<2024> Recycling/Reuse Technology Trend & Market Outlook (~2040)
As electric vehicles rapidly expand,
battery recycling and reuse are becoming essential elements for sustainable
industrial development. The direction of development of the automobile industry
is determined by electrification due to environmental regulations, and the
battery recycling market is structured in such a way that it inevitably grows.
The recycling industry is currently
struggling with the overall slowdown in the electric vehicle market,
overcapacity in pre- and post-processing recycling, and falling metal prices,
but these issues are expected to ease in the future as feedstocks increase.
Recently, various recycling-related issues have been raised in the
industry, such as the transportation costs of EOL batteries and black mass, the
future industrial structure resulting from them, whether the EU will ban the
export of black mass, and the possibility of forming separate pricing systems
for recycled raw materials and mining raw materials.
In terms of technology, various R&Ds
are actively being conducted, including low-temperature heat treatment, lithium
pre-extraction process, precursor solutions, and slag treatment technology, and
commercialization of direct recycling is expected in the future.
The economic feasibility of battery
recycling is highly dependent on metal prices, and establishing a business
model that can sustain business stably even in the face of price fluctuations
is emerging as an essential task.
This report comprehensively analyzes the
Battery Recycling/Reuse market based on global xEV sales performance data from
SNE Research and in-depth insights from industry experts.
[Table of Contents]
1. Introduction (Outline of EV Battery)
1.1 Lithium Ion Battery
1.2 Form Factor of Lithium Ion Battery for
Electric Vehicles
2. Necessity for EV Battery Recycling
2.1 Environmental Harmfulness of Battery
Components
2.2 Safety Issue When Dealing with Battery
2.3 Value and Necessity of Battery
Recycling
3. Recycling/Reuse Market Outlook
3.1 Issues on EV EOL Battery Value Chain
3.2 Recycling/Reuse Market Forecast
Methodology
3.3 Scrapped Car Volume Forecast
3.4 EOL Battery Volume Forecast
3.5 Scrap Volume Forecast
3.6 Recycling Market Outlook (by Metal
Weight)
3.7 Recycling Market Outlook (by Price)
3.8 Recycling Supply/Demand Balance
3.9 Recycling Issues – Shipping Costs / EU Black Mass Export / Recycling Raw Material
Prices
4. EOL Battery Management Laws /
Regulations
4.1 Necessity of Laws for EOL Battery
Management
4.2 Current Status and Forecast of Laws /
Regulations _Europe
4.3 Current Status and Forecast of Laws /
Regulations _US
4.4 Current Status and Forecast of Laws /
Regulations _China
4.5 Current Status and Forecast of Laws /
Regulations _Japan
4.6 Current Status and Forecast of Laws /
Regulations _Korea
5. Battery Recycling Process Overview
5.1 Terminology
5.2 EOL Battery Recycling Process Overview
5.3 Diagnostic Technology
5.4 Recycling Process
6. Battery Recycling Hydrometallurgy
6.1 Battery Recycling Process Overview
6.2 Battery Recycling Pretreatment Process
(Physical Treatment)
6.3 Battery Recycling Post-treatment
Process (Chemical Treatment)
6.4 R&D of Wet Process
7. Economic Evaluation of Recycling/Reuse Process
7.1 EOL Battery Treatment Process
7.2 EOL Battery Dismantling and Discharging
Process
7.3 EOL Battery Disassembling Process
7.4 EOL Battery Performance Evaluation
7.5 Reuse Process Cost Estimation
7.6 Economic Evaluation of Recycling
8. Recycling/Reuse Key Players
8.1 Korea Recycling/Reuse Players
-SungEel HiTech, Ecopro CnG, Posco HY Clean
Metal, GS Energy Materials, Sebitchem, Goodbye Car
8.2 Global Recycling/Reuse Players
-Duesenfeld, Northvolt, Umicore, Li-Cycle,
Redwood Materials, Ascend Elements,
Brunp, GEM, Huayou Cobalt, Sumitomo Metal Mining, 4R Energy