Europe Lithium-Ion Battery Recycling Market Will Generate Massive Revenue in Coming Years| Top Leaders- Tesla, Snam SPA, Umicore, Tes - Amm India Pvt. Ltd., Raw Materials Company
Lithium-Ion Battery Recycling Market research report gives methodical idea about the current scenario of the global market, recent developments, product launches, joint ventures, capacity, production value, mergers and acquisitions based on several market dynamics.
Europe lithium-ion battery recycling market is expected to register a healthy CAGR in the forecast period of 2019-2026.
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Lithium-ion battery recycling is referred to be the less toxic batteries which are easy to recycle and reuse. With the growing use of lithium ion batteries in various consumer products the danger of explosion and their disposal has become tough. In order to prevent such disasters, it is quite necessary to recycle the lithium ion batteries.
Some of the major players operating in Europe lithium-ion battery recycling market are Tesla, Snam SPA, Umicore, Tes - Amm India Pvt. Ltd., Raw Materials Company, Recupyl, innovative battery recycling, Global Technology Systems, Inc., ACCUREC Recycling GmbH, AKKUSER OY & DIGITOIMISTO ROI, American Manganese Inc., Battery Recycling Made Easy, Ganfeng Lithium Co., Ltd., Interstate Batteries, LI-CYCLE CORP., Lithion Recycling, Neometals Ltd, OnTo Technology, LLC., Retriev Technologies, SITRASA, Storage Battery Systems, LLC among others.
In October 2019, Snam SPA announced the investment of € 28 million over five years to expand their battery recycling unit at Aveyron SME based in Viviez. Through this expansion the company will be able to expand its service portfolio in the market.
In September, Umicore and LG Chem developed a strategic agreement to serve LG Chem with (Nickel Manganese Cobalt) cathode materials. The materials will be served to the company from Umicore’s production plants in Korea, China and Poland. The agreement will help the company to meet rising demand for rechargeable lithium-ion batteries.
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Europe Lithium-Ion Battery Recycling Market Segmentation:
By Geography: Germany, France, Belgium, U.K., Switzerland, Turkey, Netherlands, Rest of Europe
On the basis of chemistry, the market is segmented into Lithium-Cobalt Oxide (LI-CO), Lithium-Iron Phosphate (LFP), Lithium-Nickel Cobalt Aluminium Oxide (NCA), Lithium-Nickel Manganese Cobalt (NMC), Lithium-Manganese Oxide Spinal (LMO) and Lithium-Titanate Oxide (LI-TO).
On the basis of technology, the market is segmented into hydrometallurgical process, pyrometallurgy process, mechanical process and others.
On the basis of end-user, the market is segmented into automotive, power, industrial, marine and others.
The precise and revolutionary information gained through this report is sure to help businesses in identifying the types of consumers, consumer’s demands, their preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying taste about the specific product already available in the market. To elaborate the studies and estimations involved in this Europe Lithium-Ion Battery Recycling Market report, a method of standard market research analysis viz SWOT analysis is put forth. To make better decisions, generate maximum revenue, and enhance business profit, this Europe Lithium-Ion Battery Recycling Market research report is a great key.
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Research Methodology: Europe Lithium-Ion Battery Recycling Market
Primary Respondents: Key Opinion Leaders (KOL’s): Manufacturers, Distributors, Industrial Professionals. Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.
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