What is the Size of Transportation Battery Recycling Market?
The transportation battery recycling market size is forecast to increase by USD 24.55 billion, at a CAGR of 18.8% between 2023 and 2028. The market is experiencing significant growth due to increasing investment in the sector and the launch of new recycling facilities. Cobalt recovery, a critical component of battery chemistry, is a major focus in this market as it is a finite resource and its extraction is energy-intensive. Resource conservation and efficiency are essential trends in the transportation battery recycling industry, as the energy intensity of battery production is high. Supercritical CO2 and mechanical steps are being employed to improve the efficiency of cobalt recovery. Moreover, the recycling process must maintain electronic conductivity to ensure the quality of the recycled materials. Heavy metals, such as lithium and nickel, are also targeted for recovery. However, logistical challenges in disposing of battery waste remain a significant hurdle in the market's growth. Despite these challenges, the market is poised for growth as the demand for sustainable and eco-friendly solutions continues to increase.
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Method
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Transportation Battery Recycling Market 2018 - 2022
- Historic Market Size - Data Table on Global Transportation Battery Recycling Market 2018 - 2022 ($ million)
- 5.2 Method segment analysis 2018 - 2022
- Historic Market Size - Method Segment 2018 - 2022 ($ million)
- 5.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on global transportation battery recycling market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Method
- 8.1 Market segments
- Chart on Method - Market share 2023-2028 (%)
- Data Table on Method - Market share 2023-2028 (%)
- 8.2 Comparison by Method
- Chart on Comparison by Method
- Data Table on Comparison by Method
- 8.3 Mechanical processing - Market size and forecast 2023-2028
- Chart on Mechanical processing - Market size and forecast 2023-2028 ($ million)
- Data Table on Mechanical processing - Market size and forecast 2023-2028 ($ million)
- Chart on Mechanical processing - Year-over-year growth 2023-2028 (%)
- Data Table on Mechanical processing - Year-over-year growth 2023-2028 (%)
- 8.4 Hydrometallurgical methods - Market size and forecast 2023-2028
- Chart on Hydrometallurgical methods - Market size and forecast 2023-2028 ($ million)
- Data Table on Hydrometallurgical methods - Market size and forecast 2023-2028 ($ million)
- Chart on Hydrometallurgical methods - Year-over-year growth 2023-2028 (%)
- Data Table on Hydrometallurgical methods - Year-over-year growth 2023-2028 (%)
- 8.5 Pyrometallurgical methods - Market size and forecast 2023-2028
- Chart on Pyrometallurgical methods - Market size and forecast 2023-2028 ($ million)
- Data Table on Pyrometallurgical methods - Market size and forecast 2023-2028 ($ million)
- Chart on Pyrometallurgical methods - Year-over-year growth 2023-2028 (%)
- Data Table on Pyrometallurgical methods - Year-over-year growth 2023-2028 (%)
- 8.6 Biotechnological approaches - Market size and forecast 2023-2028
- Chart on Biotechnological approaches - Market size and forecast 2023-2028 ($ million)
- Data Table on Biotechnological approaches - Market size and forecast 2023-2028 ($ million)
- Chart on Biotechnological approaches - Year-over-year growth 2023-2028 (%)
- Data Table on Biotechnological approaches - Year-over-year growth 2023-2028 (%)
- 8.7 Market opportunity by Method
- Market opportunity by Method ($ million)
- Data Table on Market opportunity by Method ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 Lithium-Ion batteries - Market size and forecast 2023-2028
- Chart on Lithium-Ion batteries - Market size and forecast 2023-2028 ($ million)
- Data Table on Lithium-Ion batteries - Market size and forecast 2023-2028 ($ million)
- Chart on Lithium-Ion batteries - Year-over-year growth 2023-2028 (%)
- Data Table on Lithium-Ion batteries - Year-over-year growth 2023-2028 (%)
- 9.4 Lead acid batteries - Market size and forecast 2023-2028
- Chart on Lead acid batteries - Market size and forecast 2023-2028 ($ million)
- Data Table on Lead acid batteries - Market size and forecast 2023-2028 ($ million)
- Chart on Lead acid batteries - Year-over-year growth 2023-2028 (%)
- Data Table on Lead acid batteries - Year-over-year growth 2023-2028 (%)
- 9.5 Nickel-metal hydride batteries - Market size and forecast 2023-2028
- Chart on Nickel-metal hydride batteries - Market size and forecast 2023-2028 ($ million)
- Data Table on Nickel-metal hydride batteries - Market size and forecast 2023-2028 ($ million)
- Chart on Nickel-metal hydride batteries - Year-over-year growth 2023-2028 (%)
- Data Table on Nickel-metal hydride batteries - Year-over-year growth 2023-2028 (%)
- 9.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 9.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 11.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 11.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 11.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 11.13 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 11.14 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.15 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.16 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.17 Brazil - Market size and forecast 2023-2028
- Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Data Table on Brazil - Year-over-year growth 2023-2028 (%)
- 11.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Call2Recycle Inc.
