img

Global Lead Recycling Battery Market Size By Product Type (VRLA Lead Acid Battery, Flooded Lead Acid Battery), By Application (Automotive Consumer Electronics, Industrial), By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Lead Recycling Battery Market Size By Product Type (VRLA Lead Acid Battery, Flooded Lead Acid Battery), By Application (Automotive Consumer Electronics, Industrial), By Geographic Scope And Forecast

Lead Recycling Battery Market Size And Forecast

Lead Recycling Battery Market size was valued at USD 10.91 Billion in 2024 and is projected to reach USD 22.27 Billion by 2031, growing at a CAGR of 10.30% during the forecasted period 2024 to 2031.

Lead Recycling Battery Market grows rapidly due to Metal, corrosive acids, and even heavy metals found in all batteries. If batteries are disposed of in a landfill, their components soak into the ground. Furthermore, valuable materials must be extracted to manufacture fresh batteries. Recycling can help to cut down on the amount necessary for mining. The Global Lead Recycling Battery Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Lead Recycling Battery Market Definition

The process of recycling spent batteries that are discarded in municipal rubbish is known as battery recycling. Lead, mercury, nickel, cadmium, and zinc are among the harmful metals and compounds found in batteries, which can damage soil and water resources. Lead is removed and reused as raw material for new batteries and other goods in the lead recycling battery process. The accumulation of post-consumer non-Lead/Acid batteries and electrochemical (n-PbA) cells in modern society’s waste stream has been flagged as a danger.

The n-PBAs contain material that is environmentally harmful to disposal, however, they do represent significant amounts of materials, such as metals, metal oxides, carbon-based compounds, polymers, and organic electrolytes. Many companies throughout the world have been granted licenses to recycle n-PbA batteries. To create metals for re-alloying during the manufacturing of commercial metals, most facilities use traditional pyrometallurgical processing procedures. Because batteries are electrochemical cells, the quantity of electrochemical potential left in the cell before recycling could be a problem.

Cells having residual electrochemical power indicate that the components within the cell are still reactive, and procedures such as shattering the cells could result in the release of chemical energy without control. Li metal in a Li-ion cell reacts violently with air, the electrolyte inside the cell, H2O, acids, and bases. If they are delivered through the breaker at the same time, they can be employed as electrolytes in other battery types. Several solutions have been proposed to limit the risk of partially discharged cells. The first technique involves breaking the cells in an inert environment such as CO2 or N2, which prevents the process from being started by air. However, this has little effect on uncontrolled reactions with materials in the recycling stream.

Cryomilling Taxco recycles Li-ion cells by cooling the batteries down to a very low temperature before breaking them. Before splitting the cells, they chill them to -325F (-175C), which is liquid N2 temperature, to slow down any chemical reactions. fact, N2 provides an inert environment. Alkali is added to the Toxco process in a regulated manner to react with the Li metal. Sorting the batteries by chemical might be beneficial to increasing the effectiveness of n-PbA recycling. All consumer batteries are barcoded, and Zn-based consumer cells have been labeled with a UV identification since 1997. What physical principles can be utilized to determine the difference between the elements contained within the cells remains a mystery.

What's inside a
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Global Lead Recycling Battery Market Overview

Lead-acid battery manufacture and recycling are carried out in both controlled and unregulated, informal settings around the world by the world health organization. In many countries, lead recycling is a significant source of environmental contamination and human exposure. Recycling lead-acid batteries are associated with public health concerns. According to (California EPA, 2015) this business is linked to a high degree of occupational exposure and environmental pollution The manufacture of lead-acid batteries accounts for over 85% of total global lead usage (ILA, 2017) corrosion problems of the battery part responsible for the downward growth of the market Corrosion of the lead-acid battery’s external metal parts is caused by a chemical reaction between the battery terminals, plugs, and connectors.

Electrolysis causes corrosion on the positive terminal due to a mismatch of metal alloys utilized in the battery terminal and cable connector construction. Lead or zinc sulfate crystals are the most common cause of white corrosion. Corrosion of aluminum connectors results in aluminum sulfate. Corrosion crystals of blue and white form on copper connectors. Thermal expansion can drive some of the liquid out of the battery vents and over the top of the battery if the battery is overfilled with water and electrolyte. Corrosion can occur when this solution reacts with the lead and other metals in the battery connector.

