FEATURED COMPANIES
- Accurec Recycling GmbH
- Battery Solutions, LLC
- ECOBAT Logistics
- ENERSYS
- Exide Technologies
- Gravita India Limited
- MORE
Battery Recycling Global Market Report 2021: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global battery recycling market.
This report focuses on battery recycling market which is experiencing strong growth. The report gives a guide to the battery recycling market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
Where is the largest and fastest growing market for the battery recycling? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Battery Recycling market global report from the publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider battery recycling market, and compares it with other markets.
Markets Covered:
1) By Type: Lead-Acid Battery; Nickel-Based Battery; Lithium-Based Battery; Other Battery Types
2) By Processing State: Extraction Of Material; Reuse, Repackaging and Second Life; Disposal
3) By Application: Automotive; Consumer Electronics; Industrial; Others
Companies Mentioned: Battery Solutions, LLC; Exide Technologies; Umicore; Aqua Metals, Inc; Gravita India Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This report focuses on battery recycling market which is experiencing strong growth. The report gives a guide to the battery recycling market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Where is the largest and fastest growing market for the battery recycling? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Battery Recycling market global report from the publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider battery recycling market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The battery recycling market section of the report gives context. It compares the battery recycling market with other segments of the battery recycling market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, battery recycling indicators comparison.
Markets Covered:
1) By Type: Lead-Acid Battery; Nickel-Based Battery; Lithium-Based Battery; Other Battery Types
2) By Processing State: Extraction Of Material; Reuse, Repackaging and Second Life; Disposal
3) By Application: Automotive; Consumer Electronics; Industrial; Others
Companies Mentioned: Battery Solutions, LLC; Exide Technologies; Umicore; Aqua Metals, Inc; Gravita India Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Accurec Recycling GmbH
- Battery Solutions, LLC
- ECOBAT Logistics
- ENERSYS
- Exide Technologies
- Gravita India Limited
- MORE
1. Executive Summary
2. Battery Recycling Market Characteristics
3. Battery Recycling Market Trends and Strategies
4. Impact Of COVID-19 On Battery Recycling
5. Battery Recycling Market Size and Growth
5.1. Global Battery Recycling Historic Market, 2015-2020, Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Battery Recycling Forecast Market, 2020-2025F, 2030F, Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Battery Recycling Market Segmentation
6.1. Global Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
7.1. Global Battery Recycling Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
7.2. Global Battery Recycling Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
8. Asia-Pacific Battery Recycling Market
8.1. Asia-Pacific Battery Recycling Market Overview
8.3. Asia-Pacific Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
9. China Battery Recycling Market
9.1. China Battery Recycling Market Overview
9.2. China Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Battery Recycling Market
10.1. India Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
10.2. India Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
11. Japan Battery Recycling Market
11.1. Japan Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
11.2. Japan Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
12. Australia Battery Recycling Market
12.1. Australia Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
12.2. Australia Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
13. Indonesia Battery Recycling Market
13.1. Indonesia Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
13.2. Indonesia Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
14. South Korea Battery Recycling Market
14.1. South Korea Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
14.2. South Korea Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
15. Western Europe Battery Recycling Market
15.1. Western Europe Battery Recycling Market Overview
15.2. Western Europe Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
15.3. Western Europe Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
16. UK Battery Recycling Market
16.1. UK Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
16.2. UK Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
17. Germany Battery Recycling Market
17.1. Germany Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
17.2. Germany Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
18. France Battery Recycling Market
18.4. France Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
18.5. France Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
19. Eastern Europe Battery Recycling Market
19.1. Eastern Europe Battery Recycling Market Overview
19.2. Eastern Europe Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
19.3. Eastern Europe Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
20. Russia Battery Recycling Market
20.1. Russia Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
20.2. Russia Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
21. North America Battery Recycling Market
21.1. North America Battery Recycling Market Overview
21.2. North America Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
21.3. North America Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
22. USA Battery Recycling Market
22.1. USA Battery Recycling Market Overview
22.2. USA Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
22.3. USA Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
23. South America Battery Recycling Market
23.1. South America Battery Recycling Market Overview
23.2. South America Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
23.3. South America Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
24. Brazil Battery Recycling Market
24.1. Brazil Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
24.2. Brazil Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
25. Middle East Battery Recycling Market
25.1. Middle East Battery Recycling Market Overview
25.2. Middle East Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
25.3. Middle East Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
