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Battery Recycling Market, by Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Chemistry (Lead Acid, Lithium-based, Nickel-based), Material (Metals, Electrolyte, Plastics) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
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Battery Recycling Market Trends, Size, Share, Demands, Overview, Growth, Revenue and Forecast to 2030 sales@delvens.comwww.delvens.com
Sternal Closure Systems Market – Trends Forecast Till 2030 Battery Recycling Market, by Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Chemistry (Lead Acid, Lithium-based, Nickel-based), Material (Metals, Electrolyte, Plastics) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report: https://www.delvens.com/get-free-sample/automotive-smart-antenna-market sales@delvens.com www.delvens.com
Market Overview The realm of battery recycling involves the collection, processing, and extraction of valuable materials from used batteries, while also aiming to minimize the environmental impact. This encompasses a variety of battery types, ranging from those utilized in automobiles (such as electric vehicles), to portable electronics (such as smartphones and laptops), to energy storage systems (such as those implemented in renewable energy installations). The primary goal of the worldwide battery recycling market is to decrease the disposal of batteries within landfills or incineration facilities, as improper disposal can result in environmental pollution and health hazards due to the presence of toxic chemicals and heavy metals. Instead, the emphasis is placed on recovering valuable elements like lithium, cobalt, nickel, lead, and other metals through smelting, hydrometallurgical techniques, and mechanical separation. Purchase this Report: https://www.delvens.com/checkout/battery-recycling-market sales@delvens.com www.delvens.com
Market Overview the sector is anticipated to experience rapid expansion over the forecast period due to the surging prevalence of Electric Vehicles (EVs) and sustainable energy storage systems, resulting in an augmentation of the demand for batteries and subsequently fueling the imperative of recycling. Governments across the globe are effectuating policies to stimulate battery recycling and minimize the ecological ramifications, thereby augmenting the progress of the industry. The COVID-19 pandemic prompted the imposition of lockdowns which led to the temporary prohibition of import and export as well as manufacturing and processing activities across multiple industries. Consequently, this resulted in diminished demand for batteries from both automotive and non-automotive end users, causing a decline in market growth during the second, third, and fourth quarters of 2020. Nonetheless, the battery recycling market is projected to recover by the second quarter of 2021. This is due to the commencement of COVID-19 vaccination programs in various economies worldwide, which is expected to enhance the global economy. sales@delvens.com www.delvens.com
Key Findings The Battery Recycling marketis segmented into By recycling processes, application, material, source, chemistry, and region: The source segment is further fragmented into Automotive Batteries, Industrial Batteries, Consumer & electric appliance Batteries. The automotive batteries segment is expected to account for a larger market size during the forecast period. The chemistry segment is further bifurcated into Lead Acid Batteries, Lithium-based Batteries, Nickel-based Batteries and Others. The lead acid batteries is the largest market during the forecast period. Lead-acid batteries are classified as perilous refuse due to the presence of lead and sulfuric acid. sales@delvens.com www.delvens.com
Key Findings The application segment is further bifurcated into Transportation, Consumer Electronics, Industrial and Others. Transportation to account for a larger market size during the forecast period. The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/battery-recycling-market sales@delvens.com www.delvens.com
Competitive Landscape • Gem Co., Ltd. • Glencore • Gopher Resource • Gravita India Ltd. • Li-Cycle Corp. • Neometals Ltd. • Raw Materials Company • Recyclico Battery Materials Inc. • Umicore • Accurec Recycling Gmbh • American Battery Technology Company • Aqua Metals, Inc. • Call2Recycle, Inc. • Cirba Solutions • Contemporary Amperex Technology Co., Limited • East Penn Manufacturing Company • Ecobat • Element Resources • Enersys • Exide Industries Ltd. • Fortum sales@delvens.com www.delvens.com
Recent Developments In April 2023,Cirba Solutions signed a Memorandum of Understanding (MoU) with Honda to collect, process, and return recycled battery materials to be used as raw material for Honda’s battery supply chain for application in future EV batteries. In February 2023, Contemporary Amperex Technology Co., Limited, Mercedes-Benz, and GEM Co., Ltd. signed a memorandum of understanding for the recycling of cobalt, nickel, manganese, and lithium metals from spent EV batteries of Mercedes-Benz and remanufacture them into battery cathode materials. sales@delvens.com www.delvens.com
Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-3290-6466 +1 214-377-1144 sales@delvens.com sales@delvens.com www.delvens.com