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Battery Recycling - Global Market Trajectory & Analytics

  • ID: 4804743
  • Report
  • April 2021
  • Region: Global
  • 278 pages
  • Global Industry Analysts, Inc
Global Battery Recycling Market to Reach $13.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Battery Recycling estimated at US$9.5 Billion in the year 2020, is projected to reach a revised size of US$13.7 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Lead Acid, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$8.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lithium-Based segment is readjusted to a revised 5% CAGR for the next 7-year period.



The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 8.2% CAGR

The Battery Recycling market in the U.S. is estimated at US$2.6 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Nickel-Based Segment to Record 4.8% CAGR

In the global Nickel-Based segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$639.2 Million in the year 2020 will reach a projected size of US$860.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2027, while Latin America will expand at a 5.8% CAGR through the analysis period.

Select Competitors (Total 38 Featured):
  • Accurec Recycling GmbH
  • Aqua Metals, Inc.
  • Battery Solutions, LLC (BSL)
  • Call2Recycle, Inc.
  • COM2 Recycling Solutions
  • East Penn Manufacturing Co., Inc.
  • EnerSys
  • Exide Technologies
  • G&P Batteries
  • Gopher Resource
  • Gravita India Limited
  • Guangdong Brunp Recycling Technology Co., Ltd.
  • Johnson Controls, Inc.
  • Kinbursky Brothers, Inc.
  • Metalex Products Limited
  • Raw Materials Company
  • Recupyl SAS
  • Retriev Technologies Inc.
  • Rsr Corporation
  • Teck Resources Limited
  • Terrapure Environmental
  • The Doe Run Company
  • Tonolli Canada
  • Umicore NV/SA
  • Vinton Batteries
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Introduction
  • Exhibit 1: Battery Storage Investments (in US$Billion): 2017-2050
  • Impact of Covid-19 and a Looming Global Recession
  • Manufacturers Focus on Innovative Recycling Technologies
  • Battery Innovations and Recycling Challenges
  • Companies Team up for Effective Recycling Battery Programs
  • Rise in Demand for Batteries for EVs Drives the Need for Advanced Battery Recycling Solutions
  • Exhibit 2: Global Battery Capacity Volumes by Sector (in GWh): 2018-2025
  • Exhibit 3: Global Battery Capacity Volumes by Sector (in GWh): 2018-2025
  • Exhibit 4: Global Electric Vehicle Production Forecasts by Type: 2015-2030
  • Exhibit 5: Share of Electric Vehicle of Total Passenger Vehicle Market: 2015-2030
  • Exhibit 6: Global Cumulative Capacity of Used EV Batteries (in GWh/Year): 2019-2025
  • Environmental Concerns Drive EV Manufacturers Take up Initiatives for Battery Recycling
  • Regulations for Auto Makers to Devise End-Of-Life Strategies to Catalyze Growth
  • Rise in Wearable Technologies Pose a Challenge for Battery Recycling
  • Exhibit 7: Global Wearable Device Revenues (in US$ Billion): 2016-2022
  • Proliferating Sales of PorTable Electronics Pushes Demand for Battery Recycling
  • Exhibit 8: Penetration of Mobile Phones in Major Geographic Markets
  • Exhibit 9: Global Smartphone Adoption as % of Total Mobile Connections: 2017 & 2025
  • Exhibit 10: Global Mobile Phone Sales (in Million Units): 2009-2020
  • Exhibit 11: Global Number of Mobile Phone Users: 2018-2025
  • Car Battery Recycling: An Overview
III. MARKET ANALYSIS
  • Battery Recycling Trends
  • Growth in Adoption of EVs Unveils Robust Opportunities for Battery Recycling
  • Exhibit 12: China Accounts for Major Share of Global EV Battery Capacity: 2018-2025
  • Market Overview
  • Exhibit 13: Lead Acid Battery Recycling Efficiency (in %) in Europe by Country: 2012 & 2016
  • Exhibit 14: Ni-Cd Battery Recycling Efficiency (in %) in Europe by Country: 2012 & 2016
  • Battery Recycling Business Gains Momentum
  • Growing Popularity of EVs to Drive Battery Recycling
  • Expansion of Automotive Industry and Consumer Electronics Growth Drives Demand for Battery Recycling
  • Exhibit 15: Smartphone Adoption Rate in India: (2015-2025)
  • Market Overview
  • Recycling of Industrial Batteries
  • Lithium Ion Battery Recycling Gains Interest
IV. COMPETITION
  • Total Companies Profiled: 38
Note: Product cover images may vary from those shown
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