RECYCLED BATTERY CATHODE MATERIAL MARKET

INTRODUCTION

Battery recycling is the technique of reusing and reprocessing batteries with the goal of minimising the amount of batteries disposed away as material waste.

Batteries contain a number of toxic compounds and heavy metals, and the contamination of soil and water caused by their disposal has raised environmental concerns. Recycling can assist in removing the raw ingredients from used batteries and sending them to businesses that manufacture products for reuse. This lowers the price of fresh batteries as well.

Therefore, recycling simultaneously saves resources, lowers pollution, and boosts the economy. Depending on the size of the battery, either a shredder or a high-speed hammer is used to reveal the contents. Following that, caustic (basic, not acidic) water is poured over the contents. The ferrous and electrolytes are neutralised by this caustic solution.

 Lithium is added to a multi-metal oxide substance that is composed of cobalt, nickel, and manganese in the crystal structure of cathode materials. This battery family consists of a wide range of devices that meet various user demands for high energy density and/or high load capacity.

Materials Appropriate for Cathodes Because they have a useful working voltage as well, metallic oxides are ideal cathode materials. These consist of graphic oxide, copper oxide, and lithium oxide.

Lithium and metal are the main ingredients in cathode active materials. Depending on the type and proportion of metals, active materials exhibit a variety of properties. Examples include Ni (Nickel), Mn (Manganese), and Co (Cobalt), which have excellent safety, and Al (Aluminum), which boosts a battery's power.

RECYCLED BATTERY CATHODE MATERIAL MARKET SIZE AND FORECAST

The Global Recycled battery cathode material market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

RECYCLED BATTERY CATHODE MATERIAL MARKET RECENT DEVELOPMENT

The recycling technique, which was just published in Green Chemistry, can be used to recover and restore lithium cobalt oxide, a chemical that is frequently used in consumer electronics like smartphones and laptops.

The technique also applies to NMC, a popular lithium cathode made of nickel, manganese, and cobalt and found in the majority of electric cars.

First, cathode particles from used lithium ion batteries must be collected. The cathode particles are then pressurised in a hot, alkaline solution that contains lithium salt; this solution can be recycled and used again to treat more batches. The particles next undergo a brief annealing procedure in which they are heated to 800 C and then progressively cooled.

RECYCLED BATTERY CATHODE MATERIAL MARKET COMPANY PROFILES

• BASF Catalysts
• Umicore
• Nichia
• ExxonMobil
• Johnson Matthey

THIS RECYCLED BATTERY CATHODE MATERIAL MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many  Recycled Battery Cathode Materialare manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a  Global  Recycled Battery Cathode Materialand key vendor selection criteria
3. Where is the  Recycled Battery Cathode Material manufactured? What is the average margin per unit?
4. Market share of Global  Recycled Battery Cathode Material market  manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global  Recycled Battery Cathode Materialin-house
6. 5 key predictions for next 5 years in Global  Recycled Battery Cathode Materialmarket
7. Average B-2-B  Recycled Battery Cathode Material market price in all segments
8. Latest trends in  Recycled Battery Cathode Material market, by every market segment
9. The market size (both volume and value) of the  Recycled Battery Cathode Material market in 2024-2030 and every year in between?
10. Production breakup of  Recycled Battery Cathode Material market, by suppliers and their OEM relationship