Press release
BATTERY RECYCLING MARKET TO REACH VALUATION OF ~US$ 8 BN BY 2027: TRANSPARENCY MARKET RESEARCH
Battery Recycling Market
The global battery recycling market was valued at US$ 3.45 Bn in 2018 and is anticipated to expand at a CAGR of ~10% during the forecast period
Based on battery chemistry, the lead-acid segment held a dominant share of the global battery recycling market in 2018. Secondary lead obtained from recycling is of high quality and low cost.
In terms of spent battery source, the automotive segment accounted for major share of the global battery recycling market in 2018. Increase in demand for automobiles, especially electric vehicles, across the globe is anticipated to boost the automotive segment during the forecast period.
Request PDF Brochure : https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9061
Key Drivers of Battery Recycling Market
Raw materials used in the manufacturing of batteries such as lead, mercury, and cadmium pose a high threat to the environment and human health. Improper disposal of these materials in landfills increases the chances of these hazardous heavy metals finding their way and contaminating groundwater and surface water sources.
The battery manufacturing industry has identified environmental hazards caused by improper disposal of these materials. It has taken initiatives to recycle batteries.
The commercial value of raw materials used in the manufacture of batteries is high. These raw materials are also non-renewable. However, raw materials can be recycled indefinite number of times. This helps maintain a supply of these raw materials from used batteries.
REQUEST FOR COVID19 IMPACT ANALYSIS : https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=9061
Major Developments in Battery Recycling Market
On May 22, 2018, Gravita India Ltd. signed an agreement with Amara Raja Batteries Limited for collection and recycling of lead-acid battery scrap. As per this contract, the former would be collecting/purchasing lead-acid battery scrap from designated locations of the latter. It is a joint initiative toward achieving environment protection and sustainability, wherein used batteries would be recycled and pure lead/lead alloys would be supplied back to Amara Raja Batteries.
Explore Transparency Market Research’s award-winning coverage of the global Industry:
http://www.prnewswire.com/news-releases/rising-international-sea-trade-will-help-bunker-fuel-market-revenue-to-reach-worth-of-us177-8-bn-by-2027-end-observes-tmr-301022269.html
Competition Landscape of Battery Recycling Market
The global battery recycling market is dominated by several mid & large size players operating across the globe
Prominent players functioning in the global battery recycling are Johnson Controls International PLC, Battery Solutions LLC, East Penn Manufacturing Company, G&P Batteries, Retriev Technologies Inc., EnerSys, Umicore N.V., Exide Technologies, LI-CYCLE CORP., American Manganese Inc., Kinsbursky Bros. Supply, Inc., Call2Recycle, Inc., Gravita India Ltd., and uRecycle
Global Battery Recycling Market: Segmentation
Battery Recycling Market, by Battery Chemistry
Lithium-ion
Lead-acid
Nickel-Cadmium
Others (Alkaline, NiMH, and Lithium Primary Batteries)
Battery Recycling Market, by Spent Battery Source
Automotive
Electronic Appliances
Others (including Industrial Sources)
Battery Recycling Market, by End Use
Extraction of Materials
Disposal
Repackaging, Reuse, and Second Life
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
About Us:
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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 BATTERY RECYCLING MARKET TO REACH VALUATION OF ~US$ 8 BN BY 2027: TRANSPARENCY MARKET RESEARCH here
News-ID: 2108419 • Views: …
More Releases from Transparency Market Research
Automotive Tinting Film Market to be Worth USD 7.5 Bn by 2035 - By Film Type / B …
The global automotive tinting film market was valued at US$ 4.8 billion in 2024 and is projected to reach US$ 7.5 billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2035. This steady growth reflects the increasing adoption of tinting films across passenger and commercial vehicles, supported by growing consumer awareness regarding comfort, safety, and vehicle preservation.
Preview crucial insights and findings from our…
Global Meat Substitutes Market Poised for Robust Growth, set to Reach 20,100.0 M …
The global meat substitutes market is undergoing a rapid transformation, emerging as one of the most dynamic and fast-evolving segments within the global food industry. According to the latest industry analysis, the market was valued at US$ 7,532.3 Mn in 2024 and is projected to reach US$ 20,100.0 Mn by 2035, expanding at a healthy compound annual growth rate (CAGR) of 9.4% from 2025 to 2035. This strong growth trajectory…
Wrist Dive Computer Market Outlook 2035: Global Market to Grow from US$ 258.6 Mn …
The global wrist dive computer market is steadily expanding as recreational and professional diving activities gain popularity worldwide. Valued at US$ 258.6 million in 2024, the market is projected to reach US$ 436.9 million by 2035, growing at a compound annual growth rate (CAGR) of 4.9% from 2025 to 2035. This growth reflects rising participation in scuba and freediving, increasing safety awareness among divers, and continuous innovation in wearable dive…
NOR Flash Market Outlook 2035: Automotive Electronics-Driven Growth to US$ 11.5 …
The global NOR Flash Market(https://www.transparencymarketresearch.com/nor-flash-market.html) was valued at US$ 2.6 Bn in 2024 and is projected to reach US$ 11.5 Bn by 2035, expanding at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2035. This sustained growth trajectory reflects the rising importance of reliable, fast-boot, and high-endurance non-volatile memory in embedded systems. Unlike data-centric storage technologies, NOR Flash remains indispensable for code storage, firmware execution, and mission-critical…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
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…