26. Africa Battery Recycling Market
26.1. Africa Battery Recycling Market Overview
26.2. Africa Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
26.3. Africa Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
27. Battery Recycling Market Competitive Landscape and Company Profiles
27.1. Battery Recycling Market Competitive Landscape
27.2. Battery Recycling Market Company Profiles
27.2.1. Li-Cycle
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Battery Solutions, LLC
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Exide Technologies
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Umicore
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Aqua Metals, Inc
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers and Acquisitions In The Battery Recycling Market
29. Battery Recycling Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
2. Battery Recycling Market Characteristics
3. Battery Recycling Market Trends and Strategies
4. Impact Of COVID-19 On Battery Recycling
5. Battery Recycling Market Size and Growth
5.1. Global Battery Recycling Historic Market, 2015-2020, Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Battery Recycling Forecast Market, 2020-2025F, 2030F, Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Battery Recycling Market Segmentation
6.1. Global Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
- Lead-Acid Battery
- Nickel-Based Battery
- Lithium-Based Battery
- Other Battery Types
- Extraction Of Material
- Reuse, Repackaging and Second Life
- Disposal
- Automotive
- Consumer Electronics
- Industrial
- Others
7.1. Global Battery Recycling Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
7.2. Global Battery Recycling Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
8. Asia-Pacific Battery Recycling Market
8.1. Asia-Pacific Battery Recycling Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.3. Asia-Pacific Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
9. China Battery Recycling Market
9.1. China Battery Recycling Market Overview
9.2. China Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Battery Recycling Market
10.1. India Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
10.2. India Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
11. Japan Battery Recycling Market
11.1. Japan Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
11.2. Japan Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
12. Australia Battery Recycling Market
12.1. Australia Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
12.2. Australia Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
13. Indonesia Battery Recycling Market
13.1. Indonesia Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
13.2. Indonesia Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
14. South Korea Battery Recycling Market
14.1. South Korea Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
14.2. South Korea Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
15. Western Europe Battery Recycling Market
15.1. Western Europe Battery Recycling Market Overview
15.2. Western Europe Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
15.3. Western Europe Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
16. UK Battery Recycling Market
16.1. UK Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
16.2. UK Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
17. Germany Battery Recycling Market
17.1. Germany Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
17.2. Germany Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
18. France Battery Recycling Market
18.4. France Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
18.5. France Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
19. Eastern Europe Battery Recycling Market
19.1. Eastern Europe Battery Recycling Market Overview
19.2. Eastern Europe Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
19.3. Eastern Europe Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
20. Russia Battery Recycling Market
20.1. Russia Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
20.2. Russia Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
21. North America Battery Recycling Market
21.1. North America Battery Recycling Market Overview
21.2. North America Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
21.3. North America Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
22. USA Battery Recycling Market
22.1. USA Battery Recycling Market Overview
22.2. USA Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
22.3. USA Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
23. South America Battery Recycling Market
23.1. South America Battery Recycling Market Overview
23.2. South America Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
23.3. South America Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
24. Brazil Battery Recycling Market
24.1. Brazil Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
24.2. Brazil Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
25. Middle East Battery Recycling Market
25.1. Middle East Battery Recycling Market Overview
25.2. Middle East Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
25.3. Middle East Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
26. Africa Battery Recycling Market
26.1. Africa Battery Recycling Market Overview
26.2. Africa Battery Recycling Market, Segmentation By Type , Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
26.3. Africa Battery Recycling Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
27. Battery Recycling Market Competitive Landscape and Company Profiles
27.1. Battery Recycling Market Competitive Landscape
27.2. Battery Recycling Market Company Profiles
27.2.1. Li-Cycle
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Battery Solutions, LLC
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Exide Technologies
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Umicore
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Aqua Metals, Inc
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers and Acquisitions In The Battery Recycling Market
29. Battery Recycling Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Accurec Recycling GmbH
- Battery Solutions, LLC
- ECOBAT Logistics
- ENERSYS
- Exide Technologies
- Gravita India Limited
- MORE
Major players in the battery recycling market are Li-Cycle, Battery Solutions, LLC, Exide Technologies, Umicore, Aqua Metals, Inc, Gravita India Limited, Exide Industries Ltd, ECOBAT Logistics, East Penn Manufacturing Company, ENERSYS, Fortum Oyj, Accurec Recycling GmbH, Eco-Bat Technologies Ltd, Terrapure Environmental, Brunp Recycling, and Anhua Taisen Recycling Technology.
