Skip to main content

Battery Recycling Market Application,Trends, and Opportunities 2025

 The Battery Recycling Market is projected to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, at a CAGR of 6.1% from 2020 to 2025.The major reasons for the growth of the battery recycling market include rising concerns regarding depleting precious and rare earth metals, growing demand for recycled batteries and other materials, and stringent government regulations and EPA (Environmental Protection Agency) guidelines.

By chemistry, lead-acid segment to register the highest CAGR during the forecast period.

By chemistry, the lead-acid segment is projected to register the highest CAGR from 2020 to 2025. Lead-acid is the most commonly used battery chemistry in a multitude of applications, such as back-up for uninterruptible power supplies, grid energy storage, battery-powered electric vehicles, and SLI (starting, lighting, and ignition) in conventional combustion engines. The growth of this segment is attributed mainly to the simpler, cost-effective, and energy-efficient recycling of lead-acid batteries in comparison to others, as lithium-based and nickel-based chemistries.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147696175

Recent Developments

  • In January 2019, Call2Recycle, Inc. entered into a partnership with CellBlock Fire Containment Systems (US) to expand its safe battery collection, handling, and transportation. The partnership enhanced Call2Recycle, Inc.’s offerings to include a complete range of battery protection solutions, including fire suppression pillows and blankets, consumer mail-back solutions, hazardous material drums, and damaged lithium-based battery kits. This partnership led to the ease in battery collection for Call2Recycle, Inc.
  • In February 2017, Johnson Controls International plc and Aqua Metals, Inc. signed a break-through battery recycling technology partnership under which Johnson Controls will supply batteries to Aqua Metals for recycling and will also purchase the produced refined lead from Aqua Metals.

Key Questions Addressed by the Report

  • How will developments undertaken by various companies affect the battery recycling market in the mid- to long-term?
  • What is the impact of changes in government policies on the battery recycling market?
  • What is the estimated size of the battery recycling market in 2020?
  • What is the largest regional market for battery recycling?

Key Market Players

Call2Recycle, Inc. (US), Battery Solutions, LLC (US), Exide Technologies (US), Umicore (Belgium), Exide Industries Ltd. (India), Contemporary Amperex Technology Co. Ltd. (CATL) (China), GEM Co., Ltd. (China), EnerSys (US), Johnson Controls International plc (US), Aqua Metals, Inc. (US), Retriev Technologies Inc. (US), Gravita India Limited (India), ECOBAT Logistics (UK), Fortum Oyj (Finland), Teck Resources Limited (Canada), American Manganese Inc. (Canada), Glencore International AG (Switzerland), TES-AMM Singapore Pte Ltd (Singapore), RSR Corporation (US), COM2 Recycling Solutions (US), East Penn Manufacturing Company, Inc. (US), The Doe Run Company (US), Raw Materials Company Inc. (RMC) (Canada), Neometals Ltd (Australia), Terrapure Environmental (Canada), and Gopher Resource LLC (US). 

 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

 

Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
sales@marketsandmarkets.com

Labels:

Comments

Post a Comment

Popular posts from this blog

The amino crosslinking agent segment accounted for the largest share of the crosslinking agent market

  The Crosslinking Agent Market is projected to reach USD 13.61 Billion by 2022, at a CAGR of 5.3% by value from 2017 to 2022. The extensive usage of cross linkers in industrial coatings such as automotive, marine, and protective coatings is driving the growth of the crosslinking agent market. Browse 116 Market Data Tables and 24 Figures spread through 148 Pages and in-depth TOC on  "Crosslinking Agent Market by Chemistry (Amino, Amine, Isocyanate, Amide, Aziridine, Carbodiimide), Paints & Coating Application (Decorative, Industrial), and Region (North America, Asia Pacific, Europe, South America) - Global Forecast to 2022" Based on paints & coatings application, the crosslinking agent market has been segmented into decorative coatings and industrial coatings. The industrial coating segment has the largest market share and is also the fastest-growing segment. The growth of the industrial application segment of the crosslinking agent market is primarily driven...
Post a Comment
Read more

Who are the key manufacturers in the Ammonia Refrigerants Market?

  The ammonia refrigerants market is projected to reach USD 86.5 million by 2030, at a CAGR of 5.7% from USD 55.5 million in 2022. Ammonia is one of the most efficient refrigerants available and has a wide range of uses at different temperature and capacity. In addition to being natural the use of ammonia opens up the possibility of reduced energy consumption and secures long-term costs efficiency and sustainability. Ammonia is most commonly used for air conditioning systems and refrigeration systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254343156 Market Dynamics Driver: Eco-friendly aspect to drive the market One of the biggest advantages of ammonia gas as the refrigerant is that it is safe to the environment and does not cause any depletion of the ozone layer. Due to this it won’t have to be replaced with any alternative refrigerants as is the case with number of chlorofluorocarbons (CFCs). Ammonia is the oldest of all the refri...
Post a Comment
Read more

PTFE Membrane Market by Type, Application, and Region to 2025

The PTFE Membrane Market was valued at USD 1.49 Billion in 2015, and is projected to reach USD 2.32 Billion by 2021, at a CAGR of 7.7% from 2016 to 2021. The increasing use of PTFE membranes for water filtration and waste water management and acceptance of PTFE membrane in the medical & pharmaceutical industry are expected to drive the market for PTFE membrane. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=243714287 The demand for PTFE membranes in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in the oil & gas, water treatment, and chemical industry. The fluctuation in oil & gas prices is challenging the PTFE membranes market. The demand for PTFE membranes is rising, owing to the good physical properties and stringent regulations for emission and industrial waste treatment. Furthermore, the increasing demand for treated water in emerging provide growth opportunities to the market. On th...
Post a Comment
Read more