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Battery Recycling Market by Chemistry, Source, Application: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 240 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578349
The global battery recycling market was valued at $11.1 billion in 2020, and is projected to reach $66.6 billion by 2030, growing at a CAGR of 19.5% from 2021 to 2030.



Batteries consist of a number of heavy metals such as copper, nickel, and lead, and toxic chemicals, such as toxic and flammable electrolytes containing LiClO4, LiBF4, and LiPF6. Disposing them by the same process as regular waste can harm the environment. Hence, battery recycling process is adopted to decrease amount of battery wastes being disposed as municipal solid wastes and to encourage efficient use of battery. Most type of batteries such as power tools, smartphone batteries, and automotive batteries can be recycled. Battery recycling prevents environment from hazardous effects such as soil contamination and water pollution. The method of recycling differs as per type of battery. Hence, it is necessary to separate batteries before recycling.

Environmental pollution through disposal of battery and rise in demand for electric vehicles/hybrid electric vehicle/plug-in hybrid electric vehicle are the key factors that drive growth of the battery recycling market during the forecast period. In addition, factors such as government regulations, environmental safety, awareness among people, and others are expected to drive the growth of the global battery recycling market. However, focus on lowering cost of batteries rather than its recyclability is anticipated to restrain growth of the battery recycling market during the forecast period. Conversely, higher energy efficiency requirements in technologically updated consumer gadgets and high adoption of electric vehicles are projected to create opportunities for key players to maintain pace in the market globally in the coming years.

The global battery recycling market is segmented into chemistry, source, application, and region. By chemistry, the market is divided into lead–acid battery, lithium-ion battery, nickel-based battery, and other battery types. Further segmentation can be done on the basis of source into industrial batteries, automotive batteries, and customer & electronic appliances batteries. By application, the market is categorized into transportation, consumer electronics, industrial, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2030
  • A comprehensive analysis of the factors that drive and restrict the growth of the global battery recycling market is provided
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the battery recycling market players to adopt effective strategies
  • Estimations and forecast are based on factors impacting the global battery recycling market growth in terms of value
  • Key market players are profiled to gain an understanding of the strategies adopted by them
  • This report provides a detailed analysis of the current global battery recycling market trends and future estimations from 2021 to 2030, which helps identify the prevailing market opportunities

KEY MARKET SEGMENTS


By Chemistry

  • Lead-Acid Based Battery
  • Lithium-Ion Based Battery
  • Nickel-Based Battery
  • Other Battery Types

By Source

  • Automotive Batteries
  • Industrial Batteries
  • Consumer & Electronic Appliance Batteries

By Application

  • Transportation
  • Consumer Electronics
  • Industrial
  • Others

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

KEY MARKET PLAYERS

  • LI-CYCLE CORP,
  • Accurec Recycling GmbH
  • Battery Solutions
  • Redwood Materials, Inc
  • Glencore International
  • Retriev Technologies
  • Umicore
  • Enersys
  • AkkuSer Oy
  • Duesenfeld GmbH
Other players operating in the value chain of the global battery recycling market are Neometals Ltd., Primobius, Green Li-ion Pvt., Ltd., SungEel MCC Americas, Redux GmbH, and others.
Frequently Asked Questions about the Global Battery Recycling Market

What is the estimated value of the Global Battery Recycling Market?

The Global Battery Recycling Market was estimated to be valued at $11.1 billion in 2020.

What is the growth rate of the Global Battery Recycling Market?

The growth rate of the Global Battery Recycling Market is 19.6%, with an estimated value of $66.6 billion by 2030.

What is the forecasted size of the Global Battery Recycling Market?

The Global Battery Recycling Market is estimated to be worth $66.6 billion by 2030.

Who are the key companies in the Global Battery Recycling Market?

Key companies in the Global Battery Recycling Market include LI, CYCLE CORP., Accurec Recycling GmbH, Battery Solutions, Redwood Materials, Inc., Glencore International, Retriev Technologies, Umicore and AkkuSer Oy.

