The Global Battery Recycling Market was valued at USD 8.10 Billion in 2016 and is projected to reach USD 11.83 Billion by 2022, at a CAGR of 6.5% from 2017 to 2022.
Browse 104 market data tables and 42 figures spread through 148 pages and in-depth TOC on "Battery Recycling Market by Chemistry (Lead Acid, Lithium-Based, Nickel-Based), Source (Automotive, Industrial, Consumer & Electronic Appliance), End Use, Material, and Region - Global Forecast to 2022".
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In 2016, Call2Recycle, Inc. (U.S.) was one of the leading recycler of spent batteries, followed by Battery Solutions, LLC (U.S.), Exide Technologies (U.S.), Gravita India Ltd. (India), and Johnson Controls Inc. (U.S.). Since 1996, Call2Recycle has diverted over 100 million pounds of batteries and cellphones from the solid waste stream and established a network of 34,000 collection sites throughout the U.S. and Canada.
Battery Solutions, LLC (U.S.) is engaged with the environmentally conscious corporations, governments, municipalities, and households across the North America to collect spent batteries. The company recycles varied types of batteries, from portable batteries to large industrial batteries such as the ones used in cars and data centers. It sells the extracted materials for reuse in industries such as new battery manufacturing and steel manufacturing.
Exide is among the leading battery recyclers and has designed its Total Battery Management (TBM) program as an integrated approach to manufacture, distribute, and recycle lead-acid batteries. The TBM program also frees the customers from the regulatory burdens of handling spent batteries and keeps recyclable materials in the manufacturing stream instead of landfills. Exide recycles more than 1.1 million pounds of lead per day, recovers and neutralizes more than 15 million gallons of sulfuric acid per year, and generates more than 30 million pounds of sodium sulfate annually from spent batteries.
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There are a few more companies that are working in the battery recycling market. These include Aqua Metals (U.S.), Umicore (Belgium), EnerSys (U.S.), Teck Resources Ltd. (Canada), Gopher Resource (U.S), G&P Batteries (U.K.), Terrapure Environmental (Canada), East Penn Manufacturing Co. (U.S.), Retriev Technologies Inc. (U.S.), Com2 Recycling Solutions (U.S.), RSR Corporation (U.S.), Doe Run (U.S.), Raw Materials Company Inc. (Canada), World Logistics Inc. (U.S.), Guangdong Brunp Recycling Technology Co., Ltd, (China), Metalex Products Ltd. (Canada), Accurec Recycling GmbH (Germany), Tonolli Canada, Ltd. (Canada), Kinsbursky Brothers, Inc. (U.S.), Recupyl S.A.S. (France), and Vinton Batteries (U.K.).
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The global Battery Recycling Market was valued at USD 8.10 Billion in 2016 and is projected to reach USD 11.83 Billion by 2022, at a CAGR of 6.5% from 2017 to 2022.Browse 104 market data tables and 42 figures spread through 148 pages and in-depth TOC on "Battery Recycling Market”.Request Report Sample @ Click HereBased on source, the automotive source is the largest source segment of the battery recycling marketBased on source, the automotive segment is the largest source segment of the global battery recycling market.
The automotive industry accounts for the highest output of spent lead acid batteries globally.
This trend is expected to continue during the forecast period, attributed mainly to the stringent regulations set by the environmental protection agencies regarding pollution emission standards.
The growing output of spent batteries from various end-use sources, such as automotive, industrial, and consumer & electronic appliances is responsible for the growth of the Europe battery recycling market.
Stringent environmental regulations for proper disposal and recycling of batteries in countries such as Germany and the U.K. are also among the factors expected to drive the European battery recycling market during the forecast period.
Key countries in the Europe battery recycling market are Germany, the U.K., France, Russia, and Italy.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147696175Key players operational in the battery recycling market include Call2Recycle, Inc. (U.S.), Battery Solutions, LLC.
