Black Mass Recycling MarketA Global and Regional Analysis
Table of Content
Focus on Application, Battery Source, Technology, Recovered Metal, and Region
Analysis and Forecast: 2022-2031
March 2023
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BLACK MASS RECYCLING MARKET
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3 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET Table of Content Executive Summary..........................................................................32 Scope of the Study ...........................................................................37 1 Markets .....................................................................................39 1.1 Industry Outlook..............................................................................................40 1.1.1 Trends: Current and Future........................................................................40 1.1.1.1 Lithium Iron Phosphate (LFP) Batteries to Gain Traction over Nickel Manganese Cobalt (NMC) Batteries 40 1.1.1.2 Second Life of Batteries and Recycling.............................................................40 1.1.2 Supply Chain Analysis................................................................................41 1.1.3 Ecosystem/Ongoing Programs..................................................................42 1.1.3.1 Consortiums and Associations ..........................................................................42 1.1.3.2 Regulatory Bodies 43 1.1.3.3 Government Programs 44 1.1.3.4 Programs by Research Institutions and Universities .........................................45 1.1.4 Impact of COVID-19 on the Black Mass Recycling Market ......................45 1.1.5 Impact of Russia-Ukraine War on Black Mass Recycling Market............46 1.1.6 Analysis of Circular Economy in Battery Lifecycle..................................47 1.1.7 Snapshot of Lithium-Ion Battery Recycling Market..................................49 1.1.7.1 Leading Countries 49 1.1.7.2 Leading Companies...........................................................................................49 1.1.7.3 Global Lithium-Ion Black Mass Recycling Market Projection for the Forecast Period (in Volume) 50 1.1.8 Snapshot of Battery Manufacturing Equipment Market...........................50 1.1.8.1 Leading Companies 51 1.2 Business Dynamics.........................................................................................51 1.2.1 Business Drivers.........................................................................................52 1.2.1.1 Exponential Increase in Electric Vehicles and Consumer Awareness 52 1.2.1.2 Rising Metal Prices 52 1.2.1.3 Government Initiatives with Technological Advancements................................53
4 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 1.2.2 Business Challenges ..................................................................................53 1.2.2.1 Broad Array of Battery Chemistries ...................................................................53 1.2.2.2 Variations in the Prices of Battery Raw Materials (Lithium and Cobalt) 54 1.2.3 Business Strategies....................................................................................54 1.2.3.1 Market Developments........................................................................................55 1.2.4 Corporate Strategies...................................................................................59 1.2.4.1 Partnerships, Collaborations, and Joint Ventures 60 1.2.5 Business Opportunities..............................................................................63 1.2.5.1 Generating Lithium Hydroxide 63 1.2.5.2 Closing the Loop, i.e., Making Batteries from Recyclable Materials 63 1.3 Start-up Landscape .........................................................................................65 2 Application ................................................................................66 2.1 Black Mass Recycling Market (by Application).............................................67 2.1.1 Automotive...................................................................................................67 2.1.2 Consumer Electronics ................................................................................67 2.1.3 Energy..........................................................................................................67 2.1.4 Aerospace and Defense..............................................................................68 2.1.5 Construction................................................................................................68 2.1.6 Others...........................................................................................................69 2.1.6.1 Power Tools.......................................................................................................69 2.1.6.2 Packaging 69 2.2 Application.......................................................................................................70 2.2.1 Demand Analysis of Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 ....................................................................70 3 Products....................................................................................71 3.1 Black Mass Recycling Market (by Battery Source).......................................72 3.1.1 Automotive Batteries ..................................................................................72 3.1.2 Industrial Batteries......................................................................................72 3.1.3 Portable Batteries 72
