Global EV Lithium-ion Battery Recycling Market Growth (Status and Outlook) 2025-2031

The global EV Lithium-ion Battery Recycling market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Battery recycling is a recycling activity that aims to reduce the number of batteries being disposed as municipal solid waste. Batteries contain a number of heavy metals and toxic chemicals and disposing of them by the same process as regular trash has raised concerns over soil contamination and water pollution.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

LPI (LP Information)' newest research report, the “EV Lithium-ion Battery Recycling Industry Forecast” looks at past sales and reviews total world EV Lithium-ion Battery Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected EV Lithium-ion Battery Recycling sales for 2025 through 2031. With EV Lithium-ion Battery Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EV Lithium-ion Battery Recycling industry.

This Insight Report provides a comprehensive analysis of the global EV Lithium-ion Battery Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on EV Lithium-ion Battery Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EV Lithium-ion Battery Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EV Lithium-ion Battery Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EV Lithium-ion Battery Recycling.

This report presents a comprehensive overview, market shares, and growth opportunities of EV Lithium-ion Battery Recycling market by product type, application, key players and key regions and countries.

Segmentation by Type:
LiCoO2 Battery
NMC Battery
LiFePO4 Battery
Other

Segmentation by Application:
Automotive
Industrial
Electric Power
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
Li-Cycle Corp.
Fortum
Raw Materials Company
Glencore International
Akkuser
Accurec-Recycling
Neometals Ltd
Tata Chemicals Limited
American Zinc Recycling
USCAR
Lithion Recycling Inc.
American Manganese Inc
Ecobat
Primobius

Please note: The report will take approximately 2 business days to prepare and deliver.