Secondary Battery Recycling Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 165 SKU: IRTNTR45248

Secondary Battery Recycling Market Size 2024-2028

The secondary battery recycling market size is estimated to grow at a CAGR of 19% between 2023 and 2028. The market size is forecast to increase by USD 22,055.41 million. The growth of the market depends on several factors such as the self-sustainability of battery raw materials, low availability and rising prices of primary metal and rising environmental concerns due to improper disposal of secondary batteries. 

Secondary Battery Recycling Market Overview :

  • The market segmentation by Battery Type includes lead-acid, lithium-ion, and others.
  • The market segmentation by End-user includes automotive, consumer electronics, and others.
  •  Battery Type is fastest growing segment during the forecast year.
  • The lead-acid segment was the largest segment and was valued at  USD 6,422.70 million in 2018.
  • The Regional Analysis consists of APAC, Europe, North America, South America, and Middle East and Africa.
  • APAC is is most dominating region during the forecast period
  •  It also includes an in-depth analysis of drivers (Self-sustainability of battery raw materials), trends (Rising stewardship collaboration for battery recycling), and challenges (Logistical issues associated with battery recycling).

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Secondary Battery Recycling Market Segmentation

Battery Type Segment

The lead-acid segment is estimated to witness significant growth during the forecast period. The lead-acid battery segment dominates the global secondary battery recycling market due to its mature technology. Lead-acid batteries are extensively used in stationary, automotive, and deep-cycle batteries. They are increasingly used in energy storage installations, including automotive, telecom, and material handling equipment.

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The lead-acid battery contains lead, sulfuric acid, and other lead compounds, which are toxic. There have been several cases of lead poisoning due to the leaching of lead into the environment during the manufacturing or recycling of these batteries, causing environmental impacts. Such factors have resulted in high rates of lead-acid battery recycling globally, which will thereby drive the growth of the secondary battery recycling market by the lead-acid battery type during the forecast period.

Market Regional Analysis

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APAC is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

APAC dominates the market due to the presence of several large battery manufacturers and manufacturing units of battery-powered equipment and automobiles in the region. The region has the highest population in the world and is the highest secondary battery consumer as well. The increased consumption is attributed to the rising disposable income and improving living standards of the region.

In addition, India and Australia are also taking various approaches to curb the environmental impacts of the batteries that are unrecycled. India is planning to formulate a consortium-led solution for addressing the battery recycling issues and to create an end-to-end solution for reusing the recovered materials from recycling batteries. On the other hand, Australia is trying to place a stewardship program in the country for the effective recycling of batteries. These factors drive the market growth in APAC during the forecast period.

In 2020, the outbreak of COVID-19 negatively impacted the secondary battery recycling market in APAC.  However, in 2021, vaccination campaigns conducted by governments across the region played a pivotal role in stabilizing economies and restoring business operations. The high demand for secondary battery recycling will be driven by sustainability concerns, resource conservation, regulatory compliance, and economic incentives. Such factors are expected to drive the growth of the regional secondary battery recycling market during the forecast period.

Secondary Battery Recycling Market Dynamic

Major Secondary Battery Recycling Market Driver

Self-sustainability of battery raw materials is notably driving the market growth. The supply of critical raw materials for manufacturing batteries in any country could be ensured in three ways, which include sourcing from other countries, developing domestic sourcing, or promoting the recycling of used batteries. The reserves for raw materials required for manufacturing secondary batteries, such as natural graphite, manganese, and nickel, are highly concentrated in a few countries. The high production rates of these countries provide them control over the global market, making other countries heavily dependent on these countries for the supply of raw materials. Consequently, to decrease the dependency on other countries, promoting the recycling of used secondary batteries remains the best option for countries with high battery consumption.

As a result, numerous countries, especially in Europe, are meeting a large number of their secondary metal demands through recycling the used batteries. It has been achieved by setting multiple regulations and policies by the member nations of the EU. Therefore, to attain self-sustainability, the recycling of used batteries remains necessary. Such factors are expected to drive market growth during the forecast period. 

Key Market Trends 

Rising electric vehicle adoption is an emerging trend shaping the market growth. The sales of EVs are increasing because of growing environmental concerns and the shift toward a sustainable ecosystem in the automotive industry. Various countries have set policies to reduce pollution levels and vehicle emissions. To reduce emissions and the carbon footprint, the automotive sector is shifting focus toward electrified cars. EVs are powered by batteries and are considered a green solution that will make a major contribution to the decarbonization of the transport sector. EVs mainly use lithium-ion batteries due to their superior performance over other battery chemistries, such as lead acid. 

