世界の電気自動車用バッテリーのリユースとリサイクル市場

Global Electric Vehicle Battery Reuse and Recycling Market

世界の電気自動車用バッテリーのリユースとリサイクル市場

商品番号 : SMB-69731

出版社BCC Research
出版年月2024年11月
ページ数133
価格タイプシングルユーザライセンス
価格USD 4,650
種別英文調査報告書

Report Highlights

The global market for electric vehicle battery reuse and recycling is expected to grow from $8.0 billion in 2024 and is projected to reach $28.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% during the forecast period of 2024 to 2029.

電気自動車バッテリーの再利用およびリサイクルの世界市場は、2024 年の 80 億ドルから成長し、2029 年末までに 281 億ドルに達すると予測されています。2024 年から 2029 年の予測期間中、年平均成長率 (CAGR) は 28.5% となります。

Summary:

EV battery recycling is gaining momentum due to the growing use of LIBs, which are installed in EVs. Advances in LIB technology, like improving battery capacity and energy density, will be essential to meet consumer demand as battery applications move toward large power requirements at lower costs. These advances are expected to improve the LIB systems, which offer many opportunities in electric mobility and will fuel the growth of the EV battery reuse and recycling market.

Market Dynamics and Growth Factors

The rising global adoption of EVs has considerably increased the demand for LIBs. This surge has increased the quantity of end-of-life (EOL) batteries, which require appropriate reuse and recycling techniques. The EV battery reuse and recycling market is highly dependent on the sales of EVs. For example, global sales of electric cars reached 14 million in 2023 and is projected to surpass 17 million in 2024 according to the IEA report (International Energy Agency, Global EV Outlook 2024)1. With the rise in sales, there will be growth in battery recycling.

Governments worldwide are enacting strict regulations and policies to reduce the environmental impact of battery disposal as they seek to manage battery waste responsibly. For instance, the EU’s Battery Directive requires recycling used batteries and establishes targets for recovering valuable minerals such as lithium, cobalt, and nickel. Such restrictions encourage manufacturers and consumers to embrace recycling techniques, which is driving the EV battery reuse and recycling market. Concerns regarding the safety of EV batteries during transportation and storage make it challenging to execute recycling programs, and this is slowing the growth of the EV battery reuse and recycling market.

Future Trends and Development

Recycling technologies are being developed to increase battery recycling effectiveness. For example, in 2023, Swedish researchers developed a technique that recovers 100% of the aluminum and 98% of the lithium from EV batteries using an environmentally friendly solvent, oxalic acid. This technology reduces material loss while avoiding the toxic chemicals commonly used in recycling. The transition to a circular economy is pushing advances in battery design for ecyclability. Manufacturers are under increasing pressure to build readily disassembled batteries containing recycled elements, which ensures sustainability throughout the product’s lifecycle.

Segmental Analysis

LIBs dominate the global EV battery reuse and recycling market due to their valuable materials and the growing demand for clean energy technologies. In terms of process, hydrometallurgy leads the market due to the high recovery rate of pure metals and its low energy consumption. By EV type, BEV leads the market as these batteries are more fuel-efficient and offer a greater electric range than hybrids, making them suitable for longer trips. By source, the passenger-car segment dominated the EV battery reuse and recycling market due to the increasing number of electric cars globally.

