The Global Critical Raw Materials Recovery Market 2025-2040

The Global Critical Raw Materials Recovery Market 2025-2040


The Critical Raw Materials (CRM) Recovery market is experiencing significant growth and transformation as the world shifts towards cleaner technologies and a circular economy. The market focuses on the extraction and recycling of materials deemed critical for advanced technologies, particularly those essential for the clean energy transition and digital revolution. Key drivers of the CRM Recovery market include:
Increasing demand for clean energy technologies like electric vehicles, wind turbines, and solar panels, which require substantial amounts of CRMs.
Growing awareness of supply chain vulnerabilities and the need for resource security, especially given the geographic concentration of many CRM sources.
Regulatory pressures promoting recycling and sustainable resource use, such as the EU's Critical Raw Materials Act.
Advancements in recycling technologies making CRM recovery more economically viable.

The market encompasses various materials, including rare earth elements, lithium, cobalt, platinum group metals, and others. Major sources for recovery include:
End-of-life products (e-waste, spent batteries, catalytic converters)
Industrial production scrap
Urban mining initiatives
Landfill mining projects

Key technologies in the CRM Recovery market include hydrometallurgy, pyrometallurgy, bioleaching, and direct recycling methods. The choice of technology depends on the specific materials being recovered and the source. The CRM Recovery market is poised for substantial growth as it plays a crucial role in enabling the transition to a more sustainable and resilient global economy. The market is attracting increased investment and seeing the entry of both established players and innovative start-ups, driving technological advancements and expanding recovery capabilities. This comprehensive market research report provides an in-depth analysis of the global critical raw materials market from 2025 to 2040.

Report contents include:
Detailed market size forecasts in both volume (ktonnes) and value (USD billions) from 2025-2040
Segmentation by material type, recovery source, and geographic region
Analysis of 15+ critical materials including rare earth elements, lithium, cobalt, platinum group metals, and more
Evaluation of primary and secondary (recycled) material sources
Assessment of extraction and recovery technologies
Profiles of 155+ key players in the CRM industry. Companies profiled include ACCUREC-Recycling GmbH, Ascend Elements, BANiQL, BASF, Ceibo, Cirba Solutions, Cyclic Materials, Enim, Heraeus Remloy, HyProMag, JPM Silicon GmbH, Librec AG, MagREEsource, NeoMetals, Noveon Magnetics, Phoenix Tailings, Posco, REEtec, Rivalia Chemical, SiTration, Sumitomo and Summit Nanotech.
Global supply and trade dynamics for CRMs
The circular economy and sustainable use of CRMs
Critical and strategic materials used in the energy transition
CRM Recovery in Semiconductors and Electronics: Types of CRMs found in e-waste; Concentration and value of CRMs in e-waste; Collection, sorting, and pre-processing technologies; Metal recovery technologies like pyrometallurgy, hydrometallurgy, and biometallurgy; Market forecasts for CRM recovery from electronics 2025-2040.
CRM Recovery in Lithium-ion Batteries: Li-ion battery recycling value chain; Recycling processes for different cathode chemistries; Comparison of recycling techniques (hydrometallurgy, pyrometallurgy, direct recycling); Economic factors in battery recycling; Market forecasts for CRM recovery from batteries 2025-2040.
Rare Earth Elements Recovery: REE recovery technologies; Comparison of recovery methods; REE recycling markets and players; Forecasts for REE recovery 2025-2040.
Platinum Group Metals Recovery: PGM recovery from automotive catalysts; PGM recovery from fuel cells and electrolyzers; PGM recycling markets; Forecasts for PGM recovery 2025-2040

Critical raw materials are essential enablers of the clean energy transition and next-generation technologies. However, they face supply risks, price volatility, and sustainability concerns. This report provides businesses, investors, and policymakers with crucial intelligence on the rapidly evolving CRM market landscape.
Key questions answered include:
What are the supply and demand projections for key CRMs through 2040?
Which recovery technologies and sources will see the highest growth?
How will recycling and urban mining impact primary CRM production?
What are the economic factors driving CRM recovery from end-of-life products?
Which geographic markets offer the greatest opportunities for CRM recovery?
Who are the key players across the CRM value chain?
What regulatory and sustainability trends will shape the market?

With detailed forecasts, technology assessments, and competitive analysis, this report offers an essential tool for strategy formulation in the critical materials sector. The shift towards clean energy and electrification is creating major market opportunities in CRM recovery and recycling. This comprehensive study provides the market intelligence needed to capitalize on the growing demand for sustainably-sourced critical raw materials.


