Europe Battery Recycling Market

The report "Europe Battery Recycling Market by Chemistry (Lead Acid, Nickel, and Lithium), Material (Metals, Electrolytes, and Plastics), Source (Automotive, Industrial, and Consumer & Electronics), Processing State, Recycling Process, and Country - Forecast to 2030 ", is projected to grow from USD 8.74 billion in 2025 to USD 15.22 billion by 2030, at a CAGR of 11.7% during the forecast period. The Europe battery recycling market is on a fast track to growth, primarily because of the increased demand for batteries, which in turn is due to the rise in the number of electric vehicles, portable electronic gadgets, and renewable energy sources for storage. The disposal of batteries has opened up a market for recycling operations that are highly efficient. Europe has been the pioneering region in implementing and holding strict environmental regulations and waste management practices. The European Union's Battery Directive and Waste Electrical and Electronic Equipment (WEEE) Directive impose an obligation on manufacturers, importers, and distributors to collect and recycle batteries. These regulations generate a need for battery recycling facilities in the region.

Browse 160 market data Tables and 40 Figures spread through 150 Pages and in-depth TOC on "Europe Battery Recycling Market by Chemistry (Lead Acid, Nickel, and Lithium), Material (Metals, Electrolytes, and Plastics), Source (Automotive, Industrial, and Consumer & Electronics), Processing State, Recycling Process, and Country - Forecast to 2030 "
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By chemistry, thelithium-based batterysegment is expected to account for the largest market share, in terms of value, during the forecast period.

Lithium-ion batteries are expected to dominate the market mainly due to the rapid adoption of electric vehicles, the increasing capacity of battery production, and the large quantities of scrap coming from the recent battery cell factories that are now in operation. The EU Battery Regulation places high recovery targets for lithium, cobalt, and nickel, as well as minimum recycled content standards for new batteries, which results in large capital investments in hydrometallurgical recycling plants in the region. The recycling of lithium-based batteries in the region is supported by the availability of materials, the enforcement of regulations, and Europe's strategic objective to ensure the supply of essential raw materials through domestic sources.

By source, the automotivesegment is expected to account for the largest market share, in terms of value, during the forecast period.

The automotive industry is estimated to account for the largest share of the overall battery recycling market, owing to the fast-paced electrification of vehicles and the soaring acceptance of EVs. The collection of batteries from electric vehicles and hybrids that are no longer in use, coupled with the increased production waste from the numerous battery cell plants in Europe, is creating a strong and continually growing source of materials for recycling. Strict regulations that support the circular economy in battery management and the requirement that manufacturers recover materials through closed-loop systems are all contributing to stronger partnerships between car makers and specialists in recycling. As a result, the automotive industry has become the largest and fastest-growing supplier of waste batteries for recycling, thereby securing the demand for advanced lithium-ion recycling infrastructure and technologies in the European market.

Germany is projected to account for the largest share of the Europe battery recycling market during the forecast period.

Germany has a robust industrial foundation where automotive and manufacturing sectors also play a significant role. These sectors depend on an unending supply of battery materials like lithium, cobalt, and nickel. The process of battery recycling entails eco-friendly extraction of such important materials from local sources. The German government is very active in pushing forward the recycling of batteries through different policies and legal steps. The elektroG (The Electrical and Electronic Equipment Act) and the Closed Substance Cycle and Waste Management Act are some of the strictest waste management acts in Germany. They make it mandatory for importers and manufacturers to take back and recycle batteries under the extended producer responsibility scheme.

Some of the leading players in this market include Umicore (Belgium), Fortum (Finland), Stena Recycling (Sweden), ACCUREC Recycling GmbH (Germany), and Ecobat (UK).

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