Report Synopsis

Report MetricsDetails
Base year considered2023
Forecast period considered2024-2029
Base year market size$6.6 billion
Market size forecast$28.1 billion
Growth rateCAGR of 28.5% for the forecast period of 2024-2029
Units considered$ Millions
Segments coveredBattery Type, EV Type, Process, Source, and Region
Regions coveredNorth America, Europe, Asia-Pacific, and Rest of the World
Countries coveredU.S., Canada, Mexico, Germany, France, U.K., Norway, China, South Korea, India, Japan, and South America
Key Market Drivers
  • The global sales of electric cars are on the rise.
  • Falling battery costs are facilitating the global adoption of EVs.
  • Demand for recycled materials and products is growing.
  • Support from automobile manufacturers is increasing.
Companies studied
ACCUREC-RECYCLING GMBHBATX ENERGIES
CALL2RECYCLE INC.CIRBA SOLUTIONS
ECOBATERAMET
FORTUMGEM CO. LTD.
GLENCOREGUANGDONG BRUNP RECYCLING TECHNOLOGY CO. LTD.
LI-CYCLE CORP.NEOMETALS LTD.
RECYCLICO BATTERY MATERIALS INC.REDWOOD MATERIALS INC.
UMICORE

Report Scope:

This report includes an analysis of the different battery types in the global EV battery reuse and recycling market, including lithium-ion batteries (LIBS), nickel-metal hydride batteries (NiMH), and lead-acid batteries (LABs). Different processes are used to recycle EV batteries, including pyrometallurgy, hydrometallurgy, and others (mechanical and direct processes). The report also examines different EV types within the industry, such as BEV (battery electric vehicles), HEV (hybrid electric vehicle), and PHEV (plug-in hybrid electric vehicle). This study also segments the market by source for the global EV battery reuse and recycling market, including passenger cars, commercial vehicles, and two-wheelers and three-wheelers. In our scope, fuel cell electric vehicles (FCEV) are not considered as they are still in the emerging phase, and batteries used in these vehicles may take more than eight years to come to their end-of-life.

Additionally, the report includes emerging technologies and developments, upcoming trends, the competitive landscape, and market dynamics. The analyst has also included a patent analysis for the EV battery reuse and recycling market. The report includes an ESG development chapter and the impact of the Russia-Ukraine war on the market. The report also includes a regional analysis of the markets in North America, Europe, Asia-Pacific, and the Rest of the World (South America, the Middle East, and Africa). It concludes by providing detailed company profiles for the top players in the global market.

In this report, 2023 is considered as the base year, 2024 is the estimate year, and market values are forecasted for five years through 2029.

Report Includes:

– 48 data tables and 51 additional tables

– An analysis of the global electric vehicle battery reuse and recycling market

– Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2025, 2028, and projected CAGRs through 2029

– Estimates of the size and revenue prospects of the global market, along with a market share analysis by battery type, recycling process, EV type, and region

– An evaluation of the market dynamics, technological advances, regulations, prospects, and the impact of macroeconomic variables

– A look at the recent patent grants

– Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, ESG score analysis, and the ESG practices of leading companies

– A chapter on competitive intelligence, including companies’ market shares, strategic alliances, M&A activity and a venture funding outlook

– Profiles of the market leaders, including Guangdong Brunp Recycling Technology Co. Ltd., GEM Co. Ltd., Umicore, Glencore, and Li-Cycle Corp.

Table of Contents

Chapter 1 Executive Summary

Market Outlook

Scope of Report

Market Summary

Market Dynamics and Growth Factors

Future Trends and Development

Segmental Analysis

Regional Insights and Emerging Markets

Conclusion

Chapter 2 Market Overview

Current Market Overview and Future Scenario

Supply Chain Analysis

Raw Materials Mining

Battery Cell Manufacturing and Battery Pack Assembling

EV Components Assembling

EV Manufacturing

EV Battery Charging/Service

Battery Recycling and Disposal

Porter’s Five Forces Analysis

Bargaining Power of Buyers

Bargaining Power of Suppliers

Potential for New Entrants to the Market

Competition in the Industry

Threat of Substitutes

Impact of the Russia-Ukraine War on the Global Market

Regulatory Framework and Initiatives by Governments

The EU

U.S.

China

India

Case Study

Redwood Materials Inc.

