Automotive Battery Recycling Market worth $43.42 billion by 2030
The report "Automotive Battery Recycling Market by Chemistry (Lead Acid, Nickel, Lithium), and Region (Asia Pacific, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2030" is projected to grow from USD 26.21 billion in 2025 and to reach USD 43.42 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.
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The global automotive battery recycling market is projected to grow from USD 26.21 billion in 2025 to USD 43.42 billion by 2030, at a CAGR of 10.6% during the forecast period. The global automotive battery recycling market is expanding rapidly. This is attributed to the rapid increase in the adoption of electric vehicles (EVs) across the globe. The market in Europe and North America is influenced by regulatory policies such as the EU Battery Regulation and the US Inflation Reduction Act. The market has already begun to invest in advanced hydrometallurgical facilities that can efficiently process the black mass from production scrap.
By chemistry, thelithium-based batterysegment is expected to account for the largest market share, in terms of value, during the forecast period.
The lithium-based battery segment is estimated to account for the largest share of the overall market. The rapid manufacturing of EVs is creating a huge amount of scrap, even as the first significant shift of the end-of-life lithium-ion automotive batteries is entering the recycling streams. Governments in North America, Europe, China, and other Asian markets have implemented strict recycling laws along with material recovery targets, which have resulted in automobile manufacturers and recyclers establishing large-scale, closed-loop recycling systems.
Asia Pacific is projected to account for the largest market share during the forecast period in terms of value.
The automotive battery recycling market in Asia Pacific is growing due to the rapid electrification taking place in China, Japan, South Korea, and some Southeast Asian countries. The region is home to one of the largest EV manufacturing hubs and has a number of gigafactories, which create a significant amount of production waste that will turn into a steady flow of used lithium-ion batteries. China and South Korea's focus on regulations regarding batteries tracing, recycling, and disposal methods have drastically increased the speed of investment in the recycling infrastructure. Local carmakers and cell makers are prioritizing closed-loop material recovery processes to keep critical minerals and lessen the supply chain risks.
Some of the leading players in this market include Call2Recycle, Inc. (US), Cirba Solutions (US), Element Resources (US), Umicore (Belgium), Contemporary Amperex Technology Co., Limited (China), and Exide Industries Ltd. (India).
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