Europe Electric Vehicle Lithium-Ion Battery Recycling Market is Expected to Grow at a CAGR of 21.3% in the Forecast Period of 2022 to 2029

Europe Electric Vehicle Lithium-Ion Battery Recycling Market is forecast to grow at 21.3%, due to the rising demand for zero-emission vehicles.

Germany is expected to dominate the Europe electric vehicle lithium-ion battery recycling market due to the increasing demand for electric vehicles and depleting metal reserves such as cobalt and lithium.

Europe Electric Vehicle Lithium-Ion Battery Recycling Market Scenario

According to Data Bridge Market Research, the market for Europe electric vehicle lithium-ion battery recycling market in Germany has the highest market share. The market leader is American Manganese Inc. accounting for approximately 19.13% market share. The company has gained outstanding sales through innovative electric vehicle lithium-ion battery recycling products for several industries.

For Instance:

  • In March 2021, American Manganese Inc., with its patented lithium-ion battery cathode recycling process – RecycLiCo, signed a Memorandum of Understanding with Italvolt. They will together develop a commercial recycling plant alongside Italvolt’s planned Gigafactory in Scarmagno, Italy

Europe Electric Vehicle Lithium-Ion Battery Recycling MarketTrends Impacting the Market

Now the question is which other regions are American Manganese Inc., GanfengLithium, FORTUM and others are targeting? Data Bridge Market Research has forecasted a large growth in the Europe electric vehicle lithium-ion battery recycling market, and the market leaders target Germany and France to be their next revenue pockets for 2021.

Europe electric vehicle lithium-ion battery recycling market is becoming more competitive every year with American Manganese Inc, GanfengLithium, FORTUM, and others as they are the industry leaders. The Data Bridge Market Research reports highlight the major growth factors and opportunities in the Europe electric vehicle lithium-ion battery recycling market.

For more analysis on the Europe electric vehicle lithium-ion battery recycling market, request a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=europe-electric-vehicle-lithium-ion-battery-recycling-market

Europe Electric Vehicle Lithium-Ion Battery Recycling Market Development

  • In August 2021, Fortum and Valmet Automotive entered into cooperation in sustainable recycling of battery materials to ensure the safe and sustainable recycling of all non-conforming battery materials from Valmet Automotive’s battery plants in Salo and Uusikaupunki

Scope of the Europe Electric Vehicle Lithium-Ion Battery Recycling Market

Europe electric vehicle lithium-ion battery recycling market is segmented into countries such as Switzerland, Italy, Germany, France, U.K., Spain, Belgium, Netherlands, Russia, Turkey, Luxemburg, Rest of Europe. All country-based analysis of Europe electric vehicle lithium-ion battery recycling market is further analyzed based on further segmentation.

  • On the basis of process Asia-Pacific electric vehicle lithium-ion battery recycling market is segmented into pyrometallurgical, hydrometallurgical, and others. On the basis of application Asia-Pacific, the electric vehicle lithium-ion battery recycling market is segmented into passenger cars and commercial vehicle.

To know more about the study- https://www.databridgemarketresearch.com/reports/europe-electric-vehicle-lithium-ion-battery-recycling-market

Key Pointers Covered In Europe, North America, APAC Electric Vehicle Lithium-Ion Battery Recycling Market Industry Trends and Forecast to 2029

  • Market size
  • Market standards and changes
  • Market trials in different regions
  • Market requirements in different regions
  • Market shares in different regions
  • Recent developments for market competitors
  • Recent market value for different regions
  • Sales data for market competitors
  • Key vendors and disruptors study
  • Supply chain competitiveness

Key Market Competitors Covered in the Report

  • Umicore
  • American Manganese Inc.
  • Glencore
  • FORTUM
  • Duesenfeld GmbH
  • ACCURE-Recycling GmbH
  • Tata Chemicals Ltd.
  • ECOBAT
  • GanfengLithium Co.Ltd.

Above are the key players covered in the report. To know about more an exhaustive list of Europe electric vehicle lithium-ion battery recycling companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=europe-electric-vehicle-lithium-ion-battery-recycling-market

Research Methodology: Europe Electric Vehicle Lithium-Ion Battery Recycling Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.

The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufactures
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.

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