The Circular Battery Economy Set to Surge to Nearly $78 Billion

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The global circular battery economy is expected to experience significant growth, reaching nearly $78 billion by 2032, driven by the increasing demand for critical minerals and the need for sustainable battery recycling.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%

Article Context

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As the global energy transition accelerates, the race to secure critical minerals is shifting from remote mines to battery recycling facilities. A new report projects the global circular battery economy will surge from $23.29 billion in 2024 to nearly $78 billion by 2032. However, this aggressive growth forecast comes amid a turbulent period for the industry, characterized by volatile commodity prices and a race to build infrastructure before a tidal wave of spent electric vehicle (EV) batteries hits the market. From Environmental Niche to…

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Original article published by OilPrice.com on December 4, 2025.
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