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Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End Use, and Region: Trend Outlook and Growth Opportunity

  • Report ID: 3434
  • Date: Sep, 2021
  • Pages: 164
  • Category: Automotive & Transportation

Global EV battery reuse and recycling market will reach $5,391.8 million by 2027, growing by 54.2% annually over 2020-2027 driven by reducing battery waste and costly battery disposal, demand for electric vehicles, and focus on sustainable transportation.

Highlighted with 83 tables and 80 figures, this 164-page report “Global Electric Vehicle Battery Reuse and Recycling Market 2020-2027 by Category, Battery Type, EV Type, End Use, and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global EV 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 2017-2020 and provides forecast from 2021 till 2027 with 2020 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 global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global EV battery reuse and recycling market in every aspect of the classification from perspectives of Category, Battery Type, EV Type, End Use, and Region.

Based on Category, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

Reuse of EV Batteries
Recycling of EV Batteries
• Hydro-metallurgical Process
• Pyro-metallurgical Process
• Other Processes

Based on Battery Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

• Lithium-ion Batteries
• Nickel-metal Hydride Batteries
• Lead-acid Batteries
• Other Battery Types

Based on EV Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)

Based on End Use, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

• Electric Cars
• Electric Buses
• Energy Storage Systems
• Other End Uses

Geographically, the following regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Category, Battery Type, and End Use over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global EV battery reuse and recycling market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

ACCUREC Recycling GmbH
American Manganese Inc.
Battery Solutions
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.
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.)

Table of Contents
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of Global Market by Category 43
3.1 Market Overview by Category 43
3.2 Reuse of EV Batteries 45
3.3 Recycling of EV Batteries 46
3.3.1 Hydro-metallurgical Process 48
3.3.2 Pyro-metallurgical Process 49
3.3.3 Other Processes 50
4 Segmentation of Global Market by Battery Type 51
4.1 Market Overview by Battery Type 51
4.2 Lithium-ion Batteries 53
4.3 Nickel-metal Hydride Batteries 54
4.4 Lead-acid Batteries 55
4.5 Other Battery Types 56
5 Segmentation of Global Market by EV Type 57
5.1 Market Overview by EV Type 57
5.2 Battery Electric Vehicle (BEV) 59
5.3 Hybrid Electric Vehicle (HEV) 60
5.4 Plug-in Hybrid Electric Vehicle (PHEV) 61
5.5 Fuel Cell Electric Vehicle (FCEV) 62
6 Segmentation of Global Market by End Use 63
6.1 Market Overview by End Use 63
6.2 Electric Cars 65
6.3 Electric Buses 66
6.4 Energy Storage Systems 67
6.5 Other End Uses 68
7 Segmentation of Global Market by Region 69
7.1 Geographic Market Overview 2020-2027 69
7.2 North America Market 2020-2027 by Country 73
7.2.1 Overview of North America Market 73
7.2.2 U.S. 76
7.2.3 Canada 80
7.2.4 Mexico 82
7.3 European Market 2020-2027 by Country 84
7.3.1 Overview of European Market 84
7.3.2 UK 87
7.3.3 France 89
7.3.4 Germany 91
7.3.5 Spain 93
7.3.6 Italy 95
7.3.7 Russia 97
7.3.8 Rest of European Market 99
7.4 Asia-Pacific Market 2020-2027 by Country 101
7.4.1 Overview of Asia-Pacific Market 101
7.4.2 China 104
7.4.3 Japan 107
7.4.4 India 110
7.4.5 Australia 112
7.4.6 South Korea 114
7.4.7 Rest of APAC Region 116
7.5 South America Market 2020-2027 by Country 118
7.5.1 Argentina 121
7.5.2 Brazil 123
7.5.3 Chile 125
7.5.4 Rest of South America Market 127
7.6 MEA Market 2020-2027 by Country 128
7.6.1 UAE 131
7.6.2 Saudi Arabia 133
7.6.3 South Africa 135
7.6.4 Other National Markets 137
8 Competitive Landscape 138
8.1 Overview of Key Vendors 138
8.2 New Product Launch, Partnership, Investment, and M&A 141
8.3 Company Profiles 142
ACCUREC Recycling GmbH 142
American Manganese Inc. 144
Battery Solutions 145
BMW AG 146
China Aviation Lithium Battery Company Limited 147
G & P Service 148
LI-CYCLE CORP. 149
Nissan Motor Co. Ltd. 150
Recupyl 151
Retriev Technologies 152
SITRASA 153
SNAM S.A.S. 154
Tesla Inc. 155
Toshiba Corporation 156
Umicore 157
9 Investing in Global Market: Risk Assessment and Management 158
9.1 Risk Evaluation of Global Market 158
9.2 Critical Success Factors (CSFs) 161
Related Reports and Products 164

