Categories
Press Release

Battery Recycling Market Size, Key Players Analysis And Comprehensive Growth Drivers Forecast Till 2026

Extensive use of batteries and rising demand for energy source across the globe are creating growth opportunities for the battery recycling market, says Fortune Business insights in a report, titled “Battery Recycling Market Size, Share and Global Trend By Battery Type (Primary Battery, Secondary Battery), By Chemistry (Lead Acid Battery, Nickel Cadmium Battery, Nickel Metal Hydride Battery, Lithium-Ion Battery), By Source (Automotive, Consumer and Electronic Appliance, Industrial Battery) and Geography Forecast till 2026”. Rising battery waste and its hazardous effect on the environment are key factors accelerating the battery recycling market growth pace.

For more information in the analysis of this report, visit:  https://www.fortunebusinessinsights.com/industry-reports/battery-recycling-market-100255

DOE Launches the First Battery Recycling Center

The Department of Energy (U.S) launched the first lithium-ion battery recycling center, called the Recell Center. This center is predicted to create jobs opportunities and produce a national supply of lithium-based battery materials. The launch of this center is expected to fuel demand among other companies and departments with a focus to inaugurate battery recycling centers in other regions. Numerous key companies are partnering amongst each other to recycle lithium batteries and cells, for instance, ABB FIA Formula E Championship announced Umicore as their official battery recycling partner to recycle lithium-ion battery units and cells used during the first two seasons of the electric street racing series. The partnership is expected to aid significantly towards the growth of battery recycling market.

Top Players Overview:

  • Glencore
  • Veolia
  • Umicore
  • Call2Recycle, Inc.
  • Gravita India Limited
  • Johnson Controls
  • Aqua Metals, Inc.
  • American Manganese Inc.
  • Battery Solutions, LLC

Request a Sample Copy of the Global Market Research Report:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/battery-recycling-market-100255

Increasing Battery Waste to Create Growth Opportunities

The battery recycling market on the basis of type is segmented into secondary batteries and primary batteries. Primary batteries are majorly used in watches, electric toys, consumer electronics and others, these batteries are non-rechargeable. Secondary batteries are mainly used in electronics, automotive, industrial battery, electrical equipment, and others but are rechargeable batteries. On the basis of chemistry type, the battery recycling market is segmented into lead-acid battery, nickel cadmium, nickel metal hydride battery lithium-ion battery, and others. Batteries are widely used across various sections such as electronic, electrical gadgets, energy storage, electric vehicle, mining operation, marine submarine applications. These segmentations generate million and billions of tons of used battery waste which is likely to assist in the growth of battery recycling market. The rising concern of dumping batteries has worried the global leaders and has impelled them to take strict action and regulate recycling guidelines for the prevention of serious environmental hazard. This factor is expected to boost the global battery recycling market and enable growth opportunities.

North America Forecast to Emerge Dominant

Geographically, the battery recycling market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is leading the market, owing to the new developments in the field of automobile, telecommunication, aerospace-aviation, infrastructure, energy development and others. Department of Energy (U.S.) launched their new center for recycling lithium batteries and implement other battery recycle plans. This center is likely to escalate the market growth in the region. In 2006, the European Parliament announced a battery Instruction with an objective to improve environmental conditions by operational collection and separation of batteries. European nations are more worried about rising carbon emission and hence are applying strict guidelines to prevent environmental degradation. More countries in the region are accepting renewable forms of energy which not only diminishes carbon emission but also minimizes the dependency of fossil fuel. These steps taken by the government to prevent environmental hazards and the adoption of renewable energy is propelling the growth of the global battery recycling market in the region.

Key Segmental Overview:

1. By Battery Type

  • Primary Battery
  • Secondary Battery

2. By Chemistry

  • Lead Acid Battery
  • Nickel Cadmium Battery
  • Nickel Metal Hydride Battery
  • Lithium-Ion Battery
  • Others

3. By Source

  • Automotive
  • Consumer and Electronic Appliance
  • Industrial Battery
  • Others

4. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/battery-recycling-market-100255

Major Table of Content For Battery Recycling Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Battery Recycling Market Analysis, Insights and Forecast, 2014-2026
  6. North America Battery Recycling Market Analysis, Insights and Forecast, 2026
  7. Europe Battery Recycling Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Battery Recycling Market Analysis, Insights and Forecast, 2026
  9. Middle East and Africa Battery Recycling Market Analysis, Insights and Forecast, 2026
  10. Latin America Smart Mining Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

View Related Reports:

FPSO Market Development, Key Opportunity, Application and Forecast to 2026 | Fortune Business Insights

Offshore Inspection, Repair & Maintenance Market Size: Overview by Industry Trends, Share, Growth Factor and Analysis to 2026

Oil & Gas EPC Market Share In-Depth Analysis of Industry Growth Trends & Forecast till 2026

Offshore AUV & ROV Market Global Industry Analysis by Top Manufacturers with Size, Share, Segments, Drivers and Challenges

About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: [email protected] 

Categories
Press Release

Battery Recycling Market Overview And Geographical Forecast Till 2026 | Fortune Business Insights

Fortune Business Insights provides a detailed evaluation of the Battery Recycling Market by analyzing the factors driving the market. Besides this, it also discusses some of the economic trends prevailing in the energy and power industry. These trends are analyzed in the report to see an overall impact on the global market.

Browse Complete Report at https://www.fortunebusinessinsights.com/industry-reports/battery-recycling-market-100255

Rising privatization and relaxation in the FDI norms are factors enabling growth in the market. Also, governments are heavily investing in power projects, which in turn, may fuel demand for Lithium-Ion Batteries across the globe.

Increasing use of smart grids and smart metering are likely to help for the better management of power services. Better infrastructural facilities are also expected to encourage growth in the market.

Top Players Overview:

  • Glencore
  • Veolia
  • Umicore
  • Call2Recycle, Inc.
  • Gravita India Limited
  • Johnson Controls
  • Aqua Metals, Inc.
  • American Manganese Inc.
  • Battery Solutions, LLC

The increased spending on energy and power across the world is another factor likely to drive the Battery Recycling Market. Rising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fueling demand for energy and which is expected to drive the Smart Mining Market.

Key Segmental Overview:

  • By Battery Type
  • By Chemistry
  • By Source
  • By Geography

The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive competition and maintain their stronghold.

Sample PDF Brochure https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/battery-recycling-market-100255

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Major Table of Content For Battery Recycling Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Battery Recycling Market Analysis, Insights and Forecast, 2014-2026
  6. North America Battery Recycling Market Analysis, Insights and Forecast, 2014- 2025
  7. Europe Battery Recycling Market Analysis, Insights and Forecast, 2014-2025
  8. Asia Pacific Battery Recycling Market Analysis, Insights and Forecast, 2014-2025
  9. Middle East and Africa Battery Recycling Market Analysis, Insights and Forecast, 2014-2025
  10. Latin America Smart Mining Market Analysis, Insights and Forecast, 2014-2025
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

View Related Reports:

Vibration Level Switch Market 2019 Global Market Growth, Size, Share, Demand, Trends and Forecasts to 2026

Cold-formed Steel Market 2019 Global Market Growth, Size, Share, Demand, Trends and Forecasts to 2026

Bearing Isolators Market 2019 Global Market Growth, Size, Share, Demand, Trends and Forecasts to 2026

Automatic Tube Cleaning System Market 2019 Global Market Growth, Size, Share, Demand, Trends and Forecasts to 2026

Print Equipment Market 2019 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2026