Further, the need for recycling lithium-ion batteries will also rise due to their growing demand and limited metal production. Therefore, the increasing adoption of EVs will provide high growth opportunities for the global secondary battery recycling market during the forecast period. 

Major Secondary Battery Recycling Market Challenge

Low awareness regarding battery recycling is a significant challenge hindering the market growth. Battery recycling is a niche business; however, it is gaining immense potential. Lead-acid batteries are mostly recycled as the recycling technology has matured and provides a high yield. Secondary batteries used in products like consumer electronics and other non-industrial and automotive applications end up in landfills and garbage. This is because of the low awareness regarding recycling among the end-users. The lack of knowledge among the small-scale end-users affects the market significantly. To address this issue, governments and battery manufacturers are taking initiatives to educate consumers about the advantages associated with recycling batteries.

For instance, Call2Recycle launched the Avoid the Spark initiative in California, US, in May 2018. The campaign was aimed at raising awareness of the need for recycling secondary batteries after the batteries reach their end-of-life. Such initiatives are required to raise end-user participation in the battery recycling value chain and will contribute to the growth of the market in the future. However, low awareness remains a major challenge, especially in developing countries, thus limiting the growth of the secondary battery recycling market during the forecast period.

Secondary Battery Recycling Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Secondary Battery Recycling Market Customer Landscape

Major Secondary Battery Recycling Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Accurec Recycling GmbH -  The company offers secondary battery recycling solutions for nickel-cadmium batteries, alkaline batteries and mixed batteries and accumulators.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • ACE Green Recycling Inc.
  • American Battery Technology Co.
  • Aqua Metals Inc.
  • Attero Recycling Pvt. Lyd.
  • Battery Solutions LLC
  • Call2Recycle Inc.
  • Duesenfeld GmbH
  • East Penn Manufacturing Co. Inc.
  • Ecobat LLC
  • EnerSys
  • Exide Industries Ltd.
  • Fortum Oyj
  • Gravita India Ltd.
  • Li Cycle Holdings Corp.
  • Lohum Cleantech Pvt. Ltd.
  • RecycLiCo Battery Materials Inc
  • Umicore SA
  • Ziptrax
  • LG Energy Solution Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Research Overview:

Battery recycling is a critical efforts for the growth of EV sales, electronic gadgets, and industrial applications. Old disposal methods like landfill and incineration lead to heavy metals and toxic chemicals leaching into the environment, posing risks to both the environment and workers. Lead-acid automotive batteries, button cells, rechargeable batteries, and even lithium-ion batteries contain hazardous compounds such as elemental lead, mercury, lithium, cobalt, and nickel.

Manufacturing companies are leading the charge in sustainable battery recycling. They employ advanced hydrometallurgical and pyrometallurgical methods to salvage valuable metals like cobalt and lithium from spent batteries. These methods are not only environmentally friendly but also economically viable, reducing the carbon footprint associated with battery production and disposal. Companies are innovating process lines and pilot plants to enhance the efficiency and safety of battery recycling.

Government bodies are actively promoting battery recycling through regulations and incentives. which is the need for sustainable and environmentally friendly transportation alternatives grows, so does the importance of battery recycling in the renewable energy sector powered by solar and wind energy. This concerted effort in R&D aims to address the high cost and safety concerns of battery recycling while promoting energy efficiency and pollution control

Segment Overview

The secondary battery recycling market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Battery Type Outlook (USD Million, 2018-2028)
    • Lead-acid
    • Lithium-ion
    • Others 
  •  End-user Outlook (USD Million,2018-2028)
    • Automotive
    • Consumer electronics
    • Others 
  • Region Outlook (USD Million, 2018-2028)
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Brazil 
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Secondary Battery Recycling Market Scope

Report Coverage

Details

Page number

165

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 19%

Market growth 2024-2028

USD 22055.41 million

Market structure

Fragmented

YoY growth 2023-2024(%)

18.23

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 44%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Accurec Recycling GmbH, ACE Green Recycling Inc., American Battery Technology Co., Aqua Metals Inc., Attero Recycling Pvt. Lyd., Battery Solutions LLC, Call2Recycle Inc., Duesenfeld GmbH, East Penn Manufacturing Co. Inc., Ecobat LLC, EnerSys, Exide Industries Ltd., Fortum Oyj, Gravita India Ltd., Li Cycle Holdings Corp., Lohum Cleantech Pvt. Ltd., RecycLiCo Battery Materials Inc, Umicore SA, Ziptrax, and LG Energy Solution Ltd.

