According to MarketsandMarkets, “Automotive Battery Recycling Market by Chemistry (Lead Acid, Nickel, Lithium), and Region (Asia Pacific, Europe, North America, South America, and Middle East & Africa) – Global Forecast to 2030”, the global automotive battery recycling market is projected to grow from $26.21 billion in 2025 to $43.42 billion by 2030, at a CAGR of 10.6 percent during the forecast period.
Automotive Battery Recycling Market Trends & Insights:
- The automotive battery recycling market is expected to grow as global electric vehicle production increases. Moreover, the increasing number of end-of-life EV and hybrid battery production is expected to support the market growth. The large amount of waste generated by gigafactories and the initial wave of retired automotive lithium-ion batteries creates a steady stream of recyclable materials. Governments in North America, Europe and Asia Pacific have imposed strict regulations on the disposal, recovery efficiencies and the percentage of recycled materials for battery production that OEMs and recyclers must follow to create functional systems for closed-loop battery recycling.
- Europe is expected to register the highest CAGR of 12.5 percent during the forecast period.
- By chemistry, the lithium-based battery segment is estimated to account for a 47.3 percent share of the overall market in 2024.
- Umicore, Call2Recycle, Inc. and Cirba Solutions were identified as some of the star players in the global automotive battery recycling market, given their strong market share and product footprint.
- Batrec Industries AG, Duesenfeld GmbH, Euro Dieuze Industrie (E.D.I.), and others have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging market leaders.
The global automotive battery recycling market is expanding rapidly. This is attributed to the rapid increase in the adoption of electric vehicles (EVs) across the globe. The market in Europe and North America is influenced by regulatory policies such as the EU Battery Regulation and the US Inflation Reduction Act. The market has already begun to invest in advanced hydrometallurgical facilities that can efficiently process the black mass from production scrap.
By chemistry, the lithium-based battery segment is expected to account for the largest market share, in terms of value, during the forecast period.
The lithium-based battery segment is estimated to account for the largest share of the overall market. The rapid manufacturing of EVs is creating a huge amount of scrap, even as the first significant shift of the end-of-life lithium-ion automotive batteries is entering the recycling streams. Governments in North America, Europe, China, and other Asian markets have implemented strict recycling laws along with material recovery targets, which have resulted in automobile manufacturers and recyclers establishing large-scale, closed-loop recycling systems.
Asia Pacific is projected to account for the largest market share during the forecast period in terms of value.
The automotive battery recycling market in Asia Pacific is growing due to the rapid electrification taking place in China, Japan, South Kore, and some Southeast Asian countries. The region is home to one of the largest EV manufacturing hubs and has a number of gigafactories, which create a significant amount of production waste that will turn into a steady flow of used lithium-ion batteries.
Published February 2026
