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PUBLISHER: Grand View Research | PRODUCT CODE: 1405024

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PUBLISHER: Grand View Research | PRODUCT CODE: 1405024

Battery Recycling Market Size, Share & Trends Analysis Report By Chemistry (Lithium-Ion, Lead Acid, Nickel), By Application (Transportation, Consumer Electronics, Industrial), By Region, And Segment Forecasts, 2024 - 2030

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Battery Recycling Market Growth & Trends:

The global battery recycling market size is expected to reach USD 17.08 billion by 2030, registering a CAGR of 37.7% over the forecast period, according to a new report by Grand View Research, Inc. Technological advancements in the recycling industry are making battery recycling more efficient and cost-effective, which is another factor contributing to the growth of the market. An increase in the adoption of smartphones, electric vehicles, and other consumer electronics has led to an increase in the use of batteries. This has increased the number of end-of-life batteries, presenting new opportunities for recycling companies

The industrial segment is expected to witness substantial growth over the next few years, due to the growing demand for high-power range systems. Increasing trend of the adoption of UPS systems as an essential power-backup device is expected to favorably impact the market growth over the forecast period.

Enterprises deploy their data center facilities to meet data and network necessities. Interruption of power supply to these facilities can result in the loss of essential data, thereby decreasing the overall productivity and resulting in financial losses. The installation of UPS systems is one of the best ways to prevent unwanted losses. These factors are likely to increase the demand for UPS systems over the coming years, which, in turn, is anticipated to propel the demand for battery recycling in coming years.

Asia Pacific has been witnessing significant growth on account of the increasing number of manufacturing facilities, commercial offices, banks, MROs, and R&D centers in major countries like China, Australia, Japan, India and South Korea. The inception of new facilities and the expansion of existing battery recycling facilities owing to favorable government policies and foreign direct investments are likely to cater the growth battery recycling in the region.

Battery Recycling Market Report Highlights:

  • In 2022, the Lead acid emerged as the largest segment and accounted for a revenue share of 87.52% owing to large number of applications in automotive, industrial and hospitality sector
  • In 2022, the Transportation segment was the largest in terms of revenue and accounted for 73.62% of the market. Growing demand from the transportation sector for batteries is expected to generate large number of spent batteries, stimulating the demand for the battery recycling segment.
  • The U.S. emerged as the largest market in North America in 2022 owing to presence of large lithium-ion recycling facilities in the country. For instance, Li-cycle Corp. inaugurated its new lithium-ion recycling facility with a 120,000-square feet warehousing space. This facility can process 10,000 tons of battery material of electric vehicles annually. The company possesses the capacity to recycle 60,000 electric vehicle batteries across North America
  • The transportation segment is expected to witness significant growth over the forecast period on account of increased demand for lithium-ion batteries in electric vehicles and hybrid electric vehicles
  • The Asia Pacific accounted for the largest market revenue share in 2022, with China being the largest contributor to the regional market growth. Increasing usage of batteries for renewable energy storage is expected to fuel the demand for lead acid batteries in China. The growing use of lead acid and lithium-ion batteries coupled with the rising number of spent batteries is expected to drive the market over the forecast period.
Product Code: GVR-1-68038-624-0

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Market Segmentation & Scope
  • 1.2 Information Procurement
    • 1.2.1 Purchased Database
    • 1.2.2 Gvr's Internal Database
    • 1.2.3 Secondary Source
    • 1.2.4 Third Party Perspective
    • 1.2.5 Primary Research
  • 1.3 Information Analysis
    • 1.3.1 Data Analysis Models
  • 1.4 Market Formulation And Data Visualization
  • 1.5 Data Validation And Publishing

Chapter 2 Executive Summary

  • 2.1 Market Snapshot
  • 2.2 Segment Snapshot
  • 2.3 Competitive Landscape Snapshot

