Global Recycled Cobalt Market Growth 2026-2032
Description
The global Recycled Cobalt market size is predicted to grow from US$ 1722 million in 2025 to US$ 4028 million in 2032; it is expected to grow at a CAGR of 13.2% from 2026 to 2032.
Cobalt is a strategic metal and an important raw material for the production of anti-corrosion alloys, heat-resistant alloys, magnetic alloys, and hard alloys. Regenerated cobalt refers to the repurification and processing of waste cobalt through a series of treatments to make it reusable. Regenerated cobalt has the advantages of low production cost, environmental protection, and simple production process, and has broad application prospects in the fields of batteries, cobalt alloys, and cobalt magnetic materials.
In 2016, Amnesty International, a US human rights organization, claimed that some companies, including Apple, Samsung Electronics, Sony, and Microsoft, purchased cobalt from producers who used minors to mine cobalt, which brought huge negative impacts to technology companies. Since then, a large number of technology companies have begun to make their supply chains transparent to verify that the cobalt they use comes from regular manufacturers. Recycled cobalt has received a lot of attention due to its completely green production. Apple announced that by 2025, all Apple-designed batteries will use 100% recycled cobalt. At the same time, with the rapid expansion of the electric vehicle (EV) industry, especially in the context of the global transition to renewable energy, the demand for cobalt as a key material in lithium-ion batteries has increased significantly. The application of recycled cobalt can effectively alleviate the problems of supply chain tension and insufficient cobalt resources in China.In 2019, the global production of recycled cobalt was about 16,460 metal metric tons, of which cobalt from lithium battery waste accounted for 68.61%.It is estimated that in 2030, the global production of recycled cobalt will be 98,324 metal metric tons, with a compound annual growth rate of 9.86% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Recycled Cobalt Industry Forecast” looks at past sales and reviews total world Recycled Cobalt sales in 2025, providing a comprehensive analysis by region and market sector of projected Recycled Cobalt sales for 2026 through 2032. With Recycled Cobalt sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Cobalt industry.
This Insight Report provides a comprehensive analysis of the global Recycled Cobalt landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recycled Cobalt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Recycled Cobalt market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Cobalt 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 Recycled Cobalt.
This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Cobalt market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Sources of Used Batteries
Sources of Cobalt Alloy Waste
Other
Segmentation by Process:
Pyrometallurgical Recycling
Hydrometallurgical Recycling
Segmentation by Product Form:
Cobalt Intermediates
Battery-Grade Cobalt Salts
Cathode Materials or Precursors
Segmentation by Application:
Automotive Power Battery
Consumer Electronics Battery
Alloy
Other
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 analysing the company's coverage, product portfolio, its market penetration.
GEM Co.，Ltd
Huayou Holding Group
CNGR Advanced Material
BRUNP RECYCLING
Miracle Automation Engineering
Redwood Materials
Umicore
Guangdong Guanghua Sci-Tech
Ganzhou Highpower Technology
TES
Key Questions Addressed in this Report
What is the 10-year outlook for the global Recycled Cobalt market?
What factors are driving Recycled Cobalt market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Recycled Cobalt market opportunities vary by end market size?
How does Recycled Cobalt break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Cobalt is a strategic metal and an important raw material for the production of anti-corrosion alloys, heat-resistant alloys, magnetic alloys, and hard alloys. Regenerated cobalt refers to the repurification and processing of waste cobalt through a series of treatments to make it reusable. Regenerated cobalt has the advantages of low production cost, environmental protection, and simple production process, and has broad application prospects in the fields of batteries, cobalt alloys, and cobalt magnetic materials.
In 2016, Amnesty International, a US human rights organization, claimed that some companies, including Apple, Samsung Electronics, Sony, and Microsoft, purchased cobalt from producers who used minors to mine cobalt, which brought huge negative impacts to technology companies. Since then, a large number of technology companies have begun to make their supply chains transparent to verify that the cobalt they use comes from regular manufacturers. Recycled cobalt has received a lot of attention due to its completely green production. Apple announced that by 2025, all Apple-designed batteries will use 100% recycled cobalt. At the same time, with the rapid expansion of the electric vehicle (EV) industry, especially in the context of the global transition to renewable energy, the demand for cobalt as a key material in lithium-ion batteries has increased significantly. The application of recycled cobalt can effectively alleviate the problems of supply chain tension and insufficient cobalt resources in China.In 2019, the global production of recycled cobalt was about 16,460 metal metric tons, of which cobalt from lithium battery waste accounted for 68.61%.It is estimated that in 2030, the global production of recycled cobalt will be 98,324 metal metric tons, with a compound annual growth rate of 9.86% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Recycled Cobalt Industry Forecast” looks at past sales and reviews total world Recycled Cobalt sales in 2025, providing a comprehensive analysis by region and market sector of projected Recycled Cobalt sales for 2026 through 2032. With Recycled Cobalt sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Cobalt industry.
This Insight Report provides a comprehensive analysis of the global Recycled Cobalt landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recycled Cobalt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Recycled Cobalt market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Cobalt 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 Recycled Cobalt.
This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Cobalt market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Sources of Used Batteries
Sources of Cobalt Alloy Waste
Other
Segmentation by Process:
Pyrometallurgical Recycling
Hydrometallurgical Recycling
Segmentation by Product Form:
Cobalt Intermediates
Battery-Grade Cobalt Salts
Cathode Materials or Precursors
Segmentation by Application:
Automotive Power Battery
Consumer Electronics Battery
Alloy
Other
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 analysing the company's coverage, product portfolio, its market penetration.
GEM Co.，Ltd
Huayou Holding Group
CNGR Advanced Material
BRUNP RECYCLING
Miracle Automation Engineering
Redwood Materials
Umicore
Guangdong Guanghua Sci-Tech
Ganzhou Highpower Technology
TES
Key Questions Addressed in this Report
What is the 10-year outlook for the global Recycled Cobalt market?
What factors are driving Recycled Cobalt market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Recycled Cobalt market opportunities vary by end market size?
How does Recycled Cobalt break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
91 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Recycled Cobalt by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Recycled Cobalt by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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