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Industry Research
New Energy Vehicle Lithium Battery Recycling Industry Research Report 2026
Market perspective
The global New Energy Vehicle Lithium Battery Recycling market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the New Energy Vehicle Lithium Battery Recycling market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the New Energy Vehicle Lithium Battery Recycling market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the New Energy Vehicle Lithium Battery Recycling market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of New Energy Vehicle Lithium Battery Recycling include Umicore, GEM, Brunp Recycling, SungEel HiTech, Taisen Recycling, Batrec, Cirba Solutions, SK Tes and Duesenfeld, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global New Energy Vehicle Lithium Battery Recycling market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to New Energy Vehicle Lithium Battery Recycling.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
New Energy Vehicle Lithium Battery Recycling Market by Company
Umicore
GEM
Brunp Recycling
SungEel HiTech
Taisen Recycling
Batrec
Cirba Solutions
SK Tes
Duesenfeld
4R Energy
OnTo Technology
Lithion Technologies
Li-Cycle
AkkuSer
Fortum
Green Li-ion
Northvolt
Ganfeng Lithium
Reedwood Materials
Primobius
Battery Solutions
American Battery Technology
Accurec Recycling
Neometals
Ecobat Solutions
New Energy Vehicle Lithium Battery Recycling Segment by Type
LiCoO2 Battery
NMC Battery
LiFePO4 Battery
Others
New Energy Vehicle Lithium Battery Recycling Segment by Application
Passenger Car
Commercial Vehicle
New Energy Vehicle Lithium Battery Recycling Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global New Energy Vehicle Lithium Battery Recycling market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of New Energy Vehicle Lithium Battery Recycling and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of New Energy Vehicle Lithium Battery Recycling.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of New Energy Vehicle Lithium Battery Recycling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- LiCoO2 Battery
- NMC Battery
- LiFePO4 Battery
- Others
Applications
- Passenger Car
- Commercial Vehicle
Companies covered
- Umicore
- GEM
- Brunp Recycling
- SungEel HiTech
- Taisen Recycling
- Batrec
- Cirba Solutions
- SK Tes
- Duesenfeld
- 4R Energy
- OnTo Technology
- Lithion Technologies
- Li-Cycle
- AkkuSer
- Fortum
- Green Li-ion
- Northvolt
- Ganfeng Lithium
- Reedwood Materials
- Primobius
- Battery Solutions
- American Battery Technology
- Accurec Recycling
- Neometals
- Ecobat Solutions
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 New Energy Vehicle Lithium Battery Recycling by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 LiCoO2 Battery
- 2.2.3 NMC Battery
- 2.2.4 LiFePO4 Battery
- 2.2.5 Others
- 2.3 New Energy Vehicle Lithium Battery Recycling by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Passenger Car
- 2.3.3 Commercial Vehicle
- 2.4 Assumptions and Limitations
3 New Energy Vehicle Lithium Battery Recycling Breakdown Data by Type
- 3.1 Global New Energy Vehicle Lithium Battery Recycling Historic Market Size by Type (2021-2026)
- 3.2 Global New Energy Vehicle Lithium Battery Recycling Forecasted Market Size by Type (2027-2032)
4 New Energy Vehicle Lithium Battery Recycling Breakdown Data by Application
- 4.1 Global New Energy Vehicle Lithium Battery Recycling Historic Market Size by Application (2021-2026)
- 4.2 Global New Energy Vehicle Lithium Battery Recycling Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global New Energy Vehicle Lithium Battery Recycling Market Perspective (2021-2032)
- 5.2 Global New Energy Vehicle Lithium Battery Recycling Growth Trends by Region
- 5.2.1 Global New Energy Vehicle Lithium Battery Recycling Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 New Energy Vehicle Lithium Battery Recycling Historic Market Size by Region (2021-2026)
- 5.2.3 New Energy Vehicle Lithium Battery Recycling Forecasted Market Size by Region (2027-2032)
- 5.3 New Energy Vehicle Lithium Battery Recycling Market Dynamics
- 5.3.1 New Energy Vehicle Lithium Battery Recycling Industry Trends
- 5.3.2 New Energy Vehicle Lithium Battery Recycling Market Drivers
- 5.3.3 New Energy Vehicle Lithium Battery Recycling Market Challenges
- 5.3.4 New Energy Vehicle Lithium Battery Recycling Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top New Energy Vehicle Lithium Battery Recycling Players by Revenue
- 6.1.1 Global Top New Energy Vehicle Lithium Battery Recycling Players by Revenue (2021-2026)
- 6.1.2 Global New Energy Vehicle Lithium Battery Recycling Revenue Market Share by Players (2021-2026)
- 6.2 Global New Energy Vehicle Lithium Battery Recycling Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of New Energy Vehicle Lithium Battery Recycling Head Office and Area Served
