Global Automotive Ternary Lithium Battery Recycling Industry

2023-2029 Global Automotive Ternary Lithium Battery Recycling Industry Research & Trends Analysis Report

Global Automotive Ternary Lithium Battery Recycling Industry

2023-2029 Global Automotive Ternary Lithium Battery Recycling Industry Research & Trends Analysis Report

Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!

There are many kinds of cathode materials for lithium ion batteries, mainly including lithium cobalate, lithium manganate, lithium nickel oxide, ternary materials, lithium iron phosphate, etc. The ternary polymer lithium battery refers to the lithium battery whose cathode materials are lithium nickel cobalt manganese or lithium nickel cobalt aluminate ternary cathode materials. This report studies the recycling of ternary lithium batteries for automotives.

This report aims to provide a comprehensive study of the global market for Automotive Ternary Lithium Battery Recycling.
Report Highlights:

(1) Global Automotive Ternary Lithium Battery Recycling market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Automotive Ternary Lithium Battery Recycling market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Automotive Ternary Lithium Battery Recycling market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Automotive Ternary Lithium Battery Recycling segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Automotive Ternary Lithium Battery Recycling segment by type and by application and regional segment by type and by application.

(6) Automotive Ternary Lithium Battery Recycling industry supply chain, upstream, midstream and downstream analysis.

According to Latest Research, the global market for Automotive Ternary Lithium Battery Recycling should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

China Automotive Ternary Lithium Battery Recycling market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

The United States Automotive Ternary Lithium Battery Recycling market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

In terms of type, Nickel Cobalt Lithium Manganese Oxide Battery(NCM) Recycling segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Passenger Cars has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.

The global key manufacturers of Automotive Ternary Lithium Battery Recycling include Umicore, Battery Resourcers, LG Corporation, SungEel HiTech, Green Eco－Manufacture, Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.), Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan), Zhejiang Huayou Cobalt Co., Ltd. and Tianjin Saidemi New Energy Technology Co., Ltd., etc. In 2022, the global top five players hold a share approximately % in terms of revenue.


Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa


By Product Type, the market is primarily segmented into:

Nickel Cobalt Lithium Manganese Oxide Battery(NCM) Recycling

Nickel Cobalt Lithium Aluminate Battery(NCA) Recycling


By Applications, the market is segmented into:

Passenger Cars

Commercial Vehicles


Key Players Driving the Market:

Umicore

Battery Resourcers

LG Corporation

SungEel HiTech

Green Eco－Manufacture

Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.)

Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan)

Zhejiang Huayou Cobalt Co., Ltd.

Tianjin Saidemi New Energy Technology Co., Ltd.

Zhejiang Guanghua Technology Co.,ltd.

1 Market Overview

1.1 Product Overview and Scope of Automotive Ternary Lithium Battery Recycling

1.2 Global Automotive Ternary Lithium Battery Recycling Market Size and Forecast

1.3 China Automotive Ternary Lithium Battery Recycling Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Automotive Ternary Lithium Battery Recycling Share in Global Market, 2018-2029

1.4.2 Automotive Ternary Lithium Battery Recycling Market Size: China VS Global, 2018-2029

1.5 Automotive Ternary Lithium Battery Recycling Market Dynamics

1.5.1 Automotive Ternary Lithium Battery Recycling Market Drivers

1.5.2 Automotive Ternary Lithium Battery Recycling Market Restraints

1.5.3 Automotive Ternary Lithium Battery Recycling Industry Trends

1.5.4 Automotive Ternary Lithium Battery Recycling Industry Policy

2 Global Competitive Situation by Company

2.1 Global Automotive Ternary Lithium Battery Recycling Revenue by Company (2018-2023)

2.2 Global Automotive Ternary Lithium Battery Recycling Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Automotive Ternary Lithium Battery Recycling Concentration Ratio

