Operators in the Battery Recycling industry collect and process battery waste both for safe disposal and for the recovery of valuable materials. In response to the negative health outcomes associated with the improper disposal of battery waste, many governments have enacted legislation that mandates or encourages the recycling of discarded batteries, and demand for industry services has grown in recent years as these regulations have proliferated. As the consumption of consumer electronics continues to expand over the coming years, more used batteries are likely to enter the waste stream. Consequently, state and local regulations will expand, supporting the industry's activities and driving industry growth. Additionally, the price of virgin metals is expected to rebound over the next five years, enabling industry operators to generate significant revenue through the sale of materials recovered during the battery recycling process.
Companies in this industry primarily recycle batteries. Industry operators either collect and sort battery waste or process this collected waste for safe disposal and the recovery of valuable materials for sale to downstream manufacturers. Sales of materials recovered from batteries are included in industry revenue calculations, while the sale of products manufactured using these materials as inputs are excluded.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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