배터리 재활용용 첨단 재료 시장 예측(-2032년) : 재료별, 배터리원별, 기술별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Advanced Materials for Battery Recycling Market is accounted for $2.87 billion in 2025 and is expected to reach $7.64 billion by 2032 growing at a CAGR of 15.0% during the forecast period. Advanced materials are becoming essential in modern battery recycling by elevating recovery efficiency, reducing costs, and supporting sustainable resource management. These materials streamline the extraction and refinement of lithium, cobalt, nickel, and other key metals through advanced sorbents, selective membranes, innovative solvents, and optimized catalytic systems. Their contribution helps lower processing emissions, boost metal purity, and minimize waste generation. Growing EV adoption, global sustainability commitments, and pressure to decrease dependence on raw mineral mining are accelerating their use. With continuous advancements in recycling technologies, these materials strengthen circularity within the battery ecosystem and pave the way for cleaner, more scalable recycling operations.

According to the U.S. Department of Energy (DOE), in 2023 the United States had domestic battery recycling facilities capable of reclaiming more than 35,500 tons of battery materials, underscoring the scale of advanced material recovery already underway.

Market Dynamics:

Driver:

Growing adoption of electric vehicles (EVs)

Surging electric vehicle deployment worldwide is a major factor accelerating the Advanced Materials for Battery Recycling Market. As EV manufacturing expands, used lithium-ion batteries are accumulating faster, increasing the need for advanced recycling technologies. High-efficiency materials-such as advanced membranes, tailored catalysts, and selective extraction compounds-help raise recovery rates while minimizing environmental effects and processing expenses. Supportive policies, government incentives, and strong carbon-neutrality goals further encourage recycling innovation. With rising dependence on critical minerals for EV batteries, advanced materials ensure consistent resource availability and promote a circular flow of battery components. This combination of technological and regulatory forces solidifies EV growth as a key market driver.

Restraint:

High cost of advanced materials and technologies

The elevated cost of advanced materials and the technologies needed to support them represents a key limitation for the market. High-performance catalysts, selective separation membranes, and specialized solvents require complex production processes that drive up prices. These material-related expenses significantly increase operating costs for recycling companies, creating challenges for smaller facilities with limited budgets. Upgrading recycling systems to incorporate these materials also demands additional capital investment, specialized workforce training, and ongoing equipment upkeep. Since profit margins in battery recycling are often tight, financial constraints hinder widespread adoption. This cost-related obstacle delays broader use of advanced recycling materials and limits overall market expansion.

Opportunity:

Growing adoption of direct recycling and next-generation technologies

Expanding use of direct recycling and emerging battery recovery technologies creates strong opportunities for advanced material manufacturers. Direct recycling maintains cathode integrity, requiring unique rejuvenation chemicals, high-precision solvents, advanced coatings, and tailored binding agents. As the industry shifts toward cleaner, lower-energy recycling models, demand for specialized materials that support these techniques will grow. These technologies help improve metal recovery, reduce costs, and enhance sustainability performance. Increasing research activity, government funding, and pilot-scale innovations further accelerate adoption. This transition allows advanced material providers to collaborate with technology developers, introduce novel solutions, and secure competitive advantages in the evolving recycling landscape.

Threat:

Competition from low-cost conventional recycling methods

Low-cost, established recycling approaches represent a strong competitive threat to advanced materials. Many recyclers continue to rely on traditional hydrometallurgical or pyrometallurgical systems because they involve lower capital requirements and simpler operational setups. In contrast, advanced materials require upgraded machinery, controlled environments, and higher spending, making adoption less appealing. Consequently, recyclers often choose cheaper conventional methods even if they offer lower efficiency or sustainability benefits. This slows the shift toward advanced, material-driven solutions and restricts market penetration. Continued preference for older recycling technologies undermines innovation, limits adoption of next-generation materials, and reduces long-term growth potential for advanced material providers.

Covid-19 Impact:

The COVID-19 pandemic produced both challenges and growth pathways for the Advanced Materials for Battery Recycling Market. During early phases, global logistics disruptions, factory shutdowns, and labor shortages slowed production of high-performance catalysts, membranes, and specialized extraction materials. This limited availability affected recycling operations and delayed modernization efforts. Yet, the crisis also strengthened long-term momentum as many countries adopted green recovery strategies and emphasized circular resource management. Post-pandemic surges in electric vehicle adoption expanded the pool of end-of-life batteries, boosting demand for efficient recycling materials. Despite the temporary setbacks, COVID-19 ultimately increased awareness of sustainable battery processing and highlighted the market's strategic importance.

The lithium segment is expected to be the largest during the forecast period

The lithium segment is expected to account for the largest market share during the forecast period. Lithium features in virtually all major battery chemistries for EVs and portable devices, making its reclamation extremely valuable. As a result, cutting-edge materials such as high-selectivity solvents, specialized membranes, and tailored adsorbents are often designed with lithium recovery in mind. Recycling companies prioritize lithium because of its widespread use and economic importance, meaning a substantial share of the advanced recycling-material industry is dedicated to recovering lithium efficiently.