  • EXECUTIVE SUMMARY
    • Definition and Importance of Critical Raw Materials
      • Table List of Key Critical Raw Materials and Their Primary Applications.
    • E-Waste as a Source of Critical Raw Materials
    • Electrification, Renewable and Clean Technologies
    • Regulatory Landscape
      • European Union
      • United States
      • China
      • Japan
      • Australia
      • Canada
      • India
      • South Korea
      • Brazil
      • Russia
      • Global Initiatives
        • Table Regulatory Landscape for Critical Raw Materials by Country/Region.
    • Key Market Drivers and Restraints
      • Table Key Market Drivers and Restraints in Critical Raw Materials Recovery.
    • The Global Critical Raw Materials Market in 2024
      • Table Global Production of Critical Materials by Country (Top 10 Countries).
      • Table Projected Demand for Critical Materials in Clean Energy Technologies (2024-2040).
    • Critical Material Extraction Technology
      • Table Value Proposition for Critical Material Extraction Technologies.
      • Table Critical Material Extraction Methods Evaluated by Key Performance Metrics.
      • Recovery of critical materials from secondary sources (e.g., end-oflife products, industrial waste)
      • Critical rare-earth element recovery from secondary sources
        • Table Critical Rare-Earth Element Recovery Technologies from Secondary Sources.
      • Li-ion battery technology metal recovery
        • Table Li-ion Battery Technology Metal Recovery Methods-Metal, Recovery Method, Recovery Efficiency, Challenges, Environmental Impact, Economic Viability.
      • Critical semiconductor materials recovery
      • Critical semiconductor materials recovery
        • Table Critical Semiconductor Materials Recovery-Material, Primary Source, Recovery Method, Recovery Efficiency, Challenges, Potential Applications.
        • Table Critical Semiconductor Material Recovery from Secondary Sources.
      • Critical platinum group metal recovery
      • Critical platinum Group metal recovery
        • Table Critical Platinum Group Metal Recovery.
    • Critical Raw Materials Value Chain
    • The Economic Case for Critical Raw Materials Recovery
    • Price Trends for Key Recovered Materials (2020-2024)
      • Table Price Trends for Key Recovered Materials (2020-2024).
    • Global market forecasts
      • By Material Type (2025-2040)
        • Table Global critical raw materials recovery market by material types (2025-2040), by ktonnes.
        • Table Global critical raw materials recovery market by material types (2025-2040), by value (Billions USD).
      • By Recovery Source (2025-2040)
        • Table Global critical raw materials recovery market by recovery source (2025-2040), in ktonnes.
        • Table Global critical raw materials recovery market by recovery source (2025-2040), by value (Billions USD).
      • By Region (2025-2040)
        • Table Global critical raw materials recovery market by region (2025-2040), by ktonnes.
        • Table Global critical raw materials recovery market by region (2025-2040), by value (Billions USD).
  • INTRODUCTION
    • Critical Raw Materials
      • Table Primary global suppliers of critical raw materials.
    • Global situation in supply and trade
    • Circular economy
      • Circular use of critical raw materials
        • Table Current contribution of recycling to meet global demand of CRMs.
    • Critical and strategic raw materials used in the energy transition
      • Table Applications and Importance of Key Critical Raw Materials.
      • Table Comparison of Recovery Rates for Different Critical Materials.
      • Greening critical metals
    • Metals and minerals processed and extracted
      • Copper
        • Table Markets and applications: copper.
        • Table Technologies and Techniques for Copper Extraction and Recovery.
      • Nickel
        • Table Markets and applications: nickel.
        • Table Technologies and Techniques for Nickel Extraction and Recovery.
      • Cobalt
        • Table Markets and applications: cobalt.
        • Table Technologies and Techniques for Cobalt Extraction and Recovery.
      • Rare Earth Elements (REE)
        • Table Markets and applications: rare earth elements.
        • Table Technologies and Techniques for Rare Earth Elements Extraction and Recovery.
      • Lithium
        • Table Markets and applications: lithium.
