Battery Recycling Market - Size, Share and Forecast (2019-2026)

SKU: DEU88 | Last Updated On: 2019-08-27 | No. of Pages: 177 | Available Formats

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In April 2019, Tesla has announced that they are about to open a new battery recycling facility at its Gigafactory in Sparks, Nevada.

Market Overview

The primary objective of building a good battery is a long life, safety, and low price. Batteries are expensive and have a relatively short life span. As discarded batteries grow by the tonnage, entrepreneurs are enticed to start a business in recycling. Recycling is an afterthought and manufacturers do little to simplify the retrieving of precious metals. The recycling business is small compared to the vast battery industry. For the reduction of CO2 emissions to a large extent, recovered metal has been used for recycled battery production.

Japan Portable Rechargeable Battery Recycling Center (JBRC) was created to handle and promote battery recycling throughout Japan. They provide battery recycling containers to shops and other collection points.

The global battery recycling market size was worth USD XX million in 2018 and is estimated to reach USD XX million by 2026, at a CAGR of XX% during the forecast period. 

Battery Recycling Market Value (USD Million),  2018-2026

Market Dynamics

Rising interest for recycled materials and products, increasing electric vehicles worldwide and stringent government regulations are the major drivers impacting the growth of the market.  The Mercury-Containing and Rechargeable Battery Management Act of 1996 (“Battery Act”) has made some important strides in protecting the environment and human health. Through this law, the EPA and state Department of Environmental Quality agencies can reduce the number of hazardous substances released into the environment from used batteries. 
The EPA (Environmental Protection Agency) has imposed strict guidelines in the recycling of lead-acid batteries in the USA. The recycling plants must be sealed and the smokestacks fitted with scrubbers. Adding to this, China, a leader in lead-acid battery production, also took action to protect the environment by introducing strict guidelines that only reputable companies can meet.
Safety and security concerns related to transportation and storage of batteries is the major restraint hampering the growth of the market.

Segment Analysis

By application, the battery recycling market is segmented into lithium-based battery, nickel-based battery, lead-acid battery, and others. Others include Mercury, Zinc-Carbon, Zinc-Air, Alkaline. The global battery recycling market size by chemistry was worth USD XX million in 2018 and is estimated to reach USD XX million by 2026, at a CAGR of XX% during the forecast period 2019 to 2026. Lithium-ion batteries are primarily used in electric vehicles. Increasing the usage of lithium-ion batteries in numerous applications and rise in the growth of automotive and transportation industries worldwide are likely to rise the consumption of recycled batteries in the forecast period. 
In general, Lithium-ion batteries are expensive to manufacture. Due to the high material cost and complex preparation processes, recycled batteries are expected to grow worldwide. Companies are focusing to improve their recycling battery production to sustain in the market. For instance, in August 2019, Perth-based Lithium Australia has produced refined lithium phosphate from spent lithium-ion batteries and is now focusing on the production of lithium-ferro-phosphate cathode powder as part of its continued lithium recycling strategy.
Battery Recycling Market Share, By Chemistry, 2018 (%)

On the basis of application, the battery recycling market is segmented into automotive, industrial, consumer & electronics and others. Others segment is further divided into marine and power.

Geographical Analysis

The North America battery recycling market size was worth USD XX million in 2018 and is estimated to reach USD XX million by 2026, at a CAGR of XX% during the forecast period. North America is expected to hold the major market share for market growth worldwide. The rise in battery recycling activities and stringent regulations in North America, especially in the U.S are the major reasons for growth of the battery market. For instance, the EPA - Environmental Protection Agency has imposed strict guidelines in recycling of lead-acid batteries in the USA.

Companies are having agreements for battery recycling and manufacturing to extend their market presence. For instance, in February 2017, Johnson Controls had a technology license agreement with Aqua Metals, California, U.S. for battery manufacturing & recycling.  According to New York Times, batteries collected in the United States are increasingly being transported to Mexico for recycling as a result of a widening gap between the strictness of environmental and labor regulations between the two countries.

Battery Recycling Market Share (%),  By Geography, 2018

The Asia Pacific battery recycling market size was worth USD XX million in 2018 and is estimated to reach USD XX million by 2026, at a CAGR of XX% during the forecast period. China, India, South Korea, Australia, and Japan are expected to witness high growth rates due to the increasing demand from end-use industries like automotive industry. Companies in this region are concentrating to develop new technologies related to battery recycling. For instance, in August 2019, SK Innovation has announced that they are working on developing technology to recycle spent electric vehicle batteries. Adding to this, LG Chem and Samsung SDI are also developing technologies to recycle battery packs for electric vehicles as lithium-ion battery-powered cars are coming to the mass market worldwide. 

