PUBLISHER: Grand View Research | PRODUCT CODE: 1941860
PUBLISHER: Grand View Research | PRODUCT CODE: 1941860
Lithium-ion Battery Recycling Summary
The global lithium-ion battery recycling market size was estimated at USD 287.3 million in 2025 and is projected to reach USD 2,741.5 million by 2033, expanding at a CAGR of 30.9% from 2026 to 2033. Lithium-ion battery recycling involves the collection, dismantling, and processing of end-of-life batteries to recover valuable materials such as lithium, cobalt, nickel, manganese, copper, and aluminum, which are reused in new battery production.
Rising EV adoption, increasing battery waste volumes, and the need to reduce reliance on virgin raw materials are strongly supporting market growth.
The global lithium-ion battery recycling market continues to gain traction, driven by the rapid expansion of electric vehicles (EVs), energy storage systems (ESS), and consumer electronics, which is accelerating the generation of spent batteries worldwide. Manufacturers and governments are increasingly focusing on circular economy practices, supply chain sustainability, and regulatory compliance to strengthen recycling infrastructure. In addition, advancements in recycling technologies such as hydrometallurgical and direct recycling methods, along with growing investments in battery collection networks and recycling capacity, are further enhancing the market outlook globally.
Global Lithium-ion Battery Recycling Market Report Segmentation
This report forecasts 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 lithium-ion battery recycling market report on the basis of application, and region: