Press release
Li-ion Battery Recycling Market Set to Witness Significant Growth by 2032 | Li-Cycle Corp., Neometals Ltd., Fortum, Accurec Recycling GmbH
The global Li-ion battery recycling market was valued at USD 5.41 billion in 2024, and it is expected to reach USD 24.15 billion by 2032, reflecting a compound annual growth rate (CAGR) of 20.6% from 2025 to 2032.Li-ion Battery Recycling Market Overview
The Li-ion battery recycling market is undergoing rapid expansion thanks to surging demand for electric vehicles (EVs), portable electronics, and energy storage systems-all contributing to a growing volume of end-of-life batteries. This growth is driven by tightening environmental regulations, governmental incentives, and heightened focus on sustainable resource use. Hydrometallurgical and pyrometallurgical processes are emerging as dominant recycling techniques due to their effectiveness in recovering valuable metals like lithium, cobalt, and nickel. Regionally, Asia-Pacific is leading the charge, supported by robust EV adoption and manufacturing infrastructure, while North America and Europe are also accelerating investments in recycling capacity and compliance with circular economy goals .
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1) To understand how our report can bring a difference to your business strategy
2) To understand the analysis and growth rate in your region
3) Graphical introduction of global as well as the regional analysis
4) Know the top key players in the market with their revenue analysis
5) SWOT analysis, PEST analysis, and Porter's five force analysis
The report further explores the key business players along with their in-depth profiling
Umicore, Glencore International AG, Retriev Technologies, American Manganese Inc., Li-Cycle Corp., Neometals Ltd., Fortum, Accurec Recycling GmbH, GEM Co., Ltd., and TES-AMM.
Li-ion Battery Recycling Market Segments
By Battery Chemistry
• Lithium Iron Phosphate (LFP)
• Lithium Manganese Oxide (LMO)
• Lithium Nickel Cobalt Aluminum Oxide (NCA)
• Lithium Nickel Manganese Cobalt (NMC)
• Lithium Titanate Oxide (LTO)
By Recycling Process
• Hydrometallurgical Process
• Pyrometallurgical Process
• Other Mechanical Processes
By Source
• Automotive Batteries
• Industrial Batteries
• Consumer Electronics Batteries
By End-Use Industry
• Automotive
• Consumer Electronics
• Energy Storage
• Other Industries
Report Drivers & Trends Analysis:
The report also discusses the factors driving and restraining market growth, as well as their specific impact on demand over the forecast period. Also highlighted in this report are growth factors, developments, trends, challenges, limitations, and growth opportunities. This section highlights emerging Li-ion Battery Recycling Market trends and changing dynamics. Furthermore, the study provides a forward-looking perspective on various factors that are expected to boost the market's overall growth.
Competitive Landscape Analysis:
In any market research analysis, the main field is competition. This section of the report provides a competitive scenario and portfolio of the Li-ion Battery Recycling Market's key players. Major and emerging market players are closely examined in terms of market share, gross margin, product portfolio, production, revenue, sales growth, and other significant factors. Furthermore, this information will assist players in studying critical strategies employed by market leaders in order to plan counterstrategies to gain a competitive advantage in the market.
Regional Outlook:
The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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Key Benefits for Stakeholders:
⏩ The study represents a quantitative analysis of the present Li-ion Battery Recycling Market trends, estimations, and dynamics of the market size from 2025 to 2032 to determine the most promising opportunities.
⏩ Porter's five forces study emphasizes the importance of buyers and suppliers in assisting stakeholders to make profitable business decisions and expand their supplier-buyer network.
⏩ In-depth analysis, as well as the market size and segmentation, help you identify current Li-ion Battery Recycling Market opportunities.
⏩ The largest countries in each region are mapped according to their revenue contribution to the market.
⏩ The Li-ion Battery Recycling Market research report gives a thorough analysis of the current status of the Li-ion Battery Recycling Market's major players.
Key questions answered in the report:
➧ What will the market development pace of the Li-ion Battery Recycling Market?
➧ What are the key factors driving the Li-ion Battery Recycling Market?
➧ Who are the key manufacturers in the market space?
➧ What are the market openings, market hazards,s and market outline of the Li-ion Battery Recycling Market?
➧ What are the sales, revenue, and price analysis of the top manufacturers of the Li-ion Battery Recycling Market?
➧ Who are the distributors, traders, and dealers of Li-ion Battery Recycling Market?
➧ What are the market opportunities and threats faced by the vendors in the Li-ion Battery Recycling Market?
➧ What are deals, income, and value examination by types and utilizations of the Li-ion Battery Recycling Market?
➧ What are deals, income, and value examination by areas of enterprises in the Li-ion Battery Recycling Market?
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Reasons To Buy The Li-ion Battery Recycling Market Report:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography, and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods
Contact Us:
Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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