Chemical & Materials Trending Battery Recycling Market | Seite 3

Drivers & Restrain
• The market is expected to witness growth in the coming years, owing to the large number of
batteries in-use and strong demand from the replacement market.
• Extraction of the used battery for its raw materials coupled with the stringent environmental
regulations imposed by the local and national governments has spurred growth in the battery
recycling market.
• Stringent government regulations to control environmental hazards during battery manufacturing
and disposal are driving the growth of the battery recycling market. Industry.
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