5 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 3.1.4 Demand Analysis of Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031.....................................................73 3.2 Black Mass Recycling Market (by Technology)............................................74 3.2.1 Hydrometallurgy..........................................................................................74 3.2.2 Pyrometallurgy ............................................................................................74 3.2.3 Others...........................................................................................................74 3.2.3.1 Pyrolysis 74 3.2.3.2 Mechanical Recycling........................................................................................75 3.2.4 Demand Analysis of Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 ....................................................................75 3.3 Black Mass Recycling Market (by Recovered Metal)....................................76 3.3.1 Nickel............................................................................................................76 3.3.2 Cobalt...........................................................................................................76 3.3.3 Lithium .........................................................................................................77 3.3.4 Copper..........................................................................................................77 3.3.5 Manganese...................................................................................................78 3.3.6 Others...........................................................................................................78 3.3.6.1 Aluminum 78 3.3.6.2 Titanium 78 3.3.7 Demand Analysis of Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031........................................................79 3.4 Patent Analysis................................................................................................80 3.5 Pricing Analysis...............................................................................................81 4 Region .......................................................................................82 4.1 North America..................................................................................................85 4.1.1 Market...........................................................................................................85 4.1.1.1 Key Manufacturers/Suppliers in North America 85 4.1.1.2 Business Challenges 85 4.1.1.3 Business Drivers................................................................................................85 4.1.2 Application...................................................................................................86
6 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.1.2.1 Demand Analysis of North America Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 86 4.1.3 Product.........................................................................................................87 4.1.3.1 Demand Analysis of North America Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 87 4.1.3.2 Demand Analysis of North America Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 ....................................................87 4.1.3.3 Demand Analysis of North America Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 88 4.1.4 North America: Country-Level Analysis....................................................89 4.1.4.1 U.S. 89 4.1.4.1.1 Market 89 4.1.4.1.1.1 Buyer Attributes................................................................................................89 4.1.4.1.1.2 Key Manufacturers/Suppliers in the U.S. 89 4.1.4.1.1.3 Business Challenges 90 4.1.4.1.1.4 Business Drivers...............................................................................................90 4.1.4.1.2 Application 90 4.1.4.1.2.1 Demand Analysis of the U.S. Black Mass Recycling Market (by Application), Volume and Value, 2021-2031...........................................................90 4.1.4.1.3 Product 91 4.1.4.1.3.1 Demand Analysis of U.S. Black Mass Recycling Market (by Application), Volume and Value, 2021-2031................................................................................91 4.1.4.1.3.2 Demand Analysis of the U.S. Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 92 4.1.4.1.3.3 Demand Analysis of U.S. Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 92 4.1.4.2 Canada 93 4.1.4.2.1 Market......................................................................................................................93 4.1.4.2.1.1 Buyer Attributes 93 4.1.4.2.1.2 Key Manufacturers/Suppliers in Canada 93 4.1.4.2.1.3 Business Challenges........................................................................................94
7 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.1.4.2.1.4 Business Drivers 94 4.1.4.2.2 Application 94 4.1.4.2.2.1 Demand Analysis of Canada Black Mass Recycling Market (by Application), Volume and Value, 2021-2031...........................................................94 4.1.4.2.3 Product 95 4.1.4.2.3.1 Demand Analysis of Canada Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 95 4.1.4.2.3.2 Demand Analysis of Canada Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 96 4.1.4.2.3.3 Demand Analysis of Canada Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 96 4.2 Europe ..............................................................................................................99 4.2.1 Market...........................................................................................................99 4.2.1.1 Key Manufacturers/Suppliers in Europe 99 4.2.1.2 Business Challenges 99 4.2.1.3 Business Drivers................................................................................................99 4.2.2 Application.................................................................................................100 4.2.2.1 Demand Analysis of Europe Black Mass Recycling Market (by Application), Volume and Value, 2021-2031........................................................................100 4.2.3 Product.......................................................................................................101 4.2.3.1 Demand Analysis of Europe Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031..........................................................101 4.2.3.2 Demand Analysis of Europe Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 102 4.2.3.3 Demand Analysis of Europe Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 102 4.2.4 Europe: Country-Level Analysis..............................................................103 4.2.4.1 Germany..........................................................................................................103 4.2.4.1.1 Market 103 4.2.4.1.1.1 Buyer Attributes 103 4.2.4.1.1.2 Key Manufacturers/Suppliers in Germany......................................................104
8 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.2.4.1.1.3 Business Challenges 104 4.2.4.1.1.4 Business Drivers 104 4.2.4.1.2 Application 105 4.2.4.1.2.1 Demand Analysis of Germany Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 105 4.2.4.1.3 Product 106 4.2.4.1.3.1 Demand Analysis of Germany Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 106 4.2.4.1.3.2 Demand Analysis of Germany Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031........................................................106 4.2.4.1.3.3 Demand Analysis of Germany Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 107 4.2.4.2 France..............................................................................................................108 4.2.4.2.1 Market 108 4.2.4.2.1.1 Buyer Attributes 108 4.2.4.2.1.2 Key Manufacturers/Suppliers in France .........................................................108 4.2.4.2.1.3 Business Challenges 108 4.2.4.2.1.4 Business Drivers 109 4.2.4.2.2 Application 109 4.2.4.2.2.1 Demand Analysis of France Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 109 4.2.4.2.3 Product 110 4.2.4.2.3.1 Demand Analysis of France Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 110 4.2.4.2.3.2 Demand Analysis of France Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 111 4.2.4.2.3.3 Demand Analysis of France Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 .................................................................111 4.2.4.3 Italy 112 4.2.4.3.1 Market 112 4.2.4.3.1.1 Buyer Attributes..............................................................................................112
9 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.2.4.3.1.2 Key Manufacturers/Suppliers in Italy 113 4.2.4.3.1.3 Business Challenges 113 4.2.4.3.1.4 Business Drivers 113 4.2.4.3.2 Application 113 4.2.4.3.2.1 Demand Analysis of Italy Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 113 4.2.4.3.3 Product 114 4.2.4.3.3.1 Demand Analysis of Italy Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 114 4.2.4.3.3.2 Demand Analysis of Italy Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 115 4.2.4.3.3.3 Demand Analysis of Italy Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 .................................................................115 4.2.4.4 Poland 116 4.2.4.4.1 Market 116 4.2.4.4.1.1 Buyer Attributes..............................................................................................116 4.2.4.4.1.2 Key Manufacturers/Suppliers in Poland 117 4.2.4.4.1.3 Business Challenges 117 4.2.4.4.1.4 Business Drivers 117 4.2.4.4.2 Application 118 4.2.4.4.2.1 Demand Analysis of Poland Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 118 4.2.4.4.3 Product 119 4.2.4.4.3.1 Demand Analysis of Poland Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031...............................................................119 4.2.4.4.3.2 Demand Analysis of Poland Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 119 4.2.4.4.3.3 Demand Analysis of Poland Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 120 4.2.4.5 Rest-of-Europe 121 4.2.4.5.1 Market....................................................................................................................121
10 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.2.4.5.1.1 Buyer Attributes 121 4.2.4.5.1.2 Key Manufacturers/Suppliers in the Rest-of-Europe 121 4.2.4.5.1.3 Business Challenges 122 4.2.4.5.1.4 Business Drivers 122 4.2.4.5.2 Application 122 4.2.4.5.2.1 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 122 4.2.4.5.3 Product 123 4.2.4.5.3.1 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 123 4.2.4.5.3.2 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 124 4.2.4.5.3.3 Demand Analysis of Rest-of-Europe Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 125 4.3 U.K. .................................................................................................................127 4.3.1 Market.........................................................................................................127 4.3.1.1 Buyer Attributes 127 4.3.1.2 Key Manufacturers/Suppliers in the U.K. 127 4.3.1.3 Business Challenges 127 4.3.1.4 Business Drivers..............................................................................................128 4.3.2 Application.................................................................................................128 4.3.2.1 Demand Analysis of the U.K. Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 128 4.3.3 Product.......................................................................................................129 4.3.3.1 Demand Analysis of the U.K. Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031..........................................................129 4.3.3.2 Demand Analysis of U.K. Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031........................................................................130 4.3.3.3 Demand Analysis of the U.K. Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 130 4.4 China...............................................................................................................133
