Battery Recycling Market By Chemistry Of Battery (Lead Acid, Lithium-ion Based, Nickel-Based And Others), Source Of Spent Battery(Automotive, Industrial, Consumer & Electronic Appliance And Others), End Use, Material, By Region - Global Industry Analysis, Size, Share, Growth, Investment, And Forecasts (2018–2023)

Battery Recycling Market By Chemistry Of Battery (Lead Acid, Lithium-ion Based, Nickel-Based And Others), Source Of Spent Battery(Automotive, Industrial, Consumer & Electronic Appliance And Others), End Use, Material, By Region - Global Industry Analysis, Size, Share, Growth, Investment, And Forecasts (2018–2023)

ID: 8352 | Pages: 175 | March 2019 | Region: Global


Market Overview:

The Battery Recycling Market is a newly emerging, fast-growing market with scope to expand worldwide. The demand for an innovative and better solution for alternate sources of energy in the urbanizing world can be satisfied by recycling.

Recent Developments:

Call2Recycle, an industry-funded battery recycling company which has recycled over 7.2 million pounds of batteries in 2018, has launched its branch in the United States ahead of National Battery day.

The United States Department of Energy has announced a total of USD 20.5 million to be invested in the lithium-ion battery recycling. The investment consists of a USD 15 million to be invested in the R&D recycling center in collaboration with The National Renewable Energy Laboratory, Argonne National Laboratory, and Oakridge National Laboratory, and a USD 5.5 million rewards for the company which comes up with an innovative solution for collecting, storing and recycling lithium-ion batteries.

Battery Recycling Market Value and Growth:

The Global Battery Recycling Market size was around USD 9.19 billion by revenue, at the end of 2018. It is anticipated to grow at a 6.58 % CAGR to reach USD 12.64 billion by 2023.

Battery Recycling Market Drivers and Restraints:

The high demand for automotive batteries in the market is never-ending. Since they are mostly lead-acid or lithium-ion batteries the need for recycling batteries is driven by the excess demand from the automotive industry. Due to the increase in the use of lead-acid batteries for industrial purposes the market for recycling these batteries has a significant role to help supply for the rising demand. The regulations imposed by the government agencies on the battery manufacturers, as the natural earth metals are being depleted, drive the battery recycling market. However, the lack of technology to extract lithium from spent batteries and their safe handling issues decelerates the growth of the global market. The centralization of mineral resources in regions like Asia and Europe also act as restraining factors to the market.

Battery Recycling Market Segmentation Analysis:

By Chemistry of Battery

Based on the type of rubber the global Battery Recycling Market is categorized into Nickel-Based, Lithium-ion Based, Lead Acid, and Others. Among the different types of chemicals used in batteries, the lead-acid battery sector dominated the global market in 2018 and is anticipated to witness the highest growth rate among others. Lead-acid is the most common chemicals used in many automotive and industrial applications which is the exact reason for its leading growth rate. Lithium-ion batteries are next hight revenue generators in this market followed by nickel-based batteries.

By Source of Spent Battery

Based on the application of the Battery Recycling Market the global Battery Recycling Market is divided into Automotive, Industrial, Consumer & Electronic Appliance, and Others. Of the mentioned, applications the automotive sector is the largest in terms of volume and value. Since the automotive battery is the most important source of power in a vehicle which is independent of fuel, there is an immense demand in this sector which keeps driving the global market.

Battery Recycling Market Geographical Analysis:

  • By geography, the Global Battery Recycling Market is segmented as Latin America, Europe, Asia Pacific, Middle-East & Africa, and North America.

 

  • The Asia Pacific had the largest global market share in the year 2018 and is expected to be the second fastest-growing market in the forecast period, due to increasing demand from growing industries and scope of future opportunities, mainly in developing countries like Japan, India, and China.

 

  • Europe and North America are nearly equal in their market values, and Europe is expected to have the fastest-growing market in the forecast period. The need for an alternate source of energy in these regions drives the battery recycling market, as it reduces the e-waste generated, thus saving a lot of money.

 

  • The Middle East & Africa and Latin America regions, being in the low developing countries due to the contribution of low GDP countries, have fewer chances for industry growth. Hence, the Battery Recycling Market in these regions is slow growing in nature.

Battery Recycling Market Key Players:

By the end of 2018, Call2Recycle Inc. (U.S.), Battery Solutions LLC (U.S.) Exide Technologies (U.S.), Gravita India Limited (India), Johnson Controls Inc.(U.S.), Retriev Technologies Inc.(US), East Penn Manufacturing Company(US), EnerSys(US), G & P Batteries(UK), Umicore N.V.(Belgium), Accurec Recycling GmbH(Germany), Aqua Metals Inc.(US), Vinton Batteries Limited(UK), Recupyl SaS(France), COM2 Recycling Solutions (Canada), and Doe Run Company (US), are the leading shareholders of the Global Battery Recycling Market market. These companies are currently focused on expansion strategies to improve their market value and position.

Battery Recycling Market Research Report Key Highlights:

  • The evaluation of the current product and services market and the future implications of the market.

 

  • Address the matter by better understanding the market through size estimates and CAGR analysis to forecast the future market.

 

  • Wider segmentation to better understand the dynamics of the market at a very small level by dividing the market to smaller segments.

