Global Battery Recycling Industry

Global Battery Recycling Industry

  • April 2021 •
  • 278 pages •
  • Report ID: 5798037 •
  • Format: PDF
Abstract:
- Global Battery Recycling Market to Reach $13.7 Billion by 2027
- Amid the COVID-19 crisis, the global market for Battery Recycling estimated at US$9.5 Billion in the year 2020, is projected to reach a revised size of US$13.7 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Lead Acid, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$8.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lithium-Based segment is readjusted to a revised 5% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 8.2% CAGR
- The Battery Recycling market in the U.S. is estimated at US$2.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
- Nickel-Based Segment to Record 4.8% CAGR
- In the global Nickel-Based segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$639.2 Million in the year 2020 will reach a projected size of US$860.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2027, while Latin America will expand at a 5.8% CAGR through the analysis period.

- Select Competitors (Total 38 Featured) -
  • Accurec Recycling GmbH
  • Aqua Metals, Inc.
  • Battery Solutions, LLC (BSL)
  • Call2Recycle, Inc.
  • COM2 Recycling Solutions
  • East Penn Manufacturing Co., Inc.
  • EnerSys
  • Exide Technologies
  • G&P Batteries
  • Gopher Resource
  • Gravita India Limited
  • Guangdong Brunp Recycling Technology Co., Ltd.
  • Johnson Controls, Inc.
  • Kinbursky Brothers, Inc.
  • Metalex Products Limited
  • Raw Materials Company
  • Recupyl SAS
  • Retriev Technologies Inc.
  • Rsr Corporation
  • Teck Resources Limited
  • Terrapure Environmental
  • The Doe Run Company
  • Tonolli Canada
  • Umicore NV/SA
  • Vinton Batteries