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Battery recycling reduces the emission of greenhouse gas and helps to maintain the environment for future generation are the major driving factor helps in surging the growth of this market whereas lack of awareness among the people about battery recycling can act as the restraining factor in the market. Increasing demand for automobile industry is expected to grow the market for battery recycling over coming years.
Key player - Exide Technologies, Johnson Controls, Gopher Resource, East Penn Manufacturing Company, Retriev Technologies Inc.