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Germany Battery Recycling Market Growth, Opportunity, Size, Share and Forecast 2019-2025
Germany Battery Recycling Market
Request a Free Sample of our Report on Germany Battery Recycling Market: https://www.omrglobal.com/request-sample/germany-battery-recycling-market
Moreover, Germany automotive sector is on the course of growth. According to the German Association of the Automotive Industry, the automobile industry is the largest industry sector in Germany with a turnover of $ 468.54 billion, around 20% of total German industry revenue. In addition, Germany is Europe's number one automotive market, accounting for over 30% of all passenger cars manufactured (5.75 million) and about 20% of all new car registrations (3.35 million) in 2017. As more electric vehicles hit the road, the demand for battery recycling is boosting. With supportive regulations and convenient collection, the battery recycling process is profitable.
The increasing awareness regarding the recycling of batteries among general population further escalates the Germany battery recycling market. The EPA estimates that over 90 percent of lead-acid batteries are recycled, and a typical battery contains 60-80% recycled materials.
The major market players that are active in the market include Accurec Recycling GMBH, G & P batteries, Umicore Group, Hollingsworth & Vose, BASF Catalysts, Redux Recycling GmbH, Noex AG, Electrocycling GmbH, AutarcTech and Tadiran Batteries GmbH. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
A Full Report of Germany Battery Recycling Market is Available at https://www.omrglobal.com/industry-reports/germany-battery-recycling-market
Germany Battery Recycling Market Segmentation
By Process
o Physical Process
o Chemical Process
o Hydrometallurgical Processes
o Combined Acid-Alkaline With Organic Solvents Process
o Bio-Metallurgical Process
o Electrochemical Process
o Pyrometallurgical Process
By Components
o Plastic
o Electrode
o Electrolyte
By Type
o Lead Acid Battery
o Silver Oxide Battery
o Lithium Ion Battery
o Zinc Battery
o Others
By End-User
o Automotive
o Industrial
o Healthcare
o Consumer
Company Profiles
o Accurec Recycling GMBH
o AutarcTech
o BASF Catalysts
o Electrocycling GmbH
o G & P batteries
o Hollingsworth & Vose
o Noex AG
o Redux Recycling GmbH
o Tadiran Batteries GmbH
o Umicore Group
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/germany-battery-recycling-market
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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