In 2019, the global Li-ion battery recycling market was worth about 1.3 billion U.S. dollars, and its size is expected to reach some 11 billion U.S. dollars by 2027. Between 2020 and 2027, the market size of this sector was projected to grow at a compound annual growth rate of around 32 percent.
Size of the global market for lithium-ion battery recycling in 2019 with forecasts for 2020 to 2027
(in billion U.S. dollars)
* Forecast.
For the Statista estimate an exponential development of the values between 2020 and 2027 was assumed to estimate the annual values. The values for 2020 and 2027 were provided by the source.
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Statista. (June 22, 2021). Size of the global market for lithium-ion battery recycling in 2019 with forecasts for 2020 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/statistics/1103263/li-ion-battery-recycling-market-size/
Statista. "Size of the global market for lithium-ion battery recycling in 2019 with forecasts for 2020 to 2027 (in billion U.S. dollars)." Chart. June 22, 2021. Statista. Accessed May 28, 2022. https://www.statista.com/statistics/1103263/li-ion-battery-recycling-market-size/
Statista. (2021). Size of the global market for lithium-ion battery recycling in 2019 with forecasts for 2020 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/statistics/1103263/li-ion-battery-recycling-market-size/
Statista. "Size of The Global Market for Lithium-ion Battery Recycling in 2019 with Forecasts for 2020 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jun 2021, https://www.statista.com/statistics/1103263/li-ion-battery-recycling-market-size/
Statista, Size of the global market for lithium-ion battery recycling in 2019 with forecasts for 2020 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1103263/li-ion-battery-recycling-market-size/ (last visited May 28, 2022)
