세계의 블랙 매스 재활용 시장 : 공급원, 회수 재료, 처리 기술, 최종사용자별 - 예측(2025-2030년)

The Black Mass Recycling Market was valued at USD 12.73 billion in 2023 and is projected to grow to USD 13.99 billion in 2024, with a CAGR of 10.16%, reaching USD 25.08 billion by 2030.

In today's rapidly evolving industrial ecosystem, the process of black mass recycling stands out as a pivotal innovation in response to mounting environmental challenges and resource scarcity. This report introduces a detailed examination of black mass recycling - a vital procedure that transforms discarded battery components into valuable raw materials which can be reused in high-end manufacturing and technology applications.

The recycling process helps mitigate the adverse effects of battery waste, significantly reducing environmental harm by recuperating precious metals and other materials. With the exponential growth in the production and disposal of batteries across various industries, the need for a sustainable and efficient recycling strategy has never been more critical. Indeed, as regulations tighten and consumer demand for environmentally responsible practices escalates, black mass recycling has emerged as a key process that not only ensures compliance with global environmental standards but also provides new economic opportunities within the recycling sector.

The introduction of advanced technologies and innovative processing methods has redefined the recycling landscape, making the extraction and regeneration of resources more efficient. This introduction sets the stage for an in-depth exploration into the transformative shifts, segmentation insights, regional dynamics, and the leading players shaping the future of black mass recycling. In doing so, it bridges the gap between environmental stewardship and commercial opportunity, ensuring that industry leaders can navigate this complex but lucrative market with confidence.

Transformative Shifts in Recycling Landscape

Recent years have witnessed several transformative shifts in the recycling landscape, driven by both regulatory imperatives and technological breakthroughs. New processing techniques and a re-imagined framework for waste management have fundamentally restructured the black mass recycling ecosystem.

Central to these shifts is the evolution of processing technologies. Innovations in the mechanical, hydrometallurgical, pyrometallurgical, and even biotechnological methodologies have collectively reengineered the way raw materials are retrieved and refined. Enhanced efficiency in separating and processing hazardous materials has not only reduced operational costs but also minimized environmental liabilities. Additionally, these advancements have spurred improvements in the recovery rates of essential metals, thereby increasing overall yield and quality.

Another key transformative change is the growing alignment of recycling objectives with sustainability goals. As industries across the globe strive to minimize their ecological footprint, there is an increasing emphasis on circular economy principles. This has led to the integration of advanced recycling infrastructures into broader manufacturing and waste management systems. In turn, companies are now better positioned to accommodate stringent environmental regulations while simultaneously seizing new market opportunities.

Moreover, digital transformation including data analytics and process automation has ushered in a new era of transparency in recycling operations. These digital tools enhance traceability and enable real-time monitoring of the entire recycling chain, from collection to final processing. By capturing granular data and mapping the performance of various recycling processes, stakeholders can identify inefficiencies and optimize operations further. Such a multifaceted evolution defines the modern recycling landscape and underscores the importance of an agile and responsive approach to managing black mass recycling networks.

Key Segmentation Insights in Recycling

Understanding the underlying segmentation of the black mass recycling market is essential for dissecting the operational and strategic dynamics that drive industry growth. The market segmentation encompasses multiple detailed layers, starting with the source of the recycled material. This includes the careful study of battery types such as Lithium-ion Batteries, Nickel-cadmium Batteries, and Nickel-metal Hydride Batteries which contribute differently to the recycling feedstock. The distinction between these sources is fundamental as it influences not only the recycling strategy but also the overall recovery efficiency.

A second level of segmentation considers the type of material recovered during the recycling process. Here, every viable substance like Cobalt, Lithium, Manganese, and Nickel is evaluated. These materials vary widely in terms of economic value and the complexity involved in their extraction, directly impacting investment decisions and operational priorities. By focusing on these materials, companies can better align their processing methods to maximize yield and profitability.

The third segmentation dimension is centered on processing technology, which is subdivided into several critical categories. Biotechnological Processes focus on leveraging natural organisms to facilitate recovery, and these processes include stages such as Bioleaching and Bioreduction which have shown promising results in terms of sustainability and efficiency. The Hydrometallurgical Processes, on the other hand, include operations such as Leaching, Precipitation, and Solvent Extraction, where chemical reactions are meticulously controlled to isolate valuable metals. In parallel, Mechanical Recycling takes a physical approach with techniques like Separating, Shearing, and Shredding to segregate components before further processing. Finally, Pyrometallurgical Processes rely on high-temperature treatments and include Calcination, Smelting, and Thermal Treatment. Each method comes with its own set of advantages and limitations, and the selection of a particular technology often depends on the type and quality of the battery itself as well as the desired purity of the recovered materials.

