Asia-Pacific Electric Vehicle Lithium-Ion Battery Recycling Market, By Process (Pyrometallurgical, Hydrometallurgical, Others), Application (Passenger Car, Commercial Vehicle), Country (China, India, South Korea, Japan, Australia, New Zealand, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest Of Asia-Pacific), Industry Trends and Forecast To 2029
Market Analysis and Insights: Asia-Pacific Electric Vehicle Lithium-Ion Battery Recycling Market
Asia-Pacific electric vehicle lithium-ion battery recycling market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 22.0% in the forecast period of 2022 to 2029 and is expected to reach USD 416,657.22 thousand by 2029.
Lithium-ion (Li-ion) batteries are rechargeable batteries used in electric vehicles. Methods used for the recycling of lithium-ion batteries are pyrometallurgical and hydrometallurgical.
The number of electric vehicles is increasing due to improved battery technologies and low maintenance requirements for these lithium-ion batteries. Moreover, the improvements in battery recycling techniques and government economic stimulus policies in battery recycling methods are expected to boost the electric vehicle lithium-ion battery recycling market. On the other hand, the lack of awareness among the people for electric vehicle battery recycling may restrain the growth of the Asia-Pacific electric vehicle lithium-ion battery recycling market.
Growing environmental awareness and conservation of natural resources is providing opportunities in the electric vehicle lithium-ion battery recycling market. However, accessible installation of batteries while utilizing minimum space may act as a challenge to the electric vehicle lithium-ion battery recycling market.
This Asia-Pacific electric vehicle lithium-ion battery recycling market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Electric Vehicle Lithium-Ion Battery Recycling Market Scope And Market Size
Asia-Pacific electric vehicle lithium-ion battery recycling market is segmented on the basis of process and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of process, the Asia-Pacific electric vehicle lithium-ion battery recycling market is segmented into pyrometallurgical, hydrometallurgical, and others. In 2022, the pyrometallurgical segment is expected to dominate the electric vehicle lithium-ion battery recycling market globally as the pyrometallurgical process allows a short-process chain and less environmental impact, which increases its demand globally. In Asia-Pacific, the demand for the pyrometallurgical segment is more in China and India due to the increase in the production of electric vehicles and adoption of the recycling process, which makes pyrometallurgical dominate the region.
- On the basis of application, Asia-Pacific electric vehicle lithium-ion battery recycling market is segmented into passenger car and commercial vehicle. In 2022, the passenger car segment is expected to dominate the electric vehicle lithium-ion battery recycling market globally as passenger cars have lower fueling and maintenance costs that make the passenger car segment dominate in the region. In Asia-Pacific, the large numbers of electric passenger car manufacturers in the region make the passenger car segment to dominate in the region.
Asia-Pacific Electric Vehicle Lithium-Ion Battery Recycling Market Country Level Analysis
The Asia-Pacific market is analyzed, and market size information is provided by process and application.
The countries covered in the Asia-Pacific electric vehicle lithium-ion battery recycling market report are Japan, China, South Korea, Australia, India, Singapore, Thailand, Malaysia, Indonesia, Philippines, and the rest of Asia-Pacific. China is expected to dominate the Asia-Pacific electric vehicle lithium-ion battery recycling market due to an increase in the production of electric vehicles and the adoption of the recycling process. Japan is expected to dominate the Asia-Pacific electric vehicle lithium-ion battery recycling market due to government initiatives that all new passenger cars sold domestically should be electrified. South Korea is expected to dominate the Asia-Pacific electric vehicle lithium-ion battery recycling market due to supportive government regulations.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Asia-Pacific Electric Vehicle Lithium-Ion Battery Recycling Market
Asia-Pacific electric vehicle lithium-ion battery recycling market also provides you with detailed market analysis for every country's growth in the installed base of different kinds of products for the market, the impact of technology using lifeline curves and changes in infant formula regulatory scenarios, and their impact on the electric vehicle lithium-ion battery recycling market. The data is available for the historical period 2010 to 2020.
Competitive Landscape and Asia-Pacific Electric Vehicle Lithium-Ion Battery Recycling Market Share Analysis
Asia-Pacific electric vehicle lithium-ion battery recycling market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to the Asia-Pacific electric vehicle lithium-ion battery recycling market.