List of Tables

Table 1. Snapshot of Global Electric Vehicle Battery Reuse and Recycling Market in Balanced Perspective, 2020-2027 20
Table 2. Growth Rate of World Real GDP, 2017-2021 23
Table 3. Main Product Trends and Market Opportunities in Global Electric Vehicle Battery Reuse and Recycling Market 35
Table 4. Global Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 43
Table 5. Global Electric Vehicle Battery Reuse and Recycling Market: Recycling of EV Batteries by Process, 2017-2027, $ mn 47
Table 6. Global Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 51
Table 7. Global Electric Vehicle Battery Reuse and Recycling Market by EV Type, 2017-2027, $ mn 57
Table 8. Global Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 63
Table 9. Global Electric Vehicle Battery Reuse and Recycling Market by Region, 2017-2027, $ mn 70
Table 10. Leading National Electric Vehicle Battery Reuse and Recycling Market, 2020 and 2027, $ mn 72
Table 11. North America Electric Vehicle Battery Reuse and Recycling Market by Country, 2017-2027, $ mn 75
Table 12. U.S. Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 78
Table 13. U.S. Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 78
Table 14. U.S. Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 78
Table 15. Canada Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 81
Table 16. Canada Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 81
Table 17. Canada Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 81
Table 18. Mexico Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 83
Table 19. Mexico Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 83
Table 20. Mexico Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 83
Table 21. Europe Electric Vehicle Battery Reuse and Recycling Market by Country, 2017-2027, $ mn 86
Table 22. UK Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 88
Table 23. UK Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 88
Table 24. UK Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 88
Table 25. France Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 90
Table 26. France Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 90
Table 27. France Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 90
Table 28. Germany Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 92
Table 29. Germany Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 92
Table 30. Germany Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 92
Table 31. Spain Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 94
Table 32. Spain Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 94
Table 33. Spain Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 94
Table 34. Italy Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 96
Table 35. Italy Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 96
Table 36. Italy Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 96
Table 37. Russia Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 98
Table 38. Russia Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 98
Table 39. Russia Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 98
Table 40. Electric Vehicle Battery Reuse and Recycling Market in Rest of Europe by Country, 2017-2027, $ mn 100
Table 41. APAC Electric Vehicle Battery Reuse and Recycling Market by Country, 2017-2027, $ mn 103
Table 42. China Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 106
Table 43. China Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 106
Table 44. China Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 106
Table 45. Japan Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 109
Table 46. Japan Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 109
Table 47. Japan Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 109
Table 48. India Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 111
Table 49. India Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 111
Table 50. India Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 111
Table 51. Australia Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 113
Table 52. Australia Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 113
Table 53. Australia Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 113
Table 54. South Korea Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 115
Table 55. South Korea Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 115
Table 56. South Korea Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 115
Table 57. Electric Vehicle Battery Reuse and Recycling Market in Rest of APAC by Country/Region, 2017-2027, $ mn 117
Table 58. South America Electric Vehicle Battery Reuse and Recycling Market by Country, 2017-2027, $ mn 120
Table 59. Argentina Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 122
Table 60. Argentina Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 122
Table 61. Argentina Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 122
Table 62. Brazil Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 124
Table 63. Brazil Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 124
Table 64. Brazil Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 124
Table 65. Chile Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 126
Table 66. Chile Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 126
Table 67. Chile Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 126
Table 68. MEA Electric Vehicle Battery Reuse and Recycling Market by Country, 2017-2027, $ mn 130
Table 69. UAE Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 132
Table 70. UAE Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 132
Table 71. UAE Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 132
Table 72. Saudi Arabia Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 134
Table 73. Saudi Arabia Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 134
Table 74. Saudi Arabia Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 134
Table 75. South Africa Electric Vehicle Battery Reuse and Recycling Market by Category, 2017-2027, $ mn 136
Table 76. South Africa Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2017-2027, $ mn 136
Table 77. South Africa Electric Vehicle Battery Reuse and Recycling Market by End Use, 2017-2027, $ mn 136
Table 78. ACCUREC Recycling GmbH: Company Snapshot 142
Table 79. ACCUREC Recycling GmbH: Business Segmentation 142
Table 80. ACCUREC Recycling GmbH: Product Portfolio 143
Table 81. ACCUREC Recycling GmbH: Revenue, 2017-2019, $ mn 143
Table 82. Risk Evaluation for Investing in Global Market, 2020-2027 159
Table 83. Critical Success Factors and Key Takeaways 162

List of Figures

Figure 1. Research Method Flow Chart 13
Figure 2. Breakdown of Primary Research 15
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 17
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027 19
Figure 5. Global Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn 21
Figure 6. Impact of COVID-19 on Business 25
Figure 7. Primary Drivers and Impact Factors of Global Electric Vehicle Battery Reuse and Recycling Market 27
Figure 8. World Electric Vehicle Market by Sales Value, 2019-2030, $ bn 30
Figure 9. World Electric Vehicle Market by Sales Volume, 2019-2030, million units 30
Figure 10. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, % 31
Figure 11. Primary Restraints and Impact Factors of Global Electric Vehicle Battery Reuse and Recycling Market 32
Figure 12. Investment Opportunity Analysis 36
Figure 13. Porter’s Fiver Forces Analysis of Global Electric Vehicle Battery Reuse and Recycling Market 39
Figure 14. Breakdown of Global Electric Vehicle Battery Reuse and Recycling Market by Category, 2020-2027, % of Revenue 43
Figure 15. Contribution to Global 2021-2027 Cumulative Revenue by Category, Value ($ mn) and Share (%) 44
Figure 16. Global Electric Vehicle Battery Reuse and Recycling Market: Reuse of EV Batteries, 2017-2027, $ mn 45
Figure 17. Global Electric Vehicle Battery Reuse and Recycling Market: Recycling of EV Batteries, 2017-2027, $ mn 46
Figure 18. Global Electric Vehicle Battery Reuse and Recycling Market: Hydro-metallurgical Process, 2017-2027, $ mn 48
Figure 19. Global Electric Vehicle Battery Reuse and Recycling Market: Pyro-metallurgical Process, 2017-2027, $ mn 49
Figure 20. Global Electric Vehicle Battery Reuse and Recycling Market: Other Processes, 2017-2027, $ mn 50
Figure 21. Breakdown of Global Electric Vehicle Battery Reuse and Recycling Market by Battery Type, 2020-2027, % of Revenue 51
Figure 22. Contribution to Global 2021-2027 Cumulative Revenue by Battery Type, Value ($ mn) and Share (%) 52
Figure 23. Global Electric Vehicle Battery Reuse and Recycling Market: Lithium-ion Batteries, 2017-2027, $ mn 53
Figure 24. Global Electric Vehicle Battery Reuse and Recycling Market: Nickel-metal Hydride Batteries, 2017-2027, $ mn 54
Figure 25. Global Electric Vehicle Battery Reuse and Recycling Market: Lead-acid Batteries, 2017-2027, $ mn 55
Figure 26. Global Electric Vehicle Battery Reuse and Recycling Market: Other Battery Types, 2017-2027, $ mn 56
Figure 27. Breakdown of Global Electric Vehicle Battery Reuse and Recycling Market by EV Type, 2020-2027, % of Revenue 57
Figure 28. Contribution to Global 2021-2027 Cumulative Revenue by EV Type, Value ($ mn) and Share (%) 58
Figure 29. Global Electric Vehicle Battery Reuse and Recycling Market: Battery Electric Vehicle (BEV), 2017-2027, $ mn 59
Figure 30. Global Electric Vehicle Battery Reuse and Recycling Market: Hybrid Electric Vehicle (HEV), 2017-2027, $ mn 60
Figure 31. Global Electric Vehicle Battery Reuse and Recycling Market: Plug-in Hybrid Electric Vehicle (PHEV), 2017-2027, $ mn 61
Figure 32. Global Electric Vehicle Battery Reuse and Recycling Market: Fuel Cell Electric Vehicle (FCEV), 2017-2027, $ mn 62
Figure 33. Breakdown of Global Electric Vehicle Battery Reuse and Recycling Market by End Use, 2020-2027, % of Revenue 63
Figure 34. Contribution to Global 2021-2027 Cumulative Revenue by End Use, Value ($ mn) and Share (%) 64
Figure 35. Global Electric Vehicle Battery Reuse and Recycling Market: Electric Cars, 2017-2027, $ mn 65
Figure 36. Global Electric Vehicle Battery Reuse and Recycling Market: Electric Buses, 2017-2027, $ mn 66
Figure 37. Global Electric Vehicle Battery Reuse and Recycling Market: Energy Storage Systems, 2017-2027, $ mn 67
Figure 38. Global Electric Vehicle Battery Reuse and Recycling Market: Other End Uses, 2017-2027, $ mn 68
Figure 39. Global Market Snapshot by Region 69
Figure 40. Geographic Spread of Worldwide Electric Vehicle Battery Reuse and Recycling Market, 2020-2027, % of Revenue 70
