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Global Secondary Battery Recycling Market 2019-2023

Global Secondary Battery Recycling Market 2019-2023

About Secondary Battery Recycling

Battery recycling is a process that helps reduce the number of batteries being disposed as municipal solid waste. Secondary batteries should be disposed properly, as they comprise several heavy metals and toxic chemicals.

Technavio’s analysts forecast the global secondary battery recycling market to grow at a CAGR of 7.65% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global secondary battery recycling market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of secondary battery recycling in different battery type

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Secondary Battery Recycling Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Battery Solutions
  • Call2Recycle
  • Exide Technologies
  • Gravita India
  • Johnson Controls
Market driver
  • Increase in number of drought-prone areas
  • For a full, detailed list, view our report
Market challenge
  • Complexities of managing battery recycling facilities
  • For a full, detailed list, view our report
Market trend
  • Declining lithium-ion battery prices
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Secondary Battery Recycling Market 2019-2023

Technavio recognizes the following companies as the key players in the global secondary battery recycling market: Battery Solutions, Call2Recycle, Exide Technologies, Gravita India, Johnson Controls.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the rising stewardship collaboration for battery recycling. The stewardship collaborations will increase awareness about the need for recycling both primary and secondary batteries, thereby driving the market.”

According to the report, one of the major drivers for this market is the self- sustainability of battery raw materials. The countries like Europe, are meeting large number of their secondary metal demands through recycling the used- batteries. It has been achieved by setting multiple regulations and policies by the member nations of the EU. Therefore, to attain self- sustainability, the recycling of used- batteries remains necessary.

Further, the report states that one of the major factors hindering the growth of this market is the logistical issues associated with battery recycling. The recovered metals and other minerals from the recycled batteries do not yield high- profit margins. Logistical issues associated with battery recycling affect the growth of the global secondary battery recycling market.

Companies Mentioned

Battery Solutions

Call2Recycle

Exide Technologies

Gravita India

Johnson Controls

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global battery recycling market
      • Table Segments of global battery recycling market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by battery type
    • Table Battery type - Market share 2018-2023 (%)
    • Comparison by battery type
      • Table Comparison by battery type
    • Lead-acid - Market size and forecast 2018-2023
      • Table Lead-acid - Market size and forecast 2018-2023 ($ millions)
      • Table Lead-acid - Year-over-year growth 2019-2023 (%)
    • Lithium-ion - Market size and forecast 2018-2023
      • Table Lithium-ion - Market size and forecast 2018-2023 ($ millions)
      • Table Lithium-ion - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by battery type
      • Table Market opportunity by battery type
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Rising stewardship collaboration for battery recycling
    • Rising electric vehicle adoption
    • Declining lithium-ion battery prices
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Battery Solutions
      • Table Battery Solutions - Vendor overview
      • Table Battery Solutions - Organizational developments
      • Table Battery Solutions - Key offerings
    • Call2Recycle
      • Table Call2Recycle - Vendor overview
      • Table Call2Recycle - Organizational developments
      • Table Call2Recycle - Key offerings
    • Exide Technologies
      • Table Exide Technologies - Vendor overview
      • Table Exide Technologies - Organizational developments
      • Table Exide Technologies - Key offerings
    • Gravita India
      • Table Gravita India - Vendor overview
      • Table Gravita India - Business segments
      • Table Gravita India - Organizational developments
      • Table Gravita India - Geographic focus
      • Table Gravita India - Segment focus
      • Table Gravita India - Key offerings
    • Johnson Controls
      • Table Johnson Controls - Vendor overview
      • Table Johnson Controls - Business segments
      • Table Johnson Controls - Organizational developments
      • Table Johnson Controls - Geographic focus
      • Table Johnson Controls - Segment focus
      • Table Johnson Controls - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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