EV Battery Recycling Market Size worth USD 23.72 billion by 2035, at a CAGR of 40.9%
The global EV battery recycling market, by value, is estimated to be USD 0.54 Billion in 2024 and is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% from 2024 to 2035.
The EV battery recycling market is driven by the dual objectives of reducing environmental impact and addressing resource scarcity, particularly for lithium, cobalt, and nickel. Recycled materials are often...
Electric Vehicles Battery Recycling Market Share, Size, Trends, Leaders & Global Forecast
The global EV Battery Recycling market industry size is projected to grow from USD 9.0 billion in 2023 to USD 56.3 billion by 2031, at a CAGR of 25.8% during the forecast period. The primary function of EV battery recycling is to recover valuable raw materials from used electric vehicle (EV) batteries, reduce costs, and lower the environmental impact of disposing of these batteries. Widely used for...