Market Overview:
The global secondary battery recycling market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market is segmented by type, application, and region. By type, the lead-acid battery segment is expected to dominate the market in terms of revenue share during the forecast period. By application, the recovered metals segment is projected to hold a major share of the global secondary battery recycling market during the forecast period.
Product Definition:
A secondary battery is a type of rechargeable battery. Secondary batteries are distinct from primary batteries, which are not rechargeable.
When a secondary battery is discharged, it can be recharged by applying an electrical current to it opposite in polarity to that used to discharge it.
The recycling of lead acid batteries helps conserve resources and protect the environment by reducing the need for new lead acid battery production.
Lead-acid :
Lead-acid is a chemical element, which has the symbol "Pb" and atomic number 84. It is a soft, heavy metal with low electrical resistance. Lead-acid consists of lead (Pb) and acid (HCL). Lead-acid can be recycled many times without any loss in its quality. The most common method to obtain lead-acid is by smelting of used batteries; hence it's also called as battery recycling or scrap lead.
Lithium-ion:
Lithium-ion (Li-ion) is a type of rechargeable battery which is extensively used in portable electronic devices such as mobile phones, digital cameras, and laptops. It also finds application in electric vehicles and other industrial applications. The growing demand for these products has led to an increase in the consumption of raw materials such as lithium (Li), cobalt (Co), manganese (Mn) and nickel (Ni).
Application Insights:
Other application segment includes electronic waste, which is anticipated to be the fastest-growing segment owing to rising demand for secondary batteries in various consumer electronics products. The other applications include recovered metals and other minerals. Recovered metal content accounts for a major share in this segment as it is an essential raw material required for manufacturing new batteries. However, growing preference towards digitalization and industrial shift towards renewable energy are expected to have a negative impact on market growth over the forecast period.
Electronic wastes including old cell phones/mobile devices, computers/laptops contain lead acid or lithium ion battery that can be recycled through reprocessing process with some modifications according to regional regulations specific to each country regarding e-waste disposal & management. Countries such as Japan have implemented strict laws about e-waste disposal while U.
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market over the forecast period. The growth can be attributed to rising battery recycling activities in countries, such as China and Japan. In 2016, these countries accounted for approximately 70% of global secondary battery production and consumption. Moreover, Asia Pacific is a major consumer of primary batteries as well due to high energy requirements in this region.
The European market also accounts for a significant share owing to stringent regulations regarding waste management coupled with increasing demand for recycled commodities across this region especially in Germany and U.K., which have been observed consuming more lead acid batteries than other types since past few years (as per Battery Council Europe statistics).
Growth Factors:
- Increasing demand for electric vehicles and hybrid vehicles
- Stringent government regulations on battery disposal and recycling
- Growing awareness about the benefits of secondary battery recycling
- Technological advancements in secondary battery recycling processes
- Rising prices of raw materials used in manufacturing batteries
Scope Of The Report
Report Attributes
Report Details
Report Title
Secondary Battery Recycling Market Research Report
By Type
Lead-acid , Lithium-ion, OthersÂ
By Application
Recovered metals, Other mineral
By Companies
Battery Solutions, Call2Recycle, Exide Technologies, Gravita India, Johnson Controls
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Secondary Battery Recycling Market Report Segments:
The global Secondary Battery Recycling market is segmented on the basis of:
Types
Lead-acid , Lithium-ion, OthersÂ
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
Recovered metals, Other mineral
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
- Call2Recycle
- Exide Technologies
- Gravita India
- Johnson Controls
Highlights of The Secondary 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-acidÂ
- Lithium-ion
- OthersÂ
- By Application:
- Recovered metals
- Other mineral
- 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 Secondary 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?
Secondary battery recycling is the process of recovering and reusing lead acid, nickel-cadmium, nickel-metal-hydride and lithium ion batteries.
Some of the major companies in the secondary battery recycling market are Battery Solutions, Call2Recycle, Exide Technologies, Gravita India, Johnson Controls.
The secondary battery recycling market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Secondary Battery Recycling Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Secondary Battery Recycling Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Secondary Battery Recycling Market - Supply Chain
4.5. Global Secondary Battery Recycling Market Forecast
4.5.1. Secondary Battery Recycling Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Secondary Battery Recycling Market Size (000 Units) and Y-o-Y Growth
4.5.3. Secondary Battery Recycling Market Absolute $ Opportunity
5. Global Secondary Battery Recycling Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Secondary Battery Recycling Market Size and Volume Forecast by Type
5.3.1. Lead-acid
5.3.2. Lithium-ion
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Secondary Battery Recycling Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Secondary Battery Recycling Market Size and Volume Forecast by Application
6.3.1. Recovered metals
6.3.2. Other mineral
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Secondary Battery Recycling Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Secondary Battery Recycling Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Secondary Battery Recycling Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Secondary Battery Recycling Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Secondary Battery Recycling Demand Share Forecast, 2019-2026
9. North America Secondary Battery Recycling Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Secondary Battery Recycling Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Secondary Battery Recycling Market Size and Volume Forecast by Application
9.4.1. Recovered metals
9.4.2. Other mineral
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Secondary Battery Recycling Market Size and Volume Forecast by Type
9.7.1. Lead-acid
9.7.2. Lithium-ion
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Secondary Battery Recycling Demand Share Forecast, 2019-2026
10. Latin America Secondary Battery Recycling Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Secondary Battery Recycling Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Secondary Battery Recycling Market Size and Volume Forecast by Application
10.4.1. Recovered metals
10.4.2. Other mineral
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Secondary Battery Recycling Market Size and Volume Forecast by Type
10.7.1. Lead-acid
10.7.2. Lithium-ion
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Secondary Battery Recycling Demand Share Forecast, 2019-2026
11. Europe Secondary Battery Recycling Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Secondary Battery Recycling Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Secondary Battery Recycling Market Size and Volume Forecast by Application
11.4.1. Recovered metals
11.4.2. Other mineral
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Secondary Battery Recycling Market Size and Volume Forecast by Type
11.7.1. Lead-acid
11.7.2. Lithium-ion
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Secondary Battery Recycling Demand Share, 2019-2026
12. Asia Pacific Secondary Battery Recycling Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Secondary Battery Recycling Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Secondary Battery Recycling Market Size and Volume Forecast by Application
12.4.1. Recovered metals
12.4.2. Other mineral
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Secondary Battery Recycling Market Size and Volume Forecast by Type
12.7.1. Lead-acid
12.7.2. Lithium-ion
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Secondary Battery Recycling Demand Share, 2019-2026
13. Middle East & Africa Secondary Battery Recycling Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Secondary Battery Recycling Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Secondary Battery Recycling Market Size and Volume Forecast by Application
13.4.1. Recovered metals
13.4.2. Other mineral
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Secondary Battery Recycling Market Size and Volume Forecast by Type
13.7.1. Lead-acid
13.7.2. Lithium-ion
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Secondary Battery Recycling Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Secondary Battery Recycling Market: Market Share Analysis
14.2. Secondary Battery Recycling Distributors and Customers
14.3. Secondary Battery Recycling Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Battery Solutions
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Call2Recycle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Exide Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gravita India
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Johnson Controls
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
