Battery Recycling Market Size to Grow USD 66.6 Billion by 2030 at a CAGR of 19.5% | Valuates Reports
The global battery recycling market size was valued at USD 11.1 Billion in 2020 and is expected to reach USD 66.6 Billion by 2030, registering a CAGR of 19.5% from 2021 to 2030.
- The global battery recycling market size was valued at USD 11.1 Billion in 2020 and is expected to reach USD 66.6 Billion by 2030, registering a CAGR of 19.5% from 2021 to 2030.
- The worldwide battery recycling market is anticipated to expand as a result of elements including governmental restrictions, environmental safety, and public awareness.
- Battery recycling firms start a chemical recycling process after obtaining batteries from their various partners.
- Li-ion battery recycling makes it possible to collect and repurpose such priceless raw materials for the production of new batteries.