Global Battery Recycling Market Forecast 2035:
According to the report, the global battery recycling market is likely to grow from USD 27.1 Billion in 2025 to USD 71.3 Billion in 2035 at a highest CAGR of 9.2% during the time period. Electrification of transportation vehicles, the proliferation of energy storage projects, and the rising policy-driven insistence to close the loop on the utilization of critical minerals are speeding up the growth of a global battery recycling market. With electric vehicles (EVs) moving into high number production, they will soon hit the mass markets and in turn, increase volumes of end-of-life lithium-ion batteries, which are sharply leading into formal recovery structures by governments and manufacturers themselves.
The focus on recycling to reduce the risk in the supply of raw materials, especially lithium, cobalt, and nickel, is also being considered due to geopolitical tensions and limited mining capabilities. At the same time, the technological change occurs in hydrometallurgical and direct recycling technologies, increasing the level of extraction and decreasing the environmental impact, which means that recycling is becoming a more feasible economic option.
Recycled battery material is increasingly being used in production of new batteries by major companies, advancing a target of circularity and aligning with emerging regulations, such as carbon border adjustments and content traceability. With the increasing global energy transformation, battery recycling is growing into a pillar in support of the sustainable and secure supply chain.
“Key Driver, Restraint, and Growth Opportunity Shaping the Global Battery Recycling Market
The increasing focus on corporate environmental, social, and corporate governance (ESG) guidelines are compelling large battery manufacturers and auto companies to consider battery recycling as an essential sustainability role. Closed-loop supply chains also is rising among the companies whereby the materials that are used are recycled into the production of new materials to minimize emissions and virgin mining. Companies like Panasonic and Stellantis publicly listed their targets to draw more battery inputs sourced within recycled materials in their net-zero-related targets. This ESG-fueled momentum is fixing battery recycling into the long-term strategic operations.
A new potential is seen in the possibility to capture synergies between battery recycling and comprehensive urban mining activities, which also recover critical minerals in waste electronics. There are also various amounts of small electronics with lithium-ion batteries, value metals and, wearables such as smartphones and power tools. Companies that carry out e-waste and battery waste co-processing on an industrial scale could profitably diversify their input streams, reduce their operational costs to a minimum, and generate new revenue streams particularly as the turnover of consumer electronics equipment increases and e-waste policy takes a more stringent turn toward mandatory e-wastes recovery across the globe.
"Impact of Global Tariff Policies on the Battery Recycling Market Growth and Strategy"
- Tariff rates are starting to shape the global battery recycling markets and size of markets, with regards to raw materials and processed battery components sourcing and trading competitiveness. A combination of the high import tariffs on vital battery supplies like lithium carbonate, cobalt sulfate, and nickel intermediates is triggering the re-double-down on the cross-border sourcing and movement towards domestic recycling. As an example, the United States put high tariffs in the last quarter of 2024 on a number of the Chinese-origin cathode active materials in strategic trade policies. This has enormously increased the tariffs on bringing in recycled black mass and refined materials giving North American recyclers such as Li-Cycle and Redwood Materials to increase their domestic recovery and processing capabilities by two-fold to keep their business vertical independent of whims, caprices, and geopolitical instabilities.
- Likewise, the shifting tariff systems of the European Union as part of its Green Deal and the Circular Economy Action Plan are putting economic pressure to keep the battery materials inside the European Union, as well. Following the tariff pressure, in early 2025, Umicore came out with a strategy shift to target increased recycling in Belgium and Poland to ensure it did not have to shoulder the tariff escalated journey that comes with shipping Asia-produced processed battery metals. Such policy changes are not only re-altering the international movement of battery materials but it is also helping to increase investment in domestic and regional recycling centers, a pattern that adds to the phenomenon of supply chain localization and protecting operations in key markets against tariffs.
Expansion of Global Battery Recycling Market
“Automotive Batteries Fueling Peak Demand in Recycling Source Stream”
- The automotive battery is the largest source segment in the battery recycling market because of the bulky lithium-ion pack size and material density of packs used in electrical cars. Lithium, cobalt, and nickel are of great substance in each EV battery, which is economically lucrative to acquire with high yields. In May 2025, Glencore started introducing an increased number of battery collection activities in Europe to handle mounds of used EV batteries, which are provided by large car manufacturers.
- Also, the total lifecycle of automotive batteries that arrived at the end-of-life is already approaching the initial EV adoption trend in China, Europe, and the U.S. wherein EVs that went on sale between 2015-2018 are reaching their retirement date. Retriev Technologies recorded the highest intake of EV batteries in June 2025, with an influential indication of the prevailing trend as it registered a solid 30-percent jump throughout its facilities in the United States.
- The scale, composition, and maturity of the EV batteries constitute the most condemned and repetitive input globally on battery recycling.
Regional Analysis of Global Battery Recycling Market
- The demand in the global battery recycling market is the highest in Asia Pacific because the region has superior battery production capacity, EV saturation, and better enforcement of the recycling protocols in the region. In April 2025, GEM Co., Ltd. opened the third-generation automated processing facility of black masses in the Hunan Province, which made 150, 000 tons possible a year and strengthened Chinese recovery leadership in volume. There is no region where recycling has been integrated in the industrial policy dynamics to the same extent as in the region.
