IDTechEx forecasts that by 2043, approximately 23.8 million tonnes of Li-ion batteries will be recycled, equivalent to US$101B in valuable metals. Li-ion batteries dominate electric vehicles (EV) and consumer electronics markets and are expected to be the main battery technology used in stationary energy storage.
However, the sustainability of Li-ion batteries relies on their entire lifecycle management, including at end-of-life (EOL). Furthermore, the availability of raw materials such as cobalt is becoming a growing concern. By recycling Li-ion batteries, it is possible to recover the embedded value of battery metals and establish a circular supply chain, creating revenues and allowing battery manufacturers to shield themselves against volatile commodity prices of battery materials. Stakeholders involved in the Li-ion battery supply chain are recognizing the potential of recycling, and the Li-ion battery recycling market is projected to grow significantly over the next twenty years.
This webinar, presented by Conrad Nichols, will give an overview of the Li-ion battery recycling industry, drawing upon research from IDTechEx's newly updated report "Li-ion Battery Recycling Market 2023-2043
This webinar will cover:
- Drivers and constraints of Li-ion battery recycling
- Value chain and economics of Li-ion battery recycling
- Policies and regulation overview in different regions
- Technologies used in this market, including hydrometallurgy, pyrometallurgy and direct recycling
- Introduction to market analysis and future global recycling facility expansions