Global Lead Acid Battery Recycling Market 2024-2028
The lead acid battery recycling market is forecasted to grow by USD 3.41 bn during 2023-2028, accelerating at a CAGR of 8.3% during the forecast period. The report on the lead acid battery recycling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for EVs, growing awareness about responsible disposal practices for lead acid batteries, and increasing urbanization in emerging markets.
Technavio's lead acid battery recycling market is segmented as below:
By Type
- Flooded lead acid batteries
- Sealed lead acid batteries
By Method
- Collection and separation
- Hydrometallurgical process
- Pyro-metallurgical process
- Neutralization acid
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the rising stewardship collaborations for battery recycling as one of the prime reasons driving the lead acid battery recycling market growth during the next few years. Also, increasing adoption of advanced recycling technologies and favorable environmental regulations and policies will lead to sizable demand in the market.
The report on the lead acid battery recycling market covers the following areas:
- Lead acid battery recycling market sizing
- Lead acid battery recycling market forecast
- Lead acid battery recycling market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lead acid battery recycling market vendors that include ACE Green Recycling Inc., Aqua Metals Inc., Aurubis AG, Battery Recyclers of America, Campine n.v., COM2 RECYCLING SOLUTIONS, Contemporary Amperex Technology Co. Ltd., Ecobat LLC, EnerSys, ENGITEC TECHNOLOGIES SPA, Enva, Exide Industries Ltd., Gopher Resource LLC, Gravita India Ltd., Raw Materials Co. Inc., RECYLEX S.A, Teck Resources Ltd., Terrapure Environmental, The Doe Run Resources Corp., Tianneng Group, and Umicore SA. Also, the lead acid battery recycling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.