+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

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

  • PDF Icon

    Report

  • 270 Pages
  • July 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671292
Description Jump to:
The global transportation battery recycling market is envisioned to garner $9,947.5 million by 2030, growing from $4,748.3 million in 2021 at a CAGR of 8.2% from 2022 to 2030.

The recycling transportation battery market is expanding as people across the globe are becoming more aware regarding electric vehicles. Using Electric Vehicle (EV) is more affordable than fuel-based vehicles, due to increasing fuel prices daily. The Government of India has also been taking various initiatives and developing several programs to promote EVs.

Fossil fuels are derived from nature and used to power vehicles. Its cost has gone up since there is a great demand for them and has a limited supply. Electric vehicles using batteries as power sources are a better alternative to fuel based vehicles. More consumers are preferring electric and hybrid vehicles over those that rely on fossil fuels as a result of the global increase in gasoline prices. Battery recycling providers may see an increase in demand as a result of this. For instance, the Indian Government has released draft recommendations on battery waste management to prevent incorrect handling and treatment of Lithium-Ion Batteries (LIBs). In accordance with these recommendations, manufacturers would be mandated to collect, store, transport, recycle, and dispose used batteries. This is known as Extended Producer Responsibility (EPR). Additionally, the Government of India offers financial incentives to promote LIB recycling investments.

Poor lithium separation, flawed disassembly, and ineffective shredding are predicted to hamper revenue growth of the battery recycling market during the projection period. Prevalent growth of second-life battery recycling could be hampered by high battery refurbishing expenses (including transaction and collection charges) as well as questions over the quality, safety, and remaining lifetime of batteries sent for refurbishment.

The lithium-based battery is currently the best alternative out of all the battery technologies now in use. These batteries have an eight to ten-year shelf life, but once their ability to generate energy drops below 80%, they are no longer appropriate for use in EVs. On the other hand, these batteries can still be used in stationary applications such as for storing renewable energy.

Several sectors across the globe were impacted due to the COVID-19 pandemic. Additionally, stay-at-home orders and closure of manufacturing and recycling facilities has affected the battery recycling sector. The recycling of batteries is a capital-intensive sector that requires a lot of finance, labor, and investment. However, the pandemic's impact on the economy has led to higher unemployment and decreased consumer spending. Governments of various countries such as India, U.S., and others shifted their funding to healthcare functions. Which had an effect on all the industries including the battery recycling industry. Additionally, there were delays in the battery recycling supply chain as a result of the travel and import-export restrictions, which significantly hampered viability of non-renewable and environmentally hazardous materials such as lead, cobalt, and lithium. During the pandemic, these variables had a major impact on the battery recycling market revenue growth.

The key players profiled in this report include Call2Recycle, Inc., Battery Solutions, LLC, Exide Technologies, Umicore, Contemporary Amperex Technology Co., Limited, ENERSYS, GEM Co., Ltd., Johnson Controls, Fortum, and Aqua Metals, Inc.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the transportation battery recycling market analysis from 2021 to 2030 to identify the prevailing transportation battery recycling market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the transportation battery recycling market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global transportation battery recycling market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Chemistry

  • Lead-Acid Battery
  • Lithium-Based Battery
  • Nickel-Based Battery
  • Others

By Source

  • Automotive Batteries
  • Industrial Batteries
  • Consumer and Electronic Appliance Batteries

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Call2Recycle, Inc.
  • battery solutions, llc
  • ECOBAT Logistics
  • Gopher Resource
  • Contemporary Amperex Technology Co., Limited
  • EnerSys
  • GEM Co., Ltd.
  • Fortum
  • Aqua Metals, Inc.
  • umicore

