Breaking Down the $26.7 billion Battery Recycling Demand: Top 5 Consuming Countries in Focus

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Industry revenue for Battery Recycling is expected to rise to $100.2 billion by 2030 from $26.7 billion of 2023. The revenue growth of industry players is estimated to average at 20.8% annually for period 2023 to 2030.

Industry Leadership and Strategies

 

Companies such Li-Cycle, Umicore, Retriev Technologies, Redwood Materials, Call2Recycle, American Manganese, Neometals, Envirostream, Battery Solutions, TES, BYD and LG Chem are well placed in this market’s competition, which is intensely competitive at application scale.

 

Industry

Leading Battery Recycling Providers

Provider Strategies

Automotive

Umicore, Retriev Technologies, Li-Cycle

Expansion into EV recycling and partnerships with automakers

Consumer Electronics

Call2Recycle, TES, Battery Solutions

Focus on increasing collection points and enhancing recycling efficiency

Industrial

American Manganese, Envirostream

Development of new processes for greater metal recovery rates

 

Industry Transitions

 

The transition to clean energy sources has led to a growing demand, for battery storage solutions and an increased focus on recycling batteries

 

The concept of circular economy highlights the importance of repurposing materials and advocates for the recycling of batteries, as a component in sustainability initiatives within various sectors

 

Access report details here - https://datastringconsulting.com/industry-analysis/battery-recycling-market-research-report

 

Segment

Subsegment

Process

Lead-Acid

Lithium-ion

Nickel-Cadmium

Nickel-Metal Hydride

Others

Source

Automotive

Consumer Electronics

Industrial

Others

Application

Repurposing

Reprocessing

Metal Recovery

End User

Automotive

Electronics

Industrial

Energy

Others

 

 

About DataString Consulting

 

DataString Consulting offers a complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. We offer bespoke market research projects designed to meet the specific strategic objectives of the business. DataString’s leadership team has more than 30 years of combined experience in Market business research and strategy advisory across the world. DataString Consulting’s data aggregators and Industry experts monitor high growth segments within more than 15 industries on an ongoing basis.

 

DataString Consulting is a professional market research company which aims at providing all the market business research solutions under one roof. Get the right insights for your goals with our unique approach to market research and precisely tailored solutions. We offer services in strategy consulting, comprehensive opportunity assessment across various sectors, and solution-oriented approaches to solve business problems.

 

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