11 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.4.1 Market.........................................................................................................133 4.4.1.1 Buyer Attributes...............................................................................................133 4.4.1.2 Key Manufacturers/Suppliers in China 133 4.4.1.3 Business Challenges 134 4.4.1.4 Business Drivers..............................................................................................134 4.4.2 Application.................................................................................................134 4.4.2.1 Demand Analysis of China Black Mass Recycling Market (by Application), Volume and Value, 2021-2031........................................................................134 4.4.3 Product.......................................................................................................135 4.4.3.1 Demand Analysis of China Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031..........................................................135 4.4.3.2 Demand Analysis of China Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 136 4.4.3.3 Demand Analysis of China Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 137 4.5 Asia-Pacific and Japan..................................................................................139 4.5.1 Market.........................................................................................................139 4.5.1.1 Key Manufacturers/Suppliers in Asia-Pacific and Japan 139 4.5.1.2 Business Challenges 139 4.5.1.3 Business Drivers..............................................................................................140 4.5.2 Application.................................................................................................140 4.5.2.1 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 140 4.5.3 Product.......................................................................................................141 4.5.3.1 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031.......................................141 4.5.3.2 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 ............................................142 4.5.3.3 Demand Analysis of Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 142 4.5.4 Asia-Pacific and Japan: Country-Level Analysis....................................143
12 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.5.4.1 Japan 143 4.5.4.1.1 Market 143 4.5.4.1.1.1 Buyer Attributes 143 4.5.4.1.1.2 Key Manufacturers/Suppliers in Japan 144 4.5.4.1.1.3 Business Challenges 144 4.5.4.1.1.4 Business Drivers 144 4.5.4.1.2 Application 145 4.5.4.1.2.1 Demand Analysis of Japan Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 145 4.5.4.1.3 Product 146 4.5.4.1.3.1 Demand Analysis of Japan Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 146 4.5.4.1.3.2 Demand Analysis of Japan Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 146 4.5.4.1.3.3 Demand Analysis of Japan Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 .................................................................147 4.5.4.2 South Korea 148 4.5.4.2.1 Market 148 4.5.4.2.1.1 Buyer Attributes 148 4.5.4.2.1.2 Key Manufacturers/Suppliers in South Korea 148 4.5.4.2.1.3 Business Challenges 148 4.5.4.2.1.4 Business Drivers 149 4.5.4.2.2 Application 149 4.5.4.2.2.1 Demand Analysis of South Korea Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 149 4.5.4.2.3 Product 150 4.5.4.2.3.1 Demand Analysis of South Korea Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 150 4.5.4.2.3.2 Demand Analysis of South Korea Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 151
13 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.5.4.2.3.3 Demand Analysis of South Korea Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 151 4.5.4.3 India 152 4.5.4.3.1 Market....................................................................................................................152 4.5.4.3.1.1 Buyer Attributes 152 4.5.4.3.1.2 Key Manufacturers/Suppliers in India 152 4.5.4.3.1.3 Business Challenges 153 4.5.4.3.1.4 Business Drivers 153 4.5.4.3.2 Application 153 4.5.4.3.2.1 Demand Analysis of India Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 153 4.5.4.3.3 Product 154 4.5.4.3.3.1 Demand Analysis of India Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 154 4.5.4.3.3.2 Demand Analysis of India Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031..............................................................................155 4.5.4.3.3.3 Demand Analysis of India Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 155 4.5.4.4 Australia...........................................................................................................156 4.5.4.4.1 Market 156 4.5.4.4.1.1 Buyer Attributes 156 4.5.4.4.1.2 Key Manufacturers/Suppliers in Australia 156 4.5.4.4.1.3 Business Challenges 157 4.5.4.4.1.4 Business Drivers 157 4.5.4.4.2 Application 157 4.5.4.4.2.1 Demand Analysis of Australia Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 157 4.5.4.4.3 Product 158 4.5.4.4.3.1 Demand Analysis of Australia Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031 158
