Asia Pacific Electric Vehicle (Ev) Battery Recycling Market Size & Outlook
The electric vehicle (ev) battery recycling market in Asia Pacific is expected to reach a projected revenue of US$ 4,588.2 million by 2030. A compound annual growth rate of 63.4% is expected of Asia Pacific electric vehicle (ev) battery recycling market from 2024 to 2030.
- Energy & Power
- Renewable Energy
- Electric Vehicle (EV) Battery Recycling Market Outlook
- Renewable Energy
Revenue, 2023 (US$M)
$147.4
Forecast, 2030 (US$M)
$4,588.2
CAGR, 2024 - 2030
63.4%
Report Coverage
Asia Pacific
Asia Pacific Electric Vehicle (Ev) Battery Recycling Market, 2018-2030 (US$M)
Global Market
Related Markets
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Asia Pacific electric vehicle (ev) battery recycling market highlights
- The Asia Pacific electric vehicle (ev) battery recycling market generated a revenue of USD 147.4 million in 2023.
- The market is expected to grow at a CAGR of 63.4% from 2024 to 2030.
- In terms of segment, lithium ion was the largest revenue generating application in 2023.
- Lithium ion is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 147.4 million |
| Market revenue in 2030 | USD 4,588.2 million |
| Growth rate | 63.4% (CAGR from 2023 to 2030) |
| Largest segment | Lithium ion |
| Fastest growing segment | Lithium ion |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium ion, Lead Acid |
| Key market players worldwide | GFL Environmental Inc, EXIDE Industries, Battery Solutions, Gopher Resource, Ecobat, East Penn Manufacturing Co, Retriev Technologies, Com2 Recycling Solutions, Call2Recycle, Gravita India Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.8% of the global electric vehicle (ev) battery recycling market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,588.2 million by 2030.
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Electric Vehicle (EV) Battery Recycling Market Scope
Electric Vehicle (EV) Battery Recycling Market segmentation & scope
Electric Vehicle (EV) Battery Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GFL Environmental Inc | View profile | 20,000 | 100 New Park Place, Suite 500, Vaughan, ON, Canada, L4K 0H9 | www.gflenv.com |
| EXIDE Industries | View profile | 10001+ | Kolkata, West Bengal, India, Asia | www.exideindustries.com/ |
| Battery Solutions | View profile | - | Lubbock, Texas, United States, North America | www.batterysolutionsinc.com |
| Gopher Resource | View profile | 501-1000 | Eagan, Minnesota, United States, North America | www.gopherresource.com/ |
| Ecobat | View profile | 1001-5000 | Irving, Texas, United States, North America | ecobat.com/ |
| East Penn Manufacturing Co | View profile | 10001+ | Lyon Station, Pennsylvania, United States, North America | www.eastpennmanufacturing.com/ |
| Retriev Technologies | View profile | 51-100 | Lancaster, Pennsylvania, United States, North America | www.retrievtech.com/ |
| Com2 Recycling Solutions | View profile | 101-250 | Carol Stream, Illinois, United States, North America | www.com2recycling.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 |
Asia Pacific Electric Vehicle (EV) 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 Electric Vehicle (EV) Battery Recycling Market Outlook will help companies and investors design strategic landscapes.
Lithium Ion was the largest segment with a revenue share of 59.84% in 2023.
Horizon Databook has segmented the Asia Pacific electric vehicle (ev) battery recycling market based on lithium ion, lead acid covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Electric Vehicle (Ev) Battery Recycling Market Application Outlook (Revenue, USD Million , 2018-2030)
- Lithium ion
- Lead Acid
- Others
- Asia Pacific Electric Vehicle (Ev) Battery Recycling Market Source Outlook (Revenue, USD Million , 2018-2030)
- End of Life
- Production Scrap
- Asia Pacific Electric Vehicle (Ev) Battery Recycling Market Vehcile Type Outlook (Revenue, USD Million , 2018-2030)
- Passenger Cars
- Buses
- Vans
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Electric Vehicle (EV) Battery Recycling Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Electric Vehicle (EV) Battery Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Electric Vehicle (Ev) Battery Recycling Market, 2018-2030 (US$M)
Asia Pacific electric vehicle (ev) battery recycling market statistics, by application, 2018-2030 (US$M)
