BANGALORE, India, Jan. 9, 2020 /PRNewswire/ -- Recycling of batteries is a method aimed at reducing the amount of batteries being disposed of as solid waste. The contamination of soil and water caused by the disposal of batteries has contributed to the need to take the necessary measures to recycle batteries.
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Throughout 2017, the lead-acid battery segment dominated the global battery recycling industry, followed by chemistry focused on lithium and nickel. Lead-acid is the most common type of battery used in a wide variety of automotive and industrial applications. Because of the growing use of starting, lighting and ignition (SLI) batteries, the lead-acid chemistry segment is expected to see the highest growth from 2018 to 2023.
This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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TRENDS INFLUENCING THE GLOBAL BATTERY RECYCLING MARKET SHARE
- Strict governmental laws to preserve environmental health
- Growing awareness among people
REGION WISE GLOBAL BATTERY RECYCLING MARKET SHARE
- Europe is projected to be the fastest-growing market
- Asia Pacific market is expected to closely follow Europe's battery recycling market over the forecast period due to the increasing demand for batteries, the environmental concerns, increasing number of establishments needed for battery recycling units and flourishing market for Electric Vehicles (EV).
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MARKET SEGMENT BY TYPE, THE PRODUCT CAN BE SPLIT INTO
- Lead Acid Battery
- Nickel-Based Battery
- Lithium-based Battery
- Other Batteries
MARKET SEGMENT BY APPLICATION, THE MARKET CAN BE SPLIT INTO
- Extraction of Material
- Reuse, Repackaging and Second Life
- Disposal
THIS REPORT FOCUSES ON THE GLOBAL TOP PLAYERS, COVERED
- Call2Rrecycle
- Exide Technologies
- Gravita India
- Johnson Controls
- East Penn Manufacturing
- EnerSys
- Umicore
- Retriev Technologies
- G&P Batteries
- The Doe Run Company
- Gopher Resource
- RSR Corporation
- Terrapure Environmental
- COM2 Recycling Solutions
- World Logistics
- Aqua Metals
- Raw Materials Company
- Engitec Technologies
- Vinton Batteries
THE STUDY OBJECTIVES OF THIS REPORT ARE:
- To study and forecast the market size of Battery Recycling in the global market.
- To analyze the global key players, SWOT analysis, value and global market share for top players.
- To define, describe and forecast the market by type, end-use, and region.
- To analyze and compare the market status and forecast among global major regions.
- To analyze the global key regions' market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
KEY STAKEHOLDERS
- Raw material suppliers
- Distributors/traders/wholesalers/suppliers
- Regulatory bodies, including government agencies and NGO
- Commercial research & development (R&D) institutions
- Importers and exporters
- Government organizations, research organizations, and consulting firms
- Trade associations and industry bodies
- End-use industries
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AVAILABLE CUSTOMIZATIONS
- Further breakdown of the Battery Recycling market on the basis of the key contributing countries.
- Detailed analysis and profiling of additional market players.
REPORTS RELATED TO THE SUBSET OF BATTERY RECYCLING
- GLOBAL PRIMARY BATTERY RECYCLING MARKET
Primary Battery Recycling is a recycling activity that aims to reduce the number of batteries being disposed of as municipal solid waste.
This report focuses on the global Primary Battery Recycling status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Primary Battery Recycling development in the United States, Europe, and China.
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- GLOBAL SECONDARY BATTERY RECYCLING MARKET
Battery recycling is a process that helps reduce the number of batteries being disposed of as municipal solid waste. Secondary batteries should be disposed of properly, as they comprise several heavy metals and toxic chemicals.
In 2019, the market size of Secondary Battery Recycling is 390 million US$ and it will reach 710 million US$ in 2025, growing at a CAGR of 8.0% from 2019.
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- GLOBAL ELECTRIC VEHICLE BATTERY RECYCLING MARKET
An electric vehicle battery, also known as traction battery is used to power the propulsion of electric vehicles. Electric vehicle battery is a secondary (rechargeable) battery. It uses chemical energy stored in rechargeable battery packs for power and therefore does not require any combustion engine for propulsion.
The global electric vehicle battery recycling market was valued at $138.6 million in 2017 and is projected to reach $2,272.3 million by 2025, growing at a CAGR of 41.8% from 2018 to 2025.
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- GLOBAL LITHIUM-ION BATTERY RECYCLING MARKET
The lithium-ion Battery Recycling market is fragmented with fierce competition. Umicore is the world-leading player in global Lithium-ion Battery Recycling market with the market share of 6.55% in 2018, in terms of revenue, followed by GEM, Bruno Recycling, SungEel HiTech, Taisen Recycling, Batrec, Retriev Technologies, Tes-Amm(Recupyl), Duesenfeld, 4R Energy Corp and OnTo Technology. The top 14 listed companies accounted for 20% of the revenue market share in 2018.
This report focuses on the global Lithium-ion Battery Recycling status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Lithium-ion Battery Recycling development in the United States, Europe, and China.
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- GLOBAL LEAD ACID BATTERY RECYCLING MARKET
This report studies the Lead Acid Battery Recycling market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025.
This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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