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Europe Electric Vehicle Lithium-Ion Battery Recycling Market to Grow at a Surprising CAGR of 21.3% by 2029, Size, Share, Trends, Strategies, Competitive Analysis and Regional Overview
Europe electric vehicle lithium-ion battery recycling market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 21.3% in the forecast period of 2022 to 2029 and is expected to reach USD 276,835.03 thousand by 2029.The number of electric vehicles is increasing due to improved battery technologies and low maintenance requirements for these lithium-ion batteries. Moreover, the improvements in battery recycling techniques and government economic stimulus policies in battery recycling methods are expected to boost the electric vehicle lithium-ion battery recycling market. On the other hand, the lack of awareness among the people for electric vehicle battery recycling may restrain the growth of the Europe electric vehicle lithium-ion battery recycling market.
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The major players covered in the report are Umicore, American Manganese Inc., Glencore, FORTUM, Duesenfeld GmbH, ACCURE-Recycling GmbH, Tata Chemicals Ltd., ECOBAT, GanfengLithium, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Europe electric vehicle lithium-ion battery recycling market Scope and Market Size
On the basis of process, the Europe electric vehicle lithium-ion battery recycling market is segmented into pyrometallurgical, hydrometallurgical, and others.
On the basis of application, the Europe electric vehicle lithium-ion battery recycling market is segmented into passenger car and commercial vehicle.
Europe Electric Vehicle Lithium-Ion Battery Recycling Market Regional Analysis/Insights
The Europe Electric Vehicle Lithium-Ion Battery Recycling market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Europe Electric Vehicle Lithium-Ion Battery Recycling market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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