Is lead acid battery recycling profitable?

      #Industry ·2024-12-19

      Recycling lead-acid batteries is indeed profitable. Here are a few key points to support this conclusion:

      Market size and growth trend: according to Wisdom Research Consulting, the market size of China's lead-acid battery recycling industry reached 45 billion yuan in 2023, with large enterprises accounting for more than 70% of the market share, and the industry's concentration further increased
      . This indicates that the lead-acid battery recycling market has a large scale and growth potential.

      Recycling value and profit margin: the New Beijing News reported that the annual profit margin in the field of waste lead-acid batteries is generally between 5% and 10%
      . This shows that the return on investment in the lead-acid battery recycling industry is positive and has some profitability.

      Resource recycling and environmental protection policy support: the high recycling rate of lead-acid batteries (lead recycling rate of more than 95%) makes the recycling rate of lead-acid batteries much higher than that of other types of batteries
      The recycling rate of lead-acid batteries is much higher than that of other types of batteries. The national standard “Technical Specification for the Recycling of Waste Lead-Acid Batteries” issued by the State Administration of Market Supervision and Administration and the State Standardization Administration provides regulatory support for the waste lead-acid battery recycling industry.
      This helps the standardization and healthy development of the industry.

      Growing market demand: With the continuous growth of domestic economy and the booming development of new energy, electric vehicles and other industries, the demand for lead-acid batteries in the domestic market will continue to increase
      The demand for lead-acid batteries in the domestic market will continue to increase. This will further promote the development of lead-acid battery recycling industry.

      International market opportunities: with the deep development of globalization, lead-acid battery enterprises need to actively expand the international market and participate in global competition
      Opportunities in the international market. This provides a broader market space for the lead-acid battery recycling industry.

      Related tags:: bews tags news

      Jiangxi Mingxin Metallurgy Equipment Co., Ltd
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