Market Overview:
The global automobile battery recycling market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electric vehicles and the growing awareness about environmental protection. In terms of type, the passenger car segment is expected to dominate the market during the forecast period. In terms of application, material recovery is expected to be the largest segment during the forecast period. Regionally, North America dominates the global automobile battery recycling market followed by Europe and Asia Pacific.
Product Definition:
The recycling of automotive batteries is important because it conserves natural resources and reduces the amount of pollutants released into the environment. Recycling automotive batteries also saves energy, since it takes less energy to recycle a battery than to produce a new one.
Passenger Car:
Passenger car is a general purpose vehicle used by the human passengers for transportation. It can be defined as a self-propelled, road-going motor vehicle designed primarily for transporting passengers and/or luggage over public highways. Passenger cars may also be used for the purpose of personal conveyance i.e., in case of illness, disability or emergencies are some other cases where passenger cars can be differentiated from commercial vehicles which are used to transport goods only (with no passengers).
Commercial Vehicle:
Commercial Vehicle (CV) is a vehicle that is used for transporting goods and passengers for monetary gain. CV’s can be classified as light commercial vehicles (LCV), medium commercial vehicles (MCV) or heavy commercial vehicles (HCV). The number of HCVs in the global market has been increasing owing to their increased demand from the logistics industry, which includes cross-border trade & transport, and also from mining & construction industries.
Application Insights:
The other application segment includes powertrain and stationary batteries. Powertrain batteries include lithium-ion battery packs for hybrid and plug-in electric vehicles. Stationary batteries are used in various devices, such as UPS (uninterruptible power supply) systems, emergency lighting, telecommunication equipment among others.
Stationary battery is expected to be the fastest growing application segment owing to its wide scope of applications across different industries including defense & security, public safety and healthcare among others. Increasing demand for renewable energy is also expected to fuel the growth of the automotive recycling market over the forecast period.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing sales of electric vehicles in China, India, and Japan. Europe accounted for a significant share owing to stringent regulations regarding vehicular emissions as well as high demand for recycled materials.
North America is also likely to witness considerable growth over the coming years owing to rising demand from end-use industries such as energy storage, consumer electronics, and automotive.
Growth Factors:
- Increasing demand for electric vehicles: The global automobile battery recycling market is expected to grow at a CAGR of 6.5% from 2017 to 2025, owing to the increasing demand for electric vehicles (EVs). This is because EVs have low emissions and are environment-friendly, which has led to an increase in their popularity among consumers.
- Stringent government regulations on vehicle emissions: Stringent government regulations on vehicle emissions are also contributing significantly to the growth of the global automobile battery recycling market. For instance, the European Union has set stringent emission standards that mandate carmakers to reduce CO2 emissions from new cars by 2020. This is encouraging consumers to switch from gasoline and diesel-powered cars to EVs, thereby boosting the demand for automotive batteries across the globe.
- Growing awareness about environmental issues: There is a growing awareness among people about environmental issues such as climate change and air pollution caused by automobiles running on traditional fuels like petrol and diesel fuel These concerns are prompting governments across different countries worldwide To promote electric vehicles as a more environmentally friendly option over traditional automobiles run on polluting fuels .This Is Expected To Drive The Demand For Electric Vehicles And In Turn Automobile Battery Recycling In Coming Years . 4) Technological advancements in automotive batteries: With technological advancements in automotive batteries, their life cycle has increased significantly, which is resulting in an increase in their demand globally Consequently this Is Driving The Growth Of Automobile Battery Recycling Market As More
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Battery Recycling Market Research Report
By Type
Passenger Car, Commercial Vehicle, Other
By Application
Material Recovery, Energy Storage Battery, Other
By Companies
Guangdong Guanghua Technology, GEM Co., Ltd, uRecycle, Li-Cycle, AkkuSer, NAWA Technologies, Duesenfeld, Accurec Recycling GmbH, Aqua Metals Inc, Battery Recycling Made Easy, Battery Solutions LLC, Call2Recycle Inc, Eco-Bat Technologies Ltd, Exide Technologies, Neometals Ltd, Raw Materials Company, Recupyl, Recylex Sa, The Doe Run Company, Umicore, GS Yuasa International Ltd, Retriev Technologies, Jiangsu Miracle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Battery Recycling Market Report Segments:
The global Automobile Battery Recycling market is segmented on the basis of:
Types
Passenger Car, Commercial Vehicle, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Material Recovery, Energy Storage Battery, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Guangdong Guanghua Technology
- GEM Co., Ltd
- uRecycle
- Li-Cycle
- AkkuSer
- NAWA Technologies
- Duesenfeld
- Accurec Recycling GmbH
- Aqua Metals Inc
- Battery Recycling Made Easy
- Battery Solutions LLC
- Call2Recycle Inc
- Eco-Bat Technologies Ltd
- Exide Technologies
- Neometals Ltd
- Raw Materials Company
- Recupyl
- Recylex Sa
- The Doe Run Company
- Umicore
- GS Yuasa International Ltd
- Retriev Technologies
- Jiangsu Miracle
Highlights of The Automobile Battery Recycling Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Passenger Car
- Commercial Vehicle
- Other
- By Application:
- Material Recovery
- Energy Storage Battery
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Battery Recycling Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile battery recycling is the process of recovering and reusing automotive batteries. Automotive batteries are composed of lead, acid, and water. The lead is extracted from the battery using a process called smelting. Acid is then added to dissolve the lead and other metals, which creates a slag mixture. The slag mixture is then poured into molds to create new automotive batteries.
