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Canada Battery Recycling Market 2019-2025

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  • February 2020
  • Region: Canada
  • Orion Market Research Private Limited
  • ID: 5116681
Canada 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 Canada Battery Recycling market is anticipated to grow at a CAGR 5.2% during the forecast period. Canada’s battery recycling market continues to expand and evolve in order to meet the recycling demands of growing waste stream of batteries. There has been a surge in Li-ion battery sales and a subsequent increase in waste batteries that needs a proper management. Toxco-Canada based in Trail, BC and Raw Materials Company Inc. in Port Colborne, Ontario is two such companies in the Canada that have the capacity to recycle most of the portable batteries generated in the country. Canadian Battery Association is the Canada's stewardship program that provides information and programs that support the safe storage, transportation and recycling of new, used and waste lead-acid batteries.

Quebec leads in the recycling, thereby collecting more than 600,000 kilograms (1.3 million pounds) of batteries. The collections of batteries in Manitoba also saw a significant increase in collections, up to 52%. Due to the dedicated consumer-focused campaigns, publicly accessible channels, municipalities and retailers across Canada are also contributing significantly towards the market growth with the share percentage of 40% of municipalities and 16% of retailers.

The key market players that is active in the Canada battery recycling market that include Aqua Metals, Inc., Battery Solutions, Inc., Call2Recycle, Inc., COM2 Recycling Solutions, Exide Technologies, Gopher Resource, Kinbursky Brothers Inc., Terrapure Environmental, Teck Resources Ltd, Metalex Product Ltd and Raw Material Co. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Research Methodology:

The market study of the Canada 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 indCanada try 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 Canada Battery Recycling Market Research and Analysis by Process
2. The Canada Battery Recycling Market Research and Analysis by Components
3. The Canada Battery Recycling Market Research and Analysis by Type

4. The Canada Battery Recycling Market Research and Analysis by End-User

The Report Covers:
  • Comprehensive Research Methodology of the Canada 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 Canada Battery Recycling market.
  • Insights about market determinants which are stimulating the Canada 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
  • Exide Technologies
  • Gopher Resource
  • Kinbursky Brothers Inc.
  • Metalex Product Ltd
  • Raw Material Co.
  • Teck Resources Ltd
  • Terrapure Environmental