Positive Outlook for Battery Recycling

The “Global Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End-Use, and Region: Trend Outlook and Growth Opportunity” report has been added to ResearchAndMarkets.com’s offering.

According to the market research store, this sector will reach 5,391.8 million US-Dollar by 2027, growing by 54.2 percent annually over 2020-2027. The market is driven by reducing battery waste and costly battery disposal, an incresing demand for electric vehicles, and focus on sustainable transportation. As underlined, the analysis and assessment are generated from “premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

The report is based on studies on 2017-2020 and provides forecast from 2021 till 2027 with 2020 as the base year.”


(Published in GLOBAL RECYCLING Magazine 2/2021, Page 45)