Some of the major players in the automobile battery recycling market are Guangdong Guanghua Technology, GEM Co., Ltd, uRecycle, Li-Cycle, AkkuSer, NAWA Technologies, Duesenfeld, Accurec Recycling GmbH, Aqua Metals Inc, Battery Recycling Made Easy, Battery Solutions LLC, Call2Recycle Inc, Eco-Bat Technologies Ltd, Exide Technologies, Neometals Ltd, Raw Materials Company, Recupyl, Recylex Sa, The Doe Run Company, Umicore, GS Yuasa International Ltd, Retriev Technologies, Jiangsu Miracle.
The automobile battery recycling market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Battery Recycling Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Battery Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Battery Recycling Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Battery Recycling Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Battery Recycling Market Size & Forecast, 2018-2028
4.5.1 Automobile Battery Recycling Market Size and Y-o-Y Growth
4.5.2 Automobile Battery Recycling Market Absolute $ Opportunity
Chapter 5 Global Automobile Battery Recycling Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Battery Recycling Market Size Forecast by Type
5.2.1 Passenger Car
5.2.2 Commercial Vehicle
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Battery Recycling Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Battery Recycling Market Size Forecast by Applications
6.2.1 Material Recovery
6.2.2 Energy Storage Battery
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Battery Recycling Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Battery Recycling Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Battery Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Battery Recycling Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Battery Recycling Market Size Forecast by Type
9.6.1 Passenger Car
9.6.2 Commercial Vehicle
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Battery Recycling Market Size Forecast by Applications
9.10.1 Material Recovery
9.10.2 Energy Storage Battery
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Battery Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Battery Recycling Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Battery Recycling Market Size Forecast by Type
10.6.1 Passenger Car
10.6.2 Commercial Vehicle
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Battery Recycling Market Size Forecast by Applications
10.10.1 Material Recovery
10.10.2 Energy Storage Battery
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Battery Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Battery Recycling Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Battery Recycling Market Size Forecast by Type
11.6.1 Passenger Car
11.6.2 Commercial Vehicle
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Battery Recycling Market Size Forecast by Applications
11.10.1 Material Recovery
11.10.2 Energy Storage Battery
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Battery Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Battery Recycling Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Battery Recycling Market Size Forecast by Type
12.6.1 Passenger Car
12.6.2 Commercial Vehicle
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Battery Recycling Market Size Forecast by Applications
12.10.1 Material Recovery
12.10.2 Energy Storage Battery
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Battery Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Battery Recycling Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Battery Recycling Market Size Forecast by Type
13.6.1 Passenger Car
13.6.2 Commercial Vehicle
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Battery Recycling Market Size Forecast by Applications
13.10.1 Material Recovery
13.10.2 Energy Storage Battery
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Battery Recycling Market: Competitive Dashboard
14.2 Global Automobile Battery Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Guangdong Guanghua Technology
14.3.2 GEM Co., Ltd
14.3.3 uRecycle
14.3.4 Li-Cycle
14.3.5 AkkuSer
14.3.6 NAWA Technologies
14.3.7 Duesenfeld
14.3.8 Accurec Recycling GmbH
14.3.9 Aqua Metals Inc
14.3.10 Battery Recycling Made Easy
14.3.11 Battery Solutions LLC
14.3.12 Call2Recycle Inc
14.3.13 Eco-Bat Technologies Ltd
14.3.14 Exide Technologies
14.3.15 Neometals Ltd
14.3.16 Raw Materials Company
14.3.17 Recupyl
14.3.18 Recylex Sa
14.3.19 The Doe Run Company
14.3.20 Umicore
14.3.21 GS Yuasa International Ltd
14.3.22 Retriev Technologies
14.3.23 Jiangsu Miracle