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Value Chain Analysis
3.8.Key Regulation Analysis
3.9.Patent Landscape
3.10.Market Share Analysis
3.11.Regulatory Guidelines
CHAPTER 4: TRANSPORTATION 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: TRANSPORTATION 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 and Electronic 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: TRANSPORTATION BATTERY RECYCLING MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Chemistry
6.2.3 North America Market size and forecast, by Source
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Chemistry
6.2.4.1.2 Market size and forecast, by Source
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Chemistry
6.2.4.2.2 Market size and forecast, by Source
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Chemistry
6.2.4.3.2 Market size and forecast, by Source
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Chemistry
6.3.3 Europe Market size and forecast, by Source
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Chemistry
6.3.4.1.2 Market size and forecast, by Source
6.3.4.2 U.K.
6.3.4.2.1 Market size and forecast, by Chemistry
6.3.4.2.2 Market size and forecast, by Source
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Chemistry
6.3.4.3.2 Market size and forecast, by Source
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Chemistry
6.3.4.4.2 Market size and forecast, by Source
6.3.4.5 Italy
6.3.4.5.1 Market size and forecast, by Chemistry
6.3.4.5.2 Market size and forecast, by Source
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Chemistry
6.3.4.6.2 Market size and forecast, by Source
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Chemistry
6.4.3 Asia-Pacific Market size and forecast, by Source
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Chemistry
6.4.4.1.2 Market size and forecast, by Source
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Chemistry
6.4.4.2.2 Market size and forecast, by Source
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Chemistry
6.4.4.3.2 Market size and forecast, by Source
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Chemistry
6.4.4.4.2 Market size and forecast, by Source
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Chemistry
6.4.4.5.2 Market size and forecast, by Source
6.4.4.6 Rest Of Asia Pacific
6.4.4.6.1 Market size and forecast, by Chemistry
6.4.4.6.2 Market size and forecast, by Source
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Chemistry
6.5.3 LAMEA Market size and forecast, by Source
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Chemistry
6.5.4.1.2 Market size and forecast, by Source
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Chemistry
6.5.4.2.2 Market size and forecast, by Source
6.5.4.3 South Africa
6.5.4.3.1 Market size and forecast, by Chemistry
6.5.4.3.2 Market size and forecast, by Source
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Market size and forecast, by Chemistry
6.5.4.4.2 Market size and forecast, by Source
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Call2Recycle, Inc.
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 battery solutions, llc
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 ECOBAT Logistics
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Gopher Resource
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Contemporary Amperex Technology Co., Limited
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 EnerSys
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 GEM Co., Ltd.
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Fortum
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Aqua Metals, Inc.
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 umicore
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Silica Flour Market, by Type, 2021-2031 ($Million)
Table 2. Silica Flour Market Size, for Quartz, by Region, 2021-2031 ($Million)
Table 3. Silica Flour Market for Quartz, by Country, 2021-2031 ($Million)
Table 4. Silica Flour Market Size, for Cristobalite, by Region, 2021-2031 ($Million)
Table 5. Silica Flour Market for Cristobalite, by Country, 2021-2031 ($Million)
Table 6. Global Silica Flour Market, by Application, 2021-2031 ($Million)
Table 7. Silica Flour Market Size, for Fiberglass, by Region, 2021-2031 ($Million)
Table 8. Silica Flour Market for Fiberglass, by Country, 2021-2031 ($Million)
Table 9. Silica Flour Market Size, for Glass and Clay, by Region, 2021-2031 ($Million)
Table 10. Silica Flour Market for Glass and Clay, by Country, 2021-2031 ($Million)
Table 11. Silica Flour Market Size, for Oil Well Cement, by Region, 2021-2031 ($Million)
Table 12. Silica Flour Market for Oil Well Cement, by Country, 2021-2031 ($Million)
Table 13. Silica Flour Market Size, for Ceramic and Refractory, by Region, 2021-2031 ($Million)
Table 14. Silica Flour Market for Ceramic and Refractory, by Country, 2021-2031 ($Million)
Table 15. Silica Flour Market Size, for Foundry, by Region, 2021-2031 ($Million)
Table 16. Silica Flour Market for Foundry, by Country, 2021-2031 ($Million)
Table 17. Silica Flour Market Size, for Others, by Region, 2021-2031 ($Million)