Where the battery terminals pierce the plastic case, the electrolyte can leak from the plastic-to-lead seal. Overcharging produces acid fumes that dissipate via the vent covers, and insufficient battery box ventilation can cause sulfuric acid fumes to build and react with exposed metals. According to (NIST) Metals pricing and the mass of material in the consumer market combine to determine the magnitude of the market opportunity. Because battery-grade materials are more expensive than commodity materials, the upper limit of the pricing range for recycled materials should be set at this level.

PBA batteries are highly recyclable, the recycled content of new PbA batteries ranges from 60% to 80%. (Battery Council International 2010). The lead metal (grids and sponge lead), lead peroxide, battery casings, and electrolytes are all broken down and separated during the recycling The polypropylene battery case is washed, pelletized, and shipped to battery manufacturers to be used in new battery cases. To manufacture lead ingots for use in new lead grids, the lead metal and peroxides are transferred to a smelting furnace. The battery electrolyte, which is an aqueous sulfuric acid solution, is neutralized or converted to sodium sulfate, which is then used to make detergents and other products.

Global Lead Recycling Battery Market Segmentation Analysis

The Global Lead Recycling Battery Market is Segmented on the basis of Product Type, Application, And Geography.

Lead Recycling Battery Market, By Product Type

  • VRLA Lead Acid Battery
  • Flooded Lead Acid Battery
  • Others

Based on Product Type, The market is segmented into VRLA Lead Acid Battery, Flooded Lead Acid Battery, and Others. The hydrogen and oxygen produced in the cells of a valve-regulated regulated lead-acid (VRLA) battery primarily recombine into water. Leakage is negligible, but if recombination cannot keep up with gas evolution, some electrolytes may escape. VRLA batteries are known as maintenance-free batteries since they do not require (and make impossible) regular checking of the electrolyte content.

This, however, is a bit of a misnomer. VRLA cells must care. VRLA cells “dry out” and lose capacity when an electrolyte is depleted. Internal resistance, conductance, and impedance measurements can be used to detect this. Regular testing will disclose whether more testing and maintenance is required. Recent maintenance processes have allowed for “rehydration,” which can often restore large quantities of lost capability.

Lead Recycling Battery Market, By Application

  • Automotive
  • Consumer Electronics
  • Industrial
  • Others

Based on Application, The market is segmented into Automotive, Consumer Electronics, Industrial, and Others. A car battery usually referred to as an automotive battery, is a rechargeable battery used to power a vehicle. Its principal duty is to provide an electric current to the electric-powered starting motor, which ultimately starts the vehicle’s chemically-fueled internal combustion engine. When the engine is running, the battery continues to supply power to the car’s electrical systems, with the alternator charging the battery as needed. Electric vehicles (EVs) are powered by a high-voltage electric vehicle battery, but they also typically contain an automobile battery to allow them to use 12 V automotive accessories.

Lead Recycling Battery Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Geography, The Global Lead Recycling Battery Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The significant share is estimated to be in the market in North America. The Lead Recycling Battery Market growth is mainly due to the Metal, corrosive acids, and even heavy metals are found in all batteries.

Key Players

The “Global Lead Recycling Battery Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Johnson Controls Inc., EnerSys, Aqua Metals, Exide industries, ECOBAT Technologies, Gravita India Ltd., Call2Recycle, Battery Solutions, Retriev Technologies Inc., G&P Batteries.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

Unit

Value (USD Billion)

KEY COMPANIES PROFILED

Johnson Controls Inc., EnerSys, Aqua Metals, Exide industries, ECOBAT Technologies, Gravita India Ltd., Call2Recycle, Battery Solutions, Retriev Technologies Inc., G&P Batteries.

SEGMENTS COVERED
  • By Product Type
  • By Application
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

  •  Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  •  Provision of market value (USD Billion) data for each segment and sub-segment
  •  Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  •  Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  •  Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  •  Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  •  The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  •  Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  •  Provides insight into the market through Value Chain
  •  Market dynamics scenario, along with growth opportunities of the market in the years to come
  •  6-month post-sales analyst support

Customization of the Report

  •  In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )