Asia Pacific Lithium-Ion Battery Recycling Market

The Asia Pacific lithium-ion battery recycling market is projected to grow from USD 9.71 billion in 2025 to USD 34.44 billion by 2032, at a CAGR of 19.8% during the forecast period. The strong growth of the market in the region is driven by the expansion of electric vehicle manufacturing, large-scale usage of consumer electronics, and increasing adoption of energy storage systems in Japan, China, India, and South Korea. Governments in the region are imposing stricter regulations and extended producer responsibility (EPR) policies to make waste management efficient and recover valuable materials such as cobalt, lithium, and nickel. Growing investments related to recycling infrastructure, along with the growing need to reduce dependency on imports for critical battery raw materials, are further propelling market development.

Contemporary Amperex Technology Co., Limited (CATL) (China), GEM Co., Ltd. (China), Attero Recycling (India), Umicore (Belgium), and SK Tes (Singapore) fall under the winners' category. These are leading players in the Asia Pacific lithium-ion battery recycling market according to their revenue, production capacity, technological innovation, and market presence.

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Contemporary Amperex Technology Co., Limited (CATL) (China)

Contemporary Amperex Technology Co., Limited (CATL) is focused on innovative energy technologies. It is listed on the Shenzhen Stock Exchange. CATL offers its services through a solution-based portfolio that includes passenger vehicles, commercial applications, energy storage systems, and battery recycling. The company engages in lithium-ion battery recycling through its subsidiary, Guangdong Brunp Recycling Technology (China).

Guangdong Brunp Recycling Technology, formerly Foshan Brunp Recycling Science and Technology Co., Ltd., was established in 2005. It operates the entire battery industrial chain recycling system and recovers nickel, cobalt, manganese, and lithium from spent digital batteries and auto power batteries. Its waste battery disposal capacity is around 120,000 tons per annum and generates nickel manganese cobalt hydroxides (Ternary precursor), nickel manganese acid lithium cobalt (Ternary material), lithium cobalt oxide, cobalt chloride, nickel sulfate, cobaltous sulfate, and cobaltosic oxide, with a total yield of more than 99%. Its battery recycling network covers China, Japan, South Korea, Taiwan, and the Americas. CATL operates its subsidiaries in France, the US, Canada, and Japan, among other countries. It has approximately 13 manufacturing facilities in China, Hungary, and Germany, along with 5 R&D centers in China and Munich (Germany).

GEM Co., Ltd. (China)

GEM Co., Ltd. is among the leading companies operating in the new energy material and cemented carbide material industries. It recycles rare metal resources, battery packs, electronic waste, and used cars. Lithium-ion battery recycling services are offered under its power battery recycling business. The company has established seven end-of-life vehicle recycling centers, six e-waste green processing centers, five waste power battery comprehensive utilization centers, four battery material manufacturing centers, three waste plastic recycling centers, two solid waste treatment centers, and one nickel-cobalt-tungsten resource recycling center for recycling lithium-ion batteries. These facilities aid in recovering metals such as lithium, nickel, cobalt, manganese, copper, aluminum, and other components from used batteries. Generally, these valuable metals are reused to produce new battery materials to serve customers such as Samsung SDI, Toyota, EVE, Volkswagen, and others. With its green dismantling lines, the company handles more than 250,000 tons of waste power battery packs annually.

The company operates in Europe, the US, South Korea, and Indonesia. GEM Co., Ltd. has also established new energy materials facilities and 16 waste recycling parks in 11 provinces and municipalities of China, including Hubei, Hunan, Guangdong, Jiangxi, Henan, Tianjin, Jiangsu, Zhejiang, Shanxi, Inner Mongolia, and Fujian.

Attero Recycling (India)

Attero is an electronic asset management company specializing in end-to-end e-waste recycling solutions. Attero offers services to customers and businesses through its core business activities: E-waste recycling, reverse logistics, client compliance & consulting, and lithium-ion battery recycling. The company has a strong presence in countries such as South Korea, Australia, India, and Hungary.

SK Tes (Singapore)

TES, a wholly owned subsidiary of SK, provides synchronized electronic waste management solutions. Its services include energy storage solutions, onsite data destruction, battery recycling, IT asset disposition, and data center services. The company employs two different battery recycling processes: black mass process and chemical refinement process, to recover lithium-ion batteries. Both are hydrometallurgical-based processes offering more than 99% pure elements with a 90% recovery rate. The extracted components include lithium carbonate, cobalt hydroxide, nickel, graphite, copper, aluminum, and sodium sulfate (by-product). Its commercial battery recycling facility in Singapore has the capacity to process more than 14 tons of lithium-ion batteries or the equivalent of 280,000 smartphones each day. The company's clients range from OEMs, CEMs, repair and servicing companies to logistics providers, electronic waste brokers, local authorities, and national environmental agencies. Its operating sites are located across Asia Pacific, Europe, and North America.

Umicore (Belgium)

Umicore is a materials technology company and recycling group in chemistry, material science, and metallurgy, with operations across Europe, North America, South America, Asia Pacific, and Africa. It operates through three business segments, namely recycling, catalysis, and energy & surface technologies. The recycling segment comprises battery recycling solutions, jewelry & industrial metals, precious metals management, and precious metals refining. Umicore serves various industries, including energy, automotive, recycling, chemicals, manufacturing, optics & displays, precious metals, and electronics. It operates a recycling facility in Hoboken (Belgium). Also, the company recycles batteries through its recycling plant in Hanau (Germany). Both facilities employ hydrometallurgy and pyrometallurgy recycling processes for recycling batteries.

Market Ranking

In the Asia Pacific lithium-ion battery recycling market, companies are ranked based on revenue, production capacity, technological innovation, and market presence. Leading players such as Contemporary Amperex Technology Co., Limited (CATL) (China), GEM Co., Ltd. (China), Attero Recycling (India), Umicore (Belgium), and SK Tes (Singapore) are playing a crucial role in supply, accounting for a significant share of the total Asia Pacific lithium-ion battery recycling market.

Related Reports:

Asia Pacific Lithium-ion Battery Recycling Market by Source (Automotive, Non-Automotive), Battery Chemistry (LFP, NMC, LMO, NCA, LTO), Component, Recycling Process (Hydrometallurgical, Pyrometallurgy, Physical/Mechanical), and Country - Forecast to 2032

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