- Call2Recycle Inc. - Overview
- Call2Recycle Inc. - Product / Service
- Call2Recycle Inc. - Key news
- Call2Recycle Inc. - Key offerings
- SWOT
- 14.5 Contemporary Amperex Technology Co. Ltd.
- Contemporary Amperex Technology Co. Ltd. - Overview
- Contemporary Amperex Technology Co. Ltd. - Product / Service
- Contemporary Amperex Technology Co. Ltd. - Key news
- Contemporary Amperex Technology Co. Ltd. - Key offerings
- SWOT
- 14.6 Ecobat LLC
- Ecobat LLC - Overview
- Ecobat LLC - Product / Service
- Ecobat LLC - Key news
- Ecobat LLC - Key offerings
- SWOT
- 14.7 EnerSys
- EnerSys - Overview
- EnerSys - Business segments
- EnerSys - Key news
- EnerSys - Key offerings
- EnerSys - Segment focus
- SWOT
- 14.8 Exide Industries Ltd.
- Exide Industries Ltd. - Overview
- Exide Industries Ltd. - Product / Service
- Exide Industries Ltd. - Key news
- Exide Industries Ltd. - Key offerings
- SWOT
- 14.9 Fortum Oyj
- Fortum Oyj - Overview
- Fortum Oyj - Business segments
- Fortum Oyj - Key news
- Fortum Oyj - Key offerings
- Fortum Oyj - Segment focus
- SWOT
- 14.10 GEM Co. Ltd.
- GEM Co. Ltd. - Overview
- GEM Co. Ltd. - Product / Service
- GEM Co. Ltd. - Key news
- GEM Co. Ltd. - Key offerings
- SWOT
- 14.11 Gopher Resource LLC
- Gopher Resource LLC - Overview
- Gopher Resource LLC - Product / Service
- Gopher Resource LLC - Key offerings
- SWOT
- 14.12 Li Cycle Holdings Corp.
- Li Cycle Holdings Corp. - Overview
- Li Cycle Holdings Corp. - Product / Service
- Li Cycle Holdings Corp. - Key news
- Li Cycle Holdings Corp. - Key offerings
- SWOT
- 14.13 Neometals Ltd.
- Neometals Ltd. - Overview
- Neometals Ltd. - Product / Service
- Neometals Ltd. - Key offerings
- SWOT
- 14.14 Novocycle Technologies
- Novocycle Technologies - Overview
- Novocycle Technologies - Product / Service
- Novocycle Technologies - Key offerings
- SWOT
- 14.15 POSCO holdings Inc.
- POSCO holdings Inc. - Overview
- POSCO holdings Inc. - Product / Service
- POSCO holdings Inc. - Key offerings
- SWOT
- 14.16 Primobius GmbH
- Primobius GmbH - Overview
- Primobius GmbH - Product / Service
- Primobius GmbH - Key offerings
- SWOT
- 14.17 SungEel Hi Tech Co. Ltd.
- SungEel Hi Tech Co. Ltd. - Overview
- SungEel Hi Tech Co. Ltd. - Product / Service
- SungEel Hi Tech Co. Ltd. - Key offerings
- SWOT
- 14.18 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key news
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
- SWOT
- 14.19 Umicore SA
- Umicore SA - Overview
- Umicore SA - Business segments
- Umicore SA - Key news
- Umicore SA - Key offerings
- Umicore SA - Segment focus
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations