The global Battery Recycling Market size was valued at USD 8 billion in 2018 and is expected to reach USD 18.3 billion by 2026, growing at a CAGR of 10% from 2021 to 2027. Consumer electronics and manufacturing applications are expected to fuel trade. The composition of lead and other crude materials by recycling processes is an energy-efficient way to correlate with lead production done by drilling. Power saving methods also help reduce carbon emissions. In practice, this situation is considered to improve battery recycling over the projected period. Protection issues related to warehouses and shipping of used batteries will be barriers to business germinating. The surge in hybrid vehicle and electric vehicle batteries will serve as an opportunity for market growth.
A full report of Battery Recycling Market available at https://www.orionmarketreports.com/battery-recycling-market/26713/
Major Players
The major players covered in the battery recycling marketreport are Call2Recycle, Inc., Aqua Metals, Inc., Umicore, Exide Technologies, ENERSYS, Gravita India Ltd., Johnson Controls International plc, Teck Resources Limited, Battery Solutions, LLC (BSL), Gopher Resource,ECOBAT Logistics,Terrapure Environmental, East Penn Manufacturing Company among other domestic and global players.
Battery Recycling Market: Segmentation
By Chemistry
• Lead-Based Battery
• Lithium-Based Battery
• Nickel-Based Battery
• Other Battery Types
By Source
• Automotive Batteries
• Industrial Batteries
• Consumer & Electronic Appliance Batteries
By Application
• Transportation
• Consumer Electronics
• Industrial
• Other
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
