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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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