According to a comprehensive research report by Market Research Future (MRFR), “Battery Recycling Market Research Report, Chemistry, Application, Source and Region – Forecast till 2030” the market is projected to be worth USD 34.77 billion by 2030, registering a CAGR of 12.49% during the forecast period (2022 – 2030), The market was valued at USD 18.14 billion in 2021.
Get Free Sample PDF Brochure: https://www.marketresearchfuture.com/sample_request/10020
List of the companies profiled in the Battery Recycling Market Research Report are–
Exide Technologies (US)
Call2Recylce Inc. (US)
Battery Solutions LLC (US)
Exide Industries Ltd (India)
Contemporary Amperex Technology Co. Ltd (CATL – China)
Aqua Metals Inc. (US)
Johnson Controls International plc (US)
Gravita India Ltd (India)
Retriev Technologies Inc. (US)
Ecobat Logistics (US)
Teck Resources Limited (Canada)
Fortum Oyj (Finland)
American Manganese Inc. (Canada)
TES-AMM Singapore Pte Ltd (Singapore)
Neometals Ltd (Australia)
Simply Ask Your Queries Here: https://www.marketresearchfuture.com/enquiry/10020
For instance, recently, on Oct. 28, 2021, Elemental Holding announced its plan to build its first car battery recycling plant in EU. The company has decided that its new facility would treat used lithium-ion batteries for electric vehicles and other waste containing precious metals vital for e-mobility.
Market Research Future’s Review on Battery Recycling Market
The battery recycling market outlook appears promising. The unsafe handling of irresponsibly dumped discarded batteries can cause serious harm to human health and the environment. The rapidly spreading awareness for rising environmental concerns drives market growth.
Moreover, concerns regarding depleting rare earth metals and growing demand for recycled batteries due to stringent government regulations and environmental protection guidelines are key trends ensuring the market rise. Batteries contain various rare minerals and precious metals mined in socially and ecologically vulnerable parts of the world. There’s a clear need to recycle batteries to protect public health and recover valuable metals.
Speak To Our Analyst: https://www.marketresearchfuture.com/ask_for_schedule_call/10020
The Asia Pacific region dominates the global battery recycling market. The region is estimated to retain its market position in the coming years as well. The availability of low-cost recycling processes and increasing environmental regulations in countries such as China, Japan, Southeast Asian countries, and India fosters the battery recycling market size.
Besides, increasing uses of battery-operated electronic devices led by the region’s growing population and economic growth drive the battery recycling industry. Moreover, the growing awareness of battery recycling and government initiatives in the region influences the market’s growth.
The battery recycling market analysis is segmented into chemistry, application, source, and regions. The chemistry segment is sub-segmented into lead-acid, nickel-based, lithium-based, and others. The application segment is sub-segmented into transportation, consumer electronics, industrial, and others. The source segment is sub-segmented into automotive batteries, industrial batteries, consumer electronic appliance batteries, and others.
Segmentation of Market covered in the research:
Battery Recycling Market Research Report: Information by Chemistry (Lead-Acid, Nickel-Based, Lithium-Based and others), Application (Transportation, Consumer Electronics, Industrial and Others), Source (Automotive Batteries, Industrial Batteries and Consumer & Electronics Appliance Batteries) and Region – Forecast till 2030
Middle East & Africa
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.