        • Table Technologies and Techniques for Lithium Extraction and Recovery.
      • Gold
        • Table Markets and applications: gold.
        • Table Technologies and Techniques for Gold Extraction and Recovery.
      • Uranium
        • Table Markets and applications: uranium.
        • Table Technologies and Techniques for Uranium Extraction and Recovery.
      • Zinc
        • Table Markets and applications: zinc.
        • Table Zinc Extraction and Recovery Technologies.
      • Manganese
        • Table Markets and applications: manganese.
        • Table Manganese Extraction and Recovery Technologies.
      • Tantalum
        • Table Markets and applications: tantalum.
        • Table Tantalum Extraction and Recovery Technologies.
      • Niobium
        • Table Markets and applications: niobium.
        • Table Niobium Extraction and Recovery Technologies.
      • Indium
        • Table Markets and applications: indium.
        • Table Indium Extraction and Recovery Technologies.
      • Gallium
        • Table Markets and applications: gallium.
        • Table Gallium Extraction and Recovery Technologies.
      • Germanium
        • Table Markets and applications: germanium.
        • Table Germanium Extraction and Recovery Technologies.
      • Antimony
        • Table Markets and applications: antimony.
        • Table Antimony Extraction and Recovery Technologies.
      • Scandium
        • Table Markets and applications: scandium.
        • Table Scandium Extraction and Recovery Technologies.
      • Graphite
        • Table Graphite Markets and Applications.
        • Table Graphite Extraction and Recovery Techniques and Technologies.
    • Recovery sources
      • Table Comparison of Primary vs Secondary Production for Key Materials.
      • Primary sources
        • Table Environmental Impact Comparison: Primary vs Secondary Production.
      • Secondary sources
        • Table Technologies for critical material recovery from secondary sources.
        • Table Technologies for critical raw material recovery from secondary sources.
        • Table Critical raw material extraction technologies.
        • Table Pyrometallurgical extraction methods.
        • Table Bioleaching processes and their applicability to critical materials.
        • Table Comparative analysis of metal recovery technologies.
        • Table Technology readiness of critical material recovery technologies by secondary material sources.
  • CRITICAL RAW MATERIALS RECOVERY IN SEMICONDUCTORS
    • Critical semiconductor materials
      • Table Technology readiness of critical semiconductor recovery technologies.
      • Table Critical Semiconductors Applications and Recycling Rates.
    • Electronic waste (e-waste)
      • Types of Critical Raw Materials found in E-Waste
        • Table Types of critical raw Materials found in E-Waste.
        • Table E-waste Generation and Recycling Rates.
    • Photovoltaic and solar technologies
      • Common types of PV panels and their critical semiconductor components
        • Table Critical Semiconductor Recovery from Photovoltaics.
      • Silicon Recovery Technology for Crystalline-Si PVs
      • Tellurium Recovery from CdTe Thin-Film Photovoltaics
      • Solar Panel Manufacturers and Recovery Rates
        • Table Solar Panel Manufacturers and Their Recycling Capabilities.
    • Concentration and value of Critical Raw Materials in E-Waste
      • Table Concentration and Value of Critical Raw Materials in E-waste.
    • Applications and Importance of Key Critical Raw Materials
      • Table Critical Semiconductor Materials and Their Applications.
    • Waste Recycling and Recovery Processes
      • Table Critical Materials Waste Recycling and Recovery Processes.
    • Collection and Sorting Infrastructure
      • Table Collection and Sorting Infrastructure for Critical Materials Recycling.
    • Pre-Processing Technologies
      • Table Pre-Processing Technologies for Critical Materials Recycling.
    • Metal Recovery Technologies
      • Pyrometallurgy
      • Hydrometallurgy
      • Biometallurgy
      • Supercritical Fluid Extraction
      • Electrokinetic Separation
      • Mechanochemical Processing
    • Global market 2025-2040
      • Ktonnes
        • Table Global recovered critical raw electronics material, 2025-2040 (ktonnes).
      • Revenues
        • Table Global recovered critical raw electronics material market, 2025-2040 (billions USD).
