Battery Recycling Market

1
Battery Recycling Market Trends, Size, Share,
Demands, Overview, Growth, Revenue and Forecast
to 2030
sales_at_delvens.com www.delvens.com
2
Sternal Closure Systems Market Trends Forecast
Till 2030
Battery Recycling Market, by Source (Automotive
Batteries, Industrial Batteries, Consumer
Electronic Appliance Batteries), Chemistry (Lead
Acid, Lithium-based, Nickel-based), Material
(Metals, Electrolyte, Plastics) and region (North
America, Europe, Asia-Pacific, Middle East and
Africa and South America).
Request For Free Sample Report
https//www.delvens.com/get-free-sample/automotive
-smart-antenna-market
sales_at_delvens.com
www.delvens.com
3
Market Overview
The realm of battery recycling involves the
collection, processing, and extraction of
valuable materials from used batteries, while
also aiming to minimize the environmental impact.
This encompasses a variety of battery types,
ranging from those utilized in automobiles (such
as electric vehicles), to portable electronics
(such as smartphones and laptops), to energy
storage systems (such as those implemented in
renewable energy installations). The primary
goal of the worldwide battery recycling market is
to decrease the disposal of batteries within
landfills or incineration facilities, as improper
disposal can result in environmental pollution
and health hazards due to the presence of toxic
chemicals and heavy metals. Instead, the emphasis
is placed on recovering valuable elements like
lithium, cobalt, nickel, lead, and other metals
through smelting, hydrometallurgical techniques,
and mechanical separation. Purchase this
Report https//www.delvens.com/checkout/battery-r
ecycling-market
sales_at_delvens.com
www.delvens.com
4
Market Overview
the sector is anticipated to experience rapid
expansion over the forecast period due to the
surging prevalence of Electric Vehicles (EVs) and
sustainable energy storage systems, resulting in
an augmentation of the demand for batteries and
subsequently fueling the imperative of recycling.
Governments across the globe are effectuating
policies to stimulate battery recycling and
minimize the ecological ramifications, thereby
augmenting the progress of the industry. The
COVID-19 pandemic prompted the imposition of
lockdowns which led to the temporary prohibition
of import and export as well as manufacturing and
processing activities across multiple industries.
Consequently, this resulted in diminished demand
for batteries from both automotive and
non-automotive end users, causing a decline in
market growth during the second, third, and
fourth quarters of 2020. Nonetheless, the battery
recycling market is projected to recover by the
second quarter of 2021. This is due to the
commencement of COVID-19 vaccination programs in
various economies worldwide, which is expected to
enhance the global economy.
sales_at_delvens.com
www.delvens.com
5
Key Findings
The Battery Recycling market is segmented into By
recycling processes, application, material,
source, chemistry, and region The source
segment is further fragmented into Automotive
Batteries, Industrial Batteries, Consumer
electric appliance Batteries. The automotive
batteries segment is expected to account for a
larger market size during the forecast
period. The chemistry segment is further
bifurcated into Lead Acid Batteries,
Lithium-based Batteries, Nickel-based Batteries
and Others. The lead acid batteries is the
largest market during the forecast period.
Lead-acid batteries are classified as perilous
refuse due to the presence of lead and sulfuric
acid.
sales_at_delvens.com
www.delvens.com
6
Key Findings
The application segment is further bifurcated
into Transportation, Consumer Electronics,
Industrial and Others. Transportation to account
for a larger market size during the forecast
period. The market is also divided into various
regions such as North America, Europe,
Asia-Pacific, South America, and Middle East and
Africa. North America is estimated to account for
the largest market share during the forecast
period. Inquire Before Buying
https//www.delvens.com/Inquire-before-buying/batt
ery-recycling-market
sales_at_delvens.com
www.delvens.com
7
Competitive Landscape

• Gem Co., Ltd.
• Glencore
• Gopher Resource
• Gravita India Ltd.
• Li-Cycle Corp.
• Neometals Ltd.
• Raw Materials Company
• Recyclico Battery Materials Inc.
• Umicore

• Accurec Recycling Gmbh
• American Battery Technology Company
• Aqua Metals, Inc.
• Call2Recycle, Inc.
• Cirba Solutions
• Contemporary Amperex Technology Co., Limited
• East Penn Manufacturing Company
• Ecobat
• Element Resources
• Enersys
• Exide Industries Ltd.
• Fortum

sales_at_delvens.com
www.delvens.com
8
Recent Developments
In April 2023, Cirba Solutions signed a
Memorandum of Understanding (MoU) with Honda to
collect, process, and return recycled battery
materials to be used as raw material for Hondas
battery supply chain for application in future EV
batteries.  In February 2023, Contemporary
Amperex Technology Co., Limited, Mercedes-Benz,
and GEM Co., Ltd. signed a memorandum of
understanding for the recycling of cobalt,
nickel, manganese, and lithium metals from spent
EV batteries of Mercedes-Benz and remanufacture
them into battery cathode materials.
sales_at_delvens.com
www.delvens.com
9
Contact Information
About Us Delvens is a strategic advisory and
consulting company headquartered in New Delhi,
India. The company holds expertise in providing
syndicated research reports, customized research
reports and consulting services. Delvens
qualitative and quantitative data is highly
utilized by each level from niche to major
markets, serving more than 1K prominent companies
by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
industries in more than 115 major countries
globally. Contact Us 44-20-3290-6466 1
214-377-1144 sales_at_delvens.com
sales_at_delvens.com
www.delvens.com