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Battery Recycling Market Global Industry Analysis 2016 - 2023

Presently the world has reached to significant level of advancement, where human beings are dependent on electronics devices. Most of the electronic devices operate on batteries that are made up of many expensive metals and components such as cadmiu
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Presently the world has reached to significant level of advancement, where human beings are dependent
on electronics devices. Most of the electronic devices operate on batteries that are made up of many
expensive metals and components such as cadmium, cobalt, nickel, lithium and lead. High cost of raw
material and complex preparation process raises the overall production cost for some of the batteries.
Some of the batteries have numerous applications such as lithium-ion batteries are primarily used for
drilling purpose on the field. Out of these materials, lead and cobalt are the most commonly recycled
materials globally.
Complete Report Battery Recycling Market with TOC :
As billions of batteries are discarded every year that pose a threat to the environment, it is safe and
feasible to recycle these batteries. Owing to the growing concerns among the people towards the use of
harmful electric batteries, battery recycling market is expected to foresee a substantial potential in the
coming four to five years. Strict government regulations for controlling environment hazards during battery
manufacturing and disposal are some of the primary factors attributing to the overall growth of the
market. In some countries such as China, Australia and US government provide subsidies to run the
recycling units of batteries and help in establishing the market.
The recycling process is simple and nearly 70% of the battery’s weight is reusable. This process starts with
the collection of batteries from different sources and recycling them. Governments across the globe have
put forth special clauses for battery manufacturing companies to give instructions on the usage and
disposal. The next step involves sorting the batteries on the basis of their chemistry. The recycling material
generally starts with the removal of combustible material such as plastics and insulations that again are
recycled for reuse. The remaining part is chopped into pieces for heating until it melts completely and
finally is poured into the moulds for reuse. Additionally, the acid used in the lead batteries can also be
recycled and reused after processing.
Some of the driving factors include growing electronics and automotive industries which are the primary
markets raising the demand for batteries. Growth in living standards of people and technological
advancements are few other factors attributing to the market growth. Increased spending capacity will
bolster the demand of electronics devices, which apparently is anticipated to drive the demand of recycled
batteries. Owing to uncertainty in the oil product market, automotive industry have developed hybrid and
electric vehicles as car, forklifts, trucks and vans, which are equally driving battery recycling industry
growth. For the success of battery recycling industry skill workforce is the main requirement which is
expected to restrain the market growth. However, trained workshops mainly conducted for training people
is likely to overshadow the restraining factor.
Recycled battery market can be segmented on the basis of product segments as Lead-Acid automotive,
Non-automotive lead based, Nickel-Cadmium, Lithium-Ion, Nickel-metal hybrid and Primary battery. These
batteries recycling method is simple but different for each material. On the basis of chemistry these all
batteries are treated in differently before reuse.
Battery recycling market is well established in North America, especially in the U.S., which recycles a
substantial number of batteries every year. U.S. is one of the pioneers in recycling batteries collected from
oil producing sites. Europe has shown a commendable growth in the industry because of development in
automotive industry and it still has a substantial potential for battery recycling market in the coming two
to four years. Additionally, many European countries are trying to leave their footprints in other strategic
markets. China and Australia are the emerging markets in Asia Pacific region in recycling of lead in the
Some of the major players in this market include Johnson Controls Inc, The Rechargeable Battery
Corporation, Battery solution Inc, Panasonic, Rayovac, Biopower Corporation and Environmental Recycling
Technologies Plc.
This research report analyzes this market on the basis of its market segments, major
geographies, and current market trends. Geographies analyzed under this research report
North America
Asia Pacific
Middle East and Africa
Latin America
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of
It helps in making informed business decisions by having complete insights of market and by
making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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