Press release
Battery Recycling Market is Projected to Reach USD 71.3 Billion in 2035
Battery Recycling Market is Projected to Reach USD 71.3 Billion in 2035
MarketGenics, a leading authority in circular-economy and battery-materials intelligence, announced new findings on the Battery Recycling Market, highlighting rapid scale-up of recycling capacity, strategic automaker-recycler partnerships, and regulatory mandates that are accelerating material recovery across regions.
The market insights emphasise the central role of recycling and second-life reuse in securing critical battery raw materials (lithium, cobalt, nickel, graphite, rare-earth magnets) while reducing environmental impact and supply-chain risk for the EV and stationary storage industries.
Get the complete market breakdown - statistics, insights, and future outlook: https://marketgenics.co/reports/battery-recycling-market-88294
Recent Investment
In June 2025, Redwood Materials unveiled its Redwood Energy division and commissioned the largest second-life microgrid - a 12 MW / 63 MWh system powering an AI data-centre - marking a strategic pivot from pure recycling to energy-value reuse of retired EV batteries.
Strategic Partnership
In July 2025, BatX Energies (India) partnered with Germany's Rocklink GmbH to launch India's first integrated rare-earth magnet recycling and refining hub under the EU-India cooperation framework - expanding recycling scope beyond lithium-ion chemistries.
Policy & Regulatory Momentum
Tighter rules such as the EU Batteries Regulation (EU 2023/1542) - with mandatory recycled-content and high material recovery targets phased through 2027-2031 - are forcing OEMs and pack makers to integrate recycling and traceability into product design and procurement strategies.
To know more about the Battery Recycling Market - Download our Sample Report from MarketGenics: https://marketgenics.co/download-report-sample/battery-recycling-market-88294
Battery Recycling Market Forecast 2035
According to the report, the global Battery Recycling Market is projected to grow from USD 27.1 Billion in 2025 to USD 71.3 Billion in 2035, recording a CAGR of 9.2%.
The automotive batteries segment dominates the market (~84% share in 2025) driven by the accelerating retirement of EV packs and the high material value they contain.
Asia Pacific leads the market with 58.2% share (≈ USD 15.8 Billion in 2025), supported by large battery manufacturing volumes, growing EV fleets and rising shred/manufacturing-shred feedstocks.
Key Driver, Restraint, and Growth Opportunity Shaping the Global Battery Recycling Market
Driver: Exponential growth of EV deployments and the resulting wave of end-of-life batteries is creating feedstock scale that makes mass recycling economically viable and strategically necessary.
Restraint: Technical complexity and economics of recycling evolving chemistries (e.g., LFP, solid-state) make some streams (LFP) less attractive to current hydrometallurgical/pyro processes.
Opportunity: Closed-loop partnerships between automakers and recyclers (on-site recycling, contract recycling, and second-life repurposing) secure critical materials and reduce exposure to mining geopolitics.
Expansion of Global Battery Recycling Market
"Automotive Decommissioning, Regulation and Second-Life Reuse Drive Market Acceleration"
Automaker-Recycler Alliances: Examples like Ford-Li-Cycle and GM-industry initiatives show OEMs pursuing long-term contracts for material recovery and domestic supply security.
Second-life Systems: Firms such as Redwood are commercialising second-life microgrids and stationary storage deployments to extract additional value before material recovery.
Technology Mix: Mechanical pre-processing + hydrometallurgy and emerging direct/closed-loop methods are converging to improve yields, lower energy intensity and expand economically-viable feedstocks.
Get the Detailed Industry Analysis (including the Table of Contents, List of Figures, and List of Tables) - from the Battery Recycling Market Research Report: https://marketgenics.co/press-releases/battery-recycling-market-88294
Regional Analysis of Global Battery Recycling Market
Asia Pacific: Market leader (58.2% in 2025) - driven by China, South Korea, Japan and rising hubs in Southeast Asia and India where manufacturing shred and EoL flows are concentrated.
Europe: Regulation-led growth (Batteries Regulation) with strong investments in high-efficiency hydrometallurgical and direct-recycling pilots.
