Lithium-Ion Battery Recycling Market Surges to $6.9 Billion

The global lithium-ion battery recycling market was estimated at USD 5.8 billion in 2025 and is projected to reach USD 6.9 billion in 2026.

This rapid growth is primarily driven by the increasing adoption of electric vehicles and expanding energy storage systems worldwide.

New recycling facilities are coming online globally to process the growing volume of end-of-life batteries, particularly in Europe, North America, and Asia.

Advanced hydrometallurgical processes are improving recovery rates of critical materials like lithium, cobalt, and nickel, reducing dependence on mining.