According to a market report by Lucintel, the future of the black mass recycling market in Japan looks promising with opportunities in the automotive, consumer electronic, energy, aerospace and defense, and construction applications. The black mass recycling market in Japan is expected to reach an estimated $28.1 billion by 2031 with a CAGR of 20.4% from 2025 to 2031. The major drivers for this market are the growing demand for lithium-ion batteries in electric vehicles, the increasing concern about battery waste disposal, and the government initiatives aimed at recycling.A more than 150-page report to understand trends, opportunity and forecast in black mass recycling market in Japan to 2031 by battery source (automotive batteries, industrial batteries, and portable batteries), technology (hydrometallurgy, pyrometallurgy, and others), recovered metal (nickel, cobalt, lithium, copper, manganese, and others), and application (automotive, consumer electronics, energy, aerospace and defense, construction, and others).
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Lucintel forecasts that, within the battery source category, automotive batteries are expected to witness the highest growth over the forecast period.
Within the application category, automotive is expected to witness the highest growth over the forecast period.
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Lucintel
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Email: [email protected]
Tel. +1-972-636-5056
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