Europe electric vehicle battery reuse and recycling market was valued at $174.2 million in 2022 and will grow by 42.9% annually over 2022-2032, driven by the need to reduce battery waste, costly battery disposal, the rising demand for urban vehicles, and a focus on sustainable transportation.
Highlighted with 72 tables and 53 figures, this 136-page report “Europe Electric Vehicle Battery Reuse and Recycling Market 2022-2032 by Category (Reuse, Recycling), Battery Type (Lithium-ion, Nickel-metal, Lead-acid, Others), EV Type (BEV, HEV, PHEV, FCEV), Vehicle (Passenger, Commercial), End Use (Cars, Buses, Energy Storage Systems, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe electric vehicle battery reuse and recycling market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe electric vehicle battery reuse and recycling market in every aspect of the classification from perspectives of Category, Battery Type, EV Type, Vehicle, End Use, and Country.
Based on Category, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Reuse of EV Batteries
• Recycling of EV Batteries
o Hydro-metallurgical Process
o Pyro-metallurgical Process
o Other Processes
Based on Battery Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Lithium-ion Batteries
o Lithium Ferro Phosphate (LFP) Battery
o Lithium-ion Manganese Oxide (LMO)
o Lithium-nickel-cobalt-aluminum Oxide (NCA)
o Lithium-nickel-manganese-cobalt Oxide (NMC)
o Lithium-titanate Oxide (LTO)
• Nickel-metal Hydride Batteries
• Lead-acid Batteries
• Other Battery Types
By EV Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)
By Vehicle, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Passenger EVs
• Commercial Evs
By End Use, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 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, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Category, Battery Type, and End Use over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ACCUREC Recycling GmbH
American Manganese Inc.
Battery Solutions
Bayerische Motoren Werke (BMW) AG
China Aviation Lithium Battery Company Limited
G & P Service
LI-CYCLE CORP.
Nissan Motor Co. Ltd.
Recupyl
Retriev Technologies
SITRASA
SNAM S.A.S. (FLORIDIENNE)
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.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Europe Market by Category 44
3.1 Market Overview by Category 44
3.2 Reuse of EV Batteries 46
3.3 Recycling of EV Batteries 47
3.3.1 Hydro-metallurgical Process 48
3.3.2 Pyro-metallurgical Process 49
3.3.3 Other Processes 50
4 Segmentation of Europe Market by Battery Type 51
4.1 Market Overview by Battery Type 51
4.2 Lithium-ion Batteries 53
4.2.1 Lithium Ferro Phosphate (LFP) Battery 55
4.2.2 Lithium-ion Manganese Oxide (LMO) 56
4.2.3 Lithium-nickel-cobalt-aluminum Oxide (NCA) 57
4.2.4 Lithium-nickel-manganese-cobalt Oxide (NMC) 58
4.2.5 Lithium-titanate Oxide (LTO) 59
4.3 Nickel-metal Hydride Batteries 60
4.4 Lead-acid Batteries 61
4.5 Other Battery Types 62
5 Segmentation of Europe Market by EV Type 63
5.1 Market Overview by EV Type 63
5.2 Battery Electric Vehicle (BEV) 65
5.3 Hybrid Electric Vehicle (HEV) 66
5.4 Plug-in Hybrid Electric Vehicle (PHEV) 67
5.5 Fuel Cell Electric Vehicle (FCEV) 68
6 Segmentation of Europe Market by Vehicle 69
6.1 Market Overview by Vehicle 69
6.2 Passenger EVs 71
6.3 Commercial EVs 72
7 Segmentation of Europe Market by End Use 73
7.1 Market Overview by End Use 73
7.2 Electric Cars 75
7.3 Electric Buses 76
7.4 Energy Storage Systems 77
7.5 Other End Uses 78
8 European Market 2022-2032 by Country 79
8.1 Overview of European Market 79
8.2 Germany 82
8.3 U.K. 85
8.4 France 88
8.5 Spain 90
8.6 Italy 92
8.7 Russia 94
8.8 Rest of European Market 96
9 Competitive Landscape 98
9.1 Overview of Key Vendors 98
9.2 New Product Launch, Partnership, Investment, and M&A 101
9.3 Company Profiles 102
ACCUREC Recycling GmbH 102
American Manganese Inc. 104
Battery Solutions 106
Bayerische Motoren Werke (BMW) AG 108
China Aviation Lithium Battery Company Limited 113
G & P Service 114
LI-CYCLE CORP. 116
Nissan Motor Co. Ltd. 118
Recupyl 120
Retriev Technologies 122
SITRASA 124
SNAM S.A.S. (FLORIDIENNE) 126
Tesla Inc. 128
Toshiba Corporation 131
Umicore 133
RELATED REPORTS 136
List of Tables:
Table 1. Snapshot of Europe Electric Vehicle Battery Reuse and Recycling Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. Scenarios for Economic Impact of Ukraine Crisis 27
Table 5. Main Product Trends and Market Opportunities in Europe Electric Vehicle Battery Reuse and Recycling Market 36
Table 6. Europe Electric Vehicle Battery Reuse and Recycling Market by Category, 2022-2032, $ mn 44
