Recycled Lead Market Set to Hit $20 Billion by 2025 Due to EV Demand

2025-10-07 companies

New York, Tuesday, 7 October 2025.
The recycled lead market is projected to grow significantly, reaching $20 billion by 2025, driven by the electric vehicle industry’s demand for sustainable materials.

Demand for EVs Drives Market Growth

The surge in electric vehicle (EV) demand is a primary catalyst for the growth of the recycled lead market, which is projected to reach a valuation of $20 billion by the end of 2025. As EV manufacturers increasingly rely on recycled materials to produce batteries, the need for sustainable sources of lead has intensified. This trend is reflected in the modest yet steady growth of the recycled lead market from $17.14 billion in 2024 to $17.28 billion in 2025, representing a compound annual growth rate (CAGR) of 0.8% [1].

Strategic Investments in Recycling Facilities

In response to the anticipated market demand, key players such as Exide Industries Limited and Clarios LLC are expanding their recycling facilities. Exide Industries, for instance, commenced commercial production at its fourth lead battery recycling plant in India in August 2023, highlighting the company’s commitment to bolstering its recycling capabilities [1]. These expansions align with broader trends towards circular economy initiatives and tighter e-waste regulations, which are expected to further propel the market’s growth [1].

Technological Advancements and Environmental Impact

Technological advancements in lead battery recycling and lead recovery solutions are pivotal to reducing the environmental footprint of lead production. Utilizing recycled lead batteries not only conserves raw materials but also prevents the improper disposal of hazardous waste, addressing both regulatory compliance and environmental sustainability. The industry’s efforts to innovate in recycling technologies are crucial as the market anticipates a 3.7% growth rate by 2029 [1].

Challenges and Future Outlook

Despite the promising outlook, the recycled lead market faces challenges, including geopolitical factors such as tariffs that could affect production costs within key markets like the United States [1]. Nevertheless, the global shift towards sustainable manufacturing practices, along with government incentives for metal recycling, is expected to continue driving investment and development in this sector. As the market evolves, collaborations and partnerships among leading companies will be essential in meeting the demand for sustainable materials in the automotive industry [1].

Sources

market growth recycled lead