 

  • Address the key market challenges, drivers and restraints with a goal of providing insights for gaining market share.

 

  • Porter’s Five Forces are used to analyze the factors responsible for the shaping of the industry as it is as a result of the competitive environment.

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                           

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                              

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                            

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                     

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                      

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 Epidemology                                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                      

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                               

5. Market Segmentation                                                              

                5.1 Product                                        

                                5.1.1 Introduction                           

                                5.1.2 SLI                              

                                5.1.3 Micro Hybrid Batteries                      

                                5.1.4 Y-o-Y Growth Analysis, By Product                

                                5.1.5 Market Attractiveness Analysis, By Product                              

                                5.1.6 Market Share Analysis, By Product                                

                5.2 Type                                              

                                5.2.1 Introduction                           

                                5.2.2 Flooded                   

                                5.2.3 Enhanced                

                                5.2.4 Flooded                   

                                5.2.5 VRLA                         

                                5.2.6 Y-o-Y Growth Analysis, By Type                      

                                5.2.7 Market Attractiveness Analysis, By Type                    

                                5.2.8 Market Share Analysis, By Type                     

                5.3 End User                                     

                                5.3.1 Introduction                           

                                5.3.2 Passenger Car                        

                                5.3.3 LCVs/HCVs                              

                                5.3.4 Two Wheeler                         

                                5.3.5 Three Wheeles                     

                                5.3.6 Y-o-Y Growth Analysis, By End User                              

                                5.3.7 Market Attractiveness Analysis, By End User                            

                                5.3.8 Market Share Analysis, By End User                             

6. Geographical Analysis                                                              

                6.1 Introduction                                              

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

                                                6.1.3.1 By Geographical Area     

                                                6.1.3.2 By Product          

                                                6.1.3.3 By Type

                                                6.1.3.4 By End User        

                                                6.1.3.5 By Indication      

                                6.1.4  Market Attractiveness Analysis                     

                                                6.1.4.1 By Geographical Area     

                                                6.1.4.2 By Product          

                                                6.1.4.3 By Type

                                                6.1.4.4 By End User        

                                6.1.5  Market Share Analysis                      

                                                6.1.5.1 By Geographical Area     

                                                6.1.5.2 By Product          

                                                6.1.5.3 By Type

                                                6.1.5.4 By End User        

                6.2 North America                                          

                                6.1.1 Introduction                           

                                6.1.2 United States                         

                                6.1.3 Canada                     

                6.3 Europe                                         

                                6.2.1 Introduction                           

                                6.2.2 U.K                             

                                6.2.3 Spain                         

                                6.2.4 Germany                 

                                6.2.5 Italy                           

                                6.2.6 France                      

                6.4 Asia-Pacific                                 

                                6.3.1 Introduction                           

                                6.3.2 China                         

                                6.3.3 India                          

                                6.3.4 Japan                        

                                6.3.5 Australia                  

                                6.3.6 South Korea                           

                6.5 Latin America                                            

                                6.4.1 Introduction                           

                                6.4.2 Brazil                         

                                6.4.3 Argentina                

                                6.4.4 Mexico                     

                                6.4.5 Rest of Latin America                         

                6.6 Middle East & Africa                               

                                6.5.1 Introduction                           

                                6.5.2 Middle-East                            

                                6.5.3 Africa                        

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                      

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services               

                                7.2.5 Competitive Rivalry within the Industry                      

8. Market Leaders' Analysis                                                        

                8.1 Athersys                                      

                                8.1.1 Overview                

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 Johnson Controls Inc.                                             

                8.3 Middle East Battery Company                                            

                8.4 Exide Technologies                                 

                8.5 G.S.Yuasa Corporation                                           

                8.6 Reem Batteries & Power Appliances Co. Saoc                                              

                8.7 Exide Technologies Inc.                                         

                8.8 Northstar Battery Company LLC.                                        

                8.9 Robert Bosch GmbH                                               

                8.10 Samsung SDI Co.                                    

                8.11 C&D Technologies, Inc.                                       

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                        

                9.3 Agreements, collaborations and Joint Ventures                                          

                9.4 New Product Launches                                          

10. Market Outlook and Investment Opportunities                                                          

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Global Battery Recycling Market Market By Region, From 2018-2023 ( USD Billion )
  2. Global Battery Recycling Market Market By Chemistry of Battery, From 2018-2023 ( USD Billion )
  3. Global Lead Acid Market By Region, From 2018-2023 ( USD Billion )
  4. Global Lithium-ion Based Market By Region, From 2018-2023 ( USD Billion )
  5. Global  Nickel-Based Market By Region, From 2018-2023 ( USD Billion )
  6. Global Others Market By Region, From 2018-2023 ( USD Billion )
  7. Global Battery Recycling Market Market By Source of Spent battery, From 2018-2023 ( USD Billion )
  8. Global Automotive Market By Region, From 2018-2023 ( USD Billion )
  9. Global Industrial Market By Region, From 2018-2023 ( USD Billion )
  10. Global Consumer & Electronic Appliance  Market By Region, From 2018-2023 ( USD Billion )
  11. Global Others Market By Region, From 2018-2023 ( USD Billion )
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