North America electric vehicle battery reuse and recycling market is projected to grow by 41.6% annually in the forecast period and reach $4.97 billion by 2032, driven by the need to reduce battery waste, costly battery disposal, the rising demand for urban vehicles, and a focus on sustainable transportation.
Highlighted with 62 tables and 49 figures, this 127-page report "North America Electric Vehicle Battery Reuse and Recycling Market 2022-2032 by Category (Reuse, Recycling), Battery Type (Lithium-ion, Nickel-metal, Lead-acid, Others), EV Type (BEV, HEV, PHEV, FCEV), Vehicle (Passenger, Commercial), End Use (Cars, Buses, Energy Storage Systems, Others), and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire North America electric vehicle battery reuse and recycling market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America electric vehicle battery reuse and recycling market in every aspect of the classification from perspectives of Category, Battery Type, EV Type, Vehicle, End Use, and Country.
Based on Category, the North America market is segmented into the following sub-markets with annual revenue ($ 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 North America 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 North America 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 North America 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 North America 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 national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets 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 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter's Fiver Forces Analysis 40
3 Segmentation of North America Market by Category 44
3.1 Market Overview by Category 44
3.2 Reuse of EV Batteries 46
3.3 Recycling of EV Batteries 47
3.3.1 Hydro-metallurgical Process 48
3.3.2 Pyro-metallurgical Process 49
3.3.3 Other Processes 50
4 Segmentation of North America Market by Battery Type 51
4.1 Market Overview by Battery Type 51
4.2 Lithium-ion Batteries 53
4.2.1 Lithium Ferro Phosphate (LFP) Battery 55
4.2.2 Lithium-ion Manganese Oxide (LMO) 56
4.2.3 Lithium-nickel-cobalt-aluminum Oxide (NCA) 57
4.2.4 Lithium-nickel-manganese-cobalt Oxide (NMC) 58
4.2.5 Lithium-titanate Oxide (LTO) 59
4.3 Nickel-metal Hydride Batteries 60
4.4 Lead-acid Batteries 61
4.5 Other Battery Types 62
5 Segmentation of North America Market by EV Type 63
5.1 Market Overview by EV Type 63
5.2 Battery Electric Vehicle (BEV) 65
5.3 Hybrid Electric Vehicle (HEV) 66
5.4 Plug-in Hybrid Electric Vehicle (PHEV) 67
5.5 Fuel Cell Electric Vehicle (FCEV) 68
6 Segmentation of North America Market by Vehicle 69
6.1 Market Overview by Vehicle 69
6.2 Passenger EVs 71
6.3 Commercial EVs 72
7 Segmentation of North America Market by End Use 73
7.1 Market Overview by End Use 73
7.2 Electric Cars 75
7.3 Electric Buses 76
7.4 Energy Storage Systems 77
7.5 Other End Uses 78
8 North America Market 2022-2032 by Country 79
8.1 Overview of North America Market 79
8.2 U.S. 82
8.3 Canada 85
8.4 Mexico 87
9 Competitive Landscape 89
9.1 Overview of Key Vendors 89
9.2 New Product Launch, Partnership, Investment, and M&A 92
9.3 Company Profiles 93
ACCUREC Recycling GmbH 93
American Manganese Inc. 95
Battery Solutions 97
Bayerische Motoren Werke (BMW) AG 99
China Aviation Lithium Battery Company Limited 104
G & P Service 105
LI-CYCLE CORP. 107
Nissan Motor Co. Ltd. 109
Recupyl 111
Retriev Technologies 113
SITRASA 115
SNAM S.A.S. (FLORIDIENNE) 117
Tesla Inc. 119
Toshiba Corporation 122
Umicore 124
RELATED REPORTS 127
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