Asia Pacific Battery Recycling Market worth $20.01 billion by 2030
The report "Asia Pacific Battery Recycling Market by Chemistry (Lead Acid, Nickel, Lithium), Material (Metals, Electrolytes, Plastics), Source (Automotive, Industrial, Consumer and Electronics), Processing State, Recycling Process, and Country - Forecast to 2030" is projected to grow from USD 12.47 billion in 2025 and to reach USD 20.01 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period.
Browse 220 market data Tables and 40 Figures spread through 200 Pages and in-depth TOC on "Asia Pacific Battery Recycling Market by Chemistry (Lead Acid, Nickel, Lithium), Material (Metals, Electrolytes, Plastics), Source (Automotive, Industrial, Consumer and Electronics), Processing State, Recycling Process, and Country - Forecast to 2030"
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The Asia Pacific battery recycling market is projected to grow from USD 12.47 billion in 2025 to USD 20.01 billion by 2030, at a CAGR of 9.9% during the forecast period. The market is expanding rapidly, driven by the acceleration of electric vehicle deployment, growth in consumer electronics, and large installed bases of lead-acid and lithium-ion batteries in major economies such as China, India, Japan, and South Korea. Stricter environmental regulations and extended producer responsibility frameworks are prompting OEMs and importers to formalize collection networks and invest in recycling capacity. Meanwhile, government incentives in areas such as EVs, critical mineral security, and e-waste management further reinforce recycling as part of national circular economy strategies.
By chemistry, the lithium-based battery segment is expected to account for the largest market share, in terms of value, during the forecast period.
Lithium-based battery is estimated to account for the largest share of the market, driven by the rapid penetration of electric vehicles, large-scale deployment of energy storage systems, and the proliferation of portable electronics that rely on lithium-ion chemistries. The region hosts a dense cluster of cell manufacturers and EV supply chains in China, South Korea, Japan, and increasingly India, which is sharply increasing end-of-life volumes of high-energy-density lithium-ion and LFP batteries and making their recovery strategically important for critical minerals such as lithium, nickel, cobalt, and graphite. Supportive policy moves around circular economy and critical mineral security, together with strong economics from recovering high-value metals and active investments in advanced hydrometallurgical and direct recycling routes, further reinforce lithium-based batteries as the dominant chemistry segment in the medium to long term, even as lead-acid remains important in legacy applications.
By source, the automotive segment is expected to account for the largest market share, in terms of value, during the forecast period.
The automotive segment is projected to register the largest share in the market, fueled by the region's surging adoption of battery electric and hybrid vehicles and its long-established base of lead-acid starter batteries in passenger and commercial fleets. China, Japan, South Korea, and India are driving a sharp increase in end-of-life EV traction packs and 12V lead-acid units, while tightening regulations on producer responsibility, hazardous waste handling, and ELV (end-of-life vehicle) management are pushing OEMs and battery makers to build formal collection and recycling networks. The high volume of automotive batteries, combined with the value of recoverable materials and growing emphasis on circular economy in transport decarbonization strategies, positions the automotive segment as the dominant contributor to the market.
China is projected to account for the largest market share during the forecast period in terms of value.
China, being a global automotive manufacturing hub, holds immense potential for the growth of the battery recycling market. The increase in the production of electric vehicles and batteries used in vehicles is driving the battery recycling market in the country. China is also one of the world's leading producers of industrial machines and electronic devices. This is expected to drive the battery market across multiple applications in China, fueling the demand for battery recycling.
Some of the leading players in this market include Contemporary Amperex Technology Co., Limited (CATL) (China), GEM Co., Ltd. (China), Exide Industries Ltd. (India), Glencore (Switzerland), and SK Tes (Singapore).
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