      • Regional
        • Table Recovered critical raw electronics material market, by region, 2025-2040 (ktonnes).
  • CRITICAL RAW MATERIALS RECOVERY IN LI-ION BATTERIES
    • Critical Li-ion Battery Metals
      • Table Drivers for Recycling Li-ion Batteries.
    • Critical Li-ion Battery Technology Metal Recovery
      • Table Li-ion Battery Metal Recovery Technologies.
    • Lithium-Ion Battery recycling value chain
      • Table Li-ion battery recycling value chain.
      • Table Typical lithium-ion battery recycling process flow.
      • Table Main feedstock streams that can be recycled for lithium-ion batteries.
    • Black mass powder
    • Recycling different cathode chemistries
    • Preparation
    • Pre-Treatment
      • Discharging
      • Mechanical Pre-Treatment
      • Thermal Pre-Treatment
    • Comparison of recycling techniques
      • Table Comparison of LIB recycling methods.
    • Hydrometallurgy
      • Method overview
      • SWOT analysis
    • Pyrometallurgy
      • Method overview
      • SWOT analysis
    • Direct recycling
      • Method overview
      • SWOT analysis
    • Other methods
      • Mechanochemical Pretreatment
      • Electrochemical Method
      • Ionic Liquids
    • Recycling of Specific Components
      • Anode (Graphite)
      • Cathode
      • Electrolyte
    • Recycling of Beyond Li-ion Batteries
      • Conventional vs Emerging Processes
        • Table Comparison of conventional and emerging processes for recycling beyond lithium-ion batteries.
      • Li-Metal batteries
      • Lithium sulfur batteries (Li–S)
      • All-solid-state batteries (ASSBs)
    • Economic case for Li-ion battery recycling
      • Table Economic assessment of battery recycling options.
      • Metal prices
      • Second-life energy storage
      • LFP batteries
      • Other components and materials
      • Reducing costs
        • Table Retired lithium-batteries.
    • Competitive landscape
    • Global capacities, current and planned
      • Table Global capacities, current and planned (tonnes/year).
    • Future outlook
    • Global market 2025-2040
      • Chemistry
        • Table Global lithium-ion battery recycling market in tonnes segmented by cathode chemistry, 2025- 2040.
      • Ktonnes
        • Table Global Li-ion battery recycling market, 2025-2040 (ktonnes)
      • Revenues
        • Table Global Li-ion battery recycling market, 2025-2040 (billions USD).
      • Regional
        • Table Li-ion battery recycling market, by region, 2025-2040 (ktonnes).
  • CRITICAL RARE-EARTH ELEMENT RECOVERY
    • Introduction
      • Table Critical rare-earth elements markets and applications.
    • Permanent magnet applications
      • Table Primary and Secondary Material Streams for Rare-Earth Element Recovery.
    • Recovery technologies
      • Table Critical rare-earth element recovery technologies.
      • Table Rare Earth Element Content in Secondary Material Sources.
      • Long-loop and short-loop recovery methods
        • Table Comparison of Short-loop and Long-loop Rare Earth Recovery Methods.
      • Hydrogen decrepitation
      • Powder metallurgy (PM)
      • Long-loop magnet recycling
        • Table Long-loop Rare-Earth Magnet Recycling Technologies.
      • Solvent Extraction
      • Ion Exchange Resin Chromatography
      • Electrolysis and Metallothermic Reduction
    • Markets
      • Rare-earth magnet market
        • Table Rare Earth Element Demand by Application.
        • Table Global rare-earth magnet key players in a table
      • Rare-earth magnet recovery technology
        • Table Rare Earth Magnet Recycling Value Chain.
        • Table Technology readiness of REE recovery technologies in a table
    • Global market 2025-2040
      • Ktonnes
        • Table Global recovered critical rare-earth element market, 2025-2040 (ktonnes)
      • Revenues
        • Table Global recovered critical rare-earth element market, 2025-2040 (billions USD).
  • CRITICAL PLATINUM GROUP METAL RECOVERY
    • Introduction
      • Table Global PGM Demand Segmented by Application.
    • Supply chain
    • Prices
    • PGM Recovery
      • Table Critical Platinum Group Metals: Applications and Recycling Rates.
      • Table Technology Readiness of Critical PGM Recovery from Secondary Sources.
    • PGM recovery from spent automotive catalysts
      • Table Automotive Catalyst Recycling Players.
