Top 15 Companies Leading the Battery Recycling Market Worldwide

The global battery recycling market attained a value of USD 12.22 billion in 2024. The market is further expected to grow at a CAGR of 7.80% between 2025 and 2034 to reach a value of USD 25.90 billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by increasing environmental consciousness and growing demand for consumer electronics.

Recycling batteries is the process of reusing, reprocessing, or safely discarding batteries in order to reduce battery waste and keep batteries from becoming material waste. Different battery types can be recycled using various techniques. The most typical recycling process for lithium-ion batteries is collection, sorting, and melting. The primary goal of battery recycling is to safeguard the environment from potentially dangerous gases and materials that may leak from a battery as it degrades.

Greater sustainability is provided through battery recycling, which is a major development in the ev battery recycling companies. There is less need to mine new resources to make new batteries due to recycling as existing resources can be re-used. This method prevents natural resources from being exhausted, which is a significant market-driving factor for battery recycling.

The demand for various battery-powered consumer products, including electronic bikes, electric wheelchairs, electric car and micro hybrid vehicles, among others, is significantly increasing the demand for battery recycling. A stronger supply chain is being created by technology advancements targeted at increasing the maturity and complexity of batteries to lower production costs.

Globally, there is a growing emphasis on lowering the amount of waste that is disposed of in landfills due to growing environmental concerns. More countries are promoting adequate battery recycling because it helps prevent used batteries from ending up in landfills, thus aiding the largest battery recycling companies.

Due to the rising need for lead-acid and lithium-ion batteries in a variety of consumer electronics, the consumer electronics sector is a significant application for battery recycling. The electric car battery recycling companies are being supported by the rising demand for downstream consumer electronics products including battery-operated toys, headphones, and other items like handheld power tools.

Latest Updates on Leading Battery Recycling Companies:

March 2025: Mobec Innovation took a significant step toward developing India's renewable energy infrastructure when it opened its first lithium battery recycling facility in Noida, Uttar Pradesh. The plant, which has an annual processing capacity of up to 6,000 tons, intends to help India achieve its sustainability objectives while reducing its reliance on imported vital minerals.

January 2025: Ace Green Recycling, Inc., a prominent supplier of environmentally friendly battery recycling technology solutions, declared that it has completed a lease for a location where the biggest battery recycling plant in India will be constructed. The facility will expand Ace's current commercial operations in India, which have been recycling lithium-ion batteries, including lithium iron phosphate ("LFP") chemistries, since 2023. It will be situated in Mundra, Gujarat.

December 2024: BatX Energies established a key minerals extraction and lithium battery recycling facility in the Indian state of Uttar Pradesh. The plant extracts vital elements from spent lithium-ion batteries, such as lithium, cobalt, nickel, and manganese, using hydrometallurgical techniques. All kinds of lithium-ion battery trash, including production rejects from future gigafactories, are effectively recycled by it.

December 2024: LICO Materials, a company that recycles and refurbishes lithium-ion batteries, opened a battery recycling facility in Bengaluru and plans to invest Rs 250 crore in its downstream hydrometallurgy plant in the upcoming years. By addressing the difficulties in ensuring a steady supply of essential materials, the 4 GWh per year in-feed capacity plant in Bengaluru will help achieve a 30% adoption rate of electric vehicles (EVs) by 2030.

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Top 15 Battery Recycling Companies Worldwide | Best Brands:

1. Umicore

Umicore is a multinational materials technology company focused on sustainable practices across various sectors. Known for its expertise in precious metals, battery materials, and catalysts, the company plays a vital role in reducing the environmental impact of industrial activities. Through its comprehensive recycling services, Umicore recovers valuable metals from end-of-life products, reducing the need for mining and conserving natural resources. The company’s focus on clean technologies positions it as a leader in the transition to a low-carbon economy, especially through its advancements in battery materials for electric vehicles (EVs) and renewable energy storage. Umicore’s approach to sustainability is not just about recycling; it extends to developing solutions that help reduce emissions, increase energy efficiency, and promote the circular economy. The company operates globally, with a network of facilities that support industries ranging from automotive to electronics and renewable energy. A significant part of its innovation is in the development of cathode materials for lithium-ion batteries, which are crucial for the growing EV market. By ensuring the responsible management of materials throughout their life cycle, Umicore aims to contribute to a more sustainable and resource-efficient world.

