Setting

North America Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End Use, and Country: Trend Outlook and Growth Opportunity

Published: 26 Feb 2021 | Report Code: 10247891 | Pages: 103

North America EV battery reuse and recycling market is expected to grow by 52.2% annually in the forecast period and reach $1,148.5 million by 2027 driven by reducing battery waste and costly battery disposal, demand for electric vehicles, and focus on sustainable transportation. Highlighted with 24 tables and 44 figures, this 103-page report “North America Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End Use, and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire North America EV battery reuse and recycling market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2020 and provides forecast from 2021 till 2027 with 2020 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America EV battery reuse and recycling market in every aspect of the classification from perspectives of Category, Battery Type, EV Type, End Use, and Country. Based on Category, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section. Reuse of EV Batteries Recycling of EV Batteries • Hydro-metallurgical Process • Pyro-metallurgical Process • Other Processes Based on Battery Type, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section. • Lithium-ion Batteries • Nickel-metal Hydride Batteries • Lead-acid Batteries • Other Battery Types Based on EV Type, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section. • Battery Electric Vehicle (BEV) • Hybrid Electric Vehicle (HEV) • Plug-in Hybrid Electric Vehicle (PHEV) • Fuel Cell Electric Vehicle (FCEV) Based on End Use, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section. • Electric Cars • Electric Buses • Energy Storage Systems • Other End Uses Geographically, the following national/local markets are fully investigated: • U.S. • Canada • Mexico For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of key national markets by Category, Battery Type, and End Use over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in North America EV battery reuse and recycling market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): ACCUREC Recycling GmbH American Manganese Inc. Battery Solutions BMW AG G & P Service LI-CYCLE CORP. Nissan Motor Co. Ltd. Recupyl Retriev Technologies SITRASA SNAM S.A.S. Tesla Inc. Toshiba Corporation Umicore (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table Of Contents

1 Introduction	7
1.1 Industry Definition and Research Scope	7
1.1.1 Industry Definition	7
1.1.2 Research Scope	8
1.2 Research Methodology	11
1.2.1 Overview of Market Research Methodology	11
1.2.2 Market Assumption	12
1.2.3 Secondary Data	12
1.2.4 Primary Data	12
1.2.5 Data Filtration and Model Design	14
1.2.6 Market Size/Share Estimation	15
1.2.7 Research Limitations	16
1.3 Executive Summary	17
2 Market Overview and Dynamics	19
2.1 Market Size and Forecast	19
2.1.1 Impact of COVID-19 on World Economy	20
2.1.2 Impact of COVID-19 on the Market	23
2.2 Major Growth Drivers	25
2.3 Market Restraints and Challenges	30
2.4 Emerging Opportunities and Market Trends	33
2.5 Porter’s Fiver Forces Analysis	37
3 Segmentation of North America Market by Category	41
3.1 Market Overview by Category	41
3.2 Reuse of EV Batteries	43
3.3 Recycling of EV Batteries	44
3.3.1 Hydro-metallurgical Process	46
3.3.2 Pyro-metallurgical Process	47
3.3.3 Other Processes	48
4 Segmentation of North America Market by Battery Type	49
4.1 Market Overview by Battery Type	49
4.2 Lithium-ion Batteries	51
4.3 Nickel-metal Hydride Batteries	52
4.4 Lead-acid Batteries	53
4.5 Other Battery Types	54
5 Segmentation of North America Market by EV Type	55
5.1 Market Overview by EV Type	55
5.2 Battery Electric Vehicle (BEV)	57
5.3 Hybrid Electric Vehicle (HEV)	58
5.4 Plug-in Hybrid Electric Vehicle (PHEV)	59
5.5 Fuel Cell Electric Vehicle (FCEV)	60
6 Segmentation of North America Market by End Use	61
6.1 Market Overview by End Use	61
6.2 Electric Cars	63
6.3 Electric Buses	64
6.4 Energy Storage Systems	65
6.5 Other End Uses	66
7 North America Market 2020-2027 by Country	67
7.1 Overview of North America Market	67
7.2 U.S.	70
7.3 Canada	74
7.4 Mexico	76
8 Competitive Landscape	78
8.1 Overview of Key Vendors	78
8.2 New Product Launch, Partnership, Investment, and M&A	81
8.3 Company Profiles	82
ACCUREC Recycling GmbH	82
American Manganese Inc.	84
Battery Solutions	85
BMW AG	86
G & P Service	87
LI-CYCLE CORP.	88
Nissan Motor Co. Ltd.	89
Recupyl	90
Retriev Technologies	91
SITRASA	92
SNAM S.A.S.	93
Tesla Inc.	94
Toshiba Corporation	95
Umicore	96
9 Investing in North America Market: Risk Assessment and Management	97
9.1 Risk Evaluation of North America Market	97
9.2 Critical Success Factors (CSFs)	100
Related Reports and Products	103
List Of Tables