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.5. Analyst Tools and Moels
Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. Cxo Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.5. Market Share Analysis & Top Player Positioning, 2020
3.5.1. Top Player Positioning, 2020
3.6. Market Dynamics
3.6.1. Drivers
3.6.1.1. Rise in Awareness Towards Environmental Pollution Owing to Battery Disposal
3.6.1.2. High Recycling Rate Associated With Lead Acid Batteries
3.6.2. Restraint
3.6.2.1. Focus on Lowering Cost of Lithium-Ion Battery Rather Than Its Recyclability
3.6.3. Opportunities
3.6.3.1. Rapid Growth of Electric Vehicle Industry
3.7. Value Chain
3.8. Impact of Key Regulations on the Global Battery Recycling Market
3.9. Impact of Covid-19 Outburst on the Battery Recycling Market
Chapter 4: Battery Recycling Market, by Chemistry
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Lead Acid Battery
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Lithium-Based Battery
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Nickel-Based Battery
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country
4.5. Others
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Analysis, by Country
Chapter 5: Battery Recycling Market, by Source
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Automotive Batteries
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Industrial Batteries
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Consumer& Electronics Appliance Batteries
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
Chapter 6: Battery Recycling Market, by Application
6.1. Overview
6.1.1. Market Size and Forecast
6.2. Transportation
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Consumer Electronics
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country
6.4. Industrial
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Analysis, by Country
6.5. Others
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Analysis, by Country
Chapter 7: Battery Recycling Market, by Region
7.1. Overview
7.1.1. Market Size and Forecast
7.2. North America
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Chemistry
7.2.3. Market Size and Forecast, by Source
7.2.4. Market Size and Forecast, by Application
7.2.5. Market Share Analysis, by Country
7.2.5.1. U. S.
7.2.5.1.1. Market Size and Forecast, by Chemistry
7.2.5.1.2. Market Size and Forecast, by Source
7.2.5.1.3. Market Size and Forecast, by Application
7.2.5.2. Canada
7.2.5.2.1. Market Size and Forecast, by Chemistry
7.2.5.2.2. Market Size and Forecast, by Source
7.2.5.2.3. Market Size and Forecast, by Application
7.2.5.3. Mexico
7.2.5.3.1. Market Size and Forecast, by Chemistry
7.2.5.3.2. Market Size and Forecast, by Source
7.2.5.3.3. Market Size and Forecast, by Application
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Chemistry
7.3.3. Market Size and Forecast, by Source
7.3.4. Market Size and Forecast, by Application
7.3.5. Market Share Analysis, by Country
7.3.5.1. Germany
7.3.5.1.1. Market Size and Forecast, by Chemistry
7.3.5.1.2. Market Size and Forecast, by Source
7.3.5.1.3. Market Size and Forecast, by Application
7.3.5.2. Uk
7.3.5.2.1. Market Size and Forecast, by Chemistry
7.3.5.2.2. Market Size and Forecast, by Source
7.3.5.2.3. Market Size and Forecast, by Application
7.3.5.3. France
7.3.5.3.1. Market Size and Forecast, by Chemistry
7.3.5.3.2. Market Size and Forecast, by Source
7.3.5.3.3. Market Size and Forecast, by Application
7.3.5.4. Italy
7.3.5.4.1. Market Size and Forecast, by Chemistry
7.3.5.4.2. Market Size and Forecast, by Source
7.3.5.4.3. Market Size and Forecast, by Application
7.3.5.5. Spain
7.3.5.5.1. Market Size and Forecast, by Chemistry
7.3.5.5.2. Market Size and Forecast, by Source
7.3.5.5.3. Market Size and Forecast, by Application
7.3.5.6. Rest of Europe
7.3.5.6.1. Market Size and Forecast, by Chemistry
7.3.5.6.2. Market Size and Forecast, by Source
7.3.5.6.3. Market Size and Forecast, by Application
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Chemistry
7.4.3. Market Size and Forecast, by Source
7.4.4. Market Size and Forecast, by Application
7.4.5. Market Share Analysis, by Country
7.4.5.1. China
7.4.5.1.1. Market Size and Forecast, by Chemistry
7.4.5.1.2. Market Size and Forecast, by Source
7.4.5.1.3. Market Size and Forecast, by Application
7.4.5.2. Japan
7.4.5.2.1. Market Size and Forecast, by Chemistry
7.4.5.2.2. Market Size and Forecast, by Source
7.4.5.2.3. Market Size and Forecast, by Application
7.4.5.3. India
7.4.5.3.1. Market Size and Forecast, by Chemistry
7.4.5.3.2. Market Size and Forecast, by Source
7.4.5.3.3. Market Size and Forecast, by Application
7.4.5.4. South Korea
7.4.5.4.1. Market Size and Forecast, by Chemistry
7.4.5.4.2. Market Size and Forecast, by Source
7.4.5.4.3. Market Size and Forecast, by Application
7.4.5.5. Australia
7.4.5.5.1. Market Size and Forecast, by Chemistry
7.4.5.5.2. Market Size and Forecast, by Source
