Call2Recycle, Inc. (U.S.), Battery Solutions, LLC. (U.S.), Exide Technologies, Inc. (U.S.), Gravita India Ltd. (India), and Johnson Controls Inc. (U.S.) are the Renowned Players in Battery Recycling Market - Report by MarketsandMarkets™

According to recent research "Battery Recycling Market by Chemistry (Lead Acid, Lithium-Based, Nickel-Based), Source (Automotive, Industrial, Consumer & Electronic Appliance), End Use, Material, and Region - Global Forecast to 2022", published by MarketsandMarkets™, The global battery recycling market was valued at USD 8.10 Billion in 2016 and is projected to reach USD 11.83 Billion by 2022, at a CAGR of 6.5% from 2017 to 2022.

Browse 104 market data tables and 42 figures spread through 148 pages and in-depth TOC on "Battery Recycling Market - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/battery-recycling-market-147696175.html

Early buyers will receive 10% customization on this report.

The rising concerns about depleting earth metals and government initiatives to recycle batteries are the drivers for the battery recycling market globally. Subsidies to encourage battery recycling and growing number of hybrid and electric vehicle batteries could provide growth opportunities for the battery recycling market in the coming years. The global battery recycling market is projected to reach USD 11.83 billion by 2022, at a CAGR of 6.5% from 2017 to 2022.

The lead-acid battery chemistry segment dominated the battery recycling market in 2016 and is also expected to witness high growth during the forecast period. This growth can be attributed to the increased demand from Europe, North America, and Asia-Pacific regions. The increasing demand from developing countries in Asia-Pacific and South & Central America is also expected to boost the growth of the battery recycling market. The growing global population is expected to fuel the demand for passenger cars, which, in turn, is expected to drive the battery recycling market.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147696175

Based on source, the automotive segment is expected to witness the highest growth during the forecast period, in terms of value. This source accounts for the highest output of spent lead acid batteries in all the regions. The increasing uses of automobiles and growing number of government regulations to recycle the batteries have fueled the global demand for battery recycling market. The growth in demand is particularly high in the emerging regions such as Asia-Pacific for automobile batteries. Automotive source is evolving as the most suitable battery source for battery recycling as batteries used in automobiles are the most commonly used type of batteries and 99% of the lead content of these batteries is recyclable.

Europe dominated the battery recycling market in 2016, in terms of value. In Europe, the battery recycling market in Germany is projected to witness the highest growth between 2017 and 2022. The battery recycling market has developed rapidly owing to enforcement of stringent environmental regulations. The automotive industry in Germany is also growing at a high rate, which, in turn, is expected to fuel the growth of the Germany battery recycling market. The lead acid chemistry segment led the Germany battery recycling market in 2016.

Request Sample@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=147696175

Key players operational in the battery recycling market include Call2Recycle, Inc. (U.S.), Battery Solutions, LLC. (U.S.), Exide Technologies, Inc. (U.S.), Gravita India Ltd. (India), and Johnson Controls Inc. (U.S.).

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

This release was published on openPR.