- Asia Pacific is the epicenter of the global battery recycling demand with a thick production ecosystem and like-minded policy.
- North America is recording the fastest growth as federal investments are soaring, battery production is increasing and internal supply chain security projects are on the rise. In May of 2025, the U.S. Department of Energy financed ABTC to produce its lithium recovery technology on an industrial scale to expedite the progress in the development of recycling capacities in the region.
Prominent players operating in the global battery recycling market are Accurec Recycling GmbH, American Battery Technology Company (ABTC), Aqua Metals, Inc., Batrec Industrie AG, Battery Solutions LLC, Call2Recycle, Inc., Duesenfeld GmbH, Ecobat, Envirostream Australia Pty Ltd., Fortum Oyj, GEM Co., Ltd., Glencore plc, Li-Cycle Holdings Corp., Neometals Ltd., Raw Materials Company Inc. (RMC), Redwood Materials, Inc., Retriev Technologies Inc., SungEel HiTech Co., Ltd., TES – Sustainable Technology Solutions, Umicore, and Other Key Players.
The global battery recycling market has been segmented as follows:
Global Battery Recycling Market Analysis, by Battery Type
- Lead-Acid Batteries
- Lithium-ion Batteries
- Nickel-Cadmium Batteries
- Nickel-Metal Hydride Batteries
- Alkaline Batteries
- Other Batteries (e.g., Zinc-carbon, Silver-oxide)
Global Battery Recycling Market Analysis, by Chemistry
- Lithium-Nickel-Manganese-Cobalt Oxide (NMC)
- Lithium-Iron-Phosphate (LFP)
- Lithium-Cobalt Oxide (LCO)
- Lithium-Nickel-Cobalt-Aluminum Oxide (NCA)
- Lithium-Titanate (LTO)
- Lead-based
- Nickel-based
- Others
Global Battery Recycling Market Analysis, by Source
- Automotive Batteries
- Electric Vehicles (EVs)
- Internal Combustion Engine (ICE) vehicles
- Industrial Batteries
- Uninterruptible Power Supplies (UPS)
- Machinery & Equipment
- Grid Energy Storage
- Others
- Consumer & Electronic Device Batteries
- Smartphones
- Laptops
- Wearables
- Others
- Others (Marine, Railway, Military, etc.)
Global Battery Recycling Market Analysis, by Recycling Process/ Technology
- Mechanical/Physical Recycling
- Pyrometallurgical Recycling (smelting)
- Hydrometallurgical Recycling (leaching)
- Direct/Closed-loop Recycling
- Hybrid Recycling Techniques
- Others
Global Battery Recycling Market Analysis, by Material Recovered
- Lead
- Lithium
- Cobalt
- Nickel
- Graphite
- Manganese
- Plastic and Electrolyte Fluids
- Others
Global Battery Recycling Market Analysis, by End-Use Industry
- Automotive
- Consumer Electronics
- Industrial
- Energy & Utilities (Energy Storage Systems)
- Defense
- Others (Telecom, Marine, Aviation, etc.)
Global Battery Recycling Market Analysis, by Region
- North America
- Europe
- Asia Pacific
- Middle East
- Africa
- South America
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Table of Contents
- 1. Research Methodology and Assumptions
- 1.1. Definitions
- 1.2. Research Design and Approach
- 1.3. Data Collection Methods
- 1.4. Base Estimates and Calculations
- 1.5. Forecasting Models
- 1.5.1. Key Forecast Factors & Impact Analysis
- 1.6. Secondary Research
- 1.6.1. Open Sources
- 1.6.2. Paid Databases
- 1.6.3. Associations
- 1.7. Primary Research
- 1.7.1. Primary Sources
- 1.7.2. Primary Interviews with Stakeholders across Ecosystem
- 2. Executive Summary
- 2.1. Global Battery Recycling Market Outlook
- 2.1.1. Battery Recycling Market Size (Value - US$ Bn), and Forecasts, 2021-2035
- 2.1.2. Compounded Annual Growth Rate Analysis
- 2.1.3. Growth Opportunity Analysis
- 2.1.4. Segmental Share Analysis
- 2.1.5. Geographical Share Analysis
- 2.2. Market Analysis and Facts
- 2.3. Supply-Demand Analysis
- 2.4. Competitive Benchmarking
- 2.5. Go-to- Market Strategy
- 2.5.1. Customer/ End-use Industry Assessment
- 2.5.2. Growth Opportunity Data, 2025-2035
- 2.5.2.1. Regional Data
- 2.5.2.2. Country Data
- 2.5.2.3. Segmental Data
- 2.5.3. Identification of Potential Market Spaces
- 2.5.4. GAP Analysis
- 2.5.5. Potential Attractive Price Points
- 2.5.6. Prevailing Market Risks & Challenges
- 2.5.7. Preferred Sales & Marketing Strategies
- 2.5.8. Key Recommendations and Analysis
- 2.5.9. A Way Forward
- 2.1. Global Battery Recycling Market Outlook
- 3. Industry Data and Premium Insights
- 3.1. Global Automotive Industry Overview, 2025
- 3.1.1. Industry Ecosystem Analysis
- 3.1.2. Key Trends for Automotive Industry
- 3.1.3. Regional Distribution for Automotive Industry
- 3.2. Supplier Customer Data
- 3.3. Technology Roadmap and Developments
- 3.4. Trade Analysis
- 3.4.1. Import & Export Analysis, 2025
- 3.4.2. Top Importing Countries
- 3.4.3. Top Exporting Countries
- 3.5. Trump Tariff Impact Analysis
- 3.5.1. Manufacturer
- 3.5.1.1. Based on the component & Raw material
- 3.5.2. Supply Chain
- 3.5.3. End Consumer
- 3.5.1. Manufacturer
- 3.6. Raw Material Analysis
- 3.1. Global Automotive Industry Overview, 2025
- 4. Market Overview
- 4.1. Market Dynamics
- 4.1.1. Drivers
- 4.1.1.1. Surge in electric vehicle (EV) adoption leading to higher volumes of end-of-life lithium-ion batteries
- 4.1.1.2. Regulatory mandates enforcing Extended Producer Responsibility (EPR) and recycling quotas
- 4.1.1.3. Rising demand for critical minerals like lithium, cobalt, and nickel amid limited mining output
- 4.1.2. Restraints
- 4.1.2.1. High capital investment and operational costs for setting up advanced recycling facilities.
