Automobile Battery Recycling Market size was valued at USD 5.2 Billion in 2024 and is forecasted to grow at a CAGR of 12.3% from 2026 to 2033, reaching USD 14.8 Billion by 2033.
The global automotive battery recycling market has experienced notable growth in recent years. In 2021, the market was valued at approximately $11,003.9 million and is projected to reach $19,476.4 million by 2031, reflecting a compound annual growth rate (CAGR) of 6.0%. This growth is driven by factors such as the increasing adoption of electric vehicles (EVs), stringent environmental regulations, and the rising demand for sustainable energy solutions. Regionally, Asia Pacific dominates the automotive battery recycling market, accounting for over 57% of the global market share in 2024. This dominance is attributed to the regions robust automotive industry, growing EV adoption, and stringent government policies promoting battery recycling. North America and Europe also hold significant market shares, driven by environmental awareness and regulatory frameworks supporting recycling initiatives. The increasing number of end of life batteries and advancements in recycling technologies present substantial opportunities for market expansion across these regions.
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Guangdong Guanghua Technology
GEM Co.
Ltd
uRecycle
Li-Cycle
AkkuSer
NAWA Technologies
Duesenfeld
Accurec Recycling GmbH
Aqua Metals Inc Battery Recycling Made Easy
Battery Solutions LLC
Call2Recycle Inc Eco-Bat Technologies Ltd
Exide Technologies
Neometals Ltd
Raw Materials Company
Recupyl
Recylex Sa
The Doe Run Company
Umicore
GS Yuasa International Ltd
Retriev Technologies
Jiangsu Miracle
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automobile Battery Recycling Market
Lead-Acid Batteries
Lithium-Ion Batteries
Nickel-Metal Hydride (NiMH) Batteries
Others
Physical Recycling
Chemical Recycling
Pyrometallurgical Recycling
Hydrometallurgical Recycling
Automotive Manufacturers
Public Transportation
Industrial Equipment
Energy Storage Systems
Consumer Electronics
OEM (Original Equipment Manufacturer) Sources
Aftermarket Sources
Dump Sites and Landfills
New Batteries
Mid-Life Batteries
End-of-Life Batteries
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automobile Battery Recycling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automobile Battery Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automobile Battery Recycling Market, By Type
6. Global Automobile Battery Recycling Market, By Application
7. Global Automobile Battery Recycling Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automobile Battery Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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