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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Among the product type, the automotive batteries sub-segment is expected to hold a considerable share of the global lead acid battery recycling market. Due to their high demand, the growing number of vehicles on the road, and the requirement for dependable power sources in vehicles, passenger automobiles represent the greatest market for lead-acid batteries. Driven by the rise in vehicle demand and the necessity for dependable power systems in automobiles. In the upcoming years, the flooded lead-acid battery is anticipated to rule the automotive lead-acid battery market. Due to its low price and great energy density, this type of battery is frequently utilized in automobiles and has consistent performance, too. Lead-acid batteries that have been flooded are widely accessible and simple to replace. For Instance, in June 2023, The Schaeffler TruPower 2-Wheeler Batteries, a new product created specifically for two-wheeler applications and utilizing VRLA (Valve Regulated Lead Acid) technology to assure the trouble-free operation of the vehicle, were unveiled by Schaeffler India’s automotive aftermarket division.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Lead Acid Battery Recycling Market by Type
- Flooded Lead Acid Batteries
- Sealed Lead Acid Batteries
Global Lead Acid Battery Recycling Market by Method
- Collection and Separation
- Hydrometallurgical Process
- Pyro- metallurgical Process
- Neutralization of Acid
Global Lead Acid Battery Recycling Market by Product Type
- Automotive Batteries
- Industrial Batteries
- Consumer & Electronic Appliance Batteries
Regional Analysis
- 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
Company Profiles
- Accurec Recycling GmbH
- East Penn Manufacturing
- Eco-Bat Technologies
- Ecobat, LLC
- Enersys
- Exide Industries
- Ganfeng Lithium Group Co., Ltd.
- G&P Batteries
- Gravita India Ltd.
- Johnson Control
- Panasonic
- Pilot Industries Ltd.
- RecycLiCo Battery Materials Inc.
- Retrive Technologies Inc.
- Teledyne Technologies
- Umicore N.V.
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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