Global Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End Use, and Region: Trend Outlook and Growth Opportunity
Global EV battery reuse and recycling market will reach $5,391.8 million by 2027, growing by 54.2% annually over 2020-2027 driven by reducing battery waste and costly battery disposal, demand for electric vehicles, and focus on sustainable transportation.
Highlighted with 83 tables and 80 figures, this 164-page report “Global Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End Use, and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global EV 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 2017-2020 and provides forecast from 2021 till 2027 with 2020 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. The balanced (most likely) projection is used to quantify global EV battery reuse and recycling market in every aspect of the classification from perspectives of Category, Battery Type, EV Type, End Use, and Region.
Based on Category, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
Reuse of EV Batteries
Recycling of EV Batteries
• Hydro-metallurgical Process
• Pyro-metallurgical Process
• Other Processes
Based on Battery Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Lithium-ion Batteries
• Nickel-metal Hydride Batteries
• Lead-acid Batteries
• Other Battery Types
Based on EV Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)
Based on End Use, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 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:
• 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)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Category, Battery Type, and End Use over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global EV battery reuse and recycling market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
ACCUREC Recycling GmbH
American Manganese Inc.
Battery Solutions
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.
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.)
Table of Contents
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
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 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of Global Market by Category 43
3.1 Market Overview by Category 43
3.2 Reuse of EV Batteries 45
3.3 Recycling of EV Batteries 46
3.3.1 Hydro-metallurgical Process 48
3.3.2 Pyro-metallurgical Process 49
3.3.3 Other Processes 50
4 Segmentation of Global Market by Battery Type 51
4.1 Market Overview by Battery Type 51
4.2 Lithium-ion Batteries 53
4.3 Nickel-metal Hydride Batteries 54
4.4 Lead-acid Batteries 55
4.5 Other Battery Types 56
5 Segmentation of Global Market by EV Type 57
5.1 Market Overview by EV Type 57
5.2 Battery Electric Vehicle (BEV) 59
5.3 Hybrid Electric Vehicle (HEV) 60
5.4 Plug-in Hybrid Electric Vehicle (PHEV) 61
5.5 Fuel Cell Electric Vehicle (FCEV) 62
6 Segmentation of Global Market by End Use 63
6.1 Market Overview by End Use 63
6.2 Electric Cars 65
6.3 Electric Buses 66
6.4 Energy Storage Systems 67
6.5 Other End Uses 68
7 Segmentation of Global Market by Region 69
7.1 Geographic Market Overview 2020-2027 69
7.2 North America Market 2020-2027 by Country 73
7.2.1 Overview of North America Market 73
7.2.2 U.S. 76
7.2.3 Canada 80
7.2.4 Mexico 82
7.3 European Market 2020-2027 by Country 84
7.3.1 Overview of European Market 84
7.3.2 UK 87
7.3.3 France 89
7.3.4 Germany 91
7.3.5 Spain 93
7.3.6 Italy 95
7.3.7 Russia 97
7.3.8 Rest of European Market 99
7.4 Asia-Pacific Market 2020-2027 by Country 101
7.4.1 Overview of Asia-Pacific Market 101
7.4.2 China 104
7.4.3 Japan 107
7.4.4 India 110
7.4.5 Australia 112
7.4.6 South Korea 114
7.4.7 Rest of APAC Region 116
7.5 South America Market 2020-2027 by Country 118
7.5.1 Argentina 121
7.5.2 Brazil 123
7.5.3 Chile 125
7.5.4 Rest of South America Market 127
7.6 MEA Market 2020-2027 by Country 128
7.6.1 UAE 131
7.6.2 Saudi Arabia 133
7.6.3 South Africa 135
7.6.4 Other National Markets 137
8 Competitive Landscape 138
8.1 Overview of Key Vendors 138
8.2 New Product Launch, Partnership, Investment, and M&A 141
8.3 Company Profiles 142
ACCUREC Recycling GmbH 142
American Manganese Inc. 144
Battery Solutions 145
BMW AG 146
China Aviation Lithium Battery Company Limited 147
G & P Service 148
LI-CYCLE CORP. 149
Nissan Motor Co. Ltd. 150
Recupyl 151
Retriev Technologies 152
SITRASA 153
SNAM S.A.S. 154
Tesla Inc. 155
Toshiba Corporation 156
Umicore 157
9 Investing in Global Market: Risk Assessment and Management 158
9.1 Risk Evaluation of Global Market 158
9.2 Critical Success Factors (CSFs) 161
Related Reports and Products 164