7.4.5.5.3. Market Size and Forecast, by Application
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Market Size and Forecast, by Chemistry
7.4.5.6.2. Market Size and Forecast, by Source
7.4.5.6.3. Market Size and Forecast, by Application
7.5. Lamea
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Chemistry
7.5.3. Market Size and Forecast, by Source
7.5.4. Market Size and Forecast, by Application
7.5.5. Market Share Analysis, by Country
7.5.5.1. Brazil
7.5.5.1.1. Market Size and Forecast, by Chemistry
7.5.5.1.2. Market Size and Forecast, by Source
7.5.5.1.3. Market Size and Forecast, by Application
7.5.5.2. Saudi Arabia
7.5.5.2.1. Market Size and Forecast, by Chemistry
7.5.5.2.2. Market Size and Forecast, by Source
7.5.5.2.3. Market Size and Forecast, by Application
7.5.5.3. South Africa
7.5.5.3.1. Market Size and Forecast, by Chemistry
7.5.5.3.2. Market Size and Forecast, by Source
7.5.5.3.3. Market Size and Forecast, by Application
7.5.5.4. Rest of LAMEA
7.5.5.4.1. Market Size and Forecast, by Chemistry
7.5.5.4.2. Market Size and Forecast, by Source
7.5.5.4.3. Market Size and Forecast, by Application
Chapter 8: Competitive Landscape
8.1. Introduction
8.2. Product Mapping of Top 10 Players
8.3. Competitive Heatmap
8.4. Key Development
8.4.1. Business Expansion
8.4.2. New Product
8.4.3. Acquisition
Chapter 9: Company Profiles
9.1. Li-Cycle Corp.
9.1.1. Company Overview
9.1.2. Key Executives
9.1.3. Company Snapshot
9.1.4. Product Portfolio
9.1.5. Key Strategic Moves and Developments
9.2. Accurec-Recycling GmbH
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Product Portfolio
9.3. Battery Solutions
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Product Portfolio
9.4. Redwood Materials, Inc.
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Product Portfolio
9.4.5. Key Strategic Moves and Developments
9.5. Glencore
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.5.6. Business Performance
9.6. Retriev Technologies
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Product Portfolio
9.6.5. Key Strategic Moves and Developments
9.7. Umicore
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Operating Business Segments
9.7.5. Product Portfolio
9.7.6. Business Performance
9.8. Duesenfeld GmbH
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Product Portfolio
9.9. Enersys.
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.9.6. Business Performance
9.10. Ganfeng Lithium Co. Ltd.
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Operating Business Segments
9.10.5. Product Portfolio
9.10.6. Business Performance
List of Tables
Table 01. Global Battery Recycling Market, by Chemistry, 2020–2030 ($Million)
Table 02. Lead Acid Battery Recycling Market, by Region, 2020-2030 ($Million)
Table 03. Lithium-Based Battery Recycling Market, by Region, 2020-2030 ($Million)
Table 04. Nickel-Based Battery Recycling Market, by Region, 2020-2030 ($Million)
Table 05. Other Battery Recycling Market, by Region, 2020-2030 ($Million)
Table 06. Global Battery Recycling Market, by Source, 2020–2030 ($Million)
Table 07. Battery Recycling Market,For Automotive Batteries, by Region, 2020-2030 ($Million)
Table 08. Battery Recycling Market, for Industrial Batteries, by Region, 2020-2030 ($Million)
Table 09. Battery Recycling Market, for Consumer& Electronics Appliance Batteries, by Region, 2020-2030 ($Million)
Table 10. Battery Recycling Market, by Application, 2020–2030 ($Million)
Table 11. Battery Recycling Market,For Transportation, by Region, 2020–2030 ($Million)
Table 12. Battery Recycling Market,For Consumer Electronics, by Region, 2020–2030 ($Million)
Table 13. Battery Recycling Market,For Industrial, by Region, 2020–2030 ($Million)
Table 14. Battery Recycling Market,For Others, by Region, 2020–2030 ($Million)
Table 15. Battery Recycling Market, by Region, 2020-2030 ($Million)
Table 16. North America Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 17. North America Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 18. North America Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 19. North America Battery Recycling Market, by Country, 2020-2030 ($Million)
Table 20. U.S Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 21. U.S Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 22. U.S Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 23. Canada Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 24. Canada Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 25. Canada Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 26. Mexico Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 27. Mexico Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 28. Mexico Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 29. Europe Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 30. Europe Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 31. Europe Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 32. Europe Battery Recycling Market, by Country, 2020-2030 ($Million)
