세계의 배터리 재활용 시장 예측(-2030년) : 배터리 화학, 공급원, 재활용 공정, 최종 사용자 및 지역별 분석

According to Stratistics MRC, the Global Battery Recycling Market is accounted for $30.26 billion in 2024 and is expected to reach $61.35 billion by 2030 growing at a CAGR of 12.5% during the forecast period. Battery recycling is the process of collecting, sorting, and processing used batteries to recover valuable materials such as lithium, cobalt, nickel, and lead, which can be reused in new products. The recycling process typically involves disassembling batteries, separating hazardous and non-hazardous components, and employing mechanical and chemical methods to extract reusable materials. This practice helps reduce the environmental impact of battery disposal by minimizing toxic waste in landfills, conserving natural resources, and lowering the demand for mining raw materials.

Market Dynamics:

Driver:

Innovations in recycling technologies

Innovations in recycling technologies significantly impact the market by improving efficiency and recovery rates. Advanced techniques, such as hydrometallurgical and direct recycling methods, enhance the extraction of valuable materials and reduce environmental impacts. They also enable the handling of complex battery chemistries and higher volumes of waste, contributing to a more sustainable and circular economy while supporting regulatory compliance and resource conservation. Thus, it boosts the growth of the market.

Restraint:

Inadequate recycling infrastructure

Inadequate recycling infrastructure hampers the effectiveness of battery recycling by limiting collection, processing, and repurposing capabilities. This insufficiency leads to higher levels of battery waste, increased environmental pollution, and greater reliance on raw materials. It stifles technological advancements and reduces economic benefits associated with recycling. Thus, it hampers the growth of the market.

Opportunity:

Rising Battery Demand

Rising battery demand, driven by the growth of electric vehicles, renewable energy storage, and portable electronics, significantly impacts the market. Increased battery use leads to higher volumes of end-of-life batteries, which boosts the demand for effective recycling solutions. This surge necessitates advancements in recycling technologies and expanded infrastructure to manage waste and recover valuable materials. Consequently, it drives innovation in the recycling sector, supports regulatory compliance, and promotes sustainable practices, thus it drives the growth of the market.

Threat:

Complexity of Battery Composition

The complexity of battery composition-due to diverse materials like lithium, cobalt, and nickel poses challenges in the recycling process. Different battery types require specific handling and processing techniques, complicating recycling operations and increasing costs. Additionally, improper handling of complex batteries can result in hazardous waste and environmental contamination, thus it hinders the growth of the market.

Covid-19 Impact:

COVID-19 impacted the battery recycling market by disrupting supply chains and slowing down recycling operations due to lockdowns and social distancing measures. Reduced collection rates and processing delays affected recycling efficiency and increased the accumulation of battery waste.

The lead acid batteries segment is expected to be the largest during the forecast period

The lead acid batteries segment is expected to be the largest during the forecast period because their high recycling rates, often exceeding 95%, reduce lead and sulphuric acid pollution, minimizing environmental hazards. Efficient recycling processes reclaim valuable materials, such as lead, which can be reused in new batteries, promoting resource conservation. This contributes to sustainable practices and lowers production costs.

The hydrometallurgical segment is expected to have the highest CAGR during the forecast period

The hydrometallurgical segment is expected to have the highest CAGR during the forecast period because using aqueous solutions to extract valuable metals from spent batteries, these techniques reduce the need for energy-intensive smelting processes, minimizing carbon emissions and energy consumption. They improve the recovery rates of critical materials like lithium, cobalt, and nickel, making recycling more economically viable and sustainable. Additionally, hydrometallurgy helps in reducing hazardous waste and pollution, contributing to a cleaner and more sustainable recycling process.

Region with largest share:

North America is projected to hold the largest market share during the forecast period because it drives technological advancements and infrastructure development, and supporting economic growth. Additionally, it aids in meeting regulatory requirements and fosters a circular economy by enhancing energy storage solutions. Overall, battery recycling contributes to environmental sustainability, efficient resource management, and reduced ecological impact, benefiting both the environment and the economy.

