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Lithium-Ion Battery Recycling Market Outlook 2026-2035 - Featuring Profiles of 3 of the Leading Companies: Li-Cycle, Redwood Materials, and Umicore

globenewswire.com
UMC Umicore is recognized as a leading player in the lithium-ion battery recycling market. The company's investments in advanced recycling technologies and strategic partnerships position it favorably to capitalize on the expanding market driven by EV growth and regulatory support. ABTC American Battery Technology Company is listed in the company profiles section, indicating its presence in the lithium-ion battery recycling space. However, the article does not provide specific details or sentiment regarding this company's performance or market position.

Lithium-Ion Battery Recycling Market Outlook 2026-2035 - Featuring Profiles of 3 of the Leading Companies: Li-Cycle, Redwood Materials, and Umicore Dublin, Sept. 17, 2026 (GLOBE NEWSWIRE) -- "Lithium-Ion Battery Recycling Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026-2035" has been added to ResearchAndMarkets.com's offering.

Global Lithium-Ion Battery Recycling Market to Reach USD 37.5 Billion by 2035 as Clean Energy Demand Accelerates

The global lithium-ion battery recycling market was valued at USD 5.8 billion in 2025 and is projected to reach USD 37.5 billion by 2035, expanding at a compound annual growth rate (CAGR) of 20.6%. Rising electric vehicle adoption, expanding energy storage capacity, tighter battery disposal regulations, and growing demand for critical materials are expected to support strong market growth throughout the forecast period.

Lithium-ion battery recycling has become an increasingly important component of the global clean energy supply chain. Hydrometallurgical recycling processes are gaining preference because they enable precise recovery of high-value materials, including lithium, cobalt, nickel, and manganese. Updated regulatory frameworks that encourage higher metal recovery rates are further accelerating investment in water-based refining technologies and advanced recycling facilities.

The production and trade of black mass are also generating new opportunities across the lithium-ion battery recycling industry. Smaller recycling companies are increasingly processing spent batteries into black mass and supplying the material to large-scale hydrometallurgical refiners. Growing volumes of end-of-life electric vehicle batteries, stationary energy storage systems, consumer electronics, and battery manufacturing scrap are creating a consistent feedstock pipeline for recyclers worldwide.

The non-automotive segment is forecast to register a CAGR of 20.9% through 2035. Demand is being driven by the rapid deployment of energy storage systems for grid stabilization, renewable energy integration, and commercial backup power. Lithium iron phosphate batteries remain widely used in these applications due to their long cycle life, safety profile, and operational reliability. As older energy storage systems reach the end of their service life, recycling requirements are expected to rise, supporting material recovery and the deployment of next-generation battery technologies.

Lithium nickel manganese cobalt oxide batteries accounted for 69.9% of the market in 2025. The NMC segment is projected to expand at a CAGR of 21% between 2026 and 2035. Government policies addressing battery disposal, critical mineral security, and material reuse are strengthening demand for NMC battery recycling. These batteries are compatible with commercially established pyrometallurgical and hydrometallurgical processes, enabling efficient recovery of nickel, cobalt, manganese, and other valuable materials. Continued demand for high energy density, long operating life, and thermal stability across electric vehicles and stationary storage applications is expected to reinforce the segment's market position.

The U.S. lithium-ion battery recycling market held an 86.5% share in 2025 and is expected to generate USD 5.4 billion by 2035. Federal support, including U.S. Department of Energy grants, tax incentives, and investments authorized under the Bipartisan Infrastructure Law, is accelerating the development of domestic recycling capacity. These initiatives are designed to reduce reliance on imported critical minerals, strengthen battery supply chain resilience, and advance circular economy goals.

Rapid electric vehicle adoption in the United States is also increasing the future supply of spent lithium-ion batteries. As battery volumes grow, demand for collection networks, processing infrastructure, metal recovery facilities, and long-term recycling partnerships is expected to intensify. Public and private investment will remain essential to scaling domestic operations and meeting evolving recovery and sustainability requirements.

Leading participants in the global lithium-ion battery recycling market include Redwood Materials, Ganfeng Lithium, Umicore, Glencore, and Attero Recycling. Market players are investing in hydrometallurgical capacity, automated processing systems, advanced separation technologies, and facility modernization to increase recovery rates and reduce environmental impacts. Companies are also pursuing long-term supply agreements with electric vehicle manufacturers and battery producers to secure reliable waste streams.

Strategic partnerships with government agencies, technology providers, automakers, and battery manufacturers are expected to shape the competitive landscape. These collaborations can provide access to funding, technical expertise, recycling feedstock, and regulatory support for large-scale projects. As competition increases, operational efficiency, recovery performance, supply security, and regional processing capacity will remain key differentiators.

