The North American Battery Recycling market is anticipated to grow at a CAGR 5.1% during the forecast period. The growth is attributed to the imposition of stringent environmental norms set by several government institutions in emerging economies such as Canada and the US. The rechargeable battery industry has formed the Rechargeable Battery Recycling Corporation (RBBC) which operates a battery recycling program called Call2Recycle throughout the US and Canada. This program aims to provide businesses with shipping containers for rechargeable batteries of all types. Consumers can drop off their batteries for recycling at numerous collection centers. It claims that no component of any recycled battery reaches a landfill.
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The key recycles players such as Call2recycle are developing strategic partnerships with like-minded organizations to promote consumer awareness. Partners in Canada such as Earth Day Canada, Earth Rangers and BC Green Games are contributing significantly to increased battery collections resulting in 26% of Call2recycle total growth. Dedicated efforts from consumers, businesses, municipalities, battery and product manufacturers also contributed to this growth. According to Call2recycle, Quebec is said to lead the charge on recycling, collecting more than 1.3 million pounds. The success was partly due to Vermont becoming the first state in the US requiring producers to finance a collection and recycling program for single-use batteries.
The key market players that is active in the North American battery recycling market that include Aqua Metals, Inc., Battery Solutions, Inc., Call2Recycle, Inc., COM2 Recycling Solutions, East Penn Manufacturing Co., Inc., Exide Technologies, Gopher Resource, Johnson Controls, Kinbursky Brothers Inc., Retriev Technologies Inc., Terrapure Environmental and The Doe Run Co. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Research Methodology
The market study of the North American Battery Recycling market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. North American Battery Recycling Market by Process
5.1.1. Physical Process
5.1.2. Chemical Process
5.1.2.1. Hydrometallurgical Processes
5.1.2.2. Combined Acid-Alkaline With Organic Solvents Process
5.1.2.3. Bio-Metallurgical Process
5.1.2.4. Electrochemical Process
5.1.2.5. Pyrometallurgical Process
5.2. North American Battery Recycling Market by Components
5.2.1. Plastic
5.2.2. Electrode
5.2.3. Electrolyte
5.3. North America Battery Recycling Market by Type
5.3.1. Lead Acid Battery
5.3.2. Silver Oxide Battery
5.3.3. Lithium Ion Battery
5.3.4. Zinc Battery
5.3.5. Others
5.4. North America Battery Recycling Market by End-User
5.4.1. Automotive
5.4.2. Industrial
5.4.3. Healthcare
5.4.4. Consumer
6. Regional Analysis
6.1. North American
6.1.1 United States
6.1.2 Canada
7 Company Profiles
7.1 Aqua Metals, Inc.
7.2 Battery Solutions, Inc.
7.3 Call2Recycle, Inc.
7.4 COM2 Recycling Solutions
7.5 East Penn Manufacturing Co., Inc.
7.6 Exide Technologies
7.7 Gopher Resource
7.8 Johnson Controls
7.9 Kinbursky Brothers Inc.
7.10 Retriev Technologies Inc.
7.11 Terrapure Environmental
7.12 The Doe Run Co.
1. NORTH AMERICAN BATTERY RECYCLING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
2. NORTH AMERICAN BATTERY RECYCLING MARKET RESEARCH AND ANALYSIS BY PROCESS, 2018-2025 ($ MILLION)
3. NORTH AMERICAN BATTERY RECYCLING MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2018-2025 ($ MILLION)
4. NORTH AMERICAN BATTERY RECYCLING MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
5. NORTH AMERICAN BATTERY RECYCLINGMARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. NORTH AMERICAN BATTERY RECYCLING MARKET SHARE BY COUNTRY, 2018 VS 2025 (%)
2. NORTH AMERICAN BATTERY RECYCLING MARKET SHARE BY PROCESS, 2018 VS 2025 (%)
3. NORTH AMERICAN BATTERY RECYCLING MARKET SHARE BY COMPONENTS, 2018 VS 2025 (%)
4. NORTH AMERICAN BATTERY RECYCLING MARKET SHARE BY TYPE, 2018 VS 2025 (%)
5. NORTH AMERICAN BATTERY RECYCLING MARKET SHARE BY END-USER, 2018 VS 2025 (%)
6. THE US BATTERY RECYCLING MARKET SIZE, 2018-2025 ($ MILLION)
7. CANADA BATTERY RECYCLING MARKET SIZE, 2018-2025 ($ MILLION)