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

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in the Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Figure 01: Executive Summary – Chart on Market Overview
    • Figure 02: Executive Summary – Data Table on Market Overview
    • Figure 03: Executive Summary – Chart on Global Market Characteristics
    • Figure 04: Executive Summary – Chart on Market by Geography
    • Figure 05: Executive Summary – Chart on Market Segmentation by Battery Type
    • Figure 06: Executive Summary – Chart on Market Segmentation by End-user
    • Figure 07: Executive Summary – Chart on Incremental Growth
    • Figure 08: Executive Summary – Data Table on Incremental Growth
    • Figure 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Figure 10: Parent market
    • Figure 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Figure 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Figure 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Figure 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Figure 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Figure 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Figure 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global secondary battery recycling market 2018 - 2022
      • Figure 18: Historic Market Size – Data Table on global secondary battery recycling market 2018 - 2022 ($ million)
    • 4.2 Battery Type Segment Analysis 2018 - 2022
      • Figure 19: Historic Market Size – Battery Type Segment 2018 - 2022 ($ million)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Figure 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Figure 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Figure 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Figure 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Figure 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Figure 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Figure 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Figure 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Figure 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Figure 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Battery Type

    • 6.1 Market segments
      • Figure 30: Chart on Battery Type - Market share 2023-2028 (%)
      • Figure 31: Data Table on Battery Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Battery Type
      • Figure 32: Chart on Comparison by Battery Type
      • Figure 33: Data Table on Comparison by Battery Type
    • 6.3 Lead-acid - Market size and forecast 2023-2028
      • Figure 34: Chart on Lead-acid - Market size and forecast 2023-2028 ($ million)
      • Figure 35: Data Table on Lead-acid - Market size and forecast 2023-2028 ($ million)
      • Figure 36: Chart on Lead-acid - Year-over-year growth 2023-2028 (%)
      • Figure 37: Data Table on Lead-acid - Year-over-year growth 2023-2028 (%)
    • 6.4 Lithium-ion - Market size and forecast 2023-2028
      • Figure 38: Chart on Lithium-ion - Market size and forecast 2023-2028 ($ million)
      • Figure 39: Data Table on Lithium-ion - Market size and forecast 2023-2028 ($ million)
      • Figure 40: Chart on Lithium-ion - Year-over-year growth 2023-2028 (%)
      • Figure 41: Data Table on Lithium-ion - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Figure 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Figure 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Figure 44: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Figure 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Battery Type
      • Figure 46: Market opportunity by Battery Type ($ million)
      • Figure 47: Data Table on Market opportunity by Battery Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Figure 48: Chart on End-user - Market share 2023-2028 (%)
      • Figure 49: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Figure 50: Chart on Comparison by End-user
      • Figure 51: Data Table on Comparison by End-user
    • 7.3 Automotive - Market size and forecast 2023-2028
      • Figure 52: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Figure 53: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Figure 54: Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Figure 55: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • 7.4 Consumer electronics - Market size and forecast 2023-2028
      • Figure 56: Chart on Consumer electronics - Market size and forecast 2023-2028 ($ million)
      • Figure 57: Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
      • Figure 58: Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
      • Figure 59: Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Figure 60: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Figure 61: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Figure 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Figure 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by End-user
      • Figure 64: Market opportunity by End-user ($ million)
      • Figure 65: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Figure 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Figure 67: Chart on Market share by geography 2023-2028 (%)
      • Figure 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Figure 69: Chart on Geographic comparison
      • Figure 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Figure 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Figure 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Figure 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Figure 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Figure 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Figure 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Figure 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Figure 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Figure 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Figure 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Figure 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Figure 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Figure 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Figure 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Figure 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Figure 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Figure 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Figure 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Figure 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Figure 