Electric Vehicle Battery Recycling Market: Global Market Size, Forecast, Insights, and Competitive Landscape

Electric Vehicle Battery Recycling Market: Global Market Size, Forecast, Insights, and Competitive Landscape

The global electric vehicle battery recycling market is expected to grow at a CAGR of around 38.2% during 2025-2034. This report on global electric vehicle battery recycling market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global electric vehicle battery recycling market by segmenting the market based on chemistry, application, process, vehicle type, and region. Also, detailed profiles of companies operating in the electric vehicle battery recycling market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Growth in Demand for Zero Emission Vehicles
• Growing Demand for Recycled Products & Materials
• Increasing Production and Sales of Electric Cars

Market Challenges

• High Cost to Setup Recycling Plant
• Lack of Awareness about EVB Recycling

Historical & Forecast Period

Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034

Market by Chemistry

• Lead-acid Battery
• Lithium-based Battery
• Nickel-based Battery
• Others

Market by Application

• Electric Cars
• Electric Buses
• Energy Storage Systems
• Other

Market by Process

• Hydrometallurgical
• Pyrometallurgical
• Others

Market by Vehicle Type

• Commercial Vehicle
• Passenger Car

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa