The US Battery Recycling Market Size, Share & Trends Analysis Report by Process (Physical Process and Chemical Process) By Components (Plastic, Electrode, and Electrolyte) By Type (Lead Acid Battery, Silver Oxide Battery, Lithium-Ion Battery, Zinc Battery and others) By End-User (Automotive, Industrial, Healthcare and Consumer) Forecast period (2019-2025).
The US Battery Recycling market is anticipated to grow at a CAGR 5.0% during the forecast period. The US battery recycling market is mainly driven by stringent government regulations imposing to support the environment by recycling harmful batteries. In the US, federal law requires, used nickel cadmium (Ni-Cd) and lead (Pb) batteries to be managed as Universal Waste. The Universal Waste Rule prohibits handlers such as contractors from disposing of waste Ni-Cd and Pb batteries and further indicates that these batteries must be sent for recycling. Several norms and regulations such as Lead Acid Battery Management Law and Consumer Disposal Requirements among others set by US imposing countries to support battery recycling as a means of protecting the environment from harmful effects.
Even lead battery recycling plants in the US are sources of contaminant emissions. In the US lead battery recycling facilities are subjected to the strict national emission standards. However, there is still significant variation in their reported lead emissions. An Exide Technologies battery recycling plant in California was closed by State regulators due to its excessive lead and arsenic emissions. The plant was releasing harmful emissions leading to contamination of thousands of residents while exposing to dangerous neurotoxins. Although the Exide facility outside the Los Angeles get shut down, there still exist lead batteries recycling facilities that are operating in the US and are releasing thousands of pounds of lead into the air annually, further contributing to soil and dust contamination.
The key market players that is active in the US battery recycling market that include Aqua Metals, Inc., Battery Solutions, Inc., Call2Recycle, Inc., COM2 Recycling Solutions, East Penn Manufacturing Co., Inc., Exide Technologies, Gopher Resource, Johnson Controls, Kinbursky Brothers Inc., Retriev Technologies Inc., Terrapure Environmental and The Doe Run Co.
Research Methodology:
The market study of the US Battery Recycling market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. The US Battery Recycling Market Research and Analysis by Process
2. The US Battery Recycling Market Research and Analysis by Components
3. The US Battery Recycling Market Research and Analysis by Type
4. The US Battery Recycling Market Research and Analysis by End-User
The Report Covers:
The US Battery Recycling market is anticipated to grow at a CAGR 5.0% during the forecast period. The US battery recycling market is mainly driven by stringent government regulations imposing to support the environment by recycling harmful batteries. In the US, federal law requires, used nickel cadmium (Ni-Cd) and lead (Pb) batteries to be managed as Universal Waste. The Universal Waste Rule prohibits handlers such as contractors from disposing of waste Ni-Cd and Pb batteries and further indicates that these batteries must be sent for recycling. Several norms and regulations such as Lead Acid Battery Management Law and Consumer Disposal Requirements among others set by US imposing countries to support battery recycling as a means of protecting the environment from harmful effects.
Even lead battery recycling plants in the US are sources of contaminant emissions. In the US lead battery recycling facilities are subjected to the strict national emission standards. However, there is still significant variation in their reported lead emissions. An Exide Technologies battery recycling plant in California was closed by State regulators due to its excessive lead and arsenic emissions. The plant was releasing harmful emissions leading to contamination of thousands of residents while exposing to dangerous neurotoxins. Although the Exide facility outside the Los Angeles get shut down, there still exist lead batteries recycling facilities that are operating in the US and are releasing thousands of pounds of lead into the air annually, further contributing to soil and dust contamination.
The key market players that is active in the US battery recycling market that include Aqua Metals, Inc., Battery Solutions, Inc., Call2Recycle, Inc., COM2 Recycling Solutions, East Penn Manufacturing Co., Inc., Exide Technologies, Gopher Resource, Johnson Controls, Kinbursky Brothers Inc., Retriev Technologies Inc., Terrapure Environmental and The Doe Run Co.
Research Methodology:
The market study of the US Battery Recycling market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. The US Battery Recycling Market Research and Analysis by Process
2. The US Battery Recycling Market Research and Analysis by Components
3. The US Battery Recycling Market Research and Analysis by Type
4. The US Battery Recycling Market Research and Analysis by End-User
The Report Covers:
- Comprehensive Research Methodology of the US Battery Recycling market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US Battery Recycling market.
- Insights about market determinants which are stimulating the US Battery Recycling market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aqua Metals, Inc.
- Battery Solutions, Inc.
- Call2Recycle, Inc.
- COM2 Recycling Solutions
- East Penn Manufacturing Co., Inc.
- Exide Technologies
- Gopher Resource
- Johnson Controls
- Kinbursky Brothers Inc.
- Retriev Technologies Inc.
- Terrapure Environmental
- The Doe Run Co.
