UK Electric Vehicle (ev) Battery Recycling Market Size & Outlook

The electric vehicle (ev) battery recycling market in UK is expected to reach a projected revenue of US$ 347.2 million by 2030. A compound annual growth rate of 61.9% is expected of UK electric vehicle (ev) battery recycling market from 2024 to 2030.
Revenue, 2023 (US$M)
$11.9
Forecast, 2030 (US$M)
$347.2
CAGR, 2024 - 2030
61.9%
Report Coverage
UK

UK electric vehicle (ev) battery recycling market, 2018-2030 (US$M)

UK

UK electric vehicle (ev) battery recycling market highlights

  • The UK electric vehicle (ev) battery recycling market generated a revenue of USD 11.9 million in 2023 and is expected to reach USD 347.2 million by 2030.
  • The UK market is expected to grow at a CAGR of 61.9% from 2024 to 2030.
  • In terms of segment, lithium ion was the largest revenue generating application in 2023.
  • Lithium ion is the most lucrative application segment registering the fastest growth during the forecast period.


Electric vehicle (ev) battery recycling market data book summary

Market revenue in 2023USD 11.9 million
Market revenue in 2030USD 347.2 million
Growth rate61.9% (CAGR from 2023 to 2030)
Largest segmentLithium ion
Fastest growing segmentLithium ion
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLithium ion, Lead Acid
Key market players worldwideGFL Environmental Inc, EXIDE Industries, Battery Solutions, Gopher Resource, Ecobat, East Penn Manufacturing Co, Retriev Technologies, Com2 Recycling Solutions, Call2Recycle, Gravita India Ltd


Other key industry trends

  • In terms of revenue, UK accounted for 3.3% of the global electric vehicle (ev) battery recycling market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany electric vehicle (ev) battery recycling market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 131.2 million by 2030.

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Electric Vehicle (EV) Battery Recycling Market Scope

Electric Vehicle (EV) Battery Recycling Market Companies

Name Profile # Employees HQ Website

UK electric vehicle (ev) battery recycling market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric vehicle (ev) battery recycling market will help companies and investors design strategic landscapes.


Lithium ion was the largest segment with a revenue share of 60.5% in 2023. Horizon Databook has segmented the UK electric vehicle (ev) battery recycling market based on lithium ion, lead acid covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of electric vehicle (ev) battery recycling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK electric vehicle (ev) battery recycling market , including forecasts for subscribers. This country databook contains high-level insights into UK electric vehicle (ev) battery recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK electric vehicle (ev) battery recycling market size, by application, 2018-2030 (US$M)

UK Electric Vehicle (EV) Battery Recycling Market Outlook Share, 2023 & 2030 (US$M)

UK electric vehicle (ev) battery recycling market size, by application, 2018-2030 (US$M)

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