Chapter 3 Market Variables, Trends, & Scope

  • 3.1 Penetration & Growth Prospect Mapping
  • 3.2 Industry Value Chain Analysis
  • 3.3 Battery Market Trends
    • 3.3.1 Lead Acid Battery
    • 3.3.2 Lithium-Ion Battery
  • 3.4 Technology Trends
    • 3.4.1 Lead Acid Battery Recycling Process
    • 3.4.2 Lithium-Ion Battery Recycling Process
  • 3.5 Market Dynamics
    • 3.5.1 Market Driver Impact Analysis
      • 3.5.1.1 Increasing Demand For Electric Vehicles
      • 3.5.1.2 Growing Demand For Ups Systems
    • 3.5.2 Market Restraint Impact Analysis
      • 3.5.2.1 High Cost Of Recycling
    • 3.5.3 Industry Challenges
    • 3.5.4 Industry Opportunities
  • 3.6 Regulatory Framework
    • 3.6.1 European Union (Eu) Regulations
    • 3.6.2 The U.S. Regulations
    • 3.6.3 India Regulations
  • 3.7 Business Environment Analysis: Battery Recycling Market
    • 3.7.1 Industry Analysis - Porter's
    • 3.7.2 Pestel Analysis
  • 3.8 Recycling Cost Analysis
  • 3.9 List Of The Companies

Chapter 4 Battery Recycling Market: Chemistry Estimates & Trend Analysis

  • 4.1 Chemistry Movement Analysis & Market Share, 2023 & 2030
  • 4.2 Chemistry Movement Analysis & Market Share, 2023 & 2030
  • 4.3 Battery Recycling Market Estimates & Forecast, By Chemistry (USD Million)
    • 4.3.1 Lithium-Ion
    • 4.3.2 Lead Acid
    • 4.3.3 Nickel
    • 4.3.4 Others

Chapter 5 Battery Recycling Market: Application Estimates & Trend Analysis

  • 5.1 Application Movement Analysis & Market Share, 2023 & 2030
  • 5.2 Application Movement Analysis & Market Share, 2023 & 2030
  • 5.3 Battery Recycling Market Estimates & Forecast, By Application (USD Million)
    • 5.3.1 Transportation
    • 5.3.2 Consumer Electronics
    • 5.3.3 Industrial

