Primary Battery Recycling Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR70047
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The primary battery recycling market share is expected to increase by USD 62.77 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 8.37%.

This primary battery recycling market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers primary battery recycling market segmentation by technology (alkaline, primary lithium, and others) and geography (Europe and ROW). The primary battery recycling market report also offers information on several market vendors, including Battery Solutions LLC, Call2Recycle Inc., COREPILE, Ecocycle, EnerSys, Exide Technologies, Gravita India Ltd., GRS Batteries Foundation, Johnson Controls International Plc, and Umicore among others.

What will the Primary Battery Recycling Market Size be During the Forecast Period?

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Primary Battery Recycling Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post the COVID-19 era. The self-sufficiency of raw materials is notably driving the primary battery recycling market's growth, although factors such as the logistical issues associated with battery recycling may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the primary battery recycling industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Primary Battery Recycling Market Driver

The supply of critical raw materials for manufacturing batteries can be ensured by sourcing from other countries, developing domestic sourcing, or promoting the recycling of used/scrap batteries. The raw materials required for manufacturing primary batteries such as natural graphite, manganese, and nickel are highly concentrated in a few countries across the globe. Promoting the recycling of used batteries remains the best option for decreasing the dependency of countries with high battery consumption on other nations. Thus, self-sufficiency of raw materials is a key market driver.

Key Primary Battery Recycling Market Trend

Vendors in the market are opening new battery recycling facilities, owing to the growing demand for battery recycling. In addition, governments of various countries are opening recycling centers to focus on the recycling industry and reduce the reliance on foreign sources of battery materials. Therefore, increasing investments in battery recycling plants will drive the growth of the market.

Key Primary Battery Recycling Market Challenge

Recycling used batteries is a complex process compared with other alternatives, such as disposing of the battery after usage. The monitoring and collecting of used batteries are the initial steps in the entire battery recycling process. The key issue lies with the transportation of collected batteries to recycling centers. The metals and other minerals recovered from the recycling process do not yield high profits. Thus, the logistical issues associated with battery recycling impede market growth.

This primary battery recycling market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

The growth in the global renewable electricity market will be driven by factors such as supporting policies and targets for deployment of renewable power, declining costs of renewable energy technologies, increasing demand for renewable power due to environmental concerns, and technological advances. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the primary battery recycling market during the forecast period.

Who are the Major Primary Battery Recycling Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Battery Solutions LLC
  • Call2Recycle Inc.
  • COREPILE
  • Ecocycle
  • EnerSys
  • Exide Technologies
  • Gravita India Ltd.
  • GRS Batteries Foundation
  • Johnson Controls International Plc
  • Umicore

 

This statistical study of the primary battery recycling market encompasses successful business strategies deployed by the key vendors. The primary battery recycling market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Battery Solutions LLC - The company provides battery recycling services for primary batteries.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The primary battery recycling market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Primary Battery Recycling Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the primary battery recycling market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the renewable electricity market includes the following core components:

  • Inputs
  • Operations
  • Distribution and logistics
  • Marketing and sales
  • Aftermarket and service 
  • Industry innovations

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for Primary Battery Recycling Market?

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83% of the market’s growth will originate from Europe during the forecast period. Denmark, the UK, and France are the key markets for primary battery recycling in Europe. However, the market growth in this region will be slower than the growth of the market in ROW.

The high awareness toward the recycling of both primary and secondary batteries will facilitate the primary battery recycling market growth in Europe during the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, most production and manufacturing units were halted, and projects were delayed due to the outbreak of COVID-19. However, the market in focus will recover during the forecast period, as countries in Europe have resumed production activities. In addition, the opening of new battery recycling facilities in Europe will drive the demand for primary battery recycling in the region during the forecast period.

What are the Revenue-generating Technology Segments in the Primary Battery Recycling Market?

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The primary battery recycling market share growth by the alkaline segment will be significant during the forecast period. Alkaline batteries are the most common type of batteries used. These batteries are available in various sizes such as AAA, AA, C, D, and 9V. Alkaline battery recycling is gaining importance as the components of the batteries get wasted. Also, these batteries pollute the environment if not recycled, leading to the increased need to recycle alkaline batteries. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the primary battery recycling market size and actionable market insights on post COVID-19 impact on each segment.

 

Primary 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 8.37%

Market growth 2021-2025

$ 62.77 million

Market structure

Fragmented

YoY growth (%)

7.56

Regional analysis

Europe and ROW

Performing market contribution

Europe at 83%

Key consumer countries

Denmark, UK, France, Canada, US, and Australia

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Battery Solutions LLC, Call2Recycle Inc., COREPILE, Ecocycle, EnerSys, Exide Technologies, Gravita India Ltd., GRS Batteries Foundation, Johnson Controls International Plc, and Umicore

Market dynamics

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

Customization purview

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What are the Key Data Covered in this Primary Battery Recycling Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive primary battery recycling market growth during the next five years
  • Precise estimation of the primary 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 primary battery recycling industry across Europe and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of primary battery recycling market vendors

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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 analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • Alkaline - Market size and forecast 2020-2025
    • Primary lithium - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2020-2025
      • ROW - 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
      • Battery Solutions LLC
      • Call2Recycle Inc.
      • COREPILE
      • Ecocycle
      • EnerSys
      • Exide Technologies
      • Gravita India Ltd.
      • GRS Batteries Foundation
      • Johnson Controls International Plc
      • 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
      Technavio

      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
      Technavio

      TechnavioREPORT WRITING

      Qualitative

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

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The primary battery recycling market growth will increase by $62.77 million during 2020-2025.
      The primary battery recycling market is expected to grow at a CAGR of 8.37% during 2020-2025.
      Technavio has segmented the primary battery recycling market by technology (Alkaline, Primary lithium, and Others) and geographic (Europe and ROW).
      Battery Solutions LLC, Call2Recycle Inc., COREPILE, Ecocycle, EnerSys, Exide Technologies, Gravita India Ltd., GRS Batteries Foundation, Johnson Controls International Plc, Umicore are a few of the key vendors in the primary battery recycling market.
      Europe will register the highest growth rate of 83.16% among the other regions. Therefore, the primary battery recycling market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      • Denmark
      • UK
      • France
      • Canada
      • US
      • Australia
      The key factors driving the primary battery recycling market growth are:
      • Self-sufficiency of raw materials
      The primary battery recycling market vendors should focus on grabbing business opportunities from the alkaline segment as it accounted for the largest market share in the base year.
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