Market Overview:
The global battery recycling market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for electric vehicles and the rising awareness about environmental concerns. The lead acid battery segment is expected to dominate the global battery recycling market in terms of revenue in 2018. This segment is also projected to grow at a CAGR of 6.4% from 2018 to 2030. The lithium-based battery segment is projected to grow at a CAGR of 7.8% from 2018to 2030, owingto the increasing demand for electric vehicles and portable devices such as laptops and smartphones .
Product Definition:
Battery recycling is the process of recovering and reprocessing batteries from spent or obsolete battery packs. The most common type of battery recycled is the lead-acid battery.
Lead Acid Battery:
Lead acid battery is one of the most common batteries used in various applications across the world. Lead-acid batteries are inexpensive, easy to manufacture and can be stored for a long time. These factors make it a popular choice among end users as well as manufacturers. Lead-acid battery market size spans application areas including automotive, telecom & IT, UPS (uninterruptible power supply), energy storage systems and solar power among others.
Lithium-Based Battery:
Lithium-based battery is a rechargeable battery that uses lithium as its positive and electron negative conductor. Lithium-ion technology is used in various consumer electronic products such as laptops, cell phones, digital cameras, etc. This technology has several benefits over the traditional batteries such as higher energy density, low self-discharge rate and long service life.
Application Insights:
The extraction of material application segment led the market in 2017 and is projected to continue its dominance over the forecast period. Extraction of material includes recycling or reprocessing of lead, zinc, nickel, cadmium and other rare metals found in batteries. The reuse application segment is also expected to witness significant growth during the forecast period owing to rising number of reusing batteries across end-use industries such as telecommunication & IT, healthcare equipment & vehicles among others.
The disposal application segment was valued at USD 536.1 million in 2017 owing to stringent regulations regarding landfilling or incineration of used battery cells due to toxic materials found inside them.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growing manufacturing sector, especially in China and India, has led to an increase in demand for batteries across various applications. Furthermore, increasing disposable electronic devices (IEDs) production globally is anticipated to drive the regional market further.
The European battery recycling industry followed Asia Pacific with a revenue share of more than 20% in 2017 owing to stringent regulations on e-waste disposal coupled with rising awareness among consumers regarding product lifecycle management. However, strict government policies on waste management are projected to hamper growth prospects over the coming years as recyclable materials account for a small proportion of total e-waste generated within Europe each year.
North America’s battery recycling industry was valued at USD X billion in 2017 owing high rate of electronic device penetration compared to other regions globally along with stringent government regulations pertaining proper treatment.
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 batteries, which in turn will drive the battery recycling market.
- Stringent environmental regulations: Governments across the globe are implementing stringent environmental regulations to reduce pollution levels. This is driving companies to adopt battery recycling as a way of reducing their carbon footprint and complying with these regulations.
- Rise in awareness about battery recycling: There has been a rise in awareness about battery recycling among consumers and businesses alike over the past few years. This is helping to drive the growth of the battery recycling market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Recycling Market Research Report
By Type
Lead Acid Battery, Lithium-Based Battery, Nickel-Based Battery, Other Batteries
By Application
Extraction of Material, Reuse, Repackaging and Second Life, Disposal
By Companies
Call2Rrecycle, Exide Technologies, Gravita India, Johnson Controls, East Penn Manufacturing, ENERSYS, Umicore, Retriev Technologies, G & P Batteries, The Doe Run Company, Gopher Resource, RSR Corporation, Terrapure Environmental, COM2 Recycling Solutions, World Logistics, Aqua Metals, Raw Materials Company, ENGITEC TECHNOLOGIES, Vinton Batteries
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Battery Recycling Market Report Segments:
The global Battery Recycling market is segmented on the basis of:
Types
Lead Acid Battery, Lithium-Based Battery, Nickel-Based Battery, Other Batteries
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
Extraction of Material, Reuse, Repackaging and Second Life, Disposal
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:
- Call2Rrecycle
- Exide Technologies
- Gravita India
- Johnson Controls
- East Penn Manufacturing
- ENERSYS
- Umicore
- Retriev Technologies
- G & P Batteries
- The Doe Run Company
- Gopher Resource
- RSR Corporation
- Terrapure Environmental
- COM2 Recycling Solutions
- World Logistics
- Aqua Metals
- Raw Materials Company
- ENGITEC TECHNOLOGIES
- Vinton Batteries
Highlights of The 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:
- Lead Acid Battery
- Lithium-Based Battery
- Nickel-Based Battery
- Other Batteries
- By Application:
- Extraction of Material
- Reuse, Repackaging and Second Life
- Disposal
- 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 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
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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 recycling is the process of recovering usable battery materials from spent or damaged batteries. This can include removing the lead and other metals, cleaning the cells, and then forming new batteries from the recycled material.
