U.S. Battery Recycling Market Size & Outlook, 2023-2030
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- Energy Storage
- Battery Recycling Market Outlook
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U.S. battery recycling market highlights
- The U.S. battery recycling market generated a revenue of USD 374.3 million in 2023 and is expected to reach USD 3,506.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 37.7% from 2024 to 2030.
- In terms of segment, lead acid was the largest revenue generating chemistry in 2023.
- Lithium-ion is the most lucrative chemistry segment registering the fastest growth during the forecast period.
Battery recycling market data book summary
| Market revenue in 2023 | USD 374.3 million |
| Market revenue in 2030 | USD 3,506.8 million |
| Growth rate | 37.7% (CAGR from 2024 to 2030) |
| Largest segment | Lead acid |
| Fastest growing segment | Lithium-ion |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-ion, Lead acid, Nickel, Cobalt, Manganese |
| Key market players worldwide | Call2Recycle, EXIDE Industries, Gravita India Ltd, Glencore PLC, Gopher Resource, East Penn Manufacturing Co, Aqua Metals Inc, American Battery Technology Company, Cirba Solutions |
Other key industry trends
- In terms of revenue, U.S. accounted for 20.5% of the battery recycling market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. battery recycling market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 909.8 million by 2030.
The U.S. has emerged as a growing market for the recycling of lithium-ion batteries owing to the presence of large lithium-ion recycling facilities in the country. For instance, Li-cycle Corp. inaugurated its new lithium-ion recycling facility with a 120,000-square feet warehousing space.
The increase in the establishment of battery recycling facilities in the country and the surge in the number of joint ventures among electric vehicle and battery manufacturers in the U.S. are expected to fuel the demand for battery recycling activities in the country in the coming years.
Increasing sales of electric vehicles in the U.S. owing to the formulation of supportive federal policies such as the Responsible Battery Recycling Act of 2022 California and the presence of leading market players are expected to drive the demand for lithium-ion batteries in the country over the forecast period.
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Publish Date: Mar 11, 2025
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Battery Recycling Market Scope
Battery Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| EXIDE Industries | View profile | 10001+ | Kolkata, West Bengal, India, Asia | www.exideindustries.com/ |
| Gopher Resource | View profile | 501-1000 | Eagan, Minnesota, United States, North America | www.gopherresource.com/ |
| East Penn Manufacturing Co | View profile | 10001+ | Lyon Station, Pennsylvania, United States, North America | www.eastpennmanufacturing.com/ |
| Call2Recycle | View profile | 11-50 | Atlanta, Georgia, United States, North America | www.call2recycle.org/ |
| Gravita India Ltd | View profile | 251-500 | Jaipur, Rajasthan, India, Asia | www.gravitaindia.com |
| Glencore PLC | View profile | 83,426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | www.glencore.com |
| Aqua Metals Inc | View profile | 53 | 5370 Kietzke Lane, Suite 201, Reno, NV, United States, 89511 | www.aquametals.com |
| Cirba Solutions | View profile | 51-100 | Charlotte, North Carolina, United States, North America | www.cirbasolutions.com |
| American Battery Technology Company | View profile | 51-100 | Reno, Nevada, United States, North America | americanbatterytechnology.com/ |
U.S. Battery Recycling Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Battery Recycling Market Outlook will help companies and investors design strategic landscapes.
Lead Acid was the largest segment with a revenue share of 74.67% in 2023.
Horizon Databook has segmented the U.S. battery recycling market based on lithium-ion, lead acid, nickel, cobalt, manganese covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. has emerged as a growing market for the recycling of lithium-ion batteries owing to the presence of large lithium-ion recycling facilities in the country. For instance, Li-cycle Corp. inaugurated its new lithium-ion recycling facility with a 120,000-square feet warehousing space.
The increase in the establishment of battery recycling facilities in the country and the surge in the number of joint ventures among electric vehicle and battery manufacturers in the U.S. are expected to fuel the demand for battery recycling activities in the country in the coming years.
Increasing sales of electric vehicles in the U.S. owing to the formulation of supportive federal policies such as the Responsible Battery Recycling Act of 2022 California and the presence of leading market players are expected to drive the demand for lithium-ion batteries in the country over the forecast period.
- U.S. Battery Recycling Market Chemistry Outlook (Revenue, USD Million , 2018-2030)
- Lithium-ion
- Lead acid
- Nickel
- Cobalt
- Manganese
- U.S. Battery Recycling Market Application Outlook (Revenue, USD Million , 2018-2030)
- Transportation
- Consumer electronics
- Industrial
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Battery Recycling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Battery Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Battery Recycling Market, 2018-2030 (US$M)
U.S. battery recycling market statistics, by chemistry, 2018-2030 (US$M)
