LONDON--(BUSINESS WIRE)--Technavio forecast the global primary battery recycling market is expected to grow by USD 62.77 million during 2021-2025 as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 8%.
For the Right Perspective & Competitive Insights. Make confident decisions using our benchmarks and analysis. Download Free Sample Report in Minutes
Read the 120-page report with TOC on "Primary Battery Recycling Market Analysis Report by Technology (Alkaline, Primary lithium, and Others) and Geography (Europe and ROW), and the Segment Forecasts, 2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/primary-battery-recycling-market-industry-analysis
The primary battery recycling market is driven by the self-sufficiency of raw materials. In addition, the increasing urbanization in emerging markets is anticipated to boost the growth of the primary battery recycling market.
The supply of critical raw materials can be ensured by sourcing from other countries, developing domestic sourcing, or promoting the recycling of used/scrap batteries. Raw materials such as natural graphite, manganese, and nickel are required for battery manufacturing, which is highly concentrated in a few countries. Promoting the recycling of used batteries decreases the dependency of countries with high battery consumption on other nations. European countries are catering to the high demand for secondary metal by recycling used primary batteries. To attain self-sustainability, recycling of used batteries remains a necessary step, which is driving the growth of the global primary battery recycling market during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Major Five Primary Battery Recycling Companies:
Battery Solutions LLC
Battery Solutions LLC operates the business through the Unified segment. The company provides battery recycling services for primary batteries.
Call2Recycle Inc. operates the business through the Unified segment. The company recycles dry-cell single-use alkaline and primary lithium batteries weighing up to 11 lbs.
COREPILE operates the business through the Unified segment. The company recycles alkaline batteries and reuses the metals in different applications.
Ecocycle operates the business through the Unified segment. The company recycles only different types of batteries.
EnerSys operates the business through Motive power and Reserve power. The company recycles primary batteries.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Primary Battery Recycling Market Technology Outlook (Revenue, USD Million, 2020-2025)
- Alkaline - size and forecast 2020-2025
- Primary lithium - size and forecast 2020-2025
- Others - size and forecast 2020-2025
Primary Battery Recycling Market Geography Outlook (Revenue, USD Million, 2020-2025)
- Europe - size and forecast 2020-2025
- ROW - size and forecast 2020-2025
Are you a start-up willing to make it big in the business? Grab an exclusive Report
Related Reports on Utilities Include:
Global Laminate Lithium-Ion Battery Market - The laminate lithium-ion battery market is segmented by application (consumer electronics, automotive, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. Click Here to Get an Exclusive Free Sample Report
Global Lithium-Ion Battery Separator Market - The lithium-ion battery (LIB) separator market is segmented by application (automotive and non-automotive), geography (APAC, Europe, North America, MEA, and South America), and key vendors. Click Here to Get an Exclusive Free Sample Report
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.