Battery Recycling Market by Battery Chemistry, Battery Source, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR44465
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 Battery Recycling Market - 2021-2025

The projected valuation of the battery recycling market by 2025 is USD 6.28 billion. The growth momentum of the market is expected to accelerate at a CAGR of 9%, during 2021-2025. This research report elucidates the market drivers and trends that has been catalyzing the progress of existing market players. One of the key factors driving the battery recycling market growth is widening lithium supply-demand gap. View our sample report for insights on the latest drivers, trends, and challenges that will have a far-reaching effect on the market growth in the coming years.

Battery Recycling Market Size

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Battery Recycling Market Segments

Get actionable insights on the battery recycling market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentations by battery chemistry (lead-acid, lithium, and others), battery source (automotive, electronic appliance, and others), and geography (APAC, Europe, MEA, North America, and South America) in this battery recycling market report to pursue growth opportunities. 

Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic battery recycling market predictions on demand changes for 2021-2025? You can buy the report now with one easy click.

Battery Recycling Market Vendors and Competitive Analysis

The battery recycling market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the battery recycling market is fragmented and the vendors are deploying organic and inorganic growth strategies to gain competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players.

The battery recycling market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

For detailed insights on complete key vendor profiles buy the full battery recycling market forecast report. The profiles include particulars on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Battery Recycling Market Vendors

Battery Recycling Market - Region Opportunities 2021-2025

36% of the battery recycling market growth will originate from APAC during the forecast period. China and Japan are the key markets for battery recycling market in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Battery Recycling Market Share by Geography

APAC has been exhibiting significant growth rate for battery recycling market vendors. Factors such as rising environmental concerns due to improper battery disposal are accelerating the battery recycling market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The battery recycling market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Battery Recycling Market Insights by Battery Chemistry

Battery Recycling Market Share by Geography

To gain further insights on the market contribution of various segments Request for a FREE Sample!

According to our market segmentation data analysis, the lead-acid segment is expected to be a significant contributor to the growth of the battery recycling market share during the forecast period. The lead-acid battery technology is a mature technology and has held a strong position in the global battery market for over 100 years. Lead-acid batteries are extensively used in stationary, automotive, and deep-cycle batteries. Moreover, advances in battery technology have resulted in the increased lifecycle, discharge performance, and charge acceptance. Also, advanced lead-acid batteries cost lower than other battery types, such as a lithium-ion battery. These factors and more are enabling the lead-acid market segment to achieve higher market share compared to other battery chemistry market segments. This report provides an accurate prediction of the revenue share of all the segments to the growth of the battery recycling market size.

From the battery recycling market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Battery Recycling Market Drivers & Trends

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding battery recycling market growth is lead contamination in environment. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

Although there is an adequate amount of lithium resources available globally to cater to the demand, almost 70% of the global lithium reserves are concentrated in South America's ABC (Argentina, Bolivia, and Chile) region. Owing to the sparse accessibility of the raw material (available only in geography), there is an integral risk. Also, the sudden strong demand for lithium from the EV battery sector has led to a supply deficit in the market. To protect lithium resources worldwide, original equipment manufacturers (OEMs) and governments have collaborated and are focusing on lithium battery recycling processes. This is contributing to the battery recycling market growth.

 

This battery recycling market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Battery Recycling Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive battery recycling market growth during the next five years
  • Precise estimation of the battery recycling market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the battery recycling market across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of battery recycling market vendors

Buy the Battery Recycling Market report now to reimage your business strategies!

 

Battery Recycling Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9%

Market growth 2021-2025

$ 6.28 billion

Market structure

Fragmented

YoY growth (%)

10.80

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 36%

Key consumer countries

China, US, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accurec Recycling GmbH, Battery Solutions LLC, Call2Recycle Inc., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Gravita India Ltd., Johnson Controls International Plc, The Doe Run Resources Corp., and Umicore

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Battery Chemistry

    • Market segments
    • Comparison by Battery Chemistry
    • Lead-acid - Market size and forecast 2020-2025
    • Lithium - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Battery Chemistry

    Market Segmentation by Battery Source

    • Market segments
    • Comparison by Battery Source
    • Automotive - Market size and forecast 2020-2025
    • Electronic appliance - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Battery Source

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Accurec Recycling GmbH
      • Battery Solutions LLC
      • Call2Recycle Inc.
      • East Penn Manufacturing Co. Inc.
      • EnerSys
      • Exide Industries Ltd.
      • Gravita India Ltd.
      • Johnson Controls International Plc
      • The Doe Run Resources Corp.
      • Umicore

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The battery recycling market growth will increase by $5.77 billion during 2019-2024.
      The battery recycling market is expected to grow at a CAGR of 9.24% during 2019-2024.
      Technavio has segmented the battery recycling market by other1 (Lead-acid, Lithium, and Others) ,other2 (Automotive, Electronic appliance, and Others) , and geographic (APAC, Europe, North America, South America, and MEA).
      Accurec Recycling GmbH, Battery Solutions LLC, Call2Recycle Inc., East Penn Manufacturing Co. Inc., EnerSys, Exide Technologies, Gravita India Ltd., Johnson Controls International Plc, The Doe Run Resources Corp., Umicore are a few of the key vendors in the battery recycling market.
      APAC will register the highest growth rate of 34.84% among the other regions. Therefore, the battery recycling market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the battery recycling market growth are:
      • Widening lithium supply-demand gap
      The battery recycling market vendors should focus on grabbing business opportunities from the lead-acid segment as it accounted for the largest market share in the base year.
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