EV Lithium-ion Battery Recycling Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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Battery recycling is a recycling activity that aims to reduce the number of batteries being disposed as municipal solid waste. Batteries contain a number of heavy metals and toxic chemicals and disposing of them by the same process as regular trash has raised concerns over soil contamination and water pollution.
This report aims to provide a comprehensive presentation of the global market for EV Lithium-ion Battery Recycling study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global EV Lithium-ion Battery Recycling Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global EV Lithium-ion Battery Recycling market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
LiCoO2 Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of EV Lithium-ion Battery Recycling include Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl) and Duesenfeld, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the EV Lithium-ion Battery Recycling companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global EV Lithium-ion Battery Recycling Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global EV Lithium-ion Battery Recycling Market Segment Percentages, by Type, 2021 (%)
LiCoO2 Battery
NMC Battery
LiFePO4 Battery
Other
Global EV Lithium-ion Battery Recycling Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global EV Lithium-ion Battery Recycling Market Segment Percentages, by Application, 2021 (%)
Automotive
Industrial
Electric Power
Other
Global EV Lithium-ion Battery Recycling Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global EV Lithium-ion Battery Recycling Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies EV Lithium-ion Battery Recycling revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies EV Lithium-ion Battery Recycling revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Retriev Technologies
Tes-Amm(Recupyl)
Duesenfeld
4R Energy Corp
OnTo Technology
Li-Cycle Corp.
Fortum
Raw Materials Company
Glencore International
Akkuser
Accurec-Recycling
Neometals Ltd
Tata Chemicals Limited
American Zinc Recycling
USCAR
Lithion Recycling Inc.
American Manganese Inc
Ecobat
Primobius
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 EV Lithium-ion Battery Recycling Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global EV Lithium-ion Battery Recycling Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global EV Lithium-ion Battery Recycling Overall Market Size
2.1 Global EV Lithium-ion Battery Recycling Market Size: 2021 VS 2028
2.2 Global EV Lithium-ion Battery Recycling Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top EV Lithium-ion Battery Recycling Players in Global Market
3.2 Top Global EV Lithium-ion Battery Recycling Companies Ranked by Revenue
3.3 Global EV Lithium-ion Battery Recycling Revenue by Companies
3.4 Top 3 and Top 5 EV Lithium-ion Battery Recycling Companies in Global Market, by Revenue in 2021
3.5 Global Companies EV Lithium-ion Battery Recycling Product Type
3.6 Tier 1, Tier 2 and Tier 3 EV Lithium-ion Battery Recycling Players in Global Market
3.6.1 List of Global Tier 1 EV Lithium-ion Battery Recycling Companies
3.6.2 List of Global Tier 2 and Tier 3 EV Lithium-ion Battery Recycling Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global EV Lithium-ion Battery Recycling Market Size Markets, 2021 & 2028
4.1.2 LiCoO2 Battery
4.1.3 NMC Battery
4.1.4 LiFePO4 Battery
4.1.5 Other
4.2 By Type - Global EV Lithium-ion Battery Recycling Revenue & Forecasts
4.2.1 By Type - Global EV Lithium-ion Battery Recycling Revenue, 2017-2022
4.2.2 By Type - Global EV Lithium-ion Battery Recycling Revenue, 2023-2028
4.2.3 By Type - Global EV Lithium-ion Battery Recycling Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global EV Lithium-ion Battery Recycling Market Size, 2021 & 2028
5.1.2 Automotive
5.1.3 Industrial
5.1.4 Electric Power
5.1.5 Other
5.2 By Application - Global EV Lithium-ion Battery Recycling Revenue & Forecasts
5.2.1 By Application - Global EV Lithium-ion Battery Recycling Revenue, 2017-2022
5.2.2 By Application - Global EV Lithium-ion Battery Recycling Revenue, 2023-2028
5.2.3 By Application - Global EV Lithium-ion Battery Recycling Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global EV Lithium-ion Battery Recycling Market Size, 2021 & 2028
6.2 By Region - Global EV Lithium-ion Battery Recycling Revenue & Forecasts
6.2.1 By Region - Global EV Lithium-ion Battery Recycling Revenue, 2017-2022