- 4.1.2.2. Lack of standardized collection infrastructure and consumer awareness in developing regions
- 4.1.1. Drivers
- 4.2. Key Trend Analysis
- 4.3. Regulatory Framework
- 4.3.1. Key Regulations, Norms, and Subsidies, by Key Countries
- 4.3.2. Tariffs and Standards
- 4.3.3. Impact Analysis of Regulations on the Market
- 4.4. Value Chain Analysis
- 4.4.1. Raw Material Suppliers
- 4.4.2. Battery Recycling Companies
- 4.4.3. End-users/ Customers
- 4.5. Cost Structure Analysis
- 4.5.1. Parameter’s Share for Cost Associated
- 4.5.2. COGP vs COGS
- 4.5.3. Profit Margin Analysis
- 4.6. Pricing Analysis
- 4.6.1. Regional Pricing Analysis
- 4.6.2. Segmental Pricing Trends
- 4.6.3. Factors Influencing Pricing
- 4.7. Porter’s Five Forces Analysis
- 4.8. PESTEL Analysis
- 4.9. Global Battery Recycling Market Demand
- 4.9.1. Historical Market Size - in Value (US$ Bn), 2020-2024
- 4.9.2. Current and Future Market Size - in Value (US$ Bn), 2025–2035
- 4.9.2.1. Y-o-Y Growth Trends
- 4.9.2.2. Absolute $ Opportunity Assessment
- 4.1. Market Dynamics
- 5. Competition Landscape
- 5.1. Competition structure
- 5.1.1. Fragmented v/s consolidated
- 5.2. Company Share Analysis, 2025
- 5.2.1. Global Company Market Share
- 5.2.2. By Region
- 5.2.2.1. North America
- 5.2.2.2. Europe
- 5.2.2.3. Asia Pacific
- 5.2.2.4. Middle East
- 5.2.2.5. Africa
- 5.2.2.6. South America
- 5.3. Product Comparison Matrix
- 5.3.1. Specifications
- 5.3.2. Market Positioning
- 5.3.3. Pricing
- 5.1. Competition structure
- 6. Global Battery Recycling Market Analysis, by Battery Type
- 6.1. Key Segment Analysis
- 6.2. Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, by Battery Type, 2021-2035
- 6.2.1. Lead-Acid Batteries
- 6.2.2. Lithium-ion Batteries
- 6.2.3. Nickel-Cadmium Batteries
- 6.2.4. Nickel-Metal Hydride Batteries
- 6.2.5. Alkaline Batteries
- 6.2.6. Other Batteries (e.g., Zinc-carbon, Silver-oxide)
- 7. Global Battery Recycling Market Analysis, by Chemistry
- 7.1. Key Segment Analysis
- 7.2. Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, by Chemistry, 2021-2035
- 7.2.1. Lithium-Nickel-Manganese-Cobalt Oxide (NMC)
- 7.2.2. Lithium-Iron-Phosphate (LFP)
- 7.2.3. Lithium-Cobalt Oxide (LCO)
- 7.2.4. Lithium-Nickel-Cobalt-Aluminum Oxide (NCA)
- 7.2.5. Lithium-Titanate (LTO)
- 7.2.6. Lead-based
- 7.2.7. Nickel-based
- 7.2.8. Others
- 8. Global Battery Recycling Market Analysis, by Source
- 8.1. Key Segment Analysis
- 8.2. Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, by Source, 2021-2035
- 8.2.1. Automotive Batteries
- 8.2.1.1. Electric Vehicles (EVs)
- 8.2.1.2. Internal Combustion Engine (ICE) vehicles
- 8.2.2. Industrial Batteries
- 8.2.2.1. Uninterruptible Power Supplies (UPS)
- 8.2.2.2. Machinery & Equipment
- 8.2.2.3. Grid Energy Storage
- 8.2.2.4. Others
- 8.2.3. Consumer & Electronic Device Batteries
- 8.2.3.1. Smartphones
- 8.2.3.2. Laptops
- 8.2.3.3. Wearables
- 8.2.3.4. Others
- 8.2.4. Others (Marine, Railway, Military, etc.)
