This report provides a comprehensive analysis of the global Lithium-Ion Battery NMP Recycling market, projecting significant growth through 2032. It examines the critical role of NMP recovery in battery manufacturing, evaluating key recycling models such as tolling services, purchase and sales, and internal circulation. The study details market segmentation by product grade and application, while offering regional insights and competitive intelligence on major industry players driving the transition toward sustainable solvent management.

Market Overview

The global Lithium-Ion Battery NMP Recycling market size is predicted to grow from US$ 3298 million in 2025 to US$ 6171 million in 2032, representing a compound annual growth rate (CAGR) of 9.5% from 2026 to 2032.

Product Profile: N-Methylpyrrolidone (NMP)

N-Methylpyrrolidone (NMP) is an aprotic solvent characterized by high polarity, a high boiling point, low viscosity, low volatility, high thermal stability, and chemical stability. Due to its status as a high-performance solvent, it is widely utilized in lithium-ion battery production, the chemical industry, and various other fields.

NMP Sources

NMP sources are categorized into two primary types:

• Synthetic NMP: Products obtained via chemical synthesis. The industrial production route involves the condensation of gamma-butyrolactone (GBL) and monomethylamine as raw materials.
• Recycled NMP: NMP obtained through the recycling and purification of NMP waste liquid used as solvents.

Characteristics of NMP Waste Liquid

• High-concentration NMP: The NMP content in the waste liquid is relatively high. Due to the strong solubility of NMP, the waste liquid may be mixed with a variety of other organic and inorganic substances.
• Low toxicity but certain irritation: While NMP is less toxic than many other organic solvents, high-concentration contact remains irritating to human skin and eyes.
• Difficulty in treatment: Due to its high boiling point and excellent solubility, NMP is difficult to treat using physical methods such as evaporation or natural volatilization alone; specific recovery and purification technologies are required.
• Strict environmental protection requirements: Particularly in industries like battery manufacturing, NMP requires extremely high purity. Consequently, the purity of NMP recovered from waste liquid must also be high to avoid impacting product quality and environmental safety.

NMP Recycling Modes

There are three distinct modes for recycling NMP:

• Tolling Services Mode: A closed-loop cycle where the customer’s spent solvents are recycled and returned directly to that customer. The customer provides the NMP waste liquid to a recycling company, which uses proprietary technology and equipment to purify the NMP and return it to the customer. This mode effectively reduces processing costs and enables resource recycling.
• Purchase and Sales Mode: The recycling company purchases NMP waste liquid from upstream suppliers and sells the purified product to downstream customers. In this model, the recycling company acts as both a waste liquid procurer and a product seller, generating profit through the margin between buying and selling prices.
• Internal Circulation Mode: NMP users recycle the NMP within their own waste liquid, forming an internal recycling system. This model is primarily suitable for large enterprises or groups that possess complete recycling and treatment facilities and technologies to process NMP in-house. For example, Mitsubishi provides solvent recovery and purification facilities in Japan and internationally. As global demand for lithium-ion batteries increases, several NMP solvent recovery and purification facilities have been adopted overseas, allowing NMP to be recycled and purified directly on-site without third-party transport.

Regional Market Analysis

• United States: The market for Lithium-Ion Battery NMP Recycling is expected to experience significant growth from 2025 through 2032.
• China: The market for Lithium-Ion Battery NMP Recycling is expected to undergo steady expansion from 2025 through 2032.
• Europe: The market for Lithium-Ion Battery NMP Recycling is projected to grow substantially from 2025 through 2032.

Market Segmentation

By Type

• Electronic Grade: Purity $\ge$ 99.9%
• Industrial Grade: Purity < 99.9%

By Application

• Lithium Battery
• Chemical Industry
• Others

By Region

• Americas: United States, Canada, Mexico, Brazil
• APAC: China, Japan, Korea, Southeast Asia, India, Australia
• Europe: Germany, France, UK, Italy, Russia
• Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries

Competitive Landscape

Key Industry Trends & Analysis

This report, produced by LPI (LP Information), provides a comprehensive analysis of the global Lithium-Ion Battery NMP Recycling landscape. It reviews total world sales in 2025 and provides a detailed analysis of projected sales from 2026 through 2032, broken down by region, market sector, and sub-sector in US$ millions.

Key areas of focus include:

• Product segmentation, company formation, revenue, and market share.
• Latest developments and M&A activity.
• Analysis of leading global companies, focusing on their NMP recycling portfolios, capabilities, market entry strategies, market positions, and geographic footprints.
• Evaluation of market drivers, trends, and factors shaping the global outlook to identify emerging opportunities.

Key Players

The following companies have been profiled based on primary expert input and analysis of their product portfolios and market penetration:

• Anhui Shengjie New Energy Technology Co., Ltd.
• Shandong Changxin Chemical Science-Tech Co.,Ltd.
• Refine Holdings Co., Ltd.
• Enchem Co., Ltd.
• Hubei Jinquan New Material Co., Ltd.
• Zhenjiang Xinna Environmental Protection Materials Co., Ltd.
• Kenli Gengxin Chemical Co., Ltd.
• BYN Chemical Co., Ltd.
• Jiangsu Tata Resources Recycling Co., Ltd.
• Binzhou City Zhanhua District Ruian Chemical Co., Ltd.
• Republic Services, Inc.
• Puyang Guangming Chemicals Co., Ltd.
• Veolia Environnement S.A.
• Myj Chemical Co., Ltd.
• Clean Harbors, Inc.
• Ganzhou Zhongneng Industrial Co., Ltd.
• Dongwha Electrolyte Co.,Ltd.

Note on Market Share: In 2025, the two largest global companies in this sector held a significant portion of the total market share.

• 1 Scope of the Report

  • 1.1 Market Introduction

  • 1.2 Years Considered

  • 1.3 Research Objectives

  • 1.4 Market Research Methodology

  • 1.5 Research Process and Data Source

  • 1.6 Economic Indicators

  • 1.7 Currency Considered

  • 1.8 Market Estimation Caveats

• 2 Executive Summary

  • 2.1 World Market Overview

    • 2.1.1 Global Lithium-Ion Battery NMP Recycling Market Size (2021-2032)

    • 2.1.2 Lithium-Ion Battery NMP Recycling Market Size CAGR by Region (2021 VS 2025 VS 2032)

    • 2.1.3 World Current & Future Analysis for Lithium-Ion Battery NMP Recycling by Country/Region (2021, 2025 & 2032)

  • 2.2 Lithium-Ion Battery NMP Recycling Segment by Type

    • 2.2.1 Electronic Grade (Purity ≥ 99.9%)

    • 2.2.2 Industrial Grade (Purity &lt; 99.9%)

    • 2.2.3 Lithium-Ion Battery NMP Recycling Market Size by Type

      • 2.2.3.1 Lithium-Ion Battery NMP Recycling Market Size CAGR by Type (2021 VS 2025 VS 2032)
      • 2.2.3.2 Global Lithium-Ion Battery NMP Recycling Market Size Market Share by Type (2021-2026)

  • 2.3 Lithium-Ion Battery NMP Recycling Segment by Application

    • 2.3.1 Lithium Battery

    • 2.3.2 Chemical Industry

    • 2.3.3 Others

    • 2.3.4 Lithium-Ion Battery NMP Recycling Market Size by Application

      • 2.3.4.1 Lithium-Ion Battery NMP Recycling Market Size CAGR by Application (2021 VS 2025 VS 2032)
      • 2.3.4.2 Global Lithium-Ion Battery NMP Recycling Market Size Market Share by Application (2021-2026)

• 3 Lithium-Ion Battery NMP Recycling Market Size by Player

  • 3.1 Lithium-Ion Battery NMP Recycling Market Size Market Share by Player

    • 3.1.1 Global Lithium-Ion Battery NMP Recycling Revenue by Player (2021-2026)

    • 3.1.2 Global Lithium-Ion Battery NMP Recycling Revenue Market Share by Player (2021-2026)

  • 3.2 Global Lithium-Ion Battery NMP Recycling Key Players Head office and Products Offered

  • 3.3 Market Concentration Rate Analysis

    • 3.3.1 Competition Landscape Analysis

    • 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)

  • 3.4 New Products and Potential Entrants

  • 3.5 Mergers & Acquisitions, Expansion

• 4 Lithium-Ion Battery NMP Recycling by Region

  • 4.1 Lithium-Ion Battery NMP Recycling Market Size by Region (2021-2026)

  • 4.2 Global Lithium-Ion Battery NMP Recycling Annual Revenue by Country/Region (2021-2026)

  • 4.3 Americas Lithium-Ion Battery NMP Recycling Market Size Growth (2021-2026)

  • 4.4 APAC Lithium-Ion Battery NMP Recycling Market Size Growth (2021-2026)

  • 4.5 Europe Lithium-Ion Battery NMP Recycling Market Size Growth (2021-2026)

  • 4.6 Middle East & Africa Lithium-Ion Battery NMP Recycling Market Size Growth (2021-2026)

• 5 Americas

  • 5.1 Americas Lithium-Ion Battery NMP Recycling Market Size by Country (2021-2026)

  • 5.2 Americas Lithium-Ion Battery NMP Recycling Market Size by Type (2021-2026)

  • 5.3 Americas Lithium-Ion Battery NMP Recycling Market Size by Application (2021-2026)

  • 5.4 United States

  • 5.5 Canada

  • 5.6 Mexico

  • 5.7 Brazil

• 6 APAC

  • 6.1 APAC Lithium-Ion Battery NMP Recycling Market Size by Region (2021-2026)

  • 6.2 APAC Lithium-Ion Battery NMP Recycling Market Size by Type (2021-2026)

  • 6.3 APAC Lithium-Ion Battery NMP Recycling Market Size by Application (2021-2026)

  • 6.4 China

  • 6.5 Japan

  • 6.6 South Korea

  • 6.7 Southeast Asia

  • 6.8 India

  • 6.9 Australia

• 7 Europe

  • 7.1 Europe Lithium-Ion Battery NMP Recycling Market Size by Country (2021-2026)

  • 7.2 Europe Lithium-Ion Battery NMP Recycling Market Size by Type (2021-2026)

  • 7.3 Europe Lithium-Ion Battery NMP Recycling Market Size by Application (2021-2026)

  • 7.4 Germany

  • 7.5 France

  • 7.6 UK

  • 7.7 Italy

  • 7.8 Russia

• 8 Middle East & Africa

  • 8.1 Middle East & Africa Lithium-Ion Battery NMP Recycling by Region (2021-2026)

  • 8.2 Middle East & Africa Lithium-Ion Battery NMP Recycling Market Size by Type (2021-2026)

  • 8.3 Middle East & Africa Lithium-Ion Battery NMP Recycling Market Size by Application (2021-2026)

  • 8.4 Egypt

  • 8.5 South Africa

  • 8.6 Israel

  • 8.7 Turkey

  • 8.8 GCC Countries

• 9 Market Drivers, Challenges and Trends

  • 9.1 Market Drivers & Growth Opportunities

  • 9.2 Market Challenges & Risks

  • 9.3 Industry Trends

• 10 Global Lithium-Ion Battery NMP Recycling Market Forecast

  • 10.1 Global Lithium-Ion Battery NMP Recycling Forecast by Region (2027-2032)

    • 10.1.1 Global Lithium-Ion Battery NMP Recycling Forecast by Region (2027-2032)

    • 10.1.2 Americas Lithium-Ion Battery NMP Recycling Forecast

    • 10.1.3 APAC Lithium-Ion Battery NMP Recycling Forecast

    • 10.1.4 Europe Lithium-Ion Battery NMP Recycling Forecast

    • 10.1.5 Middle East & Africa Lithium-Ion Battery NMP Recycling Forecast

  • 10.2 Americas Lithium-Ion Battery NMP Recycling Forecast by Country (2027-2032)

    • 10.2.1 United States Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.2.2 Canada Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.2.3 Mexico Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.2.4 Brazil Market Lithium-Ion Battery NMP Recycling Forecast

  • 10.3 APAC Lithium-Ion Battery NMP Recycling Forecast by Region (2027-2032)

    • 10.3.1 China Lithium-Ion Battery NMP Recycling Market Forecast

    • 10.3.2 Japan Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.3.3 Korea Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.3.4 Southeast Asia Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.3.5 India Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.3.6 Australia Market Lithium-Ion Battery NMP Recycling Forecast

  • 10.4 Europe Lithium-Ion Battery NMP Recycling Forecast by Country (2027-2032)

