Black Mass Recycling Market Growth, Size, Trends, Revenue, Demand, Share and Future Outlook: SPER Market Research

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Published: Jan 2024	Report ID: CHEM2407	Pages: 1 - 227	Formats^*:
Category : Chemical & Materials

Black Mass Recycling Market Introduction and Overview

According to SPER Market Research, the Global Black Mass Recycling Market is estimated to reach USD 15.09 billion by 2033 with a CAGR of 19.39%.

The report includes an in-depth analysis of the Global Black Mass Recycling Market, including market size and trends, product mix, applications, and supplier analysis. The process of recycling spent batteries and battery manufacturing waste involves gathering, disassembling, and crushing the material to form black mass, which can be used to extract precious components including manganese, nickel, cobalt, and lithium. Black mass recycling has become more important as a supplement to the supply of virgin materials and as a way to reduce the carbon footprint of the battery supply chain.

February 2023; Umicore is bringing manganese-rich battery material technologies for electric vehicles to the mass market. The noteworthy accomplishment broadens Umicore's portfolio of NMC battery materials for high productivity and long-range electric vehicles.

September 2022; General Motors Co. and Lithion Recycling strategically invested in Lithion Recycling's Series A fundraising round to use Lithion Recycling's state-of-the-art battery recycling technology to create a circular battery ecosystem.

Market Opportunities and Challenges

Over the course of the forecast period, the growing popularity of electric vehicles is anticipated to propel the expansion of the global black mass recycling market. The rising use of electric vehicles is one of the main drivers of market expansion. Because EV batteries include a lot of precious components, recycling them is essential to the sustainability of the EV industry.

Black mass recycling uses sophisticated chemical processes to separate useful components from batteries; designing and implementing effective and cost-effective recycling methods can be challenging, and significant investment in R&D may be required. As a result, the environmental and technological challenge is a major restraint on the growth during the forecast period. Some recycling processes, especially pyrometallurgical ones, have negative effects on the environment.

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Market Competitive Landscape

In the Black Mass Recycling sector, a number of significant rivals are fighting for a sizable share of the market. Because there is an increasing need for environmentally friendly battery alternatives, the Black Mass Recycling Market has received more attention. The major players in the Global Black Mass Recycling Market include: AKKUSER, Aqua Metals Inc., ATTERO, BASF SE, Duesenfeld, ECOGRAF, ELECTRA, Exigo Recycling Pvt. Ltd., Fortum, Green Li-ion Pte Ltd. and others.

Scope of the Report:

Report Metric	Details
Market size available for years	2019-2033
Base year considered	2022
Forecast period	2023-2033
Segments covered	By Battery Source, By Technology, By Recovered Metal, By Application, By Battery Type
Regions covered	North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered	AKKUSER, Aqua Metals Inc., ATTERO, BASF SE, Duesenfeld, ECOGRAF, ELECTRA, Exigo Recycling Pvt. Ltd., Fortum, Green Li-ion Pte Ltd. and others.

COVID-19 Impact on Global Black Mass Recycling Market

The COVID-19 pandemic had an effect on the global black mass recycling market, limiting the expansion of the industry by reducing the demand for black mass powder and its processing. The closure of numerous manufacturing sites worldwide has resulted in the suspension of recycling facilities, making the recycling of obsolete lithium-ion batteries increasingly challenging. All the same, the black mass recycling market will benefit from government capital expenditure in the building sector and normalisation of business practices following COVID-19.

Key Target Audience:

Electronic Device Manufacturers
Battery Producers
Environmental Organisations
Electric Vehicle Manufacturers
Renewable Energy Companies
Investors

Our in-depth analysis of the Black Mass Recycling Market includes the following segments:

By Battery Source:	Automotive Batteries Industrial Batteries Portable Batteries
By Technology:	Hydrometallurgy Pyrometallurgy
By Recovered Metal:	Cobalt Copper Lithium Manganese Nickel
By Application:	Aerospace and Defence Automotive Construction Consumer Electronics Energy
By Battery Type:	Li-on Battery Nickel-Cobalt Manganese Battery Nickel-metal Hydride Battery

Key Topics Covered in the Report:

Global Black Mass Recycling Market Size (FY’2023-FY’2033)
Overview of Global Black Mass Recycling Market
Segmentation of Global Black Mass Recycling Market By Battery Source (Automotive Batteries, Industrial Batteries, Portable Batteries)
Segmentation of Global Black Mass Recycling Market By Technology (Hydrometallurgy, Pyrometallurgy)
Segmentation of Global Black Mass Recycling Market By Recovered Metal (Cobalt, Copper, Lithium, Manganese, Nickel)
Segmentation of Global Black Mass Recycling Market By Application (Aerospace and Defence, Automotive, Construction, Consumer Electronics, Energy)
Segmentation of Global Black Mass Recycling Market By Battery Type (Nickel-Cobalt Manganese Battery, Nickel-metal Hydride Battery)
Statistical Snap of Global Black Mass Recycling Market
Expansion Analysis of Global Black Mass Recycling Market
Problems and Obstacles in Global Black Mass Recycling Market
Competitive Landscape in the Global Black Mass Recycling Market
Impact of COVID-19 and Demonetization on Global Black Mass Recycling Market
Details on Current Investment in Global Black Mass Recycling Market
Competitive Analysis of Global Black Mass Recycling Market
Prominent Players in the Global Black Mass Recycling Market
SWOT Analysis of Global Black Mass Recycling Market
Global Black Mass Recycling Market Future Outlook and Projections (FY’2023-FY’2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Black Mass Recycling Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Black Mass Recycling Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Black Mass Recycling Market

