Global electric vehicle battery reuse and recycling market will reach $25.02 billion by 2032, growing by 43.6% annually over 2022-2032, driven by the need to reduce battery waste, costly battery disposal, the rising demand for urban vehicles, and a focus on sustainable transportation.
Highlighted with 121 tables and 85 figures, this 189-page report "Global Electric Vehicle Battery Reuse and Recycling Market 2022-2032 by Category (Reuse, Recycling), Battery Type (Lithium-ion, Nickel-metal, Lead-acid, Others), EV Type (BEV, HEV, PHEV, FCEV), Vehicle (Passenger, Commercial), End Use (Cars, Buses, Energy Storage Systems, Others), and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global electric vehicle battery reuse and recycling market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global electric vehicle battery reuse and recycling market in every aspect of the classification from perspectives of Category, Battery Type, EV Type, Vehicle, End Use, and Region.
Based on Category, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Reuse of EV Batteries
• Recycling of EV Batteries
o Hydro-metallurgical Process
o Pyro-metallurgical Process
o Other Processes
Based on Battery Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Lithium-ion Batteries
o Lithium Ferro Phosphate (LFP) Battery
o Lithium-ion Manganese Oxide (LMO)
o Lithium-nickel-cobalt-aluminum Oxide (NCA)
o Lithium-nickel-manganese-cobalt Oxide (NMC)
o Lithium-titanate Oxide (LTO)
• Nickel-metal Hydride Batteries
• Lead-acid Batteries
• Other Battery Types
By EV Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)
By Vehicle, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Passenger EVs
• Commercial Evs
By End Use, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Electric Cars
• Electric Buses
• Energy Storage Systems
• Other End Uses
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Category, Battery Type, and End Use over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ACCUREC Recycling GmbH
American Manganese Inc.
Battery Solutions
Bayerische Motoren Werke (BMW) AG
China Aviation Lithium Battery Company Limited
G & P Service
LI-CYCLE CORP.
Nissan Motor Co. Ltd.
Recupyl
Retriev Technologies
SITRASA
SNAM S.A.S. (FLORIDIENNE)
Tesla Inc.
Toshiba Corporation
Umicore
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter's Fiver Forces Analysis 42
3 Segmentation of Global Market by Category 46
3.1 Market Overview by Category 46
3.2 Reuse of EV Batteries 48
3.3 Recycling of EV Batteries 49
3.3.1 Hydro-metallurgical Process 50
3.3.2 Pyro-metallurgical Process 51
3.3.3 Other Processes 52
4 Segmentation of Global Market by Battery Type 53
4.1 Market Overview by Battery Type 53
4.2 Lithium-ion Batteries 55
4.2.1 Lithium Ferro Phosphate (LFP) Battery 57
4.2.2 Lithium-ion Manganese Oxide (LMO) 58
4.2.3 Lithium-nickel-cobalt-aluminum Oxide (NCA) 59
4.2.4 Lithium-nickel-manganese-cobalt Oxide (NMC) 60
4.2.5 Lithium-titanate Oxide (LTO) 61
4.3 Nickel-metal Hydride Batteries 62
4.4 Lead-acid Batteries 63
4.5 Other Battery Types 64
5 Segmentation of Global Market by EV Type 65
5.1 Market Overview by EV Type 65
5.2 Battery Electric Vehicle (BEV) 67
5.3 Hybrid Electric Vehicle (HEV) 68
5.4 Plug-in Hybrid Electric Vehicle (PHEV) 69
5.5 Fuel Cell Electric Vehicle (FCEV) 70
6 Segmentation of Global Market by Vehicle 71
6.1 Market Overview by Vehicle 71
6.2 Passenger EVs 73
6.3 Commercial EVs 74
7 Segmentation of Global Market by End Use 75
7.1 Market Overview by End Use 75
7.2 Electric Cars 77
7.3 Electric Buses 78
7.4 Energy Storage Systems 79
7.5 Other End Uses 80
8 Segmentation of Global Market by Region 81
8.1 Geographic Market Overview 2022-2032 81
8.2 North America Market 2022-2032 by Country 85
8.2.1 Overview of North America Market 85
8.2.2 U.S. 89
8.2.3 Canada 92
8.2.4 Mexico 94
8.3 European Market 2022-2032 by Country 96
8.3.1 Overview of European Market 96
8.3.2 Germany 100
8.3.3 U.K. 102
8.3.4 France 104
8.3.5 Spain 106
8.3.6 Italy 108
8.3.7 Russia 110
8.3.8 Rest of European Market 112
8.4 Asia-Pacific Market 2022-2032 by Country 114
8.4.1 Overview of Asia-Pacific Market 114
8.4.2 Japan 118
8.4.3 China 121
8.4.4 Australia 123
8.4.5 India 125
8.4.6 South Korea 127
8.4.7 Rest of APAC Region 129
8.5 South America Market 2022-2032 by Country 131
8.5.1 Argentina 134
8.5.2 Brazil 136
8.5.3 Chile 138
8.5.4 Rest of South America Market 140
8.6 MEA Market 2022-2032 by Country 141
8.6.1 UAE 144
8.6.2 Saudi Arabia 146
8.6.3 South Africa 148
8.6.4 Other National Markets 150
9 Competitive Landscape 151
9.1 Overview of Key Vendors 151
9.2 New Product Launch, Partnership, Investment, and M&A 154
9.3 Company Profiles 155
ACCUREC Recycling GmbH 155
American Manganese Inc. 157
Battery Solutions 159
Bayerische Motoren Werke (BMW) AG 161
China Aviation Lithium Battery Company Limited 166
G & P Service 167
LI-CYCLE CORP. 169
Nissan Motor Co. Ltd. 171
Recupyl 173
Retriev Technologies 175
SITRASA 177
SNAM S.A.S. (FLORIDIENNE) 179
Tesla Inc. 181
Toshiba Corporation 184
Umicore 186
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