Market Overview:
The global battery materials recycling market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and the growing awareness about environmental concerns. The lead-acid battery segment is expected to dominate the market during the forecast period, owing to its high recyclability and low cost as compared to other types of batteries. However, with technological advancements in lithium-based batteries, this segment is projected to grow at a higher CAGR during the forecast period.
Product Definition:
Battery recycling is the process of recovering and reprocessing battery cells and components to extract usable materials, including metals, plastics, and acids. The most common type of battery is the lead-acid battery. Lead-acid batteries are commonly used in automobiles and boats.
Lead-Acid Battery:
Lead-acid batteries are the most common type of battery used in electronic devices including cameras, cell phones, laptops and toys. These batteries find application in various sectors such as UPS (uninterruptible power supply), automotive and grid storage. Lead-acid batteries are also known as car batteries or traction batteries owing to their usage in vehicles.
Nickel-based Battery:
Nickel-based battery is one of the most common batteries used in applications such as watches, portable devices, and electric vehicles. The nickel-based battery has a higher energy density than lithium ion or lead acid batteries. It also offers better performance for weight advantages over other types of batteries.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automotive batteries are considered as one of the most recycled products globally, with nearly 70% of an automotive battery's weight comprised by recyclable materials. The automotive industry has been witnessing significant growth due to rising demand for electric vehicles from both consumers and OEMs. This trend is expected to drive product demand in various applications including building & construction, textile industry, packaging and others such as medical equipment & power tools during the forecast period.
The consumer goods & electronics segment accounted for a share of 15% in terms of volume in 2017 owing to growing usage of lithium-ion batteries across various consumer devices including smartphones, laptops/notebooks etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of battery manufacturing owing to low labor cost, availability of raw materials, and high demand from end-use industries such as automotive, consumer electronics, building & construction etc. China is one of the largest producers and consumers of batteries globally on account of easy access to raw materials and skilled workforce.
Europe was valued at USD X billion in 2017 owing to growing demand for advanced batteries from key applications including aerospace & defense sector due to increasing military expenditure by countries like Russia & France coupled with rising threat from terrorism across Europe which has led them opt for more reliable & longer lasting batteries over others available in the market place thus driving growth across this region as well globally battery materials recycling market by type).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for battery materials, which can be recycled and reused.
- Stringent environmental regulations: Governments across the world are implementing stringent environmental regulations to reduce pollution levels. This is driving the need for recycling of battery materials, which helps in reducing environmental pollution.
- Rising awareness about sustainability: There is a growing awareness among consumers about sustainability and its benefits. This is leading to an increase in the demand for products that are recyclable and reusable, including battery materials recycling market products/services .
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Materials Recycling Market Research Report
By Type
Lead-Acid Battery, Nickel-based Battery, Lithium-based Battery
By Application
Automotive, Consumer goods & Electronics, Building & Construction, Aerospace & Defense, Packaging, Textile Industry, Others
By Companies
Johnson Controls International Plc, Battery Solutions LLC, East Penn Manufacturing Company, Eco Bat Technlogies, G&P Batteries, Retrieve Technologies Inc., Umicore N.V., Exide Industries, EnerSys, Call2Recycle Inc., Gravita India Ltd., Aqua Metals, Gopher Resource, Terrapure Environmental, RSR Corporation
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Battery Materials Recycling Market Report Segments:
The global Battery Materials Recycling market is segmented on the basis of:
Types
Lead-Acid Battery, Nickel-based Battery, Lithium-based Battery
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
Automotive, Consumer goods & Electronics, Building & Construction, Aerospace & Defense, Packaging, Textile Industry, Others
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:
- Johnson Controls International Plc
- Battery Solutions LLC
- East Penn Manufacturing Company
- Eco Bat Technlogies
- G&P Batteries
- Retrieve Technologies Inc.
- Umicore N.V.
- Exide Industries
- EnerSys
- Call2Recycle Inc.
- Gravita India Ltd.
- Aqua Metals
- Gopher Resource
- Terrapure Environmental
- RSR Corporation
Highlights of The Battery Materials 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:
- Lead-Acid Battery
- Nickel-based Battery
- Lithium-based Battery
- By Application:
- Automotive
- Consumer goods & Electronics
- Building & Construction
- Aerospace & Defense
- Packaging
- Textile Industry
- Others
- 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 Battery Materials 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
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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?