Umicore

Chapter 3 Market Dynamics

Overview

Market Drivers

The Global Sales of Electric Cars are on the Rise

Falling Battery Costs are Facilitating the Global Adoption of EVs

Demand for Recycled Materials and Products

Market Restraints

Inadequate Electric Vehicle Charging Infrastructure in Developing Countries

Safety Concerns about the Transportation and Storage of Used Batteries

Market Opportunities

Government Support for Transportation Electrification and Battery Recycling

Support from Automobile Manufacturers

Market Trends

Ongoing Research to Improve Recycling Efficiency

Growing Demand for Energy Storage Applications Using Repurposed Batteries

Chapter 4 Emerging Technologies and Developments

Overview

Key Emerging Technologies for EV Battery Reuse and Recycling

Implementing Artificial Intelligence and Machine Learning

Nanotechnology

3D Printing

Patent Analysis

Overview

Key Patents

Key Findings

Chapter 5 Market Segmentation Analysis

Segmentation Breakdown

Global Market by Battery Type

Lithium-ion

Lead-acid

Nickel Metal Hydride

Global Market by Propulsion Type

Battery Electric Vehicles (BEV)

Plug-in Hybrid Electric Vehicles (PHEV)

Hybrid Electric Vehicles (HEV)

Global Market by Source

Passenger Cars

Two-Wheelers and Three-Wheelers

Commercial Vehicles

Global Market by Process

Hydrometallurgy

Pyrometallurgy

Others

Geographic Breakdown

Market Breakdown by Region

North America

Europe

Asia-Pacific

Rest of the World

Chapter 6 Competitive Landscape

Overview

Market Ranking

Guangdong Brunp Recycling Technology Co. Ltd.

GEM Co. Ltd.

Umicore

Glencore

Li-Cycle Corp.

Key Developments

Chapter 7 Sustainability in the Electric Vehicle Battery Reuse and Recycling Market: An ESG Perspective

Overview

Environmental Impact

Social Impact

Governance Impact

Current Status of ESG in the Market

Consumer Attitudes Towards ESG in the Market

Case Study: Examples of Successful ESG Implementation

Eramet

Fortum

Glencore

Concluding Remarks from BCC Research

Chapter 8 Appendix

Methodology

Research Steps

References

Abbreviations

Company Profiles

ACCUREC-RECYCLING GMBH

BATX ENERGIES

CALL2RECYCLE INC.

CIRBA SOLUTIONS

ECOBAT

ERAMET

FORTUM

GEM CO. LTD.

GLENCORE

GUANGDONG BRUNP RECYCLING TECHNOLOGY CO. LTD.

LI-CYCLE CORP.

NEOMETALS LTD.

RECYCLICO BATTERY MATERIALS INC.

REDWOOD MATERIALS INC.

UMICORE

Small Players in the Global EV Battery Reuse and Recycling Market

List of Tables

Summary Table : Global Electric Vehicle Battery Reuse and Recycling Market, by Region, Through 2029

Table 1 : Main Raw Material Producing Countries

Table 2 : Granted Patent Count for EV Battery Reuse and Recycling, 2022-2024

Table 3 : Globally Published Patents for EV Battery Reuse and Recycling, 2023 and 2024

Table 4 : Global Electric Vehicle Battery Reuse and Recycling Market, by Battery Type, Through 2029

Table 5 : Global Electric Vehicle Battery Reuse and Recycling Market for Lithium-ion, by Region, Through 2029

Table 6 : Global Electric Vehicle Battery Reuse and Recycling Market for Lead-acid, by Region, Through 2029

Table 7 : Global Electric Vehicle Battery Reuse and Recycling Market for Nickel Metal Hydride, by Region, Through 2029

Table 8 : Global Electric Vehicle Battery Reuse and Recycling Market, by Propulsion Type, Through 2029

Table 9 : Global Electric Vehicle Battery Reuse and Recycling Market for BEVs, by Region, Through 2029

Table 10 : Global Electric Vehicle Battery Reuse and Recycling Market for PHEVs, by Region, Through 2029

Table 11 : Global Electric Vehicle Battery Reuse and Recycling Market for HEVs, by Region, Through 2029