Competitive Landscape

The Battery Recycling market is highly competitive with new players entering the market. Some of the major players include Johnson Control Inc, Gravita India Ltd., Exide Technologies, Battery Solutions, Inc., COM2 Recycling Solutions, Umicore, East Penn Manufacturing Co, Enersys, Guangdong Brunp Recycling Technology Co, Accurec Recycling GmbH
The key players are adopting various key strategies such as product launches, expanding productions which are contributing to the growth of the Battery Recycling Market.
For instance, in August, 2019, Perth-based Lithium Australia has produced refined lithium phosphate from spent lithium-ion batteries and is now focusing on the production of lithium-ferro-phosphate cathode powder as part of its continued lithium recycling strategy.
In August, 2019, Lithium Australia has announced that they are recycling lithium-ion batteries with the successful production of lithium phosphate from mixed metal dust derived from waste battery electrodes.
In August, 2019, SK Innovation has announced that they are working on developing technology to recycle spent electric vehicle batteries.
LG Chem and Samsung SDI are also developing technologies to recycle battery packs for electric vehicles as lithium-ion battery-powered cars are coming to the mass market worldwide.

Why Purchase the Report?
•    Visualize the composition of the battery recycling in terms of various types of chemistry and their applications highlighting the key commercial assets and players.
•    Identify commercial opportunities in battery recycling market by analyzing trends and co-development deals. 
•    Excel data sheet with thousands of data points of Battery Recycling market-level 4/5 segmentation.
•    A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
•    Product mapping in excel for the key product of all major market players
Target Audience
•    Service Providers/ Buyers
•    Industry Investors/Investment Bankers
•    Education & Research Institutes
•    Research Professionals
•    Emerging Companies
•    Manufacturers
 

 

  1. Global Battery Recycling Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Battery Recycling Market – Market Definition and Overview

  3. Global Battery Recycling Market – Executive Summary

    1. Market Snippet by Application
    2. Market Snippet by Chemistry
    3. Market Snippet by Region
  4. Global Battery Recycling Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Rising Interest for recycled materials and products
        2. Stringent government regulations
        3. Increasing electric vehicles worldwide
      2. Restraints
        1. Safety and security concerns related to transportation and storage of batteries
      3. Opportunity
      4. Impact Analysis
  5. Global Battery Recycling Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Regulatory Analysis
    3. Supply Chain Analysis
    4. Pricing Analysis
  6. Global Battery Recycling Market – By Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      2. Market Attractiveness Index, By Application
    2. Automotive*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Industrial
    4. Consumer & Electronics
    5. Others (Marine, Power)
  7. Global Battery Recycling Market – By Chemistry

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Chemistry
      2. Market Attractiveness Index, By Chemistry
    2. Lithium Based Battery*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026        
        1. Lithium-Ion
    3. Nickel Based Battery
        1. Nickel Metal Hydride (NiMH)
        2. Nickel-Cadmium (NiCd)
    4. Lead Acid Battery
    5. Others (Mercury, Zinc-Carbon, Zinc-Air, Alkaline)
  8. Global Battery Recycling Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Chemistry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Chemistry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Chemistry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Chemistry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Chemistry
  9. Global Battery Recycling Market Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  10. Global Battery Recycling Market Company Profiles

    1. Johnson Controls, Inc. *
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Gravita India Ltd.
    3. Exide Technologies
    4. Battery Solutions, Inc.
    5. COM2 Recycling Solutions
    6. Umicore
    7. East Penn Manufacturing Co
    8. Enersys
    9. Guangdong Brunp Recycling Technology Co
    10. Accurec Recycling GmbH
  11. Global Battery Recycling Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