6.2.2 By Region - Global EV Lithium-ion Battery Recycling Revenue, 2023-2028
6.2.3 By Region - Global EV Lithium-ion Battery Recycling Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America EV Lithium-ion Battery Recycling Revenue, 2017-2028
6.3.2 US EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.3.3 Canada EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.3.4 Mexico EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe EV Lithium-ion Battery Recycling Revenue, 2017-2028
6.4.2 Germany EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.4.3 France EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.4.4 U.K. EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.4.5 Italy EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.4.6 Russia EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.4.7 Nordic Countries EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.4.8 Benelux EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia EV Lithium-ion Battery Recycling Revenue, 2017-2028
6.5.2 China EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.5.3 Japan EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.5.4 South Korea EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.5.5 Southeast Asia EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.5.6 India EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America EV Lithium-ion Battery Recycling Revenue, 2017-2028
6.6.2 Brazil EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.6.3 Argentina EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa EV Lithium-ion Battery Recycling Revenue, 2017-2028
6.7.2 Turkey EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.7.3 Israel EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.7.4 Saudi Arabia EV Lithium-ion Battery Recycling Market Size, 2017-2028
6.7.5 UAE EV Lithium-ion Battery Recycling Market Size, 2017-2028
7 Players Profiles
7.1 Umicore
7.1.1 Umicore Corporate Summary
7.1.2 Umicore Business Overview
7.1.3 Umicore EV Lithium-ion Battery Recycling Major Product Offerings
7.1.4 Umicore EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.1.5 Umicore Key News
7.2 GEM
7.2.1 GEM Corporate Summary
7.2.2 GEM Business Overview
7.2.3 GEM EV Lithium-ion Battery Recycling Major Product Offerings
7.2.4 GEM EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.2.5 GEM Key News
7.3 Brunp Recycling
7.3.1 Brunp Recycling Corporate Summary
7.3.2 Brunp Recycling Business Overview
7.3.3 Brunp Recycling EV Lithium-ion Battery Recycling Major Product Offerings
7.3.4 Brunp Recycling EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.3.5 Brunp Recycling Key News
7.4 SungEel HiTech
7.4.1 SungEel HiTech Corporate Summary
7.4.2 SungEel HiTech Business Overview
7.4.3 SungEel HiTech EV Lithium-ion Battery Recycling Major Product Offerings
7.4.4 SungEel HiTech EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.4.5 SungEel HiTech Key News
7.5 Taisen Recycling
7.5.1 Taisen Recycling Corporate Summary
7.5.2 Taisen Recycling Business Overview
7.5.3 Taisen Recycling EV Lithium-ion Battery Recycling Major Product Offerings
7.5.4 Taisen Recycling EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.5.5 Taisen Recycling Key News
7.6 Batrec
7.6.1 Batrec Corporate Summary
7.6.2 Batrec Business Overview
7.6.3 Batrec EV Lithium-ion Battery Recycling Major Product Offerings
7.6.4 Batrec EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.6.5 Batrec Key News
7.7 Retriev Technologies
7.7.1 Retriev Technologies Corporate Summary
7.7.2 Retriev Technologies Business Overview
7.7.3 Retriev Technologies EV Lithium-ion Battery Recycling Major Product Offerings
7.7.4 Retriev Technologies EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.7.5 Retriev Technologies Key News
7.8 Tes-Amm(Recupyl)
7.8.1 Tes-Amm(Recupyl) Corporate Summary
7.8.2 Tes-Amm(Recupyl) Business Overview
7.8.3 Tes-Amm(Recupyl) EV Lithium-ion Battery Recycling Major Product Offerings
7.8.4 Tes-Amm(Recupyl) EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.8.5 Tes-Amm(Recupyl) Key News
7.9 Duesenfeld
7.9.1 Duesenfeld Corporate Summary
7.9.2 Duesenfeld Business Overview
7.9.3 Duesenfeld EV Lithium-ion Battery Recycling Major Product Offerings
7.9.4 Duesenfeld EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.9.5 Duesenfeld Key News
7.10 4R Energy Corp
7.10.1 4R Energy Corp Corporate Summary
7.10.2 4R Energy Corp Business Overview
7.10.3 4R Energy Corp EV Lithium-ion Battery Recycling Major Product Offerings
7.10.4 4R Energy Corp EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.10.5 4R Energy Corp Key News
