Market By Application, Chemistry And Geography | Forecast 2020-2028
An analysis by Triton Market Research on the battery recycling market in Latin America depicts that it will show substantial growth, at a CAGR of 7.49%, in the forecasting period 2020-2028.
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The countries reviewed in the Latin American battery recycling market are:
•          Mexico
•          Brazil
•          Rest of Latin America
Owing to the economic development in Brazil, there is widespread development of commercial infrastructures in the country. Also, there is a considerable increase in the growth of data centers, which will create immense potential opportunities for the applications of batteries. The electricity supplies are very important at data centers for the smooth functioning of operations, which will lead to the deployment of batteries at datacenter sites. The increased use of batteries means an increased need for its recycling. Hence, the battery recycling market is expected to boom in the region.
In Latin America, Brazil was the leading country to bring regulation in the disposal of batteries. In order to dispose off the batteries with domestic wastes, the country established limits on the concentration of heavy metals within batteries. Besides, with the explosive population in the country, there is an increase in the demand for vehicles and a subsequent increase in the production of vehicles. Â This will create a massive demand for lead-acid batteries in the forthcoming years. Lead-acid batteries have been recycled for many years in the country, but the recycling of other batteries is in a naive stage. These factors are expected to increase the regional market growth over the coming years.
Battery Solutions Inc is a company that collects and recycles batteries and resuses them in different sectors like agriculture, steel manufacturing and new battery manufacturing. The company provides recycling services for different batteries like HEV and EV batteries, portable batteries, special purpose batteries and stationery & backup batteries. Moreover, the company also offers battery containers for transportation of spent batteries.
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VIEW REPORT1. LATIN AMERICA BATTERY RECYCLING MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. LEAD-ACID BATTERY TO DOMINATE THE MARKET
2.2.2. TRANSPORTATION TO DOMINATE AMONGST APPLICATIONS
2.3. PORTER’S FIVE FORCE ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. REGULATORY FRAMEWORK
2.7. INDUSTRY COMPONENTS
2.8. MARKET DRIVERS
2.8.1. STRICT GOVERNMENT REGULATIONS AND INCREASING CONCERN ON BATTERY WASTE DISPOSAL
2.8.2. INCREASING ADOPTION OF ELECTRIC VEHICLES
2.9. MARKET RESTRAINTS
2.9.1. ADVANCEMENTS IN BATTERY TECHNOLOGIES
2.10. MARKET OPPORTUNITIES
2.10.1. HIGH RECYCLING GAP
2.10.2. SUBSIDIES TO ENCOURAGE BATTERY RECYCLING
2.10.3. DECREASING LITHIUM-ION BATTERY PRICES
2.11. MARKET CHALLENGES
2.11.1. HIGHER COST, LACK OF SUPPLY CHAIN AND LOW YIELD IN BATTERY RECYCLING
2.11.2. SAFETY ISSUES RELATED TO THE STORAGE AND TRANSPORTATION OF SPENT BATTERIES
3. LATIN AMERICA BATTERY RECYCLING MARKET OUTLOOK - BY APPLICATION
3.1. TRANSPORTATION
3.2. CONSUMER ELECTRONICS
3.3. INDUSTRIAL
4. LATIN AMERICA BATTERY RECYCLING MARKET OUTLOOK - BY CHEMISTRY
4.1. LITHIUM-ION
4.2. LEAD-ACID
4.3. NICKEL
4.4. OTHERS
5. LATIN AMERICA BATTERY RECYCLING MARKET – REGIONAL OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST OF LATIN AMERICA
6. COMPETITIVE LANDSCAPE
6.1. ACCUREC RECYCLING GMBH
6.2. AQUA METALS INC
6.3. BATTERY RECYCLING MADE EASY
6.4. BATTERY SOLUTIONS LLC
6.5. CALL2RECYCLE INC
6.6. ECO-BAT TECHNOLOGIES LTD
6.7. EXIDE TECHNOLOGIES
6.8. NEOMETALS LTD
6.9. RAW MATERIALS COMPANY
6.10. RECUPYL
6.11. RECYLEX SA
6.12. THE DOE RUN COMPANY
6.13. UMICORE
6.14. GS YUASA INTERNATIONAL LTD
6.15. RETRIEV TECHNOLOGIES
7. METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE
7.2. RESEARCH SCOPE & DELIVERABLES
7.3. SOURCES OF DATA
7.4. RESEARCH METHODOLOGY
TABLE 1: LATIN AMERICA BATTERY RECYCLING MARKET, BY COUNTRY, 2020-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: LATIN AMERICA BATTERY RECYCLING MARKET, BY APPLICATION, 2020-2028 (IN $ MILLION)
TABLE 5: LATIN AMERICA BATTERY RECYCLING MARKET, BY CHEMISTRY, 2020-2028 (IN $ MILLION)
TABLE 6: LATIN AMERICA BATTERY RECYCLING MARKET, BY COUNTRY, 2020-2028 (IN $ MILLION)
FIGURE 1: LATIN AMERICA BATTERY RECYCLING MARKET, BY LEAD-ACID, 2020-2028 (IN $ MILLION)
FIGURE 2: LATIN AMERICA BATTERY RECYCLING MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)
FIGURE 3: PORTER’S FIVE FORCE ANALYSIS
FIGURE 4: MARKET ATTRACTIVENESS INDEX
FIGURE 5: INDUSTRY COMPONENTS
FIGURE 6: LATIN AMERICA BATTERY RECYCLING MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA BATTERY RECYCLING MARKET, BY CONSUMER ELECTRONICS, 2020-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA BATTERY RECYCLING MARKET, BY INDUSTRIAL, 2020-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA BATTERY RECYCLING MARKET, BY LITHIUM-ION, 2020-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA BATTERY RECYCLING MARKET, BY LEAD-ACID, 2020-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA BATTERY RECYCLING MARKET, BY NICKEL, 2020-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA BATTERY RECYCLING MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA BATTERY RECYCLING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 14: BRAZIL BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)
FIGURE 15: MEXICO BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)
FIGURE 16: REST OF LATIN AMERICA BATTERY RECYCLING MARKET, 2020-2028 (IN $ MILLION)