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Electric Vehicles Battery Recycling Market worth $56.3 billion by 2031 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Feb. 21, 2024 /PRNewswire/ — The report “Electric Vehicles Battery Recycling Market by Source (Passenger Vehicles, Commercial Vehicles, E-Bikes), Chemistry (Li-NMC, LFP, LMO, LTO, NCA), Process, and Region (North America, Europe, Asia Pacific) – Global Forecast to 2031″, is projected to grow from USD 9.0 billion in 2023 to USD 56.3 billion by 2031, at a CAGR of 25.8%  during the forecast period. High demand from the automotive and consumer electronic sector is expected to drive the EV Battery Recycling Market.

Browse in-depth TOC on “Electric Vehicles Battery Recycling Market”

217 – Tables
48 – Figures
211 – Pages

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The Lithium Nickel Manganese Cobalt is expected to account for the largest share of the EV Battery Recycling Market, by battery chemistry, during the forecast period, in terms of value

By battery chemistry type, the lithium nickel manganese cobalt is estimated to have the largest market share by volume. Lithium Nickel Manganese Cobalt battery chemistry provides increased energy/power density and a decreased footprint compared to Lithium Iron Phosphate (LFP) batteries. With commendable energy density, lithium nickel manganese cobalt are undergoing continuous advancements, contributing to the growth of EV Battery Recycling Market.

By source, passengers segment is expected to account for the largest market share during the forecast period in terms of value.

Based on source, the passenger segment is estimated to account for the largest share of the market during the forecast period. This is driven by the rising demand for electric passenger cars, supported by factors like convenience, comfort, and personal mobility preferences. The increasing global awareness and adoption of electric vehicles, along with government initiatives such as supportive policies, incentives, and charging infrastructure development, contribute to the dominance of the passenger cars segment. These factors collectively indicate that the passenger segment is projected to maintain its leading position in the EV battery recycling market during the specified period.

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Asia Pacific is projected to register the largest market share during the forecast period.

Asia Pacific is estimated to lead the market during the forecast period, driven by robust economic growth and substantial investments in the automotive and electronics sectors. Notably, emerging economies like China and India have played a pivotal role in establishing Asia-Pacific as a significant market for EV Battery recycling. Additionally, an increase in purchasing power of the population and government support are likely to propel EV Battery Recycling Market.

Some of the leading players in this market include Contemporary Amperex Technology Co., Limited. (China), Glencore (Switzerland), GEM Co., Ltd. (China), ERAMET (France), Li-Cycle Corp (Canada), Umicore (Belgium) among others.

Browse Adjacent Market: Equipment Machine and Tooling Market Research Reports

Related Reports:

Battery Recycling Market – Global Forecast to 2030

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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ISPE Announces Keynote Speakers for its 2026 ISPE Pharma 4.0™ and Biopharma Conference

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The conference will take place 10–11 December in Berlin, Germany, and virtually.

The conference will feature three technical tracks covering digital enablement, compliant operations, and practical biopharma manufacturing transformation through Pharma 4.0™ principles.

NORTH BETHESDA, Md., Sept. 16, 2026 /PRNewswire/ — The International Society for Pharmaceutical Engineering (ISPE) has announced its keynote speakers for the 2026 ISPE Pharma 4.0™ and Biopharma Conference, set for Thursday, 10 December, through Friday, 11 December, in Berlin, Germany, and virtually.

The conference is ISPE’s first international event to integrate Pharma 4.0™ and biopharma topics into a single program. Sessions will address digital transformation and advanced manufacturing across traditional pharmaceutical operations as well as biologics, cell and gene therapies, ATMPs, and mRNA technologies.

“This year’s keynote speakers represent a unique cross-section of expertise spanning pharmaceutical engineering, bioprocess innovation, digital manufacturing, and product development. Their perspectives will help attendees better understand the technologies, strategies, and leadership approaches shaping the future of Pharma 4.0™ and biopharma,” said Lineke Pelleboer, International Program Committee Conference Co-Chair, Senior Business Developer at Bilthoven Biologicals.

ISPE has announced the following keynote speakers:

Chris Grail, Senior Vice President, Global Pharma Engineering and Maintenance Excellence Lead, Bayer AGJochen Maas, PhD, Former Managing Director, Research and Development, SanofiPeter Neubauer, PhD, Professor of Bioprocess Engineering, Technische Universität BerlinKerstin Seemann, Senior Vice President, Head of Global CMC Development, Merck KGaAAdrian Widmer, Global Head of Digital, AI, and Operational Excellence (Interim), RocheJan Wokittel, Director and Cluster Lead, Smart Manufacturing, Roche

“Across the conference tracks, attendees will explore practical approaches to digital transformation, from data readiness and AI enablement to smart manufacturing, compliance, and scalable biopharma operations, with real-world lessons from industry leaders,” said Markus Zeitz, International Program Committee Conference Co-Chair and Head of Digital Quality with Takeda.

The conference comprises three technical tracks:

Pharma 4.0™ Enabling Digital FoundationsPharma 4.0™ Compliant by DesignPharma 4.0™ in Action: Biopharma Manufacturing Transformation

Learn more and register for the conference today: ISPE.org/26Pharma.

About ISPE
The International Society for Pharmaceutical Engineering (ISPE) is a global nonprofit association serving its members through leading scientific, technical, and regulatory advancement across the entire pharmaceutical lifecycle. The 25,000+ members of ISPE provide solutions to complex pharmaceutical industry challenges through innovation, member and workforce development, and technical, regulatory, and compliance collaborations in more than 120 countries worldwide. Founded in 1980, ISPE has its worldwide headquarters and training center in North Bethesda, Maryland, USA, and its operations center in Tampa, Florida, USA. For more information, visit ISPE.org.