- 8.2.1. Automotive Batteries
- 9. Global Battery Recycling Market Analysis, by Recycling Process/ Technology
- 9.1. Key Segment Analysis
- 9.2. Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, by Recycling Process/ Technology, 2021-2035
- 9.2.1. Mechanical/Physical Recycling
- 9.2.2. Pyrometallurgical Recycling (smelting)
- 9.2.3. Hydrometallurgical Recycling (leaching)
- 9.2.4. Direct/Closed-loop Recycling
- 9.2.5. Hybrid Recycling Techniques
- 9.2.6. Others
- 10. Global Battery Recycling Market Analysis, by Material Recovered
- 10.1. Key Segment Analysis
- 10.2. Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, by Material Recovered, 2021-2035
- 10.2.1. Lead
- 10.2.2. Lithium
- 10.2.3. Cobalt
- 10.2.4. Nickel
- 10.2.5. Graphite
- 10.2.6. Manganese
- 10.2.7. Plastic and Electrolyte Fluids
- 10.2.8. Others
- 11. Global Battery Recycling Market Analysis, by End-Use Industry
- 11.1. Key Segment Analysis
- 11.2. Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, by End-Use Industry, 2021-2035
- 11.2.1. Automotive
- 11.2.2. Consumer Electronics
- 11.2.3. Industrial
- 11.2.4. Energy & Utilities (Energy Storage Systems)
- 11.2.5. Defense
- 11.2.6. Others (Telecom, Marine, Aviation, etc.)
- 12. Global Battery Recycling Market Analysis and Forecasts, by Region
- 12.1. Key Findings
- 12.2. Battery Recycling Market Size (Volume - Mn Units and Value - US$ Mn), Analysis, and Forecasts, by Region, 2021-2035
- 12.2.1. North America
- 12.2.2. Europe
- 12.2.3. Asia Pacific
- 12.2.4. Middle East
- 12.2.5. Africa
- 12.2.6. South America
- 13. North America Battery Recycling Market Analysis
- 13.1. Key Segment Analysis
- 13.2. Regional Snapshot
- 13.3. North America Battery Recycling Market Size Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 13.3.1. Battery Type
- 13.3.2. Chemistry
- 13.3.3. Source
- 13.3.4. Recycling Process/ Technology
- 13.3.5. Material Recovered
- 13.3.6. End-Use Industry
- 13.3.7. Country
- 13.3.7.1. USA
- 13.3.7.2. Canada
- 13.3.7.3. Mexico
- 13.4. USA Battery Recycling Market
- 13.4.1. Country Segmental Analysis
- 13.4.2. Battery Type
- 13.4.3. Chemistry
- 13.4.4. Source
- 13.4.5. Recycling Process/ Technology
- 13.4.6. Material Recovered
- 13.4.7. End-Use Industry
- 13.5. Canada Battery Recycling Market
- 13.5.1. Country Segmental Analysis
- 13.5.2. Battery Type
- 13.5.3. Chemistry
- 13.5.4. Source
- 13.5.5. Recycling Process/ Technology
- 13.5.6. Material Recovered
- 13.5.7. End-Use Industry
- 13.6. Mexico Battery Recycling Market
- 13.6.1. Country Segmental Analysis
- 13.6.2. Battery Type
- 13.6.3. Chemistry
- 13.6.4. Source
- 13.6.5. Recycling Process/ Technology
- 13.6.6. Material Recovered
- 13.6.7. End-Use Industry
- 14. Europe Battery Recycling Market Analysis
- 14.1. Key Segment Analysis
- 14.2. Regional Snapshot
- 14.3. Europe Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 14.3.1. Battery Type
- 14.3.2. Chemistry
- 14.3.3. Source
- 14.3.4. Recycling Process/ Technology
- 14.3.5. Material Recovered
- 14.3.6. End-Use Industry
- 14.3.7. Country
- 14.3.7.1. Germany
- 14.3.7.2. United Kingdom
- 14.3.7.3. France
- 14.3.7.4. Italy
- 14.3.7.5. Spain
- 14.3.7.6. Netherlands
- 14.3.7.7. Nordic Countries
- 14.3.7.8. Poland
- 14.3.7.9. Russia & CIS
- 14.3.7.10. Rest of Europe
- 14.4. Germany Battery Recycling Market
- 14.4.1. Country Segmental Analysis
- 14.4.2. Battery Type
- 14.4.3. Chemistry
- 14.4.4. Source
- 14.4.5. Recycling Process/ Technology
- 14.4.6. Material Recovered
- 14.4.7. End-Use Industry
- 14.5. United Kingdom Battery Recycling Market
- 14.5.1. Country Segmental Analysis
- 14.5.2. Battery Type
- 14.5.3. Chemistry
- 14.5.4. Source
- 14.5.5. Recycling Process/ Technology
- 14.5.6. Material Recovered
- 14.5.7. End-Use Industry
- 14.6. France Battery Recycling Market
- 14.6.1. Country Segmental Analysis
- 14.6.2. Battery Type
- 14.6.3. Chemistry
- 14.6.4. Source
