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.

Request Sample Report @ http://bit.ly/2YYf04B 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.

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.

The global battery recycling market size was valued at USD 8.74 billion in 2016 and is anticipated to reach USD 21.04 billion by 2025, with a CAGR of 10.4%.

Stringent government regulations coupled with a progressive environment to pursue factors related to reduction in emission of formidable greenhouse gases and compliance with environmental protection and conservation is proving to be a growing impetus for battery recycling market.

Spent batteries pose immense health hazards and impair the ecosystem significantly and coupled with government recognizing the need for implementing initiatives in order to recycle batteries are constructive drivers to the market.Successful JV’s between profitable ventures and NGO’s in collaboration with leading automobile manufacturers has boosted the battery recycling market.

Battery recycles market still being in nascent stage and giving leverage to technological advancements comprising new entrants and small players descending on the market with high capital investments notwithstanding, market is surging forward thanks to growing incentives from government and environmental institutions.Get Free PDF Sample Copy of the Report (Including Full TOC, List of Tables & Figures) @ https://www.millioninsights.com/industry-reports/battery-recycling-market/request-sampleMergers and Acquisitions (M and A) have also incremented sales forecasting impressive sales figures with concurrent business expansions leading to satisfied customers.

Restraints, owing to ignorance of discerning populace in relation to battery recycling and environmental constraints with regard to battery disposal exists, with the awareness level of industries continuing to be strong thanks to the application of recycled battery in electronics and automotive sectors.Based on battery source, Battery recycling market is segmented into automotive, electronic appliance and others.

Based on chemistry, battery recycling market is segmented into lithium ion, lead acid and Nickel Cadmium (Ni-Cd).