Press release
Primary Battery Recycling Market Key Player are BatteriForeningen, Call2Recycle, Corepile, GRS Batterien, and Retriev Technologies
The primary batter recycling market size will grow by almost USD 36 million during 2018-2022. This report offers an analysis of the market based on technology type (alkaline, primary lithium, and others). The primary battery recycling market research report further presents in-depth insights on the growth prospects of the market across geographic regions such as Europe and RoW.
The primary battery recycling market is highly fragmented with the presence of several international and regional vendors who offer products for based on technology such as alkaline, primary lithium, and others. Many established primary battery recycling companies are vying for their share of the market, and the new players must differentiate themselves to gain vital traction over their peers. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this primary battery recycling industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies for improving their share in the market.
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Some of the leading players in the Primary Battery Recycling market include , BatteriForeningen, Call2Recycle, Corepile, GRS Batterien, and Retriev Technologies.
The self-sufficiency of raw materials is one of the key reasons expected to boost the primary battery recycling market growth in the next five years. The supply of critical raw materials required for battery manufacturing can be ensure by sourcing from other countries, developing domestic sourcing, and promoting the recycling of used or scrap batteries. The raw materials required for battery manufacturing include natural graphite, manganese, and nickel, which are found in high concentration in some countries across the globe. According to the European Commission, China accounted for 69% and 31% of the global demand for natural graphite and nickel, respectively, while Australia and Chile catered to more than half of the global demand for lithium.
The high production rates provide these countries with a firm control over the market, which makes other countries heavily dependent on these countries for raw materials for battery manufacturing. To attain self-sustainability, recycling of batteries remains the best option, which is forecasted to fuel the growth of the global primary battery recycling market. The increasing urbanization in emerging markets will drive the primary battery recycling market to grow at a CAGR of nearly 9% during the forecast period.
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According to our market research experts, the alkaline technology segment will account for the largest share in the primary battery recycling market. Additionally, the report also provides an accurate prediction of the contribution of the various technology types to the growth of the primary battery recycling market size.Key highlights of the global primary battery recycling market for the forecast years 2018-2022:
These questions are mentioned below:
•What are the main factors likely to encourage the growth of global Primary Battery Recycling market?
•Which factors are expected to limit the development of the global Primary Battery Recycling market?
•Which application and product segments are anticipated to top in the forecast period?
•Which geographical segment is expected to lead and hold main share of the global Primary Battery Recycling market in the next few years?
•What are the projected values and growth rate of the global Primary Battery Recycling market?
•Which are the key players operating in the global Primary Battery Recycling market?
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