Recharging: Fluctuations in the price of virgin nonferrous metals will temporarily hamper revenue

In response to the negative health outcomes associated with the improper disposal of battery waste, many governments have enacted legislation that mandates or encourages the recycling of discarded batteries, and demand for services in the Battery Recycling industry has grown in recent years as these regulations have proliferated. At the same time, industry revenue has suffered from declines in the price of virgin nonferrous metals, which have forced operators to lower the prices they charge for recycled metals. However, the price of virgin metals is expected to rebound over the next five years, enabling industry operators to generate significant revenue through the sale of materials recovered during the battery recycling process...read more.

Industry Statistics & Market Size
Revenue
$633m
Annual Growth 12-17
-0.3%
Forecast Growth 17-22
Profit
Employment
1,860
Businesses
156
Market Share of Companies
There are no companies with a dominant market share in this industry
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Industry Threats & Opportunities

  • Demand for battery recycling will heighten as environmental legislation expands
  • Due to the recession, many consumers delayed buying new vehicles, which hurt industry revenue
  • State battery recycling legislation will gain further traction, stimulating revenue growth
  • Industry Report - Industry SWOT Analysis Chapter

    The Battery Recycling industry is in the mature stage of its life cycle. Industry value added, or the industry's contribution to the US economy, is expected to grow at an annualized rate of just 0.3% over the 10 years to 2022. Comparatively, US GDP is forecast to increase at an annualized rate of 2.1% during the same period. While the contrast between these two growth rates is generally indicative of an industry in decline, full market acceptance of industry services and relatively stable participation in the industry are reflections of the industry's mature status...purchase to read more.

    Additional Insights for the Battery Recycling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Battery Recycling Industry are

  • Ability to attract local support/patronage
  • Having an extensive distribution/collection network
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Price of nonferrous metals and Per capita disposable income in the Battery Recycling industry impact industry performance..

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    What is the Battery Recycling Industry?

    Companies in this industry primarily recycle batteries. Industry operators either collect and sort battery waste or process this collected waste for safe disposal and the recovery of valuable materials for sale to downstream manufacturers. Sales of materials recovered from batteries are included in industry revenue calculations, while the sale of products manufactured using these materials as inputs are excluded.

    Industry Products
  • Automotive lead-acid battery recycling
  • Non-automotive lead-based battery recycling
  • Nickel-cadmium battery recycling
  • Lithium-ion battery recycling
  • Nickel-metal hydride battery recycling
  • Primary battery recycling
  • Industry Activities
  • Collecting used batteries
  • Separating used batteries
  • Sorting used batteries
  • Recycling used batteries
  • Processing used batteries
  • Recovering material from used batteries
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Price of nonferrous metals
  • Per capita disposable income
  • New car sales
  • Industrial production index
  • Population

  • Current Performance
  • Primary and secondary batteries
  • Mixed revenue conditions
  • Profit and participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Strong demand conditions
  • Composition of recycled batteries
  • Industry structure
  • Table: Battery Recycling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Battery Recycling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Battery Manufacturing
  • Metal Wholesaling
  • Retail Trade
  • Hospitals
  • Public Administration

  • Key Selling Industries
  • Consumers
  • Recycling Facilities

  • Products & Services
  • Automotive lead-acid battery recycling
  • Non-automotive lead-based battery recycling
  • Nickel-cadmium battery recycling
  • Lithium-ion battery recycling
  • Nickel-metal hydride battery recycling
  • Primary battery recycling
  • Chart: Battery Recycling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Metal wholesalers and distributors
  • Battery manufacturers
  • Metal manufacturers and processors
  • Automotive manufacturers
  • Other
  • Individual consumers
  • Governments
  • Chart: Major Market Segmentation for the Battery Recycling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Battery Recycling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Battery Recycling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Battery Recycling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Battery Recycling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Price of nonferrous metals (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Extended Producer Responsibility (Epr)
  • A form of regulation that attempts to force the original manufacturer or retailer of a product to take on the responsibility for the final disposal of this product.
  • Landfill Tipping Fee
  • A fee levied on a quantity of waste deposited at a landfill. Also known as a gate fee.
  • Municipal Solid Waste (Msw)
  • Non-hazardous waste produced by households and commercial and retail operations.
  • Nonferrous Metals
  • Metals that do not contain significant quantities of iron, including zinc, lead, copper and gold.
  • Original Equipment Manufacturers (Oem)
  • A company that produces parts for use in another company's final product. For example, a car battery manufactured by a company that does not manufacture automobiles.
  • Primary Battery
  • Batteries that cannot be recharged and must be disposed of once depleted.
  • Secondary Battery
  • Batteries that are capable of being recharged, also known as secondary cell batteries.
  • Why buy this report?

    IBISWorld’s Industry Market Report on Battery Recycling is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Battery Recycling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Battery Recycling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Battery Recycling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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