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Battery Recycling Market Pegged for Robust Expansion by 2027

Battery Recycling Market Pegged for Robust Expansion by 2027

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Battery Recycling Market Pegged for Robust Expansion by 2027

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  1. ©2019 Transparency Market Research, All Rights Reserved Battery Recycling Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insightfor thousands of decision-makers. Wehavean experienced team of Analysts, Researchers, and Consultants, who useproprietary data sources and various tools and techniques to gather and analyzeinformation. Our business offerings representthelatest and themostreliableinformationindispensableforbusinessestosustaina competitiveedge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. Thesereports providein-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reportsstriveto serveclients and satisfytheir overallresearchrequirement.

  3. ©2019 Transparency Market Research, All Rights Reserved Battery Recycling Market: Introduction The globalbattery recycling marketwas valued at US$ 3.45 Bn in2018 and is anticipated to expand at a CAGR of ~10% during the forecast period Based on battery chemistry, the lead-acid segment held a dominant share of the global battery recycling market in2018. Secondary lead obtained from recycling is of high quality and low cost. In terms of spent battery source, the automotive segment accounted for major share of the global battery recycling market in 2018. Increase in demand for automobiles, especially electric vehicles, across the globe is anticipated to boost the automotive segment during the forecast period. Based on end use, the extraction of materials segment constituted a significant share of the global battery recycling market in 2018. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. ©2019 Transparency Market Research, All Rights Reserved Key Drivers of Battery Recycling Market • Raw materials used in the manufacturing of batteries such as lead, mercury, and cadmium pose a high threat to the environment and human health. Improper disposal of these materials in landfills increases the chances of these hazardous heavy metals contaminatinggroundwaterand surface water sources. The battery manufacturing environmental hazards caused by improper disposal of these materials.Ithas taken initiatives to recycle batteries. The commercial value of raw materials used in the manufacture of batteries is high. These raw materials are also non-renewable. However, raw materials can be recycled indefinite number of times. This helps maintain a supply of these raw materials from used batteries. finding their way and • industry has identified •

  5. ©2019 Transparency Market Research, All Rights Reserved Asia Pacific Leads Battery Recycling Market • Asia Pacific dominated the global battery recycling market in2018. Dominance of Asia Pacific can be ascribed to the increase in demand for motor vehicles in the region, owing to rise in the per capita income. • Approximately10.65 millionpassenger light commercial vehicles were sold in Asia Pacific in 2018. • China accounted for leading share of the battery recycling market in Asia Pacific in 2018. This was primarily ascribed to introduction of stringent regulations for setting up recycling facilities for batteries of electric cars. ©2019 Transparency Market Research, All Rights Reserved

  6. ©2019 Transparency Market Research, All Rights Reserved Competition Landscape of Battery Recycling Market • Johnson Controls International PLC • Battery Solutions LLC • East Penn Manufacturing Company • G&P Batteries • Retriev Technologies Inc. • EnerSys, Umicore N.V. • Exide Technologies • LI-CYCLE CORP. • American Manganese Inc ©2019 Transparency Market Research, All Rights Reserved

  7. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY –12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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