Table 12 : Global Electric Vehicle Battery Reuse and Recycling Market, by Vehicle Type, Through 2029

Table 13 : Global Electric Vehicle Battery Reuse and Recycling Market for Passenger Cars, by Region, Through 2029

Table 14 : Global Electric Vehicle Battery Reuse and Recycling Market for Two-Wheelers and Three-Wheelers, by Region, Through 2029

Table 15 : Global Electric Vehicle Battery Reuse and Recycling Market for Commercial Vehicles, by Region, Through 2029

Table 16 : Global Electric Vehicle Battery Reuse and Recycling Market, by Process, Through 2029

Table 17 : Global Electric Vehicle Battery Reuse and Recycling Market for Lithium-ion, by Region, Through 2029

Table 18 : Global Electric Vehicle Battery Reuse and Recycling Market for Lead-acid, by Region, Through 2029

Table 19 : Global Electric Vehicle Battery Reuse and Recycling Market for Nickel Metal Hydride, by Region, Through 2029

Table 20 : Global Electric Vehicle Battery Reuse and Recycling Market, by Region, Through 2029

Table 21 : North American Electric Vehicle Battery Reuse and Recycling Market, by Battery Type, Through 2029

Table 22 : North American Electric Vehicle Battery Reuse and Recycling Market, by Process, Through 2029

Table 23 : North American Electric Vehicle Battery Reuse and Recycling Market, by EV Type, Through 2029

Table 24 : North American Electric Vehicle Battery Reuse and Recycling Market, by Source, Through 2029

Table 25 : North American Electric Vehicle Battery Reuse and Recycling Market, by Country, Through 2029

Table 26 : European Electric Vehicle Battery Reuse and Recycling Market, by Battery Type, Through 2029

Table 27 : European Electric Vehicle Battery Reuse and Recycling Market, by Process, Through 2029

Table 28 : European Electric Vehicle Battery Reuse and Recycling Market, by EV Type, Through 2029

Table 29 : European Electric Vehicle Battery Reuse and Recycling Market, by Source, Through 2029

Table 30 : European Electric Vehicle Battery Reuse and Recycling Market, by Country, Through 2029

Table 31 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market, by Battery Type, Through 2029

Table 32 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market, by Process, Through 2029

Table 33 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market, by EV Type, Through 2029

Table 34 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market, by Source, Through 2029

Table 35 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market, by Country, Through 2029

Table 36 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market, by Battery Type, Through 2029

Table 37 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market, by Process, Through 2029

Table 38 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market, by EV Type, Through 2029

Table 39 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market, by Source, Through 2029

Table 40 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market, by Sub-Region, Through 2029

Table 41 : Top Companies Ranking in the Global EV Battery Reuse and Recycling Market

Table 42 : Planned Investments in the Global Electric Vehicle Battery Reuse and Recycling Market, by Company, 2023

Table 43 : Product/Service Mapping in Global Electric Vehicle Battery Reuse and Recycling Market

Table 44 : Agreements/Partnerships in Global Electric Vehicle Battery Reuse and Recycling Market, 2023–2024

Table 45 : Expansions in the Global Electric Vehicle Battery Reuse and Recycling Market, by Company, 2022 and 2023

