Market Overview:
The global lead acid 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 lead acid batteries from various applications such as automotive, utilities, construction, telecom, marine and UPS. In addition, the stringent environmental regulations regarding the disposal of lead acid batteries are also fueling the growth of this market. However, volatility in prices of raw materials used in manufacturing lead acid batteries may restrain the growth of this market during the forecast period. Based on type, VRLA Lead Acid Battery segment is expected to hold a dominant position in global Lead Acid Battery Recycling Market during forecast period owing to its high adoption rate across various applications.
Product Definition:
Lead acid battery recycling is the process of recovering lead and other materials from spent lead acid batteries. Recycling lead acid batteries helps conserve natural resources and prevents pollution.
VRLA Lead Acid Battery:
Virtual Reality Labels or VRLA are a labeling standard for battery packs that helps in classifying the quality of batteries. It consists of three labels namely Type 1, Type 2 and Type 3 which provides information regarding the quality level of batteries. The major factor contributing to its growth is due to increasing demand for lead acid batteries from various end-use industries such as automotive, construction equipment and power tools among others owing to their low cost compared with other advanced technologies available in market at present time.
Flooded Lead Acid Battery:
Flooded lead acid battery is one of the most common types of batteries used in automotive applications. It is also used for power backup in residential and commercial places. These are maintenance free batteries and do not require any complex maintenance procedures other than recharging when it gets discharged. They have a longer life span as compared to conventional ones owing to the absence of a ventricular charge cycle, which makes them cost effective in the long run.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. Automotive is one of the prominent sectors that are adopting VRLA batteries as they have high energy density, lightweight properties, and affordable price tags. Moreover, increasing production levels of electric vehicles (EVs) across major economies including China, U.S., Germany and Japan are likely to drive demand for lead-acid batteries during the forecast period owing to their ability to provide long duration power with a small size battery box which results in reduced overall vehicle weight thereby improving fuel economy and reducing pollution on roadsides globally.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing product demand from end-use industries, such as automotive, construction, telecom and others. China is one of the major producers of lead acid batteries globally owing to cheap labor cost and availability of raw materials. The country has witnessed a significant increase in battery recycling activities since 2010 due to which it emerged as a global leader in lead acid battery recycling.
North America region also contributed significantly towards market growth owing to high demand for VRLA batteries from various applications including UPS & PDU (uninterruptible power supply), marine and renewable energy storage among others across U.S., Canada, Mexico etc.
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 lead acid batteries, which can be recycled.
- Stringent environmental regulations: Governments across the world are implementing stringent environmental regulations, which is leading to an increase in the demand for lead acid battery recycling.
- Rising prices of raw materials: The prices of key raw materials used in lead acid battery manufacturing such as lead and sulfuric acid are rising, resulting in increased costs for manufacturers. This is leading to an increase in the demand for recycled lead acid batteries as they are cheaper than new ones.
- Growing awareness about environment-friendly practices: There is a growing awareness among consumers about environment-friendly practices such as recycling and this is driving the growth of the Lead Acid Battery Recycling market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lead Acid Battery Recycling Market Research Report
By Type
VRLA Lead Acid Battery, Flooded Lead Acid Battery, Other
By Application
Automotive, Utilities, Construction, Telecom, Marine, UPS, Others
By Companies
Battery Solutions, Call2Recyle, Exide Technologies, Gravita Group, Johnson Controls, EnerSys, Aqua Metals, ECOBAT Technologies, Umicore, SUNLIGHT Recycling, HydroMet, Retriev Technologies, Campine, Gopher Resource, G&P Batteries, Terrapure Environmental, East Penn Manufacturing, RSR Corporation, INMETCO (American Zinc Recycling), Cleanlites Recycling, Enva, C&D Technologies
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 Lead Acid Battery Recycling Market Report Segments:
The global Lead Acid Battery Recycling market is segmented on the basis of:
Types
VRLA Lead Acid Battery, Flooded Lead Acid Battery, 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
Automotive, Utilities, Construction, Telecom, Marine, UPS, 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:
- Battery Solutions
- Call2Recyle
- Exide Technologies
- Gravita Group
- Johnson Controls
- EnerSys
- Aqua Metals
- ECOBAT Technologies
- Umicore
- SUNLIGHT Recycling
- HydroMet
- Retriev Technologies
- Campine
- Gopher Resource
- G&P Batteries
- Terrapure Environmental
- East Penn Manufacturing
- RSR Corporation
- INMETCO (American Zinc Recycling)
- Cleanlites Recycling
- Enva
- C&D Technologies
Highlights of The Lead Acid 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:
- VRLA Lead Acid Battery
- Flooded Lead Acid Battery
- Other
- By Application:
- Automotive
- Utilities
- Construction
- Telecom
- Marine
- UPS
- 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 Lead Acid 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.
