Market Overview

The Global Battery Recycling Market was valued at USD 27,536.2 million in 2023 and is expected to reach USD 61,207.1 million by 2031 while growing at a CAGR of 10.5% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global battery recycling market growth. Battery recycling involves recovering and reusing materials from used batteries, diverting them from landfills and preventing harmful substances from entering the environment. The primary goal is to extract valuable materials, like metals, and reduce the environmental impact of improper disposal.

Increasing environmental regulations and sustainability initiatives, along with rising demand for raw materials, drive the growth of the battery recycling market. However, obstacles such as technological challenges in recycling processes and limited collection infrastructure may hinder market expansion.

Furthermore, the global battery recycling industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Battery Type Analysis

The Global Battery Recycling Market is segmented among Lead-Acid Battery, Nickel Battery, Lithium-ion battery, and Other Battery Types, based on Battery Type. In 2023, Lead-Acid Battery accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Battery Recycling Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Accurec Recycling GmbH, Aqua Metals Inc., Battery Recycling Made Easy, Battery Solutions Inc., Call2Recycle Inc., Eco-Bat Technologies Ltd, Exide Technologies, Neometals Ltd, Raw Materials Company, and Recupyl SAS.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Battery Recycling Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Battery Recycling Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Battery Recycling Market Segmentation, By Battery Type  

• Global Battery Recycling Market Share Analysis, By Battery Type   

• Global Battery Recycling Market Growth Analysis, By Battery Type   

• Global Battery Recycling Market Trends, By Battery Type  

o Lead-Acid Battery

o Nickel Battery

o Lithium-ion battery

o Other Battery Types

6. Global Battery Recycling Market Segmentation, By Region

• Global Battery Recycling Market Share Analysis, By Region

• Global Battery Recycling Market Growth Analysis, By Region

• Global Battery Recycling Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Accurec Recycling GmbH*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Aqua Metals Inc.

• Battery Recycling Made Easy

• Battery Solutions Inc.

• Call2Recycle Inc.

• Eco-Bat Technologies Ltd

• Exide Technologies

• Neometals Ltd

• Raw Materials Company

• Recupyl SAS

 *Similar analysis will be provided for each company listed above.