Battery Recycling Market Expected To Grow With USD 17.08 Billion By 2030
San Francisco, 5 Feb 2024: The Report Battery Recycling Market Size, Share & Trends Analysis Report By Chemistry (Lithium-Ion, Lead Acid, Nickel), By Application (Transportation, Consumer Electronics, Industrial), By Region, And Segment Forecasts, 2024 - 2030 The global battery recycling market size is expected to reach USD 17.08 billion by 2030, registering a CAGR of 37.6% over the forecast period, according to a new report by Grand View Research, Inc. Technological advancements in the recycling industry are making battery recycling more efficient and cost-effective, which is another factor contributing to the growth of the market. An increase in the adoption of smartphones, electric vehicles, and other consumer electronics has led to an increase in the use of batteries. This has increased the number of end-of-life batteries, presenting new opportunities for recycling companies The industrial segment is expected to witness substantial growth over the next few years, due to th