Battery materials recycling is the process of recovering valuable metals and other materials from used batteries. This can include lead, nickel, copper, aluminum and more.
Some of the key players operating in the battery materials recycling market are Johnson Controls International Plc, Battery Solutions LLC, East Penn Manufacturing Company, Eco Bat Technlogies, G&P Batteries, Retrieve Technologies Inc., Umicore N.V., Exide Industries, EnerSys, Call2Recycle Inc., Gravita India Ltd., Aqua Metals, Gopher Resource, Terrapure Environmental, RSR Corporation.
The battery materials 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 Battery Materials 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 Battery Materials Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Materials 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 Battery Materials 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 Battery Materials Recycling Market Size & Forecast, 2018-2028
4.5.1 Battery Materials Recycling Market Size and Y-o-Y Growth
4.5.2 Battery Materials Recycling Market Absolute $ Opportunity
Chapter 5 Global Battery Materials 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 Battery Materials Recycling Market Size Forecast by Type
5.2.1 Lead-Acid Battery
5.2.2 Nickel-based Battery
5.2.3 Lithium-based Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Materials 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 Battery Materials Recycling Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer goods & Electronics
6.2.3 Building & Construction
6.2.4 Aerospace & Defense
6.2.5 Packaging
6.2.6 Textile Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Materials 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 Battery Materials 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 Battery Materials Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Battery Materials 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 Battery Materials Recycling Market Size Forecast by Type
9.6.1 Lead-Acid Battery
9.6.2 Nickel-based Battery
9.6.3 Lithium-based Battery
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 Battery Materials Recycling Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer goods & Electronics
9.10.3 Building & Construction
9.10.4 Aerospace & Defense
9.10.5 Packaging
9.10.6 Textile Industry
9.10.7 Others
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 Battery Materials Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Materials 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 Battery Materials Recycling Market Size Forecast by Type
10.6.1 Lead-Acid Battery
10.6.2 Nickel-based Battery
10.6.3 Lithium-based Battery
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 Battery Materials Recycling Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer goods & Electronics
10.10.3 Building & Construction
10.10.4 Aerospace & Defense
10.10.5 Packaging
10.10.6 Textile Industry
10.10.7 Others
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 Battery Materials Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Materials 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 Battery Materials Recycling Market Size Forecast by Type
11.6.1 Lead-Acid Battery
11.6.2 Nickel-based Battery
11.6.3 Lithium-based Battery
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 Battery Materials Recycling Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer goods & Electronics
11.10.3 Building & Construction
11.10.4 Aerospace & Defense
11.10.5 Packaging
11.10.6 Textile Industry
11.10.7 Others
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 Battery Materials Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Materials 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 Battery Materials Recycling Market Size Forecast by Type
12.6.1 Lead-Acid Battery
12.6.2 Nickel-based Battery
12.6.3 Lithium-based Battery
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 Battery Materials Recycling Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer goods & Electronics
12.10.3 Building & Construction
12.10.4 Aerospace & Defense
12.10.5 Packaging
12.10.6 Textile Industry
12.10.7 Others
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) Battery Materials Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Materials 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) Battery Materials Recycling Market Size Forecast by Type
13.6.1 Lead-Acid Battery
13.6.2 Nickel-based Battery
13.6.3 Lithium-based Battery
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) Battery Materials Recycling Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer goods & Electronics
13.10.3 Building & Construction
13.10.4 Aerospace & Defense
13.10.5 Packaging
13.10.6 Textile Industry
13.10.7 Others
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 Battery Materials Recycling Market: Competitive Dashboard
14.2 Global Battery Materials Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls International Plc
14.3.2 Battery Solutions LLC
14.3.3 East Penn Manufacturing Company
14.3.4 Eco Bat Technlogies
14.3.5 G&P Batteries
14.3.6 Retrieve Technologies Inc.
14.3.7 Umicore N.V.
14.3.8 Exide Industries
14.3.9 EnerSys
14.3.10 Call2Recycle Inc.
14.3.11 Gravita India Ltd.
14.3.12 Aqua Metals
14.3.13 Gopher Resource
14.3.14 Terrapure Environmental
14.3.15 RSR Corporation
