Stakeholders in Lead-acid Battery Scrap Market See Sustainable Future for Automotive, Global Valuation to Touch Mark of US$ 19 Bn by 2027

TMR - Seite 2

Lead-acid Battery Scrap Market: Key Driving Factors and Promising Avenues

• Abundant use of lead-acid batteries in a wide range of applications is a key driver for the prospects of lead-acid battery scrap market. Scraps are used in multiple end-use application such as in making solar devices
• The market has witnessed a large momentum due to the growing trend of adoption of electric vehicles across the world. Lead-acid batteries are preferred over lithium-ion batteries in electric vehicles (EVs). The demand for renewable energy storage in EVs is a key factor in this.
• Lead-acid battery scrap dealers have extensively focused on automotive industry.
• Advances made in infrastructure for handling and recycling of lead-acid batteries have substantially expanded the avenue in the market.
• Governments are keen on boosting the e-recycling rate. This has also boosted the market.
• The growing demand for flooded lead acid deep cycle batteries for renewable energy storage is a key trend helping pave way to new chemistries in the lead-acid battery scrap.
• The strides made in the lead industry are spurring substantial opportunities for players in the lead-acid battery scrap market. Proliferating demand for secondary lead among lead metal producers is boosting the market. They account for 55% share of the total lead production.
• Advances made in minerals and metallurgy is another key driver for growth in the lead-acid battery scrap market.

Purchase Premium Research Report on Lead-acid Battery Scrap Market @ https://www.transparencymarketresearch.com/checkout.php

Lead-acid Battery Scrap Market: Regional Landscape

Asia Pacific is a promising regional market and it held the major market share in 2018. Battery recyclers are keen on comply with the latest norms. China is a major country market in the region. Another prominent trend propelling opportunities in the regional market is the adoption of lead acid battery for large-scale storage, notably in tier 1 and tier 2 cities and increasingly in rural areas.

Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm

The global lead-acid battery scrap market can be segmented on the basis of:

• Battery
• Flooded
• Sealed
• AGM
• Gel
• Product
• Lead
• Sulfuric Acid
• Others
• Source
• Motor Vehicles
• UPS
• Telecom Stations
• Electric Power
• Watercraft
• Aircraft
• Military
• Oil & Gas
• Stand-alone Systems
• Others 
• Region
• North America
• U.S.
• Canada
• Europe
• U.K.
• France
• Germany
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Chile
• Colombia
• Rest Latin America
• Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa

Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm