PUBLISHER: Visiongain | PRODUCT CODE: 1850916
PUBLISHER: Visiongain | PRODUCT CODE: 1850916
The global Battery Recycling & Second-Life Battery market is projected to grow at a CAGR of 20.1% by 2035.
The Battery Recycling & Second-Life Battery Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Regulatory Pull from the EU Battery Regulation and Digital Passports
Europe has turned recycling from a 'good to have' into a legal obligation with explicit efficiency and material-recovery targets, producer responsibility, and phase-ins for removability. The EU Batteries Regulation (Regulation 2023/1542) sets recycling-efficiency thresholds for lithium-based batteries and makes collection, treatment, and recovery performance auditable across member states, with additional targets ratcheting up toward 2030 and beyond. This creates predictable compliance demand for recyclers and pushes OEMs to lock in long-term take-back and processing capacity rather than buying spot, which in turn underwrites expansion decisions at hydrometallurgical and pyrometallurgical plants in the region.
The regulation also introduces the digital battery passport, with QR-code access to carbon footprint and recycled-content data and broad interoperability efforts via Catena-X and allied initiatives. Pilots are already live-Volvo's EX90 battery passport went public in 2024-and industry guidance confirms the 2027 window when passports become mandatory for EV and industrial batteries in the EU. The effect is to formalize data flows that make end-of-life routing, eligibility for recycled-content thresholds, and second-life provenance traceable and financeable, collapsing transaction friction for both recyclers and second-life integrators.
Economic Sensitivity To Commodity Cycles And Project Execution Risk
Recycling cash flows remain exposed to swings in lithium and nickel prices and to the spread between virgin and recycled materials. When virgin prices fall, black-mass realizations and recovered-metal premia compress, testing merchant recyclers without captive offtake. Several North American developers have also faced execution headwinds: Li-Cycle paused its Rochester Hub build in late-2023 due to escalating costs and spent 2024-2025 restructuring and seeking full financing, underlining that hydromet hubs are complex, capital-intensive, and schedule-sensitive.
Even diversified materials groups have re-sequenced investments when returns lag. Umicore publicly postponed large recycling and materials projects in 2024 as part of a portfolio review, planning to serve certain customers from existing Asian capacity while market demand and policy timelines crystallize. These shifts do not derail the circular thesis, but they remind investors that timing and integration matter-and that brownfield expansions tied to secured feedstock and nearby precursor capacity tend to out-execute greenfield megaprojects.
What would be the Impact of US Trade Tariffs on the Global Battery Recycling & Second-Life Battery Market?
The introduction of U.S. tariffs under recent trade policies has significantly reshaped the global dynamics of the battery recycling and second-life battery market. These tariffs, targeting imports of electric vehicles (EVs), lithium-ion batteries, and critical raw materials such as lithium, nickel, and cobalt-primarily from China-have created both challenges and opportunities across the global value chain. On one hand, the tariffs increase production costs for U.S.-based manufacturers reliant on imported components, potentially slowing domestic recycling infrastructure expansion. On the other hand, they have spurred investments in localized recycling and material recovery plants as the United States seeks to reduce dependency on foreign supply chains. Countries like South Korea, Japan, and members of the European Union are also adjusting their export and manufacturing strategies in response, diversifying trade partnerships and accelerating domestic processing capabilities. Overall, the tariffs act as a catalyst for regionalization and technological innovation in recycling processes but introduce short-term disruptions in material flow and profitability across global markets.
What Questions Should You Ask before Buying a Market Research Report?
You need to discover how this will impact the battery recycling & second-life battery market today, and over the next 10 years:
Segments Covered in the Report
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 25 leading national markets:
The report also includes profiles and for some of the leading companies in the Battery Recycling & Second-Life Battery Market, 2025 to 2035, with a focus on this segment of these companies' operations.
Overall world revenue for Battery Recycling & Second-Life Battery Market, 2025 to 2035 in terms of value the market will surpass US$3,598.4 million in 2025, our work calculates. We predict strong revenue growth through to 2035. Our work identifies which organisations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.