Global Black Mass Recycling Market Growth (Status and Outlook) 2025-2031
Description
According to this study, the global Black Mass Recycling market size will reach US$ 37329 million by 2031.
Black Mass Recycling is a process that involves recovering valuable materials—such as lithium, cobalt, nickel, and manganese—from the shredded remains of used lithium-ion batteries, commonly referred to as "black mass." This black mass is produced during the mechanical dismantling of spent batteries and contains a concentrated mix of critical metals in powder form. By using advanced chemical or hydrometallurgical techniques, recycling facilities can extract and purify these metals for reuse in new batteries, supporting a circular economy and reducing the demand for raw material mining. This process is increasingly vital as electric vehicle adoption grows and battery sustainability becomes a global priority.
The market growth of black mass recycling is primarily driven by the rapid expansion of the electric vehicle (EV) industry and the corresponding surge in end-of-life lithium-ion batteries. As demand for critical battery materials—such as lithium, cobalt, nickel, and manganese—intensifies, black mass recycling offers a strategic solution to reduce raw material dependency, mitigate supply chain risks, and lower environmental impact. Regulatory pressures in Europe, North America, and Asia are also accelerating investment in battery recycling infrastructure, with mandates for minimum recycled content and extended producer responsibility. Additionally, rising raw material prices and the push for a circular battery economy are prompting battery manufacturers and OEMs to integrate closed-loop recycling systems, further fueling the development of the black mass recycling market.
LPI (LP Information)' newest research report, the “Black Mass Recycling Industry Forecast” looks at past sales and reviews total world Black Mass Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected Black Mass Recycling sales for 2025 through 2031. With Black Mass Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Black Mass Recycling industry.
This Insight Report provides a comprehensive analysis of the global Black Mass Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Black Mass Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Black Mass Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Black Mass Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Black Mass Recycling.
This report presents a comprehensive overview, market shares, and growth opportunities of Black Mass Recycling market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hydrometallurgy
Pyrometallurgy
Others
Segmentation by Application:
Automotive
Consumer Electronics
Energy Storage
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Li-Cycle
Cirba Solutions
Ascend Elements
Redwood Materials
SungEel HiTech
Please note: The report will take approximately 2 business days to prepare and deliver.
Black Mass Recycling is a process that involves recovering valuable materials—such as lithium, cobalt, nickel, and manganese—from the shredded remains of used lithium-ion batteries, commonly referred to as "black mass." This black mass is produced during the mechanical dismantling of spent batteries and contains a concentrated mix of critical metals in powder form. By using advanced chemical or hydrometallurgical techniques, recycling facilities can extract and purify these metals for reuse in new batteries, supporting a circular economy and reducing the demand for raw material mining. This process is increasingly vital as electric vehicle adoption grows and battery sustainability becomes a global priority.
The market growth of black mass recycling is primarily driven by the rapid expansion of the electric vehicle (EV) industry and the corresponding surge in end-of-life lithium-ion batteries. As demand for critical battery materials—such as lithium, cobalt, nickel, and manganese—intensifies, black mass recycling offers a strategic solution to reduce raw material dependency, mitigate supply chain risks, and lower environmental impact. Regulatory pressures in Europe, North America, and Asia are also accelerating investment in battery recycling infrastructure, with mandates for minimum recycled content and extended producer responsibility. Additionally, rising raw material prices and the push for a circular battery economy are prompting battery manufacturers and OEMs to integrate closed-loop recycling systems, further fueling the development of the black mass recycling market.
LPI (LP Information)' newest research report, the “Black Mass Recycling Industry Forecast” looks at past sales and reviews total world Black Mass Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected Black Mass Recycling sales for 2025 through 2031. With Black Mass Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Black Mass Recycling industry.
This Insight Report provides a comprehensive analysis of the global Black Mass Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Black Mass Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Black Mass Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Black Mass Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Black Mass Recycling.
This report presents a comprehensive overview, market shares, and growth opportunities of Black Mass Recycling market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hydrometallurgy
Pyrometallurgy
Others
Segmentation by Application:
Automotive
Consumer Electronics
Energy Storage
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Li-Cycle
Cirba Solutions
Ascend Elements
Redwood Materials
SungEel HiTech
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
73 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Black Mass Recycling Market Size by Player
- 4 Black Mass Recycling by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global Black Mass Recycling Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
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