Some of the major players covered in the report are Neometals, Glencore, FORTUM, Gem Co. Ltd., Brunp Recycle Technology Co.Ltd. (A subsidiary of CATL), Tata Chemicals Ltd., GanfengLithium, Umicore, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In January, Paulson Prize for Sustainability Help GEM CO. Ltd. Build Partnership and Boost High-quality Development of Recycling Industry. This partnership will help the company to promote its extensive cooperation with global automobile and battery enterprises in the recycling of waste batteries
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Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET
1.4 LIMITATIONS
1.5 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 DBMR TRIPOD DATA VALIDATION MODEL
2.6 TYPE LIFE LINE CURVE
2.7 MULTIVARIATE MODELING
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.9 DBMR MARKET POSITION GRID
2.1 MARKET APPLICATION COVERAGE GRID
2.11 DBMR MARKET CHALLENGE MATRIX
2.12 VENDOR SHARE ANALYSIS
2.13 SECONDARY SOURCES
2.14 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 DRIVERS
4.1.1 DEVELOPING INFRASTRUCTURE FOR ELECTRIC VEHICLE PRODUCTION IN EMERGING ECONOMIES
4.1.2 GROWING DEMAND FOR ZERO-EMISSION VEHICLES
4.1.3 LENIENT LAWS AND TAXATION POLICIES SUPPORTING THE USE OF ELECTRIC VEHICLES
4.2 RESTRAINTS
4.2.1 HIGH ESTABLISHMENT COST OF ELECTRIC VEHICLE BATTERY RECYCLING PLANTS
4.2.2 LACK OF AWARENESS OF ELECTRIC VEHICLE BATTERY RECYCLING
4.3 OPPORTUNITIES
4.3.1 GROWING ENVIRONMENT AWARENESS AND CONSERVATION OF NATURAL RESOURCES
4.3.2 STRINGENT STANDARDS AND LAWS TO PROMOTE BATTERY RECYCLING
4.4 CHALLENGES
4.4.1 ACCESSIBLE INSTALLATION OF BATTERIES WHILE UTILIZING MINIMUM SPACE
4.4.2 ADOPTION OF EFFICIENT DISMANTLING TECHNIQUES
5 IMPACT OF COVID-19 IMPACT ON THE ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET
5.1 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET
5.2 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE
5.3 IMPACT ON PRICE
5.4 IMPACT ON DEMAND
5.5 IMPACT ON SUPPLY CHAIN
5.6 CONCLUSION
6 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS
6.1 OVERVIEW
6.2 PYROMETALLURGICAL
6.3 HYDROMETALLURGICAL
6.4 OTHERS
7 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 PASSENGER CAR
7.3 COMMERCIAL VEHICLE
8 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY REGION
8.1 ASIA-PACIFIC
8.1.1 CHINA
8.1.2 JAPAN
8.1.3 SOUTH KOREA
8.1.4 INDIA
8.1.5 AUSTRALIA & NEW ZEALAND
8.1.6 SINGAPORE
8.1.7 INDONESIA
8.1.8 THAILAND
8.1.9 MALAYSIA
8.1.10 PHILIPPINES
8.1.11 REST OF ASIA-PACIFIC
9 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: COMPANY LANDSCAPE
9.1 COMPANY SHARE ANALYSIS: EUROPE, NORTH AMERICA, AND ASIA-PACIFIC
9.2 MERGER & ACQUISITION
9.3 EXPANSIONS
9.4 PARTNERSHIP
9.5 JOINT VENTURE
9.6 AGREEMENTS
9.7 COLLABORATION
10 SWOT ANALYSIS
11 COMPANY PROFILE
11.1 BRUNP RECYCLING TECHNOLOGY CO., LTD. (AS A SUBSIDIARY OF CATL)
11.1.1 COMPANY SNAPSHOT
11.1.2 REVENUE ANALYSIS
11.1.3 COMPANY SHARE ANALYSIS
11.1.4 PRODUCT PORTFOLIO
11.1.5 RECENT UPDATE
11.2 UMICORE
11.2.1 COMPANY SNAPSHOT
11.2.2 REVENUE ANALYSIS
11.2.3 COMPANY SHARE ANALYSIS
11.2.4 PRODUCT PORTFOLIO
11.2.5 RECENT UPDATES
11.3 GANFENGLITHIUM
11.3.1 COMPANY SNAPSHOT
11.3.2 REVENUE ANALYSIS
11.3.3 COMPANY SHARE ANALYSIS
11.3.4 PRODUCT PORTFOLIO
11.3.5 RECENT UPDATE
11.4 FORTUM
11.4.1 COMPANY SNAPSHOT
11.4.2 REVENUE ANALYSIS
11.4.3 COMPANY SHARE ANALYSIS
11.4.4 PRODUCT PORTFOLIO
11.4.5 RECENT UPDATES
11.5 AMERICAN MANGANESE INC.
11.5.1 COMPANY SNAPSHOT
11.5.2 COMPANY SHARE ANALYSIS
11.5.3 PRODUCT PORTFOLIO
11.5.4 RECENT UPDATE
11.6 GEM CO. LTD
11.6.1 COMPANY SNAPSHOT
11.6.2 PRODUCT PORTFOLIO
11.6.3 RECENT UPDATE
11.7 GLENCORE
11.7.1 COMPANY SNAPSHOT
11.7.2 REVENUE ANALYSIS
11.7.3 PRODUCT PORTFOLIO
11.7.4 RECENT UPDATES
11.8 ACCUREC-RECYCLING GMBH
11.8.1 COMPANY SNAPSHOT
11.8.2 PRODUCT PORTFOLIO
11.8.3 RECENT UPDATES
11.9 DUESENFELD GMBH
11.9.1 COMPANY SNAPSHOT
11.9.2 PRODUCT PORTFOLIO
11.9.3 RECENT UPDATES
11.1 ECOBAT
11.10.1 COMPANY SNAPSHOT
11.10.2 PRODUCT PORTFOLIO
11.10.3 RECENT UPDATES
11.11 LI-CYCLE CORP
11.11.1 COMPANY SNAPSHOT
11.11.2 REVENUE ANALYSIS
11.11.3 PRODUCT PORTFOLIO
11.11.4 RECENT UPDATE
11.12 LITHION RECYCLING
11.12.1 COMPANY SNAPSHOT
11.12.2 PRODUCT PORTFOLIO
11.12.3 RECENT UPDATES
11.13 NEOMETALS
11.13.1 COMPANY SNAPSHOT
11.13.2 REVENUE ANALYSIS
11.13.3 PRODUCT PORTFOLIO
11.13.4 RECENT UPDATE
