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Battery Recycling - Industry Market Research Report

  • May 2016
  • 36 pages
  • Ibisworld
Report ID: 2573328

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Charging ahead: Federal, state and municipal regulations will boost demand for industry services



Abstract

Battery Recycling

The Battery Recycling industry owes its existence to federal, state and municipal regulations that support its activities. Over the past five years, demand for industry services has grown, as state and local regulations supporting battery recycling have become more widespread and strict. Additionally, as increasing numbers of consumers have replaced old vehicles with newer ones, the Battery Recycling industry has substantially expanded its recycling of automotive batteries, the most commonly recycled battery. As a result, industry revenue is forecast to grow over the five years to 2016 and continue to do so through 2021.



Companies in this industry primarily recycle batteries. Industry operators either collect and sort battery waste or process this collected waste for safe disposal and the recovery of valuable materials for sale to downstream manufacturers. Sales of materials recovered from batteries are included in industry revenue calculations, while the sale of products manufactured using these materials as inputs are excluded.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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