Advanced Lead Acid Battery Market Trends

Growth Drivers

• Better recyclability - Decomposing advanced lead acid batteries is less intricate when compared to other batteries, including lithium-ion batteries. It has been estimated that approximately 99% of advanced lead-acid batteries are recycled annually. Every part of the battery to utilized and processed to create a whole new battery. Neutralization of the sulphuric acid in the advanced lead batteries is done in one of the two different methods. One method involves using an industry chemical, which is similar to baking soda that converts the acid to water. The other method comprises processing the acid into sodium sulfate, which also finds its applications in dry cleaning and laundry services, glass, and textile manufacture. Another advantage that is expected to push the advanced lead acid battery market in an upward trajectory is that the least amount of energy investment is required to produce a new lead acid battery
• Proliferating data centers - In these digital times, data centers are the corner store for any business, and any setback in this department may lead to large repercussions. To prevent any power disruptions, and allow the ceaseless working of the data center, the infrastructure relies on advanced lead acid batteries, to back up the power. Providing the benefit of lower energy costs, these batteries can operate even at higher temperatures. It also removes any requirement for persistent repairs, while keeping the whole backup system reliable and safe. There are approximately 11,000 data centers globally, and expanding by the day, that rely on advanced lead acid batteries for a steady function.
• Increased demands for electric vehicles - Another area of application of advanced lead acid batteries is in electronic vehicles. Amidst the mounting concerns over increased greenhouse gas emissions, and the urgency to find environmentally friendly solutions in automotive, electric vehicles are steadily gaining their market presence. Advanced lead-acid batteries provide a dependable, safe, and powerful replacement to carry the battery’s load, and allow the vehicles to run on electricity, rather than the secondary fuels. Globally, every year nearly 11 million electric vehicles are being sold and this number is only expected to rise in the coming times, leading to further requirements for advanced lead acid batteries.

Challenges

• Safety concerns - Due to their ability to deliver high-rate electric charge, caution must be exercised when handling these batteries. The toxic gases released when charging these batteries include the emission of hydrogen and oxygen which are highly inflammable and carry an inherent risk of explosion. The sulfuric acid present inside the battery must be dealt with carefully since it carries the peril of physical injury upon bare contact. Additionally, its spillage can extensively damage not just the property but also the environment.
   
• Limited capacity - Only up to a quarter of the advanced lead acid battery is utilized which severely affects its overall performance. The life cycles of these batteries are limited, and when not maintained well, the battery may be rendered useless within a short period.