Chapter 6 Battery Recycling Market: Regional Estimates & Trend Analysis

  • 6.1 Battery Recycling Market: Regional Outlook
  • 6.2 North America
    • 6.2.1 North America Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
    • 6.2.2 U.S.
      • 6.2.2.1 Key Country Dynamics
      • 6.2.2.3 U.S. Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.2.3 Canada
      • 6.2.3.1 Key Country Dynamics
      • 6.2.3.2 Canada Battery Restimates Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.2.4 Mexico
      • 6.2.4.1 Key Country Dynamics
      • 6.2.4.2 Mexico Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • 6.3 Europe
    • 6.3.1 Europe Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.3.2 Germany
      • 6.3.2.1 Key Country Dynamics
      • 6.3.2.2 Germany Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
    • 6.3.3 Uk
      • 6.3.3.1 Key Country Dynamics
      • 6.3.3.2 Uk Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
    • 6.3.4 France
      • 6.3.4.1 Key Country Dynamics
      • 6.3.4.2 France Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
    • 6.3.5 Italy
      • 6.3.5.1 Key Country Dynamics
      • 6.3.5.2 Italy Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
    • 6.3.6 Spain
      • 6.3.6.1 Key Country Dynamics
      • 6.3.6.2 Spain Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
    • 6.3.7 Netherlands
      • 6.3.7.1 Key Country Dynamics
      • 6.3.7.2 Netherlands Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
    • 6.3.8 Poland
      • 6.3.8.1 Key Country Dynamics
      • 6.3.8.2 Poland Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • 6.4 Asia Pacific
    • 6.4.1 Asia Pacific Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.2 China
      • 6.4.2.1 Key Country Dynamics
      • 6.4.2.2 China Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.3 Japan
      • 6.4.3.1 Key Country Dynamics
      • 6.4.3.2 Japan Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.4 South Korea
      • 6.4.4.1 Key Country Dynamics
      • 6.4.4.2 South Korea Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.5 Taiwan
      • 6.4.5.1 Key Country Dynamics
      • 6.4.5.2 Taiwan Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.6 India
      • 6.4.6.1 Key Country Dynamics
      • 6.4.6.2 India Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.7 Indonesia
      • 6.4.7.1 Key Country Dynamics
      • 6.4.7.2 Indonesia Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.8 Malaysia
      • 6.4.8.1 Key Country Dynamics
      • 6.4.8.2 Malaysia Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.9 Thailand
      • 6.4.9.1 Key Country Dynamics
      • 6.4.9.2 Thailand Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.10 Vietnam
      • 6.4.10.1 Key Country Dynamics
      • 6.4.10.2 Vietnam Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.4.11 Australia
      • 6.4.11.1 Key Country Dynamics
      • 6.4.11.2 Australia Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • 6.5 Central & South America
    • 6.5.1 Central & South America Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.5.2 Brazil
      • 6.5.2.1 Key Country Dynamics
      • 6.5.2.2 Brazil Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.5.3 Argentina
      • 6.5.3.1 Key Country Dynamics
      • 6.5.3.2 Argentina Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.5.4 Chile
      • 6.5.4.1 Key Country Dynamics
      • 6.5.4.2 Chile Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • 6.6 Middle East & Africa
    • 6.6.1 Middle East & Africa Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.6.2 U.A.E.
      • 6.6.2.1 Key Country Dynamics
      • 6.6.2.2 U.A.E. Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.6.3 Saudi Arabia
      • 6.6.3.1 Key Country Dynamics
      • 6.6.3.2 Saudi Arabia Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
    • 6.6.4 South Africa
      • 6.6.4.1 Key Country Dynamics
      • 6.6.4.2 South Africa Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)

Chapter 7 Battery Recycling Market: Competitive Landscape

  • 7.1 Recent Developments & Impact Analysis, By Key Market Participant
  • 7.2 Company Categorization
  • 7.3 Participant's Overview
    • 7.3.1 Call2Recycle
    • 7.3.2 Exide Technologies
    • 7.3.3 Gravita India Ltd.
    • 7.3.4 Glencore
    • 7.3.5 Cirba Solutions
    • 7.3.6 American Battery Technology Company
    • 7.3.7 Gopher Resource
    • 7.3.8 East Penn Manufacturing Co.
    • 7.3.9 Aqua Metals
  • 7.4 Financial Performance
  • 7.5 Product Benchmarking
  • 7.6 Company Market Positioning
  • 7.7 Company Market Share Analysis, 2022
  • 7.8 Company Heat Map Analysis
  • 7.9 Strategy Mapping
    • 7.9.1 Expansion
    • 7.9.2 Mergers & Acquisition
    • 7.9.3 Collaborations
    • 7.9.4 New Product Launches
    • 7.9.5 Research & Development
Product Code: GVR-1-68038-624-0

