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Battery Recycling Market Expected to Grow at 11.83 Billion In Revenue by 2022
According to Market Study Report, Battery Recycling Market provides a comprehensive analysis of the Battery Recycling Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Battery Recycling Market. An exclusive data offered in this report is collected by research and industry experts team.Get Instant Free Sample Copy in PDF Format at https://www.reportsnreports.com/contacts/requestsample.aspx?name=967382
The Global Battery Recycling Market is projected to reach US$ 11.83 Billion by 2022, at a CAGR of 6.5% from 2017 to 2022. This report spread across 147 Pages, Profiling 19 Companies and Supported with 104 Tables and 42 figures is now available in this research.
Top Companies profiled in the Battery Recycling Market:
o BASF SE (Germany)
o Dow AgroSciences LLC (U.S.)
o Sumitomo Chemical Co.Ltd (Japan)
o Bayer CropScience AG (Germany)
o Syngenta AG (Switzerland)
o Nippon Soda Co. Ltd. (Japan)
o Nufarm Ltd. (Australia)
"Based on chemistry, the lead acid battery segment is the largest segment of the battery recycling market"
The lead-acid battery chemistry segment led the battery recycling market in 2016. This chemistry segment is evolving as the most suitable battery type for recycling as it is the most commonly used battery and 99% of its lead content is recyclable. In addition, the recycling of lead-acid chemistry has been proved to be safe to the ecosystem. It is highly regulated and practiced at local, state, national, and international levels.
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"Automotive batteries is the fastest-growing source segment in the global battery recycling market"
The automotive source segment is projected to witness the highest growth from 2017to 2022.The rising use of automobiles and growing number of government regulations to recycle the batteries has fueled the global demand for battery recycling. The growth in demand for recycling of batteries is particularly high in the emerging regions such as Asia-Pacific for automobile batteries.
"Europe led the global battery recycling market in 2016"
Europe led the global battery recycling market in 2016. The battery recycling market in Europe is projected to witness the highest growth in the coming years. The growing output of spent batteries from various end-use sources, such as automotive, industrial, and consumer & electronic appliances is responsible for the growth of the Europe battery recycling market.
Target Audience for Battery Recycling Market:
o Spent Battery Traders, Suppliers, and Distributors
o Battery Recyclers
o Government and Research Organizations
o Associations and Industrial Bodies
o Industry Associations
o Smelters and Distributors
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Reasons to access this report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall battery recycling market and the sub segments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies.
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