2.4 Global Automotive Ternary Lithium Battery Recycling Mergers & Acquisitions, Expansion Plans

2.5 Global Automotive Ternary Lithium Battery Recycling Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Automotive Ternary Lithium Battery Recycling Revenue by Company (2018-2023)

3.2 China Automotive Ternary Lithium Battery Recycling Automotive Ternary Lithium Battery Recycling Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Automotive Ternary Lithium Battery Recycling, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Automotive Ternary Lithium Battery Recycling Industry Chain

4.2 Automotive Ternary Lithium Battery Recycling Upstream Analysis

4.3 Automotive Ternary Lithium Battery Recycling Midstream Analysis

4.4 Automotive Ternary Lithium Battery Recycling Downstream Analysis

5 Sights by Type

5.1 Automotive Ternary Lithium Battery Recycling Classification

5.1.1 Nickel Cobalt Lithium Manganese Oxide Battery(NCM) Recycling

5.1.2 Nickel Cobalt Lithium Aluminate Battery(NCA) Recycling

5.2 By Type, Global Automotive Ternary Lithium Battery Recycling Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Automotive Ternary Lithium Battery Recycling Revenue, 2018-2029

6 Sights by Application

6.1 Automotive Ternary Lithium Battery Recycling Segment by Application

6.1.1 Passenger Cars

6.1.2 Commercial Vehicles

6.2 By Application, Global Automotive Ternary Lithium Battery Recycling Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Automotive Ternary Lithium Battery Recycling Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Automotive Ternary Lithium Battery Recycling Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

7.3 North America

7.3.1 North America Automotive Ternary Lithium Battery Recycling Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Automotive Ternary Lithium Battery Recycling Market Size Market Share

7.4 Europe

7.4.1 Europe Automotive Ternary Lithium Battery Recycling Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Automotive Ternary Lithium Battery Recycling Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Automotive Ternary Lithium Battery Recycling Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Automotive Ternary Lithium Battery Recycling Market Size Market Share

7.6 South America

7.6.1 South America Automotive Ternary Lithium Battery Recycling Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Automotive Ternary Lithium Battery Recycling Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Automotive Ternary Lithium Battery Recycling Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.3.2 By Company, U.S. Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.4.2 By Company, Europe Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.5.2 By Company, China Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.5.3 By Type, China Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.6.2 By Company, Japan Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.7.2 By Company, South Korea Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.9.2 By Company, India Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.9.3 By Type, India Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Automotive Ternary Lithium Battery Recycling Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Automotive Ternary Lithium Battery Recycling Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 Umicore

9.1.1 Umicore Company Information, Head Office, Market Area and Industry Position

9.1.2 Umicore Company Profile and Main Business

9.1.3 Umicore Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.1.4 Umicore Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.1.5 Umicore Recent Developments

9.2 Battery Resourcers

9.2.1 Battery Resourcers Company Information, Head Office, Market Area and Industry Position

9.2.2 Battery Resourcers Company Profile and Main Business

9.2.3 Battery Resourcers Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.2.4 Battery Resourcers Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.2.5 Battery Resourcers Recent Developments

9.3 LG Corporation

9.3.1 LG Corporation Company Information, Head Office, Market Area and Industry Position

9.3.2 LG Corporation Company Profile and Main Business

9.3.3 LG Corporation Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.3.4 LG Corporation Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.3.5 LG Corporation Recent Developments

9.4 SungEel HiTech

9.4.1 SungEel HiTech Company Information, Head Office, Market Area and Industry Position

9.4.2 SungEel HiTech Company Profile and Main Business

9.4.3 SungEel HiTech Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.4.4 SungEel HiTech Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.4.5 SungEel HiTech Recent Developments

9.5 Green Eco－Manufacture

9.5.1 Green Eco－Manufacture Company Information, Head Office, Market Area and Industry Position

9.5.2 Green Eco－Manufacture Company Profile and Main Business

9.5.3 Green Eco－Manufacture Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.5.4 Green Eco－Manufacture Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.5.5 Green Eco－Manufacture Recent Developments

9.6 Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.)