List of Tables

  • Table 1 Global Battery Recycling Market Revenue Estimates and Forecast, By Chemistry, 2018 - 2030 (USD Million)
  • Table 2 Global Battery Recycling Market Volume Estimates and Forecast, By Chemistry, 2018 - 2030 (Tons)
  • Table 3 Global Battery Recycling Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • Table 4 Global Battery Recycling Market Volume Estimates and Forecast, By Application, 2018 - 2030 (Tons)
  • Table 5 U.S. macro - economic outlay
  • Table 6 Canada macro - economic outlay
  • Table 7 Mexico macro - economic outlay
  • Table 8 Germany macro - economic outlay
  • Table 9 UK macro - economic outlay
  • Table 10 France macro - economic outlay
  • Table 11 Italy macro - economic outlay
  • Table 12 Spain macro - economic outlay
  • Table 13 Netherlands macro - economic outlay
  • Table 14 Poland macro - economic outlay
  • Table 15 China Macro - Economic Outlay
  • Table 16 Japan Macro - Economic Outlay
  • Table 17 South Korea Macro - Economic Outlay
  • Table 18 Taiwan Macro - Economic Outlay
  • Table 19 India Macro - Economic Outlay
  • Table 20 Indonesia Macro - Economic Outlay
  • Table 21 Malaysia Macro - Economic Outlay
  • Table 22 Thailand Macro - Economic Outlay
  • Table 23 Vietnam Macro - Economic Outlay
  • Table 24 Australia Macro - Economic Outlay
  • Table 25 Brazil Macro - Economic Outlay
  • Table 26 Argentina Macro - Economic Outlay
  • Table 27 Chile Macro - Economic Outlay
  • Table 28 U.A.E. Macro - Economic Outlay
  • Table 29 Saudi Arabia Macro - Economic Outlay
  • Table 30 South Africa Macro - Economic Outlay
  • Table 31 Recent Developments & Impact Analysis, by Key Market Participant
  • Table 32 Company Market Share, 2023
  • Table 33 Company Heat Map Analysis
  • Table 34 Key companies undergoing expansion
  • Table 35 Key companies involved in M&A
  • Table 36 Key companies undergoing collaborations
  • Table 37 Key companies launching new products
  • Table 38 Key companies undertaking R&D activities

List of Figures

  • Fig. 1 Battery Recycling Market Segmentation
  • Fig. 2 Information procurement
  • Fig. 3 Primary research pattern
  • Fig. 4 Primary research process
  • Fig. 5 Primary research approaches
  • Fig. 6 Market Snapshot
  • Fig. 7 Segment Snapshot
  • Fig. 8 Competitive Landscape Snapshot
  • Fig. 9 Battery Market Value, 2023 (USD Billion)
  • Fig. 10 Battery Recycling Market - Industry Value Chain Analysis
  • Fig. 11 Battery Recycling - Market Dynamics
  • Fig. 12 Global Electric Vehicle Sales, 2018-2022 (Million Units)
  • Fig. 13 Battery Recycling Market - Porter's Analysis
  • Fig. 14 Battery Recycling Market - PESTEL analysis
  • Fig. 15 Battery Recycling Market, by Chemistry: Key Takeaways
  • Fig. 16 Battery Recycling Market, by Chemistry: Market Share, 2023 & 2030
  • Fig. 17 Battery Recycling Market, by Chemistry: Market Share, 2023 & 2030
  • Fig. 18 Lithium-ion market estimates & forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 19 Lead Acid market estimates & forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 20 Nickel market estimates & forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 21 Others market estimates & forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 22 Battery Recycling Market, by Application: Key Takeaways
  • Fig. 23 Battery Recycling Market, by Application: Market Share, 2023 & 2030
  • Fig. 24 Battery Recycling Market, by Application: Market Share, 2023 & 2030
  • Fig. 25 Transportation market estimates & forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 26 Consumer Electronics market estimates & forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 27 Industrial market estimates & forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 28 Battery Recycling market revenue, by region, 2023 & 2030 (USD Million)
  • Fig. 29 Regional marketplace: Key takeaways
  • Fig. 30 Regional marketplace: Key takeaways
  • Fig. 31 North America Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 32 U.S. Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 33 Canada Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 34 Mexico Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 35 Europe Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 36 Germany Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 37 UK Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 38 France Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 39 Italy Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 40 Spain Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 41 Netherlands Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 42 Poland Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million)
  • Fig. 43 Asia Pacific Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 44 China Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 45 Japan Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 46 South Korea Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 47 Taiwan Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 48 India Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 49 Indonesia Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 50 Malaysia Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 51 Thailand Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 52 Vietnam Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 53 Australia Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 54 Central & South America Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 55 Brazil Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 56 Argentina Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 57 Chile Battery Recycling Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
  • Fig. 58 Middle East and Africa Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 59 U.A.E. Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 60 Saudi Arabia Battery Recycling Market Estimates & Forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 61 South Africa Battery Recycling market estimates & forecast, 2018 - 2030 (USD Million) (Tons)
  • Fig. 62 Strategic Framework
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