

The global Power Battery Recycling market size is predicted to grow from US$ 715 million in 2025 to US$ 919 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.
Vehicle power battery refers to the device that is configured and used in the car, can store electric energy and can be recharged, and provides energy for driving the car, including lithium-ion power battery, metal hydride nickel power battery and super capacitor, etc., excluding lead Acid batteries. Due to its criticality in automotive applications, power batteries are compared to the heart of new energy vehicles. Power battery recycling can improve energy efficiency, reduce pollution, and bring economic benefits.
According to public data, global sales of new energy vehicles will reach 10.82 million in 2022, a year-on-year increase of 61.6%. In 2022, the sales volume of new energy vehicles in China will reach 6.884 million, and the proportion in the world will increase to 63.6%. In Q4 of 2022, the sales penetration rate of new energy vehicles in my country will reach 27%, while the global average penetration rate is only 15%, of which the penetration rate in Europe is 19%, and the penetration rate in North America is only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to data released by the Ministry of Industry and Information Technology of China, China"s lithium-ion battery production will reach 50GWh in 2022, a year-on-year increase of more than 130%. Among them, the output of energy storage lithium batteries exceeded 100GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium batteries is also growing rapidly. In 2022, the installed capacity of power batteries for new energy vehicles nationwide will be about 295GWh, and the installed capacity of power batteries for new energy vehicles nationwide will be about 295GWh. According to the company"s research data, in 2022, the overall global shipment of lithium-ion batteries will reach 957 GWh, a year-on-year increase of 70%. Global automotive power battery (EV LIB) shipments were 680GWh, a year-on-year increase of 84%; energy storage battery (ESS LIB) shipments were 159GWh, a year-on-year increase of 140%.
The “Power Battery Recycling Industry Forecast” looks at past sales and reviews total world Power Battery Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Battery Recycling sales for 2025 through 2031. With Power Battery Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Battery Recycling industry.
This Insight Report provides a comprehensive analysis of the global Power Battery Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power Battery Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Battery Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Battery Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Battery Recycling.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Battery Recycling market by product type, application, key players and key regions and countries.
Segmentation by Type:
Recycling
Echelon Utilization
Segmentation by Application:
Automotive Enterprises
Battery Enterprises
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Grammy
Bump Cycle
Jin Tai Court
Guanghua Technology
Huayou Cobalt
Gan Feng
Highpower
Zhongwei
Zhongneng Technology
Tianneng
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Power Battery Recycling Market Size (2020-2031)
2.1.2 Power Battery Recycling Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Power Battery Recycling by Country/Region (2020, 2024 & 2031)
2.2 Power Battery Recycling Segment by Type
2.2.1 Recycling
2.2.2 Echelon Utilization
2.3 Power Battery Recycling Market Size by Type
2.3.1 Power Battery Recycling Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Power Battery Recycling Market Size Market Share by Type (2020-2025)
2.4 Power Battery Recycling Segment by Application
2.4.1 Automotive Enterprises
2.4.2 Battery Enterprises
2.4.3 Other
2.5 Power Battery Recycling Market Size by Application
2.5.1 Power Battery Recycling Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Power Battery Recycling Market Size Market Share by Application (2020-2025)
3 Power Battery Recycling Market Size by Player
3.1 Power Battery Recycling Market Size Market Share by Player
3.1.1 Global Power Battery Recycling Revenue by Player (2020-2025)
3.1.2 Global Power Battery Recycling Revenue Market Share by Player (2020-2025)
3.2 Global Power Battery Recycling Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Power Battery Recycling by Region
4.1 Power Battery Recycling Market Size by Region (2020-2025)
4.2 Global Power Battery Recycling Annual Revenue by Country/Region (2020-2025)
4.3 Americas Power Battery Recycling Market Size Growth (2020-2025)
4.4 APAC Power Battery Recycling Market Size Growth (2020-2025)
4.5 Europe Power Battery Recycling Market Size Growth (2020-2025)
4.6 Middle East & Africa Power Battery Recycling Market Size Growth (2020-2025)
5 Americas
5.1 Americas Power Battery Recycling Market Size by Country (2020-2025)
5.2 Americas Power Battery Recycling Market Size by Type (2020-2025)
5.3 Americas Power Battery Recycling Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Power Battery Recycling Market Size by Region (2020-2025)
