
Europe Battery Manufacturing Scrap Recycling Market: Focus on Application, Scrap Source, Recycling Technology, and Country - Analysis and Forecast, 2023-2032
Description
Europe Battery Manufacturing Scrap Recycling Market: Focus on Application, Scrap Source, Recycling Technology, and Country - Analysis and Forecast, 2023-2032
Introduction to Europe Battery Manufacturing Scrap Recycling MarketThe Europe battery manufacturing scrap recycling market (excluding U.K.) was valued at $610.5 million in 2023, and it is expected to grow at a CAGR of 17.99% to reach $2,706.4 million by 2032. Battery manufacturing scrap recycling is a rapidly growing industry that processes scrap materials produced during the battery cell manufacturing process. As electric vehicles become more popular, the market for these batteries is expected to grow quickly, driving the development and adoption of battery manufacturing scrap recycling technologies.
Market Introduction
The Europe Battery Manufacturing Scrap Recycling Market is witnessing significant growth, driven by the increasing adoption of electric vehicles (EVs) and the need for sustainable waste management solutions. As EV production escalates, the volume of manufacturing scrap generated during battery cell production rises, necessitating efficient recycling technologies. Key players in the market are focusing on advanced recycling methods to recover valuable materials like lithium, cobalt, and nickel, reducing dependency on raw material mining and lowering environmental impact. Regulatory support from the European Union, emphasizing circular economy practices and reducing carbon footprints, further propels market growth. Strategic collaborations, technological advancements, and increased investment in recycling infrastructure are pivotal in shaping the market's future, ensuring a sustainable supply chain for battery materials.
Market Segmentation:
Segmentation 1: by Scrap Source
Automotive Batteries
Industrial Batteries
Consumer Electronics Batteries
Others
Segmentation 2: by Recycling Technology
Hydrometallurgy
Pyrometallurgy
Others
Segmentation 3: by Application
Automotive
Electronics
Energy and Power
Aerospace and Defense
Construction
Others
Segmentation 4: by Country
Germany
France
Italy
Poland
Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different sources from where the batteries are coming for recycling and reaching their best potential. Moreover, the study provides the reader with a detailed understanding of the different battery chemistries and their assortments in different batteries employed in various end-use applications in industries such as aerospace, automotive, energy, and sports.
Growth/Marketing Strategy: Business expansions, partnerships, acquisitions, collaborations, and joint ventures are some key strategies adopted by key players operating in this market.
Competitive Strategy: Key players in the battery manufacturing scrap recycling market analyzed and profiled in the study involve battery manufacturing scrap recycling providers. Moreover, a detailed competitive benchmarking of the players operating in the battery manufacturing scrap recycling industry has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and regional presence.
Some of the prominent names in this market are:
Fortum
Hydrovolt AS
BASF SE
Duesenfeld
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Table of Contents
59 Pages
- Executive Summary
- Scope of the Study
- 1 Markets
- 1.1 Industry Outlook
- 1.1.1 Trends: Current and Future
- 1.1.1.1 Targets for Ethical Supply Chain and Decarbonization
- 1.1.1.2 Increasing Focus toward Secondary Battery Materials
- 1.1.2 Supply Chain Analysis
- 1.2 Business Dynamics
- 1.2.1 Business Drivers
- 1.2.1.1 Increasing Government Regulations toward Facilitating Battery Waste Management
- 1.2.1.2 Growing Investments in Scrap Recycling from Battery Manufacturers
- 1.2.2 Business Restraints
- 1.2.2.1 Complexities Associated with Different Battery Chemistries
- 1.2.3 Business Opportunities
- 1.2.3.1 Increasing Advancements in Recycling Technologies
- 1.2.3.2 Creating Circularity in Battery Manufacturing
- 1.3 Start-Up Landscape
- 1.3.1 Key Start-Ups in the Ecosystem
- 1.4 Analysis of Circular Economy in Battery Lifecycle
- 1.5 Analysis of the Lithium-Ion Battery Recycling Market
- 1.5.1 Leading Countries
- 1.5.2 Leading Companies
- 1.6 Analysis of Battery Manufacturing Equipment Market
- 1.6.1 Leading Companies
- 1.7 Patent Analysis
- 1.8 Average Global Pricing Analysis
- 2 Region
- 2.1 Europe
- 2.1.1 Europe: Country Level Analysis
- 2.1.1.1 Germany
- 2.1.1.2 France
- 2.1.1.3 Italy
- 2.1.1.4 Poland
- 2.1.1.5 Rest-of-Europe
- 2.2 United Kingdom (U.K.)
- 3 Markets - Competitive Benchmarking & Company Profiles
- 3.1 Competitive Benchmarking
- 3.1.1 Market Share Range Analysis of Key Companies
- 3.2 Company Profiles
- 3.2.1 Companies: Battery Manufacturing Scrap Recycling Market
- 3.2.1.1 Fortum
- 3.2.1.2 Hydrovolt AS
- 3.2.1.3 Umicore
- 3.2.1.4 BASF SE
- 3.2.1.5 Tenova S.p.A.
- 3.2.1.6 Duesenfeld
- 4 Research Methodology
- 4.1 Primary Data Sources
- 4.2 Secondary Data Sources
- 4.3 Top-Down and Bottom-Up Approach
- 4.4 Assumptions and Limitations
- List of Figures
- Figure 1: Europe Battery Manufacturing Scrap Recycling Market Overview, $Million, 2022-2032
- Figure 2: Europe Battery Manufacturing Scrap Recycling Market Overview, Kiloton, 2022-2032
- Figure 3: Europe Battery Manufacturing Scrap Recycling Market (by Application), $Million, 2022-2032
- Figure 4: Europe Battery Manufacturing Scrap Recycling Market (by Scrap Source), $Million, 2022-2032
- Figure 5: Europe Battery Manufacturing Scrap Recycling Market (by Recycling Technology), $Million, 2022-2032
- Figure 6: Battery Manufacturing Scrap Recycling Market (by Region), $Million, 2022
- Figure 7: Supply Chain Analysis for Battery Manufacturing Scrap Recycling Market
- Figure 8: Circular Lifecycle for Battery
- Figure 9: Global Lithium-Ion Battery Recycling Market Analysis
- Figure 10: Global Patents Filed, January 2019-October 2023
- Figure 11: Global Patents Granted, January 2019-October 2023
- Figure 12: Global Patents Filed and Granted, January 2019-October 2023
- Figure 13: Global Patents Filed, January 2019-October 2023
- Figure 14: Research Methodology
- Figure 15: Top-Down and Bottom-Up Approach
- Figure 16: Influencing Factors of the Battery Manufacturing Scrap Recycling Market
- Figure 17: Assumptions and Limitations
- List of Tables
- Table 1: Impact of Business Drivers
- Table 2: Impact of Business Restraints
- Table 3: Impact of Business Opportunities
- Table 4: Key Start-Ups in the Ecosystem
- Table 5: Average Global Level Pricing Analysis, Battery Manufacturing Scrap Recycling Market, $/Ton, 2022-2032
- Table 6: Battery Manufacturing Scrap Recycling Market (by Region), Kiloton, 2022-2032
- Table 7: Battery Manufacturing Scrap Recycling Market (by Region), $Million, 2022-2032
- Table 8: Market Share Analysis, Battery Manufacturing Scrap Recycling Market (by Key Company), 2022
Pricing
Currency Rates
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