Press release
EV Battery Recycling Global Market Size, Share, By Chemistry, By Process, By Application, By End User, By Region And Segment Forecast 2023-2032 | Accurec Recycling Gmbh, American Manganese Inc., Umicore, Li-Cycle Corp., Retriev Technologies
EV Battery Recycling Market
EV Battery Recycling Market Size, Growth Rate, And Forecast
The global ev battery recycling market size grew from $1.77 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 32.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ev battery recycling market size is expected to grow to $6.73 billion in 2027 at a CAGR of 30.2%.
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EV Battery Recycling Market Drivers
An increase in the sales of electric vehicles (EV) is expected to propel the growth of the EV battery recycling market going forward. EVs are vehicles that are either partially or fully powered by electricity and contain a battery that powers an electric motor.
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EV Battery Recycling Market Segments
• By Battery Type: Lead-Acid Battery, Lithium-Based Battery, Other Battery Types
• By Process: Pyrometallurgical, Hydrometallurgical, Other Processes
• By Vehicle Type: Passenger Cars, Commercial Vehicles
• By Application: Electric Cars, Electric Buses, Energy Storage Systems, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the EV Battery Recycling market.
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EV Battery Recycling Market Key Players
Major competitors in the EV Battery Recycling market include Accurec Recycling Gmbh, American Manganese Inc., Umicore, Li-Cycle Corp., G & P Batteries, Recupyl, Retriev Technologies, Sitrasa, Floridienne (Snam S.A.S.), Redwood Materials, Attero Recycling, Australian Battery Recycling Initiatives, TES-Amm, Gravita India Ltd., Ziptrax Cleantech, Lohum Cleantech, and ACE Green Recycling Inc.
The Business Research Company's "Global EV Battery Recycling Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The EV Battery Recycling Market Include:
1. Executive Summary
2. EV Battery Recycling Market Characteristics
3. EV Battery Recycling Market Trends And Strategies
4. EV Battery Recycling Market - Macro Economic Scenario
5. EV Battery Recycling Market Size And Growth
.....
26. Africa EV Battery Recycling Market
27. EV Battery Recycling Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The EV Battery Recycling Market
29. EV Battery Recycling Market Future Outlook and Potential Analysis
30. Appendix
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