6.2 APAC Power Battery Recycling Market Size by Type (2020-2025)
6.3 APAC Power Battery Recycling Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Power Battery Recycling Market Size by Country (2020-2025)
7.2 Europe Power Battery Recycling Market Size by Type (2020-2025)
7.3 Europe Power Battery Recycling Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Power Battery Recycling by Region (2020-2025)
8.2 Middle East & Africa Power Battery Recycling Market Size by Type (2020-2025)
8.3 Middle East & Africa Power Battery Recycling Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Power Battery Recycling Market Forecast
10.1 Global Power Battery Recycling Forecast by Region (2026-2031)
10.1.1 Global Power Battery Recycling Forecast by Region (2026-2031)
10.1.2 Americas Power Battery Recycling Forecast
10.1.3 APAC Power Battery Recycling Forecast
10.1.4 Europe Power Battery Recycling Forecast
10.1.5 Middle East & Africa Power Battery Recycling Forecast
10.2 Americas Power Battery Recycling Forecast by Country (2026-2031)
10.2.1 United States Market Power Battery Recycling Forecast
10.2.2 Canada Market Power Battery Recycling Forecast
10.2.3 Mexico Market Power Battery Recycling Forecast
10.2.4 Brazil Market Power Battery Recycling Forecast
10.3 APAC Power Battery Recycling Forecast by Region (2026-2031)
10.3.1 China Power Battery Recycling Market Forecast
10.3.2 Japan Market Power Battery Recycling Forecast
10.3.3 Korea Market Power Battery Recycling Forecast
10.3.4 Southeast Asia Market Power Battery Recycling Forecast
10.3.5 India Market Power Battery Recycling Forecast
10.3.6 Australia Market Power Battery Recycling Forecast
10.4 Europe Power Battery Recycling Forecast by Country (2026-2031)
10.4.1 Germany Market Power Battery Recycling Forecast
10.4.2 France Market Power Battery Recycling Forecast
10.4.3 UK Market Power Battery Recycling Forecast
10.4.4 Italy Market Power Battery Recycling Forecast
10.4.5 Russia Market Power Battery Recycling Forecast
10.5 Middle East & Africa Power Battery Recycling Forecast by Region (2026-2031)
10.5.1 Egypt Market Power Battery Recycling Forecast
10.5.2 South Africa Market Power Battery Recycling Forecast
10.5.3 Israel Market Power Battery Recycling Forecast
10.5.4 Turkey Market Power Battery Recycling Forecast
10.6 Global Power Battery Recycling Forecast by Type (2026-2031)
10.7 Global Power Battery Recycling Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Power Battery Recycling Forecast
11 Key Players Analysis
11.1 Grammy
11.1.1 Grammy Company Information
11.1.2 Grammy Power Battery Recycling Product Offered
11.1.3 Grammy Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Grammy Main Business Overview
11.1.5 Grammy Latest Developments
11.2 Bump Cycle
11.2.1 Bump Cycle Company Information
11.2.2 Bump Cycle Power Battery Recycling Product Offered
11.2.3 Bump Cycle Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Bump Cycle Main Business Overview
11.2.5 Bump Cycle Latest Developments
11.3 Jin Tai Court
11.3.1 Jin Tai Court Company Information
11.3.2 Jin Tai Court Power Battery Recycling Product Offered
11.3.3 Jin Tai Court Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Jin Tai Court Main Business Overview
11.3.5 Jin Tai Court Latest Developments
11.4 Guanghua Technology
11.4.1 Guanghua Technology Company Information
11.4.2 Guanghua Technology Power Battery Recycling Product Offered
11.4.3 Guanghua Technology Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Guanghua Technology Main Business Overview
11.4.5 Guanghua Technology Latest Developments
11.5 Huayou Cobalt
11.5.1 Huayou Cobalt Company Information
11.5.2 Huayou Cobalt Power Battery Recycling Product Offered
11.5.3 Huayou Cobalt Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Huayou Cobalt Main Business Overview
11.5.5 Huayou Cobalt Latest Developments
11.6 Gan Feng
11.6.1 Gan Feng Company Information
11.6.2 Gan Feng Power Battery Recycling Product Offered
11.6.3 Gan Feng Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Gan Feng Main Business Overview
11.6.5 Gan Feng Latest Developments
11.7 Highpower
11.7.1 Highpower Company Information
11.7.2 Highpower Power Battery Recycling Product Offered
11.7.3 Highpower Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Highpower Main Business Overview
11.7.5 Highpower Latest Developments
11.8 Zhongwei
11.8.1 Zhongwei Company Information
11.8.2 Zhongwei Power Battery Recycling Product Offered
11.8.3 Zhongwei Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Zhongwei Main Business Overview
11.8.5 Zhongwei Latest Developments
11.9 Zhongneng Technology
11.9.1 Zhongneng Technology Company Information
11.9.2 Zhongneng Technology Power Battery Recycling Product Offered
11.9.3 Zhongneng Technology Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Zhongneng Technology Main Business Overview
11.9.5 Zhongneng Technology Latest Developments
11.10 Tianneng
11.10.1 Tianneng Company Information
11.10.2 Tianneng Power Battery Recycling Product Offered
11.10.3 Tianneng Power Battery Recycling Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Tianneng Main Business Overview
11.10.5 Tianneng Latest Developments
12 Research Findings and Conclusion
*If Applicable.