    • 10.4.1 Germany Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.4.2 France Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.4.3 UK Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.4.4 Italy Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.4.5 Russia Market Lithium-Ion Battery NMP Recycling Forecast

  • 10.5 Middle East & Africa Lithium-Ion Battery NMP Recycling Forecast by Region (2027-2032)

    • 10.5.1 Egypt Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.5.2 South Africa Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.5.3 Israel Market Lithium-Ion Battery NMP Recycling Forecast

    • 10.5.4 Turkey Market Lithium-Ion Battery NMP Recycling Forecast

  • 10.6 Global Lithium-Ion Battery NMP Recycling Forecast by Type (2027-2032)

  • 10.7 Global Lithium-Ion Battery NMP Recycling Forecast by Application (2027-2032)

    • 10.7.1 GCC Countries Market Lithium-Ion Battery NMP Recycling Forecast

• 11 Key Players Analysis

  • 11.1 Anhui Shengjie New Energy Technology Co., Ltd.

    • 11.1.1 Anhui Shengjie New Energy Technology Co., Ltd. Company Information

    • 11.1.2 Anhui Shengjie New Energy Technology Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.1.3 Anhui Shengjie New Energy Technology Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.1.4 Anhui Shengjie New Energy Technology Co., Ltd. Main Business Overview

    • 11.1.5 Anhui Shengjie New Energy Technology Co., Ltd. Latest Developments

  • 11.2 Shandong Changxin Chemical Science-Tech Co.,Ltd.

    • 11.2.1 Shandong Changxin Chemical Science-Tech Co.,Ltd. Company Information

    • 11.2.2 Shandong Changxin Chemical Science-Tech Co.,Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.2.3 Shandong Changxin Chemical Science-Tech Co.,Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.2.4 Shandong Changxin Chemical Science-Tech Co.,Ltd. Main Business Overview

    • 11.2.5 Shandong Changxin Chemical Science-Tech Co.,Ltd. Latest Developments

  • 11.3 Refine Holdings Co., Ltd.

    • 11.3.1 Refine Holdings Co., Ltd. Company Information

    • 11.3.2 Refine Holdings Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.3.3 Refine Holdings Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.3.4 Refine Holdings Co., Ltd. Main Business Overview

    • 11.3.5 Refine Holdings Co., Ltd. Latest Developments

  • 11.4 Enchem Co., Ltd.

    • 11.4.1 Enchem Co., Ltd. Company Information

    • 11.4.2 Enchem Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.4.3 Enchem Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.4.4 Enchem Co., Ltd. Main Business Overview

    • 11.4.5 Enchem Co., Ltd. Latest Developments

  • 11.5 Hubei Jinquan New Material Co., Ltd.

    • 11.5.1 Hubei Jinquan New Material Co., Ltd. Company Information

    • 11.5.2 Hubei Jinquan New Material Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.5.3 Hubei Jinquan New Material Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.5.4 Hubei Jinquan New Material Co., Ltd. Main Business Overview

    • 11.5.5 Hubei Jinquan New Material Co., Ltd. Latest Developments

  • 11.6 Zhenjiang Xinna Environmental Protection Materials Co., Ltd.

    • 11.6.1 Zhenjiang Xinna Environmental Protection Materials Co., Ltd. Company Information

    • 11.6.2 Zhenjiang Xinna Environmental Protection Materials Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.6.3 Zhenjiang Xinna Environmental Protection Materials Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.6.4 Zhenjiang Xinna Environmental Protection Materials Co., Ltd. Main Business Overview

    • 11.6.5 Zhenjiang Xinna Environmental Protection Materials Co., Ltd. Latest Developments

  • 11.7 Kenli Gengxin Chemical Co., Ltd.

    • 11.7.1 Kenli Gengxin Chemical Co., Ltd. Company Information

    • 11.7.2 Kenli Gengxin Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.7.3 Kenli Gengxin Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.7.4 Kenli Gengxin Chemical Co., Ltd. Main Business Overview

    • 11.7.5 Kenli Gengxin Chemical Co., Ltd. Latest Developments

  • 11.8 BYN Chemical Co., Ltd.