    • PGM recovery from hydrogen electrolyzers and fuel cells
      • Green hydrogen market
      • PGM recovery from hydrogen-related technologies
        • Table Challenges in transitioning to new PEMEL catalysts and the role of PGM recycling in a table.
      • Catalyst Coated Membranes (CCMs)
      • Fuel cell catalysts
        • Table Key Suppliers of Catalysts for Fuel Cells.
      • Emerging technologies
      • Sustainability of the hydrogen economy
    • Markets
    • Global market 2025-2040
      • Ktonnes
        • Table Global recovered critical platinum group metal market, 2025-2040 (ktonnes)
      • Revenues
        • Table Global recovered critical platinum group metal market, 2025-2040 (billions USD).
  • COMPANY PROFILES
    • Accurec Recycling GmbH
    • ACE Green Recycling
    • Altilium
    • American Battery Technology Company (ABTC)
    • Anhua Taisen
    • Aqua Metals, Inc.
    • Ascend Elements
    • Attero
    • BacTech Environmental Corporation
    • Ballard Power Systems
    • BANIQL
    • BASF
    • Battery Pollution Technologies
    • Batx Energies Private Limited
    • Berkeley Energia
    • BHP
    • BMW
    • Botree Cycling
    • Brazilian Nickel PLC
    • Carester
    • Ceibo
    • Cheetah Resources
    • CATL
    • Cirba Solutions
    • Circunomics
    • Circu Li-ion
    • Circular Industries
    • Cyclic Materials
    • Cylib
    • Dowa Eco-System Co.
    • Dow Chemicals
    • Dundee Sustainable Technologies
    • DuPont
    • EcoBat
    • eCobalt Solutions
    • Econili Battery
    • EcoPro
    • Electra Battery Materials Corporation (Electra)
    • Electramet
    • Elmery
    • Element Zero
    • Emulsion Flow Technologies
    • Enim
    • EnviroMetal Technologies
    • Eramet
    • ExPost Technology
    • Farasis Energy
    • First Solar
    • Fortum Battery Recycling
    • 4R Energy Corporation
    • Freeport McMoRan
    • Fluor
    • FLSmidth
    • Ganfeng Lithium
    • Ganzhou Cyclewell Technology Co. Ltd
    • GEM Co., Ltd.
    • GLC Recycle Pte. Ltd.
    • Glencore
    • Gotion
    • GREEN14
    • Green Li-ion
    • Green Mineral
    • GS Group
    • Guangdong Guanghua Sci-Tech
    • Huayou Cobalt
    • Henkel
    • Heraeus
    • HydroVolt
    • HyProMag Ltd
    • InoBat
    • Inmetco
    • Jiecheng New Energy
    • JPM Silicon GmbH
    • JX Nippon Metal Mining
    • Keyking Recycling
    • Korea Zinc
    • Kyoei Seiko
    • Igneo
    • IXOM
    • Jervois Global
    • Jetti Resources
    • Kemira Oyj
    • Librec AG
    • Lithium Australia
    • LG Chem Ltd.
    • Li-Cycle
    • Li Industries
    • Lithion Technologies
    • Lohum
    • MagREEsource
    • Mecaware
    • Metastable Materials
    • Metso Corporation
    • Minerva Lithium
    • Mining Innovation Rehabilitation and Applied Research (MIRARCO)
    • Mitsubishi Materials
    • Neometals
    • NEU Battery Materials
    • Nickelhütte Aue
    • NioCorp Developments
    • Nouryon
    • Noveon Magnetics
    • Nth Cycle
    • OnTo Technology LLC
    • Orano
    • Peninsula Energy Ltd.
    • Phoenix Tailings
    • PH7 Technologies, Inc.
    • Posco HY Clean Metal
    • Primobius GmbH
    • Princeton NuEnergy (PNE)
    • Rare Element Resources Ltd.
    • RecycLiCo Battery Materials
    • RecycleKaro
    • REEtec
    • RecommerceX
    • Redwood Materials
    • ReElement Technologies
    • Renewable Metals
    • Rio Tinto
    • Rivalia Chemical
    • RT Advanced Materials
    • Ruicycle Environmental Protection Technology
    • Ruilong Technology
    • Saidemei Resources Recycling Research Institute
    • Search Minerals
    • Sebitchem
    • Seloxium
    • Shunhua Lithium
    • SiTration
    • SK Innovation Co. Ltd.
    • Smartville Inc.
    • SNF Floerger
    • Solar Materials
    • Solvay
    • Still Bright
    • Sumitomo Metal Mining
    • Summit Nanotech
    • SungEel HITech
    • Teck Resources Limited
    • Technology Minerals plc/ Recyclus
    • Tenova
    • Tetronics
    • ThioTech
    • Tozero GmbH
    • Two Planet Steel
    • Umicore
    • Veolia
    • Verdant Beneficiated Resources
    • Volkswagen
    • Voltfang
    • Weeefiner Oy
    • Young Poong Corp.
    • Zeobond
    • Zero Carbon Technologies (ZERO)
  • APPENDICES
    • Research Methodology
    • Glossary of Terms
      • Table Glossary of terms.
    • List of Abbreviations
      • Table List of Abbreviations.
  • REFERENCES

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