Figure 41. Contribution to Global 2021-2027 Cumulative Revenue by Region, Value ($ mn) and Share (%) 71
Figure 42. North American Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn 74
Figure 43. Breakdown of North America Electric Vehicle Battery Reuse and Recycling Market by Country, 2020 and 2027, % of Revenue 74
Figure 44. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 75
Figure 45. U.S. Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn 77
Figure 46. Canada Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn 80
Figure 47. Electric Vehicle Battery Reuse and Recycling Market in Mexico, 2017-2027, $ mn 82
Figure 48. European Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn 85
Figure 49. Breakdown of European Electric Vehicle Battery Reuse and Recycling Market by Country, 2020 and 2027, % of Revenue 85
Figure 50. Contribution to Europe 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 86
Figure 51. Electric Vehicle Battery Reuse and Recycling Market in UK, 2017-2027, $ mn 87
Figure 52. Electric Vehicle Battery Reuse and Recycling Market in France, 2017-2027, $ mn 89
Figure 53. Electric Vehicle Battery Reuse and Recycling Market in Germany, 2017-2027, $ mn 91
Figure 54. Electric Vehicle Battery Reuse and Recycling Market in Spain, 2017-2027, $ mn 93
Figure 55. Electric Vehicle Battery Reuse and Recycling Market in Italy, 2017-2027, $ mn 95
Figure 56. Electric Vehicle Battery Reuse and Recycling Market in Russia, 2017-2027, $ mn 97
Figure 57. Electric Vehicle Battery Reuse and Recycling Market in Rest of Europe, 2017-2027, $ mn 99
Figure 58. Asia-Pacific Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn 102
Figure 59. Breakdown of APAC Electric Vehicle Battery Reuse and Recycling Market by Country, 2020 and 2027, % of Revenue 102
Figure 60. Contribution to APAC 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 103
Figure 61. Electric Vehicle Battery Reuse and Recycling Market in China, 2017-2027, $ mn 105
Figure 62. Electric Vehicle Battery Reuse and Recycling Market in Japan, 2017-2027, $ mn 108
Figure 63. Electric Vehicle Battery Reuse and Recycling Market in India, 2017-2027, $ mn 110
Figure 64. Electric Vehicle Battery Reuse and Recycling Market in Australia, 2017-2027, $ mn 112
Figure 65. Electric Vehicle Battery Reuse and Recycling Market in South Korea, 2017-2027, $ mn 114
Figure 66. Electric Vehicle Battery Reuse and Recycling Market in Rest of APAC, 2017-2027, $ mn 116
Figure 67. South America Electric Vehicle Battery Reuse and Recycling Market, 2017-2027, $ mn 119
Figure 68. Breakdown of South America Electric Vehicle Battery Reuse and Recycling Market by Country, 2020 and 2027, % of Revenue 119
Figure 69. Contribution to South America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 120
Figure 70. Electric Vehicle Battery Reuse and Recycling Market in Argentina, 2017-2027, $ mn 121
Figure 71. Electric Vehicle Battery Reuse and Recycling Market in Brazil, 2017-2027, $ mn 123
Figure 72. Electric Vehicle Battery Reuse and Recycling Market in Chile, 2017-2027, $ mn 125
Figure 73. Electric Vehicle Battery Reuse and Recycling Market in Rest of South America, 2017-2027, $ mn 127
Figure 74. Electric Vehicle Battery Reuse and Recycling Market in Middle East and Africa (MEA), 2017-2027, $ mn 129
Figure 75. Breakdown of MEA Electric Vehicle Battery Reuse and Recycling Market by Country, 2020 and 2027, % of Revenue 129
Figure 76. Contribution to MEA 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 130
Figure 77. Electric Vehicle Battery Reuse and Recycling Market in UAE, 2017-2027, $ mn 131
Figure 78. Electric Vehicle Battery Reuse and Recycling Market in Saudi Arabia, 2017-2027, $ mn 133
Figure 79. Electric Vehicle Battery Reuse and Recycling Market in South Africa, 2017-2027, $ mn 135
Figure 80. Growth Stage of Global Electric Vehicle Battery Reuse and Recycling Industry over the Forecast Period 138

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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