Europe Electric Vehicle Battery Reuse and Recycling Market

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

Europe Electric Vehicle Battery Reuse and Recycling Market

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


Discover the latest insights into the booming Europe Electric Vehicle Battery Reuse and Recycling Market. This report analyzes market size, growth trends (CAGR ), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for -.

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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

 

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Europe Electric Vehicle Battery Reuse and Recycling Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Is the Europe Electric Vehicle Battery Reuse and Recycling Market shifting its focus from growth to value?
Recognize the areas along the Europe Electric Vehicle Battery Reuse and Recycling Market's value chain where players are generating value. To get a complete picture, kindly read the entire report.
What is the estimated value of the Europe Electric Vehicle Battery Reuse and Recycling Market?
The Europe Electric Vehicle Battery Reuse and Recycling Market is expected to reach a reasonable valuation by 2030; now the market is expected to shift its focus from growth to value.
In the current situation, what value does the Europe Electric Vehicle Battery Reuse and Recycling Market have?
The value of the Europe Electric Vehicle Battery Reuse and Recycling Market is estimated to be USD XXX million.
What are the primary data sources used to evaluate the Europe Electric Vehicle Battery Reuse and Recycling Market sizing?
The majority of data for the Europe Electric Vehicle Battery Reuse and Recycling Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.