According to the ‘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)—Forecast to 2030’ report, the black mass recycling market is anticipated to reach $8.87 billion by 2030, growing at a CAGR of 19.1%. Black mass, a dark powder from recycled lithium-ion batteries, contains valuable metals such as cobalt, nickel, and lithium. The market’s growth is driven by technological advancements, government support, and increased battery production.
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