Press release
Global Battery Recycling Market Size, Share, Forecast 2021 - 2030 | Top key players: Raw Materials Company Inc., Retriev Technologies Inc.
Global Battery Recycling Market Size
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Comprehensive historical analysis of global market for Battery Recycling has thoroughly analyzed in this report. It offers data and insights from 2020-2023, and provides extensive market forecasts from 2024-2035 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Global Battery Recycling Market.
Market Overview:
Due to environmental concerns and waste management regulations, batteries must be recycled. Disposing of batteries with other household rubbish has raised worries about water and environmental contamination since they contain multiple heavy metals and pose environmental hazards. As the public's awareness of environmental issues increases, more attention is being paid to resource management that is environmentally benign.
It is projected that the global need for battery recycling would increase due to factors like strict government regulations, environmental protection, and rising public awareness. The demand for fully electric cars is predicted to rise as North American and European wealthy nations' infrastructure and technology advance. With a high global recycling rate and a contribution to over 85% of all lead usage globally, lead-acid cells are among the most recycled items worldwide. Over the course of the forecast period, these factors are expected to support the expansion of the battery recycling market. Additionally, it is anticipated that the battery recycling sector will present enormous opportunities during the forecast period due to the growing demand for portable electronic devices.
The global market is Battery Recycling growth due to:
• Stringent environmental regulations and global initiatives promoting sustainable waste management, which are compelling manufacturers and consumers to adopt battery recycling solutions.
• Growing awareness among consumers and industries about the environmental hazards posed by improper battery disposal, encouraging the adoption of eco-friendly recycling practices.
• High recyclability of lead-acid batteries, which continue to dominate the global battery recycling landscape due to their cost-effectiveness and well-established recycling infrastructure.
Over the course of the projected period, the lithium-ion battery segment is experiencing a notable compound annual growth rate.
Lead acid batteries, nickel cadmium batteries, nickel metal hydride batteries, lithium-ion batteries, and other battery types are the many battery types that make up the global battery recycling market. The lithium-ion battery is anticipated to grow at a notable compound annual growth rate (CAGR) throughout the course of the projection period. The growing use of lithium-based batteries in applications including electrical appliances, transportation, and others is one of the key factors driving this markets growth.
During the projection period, the market is dominated by the extraction of materials sector.
The global battery recycling market is divided into several segments based on battery recycling, including material extraction, reuse, repackaging and second life, disposal, and others. Among them, the extraction of materials segment is anticipated to develop at a substantial compound annual growth rate (CAGR) throughout the projected period due to increased efforts by governmental and non-governmental organizations to build electricity from renewable sources facilities. The growing popularity of battery-powered electric vehicles as a substitute for traditional fuel-powered cars is one of the main drivers propelling this market's expansion.
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Leading players of Battery Recycling Market including:
• Raw Materials Company Inc.
• Retriev Technologies Inc.
• American Manganese Inc.
• ACCUREC-Recycling GmbH
• Glencore
• Call2Recycle, Inc.
• Envirostream Australia Pty Ltd
• Neometals Ltd.
• Exide Technologies
• Battery Solutions, LLC
• Li-Cycle Corp.
• ECOBAT Logistics
• Johnson Controls International plc
• EnerSys
• Fortum Oyj
• Aqua Metals, Inc.
• Cirba Solutions
• Gravita India Ltd.
• TES-AMM Singapore Pte Ltd
• Umicore
• Duesenfeld
• OnTo Technology LLC
• East Penn Manufacturing Company
Here are the key challenges in the Battery Recycling Market, based on the Spherical Insights:
1. Technical Complexity in Recycling Advanced Chemistries
• Lithium-ion batteries (Li-ion) are complex to disassemble and recycle due to:
o Varying chemistries (LFP, NMC, NCA, etc.)
o Risk of fire, explosion, and toxic material exposure
• Current recycling technologies are still expensive, inefficient, and energy-intensive, especially for lithium and cobalt recovery.
2. High Capital and Operational Costs
• Recycling infrastructure (esp. hydrometallurgical plants) demands high upfront investment.
• Operating costs include safe handling, logistics, energy use, and environmental compliance.
• Many recyclers lack scale and funding to compete profitably.
3. Inefficient Collection & Reverse Logistics
• Lack of efficient battery collection networks, especially for:
o Consumer electronics batteries
o Spent EV batteries from remote areas
• Transporting used batteries is hazardous and costly, subject to international safety regulations (e.g. UN 3480 rules for Li-ion).
Recent Development
• In April 2022, Call2Recycle and Li Industries established a collaboration to use Li Industries' breakthrough technology to supplement their battery sorting and recycling. The collaboration will initially focus on commercializing Li Industries' proprietary battery sorting technology, which will allow end-of-life batteries to be sorted more efficiently and correctly per battery chemistry.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2021 to 2030. Spherical Insights has segmented the Global Battery Recycling Market based on the below-mentioned segments:
Global Battery Recycling Market, By Battery Type
• Lead Acid Battery
• Nickel Cadmium Battery
• Nickel Metal Hydride Battery
• Lithium-Ion Battery
• Other Battery
Global Battery Recycling Market, By Battery Recycling
• Extraction of Materials
• Reuse
• Repackaging & Second Life
• Disposal
• Others
Global Battery Recycling Market, By Application
• Industrial
• Consumer & Electronic Appliance
• Automotive & Transportation
• Others
Global Battery Recycling Market, By Regional Analysis
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia Pacific
• South America
o Brazil
o Argentina
o Rest of South America
• Middle East & Africa
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of the Middle East & Africa
What's covered in the report?
• Overview of the Battery Recycling Market.
• The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Battery Recycling Market, based on segment.
• Battery Recycling Market trends.
• Battery Recycling Market drivers.
• Analysis of major company profiles.
PESTLE Analysis
• Political - Government mandates (e.g. EU Battery Directive, EPA rules) boost recycling.
• Economic - Rising EV adoption increases battery waste volume.
• Social - Growing demand for sustainable, eco-friendly products.
• Technological - Development of "design-for-recyclability" batteries.
• Legal - IP and patent restrictions on recycling processes.
• Environmental - Prevents soil/water pollution from battery waste.
Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Battery Recycling Market Analysis and Projection, By Product Type
• Global Battery Recycling Market Analysis and Projection, By Type
• Global Battery Recycling Market Analysis and Projection, By Segment Type
• Global Battery Recycling Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Battery Recycling Market-Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Battery Recycling Market
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
Industry Related Reports
https://www.sphericalinsights.com/reports/battery-recycling-market
https://www.sphericalinsights.com/reports/alkaline-battery-market
https://www.sphericalinsights.com/reports/battery-materials-market
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About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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