Battery Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global battery recycling market is currently witnessing strong growth. Battery recycling refers to the process of recycling and reusing batteries to minimize the material waste generated from the industries. Batteries contain toxic chemicals and heavy metals that can contaminate water and soil upon inappropriate dumping. Some of the most commonly recycled battery types include lead-acid, nickel-cadmium (Ni-Cd), nickel-metal hydride (Ni-MH), lithium-ion (Li-ion) and nickel-zinc (Ni-Zn). The recycling process involves collecting, crushing, sorting and sieving metals from plastic, followed by hydro-metallurgical and pyro-metallurgical processes to neutralize and reuse the acid to manufacture new batteries.

A significant increase in the demand for hybrid and electric vehicles (EVs) across the globe is one of the key factors driving the growth of the market. This has significantly enhanced the demand for various compounds, such as cobalt and lithium, which are used in the ignition system of automobiles. In line with this, limited availability of the raw materials to produce lithium-ion batteries has further encouraged the recycling of discarded batteries obtained from various industries. Furthermore, the implementation of stringent government regulations to minimize environmental hazards associated with the disposal of batteries is also providing a boost to the market. In addition to this, increasing utilization of recycled batteries in the manufacturing of various consumer electronics is acting as another major growth-inducing factor. Recycled batteries are commonly used to produce smartphones, power tools, laptops, gaming consoles and remote-control units. Other factors, including rapid industrialization and rising concerns over environment conservation among the masses, are projected to drive the market further. Looking forward, IMARC Group expects the market to register a CAGR of around 6% during 2020-2025.

Breakup by Type:

• Lead-acid Batteries
• Nickel-based Batteries
• Lithium-based Batteries
• Others

Breakup by Source:

• Industrial
• Automotive
• Consumer Products
• Electronic Appliances
• Others

Breakup by End-Use:

• Reuse
• Repackaging
• Extraction
• Others

Breakup by Material:

• Manganese
• Iron
• Lithium
• Nickel
• Cobalt
• Lead
• Aluminium
• Others

Breakup by Region:

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Competitive Landscape:

• The competitive landscape of the industry has also been examined with some of the key players being Accurec Recycling GmbH, Aqua Metals, Battery Solutions, Call2recycle Inc., Eco-Bat Technologies, Enersys, Exide Technologies, G. & P. Batteries Limited, Gravita India Limited, Johnson Controls, Retriev Technologies Inc., Umicore, etc.

Key Questions Answered in This Report:

• How has the global battery recycling market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the source?
• What is the breakup of the market based on the end-use?
• What is the breakup of the market based on the material?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global battery recycling market and who are the key players?
• What is the degree of competition in the industry?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Battery Recycling Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Market Forecast

6 Market Breakup by Type

• 6.1 Lead-acid Batteries
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Nickel-based Batteries
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Lithium-based Batteries
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Source

• 7.1 Industrial
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Automotive
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Consumer Products
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Electronic Appliances
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Others
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast

8 Market Breakup by End-Use

• 8.1 Reuse
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Repackaging
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Extraction
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Others
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast

9 Market Breakup by Material

• 9.1 Manganese
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Iron
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Lithium
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Nickel
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Cobalt
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Lead
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast
• 9.7 Aluminium
  • 9.7.1 Market Trends
  • 9.7.2 Market Forecast
• 9.8 Others
  • 9.8.1 Market Trends
  • 9.8.2 Market Forecast