Table 18. Silica Flour Market for Others, by Country, 2021-2031 ($Million)
Table 19. Silica Flour Market, by Region, 2021-2031 ($Million)
Table 20. North America Silica Flour Market, by Type, 2021-2031 ($Million)
Table 21. North America Silica Flour Market, by Application, 2021-2031 ($Million)
Table 22. North America Silica Flour Market, by Country, 2021-2031 ($Million)
Table 23. U.S. Silica Flour Market, by Type, 2021-2031 ($Million)
Table 24. U.S. Silica Flour Market, by Application, 2021-2031 ($Million)
Table 25. Canada Silica Flour Market, by Type, 2021-2031 ($Million)
Table 26. Canada Silica Flour Market, by Application, 2021-2031 ($Million)
Table 27. Mexico Silica Flour Market, by Type, 2021-2031 ($Million)
Table 28. Mexico Silica Flour Market, by Application, 2021-2031 ($Million)
Table 29. Europe Silica Flour Market, by Type, 2021-2031 ($Million)
Table 30. Europe Silica Flour Market, by Application, 2021-2031 ($Million)
Table 31. Europe Silica Flour Market, by Country, 2021-2031 ($Million)
Table 32. Germany Silica Flour Market, by Type, 2021-2031 ($Million)
Table 33. Germany Silica Flour Market, by Application, 2021-2031 ($Million)
Table 34. France Silica Flour Market, by Type, 2021-2031 ($Million)
Table 35. France Silica Flour Market, by Application, 2021-2031 ($Million)
Table 36. UK Silica Flour Market, by Type, 2021-2031 ($Million)
Table 37. UK Silica Flour Market, by Application, 2021-2031 ($Million)
Table 38. Italy Silica Flour Market, by Type, 2021-2031 ($Million)
Table 39. Italy Silica Flour Market, by Application, 2021-2031 ($Million)
Table 40. Spain Silica Flour Market, by Type, 2021-2031 ($Million)
Table 41. Spain Silica Flour Market, by Application, 2021-2031 ($Million)
Table 42. Rest of Europe Silica Flour Market, by Type, 2021-2031 ($Million)
Table 43. Rest of Europe Silica Flour Market, by Application, 2021-2031 ($Million)
Table 44. Asia-Pacific Silica Flour Market, by Type, 2021-2031 ($Million)
Table 45. Asia-Pacific Silica Flour Market, by Application, 2021-2031 ($Million)
Table 46. Asia-Pacific Silica Flour Market, by Country, 2021-2031 ($Million)
Table 47. China Silica Flour Market, by Type, 2021-2031 ($Million)
Table 48. China Silica Flour Market, by Application, 2021-2031 ($Million)
Table 49. Japan Silica Flour Market, by Type, 2021-2031 ($Million)
Table 50. Japan Silica Flour Market, by Application, 2021-2031 ($Million)
Table 51. India Silica Flour Market, by Type, 2021-2031 ($Million)
Table 52. India Silica Flour Market, by Application, 2021-2031 ($Million)
Table 53. South Korea Silica Flour Market, by Type, 2021-2031 ($Million)
Table 54. South Korea Silica Flour Market, by Application, 2021-2031 ($Million)
Table 55. Australia Silica Flour Market, by Type, 2021-2031 ($Million)
Table 56. Australia Silica Flour Market, by Application, 2021-2031 ($Million)
Table 57. Rest of Asia-Pacific Silica Flour Market, by Type, 2021-2031 ($Million)
Table 58. Rest of Asia-Pacific Silica Flour Market, by Application, 2021-2031 ($Million)
Table 59. LAMEA Silica Flour Market, by Type, 2021-2031 ($Million)
Table 60. LAMEA Silica Flour Market, by Application, 2021-2031 ($Million)
Table 61. LAMEA Silica Flour Market, by Country, 2021-2031 ($Million)
Table 62. Brazil Silica Flour Market, by Type, 2021-2031 ($Million)
Table 63. Brazil Silica Flour Market, by Application, 2021-2031 ($Million)
Table 64. South Arabia Silica Flour Market, by Type, 2021-2031 ($Million)
Table 65. South Arabia Silica Flour Market, by Application, 2021-2031 ($Million)
Table 66. South Africa Silica Flour Market, by Type, 2021-2031 ($Million)
Table 67. South Africa Silica Flour Market, by Application, 2021-2031 ($Million)
Table 68. Rest of LAMEA Silica Flour Market, by Type, 2021-2031 ($Million)
Table 69. Rest of LAMEA Silica Flour Market, by Application, 2021-2031 ($Million)
Table 70. Agsco: Company Snapshot
Table 71. Agsco: Operating Segments
Table 72. Agsco: Product Portfolio
Table 73. Agsco: Net Sales
Table 74. Agsco: Key Stratergies
Table 75. Adwan Chemical Industries Co. Ltd: Company Snapshot
Table 76. Adwan Chemical Industries Co. Ltd: Operating Segments
Table 77. Adwan Chemical Industries Co. Ltd: Product Portfolio
Table 78. Adwan Chemical Industries Co. Ltd: Net Sales
Table 79. Adwan Chemical Industries Co. Ltd: Key Stratergies
Table 80. Delmon Group of Companies: Company Snapshot
Table 81. Delmon Group of Companies: Operating Segments
Table 82. Delmon Group of Companies: Product Portfolio
Table 83. Delmon Group of Companies: Net Sales
Table 84. Delmon Group of Companies: Key Stratergies
Table 85. Hoben International Limited: Company Snapshot
Table 86. Hoben International Limited: Operating Segments
Table 87. Hoben International Limited: Product Portfolio
Table 88. Hoben International Limited: Net Sales
Table 89. Hoben International Limited: Key Stratergies
Table 90. Opta Minerals Inc.: Company Snapshot
Table 91. Opta Minerals Inc.: Operating Segments
Table 92. Opta Minerals Inc.: Product Portfolio
Table 93. Opta Minerals Inc.: Net Sales
Table 94. Opta Minerals Inc.: Key Stratergies
Table 95. Scr-Sibelco Nv: Company Snapshot
Table 96. Scr-Sibelco Nv: Operating Segments
Table 97. Scr-Sibelco Nv: Product Portfolio
Table 98. Scr-Sibelco Nv: Net Sales
Table 99. Scr-Sibelco Nv: Key Stratergies
Table 100. Sil Industrial Minerals,: Company Snapshot
Table 101. Sil Industrial Minerals,: Operating Segments
Table 102. Sil Industrial Minerals,: Product Portfolio
Table 103. Sil Industrial Minerals,: Net Sales
Table 104. Sil Industrial Minerals,: Key Stratergies
Table 105. Polyone Corporation: Company Snapshot
Table 106. Polyone Corporation: Operating Segments
Table 107. Polyone Corporation: Product Portfolio
Table 108. Polyone Corporation: Net Sales
Table 109. Polyone Corporation: Key Stratergies
Table 110. Sanitized Ag: Company Snapshot
Table 111. Sanitized Ag: Operating Segments
Table 112. Sanitized Ag: Product Portfolio
Table 113. Sanitized Ag: Net Sales
Table 114. Sanitized Ag: Key Stratergies
Table 115. Biocote Limited: Company Snapshot
Table 116. Biocote Limited: Operating Segments
Table 117. Biocote Limited: Product Portfolio
Table 118. Biocote Limited: Net Sales
Table 119. Biocote Limited: Key Stratergies
List of Figures
Figure 1. Transportation Battery Recycling Market Segmentation
Figure 2. Transportation Battery Recycling Market,2021-2030
Figure 3. Transportation Battery Recycling Market,2021-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Transportation Battery Recycling Market:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Key Regulation Analysis
Figure 14. Patent Analysis by Company
Figure 15. Patent Analysis by Country
Figure 16. Market Share Analysis
Figure 17. Regulatory Guidelines
Figure 18. Transportation Battery Recycling Market,By Chemistry,2021(%)
Figure 19. Comparative Share Analysis of Lead-Acid Battery Transportation Battery Recycling Market,2021-2030(%)
Figure 20. Comparative Share Analysis of Lithium-based Battery Transportation Battery Recycling Market,2021-2030(%)
Figure 21. Comparative Share Analysis of Nickel-based Battery Transportation Battery Recycling Market,2021-2030(%)
Figure 22. Comparative Share Analysis of Others Transportation Battery Recycling Market,2021-2030(%)
Figure 23. Transportation Battery Recycling Market,By Source,2021(%)
Figure 24. Comparative Share Analysis of Automotive Batteries Transportation Battery Recycling Market,2021-2030(%)
Figure 25. Comparative Share Analysis of Industrial Batteries Transportation Battery Recycling Market,2021-2030(%)
Figure 26. Comparative Share Analysis of Consumer and Electronic Appliance Batteries Transportation Battery Recycling Market,2021-2030(%)
Figure 27. Transportation Battery Recycling Market by Region,2021
Figure 28. U.S. Transportation Battery Recycling Market,2021-2030($Million)
Figure 29. Canada Transportation Battery Recycling Market,2021-2030($Million)
Figure 30. Mexico Transportation Battery Recycling Market,2021-2030($Million)
Figure 31. Germany Transportation Battery Recycling Market,2021-2030($Million)
Figure 32. U.K. Transportation Battery Recycling Market,2021-2030($Million)
Figure 33. France Transportation Battery Recycling Market,2021-2030($Million)
Figure 34. Spain Transportation Battery Recycling Market,2021-2030($Million)
Figure 35. Italy Transportation Battery Recycling Market,2021-2030($Million)
Figure 36. Rest of Europe Transportation Battery Recycling Market,2021-2030($Million)
Figure 37. China Transportation Battery Recycling Market,2021-2030($Million)
Figure 38. Japan Transportation Battery Recycling Market,2021-2030($Million)
Figure 39. India Transportation Battery Recycling Market,2021-2030($Million)
Figure 40. South Korea Transportation Battery Recycling Market,2021-2030($Million)
Figure 41. Australia Transportation Battery Recycling Market,2021-2030($Million)
Figure 42. Rest of Asia-Pacific Transportation Battery Recycling Market,2021-2030($Million)
Figure 43. Brazil Transportation Battery Recycling Market,2021-2030($Million)
Figure 44. Saudi Arabia Transportation Battery Recycling Market,2021-2030($Million)
Figure 45. South Africa Transportation Battery Recycling Market,2021-2030($Million)
Figure 46. Rest of LAMEA Transportation Battery Recycling Market,2021-2030($Million)
Figure 47. Top Winning Strategies, by Year
Figure 48. Top Winning Strategies, by Development
Figure 49. Top Winning Strategies, by Company
Figure 50. Product Mapping of Top 10 Players
Figure 51. Competitive Dashboard
Figure 52. Competitive Heatmap of Top 10 Key Players
Figure 53. Call2Recycle, Inc..: Net Sales ,($Million)
Figure 54. Battery Solutions, LLC.: Net Sales ,($Million)
Figure 55. Ecobat Logistics.: Net Sales ,($Million)
Figure 56. Gopher Resource.: Net Sales ,($Million)
Figure 57. Contemporary Amperex Technology Co. Limited.: Net Sales ,($Million)
Figure 58. Enersys.: Net Sales ,($Million)
Figure 59. Gem Co. Ltd..: Net Sales ,($Million)
Figure 60. Fortum.: Net Sales ,($Million)
Figure 61. Aqua Metals, Inc..: Net Sales ,($Million)
Figure 62. Umicore.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Transportation Battery Recycling Market," the transportation battery recycling market size was valued at $4.75 billion in 2021, and is estimated to reach $9.95 billion by 2030, growing at a CAGR of 8.2% from 2022 to 2030.

