Global EV Battery Recycling Services Market Size, Competition Landscape and Supply Chain Research Report 2025

RResearch Summary

EV battery recycling services involve the collection, disassembly, and processing of used electric vehicle (EV) batteries to recover valuable materials such as lithium, cobalt, and nickel. These services aim to minimize environmental impact by diverting batteries from landfills and reducing the need for raw materials in battery production. Typically, the process includes sorting batteries by chemistry, dismantling them to extract individual cells, and then employing various techniques like shredding, pyrometallurgy, or hydrometallurgy to extract and purify valuable metals. Advanced recycling technologies are continually being developed to improve efficiency and sustainability in the recycling process, contributing to the circular economy of electric vehicle batteries.

According to WENKH research statistics, the global EV Battery Recycling Services market size will reach 1,821 Million USD in 2025 and is projected to reach 33,205 Million USD by 2032, with a CAGR of 51.40% (2025-2032). Among them, the Asia-Pacific EV Battery Recycling Services market is undergoing rapid changes, reaching Million USD in 2025, accounting for approximately % of the global market share. It is projected to reach Million USD by 2032.

The global EV Battery Recycling Services market is highly competitive, with key market players including Battery Recyclers of America, Battery Solutions, ACCUREC Recycling GmbH, American Manganese, LI-CYCLE CORP, G & P Service, Recupyl, Retriev Technologies, SITRASA, SNAM S.A.S, Umicore, etc. This report categorizes the competitive landscape of the global EV Battery Recycling Services market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global EV Battery Recycling Services market, including market size, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, sales revenue, and gross profit margin of major players in the global EV Battery Recycling Services industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different product segments of EV Battery Recycling Services and their downstream application fields.

In terms of data, this report includes a comprehensive time-series dataset. The historical data spans from 2020 to 2024, providing a solid foundation for analyzing past market trends. The year 2025 is used as a base year to accurately assess the current market landscape. Forecast data covers the period from 2026 to 2032, utilizing scientific analysis methods and models to offer forward-looking predictions and insights into the market's future development. This provides valuable reference information for industry participants and stakeholders.

The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the sales revenue of EV Battery Recycling Services in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the EV Battery Recycling Services market. By considering local policies, this report evaluates the market prospects of EV Battery Recycling Services in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places a strong emphasis on data quality and reliability, utilizing diverse and extensive data sources to ensure the accuracy and validity of the information presented. Primary data collection involves multiple channels, including in-depth interviews with senior executives, industry experts, supply chain stakeholders, and end consumers. These interviews provide key insights into corporate strategic planning, industry policy interpretation, supply chain dynamics, and end-user experiences. Secondary data sources cover a wide range of authoritative statistics from government agencies, customs databases, industry associations, third-party paid databases, brokerage research reports, academic research findings, corporate annual reports, financial statements, real-time news updates, and relevant information from international organizations. These data sources serve as a solid foundation for verification and analysis.

Companies Covered

Battery Recyclers of America

Battery Solutions

ACCUREC Recycling GmbH

American Manganese

LI-CYCLE CORP

G & P Service

Recupyl

Retriev Technologies

SITRASA

SNAM S.A.S

Umicore

Product Segment

Lithium Manganate Battery

Lithium Iron Phosphate Battery

Ternary Lithium Battery

Product Application

Business Vehicle

Passenger Vehicle

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global EV Battery Recycling Services Industry Chain Analysis

Chapter 3: Global EV Battery Recycling Services Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Analysis of the Competitive Landscape of Major Companies in the Global EV Battery Recycling Services Market (Market Share, Product Revenue Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 5: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Average Price, Gross Profit Margin and Geographical Sales Share)

Chapter 6: Global EV Battery Recycling Services Product Segment and Downstream Application Size Analysis and Major Regional Market Size Analysis

Chapter 7: North America EV Battery Recycling Services Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 8: Europe EV Battery Recycling Services Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 9: China EV Battery Recycling Services Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 10: Asia Pacific (excluding China) EV Battery Recycling Services Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 11: Latin America EV Battery Recycling Services Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 12: Middle East and Africa EV Battery Recycling Services Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 13: Research Conclusion

Chapter 14: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.