Authored By: Sarah
21 Jan 2025

Latest News- Lead Acid Battery Recycling Market: FLA batteries is expected to lead the Type segment during 2025-2029

The Lead Acid Battery Recycling Market is being driven by Increase in demand for EVs

The Lead Acid Battery Recycling Market is expected to grow at a CAGR of 9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 4042 million. In the lead acid battery recycling market, stewardship collaborations play a pivotal role in ensuring responsible management of batteries throughout their lifecycle. Manufacturers engage in Extended Producer Responsibility (EPR) programs, assuming accountability for their products' entire life cycle, including recycling. EPR initiatives establish a structured framework for battery manufacturers to contribute to collection and recycling efforts, fostering efficient resource recovery and regulatory compliance. Additionally, industry associations and organizations collaborate on initiatives to promote sustainable battery recycling practices, collectively driving environmental sustainability and responsible end-of-life disposal for lead acid batteries. 

Get more information on Lead Acid Battery Recycling Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

  • Increase in demand for EVs
  • Growing awareness about responsible disposal practices for lead acid batteries
  • Increasing urbanization in emerging markets

However, the market also witnesses some limitations, which are as follows:

  • Safety issues related to storage and transportation of disposed lead-acid batteries
  • Inefficient recycling processes for lead-acid batteries
  • High energy consumption associated with pyro-metallurgy process in battery recycling

Benefits of Buying Global Lead Acid Battery Recycling Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Lead Acid Battery Recycling Market Research Report

Market Scope

Report Coverage

Details

Page number

205

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 9%

Market growth 2025-2029

USD 4042 million

Market structure

Fragmented

YoY growth 2024-2025(%)

8.3

Key countries

US, China, Germany, Canada, UK, Japan, France, Italy, India, and South Korea

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Lead Acid Battery Recycling Market plays a crucial role in the environment by ensuring the sustainable disposal of waste batteries, which contain hazardous materials like lead, nickel, cobalt, and rare earth metals. This market is driven by the shift towards cleaner energy sources, such as electric vehicles and renewable energy sector, which require new batteries. Advanced battery technologies like lithium-ion and sodium-sulfur batteries are also gaining popularity. The increasing population, industrialization, urbanization, and use of electronic gadgets lead to a higher demand for lead acid batteries as a portable energy source in automobiles, UPS systems, grid energy storage, and golf carts. Recycling these batteries contributes to a greener economy by reducing the need for mining and extracting raw materials.

Market Research Overview

The Lead Acid Battery Recycling Market is a crucial component of the burgeoning green economy, focusing on the refurbishment and repurposing of used lead-acid batteries. This sector plays a pivotal role in the circular economy, contributing to the reduction of waste batteries and the extraction of valuable materials for the production of new batteries. Key drivers for the market include the increasing demand for cleaner energy sources, such as those derived from electric vehicles and renewable energy storage systems. The growth of the global renewable electricity market, driven by supportive policies and targets for renewable power deployment, further bolsters the demand for lead-acid battery recycling. Moreover, the recycling process mitigates potential environmental and health risks associated with the disposal of used batteries, safeguarding both wildlife and human health, particularly the nervous system.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.