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Lithium-ion Battery Recycling Market Set for Strong Growth Through 2033 as EV Adoption and Circular Economy Investments Accelerate

globenewswire.com
LI Li-Cycle Corp. is identified as a key player in the lithium-ion battery recycling market, which is projected for strong growth. The company is positioned to benefit from increasing EV adoption, circular economy investments, and technological innovation in recycling. ABTC American Battery Technology Company (ABTC) is highlighted as a key participant in the rapidly expanding lithium-ion battery recycling market. The company is well-positioned to capitalize on the growth driven by EV adoption and circular economy initiatives.

Lithium-ion Battery Recycling Market Set for Strong Growth Through 2033 as EV Adoption and Circular Economy Investments Accelerate Dublin, Sept. 21, 2026 (GLOBE NEWSWIRE) -- "Lithium-ion Battery Recycling Market Size, Share & Trends Analysis by Application, Region, and Segment Forecasts, 2026-2033" has been added to ResearchAndMarkets.com's offering.

The global lithium-ion battery recycling market was valued at an estimated USD 287.3 million in 2025 and is projected to reach USD 2.74 billion by 2033. The market is expected to expand at a compound annual growth rate (CAGR) of 30.9% from 2026 to 2033, supported by increasing electric vehicle adoption, rising volumes of end-of-life batteries, and growing demand for sustainable battery material supply chains.

Rapid growth across the electric vehicle, energy storage system, consumer electronics, and industrial sectors is accelerating the generation of spent lithium-ion batteries worldwide. This trend is creating significant demand for recycling capacity and the recovery of critical materials, including lithium, cobalt, nickel, manganese, copper, and aluminum. Recovered materials can support new battery production while reducing dependence on virgin raw materials and strengthening long-term resource security.

Government regulations, environmental targets, and circular economy initiatives are also advancing the global lithium-ion battery recycling market. Policymakers and manufacturers are increasing their focus on responsible battery disposal, regulatory compliance, and supply chain sustainability. Extended producer responsibility programs and battery collection mandates are expected to encourage investment in recycling infrastructure across major regional markets.

Technological innovation remains an important market growth factor. Advances in hydrometallurgical processing and direct recycling are improving material recovery rates, operating efficiency, and the quality of recovered battery components. At the same time, public- and private-sector investments are expanding battery collection networks, processing facilities, and commercial recycling capacity.

The transportation segment is expected to represent a major growth opportunity as global electric vehicle fleets continue to expand. Consumer electronics will remain an important source of recyclable batteries, while industrial applications and stationary energy storage systems are anticipated to generate increasing volumes of end-of-life battery materials during the forecast period.

Global Lithium-Ion Battery Recycling Market Report Segmentation

The report provides revenue forecasts and industry trend analysis at the global, regional, and country levels from 2021 to 2033. The lithium-ion battery recycling market is segmented by application and region to support strategic planning, investment assessment, and competitive benchmarking.

Application Outlook (Revenue, USD Million, 2021-2033)

Regional Outlook (Revenue, USD Million, 2021-2033)

Asia Pacific, Europe, and North America are expected to remain influential markets due to expanding electric vehicle production, established battery manufacturing ecosystems, and supportive recycling regulations. Latin America and the Middle East and Africa may also present emerging opportunities as battery use, clean energy investment, and waste management capabilities increase.

Key Benefits of the Report

The report delivers market intelligence for manufacturers, recycling companies, battery producers, automotive businesses, technology providers, investors, and policymakers. It also examines growth opportunities, competitive strategies, market share dynamics, regional performance, and product innovation across the global lithium-ion battery recycling industry.

As battery demand continues to rise, recycling will play an increasingly important role in improving material availability, supporting regulatory compliance, reducing supply chain risk, and advancing circular battery production. Companies that invest early in scalable recycling technologies, collection infrastructure, and strategic partnerships may be well positioned to benefit from the market's projected growth through 2033.

