The global demand for Lead-Acid Battery Scrap Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Lead-acid batteries are considered as the oldest rechargeable batteries. It is one of the most popular methods ideal for providing power to several applications. For example, mostly automobile batteries are lead acid batteries. The lead-acid batteries contain lead dioxide, metallic lead, sulfuric acid, and lead sulfate. Lead is extensively used in batteries all across the world. So lead battery scraps are utilized to obtain lead to reuse through the process of recycling. It depends on the type of battery. The recycling of lead batteries creates a massive opportunity and leads to advancements in battery recycling technologies.
Market Dynamics
The ever increasing demand due to high-recyclable value and versatile applications in various industries such as the electric power industry, automotive, and the telecom sector is the primary factor driving the lead-acid battery scrap market. The growing demand for UPS in the chemicals industry, banking, and oil and gas industry contributes to the lead-acid battery scrap market's growth. Also, the growing automotive production globally is positively impacting the lead-acid battery scrap market's growth. Moreover, the rising government focus towards transportation that does not hurt the environment and surge in adoption of electric vehicles is likely to create beneficial growth opportunities for key players of the lead-acid battery scrap market in the coming years.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of lead-acid battery scrap.
Market Segmentation
This section of the lead-acid battery scrap market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service..
By Battery
By Product
- Lead
- Sulfuric Acid
- Others
By Source
- Motor Vehicles
- UPS
- Telecom Stations
- Electric Power Industries
- Watercraft
- Aircraft
- Military
- Oil and Gas Industries
- Stand-alone Systems
- Others
By Method
- Collection & Segregation
- Pyrometallurgical Treatment
- Hydrometallurgical Treatment
- Neutralization of Acid
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Lead-Acid Battery Scrap market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Lead-Acid Battery Scrap Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the lead-acid battery scrap market include Bee'ah Sharjah Environment Company LLC, EnviroServe, Madenat Al Nokhba Recycling Services LLC, Exide Industries Ltd., SYSTEMS SUNLIGHT S.A., Engitec Technologies SpA, ECOBAT Technologies Ltd, ., AMIDT GROUP, Duracell Inc., Gravita India Ltd., Aqua Metals Inc., Johnson Controls International PLC, Battery Solutions LLC and EnerSys. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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