Vietnam Battery Recycling Market Size & Outlook, 2023-2030
The battery recycling market in Vietnam is expected to reach a projected revenue of US$ 1.5 million by 2030. A compound annual growth rate of 39% is expected of Vietnam battery recycling market from 2024 to 2030.
Revenue, 2023 (US$M)
$0.1
Forecast, 2030 (US$M)
$1.5
CAGR, 2024 - 2030
39%
Report Coverage
Vietnam
Related Markets
Vietnam battery recycling market highlights
- The Vietnam battery recycling market generated a revenue of USD 0.1 million in 2023 and is expected to reach USD 1.5 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 39% 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.
Battery recycling market data book summary
| Market revenue in 2023 | USD 0.1 million |
| Market revenue in 2030 | USD 1.5 million |
| Growth rate | 39% (CAGR from 2024 to 2030) |
| Largest segment | Lead acid |
| Fastest growing segment | Lithium-ion |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China battery recycling market is projected to lead the regional market in terms of revenue in 2030.
- Malaysia is the fastest growing regional market in Asia Pacific and is projected to reach USD 82.9 million by 2030.
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Battery Recycling Market Scope
Battery recycling market segmentation & scope
Battery Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| American Battery Technology Company | View profile | 51-100 | Reno, Nevada, United States, North America | https://americanbatterytechnology.com/ |
| Cirba Solutions | View profile | 51-100 | Charlotte, North Carolina, United States, North America | https://www.cirbasolutions.com |
| Aqua Metals Inc | View profile | 53 | 5370 Kietzke Lane, Suite 201, Reno, NV, United States, 89511 | https://www.aquametals.com |
| Glencore PLC | View profile | 83426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | https://www.glencore.com |
| Gravita India Ltd | View profile | 251-500 | Jaipur, Rajasthan, India, Asia | http://www.gravitaindia.com |
| Call2Recycle | View profile | 11-50 | Atlanta, Georgia, United States, North America | http://www.call2recycle.org/ |
| East Penn Manufacturing Co | View profile | 10001+ | Lyon Station, Pennsylvania, United States, North America | https://www.eastpennmanufacturing.com/ |
| Gopher Resource | View profile | 501-1000 | Eagan, Minnesota, United States, North America | http://www.gopherresource.com/ |
| EXIDE Industries | View profile | 10001+ | Kolkata, West Bengal, India, Asia | http://www.exideindustries.com/ |
Vietnam battery recycling market size, by chemistry, 2018-2030 (US$M)
Vietnam Battery Recycling Market Outlook Share, 2023 & 2030 (US$M)
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