Industry Overview
The Secondary Battery Recycling is at USD 5.3Billion in 2019 and is expected to reach 9.8Billion by 2030. The Secondary Battery Recycling is driven by increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and global trade.Secondary Battery Recycling Market Size in (USD Billion) CAGR Growth Rate 7.50%
| Study Period | 2024-2030 |
| Market Size (2019): | 5.3Billion |
| Market Size (2030): | 9.8Billion |
| CAGR (2019 - 2030): | 7.50% |
| Fastest Growing Region | Asia-Pacific |
| Dominating Region | North America |
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The secondary battery recycling market focuses on the recovery and processing of used or spent rechargeable batteries, such as lithium-ion, nickel-cadmium, and lead-acid batteries, to extract valuable materials like lithium, cobalt, and nickel. The market is driven by the growing demand for rechargeable batteries used in consumer electronics, electric vehicles (EVs), and renewable energy storage systems. As the adoption of EVs and renewable energy technologies increases, so does the need for sustainable recycling methods to reduce waste and the environmental impact of battery disposal. Additionally, stricter regulations surrounding e-waste management and the need for a circular economy are encouraging investments in battery recycling technologies. The market growth is also fueled by advancements in recycling processes that improve efficiency and reduce costs. Recycling provides a sustainable supply of raw materials, reduces reliance on mining, and lowers environmental risks.
Competitive landscape
The key players in the Secondary Battery Recycling are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Umicore, Glencore, Retriev Technologies, G&P Batteries, Aqua Metals, TES-AMM Singapore, American Manganese, Fortum, Duesenfeld, Li-Cycle, GEM Co., Ltd., Johnson Controls, COM2 Recycling Solutions, Batrec Industrie AG, are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in chemical manufacturing processes and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the Secondary Battery Recycling , as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the Secondary Battery Recycling . Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green chemistry movement, thereby fueling market growth.
Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:- Umicore
- Glencore
- Retriev Technologies
- G&P Batteries
- Aqua Metals
- TES-AMM Singapore
- American Manganese
- Fortum
- Duesenfeld
- Li-Cycle
- GEM Co.
- Ltd.
- Johnson Controls
- COM2 Recycling Solutions
- Batrec Industrie AG
Secondary Battery Recycling Market Segmentation by Players
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Secondary Battery Recycling Dynamics
Driving FactorThe Secondary Battery Recycling is propelled by several key drivers, including the demand from diverse industrial sectors such as automotive, construction, and pharmaceuticals. Technological advancements and continuous innovation in chemical processes enhance efficiency and open new market opportunities. Economic growth, particularly in emerging markets, along with rapid urbanization and population growth, increases the need for chemicals in infrastructure and consumer goods. Additionally, stricter environmental regulations and the push for sustainable products drive the development of green chemicals. Global trade, raw material availability, and investments in research and development further shape the industry's growth, while supportive government policies and evolving consumer trends also play crucial roles.
- Development Of Advanced Recycling Technologies
- Expansion Into Emerging Markets
- Integration With Battery Manufacturing
- Customization Options
Challenge Factor
The Secondary Battery Recycling faces several challenges and restraining factors, including stringent environmental regulations that increase operational costs and complexity. Fluctuating raw material prices and availability can impact production expenses while growing health and safety concerns necessitate significant investments in compliance measures. Additionally, the push for sustainability requires costly reforms and green technologies. Economic uncertainty, supply chain disruptions, and rapid technological advancements further complicate market dynamics. Geopolitical instability and intellectual property risks also pose significant threats, while market saturation in mature regions pressures profit margins and limits growth opportunities.
- Complex Recycling Processes
- High Capital Investment
- Environmental Regulations
- Competition From Other Recycling Industries
Opportunities
The Secondary Battery Recycling presents numerous opportunities for growth and innovation. Emerging trends in sustainability offer significant prospects for developing green and eco-friendly products, which are increasingly demanded by consumers and regulated by governments. Advancements in technology, such as digitalization and automation, provide opportunities for improving efficiency and reducing costs in chemical production. Expansion into emerging markets and developing regions presents a chance for companies to tap into new customer bases and increase their market share. Additionally, ongoing investments in research and development pave the way for innovations in specialty chemicals and advanced materials. Collaborations and partnerships within the industry can also drive growth by leveraging complementary strengths and accessing new technologies and markets.
