Global $15.5 Billion Black Mass Recycling Market Outlook 2026-2035, Featuring Profiles Of Umicore, Glencore, Redwood Materials, Ascend Elements, Cirba Solutions

(MENAFN- GlobeNewsWire - Nasdaq) End-of-Life Batteries, Hydrometallurgical Advances and Closed-Loop Supply Chains Drive Black Mass Recycling Opportunities

Dublin, Aug. 24, 2026 (GLOBE NEWSWIRE) -- The "Black Mass Recycling Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026-2035" has been added to ResearchAndMarkets.com's offering.

The global black mass recycling market was valued at USD 15.5 billion in 2025 and is estimated to grow at a CAGR of 15.2% to reach USD 65 billion by 2035.

The black mass recycling market is experiencing rapid expansion as the battery recycling industry transitions from processing primarily manufacturing waste to managing increasing volumes of end-of-life batteries. This transformation is reshaping the entire recycling value chain, driving improvements in collection systems, material sorting, pre-processing operations, and refining technologies. As battery waste becomes more diverse and technologically advanced, recycling companies are investing in sophisticated recovery processes capable of efficiently handling a broader range of battery chemistries.
The market is evolving beyond its traditional role in waste management and becoming an essential component of the battery materials supply chain by providing valuable secondary raw materials for new battery production. Continuous advancements in recycling technologies are improving recovery rates, material purity, and operational efficiency, enabling recyclers to produce high-quality outputs that meet battery manufacturing requirements. The growing emphasis on circular economy initiatives, resource security, and sustainable battery production is further accelerating market growth. Increasing investments in advanced recycling infrastructure, improvements in material recovery techniques, and rising demand for critical battery minerals are expected to create substantial long-term opportunities for the black mass recycling market throughout the forecast period.

The hydrometallurgical process segment held a 52% share, generating USD 8.1 billion in 2025, and is projected to grow at a CAGR of 15.6% through 2035. This process remains the preferred recycling technology because it delivers high recovery rates for valuable battery materials while producing the purity levels required for battery-grade applications. Continuous improvements in integrated processing technologies are enhancing operational efficiency, reducing processing costs, and simplifying recovery operations. Ongoing research focused on alternative recovery methods is expected to further improve sustainability and resource efficiency while supporting future technological advancements across the industry.

The manufacturing scrap (pre-consumer/gigafactory scrap) segment held a 34% share in 2025. This segment continues to contribute significantly to market revenue due to the consistent quality, uniform composition, and efficient processing characteristics of manufacturing scrap. However, its overall market share is gradually declining as larger volumes of end-of-life batteries enter the recycling stream. At the same time, stable supply from additional battery sources continues to support consistent recycling activity, benefiting from established collection systems and predictable replacement cycles that contribute to reliable feedstock availability.

The North American black mass recycling market accounted for a 16% share in 2025. Regional market expansion is supported by increasing investments in domestic battery recycling infrastructure, a growing emphasis on localized battery material supply chains, and rising electric vehicle production. Expanding recycling capacity, technological innovation, and the growing adoption of closed-loop material recovery systems continue to strengthen the regional market. At the same time, industry participants remain focused on improving operational efficiency, material traceability, and regulatory compliance to support sustainable long-term growth while meeting increasing demand for recycled battery materials.

Major companies operating in the global black mass recycling market include Umicore NV, Glencore plc, Redwood Materials, Inc., Ascend Elements, Inc., Cirba Solutions, SungEel HiTech Co., Ltd., GEM Co., Ltd., Brunp Recycling Technology Co., Ltd., SK Tes, Stena Recycling AB, Accurec Recycling GmbH, Electra Battery Materials Corporation, ACE Green Recycling Inc., Altilium Metals Ltd., and 6K Inc.
Companies operating in the market are strengthening their competitive positions through continuous investment in advanced recycling technologies, capacity expansion, and strategic partnerships across the battery value chain. Market participants are enhancing hydrometallurgical processing capabilities, improving material recovery efficiency, and developing technologies that deliver battery-grade recycled materials. Businesses are also expanding processing facilities and strengthening collection networks to secure reliable feedstock supplies as battery volumes continue to increase. Strategic collaborations with battery manufacturers, automotive companies, and raw material suppliers are helping establish integrated closed-loop recycling systems.