The global battery recycling market is expected to grow from $9.97 billion in 2020 to $11.04 billion in 2021 at a compound annual growth rate (CAGR) of 10.76%. The growth is mainly due to increase in awareness about battery recycling. The market is expected to reach $16.90 billion in 2025 at a CAGR of 11.23%.
The battery recycling market consists sales of recycled batteries by entities (organizations, sole traders and partnerships) and related services. Battery recycling is the method of reusing and reprocessing batteries in order to reduce the number of batteries being disposed as waste.
The main types of batteries that are recycled include lead-acid battery, nickel-based battery, lithium-based battery and other battery types. Lead acid batteries are charged continuously from the power grid and are normally designed to provide power for brief periods of time to allow the facility to properly shut down equipment. Lead-acid batteries are extremely recyclable, achieving recycling rates of more than 90% in many countries. Nickel-based batteries have a positive electrode of nickel hydroxide and a negative electrode of cadmium and offer good performance in high ambient temperatures, good resistance to electrical use as they can be left in a discharged state for long periods without causing any permanent damage. Lithium-based batteries have a lithium metal oxide cathode and a carbon anode with an organic electrolyte and has the highest energy density of all rechargeable systems. The high capacity of active materials and a single cell voltage makes the battery suitable for a number of applications, ranging from high energy to high power. The processing states involved in battery recycling include extraction of material, reuse, repackaging and second life, and disposal, and this is used to recycle batteries from automotive, consumer electronics, industrial sectors.
North America was the largest region in the battery recycling market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major companies operating in the battery recycling market are entering into strategic collaborations to improve know how and enhance battery recycling efficiency. For instance, in 2021, UK based sustainable technologies company, Johnson Matthey partnered with Sweden based leading recycler of industrial waste and end of life products, Stena Recycling Group, to develop an efficient value chain for the recycling of lithium-ion batteries and cell manufacturing materials in Europe. In another instance, in 2019, MG Motor India partnered with Belgium based Umicore for the safe and environmentally sustainable recycling of end-of-life batteries used in the electric vehicles of the company.
For instance, in 2019, US based Call2Recycle, Inc. partnered with US based CellBlock Fire Containment Systems for improving its product portfolio and adding battery protection solutions along with easing battery collections for the company.
In January 2020, Fortum, a Finland based electric services company acquired CrisolteQ Oy for an undisclosed amount. This acquisition strengthens the position of Fortum in recycling high value metals in lithium-ion batteries in Europe. CrisolteQ Oy is a Finland based company that is a specialist in metal recycling. The company uses a low-CO2 hydrometallurgical recycling process for achieving 80% recycling rate for lithium-ion batteries.
The increasing adoption of electric vehicles is expected to drive the growth of the battery recycling market in the forecast period. Electric vehicles (EV) are automobiles which are completely or partially powered by electricity. Disposing an electric vehicle battery is expensive, particularly if the waste contains valuable materials. Recycling is an opportunity to minimize life cycle costs by recovering high-value materials and avoiding the expense of hazardous waste disposal. With the growth in EV sales, the number of lithium-ion batteries in the market increases. The limited life of these batteries requires an effective recycling medium in order to stabilize domestic source of materials for battery production, reduce the demand for raw materials and minimize geopolitical disruptions of the supply chain. After a period of 5-8 years the power generated by these batteries is not enough for the EV, but it can be used in other low-grade applications such as in households, energy backups, renewable energy storage and off-peak energy storage. Recycling EV batteries also helps recover the metals - cobalt, lithium, nickel, and others, which can then be used for manufacturing new batteries, saving resources and cost of production. According to International Energy Agency, global electric vehicle sales are projected to reach 125 million by 2030. Therefore, the increasing adoption of electric vehicles propels the growth of the battery recycling market.
The countries covered in the battery recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The global battery recycling market is expected to grow from $9.97 billion in 2020 to $11.04 billion in 2021 at a compound annual growth rate (CAGR) of 10.76%. The growth is mainly due to increase in awareness about battery recycling. The market is expected to reach $16.90 billion in 2025 at a CAGR of 11.23%.
