In 2020, the amount of battery material available for recycling worldwide was estimated at 200 kilotons. This figure is expected to increase seven-fold by 2030, as batteries in the market reach the end of their lifetime and demand for new batteries increases. By 2040, it is forecast that over seven million tons of battery material will be available for recycling.
Battery material available for recycling worldwide in 2020, with forecasts to 2040
(in kilotons)
Characteristic
Available material in kilotons
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McKinsey & Company. (January 16, 2023). Battery material available for recycling worldwide in 2020, with forecasts to 2040 (in kilotons) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1415338/battery-recycling-material-available-worldwide/
McKinsey & Company. "Battery material available for recycling worldwide in 2020, with forecasts to 2040 (in kilotons)." Chart. January 16, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1415338/battery-recycling-material-available-worldwide/
McKinsey & Company. (2023). Battery material available for recycling worldwide in 2020, with forecasts to 2040 (in kilotons). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1415338/battery-recycling-material-available-worldwide/
McKinsey & Company. "Battery Material Available for Recycling Worldwide in 2020, with Forecasts to 2040 (in Kilotons)." Statista, Statista Inc., 16 Jan 2023, https://www.statista.com/statistics/1415338/battery-recycling-material-available-worldwide/
McKinsey & Company, Battery material available for recycling worldwide in 2020, with forecasts to 2040 (in kilotons) Statista, https://www.statista.com/statistics/1415338/battery-recycling-material-available-worldwide/ (last visited July 22, 2024)
Battery material available for recycling worldwide in 2020, with forecasts to 2040 (in kilotons) [Graph], McKinsey & Company, January 16, 2023. [Online]. Available: https://www.statista.com/statistics/1415338/battery-recycling-material-available-worldwide/