Thursday, April 18, 2024

Email id:, Contact Us : +91-9871552944

Home Automotive, Transportation and Warehousing About 10 Global and Regional Players Dominate Europe Battery Recycling Market Holding...

About 10 Global and Regional Players Dominate Europe Battery Recycling Market Holding Over 40% of Revenue in 2021 Says Report: Ken Research

Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of about ~100 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study by Ken Research on Europe Battery Recycling Market

Battery recycling is the technique of reusing and reprocessing batteries with the goal of minimizing the number of batteries disposed away as material waste. The discarded batteries and accumulators that a recycling plant receives begin the recycling process after being collected, sorted, or prepared for recycling. When output fractions are created, used for their intended purpose or for other reasons, without requiring further processing, and are no longer considered waste, the process is complete.

The augmenting demand from industries has boosted the production process of batteries which has in turn posed pressure on raw material production at an advanced rate. It is directly affecting the ratio proportion of the ability to produce raw materials like lithium to the demand for the same. This has focused the attention on recycling processes to meet up with the rise of battery requirements in industries. Ken Research shares some key insights on this high opportunity market from its latest research study.

Global and Major Players that Constitute Just 10% of Total Number of Competitors Hold Largest Revenue Share of ~40% While Regional Companies Also Have A Strong Presence and Hold 30%

A comprehensive competitive analysis conducted during the Research Study found that the Europe Battery Recycling Industry is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players having their own niche in battery recycling tech advancement for multiple industries. The large global players comprise about 10% in terms of the number of companies and hold ~40% of the market revenue share followed by regional players which account for ~30% of the market revenue.

The Specialist Players Earn a Major Share of Their Global Revenues from Battery Recycling Segments

For specialist players such as Redux Recycling GmBh and Li-Cycle, the companies’ battery recyling businesses generate ~98% of their global revenues. Major leading global competitors are having a strong presence in the Europe Battery Recycling market and offer recycled battery and battery components like lithium, lead, plastics, copper, nickel, aluminum, etc., to all major end-user industries.

Post-Covid pandemic, the trend of launching products with Wider Sustainability is being adopted

According to the International Council on Clean Transportation, the European electric vehicle (EV) market experienced remarkable growth in 2020, posting a 143% increase in sales of passenger electric cars from 2019. The sales in 2020 made Europe the biggest EV market globally, surpassing China and the US. Although sales of all new cars in Europe decreased by 20%, the increase in EV sales boosted the EV share to 11%. Both battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) have jumped into the air, not only in terms of market share but also in overall terms. In Germany, sales of PHEV vehicles from January to June increased from 47,584 in 2019 to 93,848 in 2020. Similar trends were observed across other countries in Europe.

The consumption of primary resources like lead and lithium has been on the rise as of the year 2022 in terms of application in various industries like transport (electric vehicles, buses, etc.), and is predicted to continue growing in the years to come. This makes recycling necessary in order to preserve natural resources and lessen environmental impact.

Europe Battery Recycling Industry

                                    Request for Sample Report@

Increased adoption of Battery Recycling in Europe leading to major industry-wide developments, acquisitions, and deal-wins

  • In March 2022, the Second Life project has been launched in collaboration with Nissan and Enel. The initiative improves grid stability to assist meet the needs of an isolated network by combining old Nissan electric vehicle batteries with a conventional power plant in Melilla, Spain, run by the Enel Group’s Spanish subsidiary, Endesa.
  • In July 2022, with USD 16.6 Mn, the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) is supporting the creation of a comprehensive recycling strategy for lithium-ion batteries. In order to facilitate effective recycling management of battery materials, a recycling pilot plant is being constructed at the Mercedes-Benz factory in Kuppenheim as part of the LiBinfinity project.
  • In April 2022, the first high-purity nickel from lithium-ion battery black mass was created by Aqua Metals at its innovation hub in the Tahoe-Reno Industrial Center.
  • In May 2022, In Shanghai, GEM and the Hungarian Consulate General inked an “MOU for Cooperation on Production of High-nickel Precursors for New Energy Vehicles and Recycling of Scrap Power Batteries” after cordial negotiations.
  • In July 2022, a strategic partnership deal has been reached between the Chinese lithium battery technology company CALB and the German BMZ Group. In order to supply markets in Europe, America, and Asia-Pacific with lithium-ion batteries for use in electric commercial vehicles, the partners intend to develop and manufacture them jointly, using the pyrometallurgical method.
  • In June 2022, Aurubis, a German company had begun its construction of a recycling plant in Augusta. The plant will recycle up to 90,000 tons of cables, circuit boards, and electronics into blister copper and other metals preferably through pyrometallurgy recycling method.

