The Lead-Acid Battery Scrap Market Size is valued at USD 12.8 billion in 2023 and is predicted to reach USD 25.7 billion by the year 2031 at a 9.3% CAGR during the forecast period for 2024-2031.
Lead-acid battery scrap refers to batteries that have been used or discarded and yet contain precious lead, which can be able to be repurposed. The recycling process entails the segregation and purification of the lead, the neutralization of the acid, and the reuse of the plastic casing. Efficient recycling is crucial for minimizing environmental contamination and preserving resources, while also yielding economic benefits by reclaiming lead.
In automobiles, industrial settings, and electrical backup networks, lead-acid batteries are widely utilized. Both private and public sectors are investing in these systems to recycle lead-acid batteries more effectively. Facilities for recycling spent batteries remove important lead, guaranteeing appropriate disposal and reducing the ecological impact. Utilized in a variety of sectors, recycled lead promotes an economy with circularity that is environmentally friendly. Growing industry and consumer recognition of a demand for sustainable methods is driving the industry significantly.
However, the global lead-acid battery scrap industry is confronted with enormous challenges in terms of regulation and compatibility. The recycling technologies and procedures. Thus, it might be difficult to achieve integrated and defined norms. The absence of global standards frequently leads to incompatibilities, which impedes recycling facilities' ability to exchange information and interact efficiently. The absence of connectivity hampers the sector's capacity to achieve effective substance recoveries and improved efficiency. Irregular standards may result in errors, higher operating expenses, and less-than-ideal cleaning products. In the wake of the COVID-19 epidemic and subsequent lockdown, there was a decline in consumer demand for lead-acid batteries. Many different businesses were impacted by this, including those who make and recycle batteries.
The lead-acid battery scrap market is segmented based on battery, product, and source. As per the battery, the market is segmented into flooded and sealed. By product, the market is segmented into lead and sulfuric acid. According to sources, the market is segmented into motor vehicles and U.P.S.
The sealed lead-acid battery scrap is expected to hold a major global market share in 2023. Because these batteries are sealed, the electrolytes cannot leak or spill out, increasing their dependability and suitability for uses where comfort and security are crucial. Sealed lead-acid batteries are the most common type of battery in the scrap industry since they are used in many industries, including automobile connectivity, energy efficiency systems, and electrical power supplies.
Motor vehicles make up the bulk of lead-acid battery usage due to elements like the flourishing motoring sector, rising vehicle ownership rates, and the increasing need for battery-powered cars (E.V.s) with lithium-ion batteries in supporting technologies. Lead-acid battery recycling has increased proportionately as a result of the growth of electronic commerce and the logistics sector, as well as a surge in the number of automobiles on motorways, especially in countries like the US, Germany, the U.K., China, and India.
The North American lead-acid battery scrap market is expected to register the very big market share in revenue in the near future. This can be attributed to the fact that its people tend to be well-off and educated. Increasing lead-acid battery use in the region meets the rising need for batteries across various industries, including smart cards, packaging, and electric vehicles. In addition, Asia Pacific is estimated to grow rapidly in the global lead-acid battery market due to advancements in the renewable energy sector, an ever-increasing need for battery energy storage devices, and a massive consumer user base for consumer and portable electronics.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 12.8 Bn |
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Revenue Forecast In 2031 |
USD 25.7 Bn |
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Growth Rate CAGR |
CAGR of 9.3% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Battery, Product, And Source. |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Johnson Controls International PLC, Exide Technologies S.A.S., East Penn Manufacturing Co., Inc., GS Yuasa International Ltd., Battery Solutions LLC, Whitelake Organics Pvt Ltd., Gravita India Ltd., Aqua Metals Inc., Madenat Al Nokhba Recycling Services LLC, Beeah Group. And other market players |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Lead-Acid Battery Scrap Market Snapshot
Chapter 4. Global Lead-Acid Battery Scrap Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Battery Estimates & Trend Analysis
5.1. By Battery & Market Share, 2023 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Battery:
5.2.1. Flooded
5.2.2. Sealed
Chapter 6. Market Segmentation 2: By Product Estimates & Trend Analysis
6.1. By Product & Market Share, 2023 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Product:
6.2.1. Lead
6.2.2. Sulfuric acid
Chapter 7. Market Segmentation 3: By Source Estimates & Trend Analysis
7.1. By Source & Market Share, 2023 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Source:
7.2.1. Motor Vehicles
7.2.2. UPS
Chapter 8. Lead-Acid Battery Scrap Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Battery, 2024-2031
8.1.2. North America Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
8.1.3. North America Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Source, 2024-2031
8.1.4. North America Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
8.2. Europe
8.2.1. Europe Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Battery, 2024-2031
8.2.2. Europe Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
8.2.3. Europe Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Source, 2024-2031
8.2.4. Europe Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
8.3. Asia Pacific
8.3.1. Asia Pacific Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Battery, 2024-2031
8.3.2. Asia Pacific Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
8.3.3. Asia Pacific Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Source, 2024-2031
8.3.4. Asia Pacific Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
8.4. Latin America
8.4.1. Asia Pacific Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Battery, 2024-2031
8.4.2. Latin America Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
8.4.3. Latin America Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Source, 2024-2031
8.4.4. Latin America Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
8.5. Middle East & Africa
8.5.1. Middle East & Africa Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Battery, 2024-2031
8.5.2. Middle East & Africa Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
8.5.3. Middle East & Africa Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by Source, 2024-2031
8.5.4. Middle East & Africa Lead-Acid Battery Scrap Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Johnson Controls International PLC
9.2.2. Exide Technologies S.A.S.
9.2.3. East Penn Manufacturing Co., Inc.
9.2.4. GS Yuasa International Ltd.
9.2.5. Battery Solutions LLC
9.2.6. Whitelake Organics Pvt Ltd.
9.2.7. Gravita India Ltd.
9.2.8. Aqua Metals Inc.
9.2.9. Madenat Al Nokhba Recycling Services LLC
9.2.10. Beeah Group
9.2.11. EnviroServe
9.2.12. EnerSys
9.2.13. SYSTEMS SUNLIGHT S.A.
9.2.14. AMIDT GROUP
9.2.15. Duracell Inc.
9.2.16. Engitec Technologies SpA
9.2.17. ECOBAT Technologies Ltd
9.2.18. Other Prominent Players
Lead-Acid Battery Scrap Market By Battery
Lead-Acid Battery Scrap Market By Product
Lead-Acid Battery Scrap Market By Source
Lead-Acid Battery Scrap Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
