Global Lithium-ion Battery Recycling Solution Market 2024-2028

Global Lithium-ion Battery Recycling Solution Market 2024-2028


The lithium-ion battery recycling solution market is forecasted to grow by USD 12.02 bn during 2023-2028, accelerating at a CAGR of 19.85% during the forecast period. The report on the lithium-ion battery recycling solution market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of EVs globally, growing government support for lithium-ion battery recycling, and rising scarcity of materials used in lithium-ion batteries.

Technavio's lithium-ion battery recycling solution market is segmented as below:

By Type
  • LiCoO2 battery
  • NMC battery
  • LiFePO4 battery
  • Others
By Application
  • Automotive
  • Non-automotive
By Geography
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the opening of new battery recycling facilities as one of the prime reasons driving the lithium-ion battery recycling solution market growth during the next few years. Also, adoption of unique approach in battery recycling and launch of consumer battery recycling program by vendors will lead to sizable demand in the market.

The report on the lithium-ion battery recycling solution market covers the following areas:
  • Lithium-ion battery recycling solution market sizing
  • Lithium-ion battery recycling solution market forecast
  • Lithium-ion battery recycling solution market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium-ion battery recycling solution market vendors that include Accurec Recycling GmbH, ACE Green Recycling Inc., Akkuser Oy, American Battery Technology Co., Ascend Elements Inc., Attero Recycling Pvt. Lyd., Contemporary Amperex Technology Co. Ltd., Duesenfeld GmbH, Ecobat LLC, Fortum Oyj, Ganfeng Lithium Co. Ltd., GEM Co. Ltd., Glencore Plc, Li Cycle Holdings Corp., Lithion Technologies, Neometals Ltd., RecycLiCo Battery Materials Inc., Redwood Materials Inc., Stena Metall Group, Umicore SA, and Veolia Environnement SA. Also, the lithium-ion battery recycling solution market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Type
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global lithium-ion battery recycling solution market 2018 - 2022
      • Table Historic Market Size - Data Table on global lithium-ion battery recycling solution market 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size - Type Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size - Application Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size - Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • LiCoO2 battery - Market size and forecast 2023-2028
      • Table Chart on LiCoO2 battery - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on LiCoO2 battery - Market size and forecast 2023-2028 ($ million)
      • Table Chart on LiCoO2 battery - Year-over-year growth 2023-2028 (%)
      • Table Data Table on LiCoO2 battery - Year-over-year growth 2023-2028 (%)
    • NMC battery - Market size and forecast 2023-2028
      • Table Chart on NMC battery - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on NMC battery - Market size and forecast 2023-2028 ($ million)
      • Table Chart on NMC battery - Year-over-year growth 2023-2028 (%)
      • Table Data Table on NMC battery - Year-over-year growth 2023-2028 (%)
    • LiFePO4 battery - Market size and forecast 2023-2028
      • Table Chart on LiFePO4 battery - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on LiFePO4 battery - Market size and forecast 2023-2028 ($ million)
      • Table Chart on LiFePO4 battery - Year-over-year growth 2023-2028 (%)
      • Table Data Table on LiFePO4 battery - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Automotive - Market size and forecast 2023-2028
      • Table Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • Non-automotive - Market size and forecast 2023-2028
      • Table Chart on Non-automotive - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Non-automotive - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Non-automotive - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Non-automotive - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • South Korea - Market size and forecast 2023-2028
      • Table Chart on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South Korea - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing adoption of EVs globally
      • Growing government support for lithium-ion battery recycling
      • Rising scarcity of materials used in lithium-ion batteries
    • Market challenges
      • Low yield of lithium-ion recycling battery
      • Health and environmental safety concerns associated with lithiumion battery recycling
      • High energy consumption associated with pyrometallurgy battery recycling process
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Opening of new battery recycling facilities
      • Adoption of unique approach in battery recycling
      • Launch of consumer battery recycling program by vendors
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Accurec Recycling GmbH
      • Table Accurec Recycling GmbH - Overview
      • Table Accurec Recycling GmbH - Product / Service
      • Table Accurec Recycling GmbH - Key offerings
    • ACE Green Recycling Inc.
      • Table ACE Green Recycling Inc. - Overview
      • Table ACE Green Recycling Inc. - Product / Service
      • Table ACE Green Recycling Inc. - Key offerings
    • American Battery Technology Co.
      • Table American Battery Technology Co. - Overview
      • Table American Battery Technology Co. - Product / Service
      • Table American Battery Technology Co. - Key offerings
    • Ascend Elements Inc.
      • Table Ascend Elements Inc. - Overview
      • Table Ascend Elements Inc. - Product / Service
      • Table Ascend Elements Inc. - Key offerings
    • Contemporary Amperex Technology Co. Ltd.
      • Table Contemporary Amperex Technology Co. Ltd. - Overview
      • Table Contemporary Amperex Technology Co. Ltd. - Product / Service
      • Table Contemporary Amperex Technology Co. Ltd. - Key offerings
    • Ecobat LLC
      • Table Ecobat LLC - Overview
      • Table Ecobat LLC - Product / Service
      • Table Ecobat LLC - Key offerings
    • Fortum Oyj
      • Table Fortum Oyj - Overview
      • Table Fortum Oyj - Business segments
      • Table Fortum Oyj - Key offerings
      • Table Fortum Oyj - Segment focus
    • GEM Co. Ltd.
      • Table GEM Co. Ltd. - Overview
      • Table GEM Co. Ltd. - Product / Service
      • Table GEM Co. Ltd. - Key offerings
    • Glencore Plc
      • Table Glencore Plc - Overview
      • Table Glencore Plc - Business segments
      • Table Glencore Plc - Key offerings
      • Table Glencore Plc - Segment focus
    • Li Cycle Holdings Corp.
      • Table Li Cycle Holdings Corp. - Overview
      • Table Li Cycle Holdings Corp. - Product / Service
      • Table Li Cycle Holdings Corp. - Key offerings
    • Neometals Ltd.
      • Table Neometals Ltd. - Overview
      • Table Neometals Ltd. - Product / Service
      • Table Neometals Ltd. - Key offerings
    • RecycLiCo Battery Materials Inc.
      • Table RecycLiCo Battery Materials Inc. - Overview
      • Table RecycLiCo Battery Materials Inc. - Product / Service
      • Table RecycLiCo Battery Materials Inc. - Key offerings
    • Redwood Materials Inc.
      • Table Redwood Materials Inc. - Overview
      • Table Redwood Materials Inc. - Product / Service
      • Table Redwood Materials Inc. - Key offerings
    • Stena Metall Group
      • Table Stena Metall Group - Overview
      • Table Stena Metall Group - Product / Service
      • Table Stena Metall Group - Key offerings
    • Umicore SA
      • Table Umicore SA - Overview
      • Table Umicore SA - Business segments
      • Table Umicore SA - Key news
      • Table Umicore SA - Key offerings
      • Table Umicore SA - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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