Lead acid battery recycling market is anticipated to grow at a CAGR of 15.7% during the forecast period (2023-2030). Recycling lead-acid batteries is a common practice in many industries, including the automotive, industrial, and renewable energy sectors. The need for lead-acid battery recycling is rising quickly in response to the expansion of electric vehicles, renewable energy facilities, and other industrial applications. By making investments in lead battery recycling facilities, businesses can grow and access new markets. For Instance, in March 2023, In order to recycle lead batteries, Gravita India invests in the construction of a lead battery recycling plant in Oman. The plant, which will be planned and built in India, will be run by GNBV and have a first-phase capacity for recycling batteries of 6,000 tonnes per year.
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The global lead acid battery recycling market is segmented by type, method, and product type. Based on the basis of type, the market is sub-segmented into flooded lead acid batteries and sealed lead acid batteries. Based on the method, the market is sub-segmented into collection and separation, hydrometallurgical process, pyro-metallurgical process, and neutralization of acid. Furthermore, on the basis of Product type, the market is sub-segmented into automotive batteries, industrial batteries, and consumer & electronic appliance batteries. Among the battery type, the flooded lead acid batteries sub-segment is anticipated to hold a considerable share of the market owing to the rise in the significant development of flooded absorbent glass mat (AGM) technology. Flooded AGM batteries have a higher energy density than traditional lead-acid batteries, as the electrolyte is absorbed into a fiberglass mat instead of being free-flowing.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Lead Acid Battery Recycling Market Report Segment
By Type
- Flooded Lead Acid Batteries
- Sealed Lead Acid Batteries
By Method
- Collection and separation
- Hydrometallurgical process
- Pyro-metallurgical process
- Neutralization of Acid
By Product Type
- Automotive Batteries
- Industrial Batteries
- Consumer & Electronic Appliance Batteries
Global Lead Acid Battery Recycling Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global lead acid battery recycling market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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