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.
The market for lithium-ion battery recycling is influenced by the rising demand for electric as well as hybrid electric vehicles where lithium-ion batteries are used extensively. Adoption of these vehicles results in a price hike of battery materials such as cobalt and lithium, hence making the recycling of lithium-ion battery industries more profitable.
The global Battery Recycling market report by Reports and Data is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Battery Recycling market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. The report analyzes the impact of the pandemic on the Battery Recycling industry and highlights its beleaguered segments. However, our analysts speculate that the market will regain traction in the post-COVID scenario.
To receive a sample of the global Battery Recycling market report, click here @ https://www.emergenresearch.com/industry-report/battery-recycling-market
Global Battery Recycling Market Report - Segmental Analysis:
The global Battery Recycling business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Battery Recycling business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
Market Segmentation by Product Type:
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
Market Segmentation by Application Type:
Application Outlook (Revenue, USD Billion; 2017-2027)
- Automotive Transportation
- Consumer Electronics
- Industrial
Key Geographies Profiled in the Report:
- North America(the U.S., Mexico, and Canada)
- Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
- Europe(the U.K., France, Germany, and Rest of Europe)
- Latin America(Brazil and Rest of Latin America)
- Middle East Africa(GCC Countries and Rest of Middle East Africa)
Competitive Outlook:
This section of the report performs a thorough investigation into the intensely competitive landscape of the global Battery Recycling market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:
Key participants include 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, among others.
Request an exclusive discount on the report @ https://www.emergenresearch.com/request-discount/43
Key Objectives of the Global Battery Recycling Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Battery Recycling market and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/battery-recycling-market
The report, additionally, presents a comprehensive analysis of the key elements of the Battery Recycling market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
Key Coverage of the Report:
- Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects
- Market segmentation by deployment type, authentication type, component, organization size, industry vertical
- Regional and country-wise market size estimation for the forecast period (2020-2027)
- Pricing strategies of the regional market players
- Demand supply gap analysis
Request customization of the market report @ https://www.emergenresearch.com/request-for-customization/43
Thank you for reading our report. To know more about the report or for any queries regarding the customization of the report, please connect with us. We will make sure our team provides the necessary assistance and designs your report according to your requirements.
Read Latest Articles Published by Emergen Research:
plant-based food beverages alternatives market
fermented food and ingredients market
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Emergen Research Media Citations: https://www.emergenresearch.com/media-citations
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Press Release Available @ https://www.emergenresearch.com/press-release/global-battery-recycling-market
