Battery Recycling Market Size, Share and Growth Report 2031
Precision Business Insights has published a report on the global battery recycling market, estimating its value at USD 10,333 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-battery-recycling-market
The battery recycling market is the industry that recovers valuable materials from spent batteries to reduce environmental impact, save resources, and promote the circular economy. It is critical in managing the expanding volume of used batteries from electric vehicles (EVs), consumer gadgets, and renewable energy storage devices.
Drivers:
- The rapid growth of electric vehicles is leading to a surge in end-of-life batteries, creating a massive need for recycling infrastructure.
- Innovations in hydrometallurgical and direct recycling methods are improving recovery rates and economic viability
The global battery recycling market segmentation:
1) By Battery Type: Lithium-ion, Lead-acid, Nickel-cadmium
2) By Battery Source: Automotive, Electronic Appliances
3) By Material: Manganese, Iron, Lithium, Nickel, Cobalt, Lead, Plastic, Aluminum
4) By End user: Extraction of Material; Repackaging Reuse and Second Life, Disposal
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Regional Overview:
The report also examines the current concerns and their Future Effects on the battery recycling market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the battery recycling market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Call2Recycle, Inc., Eco-Bat Technologies Ltd., Aqua Metals, Inc., Exide Technologies, G&P Batteries, Johnson Controls Inc., Battery Solutions Inc., Vinton Batteries Limited, Umicore SA., Enersys, Gravita India Limited, Retriev Technologies, Inc.
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