Global Battery Recycling Strategic Business Report 2023: Rise in Demand for Batteries for EVs Drives the Need for Advanced Battery Recycling Solutions

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Global Market for Battery Recycling

Global Market for Battery Recycling

Dublin, Feb. 02, 2023 (GLOBE NEWSWIRE) -- The "Battery Recycling - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Battery Recycling estimated at US$17.7 Billion in the year 2022, is projected to reach a revised size of US$23.4 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.

Lead Acid, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$12.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Lithium-Based segment is readjusted to a revised 4.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 6.2% CAGR

The Battery Recycling market in the U.S. is estimated at US$4.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.1 Billion by the year 2030.

Select Competitors (Total 38 Featured) -

• Accurec Recycling GmbH

• Aqua Metals, Inc.

• Battery Solutions, LLC (BSL)

• Call2Recycle, Inc.

• COM2 Recycling Solutions

• East Penn Manufacturing Co., Inc.

• EnerSys

• Exide Technologies

• G&P Batteries

• Gopher Resource

• Gravita India Limited

• Guangdong Brunp Recycling Technology Co., Ltd.

• Johnson Controls, Inc.

• Kinbursky Brothers, Inc.

• Metalex Products Limited

• Raw Materials Company

• Recupyl SAS

• Retriev Technologies Inc.

• Rsr Corporation

• Teck Resources Limited

• Terrapure Environmental

• The Doe Run Company

• Tonolli Canada

• Umicore NV/SA

• Vinton Batteries

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Report Attribute	Details
No. of Pages	242
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$17.7 Billion
Forecasted Market Value (USD) by 2030	$23.4 Billion
Compound Annual Growth Rate	3.6%
Regions Covered	Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Introduction

• Battery Storage Investments (in US$ Billion): 2017-2050

• Battery Recycling - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Manufacturers Focus on Innovative Recycling Technologies

• Battery Innovations and Recycling Challenges

• Companies Team up for Effective Recycling Battery Programs

• Rise in Demand for Batteries for EVs Drives the Need for Advanced Battery Recycling Solutions

• Global Battery Capacity Volumes by Sector (in GWh): 2018-2025

• Global Battery Capacity Volumes by Sector (in GWh): 2018-2025

• Global Electric Vehicle Production Forecasts by Type: 2015-2030

• Share of Electric Vehicle of Total Passenger Vehicle Market: 2015-2030

• Global Cumulative Capacity of Used EV Batteries (in GWh/Year): 2019-2025

• Environmental Concerns Drive EV Manufacturers Take up Initiatives for Battery Recycling

• Regulations for Auto Makers to Devise End-Of-Life Strategies to Catalyze Growth

• Rise in Wearable Technologies Pose a Challenge for Battery Recycling

• Global Wearable Device Revenues (in US$ Billion): 2016-2022

• Proliferating Sales of Portable Electronics Pushes Demand for Battery Recycling

• Penetration of Mobile Phones in Major Geographic Markets

• Global Smartphone Adoption as % of Total Mobile Connections: 2017 & 2025

• Global Mobile Phone Sales (in Million Units): 2009-2020

• Global Number of Mobile Phone Users: 2018-2025

• Car Battery Recycling: An Overview

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/a4ly2p-recycling?w=12

Attachment

• Global Market for Battery Recycling

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