Asia-Pacific Lithium-Ion Battery Recycling Market to 2032
Overview
The Asia-Pacific Lithium-Ion Battery Recycling Market is expected to reach a 9.24 USD Billion by 2032 and is projected to grow at a CAGR of 31.49% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.54
Forecast, 2032 (USD Billion)
9.24
CAGR, 2024 - 2032
31.49%
Report Coverage
Asia-Pacific
Asia-Pacific Lithium-Ion Battery Recycling Market 2018-2032 USD Billion
Asia-Pacific Lithium-Ion Battery Recycling Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.54 USD Billion
- Projected Market Size (2032): 9.24 USD Billion
- CAGR (2025-2032): 31.49%
Key Findings of Asia-Pacific Lithium-Ion Battery Recycling Market
- The Asia-Pacific Lithium-Ion Battery Recycling Market was valued at 1.54 USD Billion in 2024.
- The Asia-Pacific Lithium-Ion Battery Recycling Market is likely to grow at a CAGR of 31.49% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Active Material in Component Segment accounted for the largest share of the market with a revenue of 0.99 USD Billion
- The fastest growing segment Lithium-Nickel Manganese Cobalt (Li-NMC) in Chemistry Segment grew Fastest with a CAGR of 34.13% during the forecast period from 2024 to 2032.
Asia-Pacific Lithium-Ion Battery Recycling Market Scope
Asia-Pacific Lithium-Ion Battery Recycling Market Segmentation & Scope
Chemistry
- Lithium-Titanate Oxide (LTO)
- Lithium-Nickel Cobalt Aluminum Oxide (NCA)
- Lithium-Iron Phosphate (LFP)
- Lithium-Manganese Oxide (LMO)
- Lithium Cobalt Oxide (LCO)
- Lithium-Nickel Manganese Cobalt (Li-NMC)
Recycling Process
- Physical/ Mechanical Process
- Pyrometallurgy Process
- Hydrometallurgical Process
Component
- Non-Active Material
- Active Material
Asia-Pacific Lithium-Ion Battery Recycling Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.54 USD Billion |
| Market Value in 2032 | 9.24 USD Billion |
| CAGR (2025-2032) | 31.49% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Chemistry,Recycling Process,Component |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 1.54 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 566.22 USD Million in 2024.
Segments and Scope
-
Asia-Pacific Lithium-Ion Battery Recycling Market to 2032, By Chemistry
- Lithium-Nickel Manganese Cobalt (Li-NMC) is the largest segment in Asia-Pacific Lithium-Ion Battery Recycling Market to 2032 with a revenue of 583.48 USD Billion in the year 2024.
- Lithium-Nickel Manganese Cobalt (Li-NMC) is the Fastest growing segment in Asia-Pacific Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 34.13 % in forecast period 2025-2032.
-
Asia-Pacific Lithium-Ion Battery Recycling Market to 2032, By Recycling Process
- Hydrometallurgical Process is the largest segment in Asia-Pacific Lithium-Ion Battery Recycling Market to 2032 with a revenue of 710.46 USD Billion in the year 2024.
- Hydrometallurgical Process is the Fastest growing segment in Asia-Pacific Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 32.53 % in forecast period 2025-2032.
-
Asia-Pacific Lithium-Ion Battery Recycling Market to 2032, By Component
- Active Material is the largest segment in Asia-Pacific Lithium-Ion Battery Recycling Market to 2032 with a revenue of 991.91 USD Billion in the year 2024.
- Active Material is the Fastest growing segment in Asia-Pacific Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 32.52 % in forecast period 2025-2032.
Asia-Pacific Lithium-Ion Battery Recycling Market Company Share Analysis
| Company Name |
|
||
| Umicore | |||
| Veolia | |||
| GEM Co., Ltd. | |||
| Glencore | |||
| Contemporary Amperex Technology Co., Limited | |||
Asia-Pacific Lithium-Ion Battery Recycling Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Lithium-Ion Battery Recycling Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Lithium-Ion Battery Recycling Market is segmented based on Segmentation Chemistry,Recycling Process,Component.
Asia-Pacific Lithium-Ion Battery Recycling Market was valued at USD 1.54(Revenue in USD Billion) in 2022.
Asia-Pacific Lithium-Ion Battery Recycling Market is projected to grow at a CAGR of 31.49% during the forecast period of 2024 to 2032.
The Active Material segment is expected to dominate the Asia-Pacific Lithium-Ion Battery Recycling Market, holding a largest market share of 0.99 USD Billion in 2024
Asia-Pacific Lithium-Ion Battery Recycling Market Scope
Asia-Pacific Lithium-Ion Battery Recycling Market Segmentation & Scope
Chemistry
- Lithium-Titanate Oxide (LTO)
- Lithium-Nickel Cobalt Aluminum Oxide (NCA)
- Lithium-Iron Phosphate (LFP)
- Lithium-Manganese Oxide (LMO)
- Lithium Cobalt Oxide (LCO)
- Lithium-Nickel Manganese Cobalt (Li-NMC)
Recycling Process
- Physical/ Mechanical Process
- Pyrometallurgy Process
- Hydrometallurgical Process
Component
- Non-Active Material
- Active Material
Frequently Asked Questions
The Asia-Pacific Lithium-Ion Battery Recycling Market is segmented based on Segmentation Chemistry,Recycling Process,Component.
Asia-Pacific Lithium-Ion Battery Recycling Market was valued at USD 1.54(Revenue in USD Billion) in 2022.
Asia-Pacific Lithium-Ion Battery Recycling Market is projected to grow at a CAGR of 31.49% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Lithium-Ion Battery Recycling Market for final year is USD 9.24 (USD Billion).
Asia-Pacific Lithium-Ion Battery Recycling Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Lithium-Ion Battery Recycling Market is segmented based on Segmentation Chemistry,Recycling Process,Component.
Asia-Pacific Lithium-Ion Battery Recycling Market was valued at USD 1.54(Revenue in USD Billion) in 2022.
Asia-Pacific Lithium-Ion Battery Recycling Market is projected to grow at a CAGR of 31.49% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Lithium-Ion Battery Recycling Market for final year is USD 9.24 (USD Billion).
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