Li-ion Battery Recycling Market Size, Share, By Battery Chemistry (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Manganese Oxide, Lithium Nickel Cobalt Aluminum Oxide, Lithium Nickel Manganese Cobalt Oxide), By Source (Electric Vehicles (EVs), Electronics, Power Tools, Others), By Recycling Process (Hydrometallurgical Process, Pyrometallurgical Process, Physical/Mechanical Process), By End-Use (Automotive, Industrial, Consumer Electronics, and Others), and By Region - Trends, Analysis and Forecast till 2034

The Li-ion Battery Recycling Market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. 

Europe emerges as a forerunner in the global Li-ion battery recycling industry, owing to government legislation and strong attempts to promote circular economies. A shift toward more sustainable operations and a decrease in raw material imports have fueled the recycling business.

Asia Pacific is the fastest-growing Li-ion battery recycling market, thanks to the robust electronic and automotive sectors in countries such as China, Japan, and South Korea. High populations and rapid industrialization drive up the need for battery recycling in this region.