Top 8 Battery Recycling Companies in the World

The global battery recycling market reached a value of US$ 15.6 Billion in 2023. As per the analysis by IMARC Group, the top players in the battery recycling companies are focusing on extensive research and development (R&D) activities to develop new and more efficient recycling technologies. Additionally, numerous key players are expanding their recycling facilities in order to meet the growing demand for recycling services. Besides this, various collaborations and strategic mergers and acquisitions are creating a positive market outlook. Moreover, key players in the battery recycling market are also adopting sustainable business practices, including the use of renewable energy and the reduction of waste in their operations. Looking forward, the market value is expected to reach US$ 29.9 Billion by 2032, growing at a projected CAGR of 7.2% during 2024-2032.

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List of Top Companies Operating in the Battery Recycling Manufacturing Industry Worldwide

The global battery recycling market has several major players including Accurec Recycling GmbH, Aqua Metals, Battery Solutions, Call2recycle Inc., Eco-Bat Technologies, Enersys, Exide Technologies, G. & P. Batteries Limited, Gravita India Limited, Johnson Controls, Retriev Technologies Inc., and Umicore. More information about these companies has been provided below.

1. Accurec Recycling GmbH

Accurec Recycling GmbH is a leading battery recycling company specializing in the recycling of rechargeable batteries, such as lithium-ion, nickel-cadmium, and nickel-metal hydride batteries. The company has developed innovative recycling technologies and processes that enable it to recover valuable metals and minerals from used batteries. These procedures involve the use of advanced mechanical and pyrometallurgical techniques to recover metals such as cobalt, nickel, and lithium. Accurec Recycling GmbH also offers a range of services, including battery collection and logistics, dismantling and sorting, and environmental consulting. The company is committed to providing its customers with sustainable and environment-friendly recycling solutions.

2. Aqua Metals

Aqua Metals is a publicly traded company that is focused on developing and commercializing a unique, proprietary electrochemical lead recycling technology. The company's technology, known as AquaRefining, uses a water-based solvent to extract lead from used batteries. Compared to traditional smelting methods, AquaRefining is a cleaner and more sustainable process that eliminates toxic emissions and reduces energy consumption. The process is also highly scalable and can be easily integrated into existing lead recycling facilities. Aqua Metals' AquaRefining technology has been recognized for its environmental and economic benefits. In addition to developing its own lead recycling facilities, Aqua Metals has also formed strategic partnerships with other companies in the lead-acid battery industry. The company has established joint ventures and licensing agreements with battery manufacturers and recyclers in the United States and internationally.

3. Call2recycle Inc.

Call2Recycle is a non-profit organization dedicated to promoting and facilitating the recycling of batteries and other electronic waste. The company provides a free and convenient way for consumers and businesses to recycle their batteries and electronics. It has a network of over 30,000 drop-off locations across North America where individuals can bring their used batteries and electronics for recycling. In addition, Call2Recycle offers a mail-back program for those who are unable to access a drop-off location. It works with a variety of stakeholders, including retailers, manufacturers, and government agencies, to promote responsible battery recycling and sustainability. Call2Recycle also engages in research and advocacy efforts to promote the development of sustainable battery technologies and the implementation of policies that support responsible battery recycling.

4. Eco-Bat Technologies

Eco-Bat Technologies is a global leader in the production and recycling of lead-based products. The company operates in several countries and has a diverse portfolio of products and services. One of the key areas of focus for Eco-Bat Technologies is lead-acid battery recycling. It operates several recycling facilities around the world, which allow it to recover valuable materials such as lead, plastic, and sulfuric acid from used batteries. These materials are then used to manufacture new batteries, reducing the need for virgin materials and minimizing the environmental impact of battery production.

5. Enersys

EnerSys is a global leader in stored energy solutions for industrial applications. The company offers a wide range of batteries, chargers, and accessories for a variety of industries, including aerospace, defense, material handling, and telecommunications. The products of this company are known for their high performance, reliability, and safety. One of the key areas of focus for EnerSys is the development of innovative technologies to improve the efficiency and performance of their products. In addition to their products, EnerSys offers a range of services to help customers optimize their energy storage solutions. This includes battery testing and monitoring, installation and maintenance, and training programs for customers and employees.

6. Gravita India Limited

Gravita India Limited is an Indian-based company that specializes in manufacturing and exporting a wide range of lead metal and its by-products. The company produces a comprehensive range of lead products, including lead alloys, lead oxide, and pure lead. It also offers a range of lead-based products such as lead sheets, pipes, and wire rods that are used in various industries, including automotive, construction, and power sectors. It has also invested in advanced technologies such as waste battery recycling, which is an environment-friendly way of producing lead.

7. Johnson Controls

Johnson Controls is a multinational technology company that specializes in designing, manufacturing, and servicing heating, ventilation, and air conditioning (HVAC) systems, building automation systems, and security systems. The company has become a global leader in providing innovative solutions to improve energy efficiency and sustainability in buildings and vehicles. One of Johnson Controls' primary areas of expertise is energy efficiency. The company's products and services are designed to help customers reduce their energy consumption, lower their carbon footprint, and improve their operational efficiency. The company achieves this through a range of solutions, including energy management systems, energy storage, and renewable energy technologies. The company has implemented several initiatives to reduce waste and increase efficiency, including improving energy and water efficiency in its manufacturing facilities and reducing emissions from its products and supply chain. It has finalized an agreement covering North America, China and Europe for a cutting-edge electrochemical battery recycling technology. Under terms of a multi-faceted deal, the company is also investing in Aqua Metals

8. Umicore N.V.

Umicore is a global materials technology and recycling company that specializes in producing and recycling advanced materials for a variety of industries, including automotive, electronics, and renewable energy. Umicore's materials technology business focuses on developing advanced materials such as catalysts, rechargeable battery materials, and cobalt and nickel powders for various applications. It has also developed expertise in precious metals and materials such as platinum, palladium, and rhodium, which are essential components in many industrial processes and applications. The company is also committed to sustainability and reducing its environmental impact. Umicore has implemented several initiatives to reduce waste and increase efficiency in its manufacturing processes, including developing closed-loop recycling processes and using renewable energy sources in its operations. Umicore's recycling business specializes in the recycling of precious metals and other materials from end-of-life products. The company operates recycling facilities globally and has developed advanced recycling technologies that can recover valuable materials from various waste streams, including electronic waste and spent automotive catalysts.

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