Table 33. Germany Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 34. Germany Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 35. Germany Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 36. Uk Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 37. Uk Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 38. Uk Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 39. France Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 40. France Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 41. France Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 42. Italy Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 43. Italy Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 44. Italy Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 45. Spain Battery Recycling Market, by Chemistry ($Million)
Table 46. Spain Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 47. Spain Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 48. Rest of Europe Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 49. Rest of Europe Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 50. Rest of Europe Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 51. Asia-Pacific Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 52. Asia-Pacific Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 53. Asia-Pacific Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 54. Asia-Pacific Battery Recycling Market, by Country, 2020-2030 ($Million)
Table 55. China Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 56. China Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 57. China Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 58. Japan Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 59. Japan Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 60. Japan Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 61. India Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 62. India Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 63. India Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 64. South Korea Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 65. South Korea Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 66. South Korea Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 67. Australia Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 68. Australia Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 69. Australia Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 70. Rest of Asia-Pacific Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 71. Rest of Asia-Pacific Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 72. Rest of Asia-Pacific Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 73. Lamea Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 74. Lamea Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 75. Lamea Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 76. Lamea Battery Recycling Market, by Country, 2020-2030 ($Million)
Table 77. Brazil Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 78. Brazil Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 79. Brazil Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 80. Saudi Arabia Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 81. Saudi Arabia Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 82. Saudi Arabia Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 83. South Africa Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 84. South Africa Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 85. South Africa Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 86. Rest of LAMEA Battery Recycling Market, by Chemistry, 2020-2030 ($Million)
Table 87. Rest of LAMEA Battery Recycling Market, by Source, 2020-2030 ($Million)
Table 88. Rest of LAMEA Battery Recycling Market, by Application, 2020-2030 ($Million)
Table 89. Key Business Expansion
Table 90. Key New Product
Table 91. Key Acquisition
Table 92. Li-Cycle Corp. . : Key Executives
Designation
Table 93. Li-Cycle Corp. . : Company Snapshot
Table 94. Li-Cycle Corp.
Table 95. Li-Cycle Corp. : Key Strategic Moves and Developments
Table 96. Accurec-Recycling Gmbh. : Key Executives
Table 97. Accurec-Recycling Gmbh. : Company Snapshot
Table 98. Accurec-Recycling Gmbh. : Product Portfolio
Table 99. Battery Solutions: Key Executives
Table 100. Battery Solutions: Company Snapshot
Table 101. Battery Solutions: Product Portfolio
Table 102. Redwood Materials, Inc. : Key Executives
Table 103. Redwood Materials, Inc. : Company Snapshot
Table 104. Redwood Materials, Inc. : Product Portfolio
Table 105. Redwood Materials, Inc. : Key Strategic Moves and Developments
Table 106. Glencore: Key Executives
Table 107. Glencore: Company Snapshot
Table 108. Glencore: Operating Segments
Table 109. Glencore: Product Portfolio
Table 110. Overall Financial Status ($Million)
Table 111. Retriev Technologies. : Key Executives
Table 112. Retriev Technologies. : Company Snapshot
Table 113. Retriev Technologies. : Product Portfolio
