Marketing & Advertising

Market for Battery Recycling: Overview

The market for recycled batteries was assessed at US$ 4.2 billion in 2020, and it is projected to grow at a CAGR of 10% over the next five years. The lead-acid sector dominated the global battery recycling market in 2020, according to battery chemistry. Recycling yields secondary lead that is both high-quality and inexpensive.

The automobile industry accounted for a sizable portion of the worldwide battery recycling market in terms of wasted battery sources in 2020. During the forecast period, it is predicted that rising automobile demand, particularly for electric vehicles, will benefit the automotive sector of the battery recycling market.

More Info - https://www.transparencymarketresearch.com/battery-recycling-market.html

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