The fourth segmentation involves an assessment based on end users. This perspective considers the demand from sectors such as the Automotive Industry, Battery Manufacturers, and Electronics Manufacturers. Each of these segments brings different needs and challenges; for instance, the automotive sector focuses on the sustainability and performance of high-energy storage systems, whereas battery and electronics manufacturers are more concerned with technological compatibility and cost-efficiency.

Together, these segmentation insights provide a robust framework that not only categorizes the market but also offers a granular understanding of the interplay between technology, resource type, and demand. This multi-dimensional analysis is crucial for strategizing long-term investments and operational adjustments in the evolving realm of black mass recycling.

Based on Source, market is studied across Lithium-ion Batteries, Nickel-cadmium Batteries, and Nickel-metal Hydride Batteries.

Based on Material Recovered, market is studied across Cobalt, Lithium, Manganese, and Nickel.

Based on Processing Technology, market is studied across Biotechnological Processes, Hydrometallurgical Processes, Mechanical Recycling, and Pyrometallurgical Processes. The Biotechnological Processes is further studied across Bioleaching and Bioreduction. The Hydrometallurgical Processes is further studied across Leaching, Precipitation, and Solvent Extraction. The Mechanical Recycling is further studied across Separating, Shearing, and Shredding. The Pyrometallurgical Processes is further studied across Calcination, Smelting, and Thermal Treatment.

Based on End Users, market is studied across Automotive Industry, Battery Manufacturers, and Electronics Manufacturers.

Regional Dynamics Impacting Recycling Growth

The global landscape for black mass recycling is characterized by distinct regional dynamics that influence market trends and operational strategies. In the Americas, a synthesis of regulatory initiatives and economic incentives has fostered a vibrant environment for recycling innovation. Here, public policies and state-backed projects encourage both startups and established firms to invest in state-of-the-art recycling processes, driving the implementation of sustainable practices. The convergence of government support and private investment creates an ecosystem where environmental protection and economic growth work hand in hand.

Across Europe, the Middle East, and Africa, stringent environmental regulations and an overarching commitment to sustainability serve as catalysts for industry transformation. In these regions, strategic collaboration between regulatory bodies and industry participants has led to the adoption of advanced recycling methods. These practices not only ensure compliance with strict environmental norms but also pave the way for a more resilient and circular economy. The region's progressive policies bolster investments in high-efficiency recycling technologies while also stimulating local research and innovation.

In the Asia-Pacific region, rapid industrialization and a highly competitive manufacturing sector have created an intense focus on ensuring the availability of raw materials through efficient recycling strategies. As consumer demand grows and market pressures mount, companies in this region are investing robustly in process automation and digital transformation to secure a competitive edge. The integration of advanced recycling technologies in Asia-Pacific is also influenced by a strong emphasis on cost-effectiveness and operational scalability, which are crucial in meeting the demands of a dynamic market.

Overall, these regional insights reveal diverse yet complementary approaches to black mass recycling. The distinct policies, market demands, and technological capabilities of each region play a crucial role in shaping the global recycling ecosystem, thereby driving the need for tailored strategic approaches in each geographic area.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Leading Companies Shaping Black Mass Recycling

A comprehensive analysis of market participants reveals a diverse landscape of companies that are heralding the next phase of black mass recycling. The market is influenced by a diverse array of industry leaders who are not only innovating but also setting benchmarks for sustainability and efficiency. Companies such as 3R Recycler and ACCUREC Recycling GmbH are recognized for their cutting-edge approaches to resource recovery, combining technical acumen with robust operational insights. Similarly, firms like Akkuser Oy and Aqua Metals, Inc. have been at the forefront of integrating novel processing methods that optimize both yield and environmental compliance.

Attero Recycling Pvt. Ltd. and Duesenfeld GmbH have also emerged as prominent players, known for their state-of-the-art recycling technologies and their commitment to advancing circular economy principles. Elcan Industries Inc. and Engitec Technologies Spa have further contributed to technological advancements in processing techniques, while Exigo Recycling Pvt. Ltd. and Fortum Corporation illustrate the power of large-scale industrial collaboration in refining sophisticated recycling processes.

In addition, companies including GEM Co., Ltd. and Glencore plc have made substantial investments in research and development, fostering innovations in material recovery and process optimization. Green Li-ion Pte Ltd. and InoBat have ventured into niche domains of battery recycling, aligning their strategic operations to meet specific industry demands. Meanwhile, Li-Cycle Corp. and Lithion Technologies Inc. have focused on scaling sustainable operations, ensuring that their recycling methodologies remain both economically viable and environmentally friendly.