- 14.6.5. Recycling Process/ Technology
- 14.6.6. Material Recovered
- 14.6.7. End-Use Industry
- 14.7. Italy Battery Recycling Market
- 14.7.1. Country Segmental Analysis
- 14.7.2. Battery Type
- 14.7.3. Chemistry
- 14.7.4. Source
- 14.7.5. Recycling Process/ Technology
- 14.7.6. Material Recovered
- 14.7.7. End-Use Industry
- 14.8. Spain Battery Recycling Market
- 14.8.1. Country Segmental Analysis
- 14.8.2. Battery Type
- 14.8.3. Chemistry
- 14.8.4. Source
- 14.8.5. Recycling Process/ Technology
- 14.8.6. Material Recovered
- 14.8.7. End-Use Industry
- 14.9. Netherlands Battery Recycling Market
- 14.9.1. Country Segmental Analysis
- 14.9.2. Battery Type
- 14.9.3. Chemistry
- 14.9.4. Source
- 14.9.5. Recycling Process/ Technology
- 14.9.6. Material Recovered
- 14.9.7. End-Use Industry
- 14.10. Nordic Countries Battery Recycling Market
- 14.10.1. Country Segmental Analysis
- 14.10.2. Battery Type
- 14.10.3. Chemistry
- 14.10.4. Source
- 14.10.5. Recycling Process/ Technology
- 14.10.6. Material Recovered
- 14.10.7. End-Use Industry
- 14.11. Poland Battery Recycling Market
- 14.11.1. Country Segmental Analysis
- 14.11.2. Battery Type
- 14.11.3. Chemistry
- 14.11.4. Source
- 14.11.5. Recycling Process/ Technology
- 14.11.6. Material Recovered
- 14.11.7. End-Use Industry
- 14.12. Russia & CIS Battery Recycling Market
- 14.12.1. Country Segmental Analysis
- 14.12.2. Battery Type
- 14.12.3. Chemistry
- 14.12.4. Source
- 14.12.5. Recycling Process/ Technology
- 14.12.6. Material Recovered
- 14.12.7. End-Use Industry
- 14.13. Rest of Europe Battery Recycling Market
- 14.13.1. Country Segmental Analysis
- 14.13.2. Battery Type
- 14.13.3. Chemistry
- 14.13.4. Source
- 14.13.5. Recycling Process/ Technology
- 14.13.6. Material Recovered
- 14.13.7. End-Use Industry
- 15. Asia Pacific Battery Recycling Market Analysis
- 15.1. Key Segment Analysis
- 15.2. Regional Snapshot
- 15.3. East Asia Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 15.3.1. Battery Type
- 15.3.2. Chemistry
- 15.3.3. Source
- 15.3.4. Recycling Process/ Technology
- 15.3.5. Material Recovered
- 15.3.6. End-Use Industry
- 15.3.7. Country
- 15.3.7.1. China
- 15.3.7.2. India
- 15.3.7.3. Japan
- 15.3.7.4. South Korea
- 15.3.7.5. Australia and New Zealand
- 15.3.7.6. Indonesia
- 15.3.7.7. Malaysia
- 15.3.7.8. Thailand
- 15.3.7.9. Vietnam
- 15.3.7.10. Rest of Asia Pacific
- 15.4. China Battery Recycling Market
- 15.4.1. Country Segmental Analysis
- 15.4.2. Battery Type
- 15.4.3. Chemistry
- 15.4.4. Source
- 15.4.5. Recycling Process/ Technology
- 15.4.6. Material Recovered
- 15.4.7. End-Use Industry
- 15.5. India Battery Recycling Market
- 15.5.1. Country Segmental Analysis
- 15.5.2. Battery Type
- 15.5.3. Chemistry
- 15.5.4. Source
- 15.5.5. Recycling Process/ Technology
- 15.5.6. Material Recovered
- 15.5.7. End-Use Industry
- 15.6. Japan Battery Recycling Market
- 15.6.1. Country Segmental Analysis
- 15.6.2. Battery Type
- 15.6.3. Chemistry
- 15.6.4. Source
- 15.6.5. Recycling Process/ Technology
- 15.6.6. Material Recovered
- 15.6.7. End-Use Industry
- 15.7. South Korea Battery Recycling Market
- 15.7.1. Country Segmental Analysis
- 15.7.2. Battery Type
- 15.7.3. Chemistry
- 15.7.4. Source
- 15.7.5. Recycling Process/ Technology
- 15.7.6. Material Recovered
- 15.7.7. End-Use Industry
- 15.8. Australia and New Zealand Battery Recycling Market
- 15.8.1. Country Segmental Analysis
- 15.8.2. Battery Type
- 15.8.3. Chemistry
- 15.8.4. Source
- 15.8.5. Recycling Process/ Technology
- 15.8.6. Material Recovered
- 15.8.7. End-Use Industry
- 15.9. Indonesia Battery Recycling Market
- 15.9.1. Country Segmental Analysis
- 15.9.2. Battery Type
- 15.9.3. Chemistry
- 15.9.4. Source
- 15.9.5. Recycling Process/ Technology
- 15.9.6. Material Recovered
- 15.9.7. End-Use Industry
- 15.10. Malaysia Battery Recycling Market
- 15.10.1. Country Segmental Analysis
- 15.10.2. Battery Type
