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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-
       the pre-processing stages. Other manu-
                                         low-temperature processes and waste  facturing equipment markets for years,
       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-
 able  individuals driving  innovation   vered by experts from a wide range   running the session ‘Unlocking the   treatment (associated with the current  ing market.
 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
 recycling equipment sales.
 everything from foundation, UV, anti-
 formulators, Ms. Gwendolyn Neoh at
 models. The 9 Faces will be selected   Africa (EMEA) is forecast a fi ve-year  which has seen the emergence of inte-  Chemical Weekly Buyers’ Guide
 Ashland will be running the session
 acne and  pore care to suncare  pro-
 by an expert judging panel and the   CAGR of 24.7% over the same period,  grated market leaders, the recycling
 APAC takes the global market lead
 reaching  a market  size of approxi-
 on ‘AI driven 4D defences – Vitamin
 winners will receive a certificate,   ducts, propanediol and sustainable   equipment market has yet to see a   www.cwbg.in
 recognition, and will be honoured at   cleansing.  D boosting @ hydrating jelly mask for   www.cwbg.in
 The global lithium-ion battery recy-
 mately $440-mn by 2029. Meanwhile,  dominant player.  The market land-
 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
 awards celebrate the most innova-  In the APAC market, foundations   the same day, Mr. Carlos Ilao, Busi-  Pocket-Friendly Pay-as-you-use Subscription Plans
 around $1.7-bn in 2023 to approximately  CAGR  of 18.9%, with the battery re-
 ness Development Manager APAC at
 tive ingredients from the ‘Innovation   with a lightweight fluid texture are   potential remains to be realized.
 $1.5-bn in 2024.  We project that by  cycling equipment market expected to
 Zone’ and ‘Spotlight On’ categories.  gaining popularity but it can be dif-  Clariant Southeast Asia, will work   Opt for a scheme that suits your needs and make best use of India’s most authentic directory
 ficult for formulators to achieve low
 2029 the global market for lithium-ion  reach $380-mn by 2029.  with participants on sunscreen formu-  for sourcing chemicals and related products.
 From the perspective of compa-
 ‘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*
 mulation Lab’ – the interactive labo-  session on 5 November, where partici-  has opened doors for manufacturers
 Haruna Sawaguchi, Technical Market-
 that traditionally supplied equipment
 ratories which offer formulators and   pants will create a water-in-oil liquid   ing Division at Nikko Chemicals will   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,
 ’Skinified’ serum sunscreen with com-
 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
 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 /
 ingredients industry exhibition,   Innovation in Cosmetics’. The   such as Miracle  Automation, have   Behind Everard Nagar, Sion (E), Mumbai - 400 022.  Instrumentation /  Dealers / Indentors /
 impact and influence that small and
 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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