The battery recycling market consists sales of recycled batteries by entities (organizations, sole traders and partnerships) and related services. Battery recycling is the method of reusing and reprocessing batteries in order to reduce the number of batteries being disposed as waste.
The main types of batteries that are recycled include lead-acid battery, nickel-based battery, lithium-based battery and other battery types. Lead acid batteries are charged continuously from the power grid and are normally designed to provide power for brief periods of time to allow the facility to properly shut down equipment. Lead-acid batteries are extremely recyclable, achieving recycling rates of more than 90% in many countries. Nickel-based batteries have a positive electrode of nickel hydroxide and a negative electrode of cadmium and offer good performance in high ambient temperatures, good resistance to electrical use as they can be left in a discharged state for long periods without causing any permanent damage. Lithium-based batteries have a lithium metal oxide cathode and a carbon anode with an organic electrolyte and has the highest energy density of all rechargeable systems. The high capacity of active materials and a single cell voltage makes the battery suitable for a number of applications, ranging from high energy to high power. The processing states involved in battery recycling include extraction of material, reuse, repackaging and second life, and disposal, and this is used to recycle batteries from automotive, consumer electronics, industrial sectors.
North America was the largest region in the battery recycling market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major companies operating in the battery recycling market are entering into strategic collaborations to improve know how and enhance battery recycling efficiency. For instance, in 2021, UK based sustainable technologies company, Johnson Matthey partnered with Sweden based leading recycler of industrial waste and end of life products, Stena Recycling Group, to develop an efficient value chain for the recycling of lithium-ion batteries and cell manufacturing materials in Europe. In another instance, in 2019, MG Motor India partnered with Belgium based Umicore for the safe and environmentally sustainable recycling of end-of-life batteries used in the electric vehicles of the company.
For instance, in 2019, US based Call2Recycle, Inc. partnered with US based CellBlock Fire Containment Systems for improving its product portfolio and adding battery protection solutions along with easing battery collections for the company.
In January 2020, Fortum, a Finland based electric services company acquired CrisolteQ Oy for an undisclosed amount. This acquisition strengthens the position of Fortum in recycling high value metals in lithium-ion batteries in Europe. CrisolteQ Oy is a Finland based company that is a specialist in metal recycling. The company uses a low-CO2 hydrometallurgical recycling process for achieving 80% recycling rate for lithium-ion batteries.
The increasing adoption of electric vehicles is expected to drive the growth of the battery recycling market in the forecast period. Electric vehicles (EV) are automobiles which are completely or partially powered by electricity. Disposing an electric vehicle battery is expensive, particularly if the waste contains valuable materials. Recycling is an opportunity to minimize life cycle costs by recovering high-value materials and avoiding the expense of hazardous waste disposal. With the growth in EV sales, the number of lithium-ion batteries in the market increases. The limited life of these batteries requires an effective recycling medium in order to stabilize domestic source of materials for battery production, reduce the demand for raw materials and minimize geopolitical disruptions of the supply chain. After a period of 5-8 years the power generated by these batteries is not enough for the EV, but it can be used in other low-grade applications such as in households, energy backups, renewable energy storage and off-peak energy storage. Recycling EV batteries also helps recover the metals - cobalt, lithium, nickel, and others, which can then be used for manufacturing new batteries, saving resources and cost of production. According to International Energy Agency, global electric vehicle sales are projected to reach 125 million by 2030. Therefore, the increasing adoption of electric vehicles propels the growth of the battery recycling market.
The countries covered in the battery recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
Note: Product cover images may vary from those shown
- Li-Cycle
- Battery Solutions, LLC
- Exide Technologies
- Umicore
- Aqua Metals, Inc
- Gravita India Limited
- Exide Industries Ltd
- ECOBAT Logistics
- East Penn Manufacturing Company
- ENERSYS
- Fortum Oyj
- Accurec Recycling GmbH
- Eco-Bat Technologies Ltd
- Terrapure Environmental
- Brunp Recycling
- Anhua Taisen Recycling Technology
Note: Product cover images may vary from those shown
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