The global Lithium-ion Battery Recycling market size was valued at US$ 4966 million in 2024 and is forecast to a readjusted size of USD 44500 million by 2031 with a CAGR of 37.2% during review period.
Battery recycling is a recycling activity that aims to reduce the number of batteries being disposed as municipal solid waste. Batteries contain a number of heavy metals and toxic chemicals and disposing of them by the same process as regular trash has raised concerns over soil contamination and water pollution.
Lithium-ion batteries and lithium iron phosphate (LiFePO4) batteries often contain among other useful metals high-grade copper and aluminium in addition to – depending on the active material – transition metals cobalt and nickel as well as rare earths. To prevent a future shortage of cobalt, nickel, and lithium and to enable a sustainable life cycle of these technologies, recycling processes for lithium batteries are needed. These processes have to regain not only cobalt, nickel, copper, and aluminium from spent battery cells, but also a significant share of lithium. In order to achieve this goal, several unit operations are combined into complex process chains, especially considering the task to recover high rates of valuable materials with regard to involved safety issues.
Global Lithium-ion Battery Recycling key players include Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, etc. Global top five manufacturers hold a share about 15%.
China is the largest market, with a share about 35%, followed by North America and Europe, both have a share about 30 percent.
In terms of product, LiCoO2 Battery is the largest segment, with a share over 65%. And in terms of application, the largest application is Electric Power, followed by Automotive.
This report is a detailed and comprehensive analysis for global Lithium-ion Battery Recycling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Lithium-ion Battery Recycling market size and forecasts, in consumption value ($ Million), 2020-2031
Global Lithium-ion Battery Recycling market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Lithium-ion Battery Recycling market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Lithium-ion Battery Recycling market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lithium-ion Battery Recycling
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lithium-ion Battery Recycling market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy Corp, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Lithium-ion Battery Recycling market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
LiCoO2 Battery
NMC Battery
LiFePO4 Battery
Other
Market segment by Application
Automotive
Marine
Industrial
Electric Power
Market segment by players, this report covers
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Lithium-ion Battery Recycling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Lithium-ion Battery Recycling, with revenue, gross margin, and global market share of Lithium-ion Battery Recycling from 2020 to 2025.
Chapter 3, the Lithium-ion Battery Recycling competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Lithium-ion Battery Recycling market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Lithium-ion Battery Recycling.
Chapter 13, to describe Lithium-ion Battery Recycling research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Lithium-ion Battery Recycling by Type
1.3.1 Overview: Global Lithium-ion Battery Recycling Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Lithium-ion Battery Recycling Consumption Value Market Share by Type in 2024
1.3.3 LiCoO2 Battery
1.3.4 NMC Battery
1.3.5 LiFePO4 Battery
1.3.6 Other
1.4 Global Lithium-ion Battery Recycling Market by Application
1.4.1 Overview: Global Lithium-ion Battery Recycling Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Automotive
1.4.3 Marine
1.4.4 Industrial
1.4.5 Electric Power
1.5 Global Lithium-ion Battery Recycling Market Size & Forecast
1.6 Global Lithium-ion Battery Recycling Market Size and Forecast by Region
1.6.1 Global Lithium-ion Battery Recycling Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Lithium-ion Battery Recycling Market Size by Region, (2020-2031)
1.6.3 North America Lithium-ion Battery Recycling Market Size and Prospect (2020-2031)
1.6.4 Europe Lithium-ion Battery Recycling Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Lithium-ion Battery Recycling Market Size and Prospect (2020-2031)
1.6.6 South America Lithium-ion Battery Recycling Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Lithium-ion Battery Recycling Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Umicore
2.1.1 Umicore Details
2.1.2 Umicore Major Business
2.1.3 Umicore Lithium-ion Battery Recycling Product and Solutions
2.1.4 Umicore Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Umicore Recent Developments and Future Plans
2.2 GEM
2.2.1 GEM Details
2.2.2 GEM Major Business
2.2.3 GEM Lithium-ion Battery Recycling Product and Solutions
2.2.4 GEM Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 GEM Recent Developments and Future Plans
2.3 Brunp Recycling
2.3.1 Brunp Recycling Details
2.3.2 Brunp Recycling Major Business
2.3.3 Brunp Recycling Lithium-ion Battery Recycling Product and Solutions
2.3.4 Brunp Recycling Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Brunp Recycling Recent Developments and Future Plans
2.4 SungEel HiTech
2.4.1 SungEel HiTech Details
2.4.2 SungEel HiTech Major Business
2.4.3 SungEel HiTech Lithium-ion Battery Recycling Product and Solutions
2.4.4 SungEel HiTech Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 SungEel HiTech Recent Developments and Future Plans
2.5 Taisen Recycling
2.5.1 Taisen Recycling Details
2.5.2 Taisen Recycling Major Business
2.5.3 Taisen Recycling Lithium-ion Battery Recycling Product and Solutions
2.5.4 Taisen Recycling Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Taisen Recycling Recent Developments and Future Plans
