Battery Recycling Market to Reach US$ 11.83 Billion Growing at CAGR 6.5% to 2022

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The Global Battery Recycling Market is projected to reach US$ 11.83 Billion by 2022, at a CAGR of 6.5% from 2017 to 2022. The major reasons for the growth of the battery recycling market include the increasing concern for environmental pollution and enforcement of stringent environmental regulations across regions.

Top Key Players in the “Battery Recycling Market

  • BASF SE (Germany)
  • Dow AgroSciences LLC (U.S.)
  • Sumitomo Chemical Co.Ltd (Japan)
  • Bayer CropScience AG (Germany)
  • Syngenta AG (Switzerland)
  • Nippon Soda Co. Ltd. (Japan)
  • Nufarm Ltd. (Australia)

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The lead-acid battery chemistry segment led the battery recycling market in 2016. This chemistry segment is evolving as the most suitable battery type for recycling as it is the most commonly used battery and 99% of its lead content is recyclable. In addition, the recycling of lead-acid chemistry has been proved to be safe to the ecosystem.

Europe led the global battery recycling market in 2016. The battery recycling market in Europe is projected to witness the highest growth in the coming years. 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.

Research Coverage:

The report defines, segments, and projects the global battery recycling market based on chemistry, source, end use, material, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges.

Target Audience:

  • Spent Battery Traders, Suppliers, and Distributors
  • Battery Recyclers
  • Government and Research Organizations
  • Associations and Industrial Bodies
  • Industry Associations
  • Smelters and Distributors

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