From Neometals Ltd. and RecycLiCo Battery Materials Inc. to the broader operations of the Recyclus Group, Redwood Materials Inc., and the ReLiB project, industry leaders continue to evolve the market. Other significant contributors such as SNAM Groupe, Stena Metall AB, SungEel HiTech.Co.,Ltd, Tata Chemicals Limited, and UMICORE NV further enrich the industry landscape by pushing the boundaries of technological innovation and environmental responsibility. Each company, through its strategic initiatives and dedication to process improvement, is playing a crucial role in molding the future trajectory of black mass recycling.

The report delves into recent significant developments in the Black Mass Recycling Market, highlighting leading vendors and their innovative profiles. These include 3R Recycler, ACCUREC Recycling GmbH, Akkuser Oy, Aqua Metals, Inc., Attero Recycling Pvt. Lyd., Duesenfeld GmbH, Elcan Industries Inc., Engitec Technologies Spa, Exigo Recycling Pvt. Ltd., Fortum Corporation, GEM Co., Ltd., Glencore plc, Green Li-ion Pte Ltd., InoBat, Li-Cycle Corp., Lithion Technologies Inc., Neometals Ltd., RecycLiCo Battery Materials Inc, Recyclus Group, Redwood Materials Inc., ReLiB project, SNAM Groupe, Stena Metall AB, SungEel HiTech.Co.,Ltd, Tata Chemicals Limited, and UMICORE NV. Actionable Recommendations for Industry Leaders

For industry leaders navigating the evolving terrain of black mass recycling, several strategic recommendations can be distilled from the current market trends and technological advancements. First, it is imperative to adopt a forward-looking approach by investing in research and development to enhance recovery efficiencies across various processing technologies. Embracing innovations in biotechnological processes, hydrometallurgical methods, mechanical recycling, and pyrometallurgical techniques will be critical for staying ahead of regulatory curves and meeting high market demands.

Leaders should also focus on integrating digital transformation in their operations. Leveraging advanced analytics and automation will not only streamline processes but also optimize resource allocation and provide actionable insights into operational performance. Establishing real-time monitoring mechanisms can facilitate a more agile response to emerging challenges and market fluctuations.

Moreover, forming strategic partnerships with technological innovators, academic institutions, and regulatory bodies can catalyze the development of best practices and facilitate knowledge transfer. Collaborative efforts in pilot programs and joint ventures can unlock new potentials in recycling efficiency and resource recovery while mitigating operational risk.

It is equally important for decision-makers to maintain a customer-centric approach, ensuring that the benefits of recycled materials are translated into value across end-use sectors, be it automotive, electronics, or battery manufacturing. Emphasizing quality control and process standardization will build trust with downstream partners and help establish industry benchmarks.

Finally, proactive engagement in regional policy discussions and adherence to international sustainability standards will bolster an organization's reputation and facilitate smoother market entry. By aligning strategic investments with broader environmental and regulatory goals, industry leaders can secure a competitive advantage and foster long-term business resilience in an increasingly dynamic market.

Concluding Remarks on the Future of Recycling

In conclusion, black mass recycling represents a transformative opportunity at the intersection of environmental stewardship and industrial innovation. The synthesis of advanced processing technologies, detailed segmentation insights, and the diverse contributions of leading companies underscores a promising future marked by improved efficiency, sustainability, and economic viability. As stakeholders continue to adapt to a rapidly evolving landscape, there is an optimistic outlook that the convergence of technology and strategic investment will further elevate the role of recycling in fostering a circular economy. The collective industry momentum and regional harmonization of policies signal a robust roadmap for continued success and reinforcement of sustainable practices across the globe.

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Supportive government policies and subsidies to encourage battery recycling
    • 5.1.1.2. Growing adoption of electric vehicles worldwide
  • 5.1.2. Restraints
    • 5.1.2.1. High cost associated with lithium-ion battery recycling
  • 5.1.3. Opportunities
    • 5.1.3.1. Integration of artificial intelligence (AI) and advanced electrochemical techniques in black mass recycling
    • 5.1.3.2. Growing introduction of advanced lithium-ion battery recycling technologies
  • 5.1.4. Challenges
    • 5.1.4.1. Safety issues concerning the storage and transportation of spent batteries
• 5.2. Market Segmentation Analysis
  • 5.2.1. Source: Rising need to recycle Li-ion batteries to conserve resources and mitigate environmental hazards
  • 5.2.2. Material Recovered: Growing preference for cobalt recovery in electric vehicles and portable electronics.
  • 5.2.3. Processing Technology: Increasing demand for the black mass recycling technology for valuable metal recovery
  • 5.2.4. End Users: Rising integration of recycled black mass into production cycles by battery manufacturers
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Black Mass Recycling Market, by Source

• 6.1. Introduction
• 6.2. Lithium-ion Batteries
• 6.3. Nickel-cadmium Batteries
• 6.4. Nickel-metal Hydride Batteries