Table 1.  Snapshot of North America Electric Vehicle Battery Reuse and Recycling Market in Balanced Perspective, 2020-2027	18
Table 2. Growth Rate of World Real GDP, 2017-2021	21
Table 3.  Main Product Trends and Market Opportunities in North America Electric Vehicle Battery Reuse and Recycling Market	33
Table 4. North America Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn	41
Table 5. North America Electric Vehicle Battery Reuse and Recycling Market: Recycling of EV Batteries by Process, 2017-2027, $ mn	45
Table 6. North America Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn	49
Table 7. North America Electric Vehicle Battery Reuse and Recycling Market by EV Type, 2017-2027, $ mn	55
Table 8. North America Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn	61
Table 9. North America Electric Vehicle Battery Reuse and Recycling Market by Country, 2017-2027, $ mn	68
Table 10. U.S. Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn	72
Table 11. U.S. Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn	72
Table 12. U.S. Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn	72
Table 13. Canada Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn	75
Table 14. Canada Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn	75
Table 15. Canada Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn	75
Table 16. Mexico Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn	77
Table 17. Mexico Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn	77
Table 18. Mexico Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn	77
Table 19. ACCUREC Recycling GmbH: Company Snapshot	82
Table 20. ACCUREC Recycling GmbH: Business Segmentation	82
Table 21. ACCUREC Recycling GmbH: Product Portfolio	83
Table 22. ACCUREC Recycling GmbH: Revenue, 2017-2019, $ mn	83
Table 23.  Risk Evaluation for Investing in North America Market, 2020-2027	98
Table 24. Critical Success Factors and Key Takeaways	101
List Of Figures

Figure 1. Research Method Flow Chart	11
Figure 2. Breakdown of Primary Research	13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation	15
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027	17
Figure 5. North America Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn	19
Figure 6. Impact of COVID-19 on Business	23
Figure 7. Primary Drivers and Impact Factors of North America Electric Vehicle Battery Reuse and Recycling Market	25
Figure 8. World Electric Vehicle Market by Sales Value, 2019-2030, $ bn	28
Figure 9. World Electric Vehicle Market by Sales Volume, 2019-2030, million units	28
Figure 10. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, %	29
Figure 11. Primary Restraints and Impact Factors of North America Electric Vehicle Battery Reuse and Recycling Market	30
Figure 12. Investment Opportunity Analysis	34
Figure 13. Porter’s Fiver Forces Analysis of North America Electric Vehicle Battery Reuse and Recycling Market	37
Figure 14. Breakdown of North America Electric Vehicle Battery Reuse and Recycling Market by Category, 2020-2027, % of Revenue	41
Figure 15. Contribution to North America 2021-2027 Cumulative Revenue by Category, Value ($ mn) and Share (%)	42
Figure 16. North America Electric Vehicle Battery Reuse and Recycling Market: Reuse of EV Batteries, 2017-2027, $ mn	43
Figure 17. North America Electric Vehicle Battery Reuse and Recycling Market: Recycling of EV Batteries, 2017-2027, $ mn	44
Figure 18. North America Electric Vehicle Battery Reuse and Recycling Market: Hydro-metallurgical Process, 2017-2027, $ mn	46
Figure 19. North America Electric Vehicle Battery Reuse and Recycling Market: Pyro-metallurgical Process, 2017-2027, $ mn	47
Figure 20. North America Electric Vehicle Battery Reuse and Recycling Market: Other Processes, 2017-2027, $ mn	48
Figure 21. Breakdown of North America Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2020-2027, % of Revenue	49
Figure 22. Contribution to North America 2021-2027 Cumulative Revenue by Battery Type, Value ($ mn) and Share (%)	50
Figure 23. North America Electric Vehicle Battery Reuse and Recycling Market: Lithium-ion Batteries, 2017-2027, $ mn	51
Figure 24. North America Electric Vehicle Battery Reuse and Recycling Market: Nickel-metal Hydride Batteries, 2017-2027, $ mn	52
Figure 25. North America Electric Vehicle Battery Reuse and Recycling Market: Lead-acid Batteries, 2017-2027, $ mn	53
Figure 26. North America Electric Vehicle Battery Reuse and Recycling Market: Other Battery Types, 2017-2027, $ mn	54
Figure 27. Breakdown of North America Electric Vehicle Battery Reuse and Recycling Market by EV Type, 2020-2027, % of Revenue	55
Figure 28. Contribution to North America 2021-2027 Cumulative Revenue by EV Type, Value ($ mn) and Share (%)	56
Figure 29. North America Electric Vehicle Battery Reuse and Recycling Market: Battery Electric Vehicle (BEV), 2017-2027, $ mn	57
Figure 30. North America Electric Vehicle Battery Reuse and Recycling Market: Hybrid Electric Vehicle (HEV), 2017-2027, $ mn	58
Figure 31. North America Electric Vehicle Battery Reuse and Recycling Market: Plug-in Hybrid Electric Vehicle (PHEV), 2017-2027, $ mn	59
Figure 32. North America Electric Vehicle Battery Reuse and Recycling Market: Fuel Cell Electric Vehicle (FCEV), 2017-2027, $ mn	60
Figure 33. Breakdown of North America Electric Vehicle Battery Reuse and Recycling Market by End Use, 2020-2027, % of Revenue	61
Figure 34. Contribution to North America 2021-2027 Cumulative Revenue by End Use, Value ($ mn) and Share (%)	62
Figure 35. North America Electric Vehicle Battery Reuse and Recycling Market: Electric Cars, 2017-2027, $ mn	63
Figure 36. North America Electric Vehicle Battery Reuse and Recycling Market: Electric Buses, 2017-2027, $ mn	64
Figure 37. North America Electric Vehicle Battery Reuse and Recycling Market: Energy Storage Systems, 2017-2027, $ mn	65
Figure 38. North America Electric Vehicle Battery Reuse and Recycling Market: Other End Uses, 2017-2027, $ mn	66
Figure 39. Breakdown of North America Electric Vehicle Battery Reuse and Recycling Market by Country, 2020 and 2027, % of Revenue	68
Figure 40. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%)	69
Figure 41. U.S. Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn	71
Figure 42. Canada Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn	74
Figure 43.  Electric Vehicle Battery Reuse and Recycling Market in Mexico, 2017-2027, $ mn	76
Figure 44. Growth Stage of North America Electric Vehicle Battery Reuse and Recycling Industry over the Forecast Period	78
Key Players (this may not be a complete list and extra companies can be added upon request): 
ACCUREC Recycling GmbH
American Manganese Inc.
Battery Solutions
BMW AG
G & P Service
LI-CYCLE CORP.
Nissan Motor Co. Ltd.
Recupyl
Retriev Technologies
SITRASA
SNAM S.A.S.
Tesla Inc.
Toshiba Corporation
Umicore