Comprehensive Market Analysis and Forecast

• Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
• Competitive landscape with Porter's Five Forces and PESTEL analysis
• Market size, segmentation, and regional forecasts
• In-depth company profiles, business strategies, financial insights, and SWOT analysis

Key Attributes:

Report Attribute	Details
No. of Pages	210
Forecast Period	2025-2035
Estimated Market Value (USD) in 2025	$15.5 Billion
Forecasted Market Value (USD) by 2035	$65 Billion
Compound Annual Growth Rate	15.2%
Regions Covered	Global

Key Topics Covered
Chapter 1 Methodology & Scope
1.1 Research approach
1.2 Quality Commitments
1.2.1 GMI AI policy & data integrity commitment
1.2.1.1 Source consistency protocol
1.3 Research Trail & Confidence Scoring
1.3.1 Research Trail Components
1.3.2 Scoring Components
1.4 Data Collection
1.4.1 Partial list of primary sources
1.5 Data mining sources
1.5.1 Paid sources
1.5.1.1 Sources, by region
1.6 Base estimates and calculations
1.6.1 Base year calculation for any one approach
1.7 Forecast model
1.7.1 Quantified market impact analysis
1.7.1.1 Mathematical impact of growth parameters on forecast
1.8 Research transparency addendum
1.8.1 Source attribution framework
1.8.2 Quality assurance metrics
1.8.3 Our commitment to trust
Chapter 2 Executive Summary
2.1 Industry 360 synopsis
2.2 Key market trends
2.2.1 Regional
2.2.2 Recycling Technology
2.2.3 Battery Source
2.2.4 Battery Chemistry
2.2.5 Recovered Metal
2.2.6 End Use Application
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Supplier landscape
3.1.2 Profit margin
3.1.3 Value addition at each stage
3.1.4 Factor affecting the value chain
3.1.5 Disruptions
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.2 Industry pitfalls and challenges
3.2.3 Market opportunities
3.3 Growth potential analysis
3.4 Regulatory landscape
3.4.1 North America
3.4.2 Europe
3.4.3 Asia-Pacific
3.4.4 Latin America
3.4.5 Middle East & Africa
3.5 Porter's analysis
3.6 PESTEL analysis
3.7 Price trends
3.7.1 by region
3.7.2 by feedstock type
3.8 Future market trends
3.9 Technology and innovation landscape
3.9.1 Current technological trends
3.9.2 Emerging technologies
3.10 Patent Landscape
3.11 Trade statistics (HS code)
3.11.1 Major importing countries
3.11.2 Major exporting countries
3.12 Sustainability and environmental aspects
3.12.1 Sustainable practices
3.12.2 Waste reduction strategies
3.12.3 Energy efficiency in production
3.12.4 Eco-friendly initiatives
3.13 Carbon footprint consideration
Chapter 4 Competitive Landscape, 2025
4.1 Introduction
4.2 Company market share analysis
4.2.1 by region
4.2.1.1 North America
4.2.1.2 Europe
4.2.1.3 Asia-Pacific
4.2.1.4 LATAM
4.2.1.5 MEA
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Key developments
4.5.1 Mergers & acquisitions
4.5.2 Partnerships & collaborations
4.5.3 New Product Launches
4.5.4 Expansion Plans
Chapter 5 Market Estimates and Forecast, by Recycling Technology, 2022-2035 (USD Billion) (Kilo Tons)
5.1 Key trends
5.2 Hydrometallurgical Process
5.2.1 Acid Leaching
5.2.2 Alkaline / Ammoniacal Leaching
5.3 Pyrometallurgical Process
5.3.1 High-Temperature Smelting
5.3.2 Thermal Pre-Treatment (Calcination / Pyrolysis)
5.4 Direct Recycling / Physical Separation
5.5 Hybrid / Combined Process
5.6 Bio-leaching
Chapter 6 Market Estimates and Forecast, by Battery Source, 2022-2035 (USD Billion) (Kilo Tons)
6.1 Key trends
6.2 Automotive & Electric Vehicle (EV) Batteries
6.2.1 Battery Electric Vehicles (BEV)
6.2.2 Plug-in Hybrid Electric Vehicles (PHEV)
6.2.3 Hybrid Electric Vehicles (HEV)
6.3 Consumer Electronics Batteries
6.3.1 Smartphones & Tablets
6.3.2 Laptops & Portable Computers
6.3.3 Wearables & Others
6.4 Energy Storage System (ESS) Batteries
6.4.1 Grid-Scale / Utility ESS
6.4.2 Commercial & Industrial ESS
6.4.3 Residential ESS
6.5 Industrial Batteries
6.5.1 Forklifts & Material Handling Equipment
6.5.2 Power Tools & Portable Industrial Equipment
6.5.3 UPS & Backup Power Systems
6.6 Aerospace & Defense Batteries
6.7 Manufacturing Scrap (Pre-Consumer / Gigafactory Scrap)
6.8 Others
Chapter 7 Market Estimates and Forecast, by Battery Chemistry, 2022-2035 (USD Billion) (Kilo Tons)
7.1 Key trends
7.2 Lithium-Ion (Li-ion)
7.2.1 NMC (Nickel Manganese Cobalt Oxide)
7.2.2 NCA (Nickel Cobalt Aluminium Oxide)
7.2.3 LFP (Lithium Iron Phosphate)
7.2.4 LCO (Lithium Cobalt Oxide)
7.3 Nickel-Metal Hydride (NiMH)
7.4 Solid-State
7.5 Others (NiCd, Alkaline, Legacy Chemistries)
Chapter 8 Market Estimates and Forecast, by Recovered Metal, 2022-2035 (USD Billion) (Kilo Tons)
8.1 Key trends
8.2 Lithium
8.2.1 Lithium Carbonate (Li?CO?)
8.2.2 Lithium Hydroxide (LiOH)
8.3 Cobalt
8.4 Nickel
8.5 Manganese
8.6 Copper
8.7 Graphite
8.8 Others (Aluminium, Electrolyte Salts, Specialty Metals)
Chapter 9 Market Estimates and Forecast, by End Use Application, 2022-2035 (USD Billion) (Kilo Tons)
9.1 Key trends
9.2 EV Battery Manufacturing (Cathode Active Material Re-entry)
9.3 Energy Storage System (ESS) Battery Manufacturing
9.4 Consumer Electronics Battery Manufacturing
9.5 Industrial & Specialty Applications (Alloys, Electroplating)
9.6 Others (Aerospace, Medical Devices, Emerging Applications)
Chapter 10 Market Estimates and Forecast, by Region, 2022-2035 (USD Billion) (Kilo Tons)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Spain
10.3.5 Italy
10.3.6 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 Australia
10.4.5 South Korea
10.4.6 Rest of Asia-Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.5.4 Rest of Latin America
10.6 Middle East and Africa
10.6.1 Saudi Arabia
10.6.2 South Africa
10.6.3 UAE
10.6.4 Rest of Middle East and Africa
Chapter 11 Company Profiles
11.1 Umicore NV
11.2 Glencore plc
11.3 Redwood Materials, Inc.
11.4 Ascend Elements, Inc.
11.5 Cirba Solutions
11.6 SungEel HiTech Co., Ltd.
11.7 GEM Co., Ltd.
11.8 Brunp Recycling Technology Co., Ltd.
11.9 SK Tes (formerly TES-AMM)
11.10 Stena Recycling AB
11.11 Accurec Recycling GmbH
11.12 Electra Battery Materials Corporation
11.13 ACE Green Recycling Inc.
11.14 Altilium Metals Ltd.
11.15 6K Inc.
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