Table 46 : ESG Risk Rating Metric, by Company, 2023

Table 47 : Abbreviations Used in the Report

Table 48 : Accurec-Recycling Gmbh: Company Snapshot

Table 49 : Accurec-Recycling Gmbh: Product Portfolio

Table 50 : Accurec-Recycling Gmbh: News/Key Developments, 2022

Table 51 : BatX Energies: Company Snapshot

Table 52 : BatX Energies: Product Portfolio

Table 53 : BatX Energies: News/Key Developments, 2023

Table 54 : Call2Recycle Inc.: Company Snapshot

Table 55 : Call2Recycle Inc.: Financial Performance, FY 2022 and FY 2023

Table 56 : Call2Recycle Inc.: Product Portfolio

Table 57 : Call2Recycle Inc.: News/Key Developments, 2023 and 2024

Table 58 : Cirba Solutions: Company Snapshot

Table 59 : Cirba Solutions: Product Portfolio

Table 60 : Cirba Solutions: News/Key Developments, 2023 and 2024

Table 61 : Ecobat: Company Snapshot

Table 62 : Ecobat: Product Portfolio

Table 63 : Ecobat: News/Key Developments, 2024

Table 64 : Eramet: Company Snapshot

Table 65 : Eramet: Financial Performance, FY 2022 and FY 2023

Table 66 : Eramet: Product Portfolio

Table 67 : Eramet: News/Key Developments, 2023 and 2024

Table 68 : Fortum: Company Snapshot

Table 69 : Fortum: Financial Performance, FY 2022 and FY 2023

Table 70 : Fortum: Product Portfolio

Table 71 : Fortum: News/Key Developments, 2024

Table 72 : GEM Co. Ltd.: Company Snapshot

Table 73 : GEM Co. Ltd.: Financial Performance, FY 2022 and FY 2023

Table 74 : GEM Co. Ltd.: Product Portfolio

Table 75 : Glencore: Company Snapshot

Table 76 : Glencore: Financial Performance, FY 2022 and FY 2023

Table 77 : Glencore: Product Portfolio

Table 78 : Glencore: News/Key Developments, 2023

Table 79 : Guangdong Brunp Recycling Technology Co. Ltd.: Company Snapshot

Table 80 : Guangdong Brunp Recycling Technology Co. Ltd.: Product Portfolio

Table 81 : Li-Cycle Corp.: Company Snapshot

Table 82 : Li-Cycle Corp.: Financial Performance, FY 2022 and FY 2023

Table 83 : Li-Cycle Corp.: Product Portfolio

Table 84 : Li-Cycle Corp.: News/Key Developments, 2023 and 2024

Table 85 : Neometals Ltd.: Company Snapshot

Table 86 : Neometals Ltd.: Financial Performance, FY 2022 and FY 2023

Table 87 : Neometals Ltd.: Product Portfolio

Table 88 : RecycLiCo Battery Materials Inc.: Company Snapshot

Table 89 : RecycLiCo Battery Materials Inc.: Financial Performance, FY 2022 and FY 2023

Table 90 : RecycLiCo Battery Materials Inc.: Product Portfolio

Table 91 : Redwood Materials Inc.: Company Snapshot

Table 92 : Redwood Materials Inc.: Product Portfolio

Table 93 : Redwood Materials Inc.: News/Key Developments, 2024

Table 94 : Umicore: Company Snapshot

Table 95 : Umicore: Financial Performance, FY 2022 and FY 2023

Table 96 : Umicore: Product Portfolio

Table 97 : Umicore: News/Key Developments, 2023 and 2024

Table 98 : Small Players in the Global EV Battery Reuse and Recycling Market

List of Figures

Summary Figure : Global Electric Vehicle Battery Reuse and Recycling Market Share, by Region, 2023

Figure 1 : Supply Chain for the Global Electric Vehicle Battery Reuse and Recycling Market

Figure 2 : Market Dynamics of Global Electric Vehicle Battery Reuse and Recycling

Figure 3 : Global Electric Car Sales, 2020–2023

Figure 4 : Lithium-ion Battery Price Chart, 2020–2023

Figure 5 : Patent Share of EV Battery Reuse and Recycling, by Applicant, 2023

Figure 6 : Global Electric Vehicle Battery Reuse and Recycling Market Share, by Battery Type, 2023

Figure 7 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Lithium-ion, by Region, 2023

Figure 8 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Lead-acid, by Region, 2023

Figure 9 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Nickel Metal Hydride, by Region, 2023

Figure 10 : Global Electric Vehicle Battery Reuse and Recycling Market Share, by Propulsion Type, 2023

Figure 11 : Global Electric Vehicle Battery Reuse and Recycling Market Share for BEVs, by Region, 2023

Figure 12 : Global Electric Vehicle Battery Reuse and Recycling Market Share for PHEVs, by Region, 2023

Figure 13 : Global Electric Vehicle Battery Reuse and Recycling Market Share for HEVs, by Region, 2023

Figure 14 : Global Electric Vehicle Battery Reuse and Recycling Market Share, by Vehicle Type, 2023

Figure 15 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Passenger Cars, by Region, 2023

Figure 16 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Two-Wheelers and Three-Wheelers, by Region, 2023

Figure 17 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Commercial Vehicles, by Region, 2023

Figure 18 : Global Electric Vehicle Battery Reuse and Recycling Market Share, by Power Source, 2023

Figure 19 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Lithium-ion, by Region, 2023

Figure 20 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Lead-acid, by Region, 2023

Figure 21 : Global Electric Vehicle Battery Reuse and Recycling Market Share for Nickel Metal Hydride, by Region, 2023

Figure 22 : Global Electric Vehicle Battery Reuse and Recycling Market Share, by Region, 2023

Figure 23 : North American Electric Vehicle Battery Reuse and Recycling Market Share, by Battery Type, 2023

Figure 24 : North American Electric Vehicle Battery Reuse and Recycling Market Share, by Process, 2023

Figure 25 : North American Electric Vehicle Battery Reuse and Recycling Market Share, by EV Type, 2023

Figure 26 : North American Electric Vehicle Battery Reuse and Recycling Market Share, by Source, 2023

Figure 27 : North American Electric Vehicle Battery Reuse and Recycling Market Share, by Country, 2023

Figure 28 : European Electric Vehicle Battery Reuse and Recycling Market Share, by Battery Type, 2023

Figure 29 : European Electric Vehicle Battery Reuse and Recycling Market Share, by Process, 2023

Figure 30 : European Electric Vehicle Battery Reuse and Recycling Market Share, by EV Type, 2023

Figure 31 : European Electric Vehicle Battery Reuse and Recycling Market Share, by Source, 2023

Figure 32 : European Electric Vehicle Battery Reuse and Recycling Market Share, by Country, 2023

Figure 33 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market Share, by Battery Type, 2023

Figure 34 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market Share, by Process, 2023

Figure 35 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market Share, by EV Type, 2023

Figure 36 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market Share, by Source, 2023

Figure 37 : Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market Share, by Country, 2023

Figure 38 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market Share, by Battery Type, 2023

Figure 39 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market Share, by Process, 2023

Figure 40 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market Share, by EV Type, 2023

Figure 41 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market Share, by Source, 2023

Figure 42 : Rest of the World Electric Vehicle Battery Reuse and Recycling Market Share, by Sub-Region, 2023

Figure 43 : Research Steps for the Global EV Battery Reuse and Recycling Market

Figure 44 : Eramet: Revenue Shares, by Business Unit, FY 2023

Figure 45 : Eramet: Revenue Shares, by Region, FY 2023

Figure 46 : Fortum: Revenue Shares, by Business Unit, FY 2023

Figure 47 : Fortum: Revenue Shares, by Region, FY 2023

Figure 48 : GEM Co. Ltd.: Revenue Shares, by Business Unit, FY 2023

Figure 49 : GEM Co. Ltd.: Revenue Shares, by Region, FY 2023

Figure 50 : Glencore: Revenue Shares, by Business Unit, FY 2023

Figure 51 : Glencore: Revenue Shares, by Region, FY 2023

Figure 52 : Li-Cycle Corp.: Revenue Shares, by Business Unit, FY 2023

Figure 53 : Li-Cycle Corp.: Revenue Shares, by Region, FY 2023

Figure 54 : Umicore: Revenue Shares, by Business Unit, FY 2023