Figure 1. Research Method Flow Chart
Figure 2. Breakdown of Primary Research
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027
Figure 5. Europe Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn
Figure 6. Impact of COVID-19 on Business
Figure 7. Primary Drivers and Impact Factors of Europe Electric Vehicle Battery Reuse and Recycling Market
Figure 8. World Electric Vehicle Market by Sales Value, 2019-2030, $ bn
Figure 9. World Electric Vehicle Market by Sales Volume, 2019-2030, million units
Figure 10. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, %
Figure 11. Primary Restraints and Impact Factors of Europe Electric Vehicle Battery Reuse and Recycling Market
Figure 12. Investment Opportunity Analysis
Figure 13. Porter’s Fiver Forces Analysis of Europe Electric Vehicle Battery Reuse and Recycling Market
Figure 14. Breakdown of Europe Electric Vehicle Battery Reuse and Recycling Market by Category, 2020-2027, % of Revenue
Figure 15. Contribution to Europe 2021-2027 Cumulative Revenue by Category, Value ($ mn) and Share (%)
Figure 16. Europe Electric Vehicle Battery Reuse and Recycling Market: Reuse of EV Batteries, 2017-2027, $ mn
Figure 17. Europe Electric Vehicle Battery Reuse and Recycling Market: Recycling of EV Batteries, 2017-2027, $ mn
Figure 18. Europe Electric Vehicle Battery Reuse and Recycling Market: Hydro-metallurgical Process, 2017-2027, $ mn
Figure 19. Europe Electric Vehicle Battery Reuse and Recycling Market: Pyro-metallurgical Process, 2017-2027, $ mn
Figure 20. Europe Electric Vehicle Battery Reuse and Recycling Market: Other Processes, 2017-2027, $ mn
Figure 21. Breakdown of Europe Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2020-2027, % of Revenue
Figure 22. Contribution to Europe 2021-2027 Cumulative Revenue by Battery Type, Value ($ mn) and Share (%)
Figure 23. Europe Electric Vehicle Battery Reuse and Recycling Market: Lithium-ion Batteries, 2017-2027, $ mn
Figure 24. Europe Electric Vehicle Battery Reuse and Recycling Market: Nickel-metal Hydride Batteries, 2017-2027, $ mn
Figure 25. Europe Electric Vehicle Battery Reuse and Recycling Market: Lead-acid Batteries, 2017-2027, $ mn
Figure 26. Europe Electric Vehicle Battery Reuse and Recycling Market: Other Battery Types, 2017-2027, $ mn
Figure 27. Breakdown of Europe Electric Vehicle Battery Reuse and Recycling Market by EV Type, 2020-2027, % of Revenue
Figure 28. Contribution to Europe 2021-2027 Cumulative Revenue by EV Type, Value ($ mn) and Share (%)
Figure 29. Europe Electric Vehicle Battery Reuse and Recycling Market: Battery Electric Vehicle (BEV), 2017-2027, $ mn
Figure 30. Europe Electric Vehicle Battery Reuse and Recycling Market: Hybrid Electric Vehicle (HEV), 2017-2027, $ mn
Figure 31. Europe Electric Vehicle Battery Reuse and Recycling Market: Plug-in Hybrid Electric Vehicle (PHEV), 2017-2027, $ mn
Figure 32. Europe Electric Vehicle Battery Reuse and Recycling Market: Fuel Cell Electric Vehicle (FCEV), 2017-2027, $ mn
Figure 33. Breakdown of Europe Electric Vehicle Battery Reuse and Recycling Market by End Use, 2020-2027, % of Revenue
Figure 34. Contribution to Europe 2021-2027 Cumulative Revenue by End Use, Value ($ mn) and Share (%)
Figure 35. Europe Electric Vehicle Battery Reuse and Recycling Market: Electric Cars, 2017-2027, $ mn
Figure 36. Europe Electric Vehicle Battery Reuse and Recycling Market: Electric Buses, 2017-2027, $ mn
Figure 37. Europe Electric Vehicle Battery Reuse and Recycling Market: Energy Storage Systems, 2017-2027, $ mn
Figure 38. Europe Electric Vehicle Battery Reuse and Recycling Market: Other End Uses, 2017-2027, $ mn
Figure 39. Breakdown of European Electric Vehicle Battery Reuse and Recycling Market by Country, 2020 and 2027, % of Revenue
Figure 40. Contribution to Europe 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 41. Electric Vehicle Battery Reuse and Recycling Market in UK, 2017-2027, $ mn
Figure 42. Electric Vehicle Battery Reuse and Recycling Market in France, 2017-2027, $ mn
Figure 43. Electric Vehicle Battery Reuse and Recycling Market in Germany, 2017-2027, $ mn