- Development Of Advanced Recycling Technologies
- Expansion Into Emerging Markets
- Integration With Battery Manufacturing
- Customization Options
Important Trend
Key trends in the Secondary Battery Recycling include a focus on sustainability and green chemistry, driven by environmental regulations and consumer demand. Digital transformation is enhancing efficiency through AI and automation, while advanced materials are being developed for various industries. The shift towards a circular economy promotes recycling and reuse, and personalized medicine is increasing demand for specialty chemicals. Investments in renewable energy create new opportunities, and emerging markets offer growth potential. Evolving regulations and consumer preferences for sustainable products are influencing innovation, and supply chain advancements are improving efficiency. These trends are reshaping the chemical industry and driving its growth.
- Recycling valuable materials
- Reduced environmental impact
- Cost reduction
- Resource conservation
Regulatory Framework
Several regulatory bodies oversee the chemical industry globally to ensure safety, environmental protection, and compliance with standards. Notable among these are the Environmental Protection Agency (EPA) in the United States, the European Chemicals Agency (ECHA) in the European Union, and the Occupational Safety and Health Administration (OSHA) in the United States. Other significant entities include the Health and Safety Executive (HSE) in the United Kingdom, the National Institute of Chemical Safety (NICS) in South Korea, and the Ministry of Environmental Protection (MEP) in China.Additionally, the National Industrial Chemicals Notification and Assessment Scheme (NICNAS) in Australia, the Japan Chemical Industry Association (JCIA), the Canadian Environmental Protection Act (CEPA), and the Central Pollution Control Board (CPCB) in India play crucial roles. These organizations establish regulations, conduct inspections, and enforce compliance to ensure the safe production, handling, and disposal of chemicals.
Regional Insight
The North America leads the market share, largely due to rising consumption, a growing population, and strong economic momentum that boosts demand. In contrast, the Asia-Pacific is emerging as the fastest-growing area, driven by rapid infrastructure development, the expansion of industrial sectors, and heightened consumer demand, making it a critical factor for future market growth. The regions covered in the report are:Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
Market Segmentation
Segmentation by Type
- Recycling industry
- Battery industry
- Sustainability
- Circular economy
Secondary Battery Recycling Market Segmentation by Type
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Segmentation by Application
- Battery industry
- Electronics industry
- Automotive industry
- Renewable energy industry
- Waste management
Secondary Battery Recycling Market Segmentation by Application
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Research Methodology
The research methodology involves several key steps to ensure comprehensive and accurate insights. First, the objectives of the research are clearly defined, focusing on aspects such as market size, growth trends, and competitive dynamics. Data collection is conducted through both primary and secondary methods. Primary research includes interviews with industry experts, surveys, and focus groups to gather first-hand information, while secondary research involves analyzing existing reports, government publications, and company filings.The collected data is then subjected to rigorous analysis, with quantitative methods used to evaluate market size and trends, and qualitative methods applied to understand industry dynamics and consumer behavior. Findings are compiled into a detailed report featuring key insights, data visualizations, and strategic recommendations. Validation is achieved through data verification and peer reviews to ensure accuracy.
Finally, the research concludes with actionable insights and recommendations, along with suggestions for future studies to address emerging trends and gaps. This methodology provides a structured approach to understanding the {keywords} and guiding strategic decisions.
