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Lithium-ion Battery Recycling Market Size, Share & Trends Analysis by Application, Region, and Segment Forecasts, 2026-2033

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    Report

  • 120 Pages
  • January 2026
  • Region: Global
  • Grand View Research
  • ID: 5982964
The global lithium-ion battery recycling market size was estimated at USD 287.3 million in 2025 and is projected to reach USD 2.74 billion by 2033, expanding at a CAGR of 30.9% from 2026 to 2033. Lithium-ion battery recycling involves the collection, dismantling, and processing of end-of-life batteries to recover valuable materials such as lithium, cobalt, nickel, manganese, copper, and aluminum, which are reused in new battery production.

Rising EV adoption, increasing battery waste volumes, and the need to reduce reliance on virgin raw materials are strongly supporting market growth.

The global lithium-ion battery recycling market continues to gain traction, driven by the rapid expansion of electric vehicles (EVs), energy storage systems (ESS), and consumer electronics, which is accelerating the generation of spent batteries worldwide. Manufacturers and governments are increasingly focusing on circular economy practices, supply chain sustainability, and regulatory compliance to strengthen recycling infrastructure. In addition, advancements in recycling technologies such as hydrometallurgical and direct recycling methods, along with growing investments in battery collection networks and recycling capacity, are further enhancing the market outlook globally.

Global Lithium-ion Battery Recycling Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, the analyst has segmented the global lithium-ion battery recycling market report on the basis of application, and region:

Application Outlook (Revenue, USD Million, 2021-2033)

  • Transportation
  • Consumer Electronics
  • Industrial

Regional Outlook (Revenue, USD Million, 2021-2033)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Why You Should Buy This Report