11.14 RETRIEV TECHNOLOGIES
11.14.1 COMPANY SNAPSHOT
11.14.2 PRODUCT PORTFOLIO
11.14.3 RECENT UPDATE
11.15 TATA CHEMICALS LTD.
11.15.1 COMPANY SNAPSHOT
11.15.2 PRODUCT PORTFOLIO
11.15.3 RECENT UPDATES
12 QUESTIONNAIRE
13 RELATED REPORTS
List of Table
TABLE 1 WORLD BATTERY ELECTRIC VEHICLE SALE, 2010-2019 (MILLIONS)
TABLE 2 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 3 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 4 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY COUNTRY, 2020-2029 (USD THOUSAND)
TABLE 5 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 6 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 7 CHINA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 8 CHINA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 9 JAPAN ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 10 JAPAN ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 11 SOUTH KOREA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 12 SOUTH KOREA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 13 INDIA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 14 INDIA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 15 AUSTRALIA & NEW ZEALAND ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 16 AUSTRALIA & NEW ZEALAND ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 17 SINGAPORE ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 18 SINGAPORE ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 19 INDONESIA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 20 INDONESIA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 21 THAILAND ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 22 THAILAND ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 23 MALAYSIA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 24 MALAYSIA ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 25 PHILIPPINES ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
TABLE 26 PHILIPPINES ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2029 (USD THOUSAND)
TABLE 27 REST OF ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2020-2029 (USD THOUSAND)
List of Figure
FIGURE 1 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET
FIGURE 2 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: DATA TRIANGULATION
FIGURE 3 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: DROC ANALYSIS
FIGURE 4 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS
FIGURE 5 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: COMPANY RESEARCH ANALYSIS
FIGURE 6 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: THE TYPE LIFELINE CURVE
FIGURE 7 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: MULTIVARIATE MODELLING
FIGURE 8 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: INTERVIEW DEMOGRAPHICS
FIGURE 9 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: DBMR MARKET POSITION GRID
FIGURE 10 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: MARKET APPLICATION COVERAGE GRID
FIGURE 11 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: THE MARKET CHALLENGE MATRIX
FIGURE 12 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: VENDOR SHARE ANALYSIS
FIGURE 13 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: SEGMENTATION
FIGURE 14 DEVELOPING INFRASTRUCTURE FOR ELECTRIC VEHICLE PRODUCTION IN EMERGING ECONOMIES MAY DRIVE ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET IN THE FORECAST PERIOD
FIGURE 15 THE PYROMETALLURGICAL SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET IN 2022 AND 2029
FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET
FIGURE 17 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY PROCESS, 2021
FIGURE 18 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET, BY APPLICATION, 2021
FIGURE 19 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: SNAPSHOT (2021)
FIGURE 20 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: BY COUNTRY (2021)
FIGURE 21 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: BY COUNTRY (2022 & 2029)
FIGURE 22 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: BY COUNTRY (2021 & 2029)
FIGURE 23 ASIA-PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING MARKET: BY PROCESS (2022-2029)
FIGURE 24 ASIA PACIFIC ELECTRIC VEHICLE LITHIUM-ION BATTERY RECYCLING: COMPANY SHARE 2021 (%)
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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