- 6.4 Global New Energy Vehicle Lithium Battery Recycling Players, Product Type & Application
- 6.5 Global New Energy Vehicle Lithium Battery Recycling Manufacturers Established Date
- 6.6 Global New Energy Vehicle Lithium Battery Recycling Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America New Energy Vehicle Lithium Battery Recycling Market Size (2021-2032)
- 7.2 North America New Energy Vehicle Lithium Battery Recycling Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America New Energy Vehicle Lithium Battery Recycling Market Size by Country (2021-2026)
- 7.4 North America New Energy Vehicle Lithium Battery Recycling Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe New Energy Vehicle Lithium Battery Recycling Market Size (2021-2032)
- 8.2 Europe New Energy Vehicle Lithium Battery Recycling Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe New Energy Vehicle Lithium Battery Recycling Market Size by Country (2021-2026)
- 8.4 Europe New Energy Vehicle Lithium Battery Recycling Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific New Energy Vehicle Lithium Battery Recycling Market Size (2021-2032)
- 9.2 Asia-Pacific New Energy Vehicle Lithium Battery Recycling Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific New Energy Vehicle Lithium Battery Recycling Market Size by Country (2021-2026)
- 9.4 Asia-Pacific New Energy Vehicle Lithium Battery Recycling Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America New Energy Vehicle Lithium Battery Recycling Market Size (2021-2032)
- 10.2 South America New Energy Vehicle Lithium Battery Recycling Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America New Energy Vehicle Lithium Battery Recycling Market Size by Country (2021-2026)
- 10.4 South America New Energy Vehicle Lithium Battery Recycling Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa New Energy Vehicle Lithium Battery Recycling Market Size (2021-2032)
- 11.2 Middle East & Africa New Energy Vehicle Lithium Battery Recycling Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa New Energy Vehicle Lithium Battery Recycling Market Size by Country (2021-2026)
- 11.4 Middle East & Africa New Energy Vehicle Lithium Battery Recycling Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Umicore
- 12.1.1 Umicore Company Information
- 12.1.2 Umicore Business Overview
- 12.1.3 Umicore Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.1.4 Umicore New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.1.5 Umicore Recent Developments
- 12.2 GEM
- 12.2.1 GEM Company Information
- 12.2.2 GEM Business Overview
- 12.2.3 GEM Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.2.4 GEM New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.2.5 GEM Recent Developments
- 12.3 Brunp Recycling
- 12.3.1 Brunp Recycling Company Information
- 12.3.2 Brunp Recycling Business Overview
- 12.3.3 Brunp Recycling Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.3.4 Brunp Recycling New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.3.5 Brunp Recycling Recent Developments
- 12.4 SungEel HiTech
- 12.4.1 SungEel HiTech Company Information
- 12.4.2 SungEel HiTech Business Overview
- 12.4.3 SungEel HiTech Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.4.4 SungEel HiTech New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.4.5 SungEel HiTech Recent Developments
- 12.5 Taisen Recycling
- 12.5.1 Taisen Recycling Company Information
- 12.5.2 Taisen Recycling Business Overview
- 12.5.3 Taisen Recycling Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.5.4 Taisen Recycling New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.5.5 Taisen Recycling Recent Developments
- 12.6 Batrec
- 12.6.1 Batrec Company Information
- 12.6.2 Batrec Business Overview
- 12.6.3 Batrec Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.6.4 Batrec New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.6.5 Batrec Recent Developments
- 12.7 Cirba Solutions
- 12.7.1 Cirba Solutions Company Information
- 12.7.2 Cirba Solutions Business Overview
- 12.7.3 Cirba Solutions Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.7.4 Cirba Solutions New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.7.5 Cirba Solutions Recent Developments
- 12.8 SK Tes
- 12.8.1 SK Tes Company Information
- 12.8.2 SK Tes Business Overview
- 12.8.3 SK Tes Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.8.4 SK Tes New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.8.5 SK Tes Recent Developments
- 12.9 Duesenfeld
- 12.9.1 Duesenfeld Company Information
- 12.9.2 Duesenfeld Business Overview
- 12.9.3 Duesenfeld Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.9.4 Duesenfeld New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.9.5 Duesenfeld Recent Developments
- 12.10 4R Energy
- 12.10.1 4R Energy Company Information
- 12.10.2 4R Energy Business Overview