Key Topics Covered in the Report: –

  • Snapshot of Europe Battery Recycling Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of Europe Battery Recycling Market
  • Historic Growth of Overall Europe Battery Recycling Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Europe Battery Recycling Industry
  • Overview, Product Offerings, and SWOT Analysis of Key Competitors
  • Covid 19 Impact on the Overall Europe Battery Recycling Market
  • Future Market Forecast and Growth Rates of the Total Europe Battery Recycling Market and by Segments
  • Market Size of Source / End-User Segments with Historical CAGR and Future Forecasts
  • Analysis of Battery Recycling Market in Major European Countries
  • Major Production / Consumption Hubs in the Major European Countries
  • Major Production/Supply and Consumption/Demand Hubs in Each Major Country
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Country

 Major Companies Profiled in the Report: –

  • Accurec Recycling GmbH
  • Umicore
  • Volkswagen Group
  • BASF Battery Materials and Recycling
  • REDUX Recycling GmbH
  • Li-Cycle
  • Saft Groupe SA
  • SNAM
  • Stena Recycling
  • Erament
  • Hydrovolt

 Notable Emerging Companies Mentioned in the Report

  • Primobius GmbH
  • Saperatec GmbH
  • Duesenfeld
  • Recover
  • BatRecycle
  • Portable Battery Recycling Limited
  • STC Srl
  • Sovema Group

 Time Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022-2027F

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Battery Recycling Companies
  • Recycled Battery Providers
  • Recycled Battery Manufacturers
  • Recycled Battery Suppliers
  • Electric Vehicle Manufacturers
  • Battery Cell Manufacturers
  • Battery Raw Material Producers
  • Battery Waste Managers and Recyclers
  • Waste Batteries Collectors
  • Waste Batteries Aggregators
  • Waste Batteries Treatment Service Companies
  • Waste Batteries Transport Companies
  • Waste Batteries Logistics Companies
  • Waste Batteries Supply Chain Solution Providers
  • Battery Allied Industries
  • Renewable Energy Companies
  • Electric Vehicle Battery Suppliers
  • Electric Vehicle Battery Manufacturers
  • Automotive Industry Associations
  • Environment Control and Emission Regulatory Organizations
  • Potential Investors in Electric Vehicle Companies

For More Information on the Research Report, refer to below links: –

Europe Battery Recycling market Analysis

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications



What Makes Activa 6G Red Colour Stand Out Style and Features Reviewed

The Honda Activa Scooty has been a popular choice in the Indian market for decades, and the new Activa 6G Red Colour has taken...

Car Rental Market Share: Understanding the Competitive Landscape

In the fast-paced world of transportation, the car rental market stands as a dynamic and indispensable sector, offering mobility solutions to individuals and businesses...

Used Vehicles Market: Major Players and Trends

In the ever-evolving landscape of transportation, the used vehicles market emerges as a dynamic and bustling sector, teeming with opportunities and challenges alike. From...

Most Popular

Revitalize Your Ride: The Ultimate Guide to Seamless Car Insurance Renewal

Renewing your car insurance can be a daunting task, but it is a necessary one. While it is hard to predict the future, having...

Mastering TNEB Online Payment: Expert Tips for Efficiency and Convenience

In today's fast-paced world, where convenience and efficiency are paramount, mastering TNEB online payment can significantly streamline your monthly electricity bill payment process. With...

Dietary Supplements Market: Size, Segmentation and Future Outlook

Dietary supplements, those concentrated sources of nutrients, have become a staple in many households globally. Whether it's filling nutritional gaps or targeting specific health...

Why You Should Choose the Best Credit Card in India for Your Financial Goals

In today's world, the use of credit cards has become an integral part of our lives. Whether it is for making everyday purchases or...