14 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.5.4.4.3.2 Demand Analysis of Australia Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 159 4.5.4.4.3.3 Demand Analysis of Australia Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031...............................................159 4.5.4.5 Rest-of-Asia-Pacific and Japan 160 4.5.4.5.1 Market 160 4.5.4.5.1.1 Buyer Attributes 160 4.5.4.5.1.2 Key Manufacturers/Suppliers in the Rest-of-Asia-Pacific and Japan 160 4.5.4.5.1.3 Business Challenges 161 4.5.4.5.1.4 Business Drivers 161 4.5.4.5.2 Application 161 4.5.4.5.2.1 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 161 4.5.4.5.3 Product 162 4.5.4.5.3.1 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031................162 4.5.4.5.3.2 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 163 4.5.4.5.3.3 Demand Analysis of Rest-of-Asia-Pacific and Japan Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031 163 4.6 Rest-of-the-World ..........................................................................................166 4.6.1 Market.........................................................................................................166 4.6.1.1 Key Manufacturers/Suppliers in the Rest-of-the-World 166 4.6.1.2 Business Challenges 166 4.6.1.3 Business Drivers..............................................................................................167 4.6.2 Application.................................................................................................167 4.6.2.1 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 ...................................................167 4.6.3 Product.......................................................................................................168 4.6.3.1 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Battery Source), Volume and Value, 2021-2031.............................................168
15 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.6.3.2 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031 169 4.6.3.3 Demand Analysis of Rest-of-the-World Black Mass Recycling Market (by Recovered Metal), Volume and Value, 2021-2031..........................................169 4.6.4 Rest-of-the-World: Region-Wise Analysis...............................................170 4.6.4.1 South America 170 4.6.4.1.1 Market 170 4.6.4.1.1.1 Buyer Attributes 170 4.6.4.1.1.2 Key Manufacturers/Suppliers in South America 170 4.6.4.1.1.3 Business Challenges 171 4.6.4.1.1.4 Business Drivers 171 4.6.4.1.2 Application 171 4.6.4.1.2.1 Demand Analysis of South America Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 171 4.6.4.1.3 Product 172 4.6.4.1.3.1 Demand Analysis of South America Black Mass Recycling Market (by Source), Volume and Value, 2021-2031 172 4.6.4.1.3.2 Demand Analysis of South America Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031........................................................173 4.6.4.1.3.3 Demand Analysis of South America Black Mass Recycling Market (by Recovered Metals ), Volume and Value, 2021-2031 173 4.6.4.2 Middle East and Africa .......................................................................................174 4.6.4.1.1 Market 174 4.6.4.1.1.1 4.6.4.1.Buyer Attributes 174 4.6.4.1.1.2 Key Manufacturers/Suppliers in the Middle East and Africa ..........................174 4.6.4.1.1.3 Business Challenges 175 4.6.4.1.1.4 Business Drivers 175 4.6.4.1.2 Application 175 4.6.4.1.2.1 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Application), Volume and Value, 2021-2031 175 4.6.4.1.3 Product...................................................................................................................176
16 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 4.6.4.1.3.1 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Source), Volume and Value, 2021-2031 176 4.6.4.1.3.2 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Technology), Volume and Value, 2021-2031......................................177 4.6.4.1.3.3 Demand Analysis of Middle East and Africa Black Mass Recycling Market (by Recovered Metals ), Volume and Value, 2021-2031 177 5 Markets - Competitive Benchmarking & Company Profiles .......179 5.1 Competitive Benchmarking ..........................................................................180 5.1.1 Competitive Positioning Matrix................................................................180 5.1.2 Market Share Analysis..............................................................................181 5.1.3 Product Matrix of Key Companies...........................................................181 5.2 Company Profiles..........................................................................................182 5.2.1 BASF SE 182 5.2.1.1 Company Overview .........................................................................................182 5.2.1.1.1 Role of BASF SE in the Global Black Mass Recycling Market 182 5.2.1.1.2 Product Portfolio 182 5.2.1.1.3 Business Strategies 183 5.2.1.1.3.1 Market Development 183 5.2.1.1.4 R&D Analysis 183 5.2.1.1.5 Analyst View 183 5.2.2 Umicore......................................................................................................184 5.2.2.1 Company Overview 184 5.2.2.1.1 Role of Umicore in the Global Black Mass Recycling Market................................184 5.2.2.1.2 Product Portfolio 184 5.2.2.1.3 Business Strategies 185 5.2.2.1.3.1 Market Development.......................................................................................185 5.2.2.1.4 Corporate Strategies 185 5.2.2.1.4.1 Partnerships, Collaborations, and Joint Ventures 185 5.2.2.1.5 R&D Analysis.........................................................................................................186 5.2.2.1.6 Analyst View 186
