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The growing end-user industries such as consumer electronics, industrial applications, and automobiles are spurring the growth of the market to reduce the battery waste. Automobile application of the battery recycling industry is expected to witness growth owing to the increasing demand for lithium-ion batteries for electric vehicles due to their high efficiency, long life, and low maintenance. There is a lack of resources for the production of a new battery as compared to the projected demand from different end-user industries. The process of battery recycling is important to recover valuable material as well as to efficiently manage waste to eliminate hazardous environmental impacts. The use of recovered metal for the production of recycled batter aids in the reduction of carbon emissions to a large extent.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 20245
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Battery Recycling Market by Battery Type
- Lithium-ion
- Lead-Acid
- Nickel-based
- Other
Global Battery Recycling Market by Source
- Automotive
- Industrial
- Consumer Electronics
Regional Analysis
- North America
- United States
- copyright
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- American Manganese Inc.
- Battery Solutions, LLC
- COM2 Recycling Solutions
- Clarios (Brookfield Business Partners)
- East Penn Manufacturing Co.
- Ecobat, LLC
- Eco-Bat Technologies Ltd. (G&P Batteries)
- GlobalTech Environmental
- Gopher Resource
- Gravita India Ltd.
- Li-Cycle Corp.
- Raw Materials Co. Inc.
- Recupyl SAS
- Retriev Technologies
- Terrapure Environmental
- Tes-Amm Singapore Pte Ltd.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global battery recycling market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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