NORTH AMERICA BATTERY RECYCLING MARKET 2020-2028

Energy, Power & Utilities | Energy Storage

NORTH AMERICA BATTERY RECYCLING MARKET 2020-2028

Market By Application, Chemistry And Geography | Forecast 2020-2028

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Triton Market Research, in its report on the battery recycling market in North America, has concluded that it would grow at a CAGR of 9.82% in the estimated years between 2020 and 2028.



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The countries evaluated in the North American battery recycling market are:

           Canada

           The United States

The increasing environmental and health concerns regarding the use of batteries and their untreated disposal, the presence of battery recyclers like Call2Recycle and the extensive collection network of used batteries is expected to drive the battery recycling market in North America during the forecasting period. Specific take-back programs are introduced in North American countries like Canada to collect used batteries from retailers, collectors and other distribution centers in the country. In some parts of the region, a consumer is offered $10 to $20 per battery for returning a spent battery. These initiatives are likely to boost the battery recycling market’s growth.

Due to the vast applications of the lead-acid battery in different industries, it contributes to the major share of the battery recycling market. The ever-increasing population in the region is expected to lead to the construction of more infrastructures like offices, housing, industrial plants and educational institutions, which, in turn, is likely to push the demand for UPS in the construction sector and consequently the demand for batteries. Also, the construction industry in North America is likely to witness a substantial growth due to the demand for residential and non-residential construction projects. The growing use of batteries will lead to the need for the recycling market, thereby proliferating the battery recycling market growth.

Aqua Metal Inc is a company engaged lead recycling business through AquaRefining technology. It recycles lead-acid batteries and markets them to its customers. The company aims to develop more AquaRefining-based technology lead-acid battery recycling facilities through licensing or joint ventures. The company is headquarted in California, the US.

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Table of Content

1.    NORTH AMERICA BATTERY RECYCLING MARKET - SUMMARY     

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION     

2.2. KEY INSIGHTS      

2.2.1.   LEAD-ACID BATTERY TO DOMINATE THE MARKET

2.2.2.   TRANSPORTATION TO DOMINATE AMONGST APPLICATIONS  

2.3. PORTER’S FIVE FORCE ANALYSIS   

2.3.1.   THREAT OF NEW ENTRANTS   

2.3.2.   THREAT OF SUBSTITUTE           

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS     

2.3.5.   THREAT OF COMPETITIVE RIVALRY  

2.4. MARKET ATTRACTIVENESS INDEX  

2.5. VENDOR SCORECARD 

2.6. REGULATORY FRAMEWORK  

2.7. INDUSTRY COMPONENTS       

2.8. MARKET DRIVERS         

2.8.1. STRICT GOVERNMENT REGULATIONS AND INCREASING CONCERN ON BATTERY WASTE DISPOSAL       

2.8.2.   INCREASING ADOPTION OF ELECTRIC VEHICLES

2.9. MARKET RESTRAINTS  

2.9.1.   ADVANCEMENTS IN BATTERY TECHNOLOGIES    

2.10. MARKET OPPORTUNITIES     

2.10.1. HIGH RECYCLING GAP   

2.10.2. SUBSIDIES TO ENCOURAGE BATTERY RECYCLING        

2.10.3. DECREASING LITHIUM-ION BATTERY PRICES       

2.11. MARKET CHALLENGES          

2.11.1. HIGHER COST, LACK OF SUPPLY CHAIN AND LOW YIELD IN BATTERY RECYCLING   

2.11.2. SAFETY ISSUES RELATED TO THE STORAGE AND TRANSPORTATION OF SPENT BATTERIES       

3.    NORTH AMERICA BATTERY RECYCLING MARKET OUTLOOK - BY APPLICATION         

3.1. TRANSPORTATION         

3.2. CONSUMER ELECTRONICS    

3.3. INDUSTRIAL         

4.    NORTH AMERICA BATTERY RECYCLING MARKET OUTLOOK - BY CHEMISTRY

4.1. LITHIUM-ION         

4.2. LEAD-ACID

4.3. NICKEL       

4.4. OTHERS     

5.    NORTH AMERICA BATTERY RECYCLING MARKET – REGIONAL OUTLOOK        

5.1. UNITED STATES  

5.2. CANADA    

6.    COMPETITIVE LANDSCAPE

6.1. ACCUREC RECYCLING GMBH

6.2. AQUA METALS INC         

6.3. BATTERY RECYCLING MADE EASY

6.4. BATTERY SOLUTIONS LLC

6.5. CALL2RECYCLE INC      

6.6. ECO-BAT TECHNOLOGIES LTD          

6.7. EXIDE TECHNOLOGIES 

6.8. NEOMETALS LTD

6.9. RAW MATERIALS COMPANY   

6.10. RECUPYL

6.11. RECYLEX SA      

6.12. THE DOE RUN COMPANY      

6.13. UMICORE

6.14. GS YUASA INTERNATIONAL LTD

6.15. RETRIEV TECHNOLOGIES     

7.    METHODOLOGY & SCOPE  

7.1. RESEARCH SCOPE       

7.2. RESEARCH SCOPE & DELIVERABLES        

7.3. SOURCES OF DATA       

7.4. RESEARCH METHODOLOGY  

List of table

TABLE 1: NORTH AMERICA BATTERY RECYCLING MARKET, BY COUNTRY, 2020-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: NORTH AMERICA BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2028 (IN $ MILLION)

TABLE 5: NORTH AMERICA BATTERY RECYCLING MARKET, BY CHEMISTRY, 2020-2028 (IN $ MILLION)

TABLE 6: NORTH AMERICA BATTERY RECYCLING MARKET, BY COUNTRY, 2020-2028 (IN $ MILLION)

List of Figures

FIGURE 1: NORTH AMERICA BATTERY RECYCLING MARKET, BY LEAD-ACID, 2020-2028 (IN $ MILLION)

FIGURE 2: NORTH AMERICA BATTERY RECYCLING MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 3: PORTER’S FIVE FORCE ANALYSIS

FIGURE 4: MARKET ATTRACTIVENESS INDEX

FIGURE 5: INDUSTRY COMPONENTS

FIGURE 6: NORTH AMERICA BATTERY RECYCLING MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 7: NORTH AMERICA BATTERY RECYCLING MARKET, BY CONSUMER ELECTRONICS, 2020-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA BATTERY RECYCLING MARKET, BY INDUSTRIAL, 2020-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA BATTERY RECYCLING MARKET, BY LITHIUM-ION, 2020-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA BATTERY RECYCLING MARKET, BY LEAD-ACID, 2020-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA BATTERY RECYCLING MARKET, BY NICKEL, 2020-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA BATTERY RECYCLING MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA BATTERY RECYCLING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 14: UNITED STATES BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 15: CANADA BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

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