7.11 OnTo Technology
7.11.1 OnTo Technology Corporate Summary
7.11.2 OnTo Technology Business Overview
7.11.3 OnTo Technology EV Lithium-ion Battery Recycling Major Product Offerings
7.11.4 OnTo Technology EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.11.5 OnTo Technology Key News
7.12 Li-Cycle Corp.
7.12.1 Li-Cycle Corp. Corporate Summary
7.12.2 Li-Cycle Corp. Business Overview
7.12.3 Li-Cycle Corp. EV Lithium-ion Battery Recycling Major Product Offerings
7.12.4 Li-Cycle Corp. EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.12.5 Li-Cycle Corp. Key News
7.13 Fortum
7.13.1 Fortum Corporate Summary
7.13.2 Fortum Business Overview
7.13.3 Fortum EV Lithium-ion Battery Recycling Major Product Offerings
7.13.4 Fortum EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.13.5 Fortum Key News
7.14 Raw Materials Company
7.14.1 Raw Materials Company Corporate Summary
7.14.2 Raw Materials Company Business Overview
7.14.3 Raw Materials Company EV Lithium-ion Battery Recycling Major Product Offerings
7.14.4 Raw Materials Company EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.14.5 Raw Materials Company Key News
7.15 Glencore International
7.15.1 Glencore International Corporate Summary
7.15.2 Glencore International Business Overview
7.15.3 Glencore International EV Lithium-ion Battery Recycling Major Product Offerings
7.15.4 Glencore International EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.15.5 Glencore International Key News
7.16 Akkuser
7.16.1 Akkuser Corporate Summary
7.16.2 Akkuser Business Overview
7.16.3 Akkuser EV Lithium-ion Battery Recycling Major Product Offerings
7.16.4 Akkuser EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.16.5 Akkuser Key News
7.17 Accurec-Recycling
7.17.1 Accurec-Recycling Corporate Summary
7.17.2 Accurec-Recycling Business Overview
7.17.3 Accurec-Recycling EV Lithium-ion Battery Recycling Major Product Offerings
7.17.4 Accurec-Recycling EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.17.5 Accurec-Recycling Key News
7.18 Neometals Ltd
7.18.1 Neometals Ltd Corporate Summary
7.18.2 Neometals Ltd Business Overview
7.18.3 Neometals Ltd EV Lithium-ion Battery Recycling Major Product Offerings
7.18.4 Neometals Ltd EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.18.5 Neometals Ltd Key News
7.19 Tata Chemicals Limited
7.19.1 Tata Chemicals Limited Corporate Summary
7.19.2 Tata Chemicals Limited Business Overview
7.19.3 Tata Chemicals Limited EV Lithium-ion Battery Recycling Major Product Offerings
7.19.4 Tata Chemicals Limited EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.19.5 Tata Chemicals Limited Key News
7.20 American Zinc Recycling
7.20.1 American Zinc Recycling Corporate Summary
7.20.2 American Zinc Recycling Business Overview
7.20.3 American Zinc Recycling EV Lithium-ion Battery Recycling Major Product Offerings
7.20.4 American Zinc Recycling EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.20.5 American Zinc Recycling Key News
7.21 USCAR
7.21.1 USCAR Corporate Summary
7.21.2 USCAR Business Overview
7.21.3 USCAR EV Lithium-ion Battery Recycling Major Product Offerings
7.21.4 USCAR EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.21.5 USCAR Key News
7.22 Lithion Recycling Inc.
7.22.1 Lithion Recycling Inc. Corporate Summary
7.22.2 Lithion Recycling Inc. Business Overview
7.22.3 Lithion Recycling Inc. EV Lithium-ion Battery Recycling Major Product Offerings
7.22.4 Lithion Recycling Inc. EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.22.5 Lithion Recycling Inc. Key News
7.23 American Manganese Inc
7.23.1 American Manganese Inc Corporate Summary
7.23.2 American Manganese Inc Business Overview
7.23.3 American Manganese Inc EV Lithium-ion Battery Recycling Major Product Offerings
7.23.4 American Manganese Inc EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.23.5 American Manganese Inc Key News
7.24 Ecobat
7.24.1 Ecobat Corporate Summary
7.24.2 Ecobat Business Overview
7.24.3 Ecobat EV Lithium-ion Battery Recycling Major Product Offerings
7.24.4 Ecobat EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.24.5 Ecobat Key News
7.25 Primobius
7.25.1 Primobius Corporate Summary
7.25.2 Primobius Business Overview
7.25.3 Primobius EV Lithium-ion Battery Recycling Major Product Offerings
7.25.4 Primobius EV Lithium-ion Battery Recycling Revenue in Global Market (2017-2022)
7.25.5 Primobius Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
Research Methodology:
EV Lithium ion Battery Recycling Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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