top of page

Lithuim Battery Recycling Benefits.

Updated: Dec 9, 2022

The India lithium-ion battery market was valued at USD 1.66 billion in 2020, and is expected to reach USD 4.85 billion by 2027, registering a CAGR of 17.23% during the forecast period, 2022-2027. The COVID-19 restrictions had a negative impact on raw materials such as lead, whose demand saw a sharp drop in 2020, thus, adversely affecting lithium-ion battery manufacturers in India. According to the International Trade Center, the import value of lithium-ion accumulators decreased from US$1.29 billion in 2019 to US$1.05 billion in 2020. Factors such as the fall in lithium-ion battery prices as well as the emergence of new and exciting markets, viz. Electric vehicles and energy storage systems (ESS), for both commercial and residential applications, are expected to be the major drivers for the lithium-ion battery market in India. However, lack of reserves of the key raw material required to manufacture lithium-ion batteries is expected to challenge the local production and market for lithium-ion batteries in the country.

The portable segment is expected to be the largest segment in the Indian lithium-ion battery market during the forecast period.

Increasing recycling activities of lithium-ion batteries in the country is expected to secure the supply of raw materials such as lithium and cobalt, and reduced dependence on extraction and refining from mineral resources is expected to create significant opportunities for India's lithium-ion battery market. is likely to. Future.

India's plan to drive the adoption of electric vehicles to drive the lithium-ion battery market in India.

What is the importance of lithium-ion battery recycling?

Lithium-ion battery recycling assures several benefits:

1) Environmentalists and battery experts suggest that recycling will help recover the expensive material.

2) Nickel and cobalt are two common expensive cathode metals that are used. Their prices have fluctuated over the years.

3) In many LIBs, concentrations of manganese, lithium along with nickel and cobalt are high, often exceeding the concentration of highly enriched ore. Thus, if these metals are recovered from discarded batteries on a large scale, they may offer benefits similar to natural ores.

4) Recycling will help prevent electronic waste from ending up in landfills.

5) About 50% of the cobalt used in batteries comes from countries like the Congo. Challenges such as illegal mining, environmental damage, armed conflict and human rights abuses are rampant in these countries.

6) Recycling of lithium-ion batteries will help reduce dependence on these materials, improve the security of the supply chain, and reduce the human and environmental impact brought about by these batteries.

In short, more recycling would mean less reliance on virgin materials and less environmental damage.

Tips for Avoiding the Risks Associated with Lithium-Ion Battery Recycling

Recycling lithium-ion batteries requires special equipment and procedures.

This is the reason why they are handled only by well equipped and dedicated recycling teams.

The sensitive nature of these batteries demands their careful handling prior to shipment.

Failure to properly handle damaged, defective, or expired lithium-ion batteries can increase the risk of a thermal runaway event. Do's and don'ts should be taken care of while handling these batteries.

Worth doing

If safe, remove the damaged or dead battery from the device. If not safe, leave the battery in the device and recycle the entire unit.

Store dead batteries in an anti-static bag.

Keep the container in a dry and cool place to avoid outbreak of fire.

Be sure to always take them to a certified recycling team that can safely handle hazardous materials.

18 views0 comments


bottom of page