Exploring Top 10 companies in the Global Battery Recycling Market by Intellectual Market Insights Research

Published Date : 2024-Feb-09

Battery Recycling Market Key Players Analysis: Li-Cycle, ACCUREC-Recycling GmbH, AkkuSer, American Battery Technology Company, EnerSys, Green Li-ion, Redwood Materials, Inc., Exide Industries Limited (Exide), RecycLiCo Battery Materials, Stena Metall AB And More.

According to a new report by Intellectual Market Insights Research on Global Battery Recycling Market size was valued at USD 16.96 Billion in 2021 and is projected to reach USD 25.98 Billion by 2028, growing at a CAGR of 5.63% from 2021 to 2028.

Global Battery Recycling Market Size, Share & Trends Analysis Report By Chemistry, By Source, By Application, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, Till 2028.

Get Insight: https://www.intellectualmarketinsights.com/report/battery-recycling-market-size/imi-000699


  1. Li-Cycle

Founded: 2016

Headquarters: Ontario, Canada

Website: https://li-cycle.com

About Us: Li-Cycle is a biogeochemical company and leading player in the field of lithium-ion battery recycling, specializing in providing sustainable solutions for end-of-life batteries. Li-Cycle has emerged as a global leader in addressing the growing demand for efficient and environmentally friendly battery recycling. Li-Cycle adheres to stringent quality and environmental standards, holding certifications such as ISO 14001 for environmental management and ISO 9001 for quality management. The company is committed to regulatory compliance and works closely with government agencies and industry stakeholders to ensure responsible recycling practices.

Li-Cycle's revenue for 2022 was listed at US$ 4 Billion and company had nearly 13,000 employees.


  1. ACCUREC-Recycling GmbH

Founded: 1995

Headquarters: Krefeld, Nordrhein-Westfalen

Website: http://accurec.de

About Us: ACCUREC-Recycling GmbH has developed and installed and steadily improved the best available battery recycling technologies for 20 years. Accurec has emerged as a global leader in addressing the growing demand for efficient and environmentally friendly battery recycling.

The company had nearly 51-200 employees and had revenue of US$ 21.9 million.


  1. AkkuSer

Founded: 2005

Headquarters: Nivala, Finland

Website: http://www.akkuser.fi

About Us: AkkuSer is a battery recycling company located Finland. We recycle spent portable batteries into new raw materials. We recycle the spent portable batteries with ‘Dry-Technology’ – a mechanical battery recycling method developed by AkkuSer. Our processes, expertise and experience enable the safe and efficient battery recycling. We provide recycling services for both mixed portable batteries and pre-sorted Li-ion batteries. In addition to Li-ion batteries, also alkaline and Ni-Mh batteries are recycled at our facility. The outputs from our processes containing valuable and even critical metals are delivered for reuse.

The company had nearly 11-50 employees and had revenue of US$ 6.1 Million.


  1. American Battery Technology Company

Founded: 2011

Headquarters: United States

Website: https://americanbatterytechnology.com

About Us: American Battery Technology Company, formerly American Battery Metals Corporation, is a US-based battery recycling technology startup. It employs a hydrometallurgical process to recycle batteries and a targeted extraction system to extract raw materials from primary resources.

In 2019, the company was selected as winner of BASF’s Battery Recycling Circularity Challenge, allowing for the demonstration of its lithium-ion battery recycling technology as part of the Greentown Labs accelerator program.

Company had revenue for 2022 was listed at US$ 59.8 Million and company had nearly 100 employees.


  1. EnerSys

Founded: 1999

Headquarters: Reading, Pennsylvania, US

Website: https://www.enersys.com/en

About Us: EnerSys is battery recycling company and technology provider for industrial applications. The company manufactures reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure systems.

EnerSys provides aftermarket and customer support services to customers from over 100 countries.

Company had revenue for 2022 was listed at US$ 3.4 Billion and company had nearly 9000 employees.


  1. Green Li-ion

Founded: 2020

Headquarters: 83 Kim Yam Road, Singapore

Website: https://www.greenli-ion.com

About Us:  Green Li-ion is battery recycling company and re-manufacturing comoany. Established as a world leader in technology for the re-manufacturing of spent energy storage material and with aspirations to save the planet one spent battery at a time; we are proud to have investment and partnership from some of the world’s best that share our vision.      

Green Li-ion's Green-HydrorejuventationTM Technology are modules which we install and licence to recyclers, battery OEM's and cathode producers.

The company had nearly 50-200 employees and had revenue of US$ 20.5 Million.


  1. Redwood Materials, Inc.

Founded: 2017

Headquarters: Carson City, Nevada, United States            

Website: http://redwoodmaterials.com

About Us: Redwood Materials, Inc. is an American company aims to recycle lithium-ion batteries and produce battery materials for electromobility and electrical storage systems. Redwood then produces strategic battery materials, supplying battery manufacturing partners with anode copper foil and cathode active materials.

Redwood estimated that it was recovering more than 95% of the metals (including nickel, cobalt, lithium, and copper) from end-of-life batteries.

The company had nearly 500 employees and had annual revenue of US$ 145.6 Million.


  1. Exide Industries Limited (Exide)

Founded: 1947

Headquarters: Exide House, Kolkata, West Bengal, India

Website: http://www.exideindustries.com

About Us: Exide Industries Limited (Exide) is an Indian multinational storage battery manufacturing and battery recycling company. It is the largest manufacturer of lead-acid storage batteries and power storage solutions provider in India.

The company has ten international standard factories spread across five states in the country, out of which 8 factories are dedicated to lead-acid batteries and 2 factories manufacture Home UPS Systems.

Exide exports its batteries to more than 60 countries across the globe. It has a strong 95,000+ distributor & dealer / sub-dealer network.

The company had nearly 5500 employees and had revenue of US$ 1.8 Billion.


  1. RecycLiCo Battery Materials

Founded: 1987

Headquarters: Surrey, Canada

Website: https://recyclico.com

About Us: RecycLiCo Battery Materials is an American Renewable Energy Equipment Manufacturing Company. RecycLiCo is battery recycling company and re-manufacturing company.

RecycLiCo recycles up to 99% of cathode metals from li-ion battery scrap and upcycles them to high purity, battery ready materials that developed the RecycLiCo™ patented process. The RecycLiCo™ process is a closed-loop, hydrometallurgical process with minimal processing steps and near 100% extraction of lithium, cobalt, nickel, and manganese from lithium-ion battery waste. From waste to cathode, RecycLiCo creates valuable lithium-ion battery materials, with low environmental impact, for direct integration into the re-manufacturing of new lithium-ion batteries.


  1. Stena Metall AB

Founded: 1939

Headquarters: Gothenburg, Sweden           

Website: https://stenametall.se

About Us: Stena Metall AB is a company in the recycling industry that is also engaged in battery recycling, smelting metals, including aluminium. The recycled material is sold to various companies. The company is considered a major European leader within industrial recycling and has been actively expanding its services within the field of environmental recycling since the early 1990s.

Through Stena Recycling AB, the company collects and processes scrap metal, plastic, paper, e-waste, spent batteries, hazardous waste and chemicals at about 173 sites in seven countries.

The company had nearly 1000 employees.

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