Advanced Batteries & Energy Storage Research
Dec 23, 2025
How Magnets and Batteries are Key to Critical Material Recovery Growth
IDTechEx forecasts that the critical material recovery market value will exceed US$66 billion per year by 2046, as demand, waste volume, and regulatory pressures all grow. Lithium-ion batteries and rare earth magnets are set to become key secondary sources of critical materials, as commercially mature recycling technology capacity scales in anticipation of growing waste volume becoming available in the 2030's.