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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?
Lead acid battery recycling is the process of recovering lead and other metals from spent lead acid batteries. The metals are then sold to companies that use them in manufacturing new batteries or other products.
Some of the major players in the lead acid battery recycling market are Battery Solutions, Call2Recyle, Exide Technologies, Gravita Group, Johnson Controls, EnerSys, Aqua Metals, ECOBAT Technologies, Umicore, SUNLIGHT Recycling, HydroMet, Retriev Technologies, Campine, Gopher Resource, G&P Batteries, Terrapure Environmental, East Penn Manufacturing, RSR Corporation, INMETCO (American Zinc Recycling), Cleanlites Recycling, Enva, C&D Technologies.
The lead acid 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 Lead Acid 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 Lead Acid Battery Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lead Acid 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 Lead Acid 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 Lead Acid Battery Recycling Market Size & Forecast, 2018-2028
4.5.1 Lead Acid Battery Recycling Market Size and Y-o-Y Growth
4.5.2 Lead Acid Battery Recycling Market Absolute $ Opportunity
Chapter 5 Global Lead Acid 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 Lead Acid Battery Recycling Market Size Forecast by Type
5.2.1 VRLA Lead Acid Battery
5.2.2 Flooded Lead Acid Battery
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lead Acid 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 Lead Acid Battery Recycling Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Utilities
6.2.3 Construction
6.2.4 Telecom
6.2.5 Marine
6.2.6 UPS
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lead Acid 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 Lead Acid 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 Lead Acid Battery Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Lead Acid 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 Lead Acid Battery Recycling Market Size Forecast by Type
9.6.1 VRLA Lead Acid Battery
9.6.2 Flooded Lead Acid Battery
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 Lead Acid Battery Recycling Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Utilities
9.10.3 Construction
9.10.4 Telecom
9.10.5 Marine
9.10.6 UPS
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 Lead Acid Battery Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Lead Acid 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 Lead Acid Battery Recycling Market Size Forecast by Type
10.6.1 VRLA Lead Acid Battery
10.6.2 Flooded Lead Acid Battery
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 Lead Acid Battery Recycling Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Utilities
10.10.3 Construction
10.10.4 Telecom
10.10.5 Marine
10.10.6 UPS
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 Lead Acid Battery Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lead Acid 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 Lead Acid Battery Recycling Market Size Forecast by Type
11.6.1 VRLA Lead Acid Battery
11.6.2 Flooded Lead Acid Battery
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 Lead Acid Battery Recycling Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Utilities
11.10.3 Construction
11.10.4 Telecom
11.10.5 Marine
11.10.6 UPS
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 Lead Acid Battery Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Lead Acid 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 Lead Acid Battery Recycling Market Size Forecast by Type
12.6.1 VRLA Lead Acid Battery
12.6.2 Flooded Lead Acid Battery
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 Lead Acid Battery Recycling Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Utilities
12.10.3 Construction
12.10.4 Telecom
12.10.5 Marine
12.10.6 UPS
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) Lead Acid Battery Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lead Acid 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) Lead Acid Battery Recycling Market Size Forecast by Type
13.6.1 VRLA Lead Acid Battery
13.6.2 Flooded Lead Acid Battery
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) Lead Acid Battery Recycling Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Utilities
13.10.3 Construction
13.10.4 Telecom
13.10.5 Marine
13.10.6 UPS
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 Lead Acid Battery Recycling Market: Competitive Dashboard
14.2 Global Lead Acid Battery Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Battery Solutions
14.3.2 Call2Recyle
14.3.3 Exide Technologies
14.3.4 Gravita Group
14.3.5 Johnson Controls
14.3.6 EnerSys
14.3.7 Aqua Metals
14.3.8 ECOBAT Technologies
14.3.9 Umicore
14.3.10 SUNLIGHT Recycling
14.3.11 HydroMet
14.3.12 Retriev Technologies
14.3.13 Campine
14.3.14 Gopher Resource
14.3.15 G&P Batteries
14.3.16 Terrapure Environmental
14.3.17 East Penn Manufacturing
14.3.18 RSR Corporation
14.3.19 INMETCO (American Zinc Recycling)
14.3.20 Cleanlites Recycling
14.3.21 Enva
14.3.22 C&D Technologies
