Press release
Battery Recycling Market Overview, Business Intelligence With Johnson Controls, Umicore, EnerSys, The Doe Run Company, Exide Technologies, RSR Corporation, Genox Recycling Technology, Com2 Recycling Solutions, Teck Resources Limited
Battery Recycling Market
For achieving an incredible growth in business, this Battery recycling market research report plays very central role. This report lends a hand to make out how the market is going to perform in the forecast years by offering you information about market definition, classifications, applications, and engagements. This market report describes the strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the Battery recycling industry. You can request an analyst call or drop down an enquiry to get detailed Battery recycling market report.
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Global battery recycling market is expected to rise from its initial estimated value of USD 9.31 billion in 2018 to an estimated value of USD 15.30 billion by 2026, registering a CAGR of 6.4% in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in high demand for recycled products and materials.
Key Market Competitors:
Few of the major competitors currently working in the global battery recycling market are Call2recycle Inc, Aqua Metals Inc, Umicore, Exide Technologies, Johnson Controls, Enersys, Gravita India Limited, Teck Resources Limited, Battery Solutions, Inc., Gopher Resource, G&P Batteries, Terrapure Environmental, East Penn Manufacturing Company, Retriev Technologies, COM2 Recycling Solutions, RSR Corporation, The Doe Run Company, Raw Materials Company, World Logistics, Guangdong Brunp Recycling Technology Co., Ltd, Metalex Limited, Accurec Recycling GmbH, Kinbursky Bros. Supply Inc., Recupyl S.A.S, Vinton Batteries and many more.
Key Developments in the Market:
· In February 2019, the United States Department of Energy (DOE) has started a battery recycling research and development centre in Chicago. The major focus of this R&D facility is to recycle materials from lithium-ion batteries. This new initiative by US Government will lead US as a major player in the world of battery recycling.
· In September 2017, a conference was held by International Congress for Battery Recycling ICBR. In this the latest trends in the battery industry, impact which will increase electric mobility and new developments that are shaping the battery recycling sector had been discussed. This has changed the global aspect towards battery Recycling, as 225 industries experts who attended this conference exchanged their views on battery recycling.
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Market Drivers:
· Stringent government regulations for battery disposal
· Depletion of earth metals
· High demand for recycled products and materials
Segmentation: Global Battery Recycling Market
· By Battery Type
o Lead-Acid Battery
o Nickel-based Battery
o Lithium-based Battery
· By End User
o Extraction Of Material
o Reuse, Repackaging & Second Life
o Disposal
· By Source
o Automotive
o Industrial
o Consumer & electronic appliance
· By Geography
o North America
o South America
o Europe
o Asia-Pacific
o Middle East and Africa
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