- 15.10.3. Chemistry
- 15.10.4. Source
- 15.10.5. Recycling Process/ Technology
- 15.10.6. Material Recovered
- 15.10.7. End-Use Industry
- 15.11. Thailand Battery Recycling Market
- 15.11.1. Country Segmental Analysis
- 15.11.2. Battery Type
- 15.11.3. Chemistry
- 15.11.4. Source
- 15.11.5. Recycling Process/ Technology
- 15.11.6. Material Recovered
- 15.11.7. End-Use Industry
- 15.12. Vietnam Battery Recycling Market
- 15.12.1. Country Segmental Analysis
- 15.12.2. Battery Type
- 15.12.3. Chemistry
- 15.12.4. Source
- 15.12.5. Recycling Process/ Technology
- 15.12.6. Material Recovered
- 15.12.7. End-Use Industry
- 15.13. Rest of Asia Pacific Battery Recycling Market
- 15.13.1. Country Segmental Analysis
- 15.13.2. Battery Type
- 15.13.3. Chemistry
- 15.13.4. Source
- 15.13.5. Recycling Process/ Technology
- 15.13.6. Material Recovered
- 15.13.7. End-Use Industry
- 16. Middle East Battery Recycling Market Analysis
- 16.1. Key Segment Analysis
- 16.2. Regional Snapshot
- 16.3. Middle East Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 16.3.1. Battery Type
- 16.3.2. Chemistry
- 16.3.3. Source
- 16.3.4. Recycling Process/ Technology
- 16.3.5. Material Recovered
- 16.3.6. End-Use Industry
- 16.3.7. Country
- 16.3.7.1. Turkey
- 16.3.7.2. UAE
- 16.3.7.3. Saudi Arabia
- 16.3.7.4. Israel
- 16.3.7.5. Rest of Middle East
- 16.4. Turkey Battery Recycling Market
- 16.4.1. Country Segmental Analysis
- 16.4.2. Battery Type
- 16.4.3. Chemistry
- 16.4.4. Source
- 16.4.5. Recycling Process/ Technology
- 16.4.6. Material Recovered
- 16.4.7. End-Use Industry
- 16.5. UAE Battery Recycling Market
- 16.5.1. Country Segmental Analysis
- 16.5.2. Battery Type
- 16.5.3. Chemistry
- 16.5.4. Source
- 16.5.5. Recycling Process/ Technology
- 16.5.6. Material Recovered
- 16.5.7. End-Use Industry
- 16.6. Saudi Arabia Battery Recycling Market
- 16.6.1. Country Segmental Analysis
- 16.6.2. Battery Type
- 16.6.3. Chemistry
- 16.6.4. Source
- 16.6.5. Recycling Process/ Technology
- 16.6.6. Material Recovered
- 16.6.7. End-Use Industry
- 16.7. Israel Battery Recycling Market
- 16.7.1. Country Segmental Analysis
- 16.7.2. Battery Type
- 16.7.3. Chemistry
- 16.7.4. Source
- 16.7.5. Recycling Process/ Technology
- 16.7.6. Material Recovered
- 16.7.7. End-Use Industry
- 16.8. Rest of Middle East Battery Recycling Market
- 16.8.1. Country Segmental Analysis
- 16.8.2. Battery Type
- 16.8.3. Chemistry
- 16.8.4. Source
- 16.8.5. Recycling Process/ Technology
- 16.8.6. Material Recovered
- 16.8.7. End-Use Industry
- 17. Africa Battery Recycling Market Analysis
- 17.1. Key Segment Analysis
- 17.2. Regional Snapshot
- 17.3. Africa Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 17.3.1. Battery Type
- 17.3.2. Chemistry
- 17.3.3. Source
- 17.3.4. Recycling Process/ Technology
- 17.3.5. Material Recovered
- 17.3.6. End-Use Industry
- 17.3.7. Country
- 17.3.7.1. South Africa
- 17.3.7.2. Egypt
- 17.3.7.3. Nigeria
- 17.3.7.4. Algeria
- 17.3.7.5. Rest of Africa
- 17.4. South Africa Battery Recycling Market
- 17.4.1. Country Segmental Analysis
- 17.4.2. Battery Type
- 17.4.3. Chemistry
- 17.4.4. Source
- 17.4.5. Recycling Process/ Technology
- 17.4.6. Material Recovered
- 17.4.7. End-Use Industry
- 17.5. Egypt Battery Recycling Market
- 17.5.1. Country Segmental Analysis
- 17.5.2. Battery Type
- 17.5.3. Chemistry
- 17.5.4. Source
- 17.5.5. Recycling Process/ Technology
- 17.5.6. Material Recovered
- 17.5.7. End-Use Industry
- 17.6. Nigeria Battery Recycling Market
- 17.6.1. Country Segmental Analysis
- 17.6.2. Battery Type
- 17.6.3. Chemistry
- 17.6.4. Source
- 17.6.5. Recycling Process/ Technology
- 17.6.6. Material Recovered
- 17.6.7. End-Use Industry
- 17.7. Algeria Battery Recycling Market
- 17.7.1. Country Segmental Analysis
- 17.7.2. Battery Type
- 17.7.3. Chemistry
- 17.7.4. Source
- 17.7.5. Recycling Process/ Technology