Region with highest CAGR:

Asia Pacific is projected to witness the highest CAGR over the forecast period because it mitigates the environmental impact of battery disposal by reducing hazardous waste and conserving valuable materials. This market supports the development of advanced recycling technologies, creating economic opportunities and jobs while enhancing energy storage solutions. Additionally, it helps meet regulatory standards and promotes a circular economy which will effect in the growth of the market share.

Key players in the market

Some of the key players in Battery Recycling Market include Accurec Recycling GmbH, American Manganese Inc., Aqua Metals Inc., Battery Solutions LLC, Call2Recycle Inc., Doe Run Company, Eco-Bat Technologies Ltd., Envirostream Australia Pty Ltd, Exide Technologies, Fortum Corporation, GEM Co., Ltd., Gopher Resource LLC, Gravita India Ltd., Johnson Controls International, Li-Cycle Corp., Neometals Ltd., Raw Materials Company Inc., Redux Recycling GmbH, RELAB, Retriev Technologies Inc., SungEel HiTech Co., Ltd. and Umicore.

Key Developments:

In September 2024, Fortum launched of its Innovation Challenge, Fortum Spark - an initiative designed to discover and support innovative ideas that can advance the electrification and decarbonisation of industries and support flexible energy systems.

In August 2024, Fortum and the Port of Rauma have agreed on the site development for a green transition project. Under the collaboration agreement, Fortum and the Port of Rauma applied for a zoning change to enable a hydrogen and/or hydrogen derivatives production plant investment at a site located in the Port.

In November 2023, Exide Technologies launched its new Sprinter Pure Power battery range. Specifically developed for use in data center UPS, this latest generation of advanced AGM batteries also serves a broad variety of other applications.

Battery Chemistries Covered:

• Lead Acid Batteries
• Lithium Ion Batteries
• Nickel Cadmium (NiCd) Batteries
• Nickel Metal Hydride (NiMH) Batteries
• Other Battery Chemistries

Sources Covered:

• Automotive Batteries
• Industrial Batteries
• Consumer Electronics Batteries
• Other Sources

Recycling Processes Covered:

• Pyrometallurgical
• Hydrometallurgical
• Mechanical Processes
• Direct Recycling

End Users Covered:

• Automotive
• Consumer Electronics
• Industrial
• Energy Storage Systems
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Battery Recycling Market, By Battery Chemistry

• 5.1 Introduction
• 5.2 Lead Acid Batteries
• 5.3 Lithium Ion Batteries
• 5.4 Nickel Cadmium (NiCd) Batteries
• 5.5 Nickel Metal Hydride (NiMH) Batteries
• 5.6 Other Battery Chemistries

6 Global Battery Recycling Market, By Source

• 6.1 Introduction
• 6.2 Automotive Batteries
• 6.3 Industrial Batteries
• 6.4 Consumer Electronics Batteries
• 6.5 Other Sources

7 Global Battery Recycling Market, By Recycling Process

• 7.1 Introduction
• 7.2 Pyrometallurgical
• 7.3 Hydrometallurgical
• 7.4 Mechanical Processes
• 7.5 Direct Recycling

8 Global Battery Recycling Market, By End User

• 8.1 Introduction
• 8.2 Automotive
• 8.3 Consumer Electronics
• 8.4 Industrial
• 8.5 Energy Storage Systems
• 8.6 Other End Users

9 Global Battery Recycling Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Accurec Recycling GmbH
• 11.2 American Manganese Inc.
• 11.3 Aqua Metals, Inc.
• 11.4 Battery Solutions LLC
• 11.5 Call2Recycle, Inc.
• 11.6 Doe Run Company
• 11.7 Eco-Bat Technologies Ltd.
• 11.8 Envirostream Australia Pty Ltd
• 11.9 Exide Technologies
• 11.10 Fortum Corporation
• 11.11 GEM Co., Ltd.
• 11.12 Gopher Resource LLC
• 11.13 Gravita India Ltd.
• 11.14 Johnson Controls International
• 11.15 Li-Cycle Corp.
• 11.16 Neometals Ltd.
• 11.17 Raw Materials Company Inc.
• 11.18 Redux Recycling GmbH
• 11.19 RELAB
• 11.20 Retriev Technologies Inc.
• 11.21 SungEel HiTech Co., Ltd.
• 11.22 Umicore