New report analyses lithium-ion battery recycling industry amid growing demand for sustainable energy solutions
The report explores policy, market, and innovation trends shaping this rapidly expanding industry
Deloitte and CAS, a division of the American Chemical Society specializing in scientific knowledge management, announced the release of a collaborative report, Lithium-Ion Battery Recycling: Market & Innovation Trends for A Green Future. This report is the first shared project between the two organizations since their strategic collaboration announcement last year.
Growing demand for electric vehicles, renewable energy storage, and consumer electronics is driving an urgent focus on sustainable battery recycling solutions. The report by CAS and Deloitte is a comprehensive analysis of lithium-ion battery recycling and covers both market and scientific perspectives on this rapidly evolving industry. It includes insights into the market dynamics, technological advances, and strategic pathways to profitability in the sector and highlights the key role of battery recycling in addressing resource scarcity and environmental challenges amid growing demand for sustainable energy solutions.
Lithium-Ion Battery Recycling: Market & Innovation Trends for A Green Future combines the CAS unparalleled data and scientific expertise with Deloitte's market and business analysis to explore the latest developments in the industry across six key dimensions: policy, capacity expansion, technological innovation, digital solutions, cross-sector collaboration, and pathway to profitability. Among other trends, the report explores how recycling technology innovation and digital solutions are transforming the battery recycling industry, driving improvements in efficiency, recovery rates, and environmental impact and accelerating the global transition to a low-carbon future.
"We are pleased to develop and provide industry insights and solutions based on CAS scientific data," says Kevin Guo, Deloitte China National Industry Program leader. "Science and technology innovations have made remarkable progress in multiple fields, and Deloitte China looks forward to continuing to work with CAS to make a significant impact on the industry."
"This in-depth report showcases the powerful synergy of Deloitte's market insights and CAS unmatched scientific data and technical expertise. Through this collaboration, together we aim to accelerate breakthroughs on critical global challenges, such as sustainable energy, and enable innovators across industries to make more confident business decisions," said Manuel Guzman, President of CAS.
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