Report Details
| Report Features | Details |
| Base Year | 2019 |
| Based Year Market Size (2019) | 5.3Billion |
| Historical Period | 2024 to 2019 |
| CAGR (2019 to 2030) | 7.50% |
| Forecast Period | 2025 to 2030 |
| Forecasted Period Market Size (2030) | 9.8Billion |
| Scope of the Report | Recycling industry, Battery industry, Sustainability, Circular economy, Battery industry, Electronics industry, Automotive industry, Renewable energy industry, Waste management |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | Umicore, Glencore, Retriev Technologies, G&P Batteries, Aqua Metals, TES-AMM Singapore, American Manganese, Fortum, Duesenfeld, Li-Cycle, GEM Co., Ltd., Johnson Controls, COM2 Recycling Solutions, Batrec Industrie AG |
| Customization Scope | 15% Free Customization |
| Delivery Format | PDF and Excel through Email |
Secondary Battery Recycling - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Secondary Battery Recycling Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Secondary Battery Recycling Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Secondary Battery Recycling Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Development of advanced recycling technologies
- 3.1.2 Expansion into emerging markets
- 3.1.3 Integration with battery manufacturing
- 3.1.4 Customization options
-
3.2 Available Opportunities
- 3.2.1 Development of advanced recycling technologies
- 3.2.2 Expansion into emerging markets
- 3.2.3 Integration with battery manufacturing
-
3.3 Influencing Trends
- 3.3.1 Recycling valuable materials
- 3.3.2 Reduced environmental impact
- 3.3.3 Cost reduction
- 3.3.4 Resource conservation
- 3.3.5 Sustainable practice
-
3.4 Challenges
- 3.4.1 Complex recycling processes
- 3.4.2 High capital investment
- 3.4.3 Environmental regulations
- 3.4.4 Competition from other recycling indus
- 3.5 Regional Dynamics
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Chapter 4 : Global Secondary Battery Recycling Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Secondary Battery Recycling Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Secondary Battery Recycling : Competition Benchmarking & Performance Evaluation
- 5.1 Global Secondary Battery Recycling Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Secondary Battery Recycling Revenue 2019
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 Strategic Group Analysis
- 5.5 5C’s Analysis
Chapter 6: Global Secondary Battery Recycling Market: Company Profiles
- 6.1 Umicore
- 6.1.1 Umicore Company Overview
- 6.1.2 Umicore Product/Service Portfolio & Specifications
- 6.1.3 Umicore Key Financial Metrics
- 6.1.4 Umicore SWOT Analysis
- 6.1.5 Umicore Development Activities
- 6.2 Glencore
- 6.3 Retriev Technologies
- 6.4 G&P Batteries
- 6.5 Aqua Metals
- 6.6 TES-AMM Singapore
- 6.7 American Manganese
- 6.8 Fortum
- 6.9 Duesenfeld
- 6.10 Li-Cycle
- 6.11 GEM Co.
- 6.12 Ltd.
- 6.13 Johnson Controls
- 6.14 COM2 Recycling Solutions
- 6.15 Batrec Industrie AG
- 6.16 Redux Recycling GmbH
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Chapter 7 : Global Secondary Battery Recycling by Type & Application (2024-2030)
-
7.1 Global Secondary Battery Recycling Market Revenue Analysis (USD Million) by Type (2024-2019)
- 7.1.1 Recycling Industry
- 7.1.2 Battery Industry
- 7.1.3 Sustainability
- 7.1.4 Circular Economy
- 7.1.5 Environmental Protection
-
7.2 Global Secondary Battery Recycling Market Revenue Analysis (USD Million) by Application (2024-2019)
- 7.2.1 Battery Industry
- 7.2.2 Electronics Industry
- 7.2.3 Automotive Industry
- 7.2.4 Renewable Energy Industry
- 7.2.5 Waste Management
- 7.3 Global Secondary Battery Recycling Market Revenue Analysis (USD Million) by Type (2019-2030)
- 7.4 Global Secondary Battery Recycling Market Revenue Analysis (USD Million) by Application (2019-2030)
Chapter 8 : North America Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 8.1 North America Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 8.2.1 Recycling Industry
- 8.2.2 Battery Industry
- 8.2.3 Sustainability
- 8.2.4 Circular Economy
- 8.2.5 Environmental Protection
-
8.3 North America Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 8.3.1 Battery Industry
- 8.3.2 Electronics Industry
- 8.3.3 Automotive Industry
- 8.3.4 Renewable Energy Industry
- 8.3.5 Waste Management
- 8.4 North America Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 8.5 North America Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 8.6 North America Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
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Chapter 9 : LATAM Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 9.1 LATAM Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 9.2.1 Recycling Industry
- 9.2.2 Battery Industry
- 9.2.3 Sustainability
- 9.2.4 Circular Economy
- 9.2.5 Environmental Protection
-
9.3 LATAM Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 9.3.1 Battery Industry
- 9.3.2 Electronics Industry
- 9.3.3 Automotive Industry
- 9.3.4 Renewable Energy Industry
- 9.3.5 Waste Management