LIST OF TABLES:
Table 1 Global Battery Recycling Market Value, By Application, 2018,2022 & 2026 (USD Million)
Table 2 Global Battery Recycling Market Value, By Chemistry, 2018,2022 & 2026 (USD Million)
Table 3 Global Battery Recycling Market Value, By Region, 2018,2022 & 2026 (USD Million)
Table 4 Global Battery Recycling Market Value, By Application, 2018,2022 & 2026 (USD Million)
Table 5 Global Battery Recycling Market Value, By Application, 2017-2026 (USD Million)
Table 6 Global Battery Recycling Market Value, By Chemistry, 2018,2022 & 2026 (USD Million)
Table 7 Global Battery Recycling Market Value, By Chemistry, 2017-2026 (USD Million)
Table 8 Global Battery Recycling Market Value, By Region, 2018,2022 & 2026 (USD Million)
Table 9 Global Battery Recycling Market Value, By Region, 2017-2026 (USD Million)
Table 10 North America Battery Recycling Market Value, By Application, 2017-2026 (USD Million)
Table 11 North America Battery Recycling Market Value, By Chemistry, 2017-2026 (USD Million)
Table 12 North America Battery Recycling Market Value, By Country, 2017-2026 (USD Million)
Table 13 South America Battery Recycling Market Value, By Application, 2017-2026 (USD Million)
Table 14 South America Battery Recycling Market Value, By Chemistry, 2017-2026 (USD Million)
Table 15 South America Battery Recycling Market Value, By Country, 2017-2026 (USD Million)
Table 16 Europe Battery Recycling Market Value, By Application, 2017-2026 (USD Million)
Table 17 Europe Battery Recycling Market Value, By Chemistry, 2017-2026 (USD Million)
Table 18 Europe Battery Recycling Market Value, By Country, 2017-2026 (USD Million)
Table 19 Asia-Pacific Battery Recycling Market Value, By Application, 2017-2026 (USD Million)
Table 20 Asia-Pacific Battery Recycling Market Value, By Chemistry, 2017-2026 (USD Million)
Table 21 Asia-Pacific Battery Recycling Market Value, By Country, 2017-2026 (USD Million)
Table 22 Middle East & Africa Battery Recycling Market Value, By Application, 2017-2026 (USD Million)
Table 23 Middle East & Africa Battery Recycling Market Value, By Chemistry, 2017-2026 (USD Million)
Table 24 Johnson Controls, Inc.: Overview
Table 25 Johnson Controls, Inc.: Product Portfolio
Table 26 Johnson Controls, Inc.: Key Developments
Table 27 Gravita India Ltd.: Overview
Table 28 Gravita India Ltd.: Product Portfolio
Table 29 Gravita India Ltd.: Key Developments
Table 30 Exide Technologies: Overview
Table 31 Exide Technologies: Product Portfolio
Table 32 Exide Technologies: Key Developments
Table 33 Battery Solutions, Inc.: Overview
Table 34 Battery Solutions, Inc.: Product Portfolio
Table 35 Battery Solutions, Inc.: Key Developments
Table 36 COM2 Recycling Solutions: Overview
Table 37 COM2 Recycling Solutions: Product Portfolio
Table 38 COM2 Recycling Solutions: Key Developments
Table 39 Umicore: Overview
Table 40 Umicore: Product Portfolio
Table 41 Umicore: Key Developments
Table 42 East Penn Manufacturing Co: Overview
Table 43 East Penn Manufacturing Co: Product Portfolio
Table 44 East Penn Manufacturing Co: Key Developments
Table 45 Enersys: Overview
Table 46 Enersys: Product Portfolio
Table 47 Enersys: Key Developments
Table 48 Guangdong Brunp Recycling Technology Co: Overview
Table 49 Guangdong Brunp Recycling Technology Co: Product Portfolio
Table 50 Guangdong Brunp Recycling Technology Co: Key Developments
Table 51 Accurec Recycling GmbH: Overview
Table 52 Accurec Recycling GmbH: Product Portfolio
Table 53 Accurec Recycling GmbH: Key Developments

LIST OF FIGURES:
Figure 1 Global Battery Recycling Market Share, By Application, 2018 & 2026 (%)
Figure 2 Global Battery Recycling Market Share, By Chemistry, 2018 & 2026 (%)
Figure 3 Global Battery Recycling Market Share, By Region, 2018 & 2026 (%)
Figure 4 Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 5 Global Battery Recycling Market Y-o-Y Growth, By Application, 2018-2026 (%)
Figure 6 Automotive: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 7 Industrial: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 8 Consumer & Electronics: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 9 Others: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 10 Global Battery Recycling Market Y-o-Y Growth, By Chemistry, 2018-2026 (%)
Figure 11 Lithium Based Battery: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 12 Nickel Based Battery: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 13 Lead Acid Battery: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 14 Others: Global Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 15 Global Battery Recycling Market Y-o-Y Growth, By Region, 2018-2026 (%)
Figure 16 North America Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 17 North America Battery Recycling Market Share, By Application, 2018 & 2026 (%)
Figure 18 North America Battery Recycling Market Share, By Chemistry, 2018 & 2026 (%)
Figure 19 North America Battery Recycling Market Share, By Country, 2018 & 2026 (%)
Figure 20 South America Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 21 South America Battery Recycling Market Share, By Application, 2018 & 2026 (%)
Figure 22 South America Battery Recycling Market Share, By Chemistry, 2018 & 2026 (%)
Figure 23 South America Battery Recycling Market Share, By Country, 2018 & 2026 (%)
Figure 24 Europe Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 25 Europe Battery Recycling Market Share, By Application, 2018 & 2026 (%)
Figure 26 Europe Battery Recycling Market Share, By Chemistry, 2018 & 2026 (%)
Figure 27 Europe Battery Recycling Market Share, By Country, 2018 & 2026 (%)
Figure 28 Asia-Pacific Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 29 Asia-Pacific Battery Recycling Market Share, By Application, 2018 & 2026 (%)
Figure 30 Asia-Pacific Battery Recycling Market Share, By Chemistry, 2018 & 2026 (%)
Figure 31 Asia-Pacific Battery Recycling Market Share, By Country, 2018 & 2026 (%)
Figure 32 Middle East & Africa Battery Recycling Market Value, 2017-2026 (USD Million)
Figure 33 Middle East & Africa Battery Recycling Market Share, By Application, 2018 & 2026 (%)
Figure 34 Middle East & Africa Battery Recycling Market Share, By Chemistry, 2018 & 2026 (%)
Figure 35 Johnson Controls, Inc.: Financials
Figure 36 Gravita India Ltd.: Financials
Figure 37 Exide Technologies: Financials
Figure 38 Battery Solutions, Inc.: Financials
Figure 39 COM2 Recycling Solutions: Financials
Figure 40 Umicore: Financials
Figure 41 East Penn Manufacturing Co: Financials
Figure 42 Enersys: Financials
Figure 43 Guangdong Brunp Recycling Technology Co: Financials
Figure 44 Accurec Recycling GmbH: Financials
 

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