PUBLISHER: SNE Research | PRODUCT CODE: 1062806
PUBLISHER: SNE Research | PRODUCT CODE: 1062806
Notice: The original report is written in Korean. Please ask us for more information regarding delivery time.
As electric vehicles are getting popularized, concerns about waste batteries by governments and businesses are also growing. Each government is implementing related regulations due to environmental problems and explosion risk caused by heavy metals and toxic gases if waste batteries are not properly processed. Relevant companies are also trying to recycle waste batteries from the perspective of raw material supply and looking for new business opportunities in reuse applications.
Recently there are growing needs for processing waste batteries such as end-of-life batteries and recalled batteries generated by countries where electric vehicles were rolled out early on. And also more partnerships are being made between recycling companies and OEM/cell/material companies, due to increase in price of raw materials. Lots of activities are taking place in the industry.
This report is composed of 6 chapters. Chapter 1~2 deal with the recycling/reuse market outlook and chapter 3~6 regulations, technology overview, economic evaluation and market players. In chapter 1~2, forecast till 2030 for elcetric vehicles, batteries, cathode materials and usage of metals is produced by sales data of electric vehicles aggregated and predicted by SNE Research. Based on this forecast, the market of scrap cars, waste batteries, reuse and recycling is forecasted till 2040. Chapters 3-6 describe issues related to waste batteries through expert interviews and examination of industrial data.