Over the past ten years, the market for Electric Vehicles (EVs) increased dramatically, partly due to aggressive sales’ goals set globally. Lithium-ion batteries must be carefully discarded at end-of-life to maximize reuse and recycling, which necessitates an effective and secure system for its collection and transportation.

However, some of the disadvantages of these batteries are they contain heavy metals such as mercury and lead which are among the dangerous substances. These batteries retain some of their charge, which raises possibility of an accidental discharge that might endanger or harm persons as well as nearby property. Large lithium-based batteries, like those used in automotive applications, may be mislabeled as lead-acid batteries by regional battery manufacturers. Due to these problems, state or federal governments restrict transportation and storage of used batteries.

Developments such as manufacturing on a large scale, lower component prices, and adoption of technologies to boost battery capacity are factors leading to a decline in prices of lithium-ion batteries. For instance, in the U.S., Battery Resources is planning to open a 154,000-square-foot recycling facility in August 2022, which is expected to be among the largest in North America region. Moreover, it will have capacity to recycle 30,000 metric tons of lithium-ion batteries per year. These factors are anticipated improve the transportation battery recycling market share over the coming years.

The global transportation battery recycling market is segmented based on type, sources, and region. By type, it is classified into lithium-based battery, lead-acid battery, nickel-based battery, and others. By sources, it is classified into industrial batteries, automotive batteries, electronic appliances batteries, and others. By region, the transportation battery recycling market analysis is done across Europe, North America, Asia-Pacific, and LAMEA.