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Echo Global Logistics Named One of Just 10 Non-Asset-Based 3PLs Nationwide to Earn CTPAT Validation

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Echo is among the first few providers admitted into U.S. Customs and Border Protection’s CTPAT program, adding a new layer of supply chain security to its brokerage model

CHICAGO, Sept. 16, 2026 /PRNewswire/ — Echo Global Logistics, Inc. (“Echo”), a leading provider of technology-enabled transportation and supply chain management services, has achieved Validated status in U.S. Customs and Border Protection’s (CBP) Customs-Trade Partnership Against Terrorism (CTPAT) program, one of only 10 non-asset-based 3PLs selected nationwide. Authorized by the CTPAT Pilot Program Act of 2023, the pilot marks the first time CBP has opened CTPAT — previously reserved for asset-based carriers, importers, and customs brokers — to non-asset-based freight brokers. Following a comprehensive review, CBP confirmed that Echo’s supply chain security program meets CTPAT’s security criteria.

“CTPAT has historically focused on asset-based transportation providers, so Echo’s selection as one of the first non-asset-based 3PLs represents an important milestone for our company and our industry,” said Troy Ryley, President of Echo’s Mexico division. “In addition to our extensive network of CTPAT-certified carriers, Validation adds another layer of security to Echo’s truck brokerage model, giving our clients added confidence that security is embedded throughout their supply chain — even though Echo, like most freight brokers, has traditionally operated a non-asset-based model.”

For shippers, CTPAT-validated partners are recognized by CBP as lower-risk, which can translate to fewer cargo exams and more predictable transit times across the border. Echo maintains an extensive network of carrier partners, including CTPAT-certified carriers, while applying its own validated security processes to the management and protection of freight — creating a layered security approach that now extends from the carrier to the broker itself.

Echo provides clients with cross-border, customs brokerage, and intra-Mexico solutions, creating a comprehensive Mexico offering for all supply chain needs. Operating within an intricate cross-border trade environment, additional security protocols support the protection of freight. Echo’s security strategy and tools are aligned with CTPAT criteria, supporting a more secure and seamless transportation process across the region. Learn more about Echo’s Mexico operations: Mexico Cross-Border Shipping Solutions | Echo Global Logistics.

“For our clients and business partners, this achievement provides added confidence that freight is supported by a logistics provider whose security program has been independently validated by CBP,” said Gabriel Guajardo, Director, Southern Border at Echo. “Combined with our extensive network of CTPAT carriers, Validation status strengthens our layered approach to cargo security and supply chain risk management, helping us deliver secure and reliable transportation solutions across North America.”

About Echo Global Logistics
Echo Global Logistics, Inc. is a leading provider of technology-enabled transportation and full-service supply chain solutions. Headquartered in Chicago with 65 locations across North America, Echo helps organizations simplify complex supply chains through one integrated network of transportation, warehousing, distribution and fulfillment services. Echo’s capabilities span Truckload, Partial Truckload, LTL, Intermodal, Cross-Border & Intra-Mexico, Managed Transportation, Drop-Trailer and Trailer Pool, Container Management and Drayage, Food-Grade and Temperature-Controlled shipping, warehousing, warehousing services, parcel, and distribution and fulfillment. Powered by Echo’s proprietary technology platform—including automation, machine learning, and AI-enabled decision support—customers gain greater visibility, optimize transportation performance, and improve efficiency across every stage of the supply chain. For more information, visit www.echo.com.

ECHO: Corporate 

MEDIA CONTACT:
Christopher Clemmensen
EVP of Marketing
Echo Global Logistics
312-784-2132

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FP Markets wins three awards at the Global Forex Awards 2026

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LIMASSOL, Cyprus, Sept. 16, 2026 /PRNewswire/ — Global Forex and CFD broker FP Markets has been recognised with three prestigious distinctions at the Global Forex Awards 2026, earning: ‘Best Value Broker – Global’, ‘Most Transparent Broker – Asia’, and ‘Most Transparent Broker – Latam’.

The awards ceremony took place on 15 September 2026 at the Amara Hotel in Limassol, Cyprus, bringing together leading companies and industry professionals from across the global trading and fintech industry. Now in their eighth year, the Global Forex Awards recognise brokers and trading providers that deliver exceptional service, innovation, and trusted solutions.

The triple win highlights FP Markets’ global reach, competitive trading conditions, and commitment to delivering a reliable trading experience to traders across markets.

John Lewis, Chief Marketing Officer at FP Markets, said: “In an industry where competition is intense, being voted Best Value Broker globally, alongside Most Transparent Broker in both Asia and Latam, is a reflection of what our clients experience day to day.” He added: “These wins showcase the dedication of our teams across every region we operate in, and our commitment to delivering value for our clients with the transparency they rely on.”

With over two decades of industry experience and more than 80 awards earned to date, FP Markets continues to strengthen its global presence, investing in advanced trading technologies and broadening its product offering. Looking ahead, the company continues to prioritise innovation and the client-focussed approach that has been at the core of its philosophy since inception.

About FP Markets

FP Markets is a global, multi-regulated, award-winning broker established in Sydney, Australia in 2005 and headquartered in Limassol, Cyprus. The broker offers 10,000+ CFD instruments across seven asset classes, available on industry-leading platforms including MetaTrader 4/5, TradingView, and cTrader.

FP Markets’ regulatory presence includes, among others, the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) of South Africa, and the Capital Markets Authority (CMA) of Kenya.

For more information, visit www.fpmarkets.com

 

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SOURCE FP Markets

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