According to energy and power expert Laxmi Narayan, the black mass recycling market has reached USD 6.22 billion in 2026 and is expected to grow to USD 22.93 billion by 2035, registering a CAGR of 15.60%. The black mass recycling market companies such as Brunp Recycling, GEM Co., Huayou Cobalt, Umicore are playing a key role in market expansion, with major opportunities emerging across technology, battery source, becovered material and region segments.
