The global electric vehicle (EV) battery recycling market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2028, exhibiting a growth rate (CAGR) of 27.6% during 2023-2028. More Info:- https://www.imarcgroup.com/electric-vehicle-battery-recycling-market

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Global Electric Vehicle Battery
Recycling Market Research and
Forecast Report 2023-2028
Author: Elena Anderson
Marketing Manager
IMARC Group
© 2022 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
Global Electric Vehicle Battery Recycling Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled "Electric Vehicle Battery Recycling Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global
electric vehicle (EV) battery recycling market size reached US$ 2.3 Billion in 2022.
Recycling EV (electric vehicle) batteries is a way to improve metallurgical processes by increasing the
efficiency and extraction of copper, nickel, and cobalt, resulting in a higher yield for batteries. A
process involving pyrometallurgy (or smelting) and hydrometallurgy is used to recover nickel (Ni),
cobalt (Co), aluminum (Al), iron (Fe), and lithium (Li) from a battery cathode.
It also prevents hazardous materials from entering the waste stream after the battery's end of life
(EOL). As a result, recycling EV batteries helps reduce the dependence on intensive mining for
battery development and recover most of the lithium contained within them.
Request for a PDF sample of this report: https://www.imarcgroup.com/electric-vehicle-battery-
recycling-market/requestsample

4. Report Description
Report Description and Highlights
Global Electric Vehicle Battery Recycling Market Trends:
The global market is primarily driven by considerable growth in the automotive industry. This can be
attributed to the increasing adoption of zero-emission electric vehicles among the masses. In addition
to this, the growing number of EV batteries requiring proper management at EoL is also resulting in a
higher uptake of recycling services. Moreover, continual advancements in recycling technologies,
including cathode-to-cathode recycling, chemical powders and direct recycling, are providing an
impetus to the market.
Apart from this, favorable government initiatives supporting the sales of EVs, including offering various
incentives and tax deductions, are creating a positive market outlook. Some of the other factors
contributing to the growth of the market include the continuous depletion of fossil fuels, rapid
industrialization, the growing awareness regarding environmental pollution and extensive research and
development (R&D) activities conducted by key players.
Looking forward, IMARC Group expects the market is anticipated to reach a value of US$ 9.8 Billion by
2028, exhibiting at a CAGR of 27.6% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/electric-vehicle-battery-
recycling-market

5. Report Description
Report Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Type:
•Lithium-ion
•Lead-acid
•Others
Breakup by Process:
•Hydrometallurgical
•Pyro-metallurgical
•Others
Breakup by Vehicle Type:
•Passenger Cars
•Commercial Vehicles
Breakup by Application:
•Electric Cars

6. Report Description
Report Description and Highlights
•Electric Buses
•Energy Storage Systems
•Others
Breakup by Region:
•North America
•Asia Pacific
•Europe
•Latin America
•Middle East and Africa

7. Report Description
Report Description and Highlights
Competitive Landscape with Key Players:
•ACCUREC-Recycling GmbH
•American Manganese Inc
•Battery Solutions
•G & P Batteries Limited
•Li-Cycle Corp
•Retriev Technologies
•SITRASA
•SNAM Groupe (Floridienne)
•TES-Amm
•Umicore N.V

8. Report Description
Key Questions Answered in the Report
1. What was the size of the global electric vehicle battery recycling market in 2022?
2. What is the expected growth rate of the global electric vehicle battery recycling market during
2023-2028?
3. What are the key factors driving the global electric vehicle battery recycling market?
4. What has been the impact of COVID-19 on the global electric vehicle battery recycling market?
5. What is the breakup of the global electric vehicle battery recycling market based on the type?
6. What is the breakup of the global electric vehicle battery recycling market based on the
process?
7. What are the key regions in the global electric vehicle battery recycling market?
8. Who are the key players/companies in the global electric vehicle battery recycling market?

9. Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electric Vehicle Battery Recycling Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

10. Report Description Table of Contents
6 Market Breakup by Type
6.1 Lithium-ion
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Lead-acid
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Process
7.1 Hydrometallurgical
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pyro-metallurgical
7.2.1 Market Trends
7.2.2 Market Forecast
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/electric-vehicle-battery-recycling-market/toc

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Partial List of Clients

12. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

13. Report Description
Report Description and Highlights
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