Press release
Battery Recycling Market Advancing Due to Recycling Initiatives in 2018 and Dominating Players Like Johnson Controls, Umicore, Exide Technologies, Teck Resources Limited, EnerSys, East Penn Manufacturing Co.
Battery Recycling
The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. The Global Battery Recycling Market accounted for USD 8.23 billion in 2016 and is projected to grow at a CAGR of 6.7% during the forecast period of 2017 to 2024.
Also the Global Battery Recycling Market, By Chemistry (Lead Acid, Lithium-Based, Nickel-Based) By Source (Automotive, Industrial, Consumer & Electronic Appliance) By End-use (Extraction of Material, Repackaging, Reuse, and Second Life, Disposal) – Industry Trends and Forecast to 2024.
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Major Market Competitors: Global Battery Recycling Market
• Call2recycle
• Aqua Metals
• Umicore, Exide Technologies
• Johnson Controls
• Enersys, Gravita India Limited
• Teck Resources Limited
• Battery Solutions, Inc.
Other Players Are Gopher Resource, G&P Batteries, Terrapure Environmental, East Penn Manufacturing Co., Retriev Technologies Inc, COM2 Recycling Solutions, RSR Corporation, The Doe Run Company, Raw Materials Company, World Logistics Inc, Guangdong Brunp Recycling Technology Co., Ltd, Metalex Products Limited, Accurec Recycling GmbH, Tonolli Canada Ltd, Kinbursky Brothers Inc., Recupyl S.A.S, Vinton Batteries and many more.
Competitive Landscape: Global Battery Recycling Market
The global battery recycling market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Drivers: Global Battery Recycling Market
Stringent government regulations for battery disposal
Depletion of earth metals
High demand for recycled products and materials
Market Restraint: Global Battery Recycling Market
Safety Issues related to storage and transportation of old batteries
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Market Segmentation: Global Battery Recycling Market
The battery recycling market is segmented on the basis of chemistry into lead acid, lithium-based and nickel-based.
• On the basis of source, the market is segmented into automotive, industrial, consumer & electronic appliance.
• On the basis of end-use, the market is segmented into extraction of material, repackaging, reuse, and second life and disposal.
• On the basis of geography, the battery recycling market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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