The global battery recycling market is expected to reach USD 24.57 Billion by 2027, according to a new report by Emergen Research. The battery recycling market is witnessing rapid growth in demand as raw materials such as lithium, nickel, cobalt, and manganese used in the manufacturing of cathode of batteries are limited. In contrast, these materials are witnessing an escalating demand from the end-user verticals, including automotive & transportation, consumer electronics, and various other industries. Besides, the raw materials deployed in the making of batteries are detrimental to the environment. Recycling and reusing the constituents in used batteries further aids in the preservation of natural resources; therefore, propelling the market growth for recycled battery materials.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Battery Recycling market, emphasizing the key market rivals and their company profiles.
A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years.
Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Battery Recycling market and pinpoint the fundamental growth trends.
Companies Profiles:
Ecobat Logistics, East Penn Manufacturing Company Inc., Gopher Resource LLC, Retriev Technoloies Inc., Battery Solutions Inc., RSR Corporation, Glencore International AG, Fortum Oyj, Call2Recycle Inc., and Doe Run Company
Product Type Outlook & Application Areas:
Type Outlook (Revenue, USD Billion; 2017-2027)
Lithium-Based
Nickel-Based
Lead-Acid
Others
Battery Recycling Outlook (Revenue, USD Billion; 2017-2027)
Extraction of Materials
Reuse, Repackaging, & Second Life
Disposal
Application Outlook (Revenue, USD Billion; 2017-2027)
Automotive & Transportation
Consumer Electronics
Industrial