by
According to the Foreclaro Global Research, the
Global
Battery Recycling Market size was valued at USD 21117.6 million in 2024. The report “Global
Battery Recycling Market Segmentation By Battery Chemistry (Lithium-Ion
Batteries, Lead-Acid Batteries, Nickel-Based Batteries, Other Batteries), By
Battery Source (Automotive Batteries, Industrial Batteries, Consumer
Electronics Batteries, Portable Device Batteries), By Recycling Process (Hydrometallurgical
Process, Pyrometallurgical Process, Mechanical/Physical Process, Direct
Recycling), By Recovered Material (Metals {Lithium, Cobalt, Nickel, Lead, Aluminum,
Copper}, Plastics, Electrolytes, Other Materials), By End-Use Application (Reuse
in New Batteries, Metal Industry, Consumer Electronics Manufacturing, Automotive
Industry, Energy Storage Systems)- Industry Trends and Forecast to 2033” gives a detailed insight into current market
dynamics and provides analysis on future market growth.
The battery recycling marketplace performs an
important role in addressing the environmental and financial demanding
situations posed with the aid of using the growing use of electric vehicles,
renewable energy storage structures, and consumer electronics. With the growing
quantity of end-of-life batteries, recycling has turned out to be critical to
get better vital uncooked substances including lithium, cobalt, nickel, and
lead, lowering dependence on mining and ensuring a strong deliver chain for
excessive-call for industries. Governments in the course of North America,
Europe, and the Asia-Pacific are enforcing stringent regulations and spherical
monetary machine regulations, boosting investments in recycling infrastructure
and advanced techniques like hydrometallurgical, pyrometallurgical, and direct
recycling. Moreover, the market is witnessing improved collaboration amongst
automakers, battery manufacturers, and recyclers to create closed-loop systems
that maximize beneficial aid recovery. While excessive capital expenses and
protection demanding situations remain, the fast growth of EVs and power garage
solutions continues to unlock power possibilities for sustainable growth,
making battery recycling a cornerstone of the global clean power transition.
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Global Battery
Recycling Market Report Highlights
· Rising
adoption of electric vehicles (EVs), renewable power garage, and patron
electronics is fueling demand for green recycling solutions to deal with the
surge in end-of-life batteries.
· Hydrometallurgical,
pyrometallurgical, mechanical, and direct recycling strategies are evolving
rapidly, allowing better restoration charges of essential substances, including
lithium, cobalt, nickel, and lead.
· Stringent
authorities policies and round financial system projects in areas just as the
EU, North America, and Asia-Pacific are accelerating funding in large-scale
recycling infrastructure.
· Partnerships
amongst automakers, battery producers, and recyclers are fostering closed-loop delivery
chains, ensuring stable access to essential raw substances.
· Emerging
economies and second-lifestyle packages of EV batteries in power garage
structures gift untapped boom opportunities.
· High
capital costs, loss of standardized frameworks, protection dangers in coping
with numerous chemistries, and opposition with the number one mining are stay
most important restraints.
Foreclaro
Global Research has segmented the Battery Recycling Market report based on Battery
Chemistry, Battery Source, Recycling Process, Recovered Material, End User
Application, and region:
Battery
Recycling Market, Battery Chemistry Outlook (Revenue - USD Million, 2020 -
2033)
Lithium-Ion
Batteries
Lead-Acid
Batteries
Nickel-Based
Batteries
Other
Batteries
Battery
Recycling Market, Battery Source Outlook (Revenue - USD Million, 2020 - 2033)
Automotive
Batteries
Industrial
Batteries
Consumer
Electronics Batteries
Portable
Device Batteries
Battery
Recycling Market, Recycling Process Outlook (Revenue - USD Million, 2020 -
2033)
Hydrometallurgical
Process
Pyrometallurgical
Process
Mechanical/Physical
Process
Direct
Recycling
Battery
Recycling Market, Recovered Materials Outlook (Revenue - USD Million, 2020 -
2033)
Metals
·
Lithium
·
Cobalt
·
Nickel
·
Lead
·
Aluminum
·
Copper
Plastics
Electrolytes
Other
Materials
Battery
Recycling Market, End User Application Outlook (Revenue - USD Million, 2020 -
2033)
Reuse in
New Batteries
Metal
Industry
Consumer
Electronics Manufacturing
Automotive
Industry
Energy
Storage Systems
Battery
Recycling Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Battery Recycling Market Key Players
·
Call2Recycle
·
Exide Technologies
·
Gravita India Ltd.
·
Glencore
·
Cirba Solutions
·
American Battery Technology Company
·
Gopher Resource
·
East Penn Manufacturing Co.
·
Aqua Metals