2.6 Batrec
2.6.1 Batrec Details
2.6.2 Batrec Major Business
2.6.3 Batrec Lithium-ion Battery Recycling Product and Solutions
2.6.4 Batrec Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Batrec Recent Developments and Future Plans
2.7 Retriev Technologies
2.7.1 Retriev Technologies Details
2.7.2 Retriev Technologies Major Business
2.7.3 Retriev Technologies Lithium-ion Battery Recycling Product and Solutions
2.7.4 Retriev Technologies Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Retriev Technologies Recent Developments and Future Plans
2.8 Tes-Amm(Recupyl)
2.8.1 Tes-Amm(Recupyl) Details
2.8.2 Tes-Amm(Recupyl) Major Business
2.8.3 Tes-Amm(Recupyl) Lithium-ion Battery Recycling Product and Solutions
2.8.4 Tes-Amm(Recupyl) Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Tes-Amm(Recupyl) Recent Developments and Future Plans
2.9 Duesenfeld
2.9.1 Duesenfeld Details
2.9.2 Duesenfeld Major Business
2.9.3 Duesenfeld Lithium-ion Battery Recycling Product and Solutions
2.9.4 Duesenfeld Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Duesenfeld Recent Developments and Future Plans
2.10 4R Energy Corp
2.10.1 4R Energy Corp Details
2.10.2 4R Energy Corp Major Business
2.10.3 4R Energy Corp Lithium-ion Battery Recycling Product and Solutions
2.10.4 4R Energy Corp Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 4R Energy Corp Recent Developments and Future Plans
2.11 OnTo Technology
2.11.1 OnTo Technology Details
2.11.2 OnTo Technology Major Business
2.11.3 OnTo Technology Lithium-ion Battery Recycling Product and Solutions
2.11.4 OnTo Technology Lithium-ion Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 OnTo Technology Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Lithium-ion Battery Recycling Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Lithium-ion Battery Recycling by Company Revenue
3.2.2 Top 3 Lithium-ion Battery Recycling Players Market Share in 2024
3.2.3 Top 6 Lithium-ion Battery Recycling Players Market Share in 2024
3.3 Lithium-ion Battery Recycling Market: Overall Company Footprint Analysis
3.3.1 Lithium-ion Battery Recycling Market: Region Footprint
3.3.2 Lithium-ion Battery Recycling Market: Company Product Type Footprint
3.3.3 Lithium-ion Battery Recycling Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Lithium-ion Battery Recycling Consumption Value and Market Share by Type (2020-2025)
4.2 Global Lithium-ion Battery Recycling Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Lithium-ion Battery Recycling Consumption Value Market Share by Application (2020-2025)
5.2 Global Lithium-ion Battery Recycling Market Forecast by Application (2026-2031)
6 North America
6.1 North America Lithium-ion Battery Recycling Consumption Value by Type (2020-2031)
6.2 North America Lithium-ion Battery Recycling Market Size by Application (2020-2031)
6.3 North America Lithium-ion Battery Recycling Market Size by Country
6.3.1 North America Lithium-ion Battery Recycling Consumption Value by Country (2020-2031)
6.3.2 United States Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
6.3.3 Canada Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
6.3.4 Mexico Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Lithium-ion Battery Recycling Consumption Value by Type (2020-2031)
7.2 Europe Lithium-ion Battery Recycling Consumption Value by Application (2020-2031)
7.3 Europe Lithium-ion Battery Recycling Market Size by Country
7.3.1 Europe Lithium-ion Battery Recycling Consumption Value by Country (2020-2031)
7.3.2 Germany Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
7.3.3 France Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
7.3.5 Russia Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
7.3.6 Italy Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Lithium-ion Battery Recycling Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Lithium-ion Battery Recycling Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Lithium-ion Battery Recycling Market Size by Region
8.3.1 Asia-Pacific Lithium-ion Battery Recycling Consumption Value by Region (2020-2031)
8.3.2 China Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
8.3.3 Japan Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
8.3.4 South Korea Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
8.3.5 India Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
8.3.7 Australia Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
9 South America
9.1 South America Lithium-ion Battery Recycling Consumption Value by Type (2020-2031)
9.2 South America Lithium-ion Battery Recycling Consumption Value by Application (2020-2031)
9.3 South America Lithium-ion Battery Recycling Market Size by Country
9.3.1 South America Lithium-ion Battery Recycling Consumption Value by Country (2020-2031)
9.3.2 Brazil Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
9.3.3 Argentina Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Lithium-ion Battery Recycling Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Lithium-ion Battery Recycling Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Lithium-ion Battery Recycling Market Size by Country
10.3.1 Middle East & Africa Lithium-ion Battery Recycling Consumption Value by Country (2020-2031)
10.3.2 Turkey Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
10.3.4 UAE Lithium-ion Battery Recycling Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Lithium-ion Battery Recycling Market Drivers
11.2 Lithium-ion Battery Recycling Market Restraints
11.3 Lithium-ion Battery Recycling Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Lithium-ion Battery Recycling Industry Chain
12.2 Lithium-ion Battery Recycling Upstream Analysis
12.3 Lithium-ion Battery Recycling Midstream Analysis
12.4 Lithium-ion Battery Recycling Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
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*If Applicable.