17 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 5.2.3 Tenova S.p.A..............................................................................................187 5.2.3.1 Company Overview .........................................................................................187 5.2.3.1.1 Role of Tenova S.p.A. in the Global Black Mass Recycling Market 187 5.2.3.1.2 Product Portfolio 187 5.2.3.1.3 Business Strategies 187 5.2.3.1.3.1 Market Development 187 5.2.3.1.4 Analyst View 188 5.2.4 Li–Cycle Corp. ...........................................................................................189 5.2.4.1 Company Overview 189 5.2.4.1.1 Role of Li–Cycle Corp. in the Global Black Mass Recycling Market 189 5.2.4.1.2 Product Portfolio.....................................................................................................189 5.2.4.1.3 Business Strategies 189 5.2.4.1.3.1 Market Development 189 5.2.4.1.4 Corporate Strategies..............................................................................................190 5.2.4.1.4.1 Partnerships, Collaborations, and Joint Ventures 190 5.2.4.1.5 R&D Analysis 190 5.2.4.1.6 Analyst View...........................................................................................................190 5.2.5 Lithion Recycling.......................................................................................192 5.2.5.1 Company Overview 192 5.2.5.1.1 Role of Lithion Recycling in the Global Black Mass Recycling Market..................192 5.2.5.1.2 Product Portfolio 192 5.2.5.1.3 Business Strategies 192 5.2.5.1.3.1 Market Development 192 5.2.5.1.4 Corporate Strategies 193 5.2.5.1.4.1 Partnerships, Collaborations, and Joint Ventures 193 5.2.5.1.5 Analyst View 194 5.2.6 AKKUSER...................................................................................................195 5.2.6.1 Company Overview 195 5.2.6.1.1 Role of AKKUSER in the Global Black Mass Recycling Market 195 5.2.6.1.2 Product Portfolio 195
18 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 5.2.6.1.3 Business Strategies 195 5.2.6.1.3.1 Market Development 195 5.2.6.1.4 Analyst View 196 5.2.7 Duesenfeld.................................................................................................197 5.2.7.1 Company Overview .........................................................................................197 5.2.7.1.1 Role of Duesenfeld in the Global Black Mass Recycling Market 197 5.2.7.1.2 Product Portfolio 197 5.2.7.1.3 Analyst View...........................................................................................................197 5.2.8 ELECTRA ...................................................................................................199 5.2.8.1 Company Overview 199 5.2.8.1.1 Role of ELECTRA in the Global Black Mass Recycling Market ............................199 5.2.8.1.2 Product Portfolio 199 5.2.8.1.3 Business Strategies 199 5.2.8.1.3.1 Market Development.......................................................................................199 5.2.8.1.4 Corporate Strategies 200 5.2.8.1.4.1.1 Partnerships, Collaborations, and Joint Ventures 200 5.2.8.1.5 Analyst View...........................................................................................................200 5.2.9 ROYALBEES..............................................................................................201 5.2.9.1 Company Overview 201 5.2.9.1.1 Role of ROYALBEES in the Black Mass Recycling Market...................................201 5.2.9.1.1.1 Product Portfolio 201 5.2.9.1.2 Analyst View 202 5.2.10 RUBAMIN 203 5.2.10.1 Company Overview 203 5.2.10.1.1 Role of RUBAMIN in the Global Black Mass Recycling Market 203 5.2.10.1.1.1Product Portfolio 203 5.2.10.1.2 Business Strategies 204 5.2.10.1.2.1Market Development 204 5.2.10.1.3 Analyst View 204 5.2.11 Aqua Metals Inc.........................................................................................205
19 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 5.2.11.1 Company Overview 205 5.2.11.1.1 Role of Aqua Metals Inc. in the Global Black Mass Recycling Market 205 5.2.11.1.2 Product Portfolio 205 5.2.11.1.3 Business Strategies 205 5.2.11.1.3.1Market Development 205 5.2.11.1.4 Corporate Strategies 206 5.2.11.1.4.1Partnerships, Collaborations, and Joint Ventures 206 5.2.11.1.5 R&D Analysis.........................................................................................................207 5.2.11.1.6 Analyst View 207 5.2.12 HYDROVOLT AS........................................................................................208 5.2.12.1 Company Overview .........................................................................................208 5.2.12.1.1 Role of HYDROVOLT AS in the Global Black Mass Recycling Market 208 5.2.12.1.2 Product Portfolio 208 5.2.12.1.3 Business Strategies ...............................................................................................209 5.2.12.1.3.1Market Development 209 5.2.12.1.4 Corporate Strategies 209 5.2.12.1.4.1Partnerships, Collaborations, and Joint Ventures ..........................................209 5.2.12.1.5 Analyst View 209 5.2.13 SungEel Hi-Tech. Co., Ltd.........................................................................210 5.2.13.1 Company Overview .........................................................................................210 5.2.13.1.1 Role of SungEel Hi-Tech. Co., Ltd. in the Global Black Mass Recycling Market 210 5.2.13.1.1.1Product Portfolio.............................................................................................210 5.2.13.1.2 Business Strategies 210 5.2.13.1.2.1Market Development 210 5.2.13.1.3 Corporate Strategies..............................................................................................211 5.2.13.1.3.1Partnerships, Collaborations, and Joint Ventures 211 5.2.13.1.4 Analyst View 211 5.2.14 ECOGRAF 212 5.2.14.1 Company Overview .........................................................................................212
