The forecast for battery recycling with lead content in the UK from 2024 to 2028 shows a gradual decline in volume. Starting at 93.1 in 2024, the value decreases approximately by 0.3 annually to reach 92.1 by 2028. In 2023, volume stood at a slightly higher level, indicating a marginal negative year-on-year growth. The anticipated compound annual growth rate (CAGR) over this period indicates a mild but steady downturn in recycling volumes.
Future trends to watch include:
- Technological advancements in recycling processes that may improve efficiency and cost-effectiveness.
- Regulatory changes impacting lead-acid battery disposal and recycling mandates.
- Innovation in alternative battery technologies that could affect the demand for lead-acid batteries and recycling practices.