Electric Vehicle Battery Recycling Market Size 2026-2030
The electric vehicle battery recycling market size is valued to increase by USD 6.41 billion, at a CAGR of 44.8% from 2025 to 2030. Surging electric vehicle adoption and expanding volume of end-of-life batteries will drive the electric vehicle battery recycling market.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 47.9% growth during the forecast period.
- By Source - Production scrap segment was valued at USD 497.4 million in 2024
- By Vehicle Type - Passenger cars segment accounted for the largest market revenue share in 2024
Market Size & Forecast
- Market Opportunities: USD 7.35 billion
- Market Future Opportunities: USD 6.41 billion
- CAGR from 2025 to 2030 : 44.8%
Market Summary
What will be the Size of the Electric Vehicle Battery Recycling Market during the forecast period?
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How is the Electric Vehicle Battery Recycling Market Segmented?
The electric vehicle battery recycling industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2026-2030, as well as historical data from 2020-2024 for the following segments.
- Source
- Production scrap
- End of life
- Vehicle type
- Passenger cars
- Commercial vehicles
- Battery type
- Lithium-ion
- Nickel-metal-hydride
- Lead-acid
- Geography
- APAC
- China
- Japan
- India
- Europe
- Germany
- UK
- France
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of World (ROW)
- APAC
By Source Insights
The production scrap segment is estimated to witness significant growth during the forecast period.
The Production scrap segment was valued at USD 497.4 million in 2024 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 47.9% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Market Dynamics
Our researchers analyzed the data with 2025 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Electric Vehicle Battery Recycling Industry?
What are the market trends shaping the Electric Vehicle Battery Recycling Industry?
What challenges does the Electric Vehicle Battery Recycling Industry face during its growth?
Exclusive Technavio Analysis on Customer Landscape
The electric vehicle battery recycling market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the electric vehicle battery recycling market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Electric Vehicle Battery Recycling Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, electric vehicle battery recycling market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Accurec Recycling GmbH -
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Accurec Recycling GmbH
- Andritz AG
- Aqua Metals Inc.
- Ascend Elements Inc.
- Attero Recycling Pvt. Ltd.
- Call2Recycle Inc.
- Camel Group Co. Ltd.
- Contemporary Amperex Ltd.
- Duesenfeld GmbH
- Ecobat LLC
- Ganfeng Lithium Group Ltd.
- GEM Co. Ltd.
- Gravita India Ltd.
- JERA Co. Inc.
- Lohum Cleantech Pvt. Ltd.
- RecycLiCo Battery Materials
- REDUX Recycling GmbH
- Redwood Materials Inc.
- Snam S.p.A
- Umicore SA
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Electric vehicle battery recycling market
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Electric Vehicle Battery Recycling Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 281 |
| Base year | 2025 |
| Historic period | 2020-2024 |
| Forecast period | 2026-2030 |
| Growth momentum & CAGR | Accelerate at a CAGR of 44.8% |
| Market growth 2026-2030 | USD 6410.9 million |
| Market structure | Fragmented |
| YoY growth 2025-2026(%) | 38.0% |
| Key countries | China, Japan, India, South Korea, Australia, Indonesia, Germany, UK, France, Italy, Spain, The Netherlands, US, Canada, Mexico, Brazil, Argentina, Chile, Saudi Arabia, UAE, South Africa, Israel and Turkey |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
What are the Key Data Covered in this Electric Vehicle Battery Recycling Market Research and Growth Report?
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What is the expected growth of the Electric Vehicle Battery Recycling Market between 2026 and 2030?
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USD 6.41 billion, at a CAGR of 44.8%
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What segmentation does the market report cover?
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The report is segmented by Source (Production scrap, and End of life), Vehicle Type (Passenger cars, and Commercial vehicles), Battery Type (Lithium-ion, Nickel-metal-hydride, and Lead-acid) and Geography (APAC, Europe, North America, South America, Middle East and Africa)
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Which regions are analyzed in the report?
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APAC, Europe, North America, South America and Middle East and Africa
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What are the key growth drivers and market challenges?
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Surging electric vehicle adoption and expanding volume of end-of-life batteries, Logistical and transportation complexities
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Who are the major players in the Electric Vehicle Battery Recycling Market?
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Accurec Recycling GmbH, Andritz AG, Aqua Metals Inc., Ascend Elements Inc., Attero Recycling Pvt. Ltd., Call2Recycle Inc., Camel Group Co. Ltd., Contemporary Amperex Ltd., Duesenfeld GmbH, Ecobat LLC, Ganfeng Lithium Group Ltd., GEM Co. Ltd., Gravita India Ltd., JERA Co. Inc., Lohum Cleantech Pvt. Ltd., RecycLiCo Battery Materials, REDUX Recycling GmbH, Redwood Materials Inc., Snam S.p.A and Umicore SA
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Market Research Insights
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