openPR Logo
Press release

New report examines the Global Battery Recycling Market - Top Key Players are Battery Solutions LLC, Call2Recycle, Exide Technologies, East Penn Manufacturing Company, EnerSys, G & P Batteries, Gravita India Ltd., Johnson Controls, and Umicore N.V.

09-17-2018 12:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

New report examines the Global Battery Recycling Market - Top Key

Global Battery Recycling Market Overview:

Battery recycling is the process of recycling used batteries from a variety of sources, preventing them from entering municipal waste and landfills for disposal. Almost all household batteries, cell phone batteries, power tools, laptops, remote controls and car batteries can be recycled. The batteries include several toxic and dangerous metals and heavy metals such as lead, mercury, nickel and cadmium. These can contaminate soil or groundwater and surface resources if they enter landfills. During the incineration, the batteries release these metals into the environment with the ashes formed during the process. The recycling of the battery prevents the degradation of the environment and the possible risks to the health. The batteries are made of various chemical compositions and materials. Each type of battery has a different recycling process. Therefore, classifying batteries according to their chemical composition becomes an important aspect of battery recycling.

Global Battery Recycling Market Size:

According to our report, The Global Battery Recycling Market is projected to reach USD 11.83 Billion by 2022, at a CAGR of 6.5% between 2017 and 2022.

Get Sample Brochure of the Report @ https://www.researchcosmos.com/request/global-battery-recycling-market-analysis-and-forecast-to-202/4566973

Drivers and Restraints:

Batteries can pose a threat to the environment and human health. The raw materials used in the manufacture of batteries such as mercury, lead, nickel and cadmium represent a major threat to human life and the environment. The improper disposal of used batteries in landfills can lead to the leaching of these heavy metals, contaminating not only groundwater and surface water sources, but also contaminates soil. The battery manufacturing industry has identified these potential environmental risks caused by improper disposal and has taken initiatives to recycle used batteries. Several governmental and non-profit organizations have also taken steps to increase awareness of the harmful effects of the disposal of hazardous batteries and the benefits of battery recycling. They have collaborated with several automotive companies and service providers for the same. Therefore, increasing environmental concerns should be a key factor in the market.

Currently, battery recycling is largely achieved at an industrial and commercial level. Some small-scale consumers know about battery recycling. The awareness of battery recycling at the individual level is low. As a result, the end users of these batteries dump them into landfills instead of giving them to waste pickers. This causes pollution in the environment, as well as several other hazards. The disposal of these batteries in landfills also hinders the recycling process due to the difficulty of classifying these batteries. Therefore, the low awareness of end users should slow down the battery recycling market in the coming years.

Geographic Segmentation:

Depending on the region, the battery recycling market can be divided into North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Europe dominated the global battery recycling market in 2017. This can be attributed mainly to the implementation of strict environmental regulations for the disposal and recycling of batteries throughout the region. However, the Asia-Pacific market is expected to experience significant growth during the forecast period, mainly due to the increased demand for batteries in developing countries and the knowledge of battery recycling in the region.

Key players operating in the global battery recycling market are Battery Solutions LLC, Call2Recycle, Inc., Exide Technologies, Retriev Technologies, Inc., East Penn Manufacturing Company, EnerSys, G & P Batteries, Gravita India Ltd., Johnson Controls, Inc., and Umicore N.V.

Browse report brief and TOC @ https://www.researchcosmos.com/reports/global-battery-recycling-market-analysis-and-forecast-to-2022-growth-opportunity-assessment/4566973

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Inquire Before Buying @ https://www.researchcosmos.com/inquire/global-battery-recycling-market-analysis-and-forecast-to-202/4566973

About Us:

Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Contact: 
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release New report examines the Global Battery Recycling Market - Top Key Players are Battery Solutions LLC, Call2Recycle, Exide Technologies, East Penn Manufacturing Company, EnerSys, G & P Batteries, Gravita India Ltd., Johnson Controls, and Umicore N.V. here

News-ID: 1242262 • Views:

More Releases from Research Cosmos

Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
The size of the Global mobile phone insurance market is estimated to reach USD 32.24 billion by 2025, growing at a CAGR of 12.5%, as per the recently published report by Research Cosmos. It is worth to claim insurance for mobile phones as we are spending a lot of money on purchasing. The policies include accidental damage, water damage, and screen cracking. Browse details of the report @ https://www.researchcosmos.com/reports/mobile-phone-insurance-market/199557834 Growing utilization
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By 2025 | Leading Market Players - Kudos, Achievers Corp., REFFIND Ltd., Globoforce, Terryberry, Ultimate Software, Peoplecart, CorporateRewards
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By …
Social Employee Recognition Systems Market Analysis Size, Growth rate and Overview: Social Employee Recognition Systems Market was valued at USD xx million in 2018 and is expected to reach almost USD xx million by the end of 2025, growing at a CAGR of around xx% over the predicted period. Throughout the world, social employee recognition systems have expanded dramatically to address the need to move away from traditional methods and programs of

More Releases for Battery

America SLI Battery Market Segment, Trends and Forecast to 2026 | XS Power Batte …
Global Market Insights has launched a report on America SLI Battery Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere. Global Market Insights, Inc. forecasts the America SLI Battery Market
Golf Cart Battery Market | Axion Power, Samsung SDI, Dyno Battery, Smart Battery
Global Golf Cart Battery Market: Overview The global market for golf cart batteries is expected to expand at a promising pace in the next few years, with the rising uptake of golf carts as practical transportation modes for elderly in places such as airports, crowded stations, and tourist locations globally expected to act as a key growth factor. The increased usage of golf carts other nonconventional application areas is also expected
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors. The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017 A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery