Global Battery Recycling Market: Awareness for Energy Conservation Te oct2016 | Page 3
Battery Recycling Market
Lead Acid Batteries Recycled at Substantial Rate
The global market for battery recycling is poised to expand at a strong CAGR of 10.9% during the forecast
period. Maintaining this steady pace, the value of this market is anticipated to increase from US$7.1 bn to
US$19.9 bn from 2015 to 2024. Based on battery chemistry, lead acid batteries dominate the overall
market with a share of nearly 45% in 2014 owing to the fact that these batteries are easy to extract and
require less operational excellence. These batteries are also generated on a large scale from the
automotive industry.
This review is based on the findings of a TMR report titled “Battery Recycling Market : Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016-2024.”
Battery Recycling Market: By Battery Chemistry
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Lithium Ion
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Lead Acid
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Nickel Cadmium
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Others
Battery Recycling Market: By Spent Battery Source
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Automotive
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Electronic Appliance
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Others
Battery Recycling Market: By End-use
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Extraction of Material
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Repackaging, Reuse, and Second Life
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Disposal
Transparency Market Research
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