2. Ecobat, LLC

Ecobat is a global leader in the recycling and production of sustainable materials, particularly in the energy and resource sectors. The company’s primary focus is on the recycling of lead-acid batteries, which are widely used in automotive and industrial applications. With state-of-the-art recycling facilities across various regions, Ecobat processes millions of used batteries annually, recovering valuable metals like lead, lithium, and cobalt. These materials are then reintegrated into the supply chain, reducing the need for virgin resources and helping to minimise environmental impact. Ecobat’s efforts in recycling not only support the circular economy but also contribute to reducing landfill waste and carbon emissions associated with the extraction of raw materials. As the demand for electric vehicles and energy storage systems grows, Ecobat is expanding its capabilities to include the recycling of lithium-ion batteries, ensuring that its services are aligned with the evolving energy landscape. The company’s dedication to sustainability is also reflected in its focus on energy-efficient operations and responsible waste management practices. Through its commitment to innovation and environmental responsibility, Ecobat plays a crucial role in promoting sustainable resource management, making significant contributions to the future of battery recycling and materials recovery.

3. Glencore plc

Glencore is a leading global commodities trading and mining company, with a diverse portfolio that includes metals, minerals, and energy products. The company operates across more than 50 countries, where it is involved in the extraction, production, and trading of commodities such as copper, zinc, coal, and oil. Glencore’s business model is centred on integrating its mining and trading operations, allowing it to optimise the supply and demand of essential materials globally. The company plays a crucial role in the world’s supply chain, providing key raw materials to industries ranging from automotive to electronics, construction, and energy. Glencore is particularly well-positioned in the growing markets for renewable energy and electric vehicles, as it supplies metals like copper, cobalt, and nickel, which are essential for battery manufacturing. In addition to its mining operations, Glencore has a strong commitment to environmental, social, and governance (ESG) principles, focusing on reducing emissions, improving the safety of its operations, and investing in sustainable practices. The company has also made significant strides in the transition to low-carbon technologies, which includes initiatives to reduce the environmental impact of its mining and trading activities. Glencore’s global presence and diverse operations make it an integral part of the world’s commodities infrastructure, and its focus on responsible resource management positions it as a key player in shaping the future of energy and materials production.

4. Li-Cycle Corporation

Li-Cycle is a leading innovator in the field of lithium-ion battery recycling. The company is focused on providing sustainable and efficient solutions for the recycling of used lithium-ion batteries, which are widely used in electric vehicles, consumer electronics, and energy storage systems. Li-Cycle’s proprietary technology involves a two-step process: first, it mechanically processes batteries to recover valuable materials such as lithium, cobalt, nickel, and graphite, and then it uses hydrometallurgical processes to further extract and refine these materials. This closed-loop system enables the company to recover up to 95% of the materials from spent batteries, which can then be reintegrated into the production of new batteries, reducing the need for mining and helping to preserve natural resources. By providing an efficient and environmentally friendly method for managing battery waste, Li-Cycle contributes to the development of a circular economy in the battery industry. The company is at the forefront of addressing the challenges associated with the increasing demand for electric vehicles and renewable energy storage, where the supply of raw materials for battery production is a key concern. Li-Cycle’s global network of recycling facilities is designed to meet the growing need for sustainable battery recycling solutions, ensuring that valuable materials are reused and reducing the environmental impact of battery disposal. The company’s commitment to sustainability and innovation positions it as a leader in the evolving field of battery recycling and materials recovery.

