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Primary Battery Recycling Trends and Forecast
The future of the global primary battery recycling market looks promising with opportunities in the consumer electronic, automotive, and industrial markets. The global primary battery recycling market is expected to reach an estimated $25.0 billion by 2030 with a CAGR of 13.2% from 2024 to 2030. The major drivers for this market are growing demand for renewable electricity, increasing demand for portable electronic devices, and advancements in battery recycling technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Primary Battery Recycling by Segment
The study includes a forecast for the global primary battery recycling by type, application, and region.
Primary Battery Recycling Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Wet Primary Battery Recycling
• Dry Primary Battery Recycling
Primary Battery Recycling Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Consumer Electronics
• Automotive
• Industrial
• Others
Primary Battery Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Primary Battery Recycling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies primary battery recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the primary battery recycling companies profiled in this report include-
• Umicore
• Retriev Technologies
• Raw Materials
• Glencore International
• American Manganese
• American Zinc Recycling
• SITRASA
• Neometals
• Li-Cycle
• Metal Conversion Technologies
Primary Battery Recycling Market Insights
Lucintel forecasts that wet is expected to witness the higher growth over the forecast period due to its widespread use in aviation, electric utilities, cell phone towers.
Within this market, consumer electronic will remain the largest segment due to increased demand for batteries among various gadgets, such as smartphones, laptops, and other electronic devices.
Europe is expected to witness highest growth over the forecast period.
Features of the Global Primary Battery Recycling Market
Market Size Estimates: Primary battery recycling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Primary battery recycling market size by type, application, and region in terms of value ($B).
Regional Analysis: Primary battery recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the primary battery recycling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the primary battery recycling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the primary battery recycling market size?
Answer: The global primary battery recycling market is expected to reach an estimated $25.0 billion by 2030.
Q2. What is the growth forecast for primary battery recycling market?
Answer: The global primary battery recycling market is expected to grow with a CAGR of 13.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the primary battery recycling market?
Answer: The major drivers for this market are growing demand for renewable electricity, increasing demand for portable electronic devices, and advancements in battery recycling technologies.
Q4. What are the major segments for primary battery recycling market?
Answer: The future of the primary battery recycling market looks promising with opportunities in the consumer electronic, automotive, and industrial markets.
Q5. Who are the key primary battery recycling market companies?
Answer: Some of the key primary battery recycling companies are as follows:
• Umicore
• Retriev Technologies
• Raw Materials
• Glencore International
• American Manganese
• American Zinc Recycling
• SITRASA
• Neometals
• Li-Cycle
• Metal Conversion Technologies
Q6. Which primary battery recycling market segment will be the largest in future?
Answer: Lucintel forecasts that wet is expected to witness the higher growth over the forecast period due to its widespread use in aviation, electric utilities, cell phone towers.
Q7. In primary battery recycling market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the primary battery recycling market by type (wet primary battery recycling and dry primary battery recycling), application (consumer electronics, automotive, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Primary Battery Recycling Market, Primary Battery Recycling Market Size, Primary Battery Recycling Market Growth, Primary Battery Recycling Market Analysis, Primary Battery Recycling Market Report, Primary Battery Recycling Market Share, Primary Battery Recycling Market Trends, Primary Battery Recycling Market Forecast, Primary Battery Recycling Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Primary Battery Recycling Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Primary Battery Recycling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Primary Battery Recycling Market by Type
3.3.1: Wet Primary Battery Recycling
3.3.2: Dry Primary Battery Recycling
3.4: Global Primary Battery Recycling Market by Application
3.4.1: Consumer Electronics
3.4.2: Automotive
3.4.3: Industrial
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Primary Battery Recycling Market by Region
4.2: North American Primary Battery Recycling Market
4.2.2: North American Primary Battery Recycling Market by Application: Consumer Electronics, Automotive, Industrial, and Others
4.3: European Primary Battery Recycling Market
4.3.1: European Primary Battery Recycling Market by Type: Wet Primary Battery Recycling and Dry Primary Battery Recycling
4.3.2: European Primary Battery Recycling Market by Application: Consumer Electronics, Automotive, Industrial, and Others
4.4: APAC Primary Battery Recycling Market
4.4.1: APAC Primary Battery Recycling Market by Type: Wet Primary Battery Recycling and Dry Primary Battery Recycling
4.4.2: APAC Primary Battery Recycling Market by Application: Consumer Electronics, Automotive, Industrial, and Others
4.5: ROW Primary Battery Recycling Market
4.5.1: ROW Primary Battery Recycling Market by Type: Wet Primary Battery Recycling and Dry Primary Battery Recycling
4.5.2: ROW Primary Battery Recycling Market by Application: Consumer Electronics, Automotive, Industrial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Primary Battery Recycling Market by Type
6.1.2: Growth Opportunities for the Global Primary Battery Recycling Market by Application
6.1.3: Growth Opportunities for the Global Primary Battery Recycling Market by Region
6.2: Emerging Trends in the Global Primary Battery Recycling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Primary Battery Recycling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Primary Battery Recycling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Umicore
7.2: Retriev Technologies
7.3: Raw Materials
7.4: Glencore International
7.5: American Manganese
7.6: American Zinc Recycling
7.7: SITRASA
7.8: Neometals
7.9: Li-Cycle
7.10: Metal Conversion Technologies
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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