Global Battery Recycling Market Growth (Status and Outlook) 2023-2029

Global Battery Recycling Market Growth (Status and Outlook) 2023-2029

Battery recycling is a process that aims at diminishing the number of batteries being disposed of as municipal solid waste. Batteries consist of several heavy metals and toxic chemicals. Therefore, disposing of them as regular trash has raised concerns about water pollution and soil contamination. The soil and water pollution caused by the disposal of batteries as a municipal waste has resulted in the need to take necessary steps to recycle batteries. Various governments have mandated battery recycling processes.

LPI (LP Information)' newest research report, the “Battery Recycling Industry Forecast” looks at past sales and reviews total world Battery Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Battery Recycling sales for 2023 through 2029. With Battery Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battery Recycling industry.

This Insight Report provides a comprehensive analysis of the global Battery Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battery Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Battery Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battery Recycling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Battery Recycling.

The global Battery Recycling market size is projected to grow from US$ 7924 million in 2022 to US$ 10310 million in 2029; it is expected to grow at a CAGR of 3.8% from 2023 to 2029.

The lead-acid battery chemistry segment dominated the global battery recycling market in 2017, followed by the lithium-based and nickel-based chemistries. Lead-acid is the most common type of chemistry, and is used in a wide range of automotive and industrial applications. The lead-acid chemistry segment is projected to witness the highest growth from 2018 to 2023, due to the increasing use of starting, lighting, and ignition (SLI) batteries.

This report presents a comprehensive overview, market shares, and growth opportunities of Battery Recycling market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Lead Acid Battery
Lithium-Based Battery
Nickel-Based Battery
Other Batteries

Segmentation by application
Extraction of Material
Reuse, Repackaging and Second Life
Disposal

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.