ASIA PACIFIC BATTERY RECYCLING MARKET FORECAST 2020-2028

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ASIA PACIFIC BATTERY RECYCLING MARKET FORECAST 2020-2028

The Asia Pacific battery recycling market is estimated to project growth at a CAGR of 9.62% during the forecast period, 2020-2028. The growing demand for lead acid battery, due to the strong manufacturing and recycling base and the large scale demands from the automotive industry, results in an increase in the number of spent batteries. This rise is set to boost the battery recycling activities in the region. The countries taken into consideration for the growth analysis of the Asia Pacific battery recycling market include Vietnam, Indonesia, Thailand, Japan, China, India, Australia & New Zealand, South Korea, and the rest of Asia Pacific.

ASIA PACIFIC BATTERY RECYCLING MARKET FORECAST 2020-2028

Asia Pacific Battery Recycling Market by Application (Transportation, Consumer Electronics, Industrial) by Chemistry (Lithium-ion, Lead Acid, Nickel, Others) and by Geography.

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The Asia Pacific battery recycling market is estimated to project growth at a CAGR of 9.62% during the forecast period, 2020-2028. The growing demand for lead acid battery, due to the strong manufacturing and recycling base and the large scale demands from the automotive industry, results in an increase in the number of spent batteries. This rise is set to boost the battery recycling activities in the region.
Asia Pacific Battery Recycling Market

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The countries taken into consideration for the growth analysis of the Asia Pacific battery recycling market include Vietnam, Indonesia, Thailand, Japan, China, India, Australia & New Zealand, South Korea, and the rest of Asia Pacific. In countries like China, the growing adoption of new energy vehicles and ESS for on-grid and off-grid applications is projected to impact the demand for rechargeable batteries. China was the largest electric car market in 2018, as per the International Energy Agency (IEA). The country is projected to dominate the market with a considerable share by 2030. In the data center construction, there has been significant growth, with the expanding data centers of the telecom companies. Many companies have been building their data centers in the Guizhou province of Southwest China for its mild climate and sufficient power resources. Such developments in the data center sector are set to be beneficial for the battery recycling market, since it will propel the demand for secondary batteries. With such increased demands for batteries and the subsequent battery dumping and the environmental concerns associated with it, the Chinese Ministry of Industry has put forth guidelines for the setting up of recycling facilities, especially in terms of batteries of the electric cars.

Raw Materials Company is a company based in Canada that focuses on finding the recycling solutions that are not only economical, but also socially and environmentally sustainable. The company has RMC 3,500 processing technology developed for the recycling of the alkaline battery components.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • STRINGENT GOVERNMENT POLICIES AND RISING BATTERY WASTE DISPOSAL
      • DECLINING PRICES OF LITHIUM-ION BATTERY
      • INCREASING ADOPTION OF ELECTRIC VEHICLES
    •    KEY RESTRAINTS
      • HIGHER COST, LACK OF SUPPLY CHAIN, AND LOW YIELD IN BATTERY RECYCLING
      • ADVANCEMENTS IN BATTERY TECHNOLOGIES
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    • REGULATORY FRAMEWORK
  2. MARKET BY APPLICATION
    • TRANSPORTATION
    • CONSUMER ELECTRONICS
    • INDUSTRIAL
  3. MARKET BY CHEMISTRY
    • LITHIUM-ION
    • LEAD ACID
    • NICKEL
    • OTHERS
  4. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • ACCUREC RECYCLING GMBH
    • AQUA METALS INC
    • BATTERY RECYCLING MADE EASY LLC
    • BATTERY SOLUTIONS INC
    • CALL2RECYCLE INC
    • ECO-BAT TECHNOLOGIES LTD
    • EXIDE TECHNOLOGIES
    • NEOMETALS LTD
    • RAW MATERIALS COMPANY
    • RECUPYL SAS
    • RECYLEX SA
    • THE DOE RUN RESOURCES CORPORATION
    • UMICORE SA
    • GS YUASA CORPORATION
    • RETRIEV TECHNOLOGIES INC

TABLE LIST

TABLE 1: MARKET SNAPSHOT – BATTERY RECYCLING

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: ASIA PACIFIC BATTERY RECYCLING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 4: ASIA PACIFIC BATTERY RECYCLING MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 5: ASIA PACIFIC BATTERY RECYCLING MARKET, BY CHEMISTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 6: ASIA PACIFIC BATTERY RECYCLING MARKET, BY CHEMISTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 7: AVERAGE-OPERATING LIFE OF LEAD ACID BATTERY, BY APPLICATION

TABLE 8: ASIA PACIFIC BATTERY RECYCLING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: ASIA PACIFIC BATTERY RECYCLING MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

FIGURES LIST

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: VALUE CHAIN ANALYSIS

FIGURE 6: ASIA PACIFIC BATTERY RECYCLING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 7: ASIA PACIFIC BATTERY RECYCLING MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC BATTERY RECYCLING MARKET, BY CONSUMER ELECTRONICS, 2020-2028 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC BATTERY RECYCLING MARKET, BY INDUSTRIAL, 2020-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC BATTERY RECYCLING MARKET, GROWTH POTENTIAL, BY CHEMISTRY, IN 2019

FIGURE 11: ASIA PACIFIC BATTERY RECYCLING MARKET, BY LITHIUM-ION, 2020-2028 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC BATTERY RECYCLING MARKET, BY LEAD ACID, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC BATTERY RECYCLING MARKET, BY NICKEL, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC BATTERY RECYCLING MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC BATTERY RECYCLING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 16: CHINA BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 17: JAPAN BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 18: INDIA BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 19: SOUTH KOREA BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 20: INDONESIA BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 21: THAILAND BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 22: VIETNAM BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 23: AUSTRALIA & NEW ZEALAND BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 24: REST OF ASIA PACIFIC BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. MARKET BY APPLICATION
    • TRANSPORTATION
    • CONSUMER ELECTRONICS
    • INDUSTRIAL
  2. MARKET BY CHEMISTRY
    • LITHIUM-ION
    • LEAD ACID
    • NICKEL
    • OTHERS

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