Germany battery recycling market is anticipated to grow at a CAGR 5.8% during the forecast period. Germany’s waste management success comes up due to the strong government policy and its citizens embracing recycling. Germany’s waste management policies have propelled the country to the top of the battery recycling list. German government has implemented various battery recycling policies in regards to waste management. Germany is at the fore of the battery recycling market, with implementation of regulations such as German Batteries Act and Batteries Ordinance driving the growth of the 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 hits the road, the demand for battery recycling is boosting. With supportive regulations and convenient collection, battery recycling process is profitable. The increasing awareness regarding 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.
To Request a Sample of our Report on Germany Battery Recycling Market: https://www.omrglobal.com/request-sample/germany-battery-recycling-market
Germany Battery Recycling Market Segmentation
By Process
- Physical Process
- Chemical Process
- Hydrometallurgical Processes
- Combined Acid-Alkaline with Organic Solvents Process
- Bio-Metallurgical Process
- Electrochemical Process
- Pyrometallurgical Process
By Components
- Plastic
- Electrode
- Electrolyte
By Type
- Lead Acid Battery
- Silver Oxide Battery
- Lithium Ion Battery
- Zinc Battery
- Others
By End-User
- Automotive
- Industrial
- Healthcare
- Consumer
A full Report of Germany Battery Recycling Market is Available @ https://www.omrglobal.com/industry-reports/germany-battery-recycling-market
Company Profiles
- Accurec Recycling GMBH
- AutarcTech
- BASF Catalysts
- Electrocycling GmbH
- G & P batteries
- Hollingsworth & Vose
- Noex AG
- Redux Recycling GmbH
- Tadiran Batteries GmbH
- Umicore Group
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/germany-battery-recycling-market
About Orion Market Research
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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404