10 Market Breakup by Region

• 10.1 North America
  • 10.1.1 United States
    • 10.1.1.1 Market Trends
    • 10.1.1.2 Market Forecast
  • 10.1.2 Canada
    • 10.1.2.1 Market Trends
    • 10.1.2.2 Market Forecast
• 10.2 Asia Pacific
  • 10.2.1 China
    • 10.2.1.1 Market Trends
    • 10.2.1.2 Market Forecast
  • 10.2.2 Japan
    • 10.2.2.1 Market Trends
    • 10.2.2.2 Market Forecast
  • 10.2.3 India
    • 10.2.3.1 Market Trends
    • 10.2.3.2 Market Forecast
  • 10.2.4 South Korea
    • 10.2.4.1 Market Trends
    • 10.2.4.2 Market Forecast
  • 10.2.5 Australia
    • 10.2.5.1 Market Trends
    • 10.2.5.2 Market Forecast
  • 10.2.6 Indonesia
    • 10.2.6.1 Market Trends
    • 10.2.6.2 Market Forecast
  • 10.2.7 Others
    • 10.2.7.1 Market Trends
    • 10.2.7.2 Market Forecast
• 10.3 Europe
  • 10.3.1 Germany
    • 10.3.1.1 Market Trends
    • 10.3.1.2 Market Forecast
  • 10.3.2 France
    • 10.3.2.1 Market Trends
    • 10.3.2.2 Market Forecast
  • 10.3.3 United Kingdom
    • 10.3.3.1 Market Trends
    • 10.3.3.2 Market Forecast
  • 10.3.4 Italy
    • 10.3.4.1 Market Trends
    • 10.3.4.2 Market Forecast
  • 10.3.5 Spain
    • 10.3.5.1 Market Trends
    • 10.3.5.2 Market Forecast
  • 10.3.6 Russia
    • 10.3.6.1 Market Trends
    • 10.3.6.2 Market Forecast
  • 10.3.7 Others
    • 10.3.7.1 Market Trends
    • 10.3.7.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Brazil
    • 10.4.1.1 Market Trends
    • 10.4.1.2 Market Forecast
  • 10.4.2 Mexico
    • 10.4.2.1 Market Trends
    • 10.4.2.2 Market Forecast
  • 10.4.3 Others
    • 10.4.3.1 Market Trends
    • 10.4.3.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Market Trends
  • 10.5.2 Market Breakup by Country
  • 10.5.3 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Indicators

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 Accurec Recycling GmbH
    • 15.3.1.1 Company Overview
    • 15.3.1.2 Product Portfolio
    • 15.3.1.3 Financials
  • 15.3.2 Aqua Metals
    • 15.3.2.1 Company Overview
    • 15.3.2.2 Product Portfolio
  • 15.3.3 Battery Solutions
    • 15.3.3.1 Company Overview
    • 15.3.3.2 Product Portfolio
  • 15.3.4 Call2Recycle Inc.
    • 15.3.4.1 Company Overview
    • 15.3.4.2 Product Portfolio
  • 15.3.5 Eco-Bat Technologies
    • 15.3.5.1 Company Overview
    • 15.3.5.2 Product Portfolio
    • 15.3.5.3 Financials
  • 15.3.6 Enersys
    • 15.3.6.1 Company Overview
    • 15.3.6.2 Product Portfolio
  • 15.3.7 Exide Technologies
    • 15.3.7.1 Company Overview
    • 15.3.7.2 Product Portfolio
    • 15.3.7.4 SWOT Analysis
  • 15.3.8 G. & P. Batteries Limited
    • 15.3.8.1 Company Overview
    • 15.3.8.2 Product Portfolio
    • 15.3.8.3 Financials
  • 15.3.9 Gravita India Limited
    • 15.3.9.1 Company Overview
    • 15.3.9.2 Product Portfolio
  • 15.3.10 Johnson Controls
    • 15.3.10.1 Company Overview
    • 15.3.10.2 Product Portfolio
    • 15.3.10.3 Financials
  • 15.3.11 Retriev Technologies Inc.
    • 15.3.11.1 Company Overview
    • 15.3.11.2 Product Portfolio
  • 15.3.12 Umicore
    • 15.3.12.1 Company Overview
    • 15.3.12.2 Product Portfolio
    • 15.3.12.3 Financials
    • 15.3.12.4 SWOT Analysis