20 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 5.2.14.1.1 Role of ECOGRAF in the Global Black Mass Recycling Market 212 5.2.14.1.2 Product Portfolio 212 5.2.14.1.3 Business Strategies 213 5.2.14.1.3.1Market Development 213 5.2.14.1.4 Corporate Strategies 213 5.2.14.1.4.1Partnerships, Collaborations, and Joint Ventures 213 5.2.14.1.5 Analyst View 213 5.2.15 Fortum........................................................................................................215 5.2.15.1 Company Overview 215 5.2.15.1.1 Role of Fortum in the Global Black Mass Recycling Market 215 5.2.15.1.2 Product Portfolio.....................................................................................................215 5.2.15.1.3 Business Strategies 216 5.2.15.1.3.1Market Development 216 5.2.15.1.4 Corporate Strategies..............................................................................................216 5.2.15.1.4.1Partnerships, Collaborations, and Joint Ventures 216 5.2.15.1.5 R&D Analysis 217 5.2.15.1.6 Analyst View...........................................................................................................217 5.2.16 Redux GmbH..............................................................................................218 5.2.16.1 Company Overview 218 5.2.16.1.1 Role of Redux GmbH in the Global Black Mass Recycling Market.......................218 5.2.16.1.2 Product Portfolio 218 5.2.16.1.3 Analyst View 218 5.2.17 Green Li-ion Pte Ltd. 219 5.2.17.1 Company Overview 219 5.2.17.1.1 Role of Green Li-ion Pte Ltd. in the Global Black Mass Recycling Market 219 5.2.17.1.2 Product Portfolio 219 5.2.17.1.3 Business Strategies 220 5.2.17.1.3.1Market Development 220 5.2.17.1.4 Analyst View 220 5.2.18 TATA Chemicals Ltd. ................................................................................221
21 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET 5.2.18.1 Company Overview 221 5.2.18.1.1 Role of TATA Chemicals Ltd. in the Global Black Mass Recycling Market 221 5.2.18.1.2 Product Portfolio 221 5.2.18.1.3 Analyst View 221 5.2.19 ATTERO......................................................................................................223 5.2.19.1 Company Overview 223 5.2.19.1.1 Role of ATTERO in the Global Black Mass Recycling Market 223 5.2.19.1.1.1Product Portfolio.............................................................................................223 5.2.19.1.2 Business Strategies 224 5.2.19.1.2.1Market Development 224 5.2.19.1.3 Analyst View...........................................................................................................224 5.2.20 Exigo Recycling Pvt. Ltd...........................................................................225 5.2.20.1 Company Overview 225 5.2.20.1.1 Role of Exigo Recycling Pvt. Ltd. in the Global Black Mass Recycling Market.....225 5.2.20.1.1.1Product Portfolio 225 5.2.20.1.2 Analyst View 225 6 Research Methodology ............................................................227 6.1 Primary Data Sources ...................................................................................227 6.2 Secondary Data Sources ..............................................................................227 6.3 Top-Down and Bottom-Up Approach...........................................................228 6.4 Assumptions and Limitations.......................................................................231
List of Figures
Figure 1: Black Mass Recycling Market Snapshot, $Million, 2021, 2022, and 2031
Figure 2: Black Mass Recycling Market (by Application), $Million, 2021 and 2031
Figure 3: Black Mass Recycling Market (by Battery Source), $Million, 2021 and 2031
Figure 4: Black Mass Recycling Market (by Technology), $Million, 2021 and 2031
Figure 5: Black Mass Recycling Market (by Recovered Metal), $Million, 2021 and 2031
Figure 6: Black Mass Recycling Market (by Region), $Million, 2021 and 2031
Figure 7: Black Mass Recycling Market Coverage
Figure 8: Supply Chain Analysis for Black Mass Recycling Market
Figure 9: Circular Lifecycle for Battery
Figure 10: Global Lithium-Ion Battery Recycling Market Snapshot
Figure 11: Black Mass Recycling Market: Business Dynamics
Figure 12: Share of Market Developments (by Company), January 2019-February 2023
Figure 13: Share of Partnerships, Collaborations, and Joint Ventures (by Company), January 2019February 2023
Figure 14: Global Patents Filed, January 2019-November 2022
Figure 15: Global Patents Filed, January 2019-November 2022
Figure 16: Average Price of Black Mass Recycling, $/Ton (by Region)
Figure 17: Competitive Positioning Matrix, 2021
Figure 18: Research Methodology
Figure 19: Top-Down and Bottom-Up Approach
Figure 20: Influencing Factors of the Black Mass Recycling Market
Figure 21: Assumptions and Limitations
22 All rights reserved at BIS Research Inc. BLACK MASS RECYCLING MARKET
