Electric Vehicle Battery Recycling Market Analysis and Forecast by Size, Share, Growth, Trends 2031

Coverage: Electric Vehicle Battery Recycling Market covers analysis By Battery Type (Nickel Metal Hydride Batteries, Lithium-Ion Batteries, Li-Sulphur Batteries); Application (Electric Cars, Electric Buses, Energy Storage Systems, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Oct 2025
  • Report Code : TIPRE00007319
  • Category : Energy and Power
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Electric Vehicle Battery Recycling Market is expected to register a CAGR of XX% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.

The report is categorized by Battery Type (Nickel Metal Hydride Batteries, Lithium-Ion Batteries, Li-Sulphur Batteries) and further analyzes the market based on Application (Electric Cars, Electric Buses, Energy Storage Systems). A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.

The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.

Purpose of the Report

The report Electric Vehicle Battery Recycling Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Electric Vehicle Battery Recycling Market Segmentation

Battery Type
  • Nickel Metal Hydride Batteries
  • Lithium-Ion Batteries
  • Li-Sulphur Batteries
Application
  • Electric Cars
  • Electric Buses
  • Energy Storage Systems

Strategic Insights

Electric Vehicle Battery Recycling Market Growth Drivers
  • Empowering Sustainability: Transforming EV Batteries into New Resources
  • Innovating Recycling Technologies for a Greener Future
  • Driving Circular Economy: Reducing Waste in Electric Vehicle Batteries
Electric Vehicle Battery Recycling Market Future Trends
  • Electric Vehicle Battery Recycling: A Green Revolution in 2025
  • Innovative Technologies Transforming EV Battery Life Cycle Management
  • Circular Economy Gains Momentum in Electric Vehicle Battery Sector
Electric Vehicle Battery Recycling Market Opportunities
  • Revitalize Resources: Unlocking Value in EV Battery Recycling
  • Sustainable Solutions: Transforming Waste into Energy for a Greener Future
  • Innovate and Thrive: New Technologies in Electric Vehicle Battery Recovery

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Electric Vehicle Battery Recycling Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Electric Vehicle Battery Recycling Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