North America: Scaling commercial recycling projects (Redwood, Li-Cycle) and growing second-life deployments to support domestic battery supply chains.
Middle East & Africa: Early stage - niche projects and pilot programs focused on collection and regulatory frameworks.
South America: Developing collection and refinement capabilities linked to mining and smelting ecosystems.
Segment Snapshot
Recycling Technologies: Mechanical/physical preprocessing; pyrometallurgical smelting; hydrometallurgical leaching & refinement; direct/closed-loop processes; hybrid techniques.
Materials Recovered: Lead, lithium, cobalt, nickel, graphite, manganese, plastics, electrolyte fluids and rare-earth magnets.
Source / Battery Type: Automotive (EV) batteries dominate feedstock economics; growing streams from ESS (stationary) and consumer electronics follow.
Prominent Players
Umicore, Glencore, Redwood Materials, Li-Cycle Holdings, American Battery Technology Company, Fortum, BatX Energies, RecycLiCo, Altilium, and Other Key Players.
Notable Developments & Strategic Overview
Altilium (UK) began full-scale operation at EcoCathode in Devon (2025) reporting up to 97% lithium and 99% graphite recovery from LFP/NMC feeds - a breakthrough for high-yield recovery from low-value chemistries.
Ford-Li-Cycle (2025) multi-year contracts for on-site shred recovery at BlueOval Battery Park exemplify OEM verticalisation to close the materials loop.
Redwood Energy (2025) demonstrates the commercial potential of second-life repurposing at scale, reducing lifecycle costs before final material recovery.
About Us
MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.
We support clients across strategy development, product innovation, healthcare infrastructure, and digital transformation.
Contact:
Mr. Debashish Roy
MarketGenics India Pvt. Ltd.
800 N King Street, Suite 304 #4208, Wilmington, DE 19801, United States
USA: +1 (302) 303-2617
Email: sales@marketgenics.co
Website: https://marketgenics.co
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Battery Recycling Market is Projected to Reach USD 71.3 Billion in 2035 here
News-ID: 4195172 • Views: …
More Releases from MarketGenics India Pvt. Ltd.
Brewery Equipment Market to Reach USD 38.1 Billion by 2035, Growing at 5.3% CAGR …
According to the report, the global brewery equipment market is likely to grow from USD 21.5 Billion in 2025 to USD 38.1 Billion in 2035 at a highest CAGR of 5.3% during the time period. The increasing popularity of craft beer, elevated use of high-quality alcoholic drinks, and growing microbrewery enterprises around the globe are driving the growth of the global brewery equipment market.
The craft beer market is also reporting…
Composite Tooling Market to Reach USD 1.1 Billion by 2035, Growing at 6.3% CAGR …
According to recent analysis, the global composite tooling market is expected to grow from USD 0.6 Billion in 2025 to USD 1.1 Billion by 2035, registering a robust CAGR of 6.3% during the forecast period. This growth is spurred by light weight, high strength composite tooling solutions with a thermal stability, especially in aerospace, automotive, and wind energy.
While composite components increase in complexity and manufacturers are being pressured to manufacture…
Conveyor Belt Market to Reach USD 8.6 Billion by 2035, Driven by 4.6% CAGR | REM …
According to the report, the global conveyor belt market is likely to grow from USD 5.2 Billion in 2025 to USD 8.6 Billion in 2035 at a highest CAGR of 4.6% during the time period. The global conveyor belt market is experiencing substantial growth due to the accelerating adoption of automation in manufacturing and logistics sectors, which enhances operational efficiency and reduces labor dependency.
The growth in e-commerce and warehousing, especially…
Commercial Aircraft Landing Gear Market Forecast 2035 | Tariff-Induced Supply Ch …
Global Commercial Aircraft Landing Gear Market Forecast 2035:
According to the report, the global commercial aircraft landing gear market is likely to grow from USD 10.4 Billion in 2025 to USD 22.9 Billion in 2035 at a highest CAGR of 8.2% during the time period. The commercial aircraft landing gear market is currently being driven by increasing aircraft deliveries, fleet renewal, and demand of lightweight and durable components. The growing number…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…
