{"id":26671,"date":"2022-04-06T19:31:49","date_gmt":"2022-04-06T14:31:49","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=89612"},"modified":"2022-04-06T19:31:49","modified_gmt":"2022-04-06T14:31:49","slug":"detailed-qualitative-quantitative-analysis-on-battery-recycling-market","status":"publish","type":"post","link":"https:\/\/myanmarnewsgazette.com\/detailed-qualitative-quantitative-analysis-on-battery-recycling-market\/","title":{"rendered":"Detailed Qualitative & Quantitative Analysis on Battery Recycling Market"},"content":{"rendered":"

Chicago , April 06, 2022 (GLOBE NEWSWIRE) — According to the new market research report\u00a0“Battery Recycling Market<\/a>\u00a0by Chemistry, Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Region (Asia Pacific,\u00a0Europe,\u00a0North America,\u00a0South America,\u00a0Middle East\u00a0&\u00a0Africa) – Global forecast to 2025″<\/strong>,\u00a0published by MarketsandMarkets\u2122,\u00a0the Battery Recycling Market is projected to grow from\u00a0USD 17.2 billion\u00a0in 2020 to\u00a0USD 23.2 billion\u00a0by 2025, at a CAGR of 6.1% from 2020 to 2025. Rising concerns regarding depleting precious and rare earth metals, growing demand for recycled batteries and other materials, and stringent government regulations and EPA (Environmental Protection Agency) guidelines are major factors driving the growth of this market.<\/p>\n

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Browse in-depth TOC on\u00a0“Battery Recycling Market<\/strong>”<\/p>\n

120 \u2013 Market Data Tables
\n36 \u2013 Figures
\n201 \u2013 Pages<\/p>\n

By chemistry, lead-acid segment to register the highest CAGR during the forecast period.<\/strong><\/p>\n

By chemistry, the lead-acid segment is projected to register the highest CAGR from 2020 to 2025. Lead-acid is the most commonly used battery chemistry in a multitude of applications, such as back-up for uninterruptible power supplies, grid energy storage, battery-powered electric vehicles, and SLI (starting, lighting, and ignition) in conventional combustion engines. The growth of this segment is attributed mainly to the simpler, cost-effective, and energy-efficient recycling of lead-acid batteries in comparison to others, as lithium-based and nickel-based chemistries.<\/p>\n

By source, automotive batteries segment to lead the battery recycling market during the forecast period.<\/strong><\/p>\n

By source, the automotive batteries segment led the battery recycling market in 2019. This segment is also expected to witness significant growth during the forecast period owing to the rising use of automobiles and the growing number of government regulations related to battery recycling. The demand for automobile batteries has significantly increased in emerging regions, such as Asia Pacific, thereby augmenting the growth of the automotive batteries segment.<\/p>\n

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Asia Pacific to witness the highest growth rate in the battery recycling market.<\/strong><\/p>\n

The battery recycling market in Asia Pacific is projected to witness the highest CAGR from 2020 to 2025. Growing demand for electric vehicles and increasing environmental regulations have contributed to the growth of the Asia Pacific battery recycling market. In this region, the battery recycling market is majorly driven by China. Other key countries include India, Japan, and South Korea.<\/p>\n

Some of the leading players operating in the battery recycling market include Call2Recycle, Inc. (US), Battery Solutions, LLC (US), Exide Technologies (US), Umicore (Belgium), Exide Industries Ltd. (India), Contemporary Amperex Technology Co. Ltd. (CATL) (China), GEM Co., Ltd. (China), EnerSys (US), Johnson Controls International plc (US), Aqua Metals, Inc. (US), Retriev Technologies Inc. (US), Gravita India Limited (India), ECOBAT Logistics (UK), Fortum Oyj (Finland), Teck Resources Limited (Canada), American Manganese Inc. (Canada), Glencore International AG (Switzerland), TES-AMM Singapore Pte Ltd (Singapore), RSR Corporation (US), COM2 Recycling Solutions (US), East Penn Manufacturing Company, Inc. (US), The Doe Run Company (US), Raw Materials Company Inc. (RMC) (Canada), Neometals Ltd (Australia), Terrapure Environmental (Canada), and Gopher Resource LLC (US). These players have adopted the strategies of expansions, agreements, partnerships, and acquisitions to enhance their position in the market.<\/p>\n

Mr. Aashish Mehra \r\nMarketsandMarkets\u2122 INC.\r\n630 Dundee Roads\r\nSuite 430\r\nNorthbrook, IL 60062\r\nUSA: +1-888-600-6441\r\nEmail: sales@marketsandmarkets.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Chicago , April 06, 2022 (GLOBE NEWSWIRE) \u2014 According to the new market research report\u00a0\u201cBattery Recycling Market\u00a0by Chemistry, Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Region (Asia Pacific,\u00a0Europe,\u00a0North America,\u00a0South America,\u00a0Middle East\u00a0&\u00a0Africa) \u2013 Global forecast to 2025\u2033,\u00a0published by MarketsandMarkets\u2122,\u00a0the Battery Recycling Market is projected to grow from\u00a0USD 17.2 billion\u00a0in 2020 to\u00a0USD 23.2 billion\u00a0by [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"yoast_head":"\nDetailed Qualitative & Quantitative Analysis on Battery Recycling Market - Myanmar News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/myanmarnewsgazette.com\/detailed-qualitative-quantitative-analysis-on-battery-recycling-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Detailed Qualitative & Quantitative Analysis on Battery Recycling Market - 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