North America Lithium-Ion Battery Recycling Market to 2032

Overview

The North America Lithium-Ion Battery Recycling Market is expected to reach a 1,939.37 USD Million by 2032 and is projected to grow at a CAGR of 27.86% from 2025 to 2032.

Revenue, 2024 (USD Million)

385.19

Forecast, 2032 (USD Million)

1,939.37

CAGR, 2024 - 2032

27.86%

Report Coverage

North America

North America Lithium-Ion Battery Recycling Market 2018-2032 USD Million

North America Lithium-Ion Battery Recycling Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 385.19 USD Million
Projected Market Size (2032): 1,939.37 USD Million
CAGR (2025-2032): 27.86%

Key Findings of North America Lithium-Ion Battery Recycling Market

The North America Lithium-Ion Battery Recycling Market was valued at 385.19 USD Million in 2024.
The North America Lithium-Ion Battery Recycling Market is likely to grow at a CAGR of 27.86% 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 243.03 USD Million
The fastest growing segment Lithium-Nickel Manganese Cobalt (Li-NMC) in Chemistry Segment grew Fastest with a CAGR of 30.77% during the forecast period from 2024 to 2032.

North America Lithium-Ion Battery Recycling Market Scope

North America Lithium-Ion Battery Recycling Market Segmentation & Scope

Component

Non-Active Material
Active Material

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

North America Lithium-Ion Battery Recycling Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Million
Market Value in 2024	385.19 USD Million
Market Value in 2032	1,939.37 USD Million
CAGR (2025-2032)	27.86%
Historic Data	2016-2023
Market Segments Covered	Component,Chemistry,Recycling Process

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 385.19 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 301.28 USD Million in 2024.

Segments and Scope

North America Lithium-Ion Battery Recycling Market to 2032, By Component
- Active Material is the largest segment in North America Lithium-Ion Battery Recycling Market to 2032 with a revenue of 243.03 USD Million in the year 2024.
- Active Material is the Fastest growing segment in North America Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 29.01 % in forecast period 2025-2032.
North America Lithium-Ion Battery Recycling Market to 2032, By Chemistry
- Lithium-Nickel Manganese Cobalt (Li-NMC) is the largest segment in North America Lithium-Ion Battery Recycling Market to 2032 with a revenue of 143.73 USD Million in the year 2024.
- Lithium-Nickel Manganese Cobalt (Li-NMC) is the Fastest growing segment in North America Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 30.77 % in forecast period 2025-2032.
North America Lithium-Ion Battery Recycling Market to 2032, By Recycling Process
- Hydrometallurgical Process is the largest segment in North America Lithium-Ion Battery Recycling Market to 2032 with a revenue of 181.50 USD Million in the year 2024.
- Hydrometallurgical Process is the Fastest growing segment in North America Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 28.95 % in forecast period 2025-2032.

North America Lithium-Ion Battery Recycling Market Company Share Analysis

Company Name
Umicore
Veolia
GEM Co., Ltd.
Glencore
Contemporary Amperex Technology Co., Limited

North America Lithium-Ion Battery Recycling Market Geographical Sales Distribution, 2018-2032 USD Million

North America Lithium-Ion Battery Recycling Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the North America Lithium-Ion Battery Recycling Market?

The North America Lithium-Ion Battery Recycling Market is segmented based on Segmentation Component,Chemistry,Recycling Process.

What is the current market size of the North America Lithium-Ion Battery Recycling Market?

North America Lithium-Ion Battery Recycling Market was valued at USD 385.19(Revenue in USD Million) in 2022.

What is the expected growth rate of the North America Lithium-Ion Battery Recycling Market?

North America Lithium-Ion Battery Recycling Market is projected to grow at a CAGR of 27.86% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America Lithium-Ion Battery Recycling Market?

The Active Material segment is expected to dominate the North America Lithium-Ion Battery Recycling Market, holding a largest market share of 243.03 USD Million in 2024