7. Black Mass Recycling Market, by Material Recovered

• 7.1. Introduction
• 7.2. Cobalt
• 7.3. Lithium
• 7.4. Manganese
• 7.5. Nickel

8. Black Mass Recycling Market, by Processing Technology

• 8.1. Introduction
• 8.2. Biotechnological Processes
  • 8.2.1. Bioleaching
  • 8.2.2. Bioreduction
• 8.3. Hydrometallurgical Processes
  • 8.3.1. Leaching
  • 8.3.2. Precipitation
  • 8.3.3. Solvent Extraction
• 8.4. Mechanical Recycling
  • 8.4.1. Separating
  • 8.4.2. Shearing
  • 8.4.3. Shredding
• 8.5. Pyrometallurgical Processes
  • 8.5.1. Calcination
  • 8.5.2. Smelting
  • 8.5.3. Thermal Treatment

9. Black Mass Recycling Market, by End Users

• 9.1. Introduction
• 9.2. Automotive Industry
• 9.3. Battery Manufacturers
• 9.4. Electronics Manufacturers

10. Americas Black Mass Recycling Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Black Mass Recycling Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. Philippines
• 11.9. Singapore
• 11.10. South Korea
• 11.11. Taiwan
• 11.12. Thailand
• 11.13. Vietnam

12. Europe, Middle East & Africa Black Mass Recycling Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Egypt
• 12.4. Finland
• 12.5. France
• 12.6. Germany
• 12.7. Israel
• 12.8. Italy
• 12.9. Netherlands
• 12.10. Nigeria
• 12.11. Norway
• 12.12. Poland
• 12.13. Qatar
• 12.14. Russia
• 12.15. Saudi Arabia
• 12.16. South Africa
• 12.17. Spain
• 12.18. Sweden
• 12.19. Switzerland
• 12.20. Turkey
• 12.21. United Arab Emirates
• 12.22. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2023
• 13.2. FPNV Positioning Matrix, 2023
• 13.3. Competitive Scenario Analysis
  • 13.3.1. Altilium's strategic expansion transforms lithium battery recycling with innovative circular model
  • 13.3.2. Liberty Recycling Solutions partners with Ermafa Environmental Technologies to unveil innovative automated process to transform lithium-ion battery waste into valuable resources
  • 13.3.3. Electra Battery Materials and Three Fires Group partner to transform lithium-ion recycling in Ontario
  • 13.3.4. Adionics introduces Flionex to transform battery recycling with sustainable high-purity lithium extraction from black mass
  • 13.3.5. American Battery Technology Company secures purchase agreement for recycled black mass
  • 13.3.6. LOHUM and Recyclus sign agreement to transform global black mass recycling and energy security
  • 13.3.7. Mitsui partners with VOLTA and Miracle Eternal to form a joint venture aimed at recycling lithium-ion batteries
  • 13.3.8. Green Li-ion pioneers North America's first black mass-to-pCAM plant to enhance battery recycling innovation
  • 13.3.9. Metastable Materials plans to expand its high-yield lithium-ion battery recycling capacity to transform high-yield battery recycling
  • 13.3.10. Hydrovolt and Fortum collaborate to improve Nordic battery recycling efficiency
  • 13.3.11. SungEel HiTech Co. partners with Emerson to enhance its lithium-ion battery recycling operation
  • 13.3.12. RecycLiCo transforms black mass recycling with new patents, securing global presence in sustainable lithium-ion solutions
  • 13.3.13. Black Mass Recycling's Halmstad facility produced first black mass of valuable metals
• 13.4. Strategy Analysis & Recommendation
  • 13.4.1. Fortum Corporation
  • 13.4.2. ACCUREC Recycling GmbH
  • 13.4.3. Umicore NV
  • 13.4.4. Glencore plc

Companies Mentioned

• 1. 3R Recycler
• 2. ACCUREC Recycling GmbH
• 3. Akkuser Oy
• 4. Aqua Metals, Inc.
• 5. Attero Recycling Pvt. Lyd.
• 6. Duesenfeld GmbH
• 7. Elcan Industries Inc.
• 8. Engitec Technologies Spa
• 9. Exigo Recycling Pvt. Ltd.
• 10. Fortum Corporation
• 11. GEM Co., Ltd.
• 12. Glencore plc
• 13. Green Li-ion Pte Ltd.
• 14. InoBat
• 15. Li-Cycle Corp.
• 16. Lithion Technologies Inc.
• 17. Neometals Ltd.
• 18. RecycLiCo Battery Materials Inc
• 19. Recyclus Group
• 20. Redwood Materials Inc.
• 21. ReLiB project
• 22. SNAM Groupe
• 23. Stena Metall AB
• 24. SungEel HiTech.Co.,Ltd
• 25. Tata Chemicals Limited
• 26. UMICORE NV