Table 114. Retriev Technologies. : Key Strategic Moves and Developments
Table 115. Umicore. : Key Executives
Table 116. Umicore. : Company Snapshot
Table 117. Umicore. : Operating Segments
Table 118. Umicore. : Product Portfolio
Table 119. Umicore. : Net Sales, 2018–2020 ($Million)
Table 120. Johnson Controls: Key Executives
Table 121. Johnson Controls. : Company Snapshot
Table 122. Johnson Controls. : Product Portfolio
Table 123. Enersys. : Key Executives
Table 124. Enersys. : Company Snapshot
Table 125. Enersys. : Operating Segments
Table 126. Enersys. : Product Portfolio
Table 127. Enersys. . : Net Sales, 2019–2021 ($Million)
Table 128. Ganfeng Lithium Co. Ltd. : Key Executives
Table 129. Ganfeng Lithium Co. Ltd. : Company Snapshot
Table 130. Ganfeng Lithium Co. Ltd. . : Operating Segments
Table 131. Ganfeng Lithium Co. Ltd. . : Product Portfolio
Table 132. Overall Financial Status ($Million)
List of Figures
Figure 01. Key Market Segments
Figure 02. Executive Summary, by Segment
Figure 03. Executive Summary, by Country
Figure 04. Top Investment Pockets, by Country
Figure 05. High Bargaining Power of Suppliers
Figure 06. Moderate Threat of New Entrants
Figure 07. Moderate Threat of Substitutes
Figure 08. Moderate Intensity of Rivalry
Figure 09. High Bargaining Power of Buyers
Figure 10. Top Player Positioning, 2020
Figure 11. Market Dynamics
Figure 12. Battery Recycling Market: Value Chain
Figure 13. Global Battery Recycling Market, by Chemistry, 2020–2030 ($ Million)
Figure 14. Comparative Share Analysis of Lead Acid Battery Recycling Market, by Country, 2020 & 2030 ($ Million)
Figure 15. Comparative Share Analysis of Lithium-Based Battery Recycling Market, by Country, 2020 & 2030 ($ Million)
Figure 16. Comparative Share Analysis of Nickel-Based Battery Recycling Market, by Country, 2020 & 2030 ($ Million)
Figure 17. Comparative Share Analysis of Other Battery Recycling Market, by Country, 2020 & 2030 ($ Million)
Figure 18. Global Battery Recycling Market, by Source, 2020–2030 ($ Million)
Figure 19. Comparative Share Analysis of Battery Recycling Market, for Automotive Batteries , by Country, 2020 & 2030 ($ Million)
Figure 20. Comparative Share Analysis of Battery Recycling Market, for Industrial Batteries , by Country, 2020 & 2030 ($ Million)
Figure 21. Comparative Share Analysis of Battery Recycling Market, for Consumer& Electronics Appliance Batteries , by Country, 2020 & 2030 ($ Million)
Figure 22. Battery Recycling Market, by Application, 2020–2030 ($ Million)
Figure 23. Comparative Analysis of Battery Recycling Market, for Transportation, by Country, 2020 & 2030 ($ Million)
Figure 24. Comparative Analysis of Battery Recycling Market, for Consumer Electronics, by Country, 2020 & 2030 ($ Million)
Figure 25. Comparative Analysis of Battery Recycling Market, for Industrial, by Country, 2020 & 2030 ($ Million)
Figure 26. Comparative Analysis of Battery Recycling Market, for Others, by Country, 2020 & 2030 ($ Million)
Figure 27. U. S. Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 28. Canada Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 29. Mexico Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 30. Germany Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 31. Uk Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 32. France Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 33. Italy Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 34. Spain Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 35. Rest of Europe Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 36. China Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 37. Japan Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 38. India Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 39. South Korea Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 40. Australia Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 41. Rest of Asia-Pacific Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 42. Brazil Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 43. Saudi Arabia Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 44. South Africa Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 45. Rest of LAMEA Battery Recycling Market Revenue, 2020-2030 ($ Million)
Figure 46. Product Mapping of Top 10 Players Source: Company Website,
Figure 47. Competitive Heatmap
Figure 48. Glencore: Revenue, 2018–2020 ($ Million)
Figure 49. Glencore: Revenue Share by Segment, 2020 (%)
Figure 50. Glencore: Revenue Share by Region, 2020 (%)
Figure 51. Umicore: Net Sales, 2019–2021 ($ Million)
Figure 52. Umicore: Revenue Share by Segment, 2020 (%)
Figure 53. Umicore: Revenue Share by Region, 2020 (%)
Figure 54. Enersys: Net Sales, 2019–2021 ($ Million)
Figure 55. Enersys: Revenue Share by Segment, 2021 (%)
Figure 56. Ganfeng Lithium Co. Ltd: Revenue, 2018–2020 ($ Million)
Figure 57. Ganfeng Lithium Co. Ltd: Revenue Share by Segment, 2020 (%)
Figure 58. Ganfeng Lithium Co. Ltd: Revenue Share by Region, 2020 (%)