7. Global Black Mass Recycling Market, By Battery Source (USD Million)

7.1. Global Black Mass Recycling Market Value Share and Forecast, By Battery Source, 2023-2033
7.2. Automotive Batteries
7.3. Industrial Batteries

7.4. Portable Batteries

8. Global Black Mass Recycling Market, By Technology (USD Million)

8.1. Global Black Mass Recycling Market Value Share and Forecast, By Technology, 2023-2033
8.2. Hydrometallurgy
8.3. Pyrometallurgy

9. Global Black Mass Recycling Market, By Recovered Metal (USD Million)

9.1. Global Black Mass Recycling Market Value Share and Forecast, By Recovered Metal, 2023-2033
9.2. Cobalt
9.3. Copper
9.4. Lithium
9.5. Manganese
9.6. Nickel

10. Global Black Mass Recycling Market, By Application (USD Million)

10.1. Global Black Mass Recycling Market Value Share and Forecast, By Application, 2023-2033
10.2. Aerospace and Defence
10.3. Automotive
10.4. Construction
10.5. Consumer Electronics
10.6. Energy

11. Global Black Mass Recycling Market, By Battery Type (USD Millions)

11.1. Global Black Mass Recycling Market Value Share and Forecast, By Battery Type, 2023-2033
11.2. Li-on Battery
11.3. Nickel-Cobalt Manganese Battery
11.4. Nickel-metal Hydride Battery

12. Global Black Mass Recycling Market Forecast, 2019-2033 (USD Million)

12.1. Global Black Mass Recycling Market Size and Market Share

13. Global Black Mass Recycling Market, By Battery Source 2019-2033 (USD Million)

13.1. Global Black Mass Recycling Market Size and Market Share By Battery source (2019-2026)
13.2. Global Black Mass Recycling Market Size and Market Share By Battery Source (2027-2033)

14. Global Black Mass Recycling Market, By Technology, 2019-2033 (USD Million)

14.1. Global Black Mass Recycling Market Size and Market Share By Technology (2019-2026)
14.2. Global Black Mass Recycling Market Size and Market Share By Technology (2027-2033)

15. Global Black Mass Recycling Market, By Recovered Metal, 2019-2033 (USD Million)

15.1. Global Black Mass Recycling Market Size and Market Share By Recovered Metal (2019-2026)
15.2. Global Black Mass Recycling Market Size and Market Share By Recovered Metal (2027-2033)

16. Global Black Mass Recycling Market, By Application, 2019-2033 (USD Million)

16.1. Global Black Mass Recycling Market Size and Market Share By Application (2019-2026)
16.2. Global Black Mass Recycling Market Size and Market Share By Application (2027-2033)

17. Global Black Mass Recycling Market, By Battery Type, 2019-2033 (USD Million)

17.1. Global Black Mass Recycling Market Size and Market Share By Battery Type (2019-2026)
17.2. Global Black Mass Recycling Market Size and Market Share By Battery Type (2027-2033)

18. Global Black Mass Recycling Market, By Region, 2019-2033 (USD Million)

18.1. Global Black Mass Recycling Market Size and Market Share By Region (2019-2026)
18.2. Global Black Mass Recycling Market Size and Market Share By Region (2027-2033)

18.3. Asia-Pacific
18.3.1. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America

19. Company Profile

19.1. AKKUSER
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Aqua Metals Inc.
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. ATTERO
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. BASF SE
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. Duesenfeld
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. ECOGRAF
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. ELECTRA
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Exigo Recycling Pvt. Ltd.
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. Fortum
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Green Li-ion Pte Ltd.
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. Others

20. List of Abbreviations

21. Reference Links

22. Conclusion

23. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report

What is the conclusion of the Black Mass Recycling Market?

How big is the Black Mass Recycling Market?

Black Mass Recycling Market is projected to reach USD 15.09 billion by 2033, growing at a CAGR of 19.39% during the forecast period.

What is the growth rate of the Black Mass Recycling Market?

Black Mass Recycling Market size from 2022. The Market is expected to reach USD 15.09 billion by 2033, at a CAGR of 19.39% during the forecast period.

What is the anticipated CAGR of the Black Mass Recycling Market?

Black Mass Recycling Market CAGR of 19.39% during the forecast period.

How can I get a sample report on the Black Mass Recycling Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the Europe Biopsy Devices Market?

Black Mass Recycling Market size is 15.09 billion from 2023 to 2033.

Which segment is expected to Black Mass Recycling Market?

Black Mass Recycling Market Segment is covered By Battery Source, By Technology, By Recovered Metal, By Application, By Battery Type.

Which region is expected to have the highest market share in the Black Mass Recycling Market?

The North America is anticipated to have the highest market share in the Black Mass Recycling Market.

Who are the key players in Black Mass Recycling Market?

"The key players in the market include Companies Covered AKKUSER, Aqua Metals Inc., ATTERO, BASF SE, Duesenfeld, ECOGRAF, ELECTRA, Exigo Recycling Pvt. Ltd., Fortum, Green Li-ion Pte Ltd. and others."