Altus Asia Group Pte Ltd has signed an agreement to develop a lead acid battery recycling facility in Singapore, using technology from Ace Recycling Pte Ltd and VerdeEn Chemicals Inc. This facility will be able to recycle up to10,000MT per annum of Used Lead Acid Battery and recover Lead, Metallics, Plastics, Gypsum and water.
Egypt Lead-acid Battery Consumption Value and Growth Rate (2018-2029) & (USD Million) Figure 73. Saudi Arabia Lead-acid Battery Consumption Value and Growth Rate (2018-2029) & (USD Million) Figure 74. South Africa Lead-acid Battery Consumption Value and Growth Rate (2018-2029) & (USD Million) Figure 75. Lead-acid Battery Market Drivers Figure 76.
In terms of application, Automotive Starter is the largest market, with a share over 53%. This report is a detailed and comprehensive analysis for global Lead-acid Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application.
In current scheme of the lead recycling, the circulability value indicates the ratio of lead remaining in the life cycle of lead-acid battery that the current situation in China for lead-acid battery industry, it still requires 66% of the total lead from primary lead production.
Global key players of Lead-Acid Battery (Lead-Acid Batteries) include Clarios, Tianneng Holding Group, Chilwee, Exide Technologies, CSB Energy Technology, GS Yuasa, EnerSys and East Penn Manufacturing, etc. Top five players occupy for a share about 44%.
30% of primary lead production may be cut by improving the management efficiency. Lead is classified to be one of the top heavy metal pollutants in China. The corresponding environmental issues especially during the management of spent lead-acid battery have already caused significant public awareness and concern.