
21.1 MARKET OVERVIEW
21.2 MARKET SIZE & FORECAST
21.3 PROCESS TYPE
21.3.1 MARKET SIZE & FORECAST
21.4 CHEMISTRY TYPE
21.4.1 MARKET SIZE & FORECAST
21.5 END-USER
21.5.1 MARKET SIZE & FORECAST
21.6 KEY COUNTRIES
21.6.1 SOUTH AFRICA: MARKET SIZE & FORECAST
21.6.2 SAUDI ARABIA: MARKET SIZE & FORECAST
21.6.3 UAE: MARKET SIZE & FORECAST
21.6.4 TURKEY: MARKET SIZE & FORECAST
22 COMPETITIVE LANDSCAPE
22.1 COMPETITION OVERVIEW
23 KEY COMPANY PROFILES
23.1 UMICORE
23.1.1 BUSINESS OVERVIEW
23.1.2 PRODUCT OFFERINGS
23.1.3 KEY STRENGTHS
23.1.4 KEY STRATEGIES
23.1.5 KEY OPPORTUNITIES
23.2 BOSCH
23.2.1 BUSINESS OVERVIEW
23.2.2 PRODUCT OFFERINGS
23.2.3 KEY STRENGTHS
23.2.4 KEY STRATEGIES
23.2.5 KEY OPPORTUNITIES
23.3 ACCUREC-RECYCLING
23.3.1 BUSINESS OVERVIEW
23.3.2 PRODUCT OFFERINGS
23.3.3 KEY STRENGTHS
23.3.4 KEY STRATEGIES
23.3.5 KEY OPPORTUNITIES
23.4 LI-CYCLE CORP
23.4.1 BUSINESS OVERVIEW
23.4.2 PRODUCT OFFERINGS
23.4.3 KEY STRENGTHS
23.4.4 KEY STRATEGIES
23.4.5 KEY OPPORTUNITIES
24 OTHER PROMINENT VENDORS
24.1 RECYCLICO
24.1.1 BUSINESS OVERVIEW
24.1.2 PRODUCT OFFERINGS
24.2 BATTERY SOLUTIONS
24.2.1 BUSINESS OVERVIEW
24.2.2 PRODUCT OFFERINGS
24.3 G & P BATTERIES LIMITED
24.3.1 BUSINESS OVERVIEW
24.3.2 PRODUCT OFFERINGS
24.4 SITRASA
24.4.1 BUSINESS OVERVIEW
24.4.2 PRODUCT OFFERINGS
24.5 RETRIEV TECHNOLOGIES
24.5.1 BUSINESS OVERVIEW
24.5.2 PRODUCT OFFERINGS
24.6 SNAM GROUPE (FLORIDIENNE)
24.6.1 BUSINESS OVERVIEW
24.6.2 PRODUCT OFFERINGS
24.7 TES-AMM
24.7.1 BUSINESS OVERVIEW
24.7.2 PRODUCT OFFERINGS
24.8 FORTUM CORPORATION
24.8.1 BUSINESS OVERVIEW
24.8.2 PRODUCT OFFERINGS
24.9 MTB RECYCLING
24.9.1 BUSINESS OVERVIEW
24.9.2 PRODUCT OFFERINGS
24.10 TATA CHEMICALS LIMITED
24.10.1 BUSINESS OVERVIEW
24.10.2 PRODUCT OFFERINGS
24.11 DUESENFELD
24.11.1 BUSINESS OVERVIEW
24.11.2 PRODUCT OFFERINGS
25 REPORT SUMMARY
25.1 KEY TAKEAWAYS
25.2 STRATEGIC RECOMMENDATIONS
26 QUANTITATIVE SUMMARY
26.1 MARKET BY GEOGRAPHY
26.1.1 PROCESS TYPE
26.1.2 CHEMISTRY TYPE
26.1.3 END-USER
26.2 APAC
26.2.1 PROCESS TYPE
26.2.2 CHEMISTRY TYPE
26.2.3 END-USER
26.3 EUROPE
26.3.1 PROCESS TYPE
26.3.2 CHEMISTRY TYPE
26.3.3 END-USER
26.4 NORTH AMERICA
26.4.1 PROCESS TYPE
26.4.2 CHEMISTRY
26.4.3 END-USER
26.5 LATIN AMERICA
26.5.1 PROCESS TYPE
26.5.2 CHEMISTRY TYPE
26.5.3 END-USER
26.6 MIDDLE EAST & AFRICA
26.6.1 PROCESS TYPE
26.6.2 CHEMISTRY TYPE
26.6.3 END-USER
27 APPENDIX
27.1 ABBREVIATIONS
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