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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Despite the fact that many cell phones still end up in landfills, if someone recycles their phone using a recognised programme, the battery should also be properly disposed of. In order to accomplish this, the electrolyte, which is largely composed of lithium, must be separated from the electrodes, which are largely composed of the other components.
Battery recycling is the technique of using batteries again and again in order to lessen the amount of batteries that are disposed of as material waste. Batteries contain a number of toxic compounds and heavy metals, and the contamination of water and soil caused by their disposal has raised environmental concerns.
In a water bath, the lead and plastic are separated after these are disassembled in a hammer mill, the sulfuric acid is removed, and the process is repeated. After being gathered, these are melted to create new batteries, and the acid is utilised to make industrial chemicals or water.
Some of the components of batteries, such lead acid, still have a market value that you might profit from. Although the majority of recyclers will recycle your spent batteries for little to no cost, there are some circumstances when you can make money.
The Global smartphone battery recycling market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Benefits of Battery Recycling Initiative advises against disposing of smartphone batteries in landfills because they run the danger of exploding or catching fire if they are damaged or overheated.Used lithium batteries must be kept and handled carefully since some varieties are more susceptible to catch fire than others.
Recycling old batteries is an intelligent approach to get rid of them safely and make sure they don't inadvertently cause harm or start a fire. Because the amount of metals in phone batteries is up to 100 times larger than that of raw ores, recycling materials from old batteries is a much more alluring option for manufacturers.
If batteries are not properly disposed of they can harm the environment and contain hazardous elements like mercury.Batteries, for instance, can leak harmful metals and chemicals into the soil and waterways when they are disposed of with domestic garbage and wind up in landfills.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |