Global Used Lithium-Ion Battery Recycling Market Growth (Status and Outlook) 2025-2031

The global Used Lithium-Ion Battery Recycling market size is predicted to grow from US$ 5491 million in 2025 to US$ 10680 million in 2031; it is expected to grow at a CAGR of 11.7% from 2025 to 2031.

Batteries are recycled by being shredded, mixing all of their components. Once all of the metals are mixed into a powder, they need to be separated by either being liquified or dissolved in acid so that the desired metal can be retrieved.

China"s policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China"s new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China"s lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.

LPI (LP Information)' newest research report, the “Used Lithium-Ion Battery Recycling Industry Forecast” looks at past sales and reviews total world Used Lithium-Ion Battery Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected Used Lithium-Ion Battery Recycling sales for 2025 through 2031. With Used 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 Used Lithium-Ion Battery Recycling industry.

This Insight Report provides a comprehensive analysis of the global Used 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 Used 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 Used Lithium-Ion Battery Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Used 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 Used Lithium-Ion Battery Recycling.

This report presents a comprehensive overview, market shares, and growth opportunities of Used 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
Marine
Industrial
Electric Power

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 (CATL)
SungEel HiTech
BATREC
Retriev Technologies
Tes-Amm (Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
Li-Cycle
Fortum
Glencore International
Akkuser
Accurec-Recycling
Neometals
Taisen Recycling
Tata Chemicals Limited
Lithion Recycling
USABC
Ecobat
Primobius
Ganfeng Lithium
Guangdong Guanghua Sci-Tech
Miracle Automation Engineering
CAMEL

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