5. American Battery Technology Company (ABTC)

American Battery Technology Company (ABTC) is a pioneering firm focused on advancing the extraction, recycling, and resource recovery of critical materials used in energy storage and electric vehicle batteries. The company aims to address the growing demand for lithium, cobalt, nickel, and other essential materials that are required to produce batteries. ABTC’s approach revolves around developing cutting-edge technologies to efficiently extract and recycle these metals from both primary sources (such as mines) and secondary sources (like spent batteries). One of the key areas of ABTC’s operations is the establishment of advanced recycling processes that help close the loop of battery production, enabling the reuse of materials that would otherwise go to waste. This plays a crucial role in reducing the environmental impact associated with mining, which often involves harmful practices and significant carbon emissions. The company’s efforts in recycling and resource recovery are also aligned with the circular economy principles, as it strives to create a sustainable supply chain for battery materials. As demand for electric vehicles (EVs) and renewable energy storage systems continues to rise, ABTC is well-positioned to meet the increasing need for sustainable solutions in the battery industry. Its innovations in resource extraction and recycling also offer a critical answer to the challenges of securing a reliable supply of raw materials needed for energy transition technologies. ABTC’s commitment to sustainability and its strategic focus on key materials make it an important player in shaping the future of the green energy sector.

6. East Penn Manufacturing

East Penn Manufacturing is a leading manufacturer of advanced lead-acid batteries and energy storage solutions. The company offers a wide range of products, including batteries for automotive, industrial, and renewable energy applications. East Penn has built a strong reputation for producing high-quality, durable batteries that support critical infrastructure across several industries. With a focus on innovation and sustainability, the company is committed to advancing battery technology and recycling efforts. East Penn operates a closed-loop system for its lead-acid batteries, ensuring that used batteries are safely collected, recycled, and reused to create new products. This not only helps reduce waste but also conserves valuable resources, making East Penn a key player in the circular economy. The company is also focused on expanding its capabilities in energy storage systems, a crucial area in the transition to renewable energy. As the demand for renewable energy solutions grows, East Penn is investing in new technologies and manufacturing processes to ensure the continued development of reliable and environmentally friendly energy storage products. With a reputation for quality and environmental responsibility, East Penn is poised to play a leading role in the future of energy storage and battery manufacturing.

7. RecycLiCo Battery Materials Inc.

RecycLiCo Battery Materials Inc. is an innovative company focused on the development of sustainable solutions for the recycling and extraction of valuable materials from lithium-ion batteries. The company has developed a proprietary hydrometallurgical process that allows for the efficient extraction of key materials, including lithium, cobalt, nickel, and manganese, from spent batteries. This technology is aimed at addressing the growing challenge of managing battery waste, as demand for electric vehicles and energy storage systems continues to rise. RecycLiCo’s process is designed to be environmentally friendly, offering a safer and more efficient alternative to traditional methods of recycling, which often involve high levels of energy consumption and environmental pollution. By recovering these valuable materials, the company plays a crucial role in the circular economy, reducing the need for mining and ensuring that essential resources are reused in the production of new batteries. RecycLiCo’s approach supports the transition to a more sustainable future, where the lifecycle of batteries is carefully managed to minimise waste and environmental impact. The company’s innovations are expected to help meet the increasing demand for lithium-ion batteries while ensuring that the materials needed for their production are sourced responsibly. With its commitment to innovation and sustainability, RecycLiCo is well-positioned to become a key player in the battery recycling and materials recovery sector.

