Battery Recycling Market 2022-2028

Description

List of Tables

Global Battery Recycling Market Size, Share & Trends Analysis Report, by Type (Lead Acid Battery, Nickel-Based, Lithium-Ion Battery, Others), by Source (Automotive, Industrial, Consumer Electronics) Forecast (2022-2028)

The global battery recycling market is anticipated to grow at a substantial CAGR of 6.5% during the forecast period. Increasing recycling programs further gives a boost to the growth of the global battery recycling market. Few economies across the globe have formulated policies for promoting the recycling of electric vehicle batteries. For instance, the European Union has set a timeline for the battery manufacturers for recycling lithium-ion batteries. In addition, three provinces including Manitoba, Quebec, and British Columbia have a mandatory recycling program in Canada. The government regulations have increased the adoption of the recycling program and hence significantly driven the battery recycling market.

The global battery recycling market is segmented based on the type, and source. Based on the type, the market is segmented into lead-acid battery, nickel-based, lithium-ion battery, and others. Based on, the source the market is sub-segmented into automotive, industrial, and consumer electronics. For instance, in May 2021, Li-Cycle Corp. signed an agreement with Ultium Cells LLC, aimed at recycling up to 100% of the scrap generated by battery cell manufacturing at Ultium's Lordstown, Ohio mega-factory

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe is anticipated to hold a considerable share in the global battery recycling market due to the presence of a huge consumer base and key players in the European region. Regulations toward environmental pollution and increasing the use of electric vehicles in the region are supporting the growth of the market in the Europe region.

The major companies serving the global battery recycling market include EnerSys, Umicore N.V., Exide Technologies, Aqua Metals, Inc., Glencore PLC, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2021, EnerSys strengthened its portfolio to now include ODYSSEY PRO batteries, engineered with an advanced carbon additive for more reserve capacity (up to 10.0%) and long cycle life.

Research Methodology

The market study of the global battery recycling market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Battery Recycling Market Research and Analysis by Type.

2. Global Battery Recycling Market Research and Analysis by Source.

The Report Covers:

Comprehensive Research Methodology of the global battery recycling market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global battery recycling market.
Insights about market determinants that are stimulating the global battery recycling market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026493

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Battery Recycling Market
Recovery Scenario of Global Battery Recycling Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
3.2. Glencore PLC
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. Aqua Metals, Inc.
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. Exide Technologies
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. Umicore N.V.
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. EnerSys
- 3.6.1. Overview
- 3.6.2. Financial Analysis
- 3.6.3. SWOT Analysis
- 3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Battery Recycling Market by Type
- 4.1.1. Lead Acid Battery
- 4.1.2. Nickel-Based
- 4.1.3. Lithium Ion Battery
- 4.1.4. Others
4.2. Global Battery Recycling Market by Source
- 4.2.1. Automotive
- 4.2.2. Industrial
- 4.2.3. Consumer Electronics

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profile

6.1. American Manganese Inc.
6.2. Battery Solutions, LLC
6.3. COM2 Recycling Solutions
6.4. Clarios (Brookfield Business Partners)
6.5. East Penn Manufacturing Co.
6.6. Ecobat, LLC
6.7. Eco-Bat Technologies Ltd. (G&P Batteries)
6.8. GlobalTech Environmental
6.9. Gopher Resource
6.10. Gravita India Ltd.
6.11. Li-Cycle Corp.
6.12. Raw Materials Co. Inc.
6.13. Recupyl SAS
6.14. Retriev Technologies
6.15. Terrapure Environmental
6.16. Tes-Amm Singapore Pte Ltd