Comprehensive Market Analysis and Forecast

Key Attributes:

Key Topics Covered:

Chapter 1 Methodology & Scope

1.1 Research design

1.2 Quality commitment

1.2.1 AI policy & data integrity commitment

1.2.1.1 Source consistency protocol

1.3 Research Trail & Confidence Scoring

1.3.1 Research Trail Components

1.3.2 Scoring Components

1.4 Data Collection

1.4.1 Partial list of primary sources

1.5 Data mining sources

1.5.1 Paid sources

1.5.1.1 Sources, by region

1.6 Base estimates and calculations

1.6.1 Base year calculation for any one approach

1.7 Forecast model

1.8 Research transparency addendum

1.8.1 Source attribution framework

1.8.2 Quality assurance metrics

1.8.3 Our commitment to trust

1.9 Market definitions

Chapter 2 Executive Summary

2.1 Industry synopsis, 2022-2035

2.2 Business trends

2.3 Chemistry trends

2.4 Process trends

2.5 Source trends

2.6 Regional trends

Chapter 3 Industry Insights

3.1 Industry ecosystem

3.1.1 Raw material availability & sourcing analysis

3.1.2 Manufacturing capacity assessment

3.1.3 Supply chain resilience & risk factors

3.1.4 Distribution network analysis

3.2 Regulatory landscape

3.3 Industry impact forces

3.3.1 Growth drivers

3.3.2 Industry pitfalls & challenges

3.4 Growth potential analysis

3.5 Porter's analysis

3.5.1 Bargaining power of suppliers

3.5.2 Bargaining power of buyers

3.5.3 Threat of new entrants

3.5.4 Threat of substitutes

3.6 PESTEL analysis

3.6.1 Political factors

3.6.2 Economic factors

3.6.3 Social factors

3.6.4 Technological factors

3.6.5 Legal factors

3.6.6 Environmental factors

3.7 Cost structure analysis

3.8 Price trend analysis (USD/Tons)

3.8.1 by chemistry

3.9 Technology trends & disruptions

3.9.1 Alkaline vs. rechargeable cannibalization

3.9.2 Lithium-ion chemistry evolution

3.9.3 Fast-charging & high-drain battery innovations

3.9.4 Emerging chemistries outlook

3.10 Investment analysis & future outlook

Chapter 4 Competitive landscape, 2026

4.1 Introduction

4.2 Company market share analysis, by region, 2025

4.2.1 North America

4.2.2 Europe

4.2.3 Asia-Pacific

4.2.4 Rest of world

4.3 Competitive benchmarking

4.4 Key developments

4.4.1 Mergers & acquisitions

4.4.2 Partnerships & collaborations

4.4.3 New product launches

4.4.4 Expansion plans and funding

Chapter 5 Market Size and Forecast, by Chemistry, 2022-2035 (USD Billion & Thousand Tons)

5.1 Key trends

5.2 Lithium nickel manganese cobalt oxide (NMC)

5.3 Lithium iron phosphate (LFP)

5.4 Lithium cobalt oxide (LCO)

5.5 Others

Chapter 6 Market Size and Forecast, by Process, 2022-2035 (USD Billion & Thousand Tons)

6.1 Key trends

6.2 Pyrometallurgical

6.3 Hydrometallurgical

6.4 Physical/mechanical

Chapter 7 Market Size and Forecast, by Source, 2022-2035 (USD Billion & Thousand Tons)

7.1 Key trends

7.2 Automotive

7.3 Non-automotive

Chapter 8 Market Size and Forecast, by Region, 2022-2035 (USD Billion & Thousand Tons)

8.1 Key trends

8.2 North America

8.2.1 U.S.

8.2.2 Canada

8.3 Europe

8.3.1 UK

8.3.2 France

8.3.3 Belgium

8.3.4 Switzerland

8.3.5 Germany

8.4 Asia-Pacific

8.4.1 China

8.4.2 South Korea

8.4.3 Japan

8.5 Rest of World

Chapter 9 Company Profiles

9.1 3R Recycler

9.2 Accurec Recycling

9.3 ACE Green Recycling

9.4 American Battery Technology Company

9.5 Attero Recycling

9.6 Altilium Metals

9.7 BatX Energies

9.8 Cylib

9.9 Cirba Solutions

9.10 Ecobat

9.11 Eramet

9.12 Glencore

9.13 Ganfeng Lithium

9.14 Lohum Cleantech

9.15 Neometals

9.16 Recyclus Group

9.17 RecycLiCo Battery Material

9.18 Redwood Materials

9.19 SK TES

9.20 Umicore

For more information about this report visit https://www.researchandmarkets.com/r/jh8xec

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