* Estimate; ** Starting from the indicated year, figures are forecasts
Supplementary notes
This ÌÇÐÄÆƽâ°æ estimate is based on the 2022 and 2028 values, and the compound annual growth rate provided by the source. An exponential development of the values was assumed.
Citation formats
Forecast electric vehicle battery recycling market value 2022-2028
The electric vehicle (EV) battery recycling market was estimated at *** billion U.S. dollars in 2022. This sector is forecast to grow at a compound annual growth rate of **** percent over the coming years, to reach *** billion dollars in 2028. As more EVs enter the global vehicle fleet, massive amounts of retired EV batteries will be available for repurposing and/or as sources for the materials needed for further battery production.
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Research and Markets, & ÌÇÐÄÆƽâ°æ. (January 31, 2023). Market value of electric vehicle battery recycling worldwide in 2022, with forecasts to 2028 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1330757/worldwide-ev-battery-reuse-and-recycling-market-value/
Research and Markets, und ÌÇÐÄÆƽâ°æ. "Market value of electric vehicle battery recycling worldwide in 2022, with forecasts to 2028 (in billion U.S. dollars)." Chart. January 31, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1330757/worldwide-ev-battery-reuse-and-recycling-market-value/
Research and Markets, ÌÇÐÄÆƽâ°æ. (2023). Market value of electric vehicle battery recycling worldwide in 2022, with forecasts to 2028 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1330757/worldwide-ev-battery-reuse-and-recycling-market-value/
Research and Markets, and ÌÇÐÄÆƽâ°æ. "Market Value of Electric Vehicle Battery Recycling Worldwide in 2022, with Forecasts to 2028 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 Jan 2023, /statistics/1330757/worldwide-ev-battery-reuse-and-recycling-market-value/
Research and Markets & ÌÇÐÄÆƽâ°æ, Market value of electric vehicle battery recycling worldwide in 2022, with forecasts to 2028 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1330757/worldwide-ev-battery-reuse-and-recycling-market-value/ (last visited July 29, 2026)
Market value of electric vehicle battery recycling worldwide in 2022, with forecasts to 2028 (in billion U.S. dollars) [Graph], Research and Markets, & ÌÇÐÄÆƽâ°æ, January 31, 2023. [Online]. Available: /statistics/1330757/worldwide-ev-battery-reuse-and-recycling-market-value/