RD Image
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
REGIONAL FRAMEWORK
World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electric Vehicle Battery Recycling Market - By Battery Type
1.3.2 Electric Vehicle Battery Recycling Market - By Application
1.3.3 Electric Vehicle Battery Recycling Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ELECTRIC VEHICLE BATTERY RECYCLING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. ELECTRIC VEHICLE BATTERY RECYCLING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. ELECTRIC VEHICLE BATTERY RECYCLING MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRIC VEHICLE BATTERY RECYCLING - GLOBAL MARKET OVERVIEW
6.2. ELECTRIC VEHICLE BATTERY RECYCLING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ELECTRIC VEHICLE BATTERY RECYCLING MARKET - REVENUE AND FORECASTS TO 2028 - BATTERY TYPE
7.1. OVERVIEW
7.2. BATTERY TYPE MARKET FORECASTS AND ANALYSIS
7.3. NICKEL METAL HYDRIDE BATTERIES
7.3.1. Overview
7.3.2. Nickel Metal Hydride Batteries Market Forecast and Analysis
7.4. LITHIUM-ION BATTERIES
7.4.1. Overview
7.4.2. Lithium-Ion Batteries Market Forecast and Analysis
7.5. LI-SULPHUR BATTERIES
7.5.1. Overview
7.5.2. Li-Sulphur Batteries Market Forecast and Analysis
8. ELECTRIC VEHICLE BATTERY RECYCLING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ELECTRIC CARS
8.3.1. Overview
8.3.2. Electric Cars Market Forecast and Analysis
8.4. ELECTRIC BUSES
8.4.1. Overview
8.4.2. Electric Buses Market Forecast and Analysis
8.5. ENERGY STORAGE SYSTEMS
8.5.1. Overview
8.5.2. Energy Storage Systems Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. ELECTRIC VEHICLE BATTERY RECYCLING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electric Vehicle Battery Recycling Market Overview
9.1.2 North America Electric Vehicle Battery Recycling Market Forecasts and Analysis
9.1.3 North America Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Battery Type
9.1.4 North America Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Application
9.1.5 North America Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Countries
9.1.5.1 United States Electric Vehicle Battery Recycling Market
9.1.5.1.1 United States Electric Vehicle Battery Recycling Market by Battery Type
9.1.5.1.2 United States Electric Vehicle Battery Recycling Market by Application
9.1.5.2 Canada Electric Vehicle Battery Recycling Market
9.1.5.2.1 Canada Electric Vehicle Battery Recycling Market by Battery Type
9.1.5.2.2 Canada Electric Vehicle Battery Recycling Market by Application
9.1.5.3 Mexico Electric Vehicle Battery Recycling Market
9.1.5.3.1 Mexico Electric Vehicle Battery Recycling Market by Battery Type
9.1.5.3.2 Mexico Electric Vehicle Battery Recycling Market by Application
9.2. EUROPE
9.2.1 Europe Electric Vehicle Battery Recycling Market Overview
9.2.2 Europe Electric Vehicle Battery Recycling Market Forecasts and Analysis
9.2.3 Europe Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Battery Type
9.2.4 Europe Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Application
9.2.5 Europe Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electric Vehicle Battery Recycling Market
9.2.5.1.1 Germany Electric Vehicle Battery Recycling Market by Battery Type
9.2.5.1.2 Germany Electric Vehicle Battery Recycling Market by Application
9.2.5.2 France Electric Vehicle Battery Recycling Market
9.2.5.2.1 France Electric Vehicle Battery Recycling Market by Battery Type
9.2.5.2.2 France Electric Vehicle Battery Recycling Market by Application
9.2.5.3 Italy Electric Vehicle Battery Recycling Market
9.2.5.3.1 Italy Electric Vehicle Battery Recycling Market by Battery Type
9.2.5.3.2 Italy Electric Vehicle Battery Recycling Market by Application
9.2.5.4 United Kingdom Electric Vehicle Battery Recycling Market
9.2.5.4.1 United Kingdom Electric Vehicle Battery Recycling Market by Battery Type
9.2.5.4.2 United Kingdom Electric Vehicle Battery Recycling Market by Application
9.2.5.5 Russia Electric Vehicle Battery Recycling Market
9.2.5.5.1 Russia Electric Vehicle Battery Recycling Market by Battery Type
9.2.5.5.2 Russia Electric Vehicle Battery Recycling Market by Application
9.2.5.6 Rest of Europe Electric Vehicle Battery Recycling Market
9.2.5.6.1 Rest of Europe Electric Vehicle Battery Recycling Market by Battery Type
9.2.5.6.2 Rest of Europe Electric Vehicle Battery Recycling Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electric Vehicle Battery Recycling Market Overview
9.3.2 Asia-Pacific Electric Vehicle Battery Recycling Market Forecasts and Analysis
9.3.3 Asia-Pacific Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Battery Type
9.3.4 Asia-Pacific Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electric Vehicle Battery Recycling Market
