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Special Report Special Report
Asia-Pacifi c leads fragmented global battery recycling standalone machines, some manu- mainstream hydrometallurgical tech- About Interact Analysis
Interact Analysis has been tracking
facturers are also offering integrated nology) – some companies are adopt-
equipment market equipment solutions, particularly in ing energy-saving methods, including the Li-ion battery and related manu-
low-temperature processes and waste facturing equipment markets for years,
the pre-processing stages. Other manu-
facturers provide an integrated solu- heat recovery. Some are also explor- providing deep market analysis, from
n 2024, the slowdown in the con- battery recycling equipment will reach RENEE JU tion that covers the entire process, ing alternative technological routes Li-ion battery demand (shipment) and
Expo & Conference News
struction of lithium-ion battery $4.5-bn, growing with a fi ve-year com- Research Associate,Interact Analysis from battery module disassembly to like bio-metallurgical processes. supply (production and capacity) to in-
Irecycling projects caused a decline pound annual growth rate (CAGR) of E-mail: renee.ju@interactanalysis.com discharge and then to crushing and sights into the associated manufactur-
in global equipment sales. The drop 24.5% from 2024 to 2029. sorting. Looking ahead, the market may ing equipment market. The company
in raw material prices that began in Market fragmentation and no domi- see the integration of different metal- recently completed the latest quarterly
mid-2023, coupled with deceleration Strong annual growth is forecast for nant leader emerging As the world’s largest battery re- lurgical techniques, leading to more update (Q4 2024), in which some mar-
in battery factory expansions, has signi- the Li-ion battery recycling market The Li-ion battery recycling pro- cycling market, China’s rapidly ex- effi cient and environmentally friendly ket forecasts were adjusted to refl ect
fi cantly slowed the pace of recycling in the Americas, APAC and EMEA cess involves the use of a variety of panding new production capacity is battery recycling solutions. As part the latest market trends.
capacity growth. Since the recycling regions equipment, including battery testing driving higher demands for effi ciency of the growing trend towards auto-
equipment market is closely tied to the From a regional perspective, Asia- equipment, battery pack disassem- and safety in battery recycling. In the mated, intelligent, and green battery ABOUT THE AUTHOR
development of new recycling capacity, Pacifi c (APAC) is the largest market bly systems, and crushing & sorting pre-processing stage, “fl exible disas- recycling, companies with leading Renee focuses on
it has been negatively impacted. How- for battery recycling equipment, with equipment used in the pre-processing sembly” is emerging as a key innova- technology and the ability to integrate lithium battery and
ever, the medium - to long-term outlook sales accounting for approximately stage. This is in addition to the reac- tion, providing new momentum for the industrial chain will be better hydrogen research,
remains positive. There has been rising 80% of the global market in 2024. This tor, fi ltration system, MVR evapora- the high-quality development of both positioned to navigate market changes assists commercial
demand for Li-ion batteries, driven by is primarily due to the massive scale tion system, extraction system, crys- the battery recycling and equipment and technological challenges. These vehicle team in data-
the electric vehicle (EV) and energy of China’s recycling capacity con- tallization system, and the drying markets. In the post-processing stage – companies are expected to gain a base setup, and conducts both primary
storage (ES) markets, alongside a gradual struction. The APAC battery recycling machine used in the post-processing to tackle issues such as high energy competitive edge and an advanta- and secondary information research
implementation of supportive policies equipment market is expected to main- stage. Overall, the recycling equip- consumption and complex wastewater geous position in the rapidly expand- for data and industry analysis.
and regulations. This has stabilized the tain a CAGR of 25.1% from 2024 to ment market remains relatively frag- treatment (associated with the current ing market.
running the session ‘Unlocking the
vered by experts from a wide range
able individuals driving innovation
and success in the Asia Pacific beauty of cosmetic organisations, who will benefits of multifunctional 1,3-pro-
recycling project market, paving the 2029, reaching approximately $3.69-bn mented. Unlike the lithium battery
sector, including R&D professionals, take attendees through a variety of panediol to maximize performance’.
