The battery recycling market is projected to grow from $12.8 billion in 2025 to $19.8 billion by 2030, with a 9.2% CAGR. The report covers segments like chemistry, source, process, and application, reflecting the market dynamics and emerging opportunities in battery recycling. Factors driving market growth include a scarcity of rare earth elements, the rise in electronics and EVs, cheaper lithium-ion batteries, and emission rules promoting EVs. Asia-Pacific, Europe, and North America account for over 85% of the market, with China and the U.S. being the top recycling countries. Recycled cobalt and nickel are 30-40% less expensive than virgin metals. Market leaders include ACCUREC-RECYCLING GMBH, ACE GREEN RECYCLING INC., and AMERICAN BATTERY TECHNOLOGY CO. The report also addresses the projected size and growth rate of the market, market drivers, restraining factors, market segments, and market leaders.
Read more at GlobeNewswire: Battery Recycling Market to Reach $19.8 Billion Globally by
