North America Battery Recycling Market Size- By Type, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
North America Battery Recycling Market Introduction and Overview
According to SPER market research, ‘North America Battery Recycling Market Size- By Type, By End User Industry – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Battery Recycling Market is predicted to reach USD 10,616.72 million by 2033 with a CAGR of 12.23%.
Battery recycling is an effective method for reprocessing and reusing batteries, reducing the quantity of batteries discarded as waste. Recycling has emerged as a key principle, with less environmental effects than the exploitation of new resources. Direct recycling might significantly cut both energy consumption and emissions. The recycling of discarded electric batteries has enormous potential and offers significant economic benefits.
In North America, the United States has more confirmed COVID-19 cases than either Mexico or Canada. The region’s need for battery recycling has decreased as a result of substantial disruptions to manufacturing facilities and raw material suppliers. The region’s battery recycling sector has been impeded by a distorted supply of used batteries and inefficient operational processes. However, as the economy improves, many firms are making strategic investments in environmental sustainability.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By End User Industry
Regions covered United States, Canada, Mexico, Rest of North America
Companies CoveredAmerican Battery Technology Company, Li-Cycle Holdings Corp, Lithion Recycling Technologies Inc, RecyLi Co, Eco-Bat Technologies, Redwood Materials Inc, Clarios, Gopher Resource, Call2Recycle, Aqua Metals.
North America Battery Recycling Market Segmentation:By Type:Based on the Type, North America Battery Recycling Market is segmented as; Lithium-Ion Batteries, Nickel Batteries, Lead Acid Batteries, Others.
By End User Industry: Based on the End User Industry, North America Battery Recycling Market is segmented as; Consumer Electronics, Automotive, Industrial, Energy, Others.
By Region:This research includes data for United States, Mexico, Canada, Rest of North America.