way for sustained growth in battery by 2029. Europe, the Middle East and manufacturing equipment market,
scientists, innovators, and role formulation techniques focusing on Homing in on a key focus area for
Africa (EMEA) is forecast a fi ve-year which has seen the emergence of inte-
recycling equipment sales. everything from foundation, UV, anti- formulators, Ms. Gwendolyn Neoh at Chemical Weekly Buyers’ Guide
models. The 9 Faces will be selected
CAGR of 24.7% over the same period, grated market leaders, the recycling
by an expert judging panel and the acne and pore care to suncare pro- Ashland will be running the session
equipment market has yet to see a
APAC takes the global market lead
reaching a market size of approxi-
winners will receive a certificate, ducts, propanediol and sustainable on ‘AI driven 4D defences – Vitamin www.cwbg.in
recognition, and will be honoured at cleansing. D boosting @ hydrating jelly mask for www.cwbg.in
mately $440-mn by 2029. Meanwhile, dominant player. The market land-
The global lithium-ion battery recy-
the ‘In-cosmetics Asia Awards’. The acne and pore care’ on 5 November. On
cling equipment market decreased from the Americas is projected a fi ve-year scape is still evolving, and its full Pocket-Friendly Pay-as-you-use Subscription Plans
In the APAC market, foundations
the same day, Mr. Carlos Ilao, Busi-
awards celebrate the most innova-
around $1.7-bn in 2023 to approximately CAGR of 18.9%, with the battery re- potential remains to be realized.
ness Development Manager APAC at
tive ingredients from the ‘Innovation
with a lightweight fluid texture are
$1.5-bn in 2024. We project that by cycling equipment market expected to Clariant Southeast Asia, will work Opt for a scheme that suits your needs and make best use of India’s most authentic directory
Zone’ and ‘Spotlight On’ categories.
gaining popularity but it can be dif-
ficult for formulators to achieve low
From the perspective of compa-
2029 the global market for lithium-ion reach $380-mn by 2029. with participants on sunscreen formu- for sourcing chemicals and related products.
‘Formulation Lab’ highlights viscosity, high coverage products. Ms. lation in the ‘Encapsulated UV filters
nies, the inclusion of general-purpose
In-cosmetics Asia also announced Thalia Nghiem, from Kobo Products for ultra- light sunscreen with high UV Subscription plans
protection’ session. Meanwhile, Ms.
an extensive programme for its ‘For- Asia Pacific will explore this in her equipment in the recycling process Plan Hours of usage INR* USD*
Haruna Sawaguchi, Technical Market-
mulation Lab’ – the interactive labo- session on 5 November, where partici- has opened doors for manufacturers
ing Division at Nikko Chemicals will
ratories which offer formulators and pants will create a water-in-oil liquid that traditionally supplied equipment Plan 25 25 1,500 25
R&D staff a hands-on opportunity to foundation with the added benefits of enable attendees to create a water- Plan 50 50 2,500 50 Web-Based
to the pharmaceutical and chemical
enhance their formulation skills. a smooth feel and blurred pores. based combination sunscreen (SPF Plan 100 100 4,500 75 Directory
industries, enabling them to enter
50+, PA ++ in-vitro) in the workshop,
Running across all three days of Meanwhile, on 6 November, Mr. Sean the battery recycling market. For Plan 150 150 6,000 100 on Indian
’Skinified’ serum sunscreen with com-
the event, 10 sessions will be deli- Gahan from Primient Covation will be example, MVR evaporation system *Plus GST @ 18% applicable Chemical Industry
bination UV filter system’.
manufacturer AGT and manufacturer For more information or for a FREE trial contact: and Trade
UNLOCKING POTENTIAL Jingjin Equipment (both based in
In-cosmetics Global’s new report explores growing Mr. Kiran Iyer Mr. Abhishek Vora
China) have seen battery recycling
role of SMEs in beauty industry become an important application for kiran@chemicalweekly.com abhi@chemicalweekly.com Chemicals & Search & download
their equipment. In addition, some
large battery recycling companies, Chemical Weekly Database Pvt. Ltd. related products / data on 8,500+
The leading personal care tial: Meet the SMEs Driving sme-mini-report.html) explores the 602-B, Godrej Coliseum, K.J. Somaiya Hospital Road, Equipment & Manufacturers /
impact and influence that small and
ingredients industry exhibition, Innovation in Cosmetics’. The such as Miracle Automation, have Behind Everard Nagar, Sion (E), Mumbai - 400 022. Instrumentation / Dealers / Indentors /
In-cosmetics Global, has released report (more info at: https://www. also begun to develop their own bat- Phone: +91-22-24044471 72 Consultants Merchant Exporters
medium-sized enterprises (SMEs)
Fig. 1: Global Li-ion battery equipment market size, $ mn
a new report on ‘Unlocking Poten- in-cosmetics.com/global/en-gb/lp/ tery recycling equipment. Beyond
are having on a market segment
46 Home, Personal & Institutional Care India October 2024
186 Chemical Weekly March 25, 2025 Chemical Weekly March 25, 2025 187
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