8. Ganfeng Lithium Group Co., Ltd

Ganfeng Lithium Group is one of the largest lithium producers in the world, specialising in the production of lithium-based products used in a wide range of industries, including electric vehicles, consumer electronics, and energy storage systems. The company’s operations cover the entire lithium supply chain, from mining and extraction to processing and recycling, ensuring a stable and sustainable supply of lithium for its customers. As demand for electric vehicles and renewable energy solutions continues to grow, Ganfeng has become a critical player in the global battery market, supplying lithium to major manufacturers of lithium-ion batteries. The company has made significant investments in both mining projects and technology development to ensure it can meet the growing demand for this essential material. Additionally, Ganfeng is actively involved in the development of sustainable lithium extraction methods, with a focus on minimising environmental impact and improving resource efficiency. The company’s efforts to improve its environmental practices and invest in recycling technologies position it as a leader in the transition to a low-carbon economy, supporting the global shift towards clean energy and sustainable transportation solutions. Through its commitment to innovation, sustainability, and resource management, Ganfeng Lithium continues to be a key player in the global lithium supply chain.

9. Exide Industries Limited

Exide Industries is one of the leading manufacturers of lead-acid batteries in India and a significant player in the global battery market. The company offers a wide range of battery solutions, including automotive, industrial, and renewable energy applications. Exide is known for its high-quality products and commitment to innovation, ensuring that its batteries are designed to meet the evolving needs of industries such as automotive, telecommunications, and power generation. The company also plays a key role in promoting sustainability, with a strong focus on battery recycling. Exide operates a comprehensive battery recycling programme, which helps recover valuable materials such as lead and sulfuric acid, ensuring that used batteries are responsibly managed and reintegrated into the supply chain. In addition to its traditional lead-acid battery business, Exide is expanding into new areas, such as energy storage solutions for renewable energy systems, contributing to the transition towards clean energy. With its extensive manufacturing capabilities, research and development initiatives, and commitment to environmental responsibility, Exide Industries remains a major player in the global battery market, helping to power industries and communities around the world.

10. EnerSys

EnerSys is a global leader in the design and manufacturing of stored energy solutions, specialising in advanced battery technologies for a range of industries, including transportation, telecommunications, and energy. The company produces a wide variety of products, including batteries, chargers, and related equipment, to support applications in both the industrial and commercial sectors. EnerSys is particularly well-known for its high-performance lead-acid and lithium-ion batteries, which are used in critical applications such as uninterruptible power supplies (UPS), energy storage systems, and material handling. As the demand for renewable energy solutions and electric vehicles continues to rise, EnerSys has been expanding its portfolio to include more sustainable and efficient battery technologies, including those that support clean energy initiatives. The company’s focus on innovation, reliability, and sustainability has helped it establish a strong presence in the energy storage market, where it provides solutions that enable businesses and industries to manage energy more effectively and reduce their carbon footprint. EnerSys is committed to advancing its technology to meet the needs of a rapidly changing energy landscape, positioning itself as a key player in the global transition to renewable energy.

11. Call2Recycle

Call2Recycle is a nonprofit organisation dedicated to promoting the safe recycling of batteries across North America. With an extensive network of collection points and drop-off locations, Call2Recycle provides consumers with an easy way to recycle used batteries, including those found in electronics, power tools, and electric vehicles. The organisation plays a critical role in managing battery waste and reducing the environmental impact of improper disposal, such as landfilling or incineration. Through its efforts, Call2Recycle helps recover valuable materials such as nickel, lithium, and cobalt, which can be reused in the production of new batteries. By raising awareness and providing convenient recycling solutions, Call2Recycle supports the transition to a circular economy, where materials are kept in use for as long as possible. The organisation works closely with manufacturers, retailers, and consumers to create a sustainable, responsible system for managing battery waste, ensuring that batteries are recycled in an environmentally sound manner. Call2Recycle’s efforts also contribute to reducing the environmental impact of battery production, as recycling helps to limit the need for new raw materials. Through its commitment to sustainability and responsible recycling practices, Call2Recycle plays a vital role in supporting the green energy transition and reducing the ecological footprint of batteries.

