Lithium-Ion Battery Recycling Market Share 2025, Growth & Trends, 2032
Fortune Business Insights™ has released an in-depth "Lithium-Ion Battery Recycling market share 2025 Research Report" evaluating market size, trends, and forecasts up to 2032. This comprehensive analysis provides stakeholders with valuable insights into the competitive landscape, enabling them to adjust business strategies effectively.
The global lithium ion battery recycling market size was valued at USD 3.79 billion in 2023 and is projected to grow from USD 4.50 billion in 2024 to USD 23.21 billion by 2032, exhibiting a CAGR of 22.75% during the forecast period. The lithium-ion battery recycling market in the U.S. is projected to grow significantly, reaching an estimated value of USD 282.03 million by 2032, driven by the growing demand for electric vehicles and extended producer responsibility (EPR) programs that hold manufacturer responsible for end-of life management of waste batteries. The Asia Pacific dominated the Li-ion battery recycling market with a share of 90.77% in 2023.
The Lithium-Ion Battery Recycling Market Report 2025 offers a detailed examination of business opportunities, growth drivers, and trend analysis segmented by Application, Type, and Regions (North America, Europe, Asia-Pacific, South America, Middle East, and Africa).
By Chemistry
Lithium Cobalt Oxide (LCO)
Lithium Iron Phosphate (LFP)
Lithium Manganese Oxide (LMO)
Lithium Nickel Cobalt Aluminum Oxide (NCA)
Lithium Nickel Manganese Cobalt Oxide (NMC)
By Source
Electronics
Electric Vehicles
Power Tools
Others
By Recycling Process
Physical/Mechanical
Hydrometallurgical
Pyrometallurgical
This segmentation ensures accurate calculations and forecasts for sales volume and value, helping businesses target niche markets effectively.
The report highlights the strategies of top companies, including mergers, acquisitions, and expansions within the Lithium-Ion Battery Recycling market. Global leaders in the Lithium-Ion Battery Recycling market are ranked by revenue, with a focus on their regional presence and product offerings.
The Lithium-Ion Battery Recycling market demonstrates robust growth potential, with Europe anticipated to exhibit the highest CAGR. Key regions like North America and Asia-Pacific are also significant contributors to market growth.
Fortune Business Insights™ employs a rigorous research methodology that includes:
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For detailed insights and a copy of the Lithium-Ion Battery Recycling Market Research Report 2025, reach out to Fortune Business Insights™: