Battery Recycling Market To Be An $11.83 Billion by 2022 by Growth Rate of 6.5%
The global battery recycling market is projected to reach USD 11.83 billion by 2022, at a CAGR of 6.5% from 2017 to 2022. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=147696175 Rising concerns about depleting earth metals and government initiatives to recycle batteries are the drivers for the battery recycling market globally. Subsidies to encourage battery recycling and growing number of hybrid and electric vehicle batteries could provide growth opportunities for the battery recycling market in the coming years. Lead-acid battery chemistry segment dominated the battery recycling market in 2016 and is also expected to witness high growth during the forecast period. This growth can be attributed to the increased demand from Europe, North America, and Asia-Pacific regions. The increasing demand from developing countries in Asia-Pacific and South & Central America is also expected to boost the growth of the battery recycling market. The gr