12. Gravita India Ltd.

Gravita India Ltd. is a prominent company in the field of lead recycling and the production of lead-based products. The company is a key player in the circular economy, focusing on sustainable resource management by recovering lead and other materials from end-of-life batteries and industrial scrap. Gravita operates one of the largest lead recycling plants in India and has expanded its footprint internationally with several recycling facilities across Africa and South America. The company’s core business involves the processing of lead-acid batteries, where it recycles lead to produce high-quality lead ingots used in manufacturing new batteries, cables, and other lead-based products. Gravita’s commitment to sustainable practices extends beyond battery recycling; it also focuses on the environmental impact of its operations by employing advanced technologies and strict environmental management systems. Through its efforts to recycle lead, Gravita reduces the demand for mining and helps prevent the environmental hazards associated with improper disposal of lead batteries. In addition to its lead recycling operations, Gravita also manufactures a range of eco-friendly products, including aluminium, plastic, and petroleum products, contributing to a more sustainable and resource-efficient world. Gravita’s efforts in sustainability and innovation position it as a key player in the global recycling industry, particularly in the context of growing concerns over battery waste and the need for responsible material recovery.

13. Cirba Solutions

Cirba Solutions is a leading company in the field of sustainable waste management and battery recycling. The company focuses on providing advanced recycling solutions for used lithium-ion and lead-acid batteries, which are essential components of electric vehicles, consumer electronics, and energy storage systems. Cirba Solutions operates a state-of-the-art recycling facility designed to efficiently recover valuable materials such as lithium, cobalt, nickel, and copper from spent batteries. These materials are then reintegrated into the supply chain to produce new batteries, helping to reduce the environmental impact of raw material extraction and contributing to a more circular economy. Through its innovative processes, Cirba Solutions not only helps address the growing issue of battery waste but also ensures that the materials recovered from batteries are reused in a sustainable and environmentally responsible manner. The company’s commitment to reducing the carbon footprint of battery production and disposal makes it an important player in the transition to a green energy future. Cirba Solutions continues to invest in research and development to advance recycling technologies and improve the efficiency of its operations, with a focus on enhancing the recovery rates of critical materials and reducing energy consumption.

14. Gopher Resource

Gopher Resource is a leading recycler of lead-acid batteries, with a focus on providing sustainable solutions for battery waste management. The company’s operations centre around the safe and efficient recycling of lead-acid batteries, recovering valuable materials such as lead and sulfuric acid. These materials are then reused in the production of new batteries, reducing the need for mining and contributing to the circular economy. Gopher Resource’s recycling process also minimises environmental impact by ensuring that harmful substances are safely handled and that the recycling process complies with rigorous environmental standards. The company operates several state-of-the-art recycling facilities across the United States and is continuously improving its operations to increase efficiency and reduce its environmental footprint. Gopher Resource plays a vital role in helping industries and consumers manage battery waste, promoting sustainability and resource conservation. Its efforts in battery recycling support the growing demand for sustainable energy solutions, including electric vehicles and renewable energy storage systems. As the demand for battery recycling increases, Gopher Resource continues to be a key player in the waste management and materials recovery sector.

15. Aqua Metals

Aqua Metals is a pioneering company in the field of battery recycling, with a focus on providing innovative, environmentally friendly solutions for the recovery of lead from used lead-acid batteries. The company has developed a unique, water-based recycling technology known as AquaRefining, which is designed to be cleaner, safer, and more efficient than traditional methods of lead recovery. AquaRefining uses an electrochemical process to extract pure lead from used batteries, eliminating the need for high-temperature smelting, which is typically associated with significant air pollution and energy consumption. The company’s technology allows for the recovery of high-quality lead that can be reused in the production of new batteries, supporting the circular economy and reducing the need for mining. Aqua Metals is committed to advancing the sustainability of the battery industry by providing scalable, environmentally responsible solutions for battery recycling. The company’s innovative approach to recycling also contributes to reducing the environmental impact of lead production, making it a leader in the push towards more sustainable and efficient resource management. As demand for electric vehicles and energy storage systems increases, Aqua Metals is well-positioned to play a key role in the growing battery recycling market.