Battery Recycling Market Size to Reach USD 28.28 Billion in 2030 | Emergen Research
VANCOUVER, BC, Jan. 18, 2023 /PRNewswire/ -- The battery recycling market size reached USD 17.83 Billion in 2021 and is expected to register a CAGR of 5.3% during the forecast period, according to latest analysis by Emergen Research .
- VANCOUVER, BC, Jan. 18, 2023 /PRNewswire/ -- The battery recycling market size reached USD 17.83 Billion in 2021 and is expected to register a CAGR of 5.3% during the forecast period, according to latest analysis by Emergen Research .
- The development of the worldwide battery recycling market is mostly attributed to the increase in electric car production.
- The growth of the global market is expected to be restrained by the high cost of battery recycling operations.
- The battery recycling market is expected to register a CAGR of 5.3% over the forecast period and revenue is projected to increase from USD 17.83 Billion in 2021 to USD 28.28 Billion in 2030, which is expected to support revenue growth of the market.