Automotive Battery Recycling Market to Reach USD 43.42 Billion by 2030

The automotive battery recycling market is projected to increase from USD 26.21 billion in 2025 to USD 43.42 billion by 2030, registering a CAGR of 10.6% over the forecast period. Growth is being driven primarily by the rising adoption of electric vehicles (EVs) worldwide.

Market expansion in Europe and North America is influenced by regulatory frameworks such as the EU Battery Regulation and the US Inflation Reduction Act. The sector has also begun investing in advanced hydrometallurgical facilities capable of efficiently processing black mass derived from production scrap.

Key companies operating in the market include Call2Recycle, Inc., Cirba Solutions, Element Resources, Umicore, Contemporary Amperex Technology Co., Limited, and Exide Industries Ltd., among others.

Key market dynamics identified in the study include accelerating global electric vehicle production and sales as a primary driver. Safety and environmental risks linked to the transportation, handling, and storage of end-of-life automotive batteries are cited as major restraints. Opportunities are emerging from increasing demand for recycled battery-grade materials, while high recycling costs remain a key challenge.

The objectives of the report include analyzing and forecasting the market size of automotive battery recycling in value terms, and providing detailed insights into the drivers, restraints, challenges, and opportunities influencing regional markets. The study also examines the market by source, chemistry, and region, and evaluates opportunities for stakeholders along with competitive landscape developments.

In addition, the report assesses micromarkets based on individual growth patterns, growth potential, and their contribution to the overall market. It forecasts the size of market segments across five major regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa, including their key countries.

The analysis also tracks competitive developments such as new technology launches, joint ventures, partnerships, contracts, collaborations, acquisitions, agreements, investments, and expansions. Furthermore, the report profiles key players and evaluates their market shares and core competencies.