The Asia-Pacific Battery Recycling market is anticipated to grow at a CAGR 8.7% during the forecast period. The factor such as stringent environmental regulations, rising automotive sector in this region, reduced labor cost associated with battery recycling are major factors boosting the Asia-Pacific battery recycling market growth. Moreover, rising exports from developing and developed countries are anticipated to be the major factor responsible for boosting the market growth. Japan has a legislation requirement for batteries similar to that of Europe. Japan Portable Rechargeable Battery Recycle Centre (JBRC), a non-profit organization, provides used battery collection boxes for recycling across the country.
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Despite of a growing community concern about the impact of waste lithium ion batteries on the environment and public health, there is currently a shortage of appropriate policies and collection systems for batteries in China. However, the importance of some raw materials, such as nickel and cobalt used in battery manufacturing has been successful in putting pressure on manufacturers and government to properly address battery recycling. Therefore, by using appropriate policies and collection systems for batteries in China, a lot of batteries can be recycled and recycling infrastructure can be developed.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Asia-Pacific Battery Recycling Market by Process
- Physical Process
- Chemical Process
- Hydrometallurgical Processes
- Combined Acid-Alkaline With Organic Solvents Process
- Bio-Metallurgical Process
- Electrochemical Process
- Pyrometallurgical Process
Asia-Pacific Battery Recycling Market by Components
- Plastic
- Electrode
- Electrolyte
Asia-Pacific Battery Recycling Market by Type
- Lead Acid Battery
- Silver Oxide Battery
- Lithium Ion Battery
- Zinc Battery
- Others
Asia-Pacific Battery Recycling Market by End-User
- Automotive
- Industrial
- Healthcare
- Consumer
Regional Analysis
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
Company Profiles
- Battery Solutions, Inc.
- BYD Auto Co., Ltd.
- Call2Recycle, Inc.
- CATL Co Ltd
- COM2 Recycling Solutions
- ENAX, Inc.
- Guangdong Brunp recycling Technology Co., Ltd
- Johnson Controls
- SK Innovation Co
- Tianjin Lishen Battery Joint-Stock Co., Ltd.
- Umicore S.A
The Report Covers
- Comprehensive research methodology of the Asia-Pacific 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 Asia-Pacific Battery Recycling market.
- Insights about market determinants which are stimulating the Asia-Pacific Battery Recycling market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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