PUBLISHER: Grand View Research | PRODUCT CODE: 1941840
PUBLISHER: Grand View Research | PRODUCT CODE: 1941840
The global battery recycling market size was estimated at USD 3.41 billion in 2025 and is projected to reach USD 43.47 billion by 2033, growing at a CAGR of 37.7% from 2026 to 2033. Industry growth is primarily driven by the rapid expansion of electric vehicles, renewable energy storage systems, and consumer electronics, which are significantly increasing the volume of end-of-life batteries.
Stringent environmental regulations on battery disposal, extended producer responsibility (EPR) frameworks, and government mandates promoting sustainable waste management are compelling manufacturers and recyclers to invest in advanced recycling infrastructure. Additionally, rising concerns over supply chain security for critical raw materials such as lithium, cobalt, nickel, and lead are accelerating recycling adoption as a strategic alternative to primary mining.
Technological advancements in hydrometallurgical and direct recycling processes are improving recovery rates, cost efficiency, and material purity, making recycled battery materials increasingly competitive with virgin sources. Governments across North America, Europe, and the Asia-Pacific are supporting the market through subsidies, recycling targets, and policies aligned with circular economy and decarbonization goals. Growing collaborations between battery manufacturers, automotive OEMs, and recycling companies are further strengthening closed-loop supply chains, positioning battery recycling as a critical pillar of the global clean energy and electric mobility ecosystem.
Global Battery Recycling Market Report Segmentation
This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global battery recycling market report on the basis of source, battery type, recycling method, and region.