As per the study initiated by Evolve Business Intelligence, the global Battery Recycling Market size accounted for USD 13.5 Billion in 2022, growing at a CAGR of 20.5% from 2023 to 2030. The Battery Recycling Market refers to the economic sector and industry involved in the collection, processing, and recycling of used or spent batteries to recover valuable materials and reduce environmental impact.
The battery recycling market has gained increasing importance due to the proliferation of battery-powered devices and the growth of electric vehicles and renewable energy technologies. Recycling batteries not only conserves valuable resources but also helps mitigate the environmental risks associated with improper disposal, such as soil and water contamination.
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- The global Battery Recycling Market size was valued at USD 5 billion in 2022 growing at a CAGR of 20.5% from 2023 to 2030.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2030.
Evolve Business Intelligence has published a new market research report on Global Battery Recycling Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Battery Recycling Market report also includes the following data points:
- COVID19 Impact on Battery Recycling Market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Battery Recycling Market
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Some of the major Battery Recycling Market players holding high market share include Aqua Metals, Exide Technologies, Glencore and Gravita India Ltd. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Aqua Metals
- Exide Technologies
- Gravita India Ltd.
- Cirba Solutions
- Gopher Resource
- East Penn Manufacturing Co.
- American Battery Technology Company
Market Segment By Chemistry with focus on market share, consumption trend, and growth rate of Battery Recycling Market:
- Lead Acid
Market Segment By Application with focus on market share, consumption trend, and growth rate of Battery Recycling Market:
- Consumer Electronics
|Market Size (2022)||$ 13.5 Billion|
|CAGR (2023 to 2030)||20.5%|
|Market Segmentation||Chemistry, Application|
|Country Covered||US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America|
Global Battery Recycling Market Geographic Coverage:
- North America
- Nordic Countries
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence providesan understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
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