Global Secondary Battery Recycling Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Secondary Battery Recycling market size was valued at USD 384.8 million in 2023 and is forecast to a readjusted size of USD 645 million by 2030 with a CAGR of 7.7% during review period.
Battery recycling is a process that helps reduce the number of batteries being disposed as municipal solid waste. Secondary batteries should be disposed properly, as they comprise several heavy metals and toxic chemicals.
A key factor driving the growth of the market is the self-sustainability of battery raw materials. Sourcing from other countries, developing domestic sourcing, or by promoting the recycling used batteries are the three ways to ensure supply of critical raw materials for manufacturing batteries in any country. The reserves for raw materials required for manufacturing secondary batteries such as natural graphite, manganese, and nickel are highly concentrated in few countries
The Global Info Research report includes an overview of the development of the Secondary Battery Recycling industry chain, the market status of Car Battery (Lead-acid, Lithium-ion), Motorcycle Battery (Lead-acid, Lithium-ion), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Secondary Battery Recycling.
Regionally, the report analyzes the Secondary Battery Recycling markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Secondary Battery Recycling market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Secondary Battery Recycling market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Secondary Battery Recycling industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Lead-acid, Lithium-ion).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Secondary Battery Recycling market.
Regional Analysis: The report involves examining the Secondary Battery Recycling market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Secondary Battery Recycling market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Secondary Battery Recycling:
Company Analysis: Report covers individual Secondary Battery Recycling players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Secondary Battery Recycling This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Car Battery, Motorcycle Battery).
Technology Analysis: Report covers specific technologies relevant to Secondary Battery Recycling. It assesses the current state, advancements, and potential future developments in Secondary Battery Recycling areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Secondary Battery Recycling market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Secondary Battery Recycling market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Lead-acid
Lithium-ion
Others
Market segment by Application
Car Battery
Motorcycle Battery
Other
Market segment by players, this report covers
Battery Solutions
Call2Recycle
Exide Technologies
Gravita India
Johnson Controls
Electropaedia
Hunan Brunp Recycling Technology
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Secondary Battery Recycling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Secondary Battery Recycling, with revenue, gross margin and global market share of Secondary Battery Recycling from 2019 to 2024.
Chapter 3, the Secondary Battery Recycling competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Secondary Battery Recycling market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Secondary Battery Recycling.
Chapter 13, to describe Secondary Battery Recycling research findings and conclusion.