List of Figures

• Figure 1: Global: Battery Recycling Market: Major Drivers and Challenges
• Figure 2: Global: Battery Recycling Market: Sales Value (in Billion US$), 2014-2019
• Figure 3: Global: Battery Recycling Market: Breakup by Type (in %), 2019
• Figure 4: Global: Battery Recycling Market: Breakup by Source (in %), 2019
• Figure 5: Global: Battery Recycling Market: Breakup by End-Use (in %), 2019
• Figure 6: Global: Battery Recycling Market: Breakup by Material (in %), 2019
• Figure 7: Global: Battery Recycling Market: Breakup by Region (in %), 2019
• Figure 8: Global: Battery Recycling Market Forecast: Sales Value (in Billion US$), 2020-2025
• Figure 9: Global: Battery Recycling (Lead-acid Batteries) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 10: Global: Battery Recycling (Lead-acid Batteries) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 11: Global: Battery Recycling (Nickel-based Batteries) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 12: Global: Battery Recycling (Nickel-based Batteries) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 13: Global: Battery Recycling (Lithium-based Batteries) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 14: Global: Battery Recycling (Lithium-based Batteries) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 15: Global: Battery Recycling (Others) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 16: Global: Battery Recycling (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 17: Global: Battery Recycling (Industrial) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 18: Global: Battery Recycling (Industrial) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 19: Global: Battery Recycling (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 20: Global: Battery Recycling (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 21: Global: Battery Recycling (Consumer Products) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 22: Global: Battery Recycling (Consumer Products) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 23: Global: Battery Recycling (Electronic Appliances) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 24: Global: Battery Recycling (Electronic Appliances) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 25: Global: Battery Recycling (Others) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 26: Global: Battery Recycling (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 27: Global: Battery Recycling (Reuse) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 28: Global: Battery Recycling (Reuse) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 29: Global: Battery Recycling (Repackaging) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 30: Global: Battery Recycling (Repackaging) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 31: Global: Battery Recycling (Extraction) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 32: Global: Battery Recycling (Extraction) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 33: Global: Battery Recycling (Others) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 34: Global: Battery Recycling (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 35: Global: Battery Recycling (Manganese) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 36: Global: Battery Recycling (Manganese) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 37: Global: Battery Recycling (Iron) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 38: Global: Battery Recycling (Iron) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 39: Global: Battery Recycling (Lithium) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 40: Global: Battery Recycling (Lithium) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 41: Global: Battery Recycling (Nickel) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 42: Global: Battery Recycling (Nickel) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 43: Global: Battery Recycling (Cobalt) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 44: Global: Battery Recycling (Cobalt) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 45: Global: Battery Recycling (Lead) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 46: Global: Battery Recycling (Lead) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 47: Global: Battery Recycling (Aluminium) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 48: Global: Battery Recycling (Aluminium) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 49: Global: Battery Recycling (Others) Market: Sales Value (in Million US$), 2014 & 2019
• Figure 50: Global: Battery Recycling (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 51: North America: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 52: North America: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 53: United States: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 54: United States: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 55: Canada: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 56: Canada: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 57: Asia Pacific: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 58: Asia Pacific: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 59: China: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 60: China: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 61: Japan: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 62: Japan: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 63: India: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 64: India: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 65: South Korea: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 66: South Korea: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 67: Australia: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 68: Australia: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 69: Indonesia: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 70: Indonesia: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 71: Others: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 72: Others: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 73: Europe: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 74: Europe: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 75: Germany: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 76: Germany: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 77: France: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 78: France: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 79: United Kingdom: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 80: United Kingdom: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 81: Italy: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 82: Italy: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 83: Spain: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 84: Spain: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 85: Russia: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 86: Russia: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 87: Others: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 88: Others: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 89: Latin America: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 90: Latin America: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 91: Brazil: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 92: Brazil: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 93: Mexico: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 94: Mexico: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 95: Others: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 96: Others: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 97: Middle East and Africa: Battery Recycling Market: Sales Value (in Million US$), 2014 & 2019
• Figure 98: Middle East and Africa: Battery Recycling Market Forecast: Sales Value (in Million US$), 2020-2025
• Figure 99: Global: Battery Recycling Industry: SWOT Analysis
• Figure 100: Global: Battery Recycling Industry: Value Chain Analysis
• Figure 101: Global: Battery Recycling Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Battery Recycling Market: Key Industry Highlights, 2019 and 2025
• Table 2: Global: Battery Recycling Market Forecast: Breakup by Type (in Million US$), 2020-2025
• Table 3: Global: Battery Recycling Market Forecast: Breakup by Source (in Million US$), 2020-2025
• Table 4: Global: Battery Recycling Market Forecast: Breakup by End-Use (in Million US$), 2020-2025
• Table 5: Global: Battery Recycling Market Forecast: Breakup by Material (in Million US$), 2020-2025
• Table 6: Global: Battery Recycling Market Forecast: Breakup by Region (in Million US$), 2020-2025
• Table 7: Global: Battery Recycling Market: Competitive Structure
• Table 8: Global: Battery Recycling Market: Key Players