Executive Summary

According to a new report titled, “Battery Recycling Market by chemistry, source and application: global opportunity analysis and industry forecast, 2021–2030,” the battery recycling market size was valued at $11.1 billion in 2020, and is projected to reach $66.6 billion by 2030, growing at a CAGR of 19.5% from 2021 to 2030.

Battery recycling referred to collection of batteries through various sources including portable electronic devices, electric vehicles, and other industrial energy storage purposes. After the end of battery life cycle, most batteries are disposed in landfills. It is important to recycle them to further reduce environmental pollution caused by these hazardous batteries. However, battery recycling is previously considered as a legislative activity; however, it is nowadays a more profitable way to recover metals through recycling of various batteries including lead acid, lithium-ion, and nickel metal hydride.

The global battery recycling market is anticipated to witness rapid growth, owing to increase in use of various automobiles such as electric & hybrid vehicles, which, in turn, is anticipated to fuel growth of the battery recycling market in upcoming years. Currently, there are established patented recycling methods that are available in the market. Therefore, battery recycling is done by patented methods of individual manufacturers or other organizations. Besides this, favorable government policies to support battery recycling infrastructure is driving the growth of this market. Whereas, complications related to lithium-ion batteries is the key growth barrier in this market.

Depending on chemistry, the lead-acid battery segment held highest position in battery recycling market share of about 63.9% in 2020, and is expected to maintain its dominance during the forecast period. This is attributed to the fact that lead-acid battery is highly profitable in terms of recycling, has low cost over other battery types, and its greater adoption as it is the first commercial battery in energy storage applications. On the other hand, lithium-ion battery recycling may gather great momentum during the forecast period in response to the growing efforts to develop patented recycling methods.

On the basis of source, the industrial batteries segment held the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the wide application included in the industrial segment starting from renewable energy integration to forklift batteries, and UPS systems. Therefore, batteries are collected largely from an industrial source for recycling.

On the basis of application, the transportation segment held the largest share, in terms of revenue, and is expected to grow at a CAGR of 19.3%. This is attributed to the growing adoption of electric & hybrid vehicles and increasing efforts to promote electrification in the overall automotive industry. In addition, rapid growth of EV industry across the developing economies is anticipated to fuel the market growth in the coming years.

The market is analyzed across four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. Europe garnered dominant market share in 2020, and is anticipated to maintain this trend during the forecast period. This is attributed to numerous factors such as presence of huge consumer base and the existence of key players in the region. Moreover, regulations toward environmental pollution and rapid growth of electric vehicle industry in the region are anticipated to contribute toward growth of the battery recycling market in Europe.

The global battery recycling market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the report include • LI-CYCLE CORP., Accurec Recycling GmbH, Battery Solutions, Redwood Materials, Inc., Glencore International, Retriev Technologies, Umicore, Enersys, AkkuSer Oy, and Duesenfeld GmbH.

Other players operating in the value chain of the global battery recycling industry are Neometals Ltd., Primobius, Green Li-ion Pvt., Ltd., SungEel MCC Americas, Redux GmbH, and others.

COVID-19 Impact on the Market


The global battery recycling market has witnessed steady growth in 2020, owing to the outbreak of the COVID-19 pandemic. The outbreak has negatively impacted various industries and countries, thereby decreasing manpower across the globe, which, in turn, decreased consumer spending and thus, decreased demand for electronics, automotive, and other products. However, owing to lockdown imposed across the globe, there is a supply-demand gap, which resulted in halt in supply for equipment or batteries used in recycling processes. In Europe, economies, such as Germany, France, Spain, and Italy, are following stringent measures, such as maintaining social distance and limiting movements to prevent spread of coronavirus. Moreover, such safety measures have been witnessed across the globe, which further impacted the global battery recycling market growth

Key Findings Of The Study


  • In 2020, the lead-acid battery segment accounted for majority of share of the global battery recycling market, and is expected to maintain its lead during the forecast period
  • In 2020, the industrial batteries segment accounted for about 513%, and is expected to maintain its dominance till the end of the forecast period
  • The transportation segment accounted for 43.8% in 2020, and is anticipated to grow at a rate of 193% in terms of revenue, increasing its share in the global battery recycling market
  • Industrial is the fastest-growing application segment in the battery recycling market, and is expected to grow at a CAGR of 199%
  • Asia-Pacific is expected to grow at the fastest rate, registering a CAGR of 202% during the battery recycling forecast period
  • In 2020, Europe dominated the global battery recycling market with more than 3578% of the market share, in terms of revenue

Companies Mentioned

  • LI-CYCLE CORP.
  • Accurec Recycling GmbH
  • Battery Solutions
  • Redwood Materials, Inc.
  • Glencore International
  • Retriev Technologies
  • Umicore
  • Enersys
  • AkkuSer Oy
  • Duesenfeld GmbH.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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