- 17.7.6. Material Recovered
- 17.7.7. End-Use Industry
- 17.8. Rest of Africa Battery Recycling Market
- 17.8.1. Country Segmental Analysis
- 17.8.2. Battery Type
- 17.8.3. Chemistry
- 17.8.4. Source
- 17.8.5. Recycling Process/ Technology
- 17.8.6. Material Recovered
- 17.8.7. End-Use Industry
- 18. South America Battery Recycling Market Analysis
- 18.1. Key Segment Analysis
- 18.2. Regional Snapshot
- 18.3. Central and South Africa Battery Recycling Market Size (Value - US$ Bn), Analysis, and Forecasts, 2021-2035
- 18.3.1. Battery Type
- 18.3.2. Chemistry
- 18.3.3. Source
- 18.3.4. Recycling Process/ Technology
- 18.3.5. Material Recovered
- 18.3.6. End-Use Industry
- 18.3.7. Country
- 18.3.7.1. Brazil
- 18.3.7.2. Argentina
- 18.3.7.3. Rest of South America
- 18.4. Brazil Battery Recycling Market
- 18.4.1. Country Segmental Analysis
- 18.4.2. Battery Type
- 18.4.3. Chemistry
- 18.4.4. Source
- 18.4.5. Recycling Process/ Technology
- 18.4.6. Material Recovered
- 18.4.7. End-Use Industry
- 18.5. Argentina Battery Recycling Market
- 18.5.1. Country Segmental Analysis
- 18.5.2. Battery Type
- 18.5.3. Chemistry
- 18.5.4. Source
- 18.5.5. Recycling Process/ Technology
- 18.5.6. Material Recovered
- 18.5.7. End-Use Industry
- 18.6. Rest of South America Battery Recycling Market
- 18.6.1. Country Segmental Analysis
- 18.6.2. Battery Type
- 18.6.3. Chemistry
- 18.6.4. Source
- 18.6.5. Recycling Process/ Technology
- 18.6.6. Material Recovered
- 18.6.7. End-Use Industry
- 19. Key Players/ Company Profile
- 19.1. Accurec Recycling GmbH
- 19.1.1. Company Details/ Overview
- 19.1.2. Company Financials
- 19.1.3. Key Customers and Competitors
- 19.1.4. Business/ Industry Portfolio
- 19.1.5. Product Portfolio/ Specification Details
- 19.1.6. Pricing Data
- 19.1.7. Strategic Overview
- 19.1.8. Recent Developments
- 19.2. American Battery Technology Company (ABTC)
- 19.3. Aqua Metals, Inc.
- 19.4. Batrec Industrie AG
- 19.5. Battery Solutions LLC
- 19.6. Call2Recycle, Inc.
- 19.7. Duesenfeld GmbH
- 19.8. Ecobat
- 19.9. Envirostream Australia Pty Ltd.
- 19.10. Fortum Oyj
- 19.11. GEM Co., Ltd.
- 19.12. Glencore plc
- 19.13. Li-Cycle Holdings Corp.
- 19.14. Neometals Ltd.
- 19.15. Raw Materials Company Inc. (RMC)
- 19.16. Redwood Materials, Inc.
- 19.17. Retriev Technologies Inc.
- 19.18. SungEel HiTech Co., Ltd.
- 19.19. TES – Sustainable Technology Solutions
- 19.20. Umicore
- 19.21. Other Key players
- 19.1. Accurec Recycling GmbH
Note* - This is just tentative list of players. While providing the report, we will cover more number of players based on their revenue and share for each geography
Our research design integrates both demand-side and supply-side analysis through a balanced combination of primary and secondary research methodologies. By utilizing both bottom-up and top-down approaches alongside rigorous data triangulation methods, we deliver robust market intelligence that supports strategic decision-making.
MarketGenics' comprehensive research design framework ensures the delivery of accurate, reliable, and actionable market intelligence. Through the integration of multiple research approaches, rigorous validation processes, and expert analysis, we provide our clients with the insights needed to make informed strategic decisions and capitalize on market opportunities.
MarketGenics leverages a dedicated industry panel of experts and a comprehensive suite of paid databases to effectively collect, consolidate, and analyze market intelligence.
Our approach has consistently proven to be reliable and effective in generating accurate market insights, identifying key industry trends, and uncovering emerging business opportunities.
Through both primary and secondary research, we capture and analyze critical company-level data such as manufacturing footprints, including technical centers, R&D facilities, sales offices, and headquarters.
