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Battery recycling market size-16.19 billion US dollars in 2019, battery recycling market growth-compound annual growth rate of 5.3%, industry trend-growth in the automotive industry
Vancouver, British Columbia, Canada, November 12, 2021/EINPresswire.com/-- Emergen Research’s latest research report, titled "Global Battery Recycling Market-Forecast to 2027", requires an overview of the current status of the global battery recycling market and A comprehensive review of the trend in the future.
The surge in demand for recycled products is an important factor driving market demand.
According to a new report from Emergen Research, by 2027, the global battery recycling market is expected to reach USD 24.57 billion. The lithium-ion battery recycling market is affected by the growing demand for electric vehicles and hybrid vehicles that widely use lithium-ion batteries. The adoption of these vehicles has led to an increase in the price of battery materials such as cobalt and lithium, making recycling in the lithium-ion battery industry more profitable.
The report contains unbiased industry expert opinions on current market conditions, past market performance, production and consumption rates, demand and supply ratios, and revenue generation forecasts for the estimated period. In addition, our team of analysts has implemented a variety of analysis tools such as investment evaluation, SWOT analysis, and Porter’s five forces analysis to evaluate the production and distribution capabilities of battery recycling market participants.
For more details, please get the free sample page of this research report @ https://www.emergenresearch.com/request-sample/43
The battery recycling report further clarifies the strategic initiatives and business expansion plans of major companies operating in the battery recycling industry. The report assesses strategies such as mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, branding and product launches.
Summarizing all the above, the report provides a panoramic view of the battery recycling market in the global and regional markets, and is supported by key statistics and industry-verified facts.
Major participants include Ecobat Logistics, East Penn Manufacturing Company Inc., Gopher Resource LLC, Retriev Technoloies Inc., Battery Solutions Inc., RSR Corporation, Glencore International AG, Fortum Oyj, Call2Recycle Inc. and Doe Run Company.
Elements analyzed in the report:
The Global Battery Recycling Market Report provides a detailed analysis of different elements of the industry, such as product development and technological progress, product types, applications, and major expansion strategies adopted by well-known companies. The evaluation is based on primary and secondary research, with special attention to technological advancements, prominent industry players and suppliers, and distributors operating in the industry. The battery recycling report is developed to help readers better understand the overall market and make wise decisions.
Main highlights of the report
In terms of type, lead-acid batteries will dominate the market in 2019. Due to the advantages of providing better corrosion resistance and gas, overcharge and self-discharge protection, as well as cost and energy, these batteries are used efficiently by multiple end users. From the perspective of processing status, the market for material extraction in 2019 is very large. The existing battery recycling rate depends to a large extent on the type and usage of the battery, as well as the availability of raw material extraction technology. In terms of applications, consumer electronics products ranked second in market share in 2019. The growing demand for laptops, UPS, smart devices, and other consumer electronic devices that require batteries for operation and/or portability is driving the need for battery recycling. The North American market accounted for the second largest market share in 2019 and is expected to grow at a rate of 4.8% during the forecast period. The high demand in the region is due to the increasing adoption of electric vehicles, especially in the United States. The government's environmental concerns about the health hazards of lithium-ion batteries are greatly promoting the battery recycling market. Purchase an exclusive copy @ https://www.emergenresearch.com/select-license/43
The global battery recycling market has been divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa based on major geographic regions. It evaluates the existence of the global battery recycling market in major regions from key factors such as market share, market size, revenue contribution, sales network and distribution channels.
Conduct SWOT analysis on leading companies engaged in the battery recycling market to better understand the advantages, opportunities, disadvantages and threats of leading companies. It also includes production and consumption rates, price and demand fluctuations, market share, market size, global position and the market position of each participant.
Type outlook (revenue, billion US dollars; 2017-2027) Lithium-based nickel-based lead acid other battery recycling outlook (revenue, billion US dollars; 2017-2027) Extracted material reuse, repackaging and secondary life processing application prospects (income ), Billion U.S. dollars; 2017-2027) Automotive and Transportation Consumer Electronics Industry Global Sensor Fusion Market Report – Table of Contents:
1.1 Research Scope 1.2 Key Sensor Fusion Market Segmentation 1.3 Target Participants 1.4 Market Analysis by Type 1.5 Market Analysis by Application 1.6 Main Learning Objectives 1.7 Reporting Timeline 2. Global Growth Trends
2.1 The scale of the global sensor fusion market 2.2 The latest trends in the sensor fusion market by region 2.3 Major enterprise trends 3. The global sensor fusion market share of major players
3.1 Global sensor fusion market scale by manufacturer 3.2 Major players in the global sensor fusion market 3.3 Products/solutions/services of major players 3.4 New entrants in the sensor fusion market 3.5 Mergers, acquisitions, joint ventures and expansion plans 4. Global sensor fusion Market by product category
4.1 Global Sensor Fusion Sales by Product 4.2 Global Sensor Fusion by Product Revenue Read the full report released by Emergen Research@ https://www.emergenresearch.com/industry-report/battery-recycling-market
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