The Battery Scrap Market was valued for $35.2 billion in 2022 and is estimated to reach $83.7 billion by 2032, exhibiting a CAGR of 9.1% from 2023 to 2032.
Battery scrap refers to discarded or used batteries that are no longer functional and are considered waste or recyclable material. It encompasses various types of batteries, both single-use and rechargeable, that have reached the end of their useful life. Battery scrap includes batteries such as alkaline batteries, lead acid batteries, lithium-ion batteries, nickel-cadmium batteries, nickel-metal hydride batteries, and others.
Battery scrap is collected and sent to specialized recycling facilities where batteries are processed to recover valuable materials, reduce waste, and mitigate environmental risks associated with the improper disposal of batteries. Recycling batteries helps conserve resources, reduces the need for mining or extracting raw materials, and prevents the release of hazardous substances into the environment.
The battery scrap industry is driven by growing support from governments. Governments often allocate funds for R&D in battery recycling technologies and processes. This investment supports innovation in recycling methods, making recycling more efficient and environmentally friendly. Also, some countries participate in international agreements related to environmental protection and sustainability, which can influence national policies on battery recycling and disposal. However, high battery recycling costs are a barrier to adoption, particularly in price-sensitive markets. Nevertheless, surge in demand for electric vehicles (EVs) and energy storage is anticipated to offer many opportunities for the battery scrap market growth in the coming years.
The battery scrap market scope is segmented on the basis of product type, source, end use, and region. By product type, the market is categorized into lead acid, lithium-ion, and others. By source, the battery scrap market is classified into electric vehicles, consumer electronics, power tools, and others. By end use, the market is categorized into material extraction, reuse, disposal, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competitive Landscape
The report covers strategies adopted by key players in the market to sustain the competitive environment and increase their battery scrap market share. The key players operating in the battery scrap market include Li-Cycle, Umicore, HUSKY BATTERY SOLUTIONS, ENGITEC TECHNOLOGIES SPA, Sunlight Group, Aqua Metals, Inc., Ecobat, EXIDE INDUSTRIES LTD., Guangdong Brunp Recycling Technology Co., Ltd., and Gravita India Ltd. In addition, the market drivers, restraints, and opportunities are explained in the report.

KEY BENEFITS FOR STAKEHOLDERS
-This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the battery scrap market analysis from 2022 to 2032 to identify the prevailing battery scrap market opportunities.
-The market research is offered along with information related to key drivers, restraints, and opportunities.
-Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
-In-depth analysis of the battery scrap market size segmentation assists to determine the prevailing market opportunities.
-Major countries in each region are mapped according to their revenue contribution to the global market.
-Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
-The report includes the analysis of the regional as well as global battery scrap market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Investment Opportunities
- Upcoming/New Entrant by Regions
- Regulatory Guidelines
- Strategic Recommedations
- Additional company profiles with specific to client’s interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)

KEY MARKET SEGMENTS
By Product type
- Lead Acid
- Lithium Ion
- Others
By Source
- Electric Vehicles
- Consumer Electronics
- Power Tools
- Others
By End-use
- Material Extraction
- Reuse
- Disposal
- Others

By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa,
- Saudi Arabia
- Rest of LAMEA
- Key Market Players
- Li-Cycle
- Ecobat
- Sunlight Group
- Umicore
- Husky Battery Solutions Ltd.
- Gravita India Ltd.
- Guangdong Brunp recycling Technology Co., Ltd.
- Aqua Metals, Inc.
- EXIDE INDUSTRIES LTD.
- ENGITEC TECHNOLOGIES SPA