- 9.4 LATAM Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 9.5 LATAM Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 9.6 LATAM Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 10 : West Europe Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 10.1 West Europe Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 10.2.1 Recycling Industry
- 10.2.2 Battery Industry
- 10.2.3 Sustainability
- 10.2.4 Circular Economy
- 10.2.5 Environmental Protection
-
10.3 West Europe Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 10.3.1 Battery Industry
- 10.3.2 Electronics Industry
- 10.3.3 Automotive Industry
- 10.3.4 Renewable Energy Industry
- 10.3.5 Waste Management
- 10.4 West Europe Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 10.5 West Europe Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 10.6 West Europe Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 11 : Central & Eastern Europe Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 11.2.1 Recycling Industry
- 11.2.2 Battery Industry
- 11.2.3 Sustainability
- 11.2.4 Circular Economy
- 11.2.5 Environmental Protection
-
11.3 Central & Eastern Europe Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 11.3.1 Battery Industry
- 11.3.2 Electronics Industry
- 11.3.3 Automotive Industry
- 11.3.4 Renewable Energy Industry
- 11.3.5 Waste Management
- 11.4 Central & Eastern Europe Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 11.5 Central & Eastern Europe Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 11.6 Central & Eastern Europe Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 12 : Northern Europe Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 12.2.1 Recycling Industry
- 12.2.2 Battery Industry
- 12.2.3 Sustainability
- 12.2.4 Circular Economy
- 12.2.5 Environmental Protection
-
12.3 Northern Europe Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 12.3.1 Battery Industry
- 12.3.2 Electronics Industry
- 12.3.3 Automotive Industry
- 12.3.4 Renewable Energy Industry
- 12.3.5 Waste Management
- 12.4 Northern Europe Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 12.5 Northern Europe Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 12.6 Northern Europe Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 13 : Southern Europe Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 13.2.1 Recycling Industry
- 13.2.2 Battery Industry
- 13.2.3 Sustainability
- 13.2.4 Circular Economy
- 13.2.5 Environmental Protection
-
13.3 Southern Europe Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 13.3.1 Battery Industry
- 13.3.2 Electronics Industry
- 13.3.3 Automotive Industry
- 13.3.4 Renewable Energy Industry
- 13.3.5 Waste Management
- 13.4 Southern Europe Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 13.5 Southern Europe Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 13.6 Southern Europe Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 14 : East Asia Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 14.1 East Asia Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 14.2.1 Recycling Industry
- 14.2.2 Battery Industry
- 14.2.3 Sustainability
- 14.2.4 Circular Economy
- 14.2.5 Environmental Protection
-
14.3 East Asia Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 14.3.1 Battery Industry
- 14.3.2 Electronics Industry
- 14.3.3 Automotive Industry
- 14.3.4 Renewable Energy Industry
- 14.3.5 Waste Management
- 14.4 East Asia Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 14.5 East Asia Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 14.6 East Asia Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 15 : Southeast Asia Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 15.2.1 Recycling Industry
- 15.2.2 Battery Industry
- 15.2.3 Sustainability
- 15.2.4 Circular Economy
- 15.2.5 Environmental Protection
-
15.3 Southeast Asia Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 15.3.1 Battery Industry
- 15.3.2 Electronics Industry
- 15.3.3 Automotive Industry
- 15.3.4 Renewable Energy Industry
- 15.3.5 Waste Management
- 15.4 Southeast Asia Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 15.5 Southeast Asia Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 15.6 Southeast Asia Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 16 : South Asia Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 16.1 South Asia Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 16.2.1 Recycling Industry
- 16.2.2 Battery Industry
- 16.2.3 Sustainability
- 16.2.4 Circular Economy
- 16.2.5 Environmental Protection
-
16.3 South Asia Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 16.3.1 Battery Industry
- 16.3.2 Electronics Industry
- 16.3.3 Automotive Industry
- 16.3.4 Renewable Energy Industry
- 16.3.5 Waste Management
- 16.4 South Asia Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 16.5 South Asia Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 16.6 South Asia Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 17 : Central Asia Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 17.1 Central Asia Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 17.2.1 Recycling Industry
- 17.2.2 Battery Industry
- 17.2.3 Sustainability
- 17.2.4 Circular Economy
- 17.2.5 Environmental Protection
-
17.3 Central Asia Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 17.3.1 Battery Industry
- 17.3.2 Electronics Industry
- 17.3.3 Automotive Industry
- 17.3.4 Renewable Energy Industry
- 17.3.5 Waste Management
- 17.4 Central Asia Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 17.5 Central Asia Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 17.6 Central Asia Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 18 : Oceania Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 18.1 Oceania Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 18.2.1 Recycling Industry
- 18.2.2 Battery Industry
- 18.2.3 Sustainability
- 18.2.4 Circular Economy
- 18.2.5 Environmental Protection
-
18.3 Oceania Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 18.3.1 Battery Industry
- 18.3.2 Electronics Industry
- 18.3.3 Automotive Industry
- 18.3.4 Renewable Energy Industry
- 18.3.5 Waste Management
- 18.4 Oceania Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 18.5 Oceania Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 18.6 Oceania Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 19 : MEA Secondary Battery Recycling Market Breakdown by Country, Type & Application
- 19.1 MEA Secondary Battery Recycling Market by Country (USD Million) [2024-2019]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Secondary Battery Recycling Market by Type (USD Million) [2024-2019]
- 19.2.1 Recycling Industry
- 19.2.2 Battery Industry
- 19.2.3 Sustainability
- 19.2.4 Circular Economy
- 19.2.5 Environmental Protection
-
19.3 MEA Secondary Battery Recycling Market by Application (USD Million) [2024-2019]
- 19.3.1 Battery Industry
- 19.3.2 Electronics Industry
- 19.3.3 Automotive Industry
- 19.3.4 Renewable Energy Industry
- 19.3.5 Waste Management
- 19.4 MEA Secondary Battery Recycling Market by Country (USD Million) [2020-2030]
- 19.5 MEA Secondary Battery Recycling Market by Type (USD Million) [2020-2030]
- 19.6 MEA Secondary Battery Recycling Market by Application (USD Million) [2020-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Secondary Battery Recycling market size surpassed 5.3 billion in 2019 and will expand at a CAGR of 7.50% between 2019 and 2030.
The Secondary Battery Recycling Market is predicted to grow at a CAGR of 7.50%.
Recycling Valuable Materials, Reduced Environmental Impact, Cost Reduction, Resource Conservation, Sustainable Practices are seen to make big Impact on Secondary Battery Recycling Market Growth.
The leaders in the Global Secondary Battery Recycling Market such as Umicore, Glencore, Retriev Technologies, G&P Batteries, Aqua Metals, TES-AMM Singapore, American Manganese, Fortum, Duesenfeld, Li-Cycle, GEM Co., Ltd., Johnson Controls, COM2 Recycling Solutions, Batrec Industrie AG, Redux Recycling GmbH are targeting innovative and differentiated growth drivers some of them are Development Of Advanced Recycling Technologies, Expansion Into Emerging Markets, Integration With Battery Manufacturing, Customization Options, Sustainable Recycling Processes
As Industry players prepare to scale up, Secondary Battery Recycling Market sees major concern such as Complex Recycling Processes, High Capital Investment, Environmental Regulations, Competition From Other Recycling Industries, Technological Advancements.
The market opportunity is clear from the flow of investment into Global Secondary Battery Recycling Market, some of them are Development Of Advanced Recycling Technologies, Expansion Into Emerging Markets, Integration With Battery Manufacturing, Customization Options, Sustainable Recycling Processes.
Secondary Battery Recycling Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Umicore, Glencore, Retriev Technologies, G&P Batteries, Aqua Metals, TES-AMM Singapore, American Manganese, Fortum, Duesenfeld, Li-Cycle, GEM Co., Ltd., Johnson Controls, COM2 Recycling Solutions, Batrec Industrie AG, Redux Recycling GmbH.
The Global Secondary Battery Recycling Market Study is Broken down by applications such as Battery industry, Electronics industry, Automotive industry, Renewable energy industry, Waste management.
The Global Secondary Battery Recycling Market Study is segmented by Recycling industry, Battery industry, Sustainability, Circular economy, Environmental protection.
The Global Secondary Battery Recycling Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2024 - Base year: 2019. Forecast period**: 2025 to 2030 [** unless otherwise stated]
The secondary battery recycling market focuses on the recovery and processing of used or spent rechargeable batteries, such as lithium-ion, nickel-cadmium, and lead-acid batteries, to extract valuable materials like lithium, cobalt, and nickel. The market is driven by the growing demand for rechargeable batteries used in consumer electronics, electric vehicles (EVs), and renewable energy storage systems. As the adoption of EVs and renewable energy technologies increases, so does the need for sustainable recycling methods to reduce waste and the environmental impact of battery disposal. Additionally, stricter regulations surrounding e-waste management and the need for a circular economy are encouraging investments in battery recycling technologies. The market growth is also fueled by advancements in recycling processes that improve efficiency and reduce costs. Recycling provides a sustainable supply of raw materials, reduces reliance on mining, and lowers environmental risks.