    • 11.8.1 BYN Chemical Co., Ltd. Company Information

    • 11.8.2 BYN Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.8.3 BYN Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.8.4 BYN Chemical Co., Ltd. Main Business Overview

    • 11.8.5 BYN Chemical Co., Ltd. Latest Developments

  • 11.9 Jiangsu Tata Resources Recycling Co., Ltd.

    • 11.9.1 Jiangsu Tata Resources Recycling Co., Ltd. Company Information

    • 11.9.2 Jiangsu Tata Resources Recycling Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.9.3 Jiangsu Tata Resources Recycling Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.9.4 Jiangsu Tata Resources Recycling Co., Ltd. Main Business Overview

    • 11.9.5 Jiangsu Tata Resources Recycling Co., Ltd. Latest Developments

  • 11.10 Binzhou City Zhanhua District Ruian Chemical Co., Ltd.

    • 11.10.1 Binzhou City Zhanhua District Ruian Chemical Co., Ltd. Company Information

    • 11.10.2 Binzhou City Zhanhua District Ruian Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.10.3 Binzhou City Zhanhua District Ruian Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.10.4 Binzhou City Zhanhua District Ruian Chemical Co., Ltd. Main Business Overview

    • 11.10.5 Binzhou City Zhanhua District Ruian Chemical Co., Ltd. Latest Developments

  • 11.11 Republic Services, Inc.

    • 11.11.1 Republic Services, Inc. Company Information

    • 11.11.2 Republic Services, Inc. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.11.3 Republic Services, Inc. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.11.4 Republic Services, Inc. Main Business Overview

    • 11.11.5 Republic Services, Inc. Latest Developments

  • 11.12 Puyang Guangming Chemicals Co., Ltd.

    • 11.12.1 Puyang Guangming Chemicals Co., Ltd. Company Information

    • 11.12.2 Puyang Guangming Chemicals Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.12.3 Puyang Guangming Chemicals Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.12.4 Puyang Guangming Chemicals Co., Ltd. Main Business Overview

    • 11.12.5 Puyang Guangming Chemicals Co., Ltd. Latest Developments

  • 11.13 Veolia Environnement S.A.

    • 11.13.1 Veolia Environnement S.A. Company Information

    • 11.13.2 Veolia Environnement S.A. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.13.3 Veolia Environnement S.A. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.13.4 Veolia Environnement S.A. Main Business Overview

    • 11.13.5 Veolia Environnement S.A. Latest Developments

  • 11.14 Myj Chemical Co., Ltd.

    • 11.14.1 Myj Chemical Co., Ltd. Company Information

    • 11.14.2 Myj Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.14.3 Myj Chemical Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.14.4 Myj Chemical Co., Ltd. Main Business Overview

    • 11.14.5 Myj Chemical Co., Ltd. Latest Developments

  • 11.15 Clean Harbors, Inc.

    • 11.15.1 Clean Harbors, Inc. Company Information

    • 11.15.2 Clean Harbors, Inc. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.15.3 Clean Harbors, Inc. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.15.4 Clean Harbors, Inc. Main Business Overview

    • 11.15.5 Clean Harbors, Inc. Latest Developments

  • 11.16 Ganzhou Zhongneng Industrial Co., Ltd.

    • 11.16.1 Ganzhou Zhongneng Industrial Co., Ltd. Company Information

    • 11.16.2 Ganzhou Zhongneng Industrial Co., Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.16.3 Ganzhou Zhongneng Industrial Co., Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.16.4 Ganzhou Zhongneng Industrial Co., Ltd. Main Business Overview

    • 11.16.5 Ganzhou Zhongneng Industrial Co., Ltd. Latest Developments

  • 11.17 Dongwha Electrolyte Co.,Ltd.

    • 11.17.1 Dongwha Electrolyte Co.,Ltd. Company Information

    • 11.17.2 Dongwha Electrolyte Co.,Ltd. Lithium-Ion Battery NMP Recycling Product Offered

    • 11.17.3 Dongwha Electrolyte Co.,Ltd. Lithium-Ion Battery NMP Recycling Revenue, Gross Margin and Market Share (2021-2026)

    • 11.17.4 Dongwha Electrolyte Co.,Ltd. Main Business Overview

    • 11.17.5 Dongwha Electrolyte Co.,Ltd. Latest Developments

• 12 Research Findings and Conclusion