9.3.5.1.1 Australia Electric Vehicle Battery Recycling Market by Battery Type
9.3.5.1.2 Australia Electric Vehicle Battery Recycling Market by Application
9.3.5.2 China Electric Vehicle Battery Recycling Market
9.3.5.2.1 China Electric Vehicle Battery Recycling Market by Battery Type
9.3.5.2.2 China Electric Vehicle Battery Recycling Market by Application
9.3.5.3 India Electric Vehicle Battery Recycling Market
9.3.5.3.1 India Electric Vehicle Battery Recycling Market by Battery Type
9.3.5.3.2 India Electric Vehicle Battery Recycling Market by Application
9.3.5.4 Japan Electric Vehicle Battery Recycling Market
9.3.5.4.1 Japan Electric Vehicle Battery Recycling Market by Battery Type
9.3.5.4.2 Japan Electric Vehicle Battery Recycling Market by Application
9.3.5.5 South Korea Electric Vehicle Battery Recycling Market
9.3.5.5.1 South Korea Electric Vehicle Battery Recycling Market by Battery Type
9.3.5.5.2 South Korea Electric Vehicle Battery Recycling Market by Application
9.3.5.6 Rest of Asia-Pacific Electric Vehicle Battery Recycling Market
9.3.5.6.1 Rest of Asia-Pacific Electric Vehicle Battery Recycling Market by Battery Type
9.3.5.6.2 Rest of Asia-Pacific Electric Vehicle Battery Recycling Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electric Vehicle Battery Recycling Market Overview
9.4.2 Middle East and Africa Electric Vehicle Battery Recycling Market Forecasts and Analysis
9.4.3 Middle East and Africa Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Battery Type
9.4.4 Middle East and Africa Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electric Vehicle Battery Recycling Market
9.4.5.1.1 South Africa Electric Vehicle Battery Recycling Market by Battery Type
9.4.5.1.2 South Africa Electric Vehicle Battery Recycling Market by Application
9.4.5.2 Saudi Arabia Electric Vehicle Battery Recycling Market
9.4.5.2.1 Saudi Arabia Electric Vehicle Battery Recycling Market by Battery Type
9.4.5.2.2 Saudi Arabia Electric Vehicle Battery Recycling Market by Application
9.4.5.3 U.A.E Electric Vehicle Battery Recycling Market
9.4.5.3.1 U.A.E Electric Vehicle Battery Recycling Market by Battery Type
9.4.5.3.2 U.A.E Electric Vehicle Battery Recycling Market by Application
9.4.5.4 Rest of Middle East and Africa Electric Vehicle Battery Recycling Market
9.4.5.4.1 Rest of Middle East and Africa Electric Vehicle Battery Recycling Market by Battery Type
9.4.5.4.2 Rest of Middle East and Africa Electric Vehicle Battery Recycling Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electric Vehicle Battery Recycling Market Overview
9.5.2 South and Central America Electric Vehicle Battery Recycling Market Forecasts and Analysis
9.5.3 South and Central America Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Battery Type
9.5.4 South and Central America Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Application
9.5.5 South and Central America Electric Vehicle Battery Recycling Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electric Vehicle Battery Recycling Market
9.5.5.1.1 Brazil Electric Vehicle Battery Recycling Market by Battery Type
9.5.5.1.2 Brazil Electric Vehicle Battery Recycling Market by Application
9.5.5.2 Argentina Electric Vehicle Battery Recycling Market
9.5.5.2.1 Argentina Electric Vehicle Battery Recycling Market by Battery Type
9.5.5.2.2 Argentina Electric Vehicle Battery Recycling Market by Application
9.5.5.3 Rest of South and Central America Electric Vehicle Battery Recycling Market
9.5.5.3.1 Rest of South and Central America Electric Vehicle Battery Recycling Market by Battery Type
9.5.5.3.2 Rest of South and Central America Electric Vehicle Battery Recycling Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. ELECTRIC VEHICLE BATTERY RECYCLING MARKET, KEY COMPANY PROFILES
11.1. ACCUREC RECYCLING GMBH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AMERICAN MANGANESE INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BATTERY SOLUTIONS, LLC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FORTUM
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GLOBALTECH ENVIRONMENTAL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INTERSEROH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LI-CYCLE CORP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RECUPYL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SITRASA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. UMICORE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. ACCUREC RECYCLING GMBH
2. American Manganese Inc.
3. Battery Solutions, LLC
4. Fortum
5. GlobalTech Environmental
6. Interseroh
7. LI-CYCLE CORP
8. Recupyl
9. SITRASA
10. Umicore

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.