Key Attributes:

Key Topics Covered:

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope

1.2. Market Definition

1.3. Information Procurement

1.3.1. Information Analysis

1.3.2. Market Formulation & Data Visualization

1.3.3. Data Validation & Publishing

1.4. Research Scope and Assumptions

1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Snapshot

2.2. Segmental Outlook

2.3. Competitive Outlook

Chapter 3. Market Variables, Trends, and Scope

3.1. Market Lineage Outlook

3.2. Penetration & Growth Prospect Mapping

3.3. Value Chain Analysis

3.4. Regulatory Framework

3.4.1. Standards & Compliance

3.4.2. Regulatory Impact Analysis

3.5. Market Dynamics

3.5.1. Market Driver Analysis

3.5.2. Market Restraint Analysis

3.5.3. Market Opportunities

3.5.4. Market Challenges

3.6. Porter's Five Forces Analysis

3.6.1. Bargaining Power of Suppliers

3.6.2. Bargaining Power of Buyers

3.6.3. Threat of Substitution

3.6.4. Threat of New Entrants

3.6.5. Competitive Rivalry

3.7. PESTLE Analysis

3.7.1. Political

3.7.2. Economic

3.7.3. Social Landscape

3.7.4. Technology

3.7.5. Environmental

3.7.6. Legal

Chapter 4. Lithium-ion Battery Recycling Market: Application Estimates & Trend Analysis

4.1. Lithium-ion Battery Recycling Market: Application Movement Analysis, 2025 & 2033

4.2. Transportation

4.2.1. Market estimates and forecasts, 2021-2033 (USD Million)

4.3. Consumer Electronics

4.3.1. Market estimates and forecasts, 2021-2033 (USD Million)

4.4. Industrial

4.4.1. Market estimates and forecasts, 2021-2033 (USD Million)

Chapter 5. Lithium-ion Battery Recycling Market: Regional Estimates & Trend Analysis

5.1. Regional Analysis, 2025 & 2033

5.2. North America

5.2.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.2.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.2.3. U.S.

5.2.3.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.2.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.2.4. Canada

5.2.4.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.2.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.2.5. Mexico

5.2.5.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.2.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3. Europe

5.3.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3.3. Germany

5.3.3.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3.4. UK

5.3.4.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3.5. France

5.3.5.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3.6. Italy

5.3.6.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.6.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3.7. Spain

5.3.7.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.7.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3.8. Netherlands

5.3.8.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.8.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.3.9. Poland

5.3.9.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.3.9.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.4. Asia Pacific

5.4.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.4.3. China

5.4.3.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.4.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.4.4. India

5.4.4.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.4.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.4.5. Japan

5.4.5.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.4.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.4.6. South Korea

5.4.6.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.4.6.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.4.7. Australia

5.4.7.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.4.7.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.5. Latin America

5.5.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.5.3. Brazil

5.5.3.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.5.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.5.4. Argentina

5.5.4.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.5.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.6. Middle East & Africa

5.6.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.6.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.6.3. Saudi Arabia

5.6.3.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.6.3.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.6.4. UAE

5.6.4.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.6.4.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

