Latin America Battery Recycling Market Size & Outlook
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- Battery Recycling Market Outlook
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Latin America battery recycling market highlights
- The Latin America battery recycling market generated a revenue of USD 147.3 million in 2023.
- The market is expected to grow at a CAGR of 35% from 2024 to 2030.
- In terms of segment, lead acid was the largest revenue generating chemistry in 2023.
- Lithium-ion is the most lucrative chemistry segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 147.3 million |
| Market revenue in 2030 | USD 1,206.6 million |
| Growth rate | 35% (CAGR from 2024 to 2030) |
| Largest segment | Lead acid |
| Fastest growing segment | Lithium-ion |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-ion, Lead acid, Nickel, Cobalt, Manganese |
| Key market players worldwide | Call2Recycle, EXIDE Industries, Gravita India Ltd, Glencore PLC, Gopher Resource, East Penn Manufacturing Co, Aqua Metals Inc, American Battery Technology Company, Cirba Solutions |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.1% of the battery recycling market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,498.9 million by 2030.
Battery recycling market in Central & South America is projected to grow at a significant rate over the forecast period owing to the surged utilization of lead-acid batteries in the regional downstream markets such as automotive, power generation & transmission, energy storage, and portable electronic devices.
Surging usage of lithium-ion batteries in large-scale battery storage units in the region is expected to fuel the battery recycling activities in Central & South America. The rising demand for lead-acid and lithium-ion batteries is also expected to increase the number of spent batteries in the region, thereby having a positive impact on the growth of the market in Central & South America in the coming years.
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Publish Date: Mar 11, 2025
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Battery Recycling Market Scope
Battery Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| EXIDE Industries | View profile | 10001+ | Kolkata, West Bengal, India, Asia | www.exideindustries.com/ |
| Gopher Resource | View profile | 501-1000 | Eagan, Minnesota, United States, North America | www.gopherresource.com/ |
| East Penn Manufacturing Co | View profile | 10001+ | Lyon Station, Pennsylvania, United States, North America | www.eastpennmanufacturing.com/ |
| Call2Recycle | View profile | 11-50 | Atlanta, Georgia, United States, North America | www.call2recycle.org/ |
| Gravita India Ltd | View profile | 251-500 | Jaipur, Rajasthan, India, Asia | www.gravitaindia.com |
| Glencore PLC | View profile | 83,426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | www.glencore.com |
| Aqua Metals Inc | View profile | 53 | 5370 Kietzke Lane, Suite 201, Reno, NV, United States, 89511 | www.aquametals.com |
| Cirba Solutions | View profile | 51-100 | Charlotte, North Carolina, United States, North America | www.cirbasolutions.com |
| American Battery Technology Company | View profile | 51-100 | Reno, Nevada, United States, North America | americanbatterytechnology.com/ |
Latin America Battery Recycling Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Battery Recycling Market Outlook will help companies and investors design strategic landscapes.
Lead Acid was the largest segment with a revenue share of 87.85% in 2023.
Horizon Databook has segmented the Latin America battery recycling market based on lithium-ion, lead acid, nickel, cobalt, manganese covering the revenue growth of each sub-segment from 2018 to 2030.
Battery recycling market in Central & South America is projected to grow at a significant rate over the forecast period owing to the surged utilization of lead-acid batteries in the regional downstream markets such as automotive, power generation & transmission, energy storage, and portable electronic devices.
Surging usage of lithium-ion batteries in large-scale battery storage units in the region is expected to fuel the battery recycling activities in Central & South America. The rising demand for lead-acid and lithium-ion batteries is also expected to increase the number of spent batteries in the region, thereby having a positive impact on the growth of the market in Central & South America in the coming years.
- Latin America Battery Recycling Market Chemistry Outlook (Revenue, USD Million , 2018-2030)
- Lithium-ion
- Lead acid
- Nickel
- Cobalt
- Manganese
- Latin America Battery Recycling Market Application Outlook (Revenue, USD Million , 2018-2030)
- Transportation
- Consumer electronics
- Industrial
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Battery Recycling Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Battery Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Battery Recycling Market, 2018-2030 (US$M)
Latin America battery recycling market statistics, by chemistry, 2018-2030 (US$M)