Table 7. Europe Electric Vehicle Battery Reuse and Recycling Market: Recycling of EV Batteries by Process, 2022-2032, $ mn 47
Table 8. Europe Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2022-2032, $ mn 51
Table 9. Europe Electric Vehicle Battery Reuse and Recycling Market: Lithium-ion Batteries by Type, 2022-2032, $ mn 54
Table 10. Europe Electric Vehicle Battery Reuse and Recycling Market by EV Type, 2022-2032, $ mn 63
Table 11. Europe Electric Vehicle Battery Reuse and Recycling Market by Vehicle, 2022-2032, $ mn 69
Table 12. Europe Electric Vehicle Battery Reuse and Recycling Market by End Use, 2022-2032, $ mn 73
Table 13. Europe Electric Vehicle Battery Reuse and Recycling Market by Country, 2022-2032, $ mn 81
Table 14. Germany Electric Vehicle Battery Reuse and Recycling Market by Category, 2022-2032, $ mn 84
Table 15. Germany Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2022-2032, $ mn 84
Table 16. Germany Electric Vehicle Battery Reuse and Recycling Market by End Use, 2022-2032, $ mn 84
Table 17. U.K. Electric Vehicle Battery Reuse and Recycling Market by Category, 2022-2032, $ mn 87
Table 18. U.K. Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2022-2032, $ mn 87
Table 19. U.K. Electric Vehicle Battery Reuse and Recycling Market by End Use, 2022-2032, $ mn 87
Table 20. France Electric Vehicle Battery Reuse and Recycling Market by Category, 2022-2032, $ mn 89
Table 21. France Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2022-2032, $ mn 89
Table 22. France Electric Vehicle Battery Reuse and Recycling Market by End Use, 2022-2032, $ mn 89
Table 23. Spain Electric Vehicle Battery Reuse and Recycling Market by Category, 2022-2032, $ mn 91
Table 24. Spain Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2022-2032, $ mn 91
Table 25. Spain Electric Vehicle Battery Reuse and Recycling Market by End Use, 2022-2032, $ mn 91
Table 26. Italy Electric Vehicle Battery Reuse and Recycling Market by Category, 2022-2032, $ mn 93
Table 27. Italy Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2022-2032, $ mn 93
Table 28. Italy Electric Vehicle Battery Reuse and Recycling Market by End Use, 2022-2032, $ mn 93
Table 29. Russia Electric Vehicle Battery Reuse and Recycling Market by Category, 2022-2032, $ mn 95
Table 30. Russia Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2022-2032, $ mn 95
Table 31. Russia Electric Vehicle Battery Reuse and Recycling Market by End Use, 2022-2032, $ mn 95
Table 32. Electric Vehicle Battery Reuse and Recycling Market in Rest of Europe by Country, 2022-2032, $ mn 97
Table 33. ACCUREC Recycling GmbH: Company Snapshot 102
Table 34. ACCUREC Recycling GmbH: Business Segmentation 103
Table 35. ACCUREC Recycling GmbH: Product Portfolio 103
Table 36. American Manganese Inc.: Company Snapshot 104
Table 37. American Manganese Inc.: Product Portfolio 105
Table 38. Battery Solutions: Company Snapshot 106
Table 39. Battery Solutions: Product Portfolio 107
Table 40. Bayerische Motoren Werke (BMW) AG: Company Snapshot 108
Table 41. Bayerische Motoren Werke (BMW) AG: Brands and Models 108
Table 42. Bayerische Motoren Werke (BMW) AG: Annual Production by Vehicle 2005-2019 109
Table 43. Bayerische Motoren Werke (BMW) AG: Annual Sales by Vehicle 2005-2019 109
Table 44. Bayerische Motoren Werke (BMW) AG: Revenue, 2017-2019, $ bn 110
Table 45. Bayerische Motoren Werke (BMW) AG: % of Revenue by Region, 2018 110
Table 46. Bayerische Motoren Werke (BMW) AG: Recent Developments 111
Table 47. China Aviation Lithium Battery Company Limited: Company Snapshot 113
Table 48. G & P Service: Company Snapshot 114
Table 49. G & P Service: Product Portfolio 115
Table 50. LI-CYCLE CORP.: Company Snapshot 116
Table 51. LI-CYCLE CORP.: Product Portfolio 117
Table 52. Nissan Motor Co. Ltd.: Company Snapshot 118
Table 53. Nissan Motor Co. Ltd.: Revenue, 2018-2020, $ bn 119
Table 54. Recupyl: Company Snapshot 120
Table 55. Recupyl: Product Portfolio 121
Table 56. Retriev Technologies: Company Snapshot 122
Table 57. Retriev Technologies: Product Portfolio 123
Table 58. SITRASA: Company Snapshot 124
Table 59. SITRASA: Product Portfolio 125
Table 60. SNAM S.A.S.: Company Snapshot 126
Table 61. SNAM S.A.S.: Product Portfolio 127
Table 62. SNAM S.A.S.: Revenue, 2017-2019, $ mn 127
Table 63. Tesla Inc.: Company Snapshot 128
Table 64. Tesla Inc.: Business Segments 129
Table 65. Tesla Inc.: Revenue, 2018-2020, $ bn 129
Table 66. Toshiba Corporation: Company Snapshot 131
Table 67. Toshiba Corporation: Business Segments 132
Table 68. Toshiba Corporation: Revenue, 2018-2020, $ bn 132
Table 69. Umicore: Company Snapshot 133
Table 70. Umicore: Business Segments 134
Table 71. Umicore: Product Portfolio 134
Table 72. Umicore: Revenue, 2017-2019, € bn 135