5.6.5. South Africa

5.6.5.1. Market estimates and forecasts, 2021-2033 (USD Million)

5.6.5.2. Market estimates and forecasts, by application, 2021-2033 (USD Million)

Chapter 6. Competitive Landscape

6.1. Recent Developments By Key Market Participants

6.2. Company Categorization

6.3. List of Key Component Suppliers & Channel Partners

6.4. Company Market Share & Positioning Analysis, 2025

6.5. Heat Map Analysis

6.6. Vendor Landscape

6.6.1. List of Raw Material Suppliers

6.6.2. List of Distributors/Traders

6.6.3. List of Other Prominent Manufacturers

6.7. List of Prospective End Users

6.8. Strategy Mapping

6.9. Company Profiles/Listing

6.9.1. Li-Cycle Corp.

6.9.1.1. Company Overview

6.9.1.2. Financial Performance

6.9.1.3. Product Benchmarking

6.9.2. Redwood Materials, Inc.

6.9.2.1. Company Overview

6.9.2.2. Financial Performance

6.9.2.3. Product Benchmarking

6.9.3. Umicore

6.9.3.1. Company Overview

6.9.3.2. Financial Performance

6.9.3.3. Product Benchmarking

6.9.4. Glencore

6.9.4.1. Company Overview

6.9.4.2. Financial Performance

6.9.4.3. Product Benchmarking

6.9.5. Ecobat

6.9.5.1. Company Overview

6.9.5.2. Financial Performance

6.9.5.3. Product Benchmarking

6.9.6. Cirba Solutions

6.9.6.1. Company Overview

6.9.6.2. Financial Performance

6.9.6.3. Product Benchmarking

6.9.7. American Battery Technology Company (ABTC)

6.9.7.1. Company Overview

6.9.7.2. Financial Performance

6.9.7.3. Product Benchmarking

6.9.8. Fortum

6.9.8.1. Company Overview

6.9.8.2. Financial Performance

6.9.8.3. Product Benchmarking

6.9.9. Retriev Technologies

6.9.9.1. Company Overview

6.9.9.2. Financial Performance

6.9.9.3. Product Benchmarking

6.9.10. GEM Co., Ltd.

6.9.10.1. Company Overview

6.9.10.2. Financial Performance

6.9.10.3. Product Benchmarking

List of Tables

Table 1 Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 2 Lithium-ion Battery Recycling market estimates & forecasts, in Transportation, 2021-2033 (USD Million)

Table 3 Lithium-ion Battery Recycling market estimates & forecasts, in Consumer Electronics, 2021-2033 (USD Million)

Table 4 Lithium-ion Battery Recycling market estimates & forecasts, in Industrial, 2021-2033 (USD Million)

Table 5 North America Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 6 North America Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 7 U.S. Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 8 U.S. Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 9 Canada Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 10 Canada Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 11 Mexico Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 12 Mexico Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 13 Europe Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 14 Europe Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 15 Germany Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 16 Germany Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 17 UK Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 18 UK Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 19 Italy Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 20 Italy Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 21 Spain Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 22 Spain Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 23 Poland Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 24 Poland Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 25 Netherlands Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 26 Netherlands Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 27 France Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 28 France Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 29 Asia Pacific Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 30 Asia Pacific Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 31 China Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 32 China Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 33 Japan Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 34 Japan Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 35 India Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 36 India Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 37 Australia Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 38 Australia Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 39 South Korea Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 40 South Korea Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 41 Latin America Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 42 Latin America Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 43 Brazil Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 44 Brazil Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 45 Argentina Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 46 Argentina Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 47 Middle East & Africa Lithium-ion Battery Recycling market estimates & forecast, 2021-2033 (USD Million)

Table 48 Middle East & Africa Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 49 Saudi Arabia Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 50 Saudi Arabia Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 51 UAE Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 52 UAE Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

Table 53 South Africa Lithium-ion Battery Recycling market estimates & forecasts, 2021-2033 (USD Million)

Table 54 South Africa Lithium-ion Battery Recycling market estimates & forecasts by application, 2021-2033 (USD Million)

List of Figures

Figure 1 Market segmentation

Figure 2 Information procurement

Figure 3 Data analysis models

Figure 4 Market formulation and validation

Figure 5 Data validating & publishing

Figure 6 Market snapshot

Figure 7 Segmental outlook - Application

Figure 8 Competitive Outlook

Figure 9 Lithium-ion Battery Recycling market outlook, 2021-2033 (USD Million)

Figure 10 Value chain analysis

Figure 11 Market dynamics

Figure 12 Porter's Analysis

Figure 13 PESTEL Analysis

Figure 14 Lithium-ion Battery Recycling market, by application: Key takeaways

Figure 15 Lithium-ion Battery Recycling market, by application: Market share, 2025 & 2033

Figure 16 Lithium-ion Battery Recycling market: Regional analysis, 2025 & 2033

Figure 17 Lithium-ion Battery Recycling market, by region: Key takeaways

Companies Featured

The leading players profiled in this Lithium-ion Battery Recycling market report include:

For more information about this report visit https://www.researchandmarkets.com/r/byhfth

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