Battery Recycling Market worth 11.83 Billion USD by 2022


Posted July 12, 2018 by upasna

Battery Recycling Market by Chemistry (Lead Acid, Lithium-Based, Nickel-Based), Source (Automotive, Industrial, Consumer & Electronic Appliance), End Use, Material, and Region - Global Forecast to 2022

 
The global Battery recycling market was valued at USD 8.10 Billion in 2016 and is projected to reach USD 11.83 Billion by 2022, at a CAGR of 6.5% from 2017 to 2022. The market is expected to witness growth in the coming years, owing to the large number of batteries in-use and stringent environmental regulations by the local and national governments in the battery recycling market.

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The global battery recycling market has a diversified ecosystem of upstream players, including spent battery suppliers and collectors, along with downstream stakeholders, vendors, and government organizations. Companies operating in the global battery recycling market include Call2Recycle, Inc. (U.S.), Battery Solutions, LLC (U.S.), Gravita India Ltd. (India), Johnson Controls Inc. (U.S.), and Exide Technologies Inc. (U.S.), among others.

The objectives of this study are:
• To define, describe, and forecast the battery recycling market based on battery chemistry, battery source, end use, material, and region
• To provide detailed information regarding the key factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
• To strategically analyze micromarkets with respect to growth trends, prospects, and contribution to the total market
• To analyze the opportunities in the market for stakeholders and draw a competitive landscape of the market
• To forecast the market size in terms of value with respect to main regions (along with countries), namely, Asia-Pacific, North America, Europe, Middle East & Africa, and South & Central America
• To strategically profile key players and comprehensively evaluate their current market share
• To analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & development (R&D) activities in the market

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Scope of the Report: This research report categorizes the global battery recycling market based on chemistry, source, end use, material, and region and forecasts revenues and analyzes trends in each of the submarkets.

Based on Chemistry:
Lead Acid Battery, Lithium-Based Battery, Nickel-Based Battery, Other Batteries1
Note: Other Batteries1 include nickel metal hydride, alkaline, lithium, mercury, zinc-carbon, and zinc-air batteries.
Based on Source:
Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries
Based on End Use:
Extraction of Material, Reuse, Repackaging and Second Life, Disposal
Based on Material:
Iron, Manganese, Nickel, Lithium, Lead, Cobalt, Aluminum, Plastic

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Research Methodology:

The research methodology used to estimate and forecast the battery recycling market begins with capturing data on key vendor revenues through secondary sources, such as Battery Industrial Council, European Battery Recycling Association, and Sustainability Victoria. Secondary research was mainly conducted to obtain key information about the industry’s supply chain, market’s monetary chain, total pool of players, and market classification & segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market and technology-oriented perspectives.

The primary sources are mainly experts from core and related industries and preferred suppliers, manufacturers, distributors, service providers, technology developers, alliances, and organizations related to all segments of this industry’s value chain. In-depth interviews with various primary respondents that include key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants were conducted to obtain and verify critical qualitative and quantitative information as well as to assess prospects of the market.

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Issued By upasna
Website https://www.marketsandmarkets.com/Market-Reports/battery-recycling-market-147696175.html
Country India
Categories Industry , Marketing , Reports
Tags battery recycling , battery recycling industry , battery recycling market , battery recycling report , battery recycling types
Last Updated July 12, 2018