Lithium-ion Battery Recycling Market Size, Share, and Trends 2024 to 2034

The global lithium-ion battery recycling market size is calculated at USD 12.99 billion in 2025 and is forecasted to reach around USD 98.42 billion by 2034, accelerating at a CAGR of 25.37% from 2025 to 2034. The Europe lithium-ion battery recycling market size surpassed USD 4.76 billion in 2025 and is expanding at a CAGR of 25.81% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2039
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Lithium-ion Battery Recycling Market 

5.1. COVID-19 Landscape: Lithium-ion Battery Recycling Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Lithium-ion Battery Recycling Market, By End User

8.1. Lithium-ion Battery Recycling Market, by End User

8.1.1. Automotive

8.1.1.1. Market Revenue and Forecast

8.1.2. Non-automotive

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Lithium-ion Battery Recycling Market, By Battery Components

9.1. Lithium-ion Battery Recycling Market, by Battery Components

9.1.1. Active Material

9.1.1.1. Market Revenue and Forecast

9.1.2. Non-active Material

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Lithium-ion Battery Recycling Market, By Battery Chemistry 

10.1. Lithium-ion Battery Recycling Market, by Battery Chemistry

10.1.1. Lithium-nickel Manganese Cobalt (Li-NMC)

10.1.1.1. Market Revenue and Forecast

10.1.2. Lithium-iron Phosphate (LFP)

10.1.2.1. Market Revenue and Forecast

10.1.3. Lithium-manganese Oxide (LMO)

10.1.3.1. Market Revenue and Forecast

10.1.4. Lithium-titanate Oxide (LTO)

10.1.4.1. Market Revenue and Forecast

10.1.5. Lithium-nickel Cobalt Aluminum Oxide (NCA)

10.1.5.1. Market Revenue and Forecast

Chapter 11. Global Lithium-ion Battery Recycling Market, By Recycling Process

11.1. Lithium-ion Battery Recycling Market, by Recycling Process

11.1.1. Hydrometallurgical Process

11.1.1.1. Market Revenue and Forecast

11.1.2. Pyrometallurgy Process

11.1.2.1. Market Revenue and Forecast

11.1.3. Physical/ Mechanical Process

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Lithium-ion Battery Recycling Market, By Source

12.1. Lithium-ion Battery Recycling Market, by Source

12.1.1. Electric Vehicles

12.1.1.1. Market Revenue and Forecast

12.1.2. Electronics

12.1.2.1. Market Revenue and Forecast

12.1.3. Power Tools

12.1.3.1. Market Revenue and Forecast

12.1.4. Others

12.1.4.1. Market Revenue and Forecast

Chapter 13. Global Lithium-ion Battery Recycling Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by End User