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.4.1. Standards & Compliance
3.4.2. Regulatory Impact Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunities
3.5.4. Market Challenges
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTLE Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social Landscape
3.7.4. Technology
3.7.5. Environmental
3.7.6. Legal
Chapter 4. Lithium-ion Battery Recycling Market: Application Estimates & Trend Analysis
4.1. Lithium-ion Battery Recycling Market: Application Movement Analysis, 2025 & 2033
4.2. Transportation
4.2.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.3. Consumer Electronics
4.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.4. Industrial
4.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
Chapter 5. Lithium-ion Battery Recycling Market: Regional Estimates & Trend Analysis
5.1. Regional Analysis, 2025 & 2033
5.2. North America
5.2.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.2.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.2.3. U.S.
5.2.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.2.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.2.4. Canada
5.2.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.2.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.2.5. Mexico
5.2.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.2.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3. Europe
5.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3.3. Germany
5.3.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3.4. UK
5.3.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3.5. France
5.3.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3.6. Italy
5.3.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.6.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3.7. Spain
5.3.7.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.7.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3.8. Netherlands
5.3.8.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.8.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.3.9. Poland
5.3.9.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.3.9.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.4. Asia Pacific
5.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.4.3. China
5.4.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.4.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.4.4. India
5.4.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.4.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.4.5. Japan
5.4.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.4.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.4.6. South Korea
5.4.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.4.6.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.4.7. Australia
5.4.7.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.4.7.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.5. Latin America
5.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.5.3. Brazil
5.5.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.5.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.5.4. Argentina
5.5.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.5.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.6. Middle East & Africa
5.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.6.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.6.3. Saudi Arabia
5.6.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.6.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.6.4. UAE
5.6.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.6.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
5.6.5. South Africa
5.6.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.6.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)
Chapter 6. Competitive Landscape
6.1. Recent Developments By Key Market Participants
6.2. Company Categorization
6.3. List of Key Component Suppliers & Channel Partners
6.4. Company Market Share & Positioning Analysis, 2025
6.5. Heat Map Analysis
6.6. Vendor Landscape
6.6.1. List of Raw Material Suppliers
6.6.2. List of Distributors/Traders
6.6.3. List of Other Prominent Manufacturers
6.7. List of Prospective End Users
6.8. Strategy Mapping
6.9. Company Profiles/Listing
6.9.1. Li-Cycle Corp.
6.9.1.1. Company Overview
6.9.1.2. Financial Performance
6.9.1.3. Product Benchmarking
6.9.2. Redwood Materials, Inc.
6.9.2.1. Company Overview
6.9.2.2. Financial Performance
6.9.2.3. Product Benchmarking
6.9.3. Umicore
6.9.3.1. Company Overview
6.9.3.2. Financial Performance
6.9.3.3. Product Benchmarking
6.9.4. Glencore
6.9.4.1. Company Overview
6.9.4.2. Financial Performance
6.9.4.3. Product Benchmarking
6.9.5. Ecobat
6.9.5.1. Company Overview
6.9.5.2. Financial Performance
6.9.5.3. Product Benchmarking
6.9.6. Cirba Solutions
6.9.6.1. Company Overview
6.9.6.2. Financial Performance
6.9.6.3. Product Benchmarking
6.9.7. American Battery Technology Company (ABTC)
6.9.7.1. Company Overview
6.9.7.2. Financial Performance
6.9.7.3. Product Benchmarking
6.9.8. Fortum
6.9.8.1. Company Overview
6.9.8.2. Financial Performance
6.9.8.3. Product Benchmarking
6.9.9. Retriev Technologies
6.9.9.1. Company Overview
6.9.9.2. Financial Performance
6.9.9.3. Product Benchmarking
6.9.10. GEM Co., Ltd.
6.9.10.1. Company Overview
6.9.10.2. Financial Performance
6.9.10.3. Product Benchmarking
List of Tables
Table 1 Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 2 Lithium-ion Battery Recycling market estimates & forecasts, in Transportation, 2021-2033 (USD Million)
Table 3 Lithium-ion Battery Recycling market estimates & forecasts, in Consumer Electronics, 2021-2033 (USD Million)
Table 4 Lithium-ion Battery Recycling market estimates & forecasts, in Industrial, 2021-2033 (USD Million)
Table 5 North America Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 6 North America Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 7 U.S. Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 8 U.S. Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 9 Canada Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 10 Canada Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 11 Mexico Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 12 Mexico Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 13 Europe Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 14 Europe Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 15 Germany Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 16 Germany Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 17 UK Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 18 UK Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 19 Italy Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 20 Italy Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 21 Spain Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 22 Spain Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 23 Poland Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 24 Poland Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 25 Netherlands Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 26 Netherlands Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 27 France Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 28 France Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 29 Asia Pacific Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 30 Asia Pacific Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 31 China Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 32 China Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 33 Japan Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 34 Japan Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 35 India Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 36 India Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 37 Australia Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 38 Australia Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 39 South Korea Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 40 South Korea Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 41 Latin America Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 42 Latin America Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 43 Brazil Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 44 Brazil Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 45 Argentina Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 46 Argentina Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 47 Middle East & Africa Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)
Table 48 Middle East & Africa Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 49 Saudi Arabia Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 50 Saudi Arabia Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 51 UAE Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 52 UAE Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
Table 53 South Africa Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)
Table 54 South Africa Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)
List of Figures
Figure 1 Market segmentation
Figure 2 Information procurement
Figure 3 Data analysis models
Figure 4 Market formulation and validation
Figure 5 Data validating & publishing
Figure 6 Market snapshot
Figure 7 Segmental outlook - Application
Figure 8 Competitive Outlook
Figure 9 Lithium-ion Battery Recycling market outlook, 2021-2033 (USD Million)
Figure 10 Value chain analysis
Figure 11 Market dynamics
Figure 12 Porter’s Analysis
Figure 13 PESTEL Analysis
Figure 14 Lithium-ion Battery Recycling market, by application: Key takeaways
Figure 15 Lithium-ion Battery Recycling market, by application: Market share, 2025 & 2033
Figure 16 Lithium-ion Battery Recycling market: Regional analysis, 2025 & 2033
Figure 17 Lithium-ion Battery Recycling market, by region: Key takeaways

Companies Mentioned

The leading players profiled in this Lithium-ion Battery Recycling market report include:
  • Li-Cycle Corp.
  • Redwood Materials, Inc.
  • Umicore
  • Glencore
  • Ecobat
  • Cirba Solutions
  • American Battery Technology Company (ABTC)
  • Fortum
  • Retriev Technologies
  • GEM Co., Ltd.

Table Information