The global lead acid battery recycling market is anticipated to grow at a CAGR of 15.7% during the forecast period (2023-2030). Toxic materials included in lead acid batteries include sulphuric acid, lead, and several heavy metals. These chemicals can leak into the land and water and seriously pollute the environment while endangering human health if they are not properly disposed of or recycled. Recycling guarantees that these dangerous substances are handled and disposed of safely, reducing the chance of contamination. According to the World Health Organization (WHO), 85% of the globe's need for refined lead metal is for the production of lead-acid batteries. Recycled lead fills a large portion of this requirement, and one important source is the recycling of lead-acid batteries.
Browse the full report description of “Lead Acid Battery Recycling Market Size, Share & Trends Analysis Report by Type (Flooded Lead Acid Batteries and Sealed Lead Acid Batteries), by Method (Collection and separation, Hydrometallurgical process, Pyro-metallurgical process, and Neutralization of Acid), and by Product Type (Automotive Batteries, Industrial Batteries, and Consumer & Electronic Appliance Batteries), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/lead-acid-battery-recycling-market
Recycling of lead contributes significantly to environmental pollution and exposure to humans. Due to the serious and protracted effects of lead exposure on human health, this is a problem. Electric vehicles are becoming increasingly popular, which has a huge impact on the global market for lead acid battery recycling. Along with the rise in EV sales, there are more spent batteries that need to be recycled and properly disposed of. For Instance, in December 2022, Recyclus Group Ltd., a new lead-acid battery recycling facility in Tipton, England, in which the UK-based firm has a 49 percent share, processed its first 19 metric tons of used batteries. Recyclus was given permission to start manually processing lead-acid batteries at the site when it was awarded Approved Battery Treatment Operator (ABTO) accreditation for the Tipton plant. Desulfurization of the lead paste is a practical and integrated method to lessen the amount of waste produced during the smelting procedure, lessen the smelters' negative environmental effects, and boost the output and competitiveness of secondary lead manufacturers. For Instance, in May 2020, A comprehensive lead acid battery recycling facility was launched by STC. This method relies on a desulfurization reaction that uses a particular amino molecule and results in extremely high desulfurization yields and a residual sulfur content of < 0.3%. After being purified and concentrated, the ammonium sulfate solution that is produced by the process can be applied as fertilizer in liquid form.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Method
o By Product type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Aqua Metals, Technology Minerals, Call2recycle Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Lead Acid Battery Recycling Market Report Segment
By Type
By Method
By Product Type
Global Lead Acid Battery Recycling Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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