The lithium-ion battery recycling market is forecasted to grow by USD 5537.7 mn during 2024-2029, accelerating at a CAGR of 28.9% during the forecast period. The report on the lithium-ion battery recycling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for evs, government support for lithium-ion battery recycling, and increasing urbanization in emerging markets.
Market Scope
Base Year
2025
End Year
2029
Series Year
2025-2029
Growth Momentum
Accelerate
YOY 2025
24.1%
CAGR
28.9%
Incremental Value
$5537.7 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's lithium-ion battery recycling market is segmented as below:
By Source
Non-mobility
Mobility
By Method
Hydrometallurgical
Physical and mechanical
Pyrometallurgical
By Geographical Landscape
APAC
Europe
North America
South America
Middle East and Africa
This study identifies the opening of new battery recycling facilities as one of the prime reasons driving the lithium-ion battery recycling market growth during the next few years. Also, rising stewardship collaboration for battery recycling and widening lithium supply-demand gap will lead to sizable demand in the market.
The report on the lithium-ion battery recycling market covers the following areas:
Lithium-Ion Battery Recycling Market sizing
Lithium-Ion Battery Recycling Market forecast
Lithium-Ion Battery Recycling Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium-ion battery recycling market vendors that include Akkuser Oy, Battery Solutions LLC, Befesa SA, Contemporary Amperex Technology Co. Ltd., Duesenfeld GmbH, Ecobat LLC, Fortum Oyj, GEM Co. Ltd., Glencore Plc, Gopher Resource LLC, Li Cycle Holdings Corp., Lithion Recycling, Neometals Ltd., Onto Technology LLC, RecycLiCo Battery Materials Inc., Sistemas de Tubo Ambiental SA de CV, Tata Chemicals Ltd., TES Singapore Pte Ltd., Umicore SA, and Veolia. Also, the lithium-ion battery recycling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Source
Executive Summary - Chart on Market Segmentation by Method
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Lithium-Ion Battery Recycling Market 2019 - 2023
Historic Market Size - Data Table on Global Lithium-Ion Battery Recycling Market 2019 - 2023 ($ million)