Our expert panel further enhances our ability to estimate market size for specific brands based on validated field-level intelligence.
Our data mining techniques incorporate both parametric and non-parametric methods, allowing for structured data collection, sorting, processing, and cleaning.
Demand projections are derived from large-scale data sets analyzed through proprietary algorithms, culminating in robust and reliable market sizing.
The bottom-up approach builds market estimates by starting with the smallest addressable market units and systematically aggregating them to create comprehensive market size projections.
This method begins with specific, granular data points and builds upward to create the complete market landscape.
Customer Analysis → Segmental Analysis → Geographical Analysis
The top-down approach starts with the broadest possible market data and systematically narrows it down through a series of filters and assumptions to arrive at specific market segments or opportunities.
This method begins with the big picture and works downward to increasingly specific market slices.
TAM → SAM → SOM
While analysing the market, we extensively study secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and commercial report. Secondary sources that we utilize are not only the public sources, but it is combination of Open Source, Associations, Paid Databases, MG Repository & Knowledgebase and Others.
- Company websites, annual reports, financial reports, broker reports, and investor presentations
- National government documents, statistical databases and reports
- News articles, press releases and web-casts specific to the companies operating in the market, Magazines, reports, and others
- We gather information from commercial data sources for deriving company specific data such as segmental revenue, share for geography, product revenue, and others
- Internal and external proprietary databases (industry-specific), relevant patent, and regulatory databases
- Governing Bodies, Government Organizations
- Relevant Authorities, Country-specific Associations for Industries
We also employ the model mapping approach to estimate the product level market data through the players product portfolio
Primary research/ interviews is vital in analyzing the market. Most of the cases involves paid primary interviews. Primary sources includes primary interviews through e-mail interactions, telephonic interviews, surveys as well as face-to-face interviews with the different stakeholders across the value chain including several industry experts.
| Type of Respondents | Number of Primaries |
|---|---|
| Tier 2/3 Suppliers | ~20 |
| Tier 1 Suppliers | ~25 |
| End-users | ~25 |
| Industry Expert/ Panel/ Consultant | ~30 |
| Total | ~100 |
MG Knowledgebase
• Repository of industry blog, newsletter and case studies
• Online platform covering detailed market reports, and company profiles
- Historical Trends – Past market patterns, cycles, and major events that shaped how markets behave over time. Understanding past trends helps predict future behavior.
- Industry Factors – Specific characteristics of the industry like structure, regulations, and innovation cycles that affect market dynamics.
- Macroeconomic Factors – Economic conditions like GDP growth, inflation, and employment rates that affect how much money people have to spend.
- Demographic Factors – Population characteristics like age, income, and location that determine who can buy your product.
- Technology Factors – How quickly people adopt new technology and how much technology infrastructure exists.
- Regulatory Factors – Government rules, laws, and policies that can help or restrict market growth.
- Competitive Factors – Analyzing competition structure such as degree of competition and bargaining power of buyers and suppliers.
Multiple Regression Analysis
- Identify and quantify factors that drive market changes
- Statistical modeling to establish relationships between market drivers and outcomes
Time Series Analysis – Seasonal Patterns
- Understand regular cyclical patterns in market demand
- Advanced statistical techniques to separate trend, seasonal, and irregular components
Time Series Analysis – Trend Analysis
- Identify underlying market growth patterns and momentum
- Statistical analysis of historical data to project future trends
Expert Opinion – Expert Interviews
- Gather deep industry insights and contextual understanding
- In-depth interviews with key industry stakeholders
Multi-Scenario Development
- Prepare for uncertainty by modeling different possible futures
- Creating optimistic, pessimistic, and most likely scenarios
Time Series Analysis – Moving Averages
- Sophisticated forecasting for complex time series data
- Auto-regressive integrated moving average models with seasonal components
Econometric Models
- Apply economic theory to market forecasting
- Sophisticated economic models that account for market interactions
Expert Opinion – Delphi Method
- Harness collective wisdom of industry experts
- Structured, multi-round expert consultation process
Monte Carlo Simulation
- Quantify uncertainty and probability distributions
- Thousands of simulations with varying input parameters
Our research framework is built upon the fundamental principle of validating market intelligence from both demand and supply perspectives. This dual-sided approach ensures comprehensive market understanding and reduces the risk of single-source bias.
Demand-Side Analysis: We understand end-user/application behavior, preferences, and market needs along with the penetration of the product for specific application.
Supply-Side Analysis: We estimate overall market revenue, analyze the segmental share along with industry capacity, competitive landscape, and market structure.
Data triangulation is a validation technique that uses multiple methods, sources, or perspectives to examine the same research question, thereby increasing the credibility and reliability of research findings. In market research, triangulation serves as a quality assurance mechanism that helps identify and minimize bias, validate assumptions, and ensure accuracy in market estimates.
- Data Source Triangulation – Using multiple data sources to examine the same phenomenon
- Methodological Triangulation – Using multiple research methods to study the same research question
- Investigator Triangulation – Using multiple researchers or analysts to examine the same data
- Theoretical Triangulation – Using multiple theoretical perspectives to interpret the same data
