Black Mass Recycling Market Projected to Reach $8.87 Billion by 2030

Meticulous Research®, a globally recognized market intelligence firm, has released an indepth report titled, “Black Mass Recycling Market by Battery Source (Automotive Batteries, Industrial Batteries), Battery Type (Li-ion Battery, Nickel–metal Hydride Battery), Recycling Process (Pyrometallurgical Process, Hydrometallurgical Process) – Global Forecast to 2030.”
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According to this latest analysis by Meticulous Research®, the global black mass recycling market is anticipated to reach $8.87 billion by 2030, exhibiting a robust compound annual growth rate (CAGR) of 19.1% over the forecast period. This growth trajectory is primarily fueled by government initiatives promoting technological advancements, an escalating necessity to manage battery disposal, and a surge in battery manufacturing. Additionally, government incentives for battery recycling and a heightened focus on recovering valuable materials are projected to further stimulate market expansion.