Some of the major players in the battery recycling market are Call2Rrecycle, Exide Technologies, Gravita India, Johnson Controls, East Penn Manufacturing, ENERSYS, Umicore, Retriev Technologies, G & P Batteries, The Doe Run Company, Gopher Resource, RSR Corporation, Terrapure Environmental, COM2 Recycling Solutions, World Logistics, Aqua Metals, Raw Materials Company, ENGITEC TECHNOLOGIES, Vinton Batteries.
The battery recycling market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 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 Battery Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Battery Recycling Market Size & Forecast, 2020-2028
4.5.1 Battery Recycling Market Size and Y-o-Y Growth
4.5.2 Battery Recycling Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Lead Acid Battery
5.2.2 Lithium-Based Battery
5.2.3 Nickel-Based Battery
5.2.4 Other Batteries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Extraction of Material
6.2.2 Reuse
6.2.3 Repackaging and Second Life
6.2.4 Disposal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Lead Acid Battery
9.6.2 Lithium-Based Battery
9.6.3 Nickel-Based Battery
9.6.4 Other Batteries
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 Market Size Forecast by Applications
9.10.1 Extraction of Material
9.10.2 Reuse
9.10.3 Repackaging and Second Life
9.10.4 Disposal
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Lead Acid Battery
10.6.2 Lithium-Based Battery
10.6.3 Nickel-Based Battery
10.6.4 Other Batteries
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 Market Size Forecast by Applications
10.10.1 Extraction of Material
10.10.2 Reuse
10.10.3 Repackaging and Second Life
10.10.4 Disposal
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Lead Acid Battery
11.6.2 Lithium-Based Battery
11.6.3 Nickel-Based Battery
11.6.4 Other Batteries
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 Market Size Forecast by Applications
11.10.1 Extraction of Material
11.10.2 Reuse
11.10.3 Repackaging and Second Life
11.10.4 Disposal
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Lead Acid Battery
12.6.2 Lithium-Based Battery
12.6.3 Nickel-Based Battery
12.6.4 Other Batteries
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 Market Size Forecast by Applications
12.10.1 Extraction of Material
12.10.2 Reuse
12.10.3 Repackaging and Second Life
12.10.4 Disposal
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Lead Acid Battery
13.6.2 Lithium-Based Battery
13.6.3 Nickel-Based Battery
13.6.4 Other Batteries
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) Market Size Forecast by Applications
13.10.1 Extraction of Material
13.10.2 Reuse
13.10.3 Repackaging and Second Life
13.10.4 Disposal
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 Recycling Market: Competitive Dashboard
14.2 Global Battery Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Call2Rrecycle
14.3.2 Exide Technologies
14.3.3 Gravita India
14.3.4 Johnson Controls
14.3.5 East Penn Manufacturing
14.3.6 ENERSYS
14.3.7 Umicore
14.3.8 Retriev Technologies
14.3.9 G & P Batteries
14.3.10 The Doe Run Company
14.3.11 Gopher Resource
14.3.12 RSR Corporation
14.3.13 Terrapure Environmental
14.3.14 COM2 Recycling Solutions
14.3.15 World Logistics
14.3.16 Aqua Metals
14.3.17 Raw Materials Company
14.3.18 ENGITEC TECHNOLOGIES
14.3.19 Vinton Batteries