Figure 44. Electric Vehicle Battery Reuse and Recycling Market in Spain, 2017-2027, $ mn
Figure 45. Electric Vehicle Battery Reuse and Recycling Market in Italy, 2017-2027, $ mn
Figure 46. Electric Vehicle Battery Reuse and Recycling Market in Russia, 2017-2027, $ mn
Figure 47. Electric Vehicle Battery Reuse and Recycling Market in Rest of Europe, 2017-2027, $ mn
Figure 48. Growth Stage of Europe Electric Vehicle Battery Reuse and Recycling Industry over the Forecast Period
Europe EV battery reuse and recycling market accounted for $68.2 million in 2020 and will grow by 53.4% annually over 2020-2027 owing to the need of reducing battery waste and costly battery disposal, demand for electric vehicles, and focus on sustainable transportation. The EU is formulating new EV battery regulations that are expected to be in place by 2023. The new regulation states new circular partnerships between battery manufacturers and recyclers. This would lead to an increase in the use of recyclable materials to produce new batteries, and battery passports would be introduced to ensure traceability. It will affect the designing, labelling, collection, re-use, and recycling of batteries throughout their lifecycles.
At least 50% of a battery's weight must be recycled, but from 2025, this will be increased to 65% for lithium-ion batteries and to 70% by 2030. Specific recycling requirements are expected to be introduced for each type of battery, like cobalt, copper, nickel, and lead batteries. The restraints to the market would place a burden on the recyclers to disclose the annual quantity of batteries they handle and recycle, along with the recycling rates of various materials extracted. Manufacturers would have to increase the number of portable batteries they collect by 45% by 2026 and 70% by 2030.
The recycling technology consists of hydro-metallurgical processes, pyro-metallurgical processes and other processes, out of which hydro-metallurgical processes are widely adopted by companies as they maximise the recovered material efficiency as it avoids burning potentially recoverable organic material while at the same time reducing the environmental burden through low energy use. However, it is more sensitive to feedstock chemistry and introduces more complexity to the range of processes available. The optimal process choice will vary depending on the capabilities, ambitions, and position of the player in the value chain.
Highlighted with 34 tables and 48 figures, this 110-page report “Europe Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End Use, and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Europe EV battery reuse and recycling market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2020 and provides forecast from 2021 till 2027 with 2020 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe EV battery reuse and recycling market in every aspect of the classification from perspectives of Category, Battery Type, EV Type, End Use, and Country.
Based on Category, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
Reuse of EV Batteries
Recycling of EV Batteries
• Hydro-metallurgical Process
• Pyro-metallurgical Process
• Other Processes
Based on Battery Type, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Lithium-ion Batteries
• Nickel-metal Hydride Batteries
• Lead-acid Batteries
• Other Battery Types
Based on EV Type, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)
Based on End Use, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Electric Cars
• Electric Buses
• Energy Storage Systems
• Other End Uses
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of key national markets by Category, Battery Type, and End Use over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Europe EV battery reuse and recycling market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
ACCUREC Recycling GmbH
American Manganese Inc.
Battery Solutions
BMW AG
G & P Service
LI-CYCLE CORP.
Nissan Motor Co. Ltd.
Recupyl
Retriev Technologies
SITRASA
SNAM S.A.S.
Tesla Inc.
Toshiba Corporation
Umicore
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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