The key players profiled in this report include Call2Recycle, Inc., Battery Solutions, LLC, Exide Technologies, Umicore, Contemporary Amperex Technology Co., Limited, ENERSYS, GEM Co., Ltd., Johnson Controls, Fortum, and Aqua Metals, Inc.

The report offers a comprehensive study of the global transportation battery recycling market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards growth of the market. The report also sheds light on the present scenario and upcoming trends & developments that are contributing to growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.

Impact of COVID-19 on the Global Transportation Battery Recycling Industry

  • The COVID-19 pandemic has had a severe effect on a number of businesses, including the automotive industry. The pandemic has caused a sharp decrease in automotive sales. The need for recycling transportation batteries decreased significantly due to widespread usage of automotive batteries in the automotive industry.
  • Due to quick spread of COVID-19, the establishment of new transportation battery recycling projects was hampered due to the global economic recession
  • According to, National Center for Biotechnology Information (NCBI) it is a part of the U.S. National Library and is supported by the U.S. Government, French automakers will receive around $9 billion in recovery money, primarily to encourage adoption of electric vehicles. The EV manufacturing sector will receive around $5.6 billion from Germany's stimulus package.

Key Findings of the Study

  • Based on type, the lithium-based battery sub-segment emerged as the global dominating leader in 2021 and the lead-acid battery sub-segment is anticipated to be the fastest growing sub-segment during the forecast period
  • Based on sources, the industrial batteries sub-segment emerged as the global dominating leader in 2021 and the automotive batteries sub-segment is predicted to show the fastest growth in the upcoming years, which in turn is projected to propell the transportation battery recycling market growth
  • Based on region, the Europe market registered the highest market share in 2021 and is projected to maintain its dominant position during the forecast period. The Asia-Pacific region is anticipated to be the fastest growing market during the forecast period.
  • The study also provides the in-depth analysis of the transportation battery recycling market forecast trends.

Companies Mentioned

  • Call2Recycle, Inc.
  • Battery Solutions, LLC
  • Ecobat Logistics
  • Gopher Resource
  • Contemporary Amperex Technology Co. Limited
  • Enersys
  • Gem Co. Ltd.
  • Fortum
  • Aqua Metals, Inc.
  • Umicore

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.

Loading
LOADING...

Related Topics

Related Reports

Global Electric Vehicles Battery Recycling Market by Source (Passenger Vehicles, Commercial Vehicles, E-Bikes), Chemistry (Li-NMC, LFP, LMO, LTO, NCA), Process, and Region (North America, Europe, Asia Pacific) - Forecast to 2031 - Product Image

Global Electric Vehicles Battery Recycling Market by Source (Passenger Vehicles, Commercial Vehicles, E-Bikes), Chemistry (Li-NMC, LFP, LMO, LTO, NCA), Process, and Region (North America, Europe, Asia Pacific) - Forecast to 2031

  • Report
  • 213 Pages
  • Global
From
Global Li-ion Battery Recycling Market: Analysis By Battery Chemistry, By Recycling Process, By End User, By Region, Size and Trends with Impact of COVID-19 and Forecast up to 2029 - Product Image

Global Li-ion Battery Recycling Market: Analysis By Battery Chemistry, By Recycling Process, By End User, By Region, Size and Trends with Impact of COVID-19 and Forecast up to 2029

  • Report
  • 140 Pages
  • Global
From
2024 Lithium ion Battery Recycling Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031 - Product Image

2024 Lithium ion Battery Recycling Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031

  • Report
  • 148 Pages
  • Global
From
Global Lithium-ion Battery Recycling Market by Battery Chemistry, Recycling Process, Battery Component - Forecast 2024-2030 - Product Image

Global Lithium-ion Battery Recycling Market by Battery Chemistry, Recycling Process, Battery Component - Forecast 2024-2030

  • Report
  • 199 Pages
  • Global
From
Global Electric Vehicle Battery Recycling Market - Outlook & Forecast 2023-2028 - Product Image

Global Electric Vehicle Battery Recycling Market - Outlook & Forecast 2023-2028

  • Report
  • 231 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.