Chemical & Materials Trending Battery Recycling Market | Página 3

Industry Insights
❖An automotive battery is an indispensable component of the powertrain of a vehicle,
independent of the fuel used for its operation. It is used to power the electrical systems of the
vehicle when the engine is turned off. It is also used to start the engine and to provide current for
the ignition system and electric starter motor.
❖The energy from the battery is also utilized when the electric requirement of the vehicle exceeds
its alternator’s capacity. Majority of the vehicles use a 12V lead acid battery for these
applications.
❖The rise in the use of automobiles and growing number of government regulations to recycle the
batteries has fuelled the global demand for battery recycling market.
❖The growth in demand is particularly high in the emerging regions such as Asia-Pacific for
automobile batteries.
❖Industrial batteries are manufactured for industrial and professional uses. They are a rugged high-
drain standby source of power, used specifically in moving and stationary power applications,
such as telecommunications, grid-level energy storage, uninterruptible power supply, industrial
equipment, and transport infrastructure, among others.
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