9.6.1 Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.) Company Information, Head Office, Market Area and Industry Position

9.6.2 Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.) Company Profile and Main Business

9.6.3 Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.) Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.6.4 Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.) Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.6.5 Contemporary Amperex Technology Co. Limited(Guangdong Bangpu Cycle Technology Co., Ltd.) Recent Developments

9.7 Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan)

9.7.1 Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan) Company Information, Head Office, Market Area and Industry Position

9.7.2 Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan) Company Profile and Main Business

9.7.3 Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan) Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.7.4 Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan) Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.7.5 Guoxuan High-Tech Co.,Ltd.(Anhui Jinxuan) Recent Developments

9.8 Zhejiang Huayou Cobalt Co., Ltd.

9.8.1 Zhejiang Huayou Cobalt Co., Ltd. Company Information, Head Office, Market Area and Industry Position

9.8.2 Zhejiang Huayou Cobalt Co., Ltd. Company Profile and Main Business

9.8.3 Zhejiang Huayou Cobalt Co., Ltd. Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.8.4 Zhejiang Huayou Cobalt Co., Ltd. Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.8.5 Zhejiang Huayou Cobalt Co., Ltd. Recent Developments

9.9 Tianjin Saidemi New Energy Technology Co., Ltd.

9.9.1 Tianjin Saidemi New Energy Technology Co., Ltd. Company Information, Head Office, Market Area and Industry Position

9.9.2 Tianjin Saidemi New Energy Technology Co., Ltd. Company Profile and Main Business

9.9.3 Tianjin Saidemi New Energy Technology Co., Ltd. Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.9.4 Tianjin Saidemi New Energy Technology Co., Ltd. Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.9.5 Tianjin Saidemi New Energy Technology Co., Ltd. Recent Developments

9.10 Zhejiang Guanghua Technology Co.,ltd.

9.10.1 Zhejiang Guanghua Technology Co.,ltd. Company Information, Head Office, Market Area and Industry Position

9.10.2 Zhejiang Guanghua Technology Co.,ltd. Company Profile and Main Business

9.10.3 Zhejiang Guanghua Technology Co.,ltd. Automotive Ternary Lithium Battery Recycling Models, Specifications and Application

9.10.4 Zhejiang Guanghua Technology Co.,ltd. Automotive Ternary Lithium Battery Recycling Revenue and Gross Margin, 2018-2023

9.10.5 Zhejiang Guanghua Technology Co.,ltd. Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Tables & Figures:
Show more
Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global Automotive Ternary Lithium Battery Recycling Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the major concern of the players in the Global Automotive Ternary Lithium Battery Recycling Market?
As manufacturers prepare to scale up, Global Automotive Ternary Lithium Battery Recycling companies must be clear and transparent about the impact of such volatility on the balance sheet.
What are the major applications for Global Automotive Ternary Lithium Battery Recycling?
Global Automotive Ternary Lithium Battery Recycling has a wide range of applications, including and others.
How big is the Global Automotive Ternary Lithium Battery Recycling Market by 2030?
It is expected that the Global Automotive Ternary Lithium Battery Recycling Market will reach USD XX million by 2030.
What are the underlying opportunities in the Global Automotive Ternary Lithium Battery Recycling Market?
The influx of capital into the Global Automotive Ternary Lithium Battery Recycling Market, as well as the deployment of technologies designed to increase efficiency and yield high volume, are paving the way for promising market opportunities.
What makes the latest Global Automotive Ternary Lithium Battery Recycling Market study unique?
The latest version of the Global Automotive Ternary Lithium Battery Recycling Market study includes a market size breakdown by relevant business segments, applications, and geography, as well as qualitative insights such as Patent Analysis*, Market Entropy, Key Development Activities, Market Dynamics, PEST and PORTER models, and more.