Industrial Battery Recycling Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Chemistry, By Battery Type, By Region & Competition, 2021-2031F

Description

The Global Industrial Battery Recycling Market will grow from USD 13.15 Billion in 2025 to USD 20.61 Billion by 2031 at a 7.78% CAGR. The Global Industrial Battery Recycling Market involves the systematic collection and processing of spent energy storage systems used in applications such as motive power, telecommunications, and grid stabilization to recover valuable materials like lead, lithium, and nickel.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 13.15 Billion
Market Size 2031	USD 20.61 Billion
CAGR 2026-2031	7.78%
Fastest Growing Segment	Lead
Largest Market	Asia Pacific

Key Market Drivers

Stringent Government Regulations and Environmental Compliance Mandates are fundamentally reshaping the Global Industrial Battery Recycling Market by establishing rigorous frameworks for waste management and material recovery. Legislative bodies are moving beyond voluntary guidelines to enforce binding statutes that obligate manufacturers to assume full financial and operational responsibility for end-of-life batteries.

Key Market Challenges

The logistical complexity and substantial costs associated with the safe collection and transportation of hazardous batteries serve as a primary impediment to market growth. Spent industrial batteries, particularly high-voltage lithium-ion systems, are classified as dangerous goods, requiring specialized thermal-resistant packaging and certified transport fleets. This regulatory compliance drives up operational expenditures, significantly thinning the profit margins required to sustain and expand recycling capacities.

Key Market Trends

The Transition Toward Hydrometallurgical Material Extraction Processes is rapidly becoming the dominant technological standard, enabling recyclers to recover battery-grade materials with higher purity than traditional mechanical or pyrometallurgical methods. This shift is driven by the necessity to maximize the yield of valuable components like cobalt and nickel sulfates, which are essential for manufacturing new high-performance cathodes.

Key Market Players

Umicore
Li-Cycle
Redwood Materials
Exide Technologies
Ganfeng Lithium
Glencore
ECOBAT Logistics
Fortum
Johnson Controls
American Battery Technology Company

Report Scope:

In this report, the Global Industrial Battery Recycling Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Industrial Battery Recycling Market, By Chemistry:

Lead
Nickel
Cobalt
Lithium
and other Metals

Industrial Battery Recycling Market, By Battery Type:

Lead-Acid Batteries
Nickel-Cadmium Batteries
Nickel Metal Hydride Batteries
and Lithium-Ion Batteries

Industrial Battery Recycling Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Industrial Battery Recycling Market.

Available Customizations:

Global Industrial Battery Recycling Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Industrial Battery Recycling Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Chemistry (Lead, Nickel, Cobalt, Lithium, and other Metals)
- 5.2.2. By Battery Type (Lead-Acid Batteries, Nickel-Cadmium Batteries, Nickel Metal Hydride Batteries, and Lithium-Ion Batteries)
- 5.2.3. By Region
- 5.2.4. By Company (2025)
5.3. Market Map

6. North America Industrial Battery Recycling Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Chemistry
- 6.2.2. By Battery Type
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Industrial Battery Recycling Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Chemistry
    - 6.3.1.2.2. By Battery Type
- 6.3.2. Canada Industrial Battery Recycling Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Chemistry
    - 6.3.2.2.2. By Battery Type
- 6.3.3. Mexico Industrial Battery Recycling Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Chemistry
    - 6.3.3.2.2. By Battery Type

7. Europe Industrial Battery Recycling Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Chemistry
- 7.2.2. By Battery Type
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Industrial Battery Recycling Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Chemistry
    - 7.3.1.2.2. By Battery Type
- 7.3.2. France Industrial Battery Recycling Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Chemistry
    - 7.3.2.2.2. By Battery Type
- 7.3.3. United Kingdom Industrial Battery Recycling Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Chemistry
    - 7.3.3.2.2. By Battery Type
- 7.3.4. Italy Industrial Battery Recycling Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Chemistry
    - 7.3.4.2.2. By Battery Type
- 7.3.5. Spain Industrial Battery Recycling Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Chemistry
    - 7.3.5.2.2. By Battery Type

8. Asia Pacific Industrial Battery Recycling Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Chemistry
- 8.2.2. By Battery Type
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Industrial Battery Recycling Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Chemistry
    - 8.3.1.2.2. By Battery Type
- 8.3.2. India Industrial Battery Recycling Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Chemistry
    - 8.3.2.2.2. By Battery Type
- 8.3.3. Japan Industrial Battery Recycling Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Chemistry
    - 8.3.3.2.2. By Battery Type
- 8.3.4. South Korea Industrial Battery Recycling Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Chemistry
    - 8.3.4.2.2. By Battery Type
- 8.3.5. Australia Industrial Battery Recycling Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Chemistry
    - 8.3.5.2.2. By Battery Type

9. Middle East & Africa Industrial Battery Recycling Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Chemistry
- 9.2.2. By Battery Type
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Industrial Battery Recycling Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Chemistry
    - 9.3.1.2.2. By Battery Type
- 9.3.2. UAE Industrial Battery Recycling Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Chemistry
    - 9.3.2.2.2. By Battery Type
- 9.3.3. South Africa Industrial Battery Recycling Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Chemistry
    - 9.3.3.2.2. By Battery Type

10. South America Industrial Battery Recycling Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Chemistry
- 10.2.2. By Battery Type
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Industrial Battery Recycling Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Chemistry
    - 10.3.1.2.2. By Battery Type
- 10.3.2. Colombia Industrial Battery Recycling Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Chemistry
    - 10.3.2.2.2. By Battery Type
- 10.3.3. Argentina Industrial Battery Recycling Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Chemistry
    - 10.3.3.2.2. By Battery Type

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Industrial Battery Recycling Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Umicore
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Li-Cycle
15.3. Redwood Materials
15.4. Exide Technologies
15.5. Ganfeng Lithium
15.6. Glencore
15.7. ECOBAT Logistics
15.8. Fortum
15.9. Johnson Controls
15.10. American Battery Technology Company