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.