13.1.2. Market Revenue and Forecast, by Battery Components

13.1.3. Market Revenue and Forecast, by Battery Chemistry

13.1.4. Market Revenue and Forecast, by Recycling Process

13.1.5. Market Revenue and Forecast, by Source

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by End User

13.1.6.2. Market Revenue and Forecast, by Battery Components

13.1.6.3. Market Revenue and Forecast, by Battery Chemistry

13.1.6.4. Market Revenue and Forecast, by Recycling Process

13.1.6.5. Market Revenue and Forecast, by Source

13.1.7.  Rest of North America

13.1.7.1.  Market Revenue and Forecast, by End User

13.1.7.2. Market Revenue and Forecast, by Battery Components

13.1.7.3. Market Revenue and Forecast, by Battery Chemistry

13.1.7.4. Market Revenue and Forecast, by Recycling Process

13.1.7.5. Market Revenue and Forecast, by Source

13.2. Europe

13.2.1. Market Revenue and Forecast, by End User

13.2.2. Market Revenue and Forecast, by Battery Components

13.2.3. Market Revenue and Forecast, by Battery Chemistry

13.2.4. Market Revenue and Forecast, by Recycling Process

13.2.5. Market Revenue and Forecast, by Source

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by End User

13.2.6.2. Market Revenue and Forecast, by Battery Components

13.2.6.3. Market Revenue and Forecast, by Battery Chemistry

13.2.6.4. Market Revenue and Forecast, by Recycling Process

13.2.6.5. Market Revenue and Forecast, by Source

13.2.7.  Germany

13.2.7.1. Market Revenue and Forecast, by End User

13.2.7.2. Market Revenue and Forecast, by Battery Components

13.2.7.3.  Market Revenue and Forecast, by Battery Chemistry

13.2.7.4. Market Revenue and Forecast, by Recycling Process

13.2.7.5. Market Revenue and Forecast, by Source

13.2.8.  France

13.2.8.1. Market Revenue and Forecast, by End User

13.2.8.2. Market Revenue and Forecast, by Battery Components

13.2.8.3. Market Revenue and Forecast, by Battery Chemistry

13.2.8.4. Market Revenue and Forecast, by Recycling Process

13.2.8.5.  Market Revenue and Forecast, by Source

13.2.9. Rest of Europe

13.2.9.1. Market Revenue and Forecast, by End User

13.2.9.2. Market Revenue and Forecast, by Battery Components

13.2.9.3. Market Revenue and Forecast, by Battery Chemistry

13.2.9.4. Market Revenue and Forecast, by Recycling Process

13.2.9.5.  Market Revenue and Forecast, by Source

13.3. APAC

13.3.1. Market Revenue and Forecast, by End User

13.3.2. Market Revenue and Forecast, by Battery Components

13.3.3. Market Revenue and Forecast, by Battery Chemistry

13.3.4. Market Revenue and Forecast, by Recycling Process

13.3.5. Market Revenue and Forecast, by Source

13.3.6.  India

13.3.6.1. Market Revenue and Forecast, by End User

13.3.6.2. Market Revenue and Forecast, by Battery Components

13.3.6.3. Market Revenue and Forecast, by Battery Chemistry

13.3.6.4. Market Revenue and Forecast, by Recycling Process

13.3.6.5. Market Revenue and Forecast, by Source

13.3.7. China

13.3.7.1. Market Revenue and Forecast, by End User

13.3.7.2.  Market Revenue and Forecast, by Battery Components

13.3.7.3. Market Revenue and Forecast, by Battery Chemistry

13.3.7.4. Market Revenue and Forecast, by Recycling Process

13.3.7.5. Market Revenue and Forecast, by Source

13.3.8. Japan

13.3.8.1. Market Revenue and Forecast, by End User

13.3.8.2.  Market Revenue and Forecast, by Battery Components

13.3.8.3. Market Revenue and Forecast, by Battery Chemistry

13.3.8.4. Market Revenue and Forecast, by Recycling Process

13.3.8.5. Market Revenue and Forecast, by Source

13.3.9. Rest of APAC

13.3.9.1. Market Revenue and Forecast, by End User

13.3.9.2. Market Revenue and Forecast, by Battery Components

13.3.9.3. Market Revenue and Forecast, by Battery Chemistry

13.3.9.4. Market Revenue and Forecast, by Recycling Process

13.3.9.5. Market Revenue and Forecast, by Source

13.4. MEA

13.4.1. Market Revenue and Forecast, by End User

13.4.2. Market Revenue and Forecast, by Battery Components

13.4.3. Market Revenue and Forecast, by Battery Chemistry

13.4.4. Market Revenue and Forecast, by Recycling Process

13.4.5. Market Revenue and Forecast, by Source

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by End User

13.4.6.2. Market Revenue and Forecast, by Battery Components

13.4.6.3.  Market Revenue and Forecast, by Battery Chemistry

13.4.6.4. Market Revenue and Forecast, by Recycling Process

13.4.6.5. Market Revenue and Forecast, by Source

13.4.7. North Africa

13.4.7.1. Market Revenue and Forecast, by End User

13.4.7.2. Market Revenue and Forecast, by Battery Components

13.4.7.3. Market Revenue and Forecast, by Battery Chemistry

13.4.7.4. Market Revenue and Forecast, by Recycling Process

13.4.7.5. Market Revenue and Forecast, by Source

13.4.8. South Africa

13.4.8.1. Market Revenue and Forecast, by End User

13.4.8.2. Market Revenue and Forecast, by Battery Components

13.4.8.3. Market Revenue and Forecast, by Battery Chemistry

13.4.8.4. Market Revenue and Forecast, by Recycling Process

13.4.8.5. Market Revenue and Forecast, by Source

13.4.9. Rest of MEA

13.4.9.1. Market Revenue and Forecast, by End User

13.4.9.2. Market Revenue and Forecast, by Battery Components

13.4.9.3. Market Revenue and Forecast, by Battery Chemistry

13.4.9.4. Market Revenue and Forecast, by Recycling Process

13.4.9.5. Market Revenue and Forecast, by Source

13.5.  Latin America

13.5.1. Market Revenue and Forecast, by End User

13.5.2. Market Revenue and Forecast, by Battery Components

13.5.3. Market Revenue and Forecast, by Battery Chemistry

13.5.4. Market Revenue and Forecast, by Recycling Process

13.5.5. Market Revenue and Forecast, by Source

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by End User

13.5.6.2. Market Revenue and Forecast, by Battery Components

13.5.6.3. Market Revenue and Forecast, by Battery Chemistry

13.5.6.4. Market Revenue and Forecast, by Recycling Process

13.5.6.5. Market Revenue and Forecast, by Source

13.5.7. Rest of LATAM

13.5.7.1. Market Revenue and Forecast, by End User

13.5.7.2. Market Revenue and Forecast, by Battery Components

13.5.7.3. Market Revenue and Forecast, by Battery Chemistry

13.5.7.4. Market Revenue and Forecast, by Recycling Process

13.5.7.5. Market Revenue and Forecast, by Source

Chapter 14. Company Profiles

14.1. Accurec-Recycling GmbH (Germany)

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. AkkuSer (Finland)

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. American Manganese Inc. (Canada)

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. American Zinc Recycling Corp (U.S.)

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Batrec Industrie AG (Switzerland)

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Battery Recycling Made Easy (BRME) (US)

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Contemporary Amperex Technology Co. Ltd (CATL) (China)

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. DOWA ECO-SYSTEM Co., Ltd. (Japan)

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Duesenfeld GmbH (Germany)

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Ecobat (UK)

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global lithium-ion battery recycling market size was accounted at USD 10.26 billion in 2024 and it is expected to reach around USD 98.42 billion by 2034.

The global lithium-ion battery recycling market is poised to grow at a CAGR of 25.37% from 2025 to 2034.

The major players operating in the lithium-ion battery recycling market are Accurec-Recycling GmbH (Germany), AkkuSer (Finland), American Manganese Inc. (Canada), American Zinc Recycling Corp (U.S.), Batrec Industrie AG (Switzerland), Battery Recycling Made Easy (BRME) (US), Contemporary Amperex Technology Co. Ltd (CATL) (China), DOWA ECO-SYSTEM Co., Ltd. (Japan), Duesenfeld GmbH (Germany), Ecobat (UK), Envirostream Australia Pty Ltd (Australia) and Others

The primary drivers for the market include declining lithium-ion battery costs, fast adoption of electric cars, increasing application within the aviation industry, expanding the energy sector, and increasing consumer device usage.

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