- 12.10.3 4R Energy Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.10.4 4R Energy New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.10.5 4R Energy Recent Developments
- 12.11 OnTo Technology
- 12.11.1 OnTo Technology Company Information
- 12.11.2 OnTo Technology Business Overview
- 12.11.3 OnTo Technology Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.11.4 OnTo Technology New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.11.5 OnTo Technology Recent Developments
- 12.12 Lithion Technologies
- 12.12.1 Lithion Technologies Company Information
- 12.12.2 Lithion Technologies Business Overview
- 12.12.3 Lithion Technologies Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.12.4 Lithion Technologies New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.12.5 Lithion Technologies Recent Developments
- 12.13 Li-Cycle
- 12.13.1 Li-Cycle Company Information
- 12.13.2 Li-Cycle Business Overview
- 12.13.3 Li-Cycle Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.13.4 Li-Cycle New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.13.5 Li-Cycle Recent Developments
- 12.14 AkkuSer
- 12.14.1 AkkuSer Company Information
- 12.14.2 AkkuSer Business Overview
- 12.14.3 AkkuSer Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.14.4 AkkuSer New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.14.5 AkkuSer Recent Developments
- 12.15 Fortum
- 12.15.1 Fortum Company Information
- 12.15.2 Fortum Business Overview
- 12.15.3 Fortum Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.15.4 Fortum New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.15.5 Fortum Recent Developments
- 12.16 Green Li-ion
- 12.16.1 Green Li-ion Company Information
- 12.16.2 Green Li-ion Business Overview
- 12.16.3 Green Li-ion Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.16.4 Green Li-ion New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.16.5 Green Li-ion Recent Developments
- 12.17 Northvolt
- 12.17.1 Northvolt Company Information
- 12.17.2 Northvolt Business Overview
- 12.17.3 Northvolt Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.17.4 Northvolt New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.17.5 Northvolt Recent Developments
- 12.18 Ganfeng Lithium
- 12.18.1 Ganfeng Lithium Company Information
- 12.18.2 Ganfeng Lithium Business Overview
- 12.18.3 Ganfeng Lithium Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.18.4 Ganfeng Lithium New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.18.5 Ganfeng Lithium Recent Developments
- 12.19 Reedwood Materials
- 12.19.1 Reedwood Materials Company Information
- 12.19.2 Reedwood Materials Business Overview
- 12.19.3 Reedwood Materials Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.19.4 Reedwood Materials New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.19.5 Reedwood Materials Recent Developments
- 12.20 Primobius
- 12.20.1 Primobius Company Information
- 12.20.2 Primobius Business Overview
- 12.20.3 Primobius Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.20.4 Primobius New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.20.5 Primobius Recent Developments
- 12.21 Battery Solutions
- 12.21.1 Battery Solutions Company Information
- 12.21.2 Battery Solutions Business Overview
- 12.21.3 Battery Solutions Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.21.4 Battery Solutions New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.21.5 Battery Solutions Recent Developments
- 12.22 American Battery Technology
- 12.22.1 American Battery Technology Company Information
- 12.22.2 American Battery Technology Business Overview
- 12.22.3 American Battery Technology Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.22.4 American Battery Technology New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.22.5 American Battery Technology Recent Developments
- 12.23 Accurec Recycling
- 12.23.1 Accurec Recycling Company Information
- 12.23.2 Accurec Recycling Business Overview
- 12.23.3 Accurec Recycling Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.23.4 Accurec Recycling New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.23.5 Accurec Recycling Recent Developments
- 12.24 Neometals
- 12.24.1 Neometals Company Information
- 12.24.2 Neometals Business Overview
- 12.24.3 Neometals Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.24.4 Neometals New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.24.5 Neometals Recent Developments
- 12.25 Ecobat Solutions
- 12.25.1 Ecobat Solutions Company Information
- 12.25.2 Ecobat Solutions Business Overview
- 12.25.3 Ecobat Solutions Revenue in New Energy Vehicle Lithium Battery Recycling Business (2021-2026)
- 12.25.4 Ecobat Solutions New Energy Vehicle Lithium Battery Recycling Product Portfolio
- 12.25.5 Ecobat Solutions Recent Developments
13 Report Conclusion
14 Disclaimer
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