Japan Battery Recycling Market Report by Type, Source, End Use, Material, and Region 2024-2032

Description

Japan battery recycling market size reached US$ 923 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,395 Million by 2032, exhibiting a growth rate (CAGR) of 11.18% during 2024-2032. The market is being driven by the increasing popularity of electric vehicles (EVs) as a sustainable mode of transportation, a growing emphasis on environmental sustainability, and rising concerns regarding the scarcity of resources.

Battery recycling involves the practice of repurposing materials found in used batteries, including metals, plastics, and electrolytes, with the aim of reducing environmental harm and preserving valuable resources. This typically involves a series of steps such as sorting, disassembling, and treating batteries to recover important metals like lithium, cobalt, and nickel. This process is vital in preventing the potential release of harmful substances into the environment. Given its significant role in promoting sustainability, waste reduction, and contributing to a circular economy by extending the useful life of valuable resources, the demand for battery recycling is on the rise.

Japan Battery Recycling Market Trends:

The Japan market primarily thrives due to the surging demand for hybrid and electric vehicles (EVs) on a wide scale. Correspondingly, the Japanese government, alongside various other nations, has made significant investments in EV manufacturing while implementing incentive programs to boost their widespread adoption. Additionally, strict governmental regulations concerning battery disposal, coupled with growing apprehensions surrounding battery waste management and a heightened emphasis on sustainable practices, are bolstering market growth. Furthermore, there is an increasing reliance on recycled batteries within Japan's consumer electronics sector. These batteries serve as integral components in the production of smartphones, power tools, laptops, gaming consoles, and remote-control units, which is acting as another significant growth-inducing factor. Besides this, the integration of robotics technology to enhance metal recovery rates stands as another pivotal driver of growth. Moreover, the limited availability of raw materials for lithium-ion battery production further encourages the recycling of discarded batteries. Additional factors influencing market growth encompass rapid industrialization, technological advancements in EV battery recycling, the introduction of visually appealing battery designs, and extensive research and development (R&D) initiatives undertaken by industry players to promote innovation in battery recycling practices. They are expected to fuel the regional market in the coming years.

Japan Battery Recycling Market Segmentation:

Type Insights:

Lead-acid Batteries
Nickel-based Batteries
Lithium-based Batteries
Others

Source Insights:

Industrial
Automotive
Consumer Products
Electronic Appliances
Others

End Use Insights:

Reuse
Repackaging
Extraction
Others

Material Insights:

Manganese
Iron
Lithium
Nickel
Cobalt
Lead
Aluminium
Others

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Key Questions Answered in This Report:

How has the Japan battery recycling market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Japan battery recycling market?
What is the breakup of the Japan battery recycling market on the basis of type?
What is the breakup of the Japan battery recycling market on the basis of source?
What is the breakup of the Japan battery recycling market on the basis of end use?
What is the breakup of the Japan battery recycling market on the basis of material?
What are the various stages in the value chain of the Japan battery recycling market?
What are the key driving factors and challenges in the Japan battery recycling?
What is the structure of the Japan battery recycling market and who are the key players?
What is the degree of competition in the Japan battery recycling market?

Product Code: SR112024A18306

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Japan Battery Recycling Market - Introduction

4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence

5 Japan Battery Recycling Market Landscape

5.1 Historical and Current Market Trends (2018-2023)
5.2 Market Forecast (2024-2032)

6 Japan Battery Recycling Market - Breakup by Type

6.1 Lead-acid Batteries
- 6.1.1 Overview
- 6.1.2 Historical and Current Market Trends (2018-2023)
- 6.1.3 Market Forecast (2024-2032)
6.2 Nickel-based Batteries
- 6.2.1 Overview
- 6.2.2 Historical and Current Market Trends (2018-2023)
- 6.2.3 Market Forecast (2024-2032)
6.3 Lithium-based Batteries
- 6.3.1 Overview
- 6.3.2 Historical and Current Market Trends (2018-2023)
- 6.3.3 Market Forecast (2024-2032)
6.4 Others
- 6.4.1 Historical and Current Market Trends (2018-2023)
- 6.4.2 Market Forecast (2024-2032)

7 Japan Battery Recycling Market - Breakup by Source

7.1 Industrial
- 7.1.1 Overview
- 7.1.2 Historical and Current Market Trends (2018-2023)
- 7.1.3 Market Forecast (2024-2032)
7.2 Automotive
- 7.2.1 Overview
- 7.2.2 Historical and Current Market Trends (2018-2023)
- 7.2.3 Market Forecast (2024-2032)
7.3 Consumer Products
- 7.3.1 Overview
- 7.3.2 Historical and Current Market Trends (2018-2023)
- 7.3.3 Market Forecast (2024-2032)
7.4 Electronic Appliances
- 7.4.1 Overview
- 7.4.2 Historical and Current Market Trends (2018-2023)
- 7.4.3 Market Forecast (2024-2032)
7.5 Others
- 7.5.1 Historical and Current Market Trends (2018-2023)
- 7.5.2 Market Forecast (2024-2032)

8 Japan Battery Recycling Market - Breakup by End Use

8.1 Reuse
- 8.1.1 Overview
- 8.1.2 Historical and Current Market Trends (2018-2023)
- 8.1.3 Market Forecast (2024-2032)
8.2 Repackaging
- 8.2.1 Overview
- 8.2.2 Historical and Current Market Trends (2018-2023)
- 8.2.3 Market Forecast (2024-2032)
8.3 Extraction
- 8.3.1 Overview
- 8.3.2 Historical and Current Market Trends (2018-2023)
- 8.3.3 Market Forecast (2024-2032)
8.4 Others
- 8.4.1 Historical and Current Market Trends (2018-2023)
- 8.4.2 Market Forecast (2024-2032)

9 Japan Battery Recycling Market - Breakup by Material

9.1 Manganese
- 9.1.1 Overview
- 9.1.2 Historical and Current Market Trends (2018-2023)
- 9.1.3 Market Forecast (2024-2032)
9.2 Iron
- 9.2.1 Overview
- 9.2.2 Historical and Current Market Trends (2018-2023)
- 9.2.3 Market Forecast (2024-2032)
9.3 Lithium
- 9.3.1 Overview
- 9.3.2 Historical and Current Market Trends (2018-2023)
- 9.3.3 Market Forecast (2024-2032)
9.4 Nickel
- 9.4.1 Overview
- 9.4.2 Historical and Current Market Trends (2018-2023)
- 9.4.3 Market Forecast (2024-2032)
9.5 Cobalt
- 9.5.1 Overview
- 9.5.2 Historical and Current Market Trends (2018-2023)
- 9.5.3 Market Forecast (2024-2032)
9.6 Lead
- 9.6.1 Overview
- 9.6.2 Historical and Current Market Trends (2018-2023)
- 9.6.3 Market Forecast (2024-2032)
9.7 Aluminium
- 9.7.1 Overview
- 9.7.2 Historical and Current Market Trends (2018-2023)
- 9.7.3 Market Forecast (2024-2032)
9.8 Others
- 9.8.1 Historical and Current Market Trends (2018-2023)
- 9.8.2 Market Forecast (2024-2032)

10 Japan Battery Recycling Market - Competitive Landscape

10.1 Overview
10.2 Market Structure
10.3 Market Player Positioning
10.4 Top Winning Strategies
10.5 Competitive Dashboard
10.6 Company Evaluation Quadrant

11 Profiles of Key Players

11.1 Company A
- 11.1.1 Business Overview
- 11.1.2 Product Portfolio
- 11.1.3 Business Strategies
- 11.1.4 SWOT Analysis
- 11.1.5 Major News and Events
11.2 Company B
- 11.2.1 Business Overview
- 11.2.2 Product Portfolio
- 11.2.3 Business Strategies
- 11.2.4 SWOT Analysis
- 11.2.5 Major News and Events
11.3 Company C
- 11.3.1 Business Overview
- 11.3.2 Product Portfolio
- 11.3.3 Business Strategies
- 11.3.4 SWOT Analysis
- 11.3.5 Major News and Events
11.4 Company D
- 11.4.1 Business Overview
- 11.4.2 Product Portfolio
- 11.4.3 Business Strategies
- 11.4.4 SWOT Analysis
- 11.4.5 Major News and Events
11.5 Company E
- 11.5.1 Business Overview
- 11.5.2 Product Portfolio
- 11.5.3 Business Strategies
- 11.5.4 SWOT Analysis
- 11.5.5 Major News and Events

12 Japan Battery Recycling Market - Industry Analysis

12.1 Drivers, Restraints, and Opportunities
- 12.1.1 Overview
- 12.1.2 Drivers
- 12.1.3 Restraints
- 12.1.4 Opportunities
12.2 Porters Five Forces Analysis
- 12.2.1 Overview
- 12.2.2 Bargaining Power of Buyers
- 12.2.3 Bargaining Power of Suppliers
- 12.2.4 Degree of Competition
- 12.2.5 Threat of New Entrants
- 12.2.6 Threat of Substitutes
12.3 Value Chain Analysis