Press release
Battery Recycling Market Set to Surge: Innovations, Sustainability, and Multi-Billion-Dollar Opportunities 2025-2032 | Major Companies - Johnson Controls, Inc., Gravita India Ltd., Exide Technologies, Battery Solutions, Inc.
Battery Recycling Market
The Battery Recycling Market is estimated to grow at a CAGR of 28.3% during the forecast period 2024-2031.
The Battery Recycling Market refers to the industry focused on collecting, processing, and recovering valuable materials such as lithium, cobalt, nickel, and lead from used or end-of-life batteries. It supports sustainable resource management, reduces environmental impact, and supplies secondary raw materials for manufacturing new batteries across automotive, consumer electronics, and energy storage sectors.
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Recent Key Developments of United States:
✅ December 2025: Major expansions in manufacturing waste recycling capacity were announced by U.S. firms, aligning with Department of Energy programs to secure critical minerals and support electric mobility supply chains.
✅ November 2025: Federal incentives under the Inflation Reduction Act spurred new investments in lithium-ion battery recycling facilities, driven by surging electric vehicle adoption and energy storage deployments.
✅ October 2025: Toyota and LG Energy Solution launched a battery recycling joint venture focused on recovering key materials from end-of-life batteries, strengthening U.S. circular economy practices and reducing environmental impact through enhanced domestic processing.
Recent Key Developments of Japan:
✅ November 2025: Sumitomo Metal Mining (SMM) progressed plans for a new Li-ion battery recycling plant, with construction set to begin soon after, building on partnerships for used battery collection.
✅ October 2025: Japan initiated a national lithium battery recycling program to recover lithium and cobalt amid rising EV and electronics demand, advancing circular economy targets and e-waste reduction.
List of the Key Players in the Battery Recycling Market:
Johnson Controls, Inc.
Gravita India Ltd.
Exide Technologies
Battery Solutions, Inc.
COM2 Recycling Solutions
Umicore
East Penn Manufacturing Co
Enersys
Guangdong Brunp Recycling Technology Co
Accurec Recycling GmbH
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This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Segments Covered in the Battery Recycling Market:
By Application: Automotive, Industrial, Consumer & Electronics, Others.
By Chemistry: Lithium Based Battery, Nickel-Based Battery, Lead Acid Battery, Others.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Battery Recycling market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Battery Recycling Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The Global Battery Recycling market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Battery Recycling Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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People Also Ask:
◆ How big is the Battery Recycling Market in 2025?
◆ What is the projected growth rate of the Battery Recycling Market through 2033?
◆ Who are the key players in the Battery Recycling Market?
◆ Which region is expected to dominate the industry during the forecast period?
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