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Figure 91: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Figure 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Figure 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Figure 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Figure 95: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Figure 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Figure 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Figure 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Figure 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Figure 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Figure 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Figure 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Figure 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Figure 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Figure 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Figure 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Figure 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Figure 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Figure 109: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Figure 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Figure 111: Market opportunity by geography ($ million)
      • Figure 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Figure 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Figure 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Figure 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Figure 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Figure 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Figure 118: Matrix on vendor position and classification
            • 12.3 Accurec Recycling GmbH
              • Figure 119: Accurec Recycling GmbH - Overview
              • Figure 120: Accurec Recycling GmbH - Product / Service
              • Figure 121: Accurec Recycling GmbH - Key offerings
            • 12.4 American Battery Technology Co.
              • Figure 122: American Battery Technology Co. - Overview
              • Figure 123: American Battery Technology Co. - Product / Service
              • Figure 124: American Battery Technology Co. - Key offerings
            • 12.5 Aqua Metals Inc.
              • Figure 125: Aqua Metals Inc. - Overview
              • Figure 126: Aqua Metals Inc. - Product / Service
              • Figure 127: Aqua Metals Inc. - Key offerings
            • 12.6 Battery Solutions LLC
              • Figure 128: Battery Solutions LLC - Overview
              • Figure 129: Battery Solutions LLC - Product / Service
              • Figure 130: Battery Solutions LLC - Key offerings
            • 12.7 Call2Recycle Inc.
              • Figure 131: Call2Recycle Inc. - Overview
              • Figure 132: Call2Recycle Inc. - Product / Service
              • Figure 133: Call2Recycle Inc. - Key offerings
            • 12.8 East Penn Manufacturing Co. Inc.
              • Figure 134: East Penn Manufacturing Co. Inc. - Overview
              • Figure 135: East Penn Manufacturing Co. Inc. - Product / Service
              • Figure 136: East Penn Manufacturing Co. Inc. - Key news
              • Figure 137: East Penn Manufacturing Co. Inc. - Key offerings
            • 12.9 Ecobat LLC
              • Figure 138: Ecobat LLC - Overview
              • Figure 139: Ecobat LLC - Product / Service
              • Figure 140: Ecobat LLC - Key offerings
            • 12.10 EnerSys
              • Figure 141: EnerSys - Overview
              • Figure 142: EnerSys - Business segments
              • Figure 143: EnerSys - Key offerings
              • Figure 144: EnerSys - Segment focus
            • 12.11 Exide Industries Ltd.
              • Figure 145: Exide Industries Ltd. - Overview
              • Figure 146: Exide Industries Ltd. - Product / Service
              • Figure 147: Exide Industries Ltd. - Key offerings
            • 12.12 Fortum Oyj
              • Figure 148: Fortum Oyj - Overview
              • Figure 149: Fortum Oyj - Business segments
              • Figure 150: Fortum Oyj - Key offerings
              • Figure 151: Fortum Oyj - Segment focus
            • 12.13 Gravita India Ltd.
              • Figure 152: Gravita India Ltd. - Overview
              • Figure 153: Gravita India Ltd. - Business segments
              • Figure 154: Gravita India Ltd. - Key offerings
              • Figure 155: Gravita India Ltd. - Segment focus
            • 12.14 LG Energy Solution Ltd.
              • Figure 156: LG Energy Solution Ltd. - Overview
              • Figure 157: LG Energy Solution Ltd. - Product / Service
              • Figure 158: LG Energy Solution Ltd. - Key offerings
            • 12.15 Li Cycle Holdings Corp.
              • Figure 159: Li Cycle Holdings Corp. - Overview
              • Figure 160: Li Cycle Holdings Corp. - Product / Service
              • Figure 161: Li Cycle Holdings Corp. - Key offerings
            • 12.16 RecycLiCo Battery Materials Inc
              • Figure 162: RecycLiCo Battery Materials Inc - Overview
              • Figure 163: RecycLiCo Battery Materials Inc - Product / Service
              • Figure 164: RecycLiCo Battery Materials Inc - Key offerings
            • 12.17 Umicore SA
              • Figure 165: Umicore SA - Overview
              • Figure 166: Umicore SA - Business segments
              • Figure 167: Umicore SA - Key news
              • Figure 168: Umicore SA - Key offerings
              • Figure 169: Umicore SA - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Figure 170: Inclusions checklist
                • Figure 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Figure 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Figure 173: Research methodology
                • Figure 174: Validation techniques employed for market sizing
                • Figure 175: Information sources
              • 13.5 List of abbreviations
                • Figure 176: 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.

              INFORMATION 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

              DATA 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

              REPORT 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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              Key Questions Answered

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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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