Market Revenue Battery Recycling Industry Key Opportunities

Based on chemistry, battery recycling market is segmented into lithium ion, lead acid and Nickel Cadmium (Ni- Cd). Based on end-use, the classification comprises extraction of material, repackaging, reuse and second life, disposal. Region-wise segmentation includes North America, Europe, Asia Pacific, MEA and Latin America. The automotive sector in battery recycling market continues to enjoy wide popularity in the spent battery source segment during the forecast period and hence is a confirmed market leader in the battery recycling market. A proportionately high figure of lead acid batteries conventionally employed in vehicles and displaying a pre- disposition towards the recycling industry has given rise to battery recycling market which has boosted the market. As a news article dated Jul 2016 puts, a record 7.3 million pounds worth of single use and rechargeable batteries have been recycled in 2016. This corresponds to an excess of 115 million batteries being diverted from Canadian and U.S landfills and being put to recycle over the past 20 years. As news article dated Mar 2016 puts in print, the actual amount of waste batteries collected in 2015 exceeded 14,879 tons and a significant drop is observed in last quarter of the year totaling 4,022 tons. The amount noticed was in a ratio of 2507 tons for lead acid batteries to 125 tons with Ni-Cd batteries. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/battery-recycling-market The news also lets out that recycling target can be attached to only portable batteries and UK has significantly raised the portability bar to 4Kg and in accordance with this stipulation, waste batteries weighing more than 4Kg cannot be termed as portable. The key industry players include battery Solutions LLC, Call2Recycle, Inc., EastPenn Manufacturing Co, EnerSys, Exide Technologies, G and P Batteries, Gravita India Ltd., Johnson Controls, Inc., Retriev Technologies, Inc., and UmiCore N.V. Market Segment: Chemistry Outlook (Revenue, USD Million; 2014 - 2025) • Lithium-ion • Lead acid • Nickle • Others Application Outlook (Revenue, USD Million; 2014 - 2025) • Transportation • Consumer electronics • Industrial

Market Revenue Battery Recycling Industry Key Opportunities | Page 2