The direct recycling segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the direct recycling segment is predicted to witness the highest growth rate because it enables retention of the original cathode composition, allowing materials to be restored rather than fully reprocessed. This method depends on advanced materials including rejuvenation chemicals, precision-grade solvents, engineered coatings, and specialized binders that rebuild usable battery components. Since direct recycling uses less energy, produces fewer emissions, and generates higher-value output, it is increasingly preferred by manufacturers seeking sustainable and economical recycling pathways. Growing research programs, technological innovation, and industry partnerships further accelerate its adoption. As a result, direct recycling expands more rapidly than hydrometallurgical, pyrometallurgical, and mechanical methods.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share. This leadership arises from the region's strong battery production base, rapid EV growth, and ambitious environmental policies. Key countries - notably China, Japan, South Korea, and India - are investing heavily in recycling infrastructure and cutting-edge material recovery technologies. As they produce vast quantities of batteries, they also generate abundant end-of-life units for recycling. Demand for advanced sorbents, engineered membranes, and high-efficiency catalysts are particularly high in this region, fueling both local innovation and contributing to broader circular-economy goals in the battery value chain.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR due to rising electric vehicle demand, supportive government policies, and rapid scaling of recycling operations. Both the U.S. and Canada are channeling investments into advanced material-recovery technologies that improve extraction precision and reduce processing costs. The region's push to cut reliance on imported critical minerals heightens adoption of high-performance membranes, catalysts, selective solvents, and separation materials. Strong partnerships among recyclers, OEMs, and research bodies stimulate technological progress. With expanding EV deployment and stricter circular-economy targets, North America is positioned as the market's most rapidly growing region.

Key players in the market

Some of the key players in Advanced Materials for Battery Recycling Market include Contemporary Amperex Technology Co., Limited (CATL), GEM Co., Ltd., Umicore, Glencore, Fortum, Aqua Metals, Inc., DOE Run Company, East Penn Manufacturing Company, Redwood Materials, Li-Cycle, American Battery Technology Company, Ganfeng Lithium Group Co., Ltd, Attero Recycling Pvt. Ltd., Nickel Asia Corporation and Retriev Technologies.

Key Developments:

In November 2025, Contemporary Amperex Technology Co., Limited and Beijing HyperStrong Technology Co., Ltd. have signed a Strategic Cooperation Agreement, marking a new milestone in their long-term partnership. According to the agreement, HyperStrong will procure no less than 200 GWh of battery cells from CATL, laying a solid foundation for the large-scale deployment of its global energy storage business.

In March 2025, Umicore has entered into two separate agreements for the supply of precursor cathode active materials (pCAM) for electric vehicle batteries with CNGR and Eco&Dream Co. (E&D). The pCAM, a critical component of EV batteries, will cater to Umicore's customer contracts in North America and Asia.

In November 2024, GEM Co and Vale's Indonesian unit signed an agreement to build a $1.42-billion nickel plant in the Southeast Asian nation, highlighting the country's drive to boost processing. The two companies signed a framework agreement for a high-pressure acid leach facility on Sunday, GEM said in a filing. The project on Sulawesi island will process nickel laterite ore from the Vale unit into 66,000 tons of mixed hydroxide precipitate annually. That's a form of nickel aimed at automakers.

Materials Covered:

• Lithium
• Cobalt
• Nickel
• Manganese
• Graphite
• Rare Earth Elements

Battery Sources Covered:

• Electric Vehicle (EV) Batteries
• Portable Electronics Batteries
• Stationary / Industrial Batteries

Technologies Covered:

• Hydrometallurgical
• Pyrometallurgical
• Mechanical
• Direct Recycling

End Users Covered:

• Automotive OEMs
• Energy Storage Providers
• Consumer Electronics Manufacturers
• Industrial Equipment & Robotics

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Advanced Materials for Battery Recycling Market, By Material

• 5.1 Introduction
• 5.2 Lithium
• 5.3 Cobalt
• 5.4 Nickel
• 5.5 Manganese
• 5.6 Graphite
• 5.7 Rare Earth Elements

6 Global Advanced Materials for Battery Recycling Market, By Battery Source

• 6.1 Introduction
• 6.2 Electric Vehicle (EV) Batteries
• 6.3 Portable Electronics Batteries
• 6.4 Stationary / Industrial Batteries

7 Global Advanced Materials for Battery Recycling Market, By Technology

• 7.1 Introduction
• 7.2 Hydrometallurgical
• 7.3 Pyrometallurgical
• 7.4 Mechanical
• 7.5 Direct Recycling

8 Global Advanced Materials for Battery Recycling Market, By End User

• 8.1 Introduction
• 8.2 Automotive OEMs
• 8.3 Energy Storage Providers
• 8.4 Consumer Electronics Manufacturers
• 8.5 Industrial Equipment & Robotics

9 Global Advanced Materials for Battery Recycling Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Contemporary Amperex Technology Co., Limited (CATL)
• 11.2 GEM Co., Ltd.
• 11.3 Umicore
• 11.4 Glencore
• 11.5 Fortum
• 11.6 Aqua Metals, Inc.
• 11.7 DOE Run Company
• 11.8 East Penn Manufacturing Company
• 11.9 Redwood Materials
• 11.10 Li-Cycle
• 11.11 American Battery Technology Company
• 11.12 Ganfeng Lithium Group Co., Ltd
• 11.13 Attero Recycling Pvt. Ltd.
• 11.14 Nickel Asia Corporation
• 11.15 Retriev Technologies