Battery recycling capacity worldwide was estimated at 450 gigawatts-hour in 2024, up 32 percent year-over-year. By 2030, this figure is expected to more than triple, reaching 1,550 gigawatts-hours. China is by far the largest battery recycling market, accounting for 75 percent of capacity in 2024.
Estimated battery recycling capacity worldwide from 2023 to 2030, by region
(in gigawatt hours)
Based on announcements at the time of publication.
Supplementary notes
Recycling capacity refers to material recovery. A maximum utilization factor of 85 percent and an average cell energy density of 180 Wh/kg are assumed.
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IEA. (March 15, 2024). Estimated battery recycling capacity worldwide from 2023 to 2030, by region (in gigawatt hours) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1495719/global-battery-recycling-capacity-by-region/
IEA. "Estimated battery recycling capacity worldwide from 2023 to 2030, by region (in gigawatt hours)." Chart. March 15, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1495719/global-battery-recycling-capacity-by-region/
IEA. (2024). Estimated battery recycling capacity worldwide from 2023 to 2030, by region (in gigawatt hours). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1495719/global-battery-recycling-capacity-by-region/
IEA. "Estimated Battery Recycling Capacity Worldwide from 2023 to 2030, by Region (in Gigawatt Hours)." Statista, Statista Inc., 15 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1495719/global-battery-recycling-capacity-by-region/
IEA, Estimated battery recycling capacity worldwide from 2023 to 2030, by region (in gigawatt hours) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1495719/global-battery-recycling-capacity-by-region/ (last visited November 13, 2024)
Estimated battery recycling capacity worldwide from 2023 to 2030, by region (in gigawatt hours) [Graph], IEA, March 15, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1495719/global-battery-recycling-capacity-by-region/
