Europe Battery Metals Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Lithium, Nickel, Cobalt, and Others), Application (Electric Vehicles, Consumer Electronics, Energy Storage Systems, and Others).
Europe battery metals market in Europe is expected to grow from US$ 1291.7 million in 2021 to US$ 2927.4 million by 2028; it is estimated to grow at a CAGR of 12.4% from 2021 to 2028.
Renewable energy needs the support of batteries to store clean energy when the wind is not blowing, and the sun is not shining. As the renewable energy sector expands, high-capacity long-life battery storage is essential to its success. Lithium-ion batteries are increasingly used for solar energy battery banks. This indicates that the rapid growth in the renewable energy sector will provide more opportunities for the growth of the battery metals market in the near future.In Europe, currently, France, the UK, and Russia are the worst-impacted countries by the COVID-19 pandemic. The massive outbreak of the pandemic has created a temporary distortion in operation efficiencies of industrial bases in the European market. The market for battery metals has been impacted due to limited operational capabilities due to COVID-19 restrictions. According to the Global EV Outlook 2020 report from IEA, in France, Germany, Italy and the United Kingdom, sales of electric cars in the first four months of 2020 reached more than 145 000 electric cars, about 90% higher than in the same period last year. In Norway, the number of electric cars sold between January and April 2020 was about the same as in the same period in 2019. Rising demand for battery metals across diverse industrial applications is expected to substantially promote the demand for battery metals in the regional market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe battery metals market. The Europe battery metals market is expected to grow at a good CAGR during the forecast period.
Europe Battery Metals Market Revenue and Forecast to 2028(US$ Million)
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Europe Battery Metals Market Segmentation
By Type
- Europe Battery Metals Market, by Type
- Lithium
- Nickel
- Cobalt
By End User
- Electric Vehicles
- Consumer Electronics
- Energy Storage System
- Others
By Country
- Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Companies Mentioned -
- Albemarle Corporation
- Ganfeng Lithium Co., Ltd.
- Umicore
- LG Chem
- Vale
- BASF SE
- Metso Outotec.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Europe Battery Metals Market, by Type
1.2.2 Europe Battery Metals Market, by Application
1.2.3 Europe Battery Metals Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 Europe Battery Metals Market, by Type and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4
3.2.5 Macro-economic factor analysis:
3.2.6 Developing base number:
3.2.7 Data Triangulation:
3.2.8 Country level data:
4. Europe Battery Metals Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers:
4.2.2 Bargaining Power of Buyers:
4.2.3 Threat of New Entrants:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Battery Metals Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Demand for Electrical Vehicles/Hybrid Electric Vehicles/Plug-in Hybrid Vehicles
5.1.2 Growing Demand for Battery Metals from Consumer Electronics Industry
5.2 Market Restraints
5.2.1 Volatility in the Raw Material Prices of Battery Metals
5.3 Market Opportunities
5.3.1 Rapid Growth in Renewable Energy Sector
5.4 Future Trends
5.4.1 Growing Focus on Battery Recycling
5.5 Impact Analysis
6. Europe Battery Metals – Country Market Analysis
6.1 Europe Battery Metals Market Overview
6.2 Europe Battery Metals Market –Revenue and Forecast to 2028 (US$ Mn)
7. Europe Battery Metals Market Analysis – By Type
7.1 Overview
7.2 Europe Battery Metals Market, By Type(2020 and 2028)
7.3 Lithium
7.3.1 Overview
7.3.2 Lithium: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Nickel
7.4.1 Overview
7.4.2 Nickel: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Cobalt:
7.5.1 Overview
7.5.2 Cobalt: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Others:
7.6.1 Overview
7.6.2 Others: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8. Europe Battery Metals Market Analysis – By Application
8.1 Overview
8.2 Europe Battery Metals Market, By Application (2020 and 2028)
8.3 Electric Vehicles
8.3.1 Overview
8.3.2 Electric Vehicles: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Consumer Electronics
8.4.1 Overview
8.4.2 Consumer Electronics: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Energy Storage System
8.5.1 Overview
8.5.2 Energy Storage Systems: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Other
8.6.1 Overview
8.6.2 Others: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
9. Europe Battery Metals Market – Country Analysis
9.1 Overview
9.2 Europe: Europe Battery Metals Market
9.2.1 Europe: Europe Battery Metals Market –Revenue and Forecast to 2028 (US$ Million)
9.2.1.1 Germany: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.1.1 Germany: Europe Battery Metals Market, By Type
9.2.1.1.2 Germany: Europe Battery Metals Market, by Application
9.2.1.2 France: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.2.1 France: Europe Battery Metals Market, By Type
9.2.1.2.2 France: Europe Battery Metals Market, by Application
9.2.1.3 Italy: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.3.1 Italy: Europe Battery Metals Market, By Type
9.2.1.3.2 Italy: Europe Battery Metals Market, by Application
9.2.1.4 UK: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.4.1 UK: Europe Battery Metals Market, By Type
9.2.1.4.2 UK: Europe Battery Metals Market, by Application
9.2.1.5 Russia: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.5.1 Russia: Europe Battery Metals Market, By Type
9.2.1.5.2 Russia: Europe Battery Metals Market, by Application
9.2.1.6 Rest of Europe: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.6.1 Rest of Europe: Europe Battery Metals Market, By Type
9.2.1.6.2 Rest of Europe: Europe Battery Metals Market, by Application
10. Impact of COVID-19
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Albemarle Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ganfeng Lithium Co.,Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Umicore
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 LG Chem
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Vale
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Metso Outotec
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Battery Metals Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Europe Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. France Europe Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 6. France Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Italy Europe Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Italy Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 9. UK Europe Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 10. UK Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. Russia Europe Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Russia Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of Europe Europe Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 14. Rest of Europe Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 15. Glossary of Terms, Europe Battery Metals Market
LIST OF FIGURES
Figure 1. Europe Battery Metals Market Segmentation
Figure 2. Europe Battery Metals Market Overview
Figure 3. Europe Battery Metals Market, By Application
Figure 4. Europe Battery Metals Market, by Country
Figure 5. Porter's Five Forces Analysis
Figure 6. Europe Battery Metals Market - Ecosystem
Figure 7. Expert Opinion
Figure 8. Europe Battery Metals Market Impact Analysis of Drivers and Restraints
Figure 9. Geographic Overview of Europe Battery Metals Market
Figure 10. Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. Europe Battery Metals Market Revenue Share, By Type (2020 and 2028)
Figure 12. Lithium: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Nickel: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Cobalt: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Others: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Europe Battery Metals Market Revenue Share, By Application(2020 and 2028)
Figure 17. Electric Vehicles: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Consumer Electronics: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Energy Storage Systems: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Others: Europe Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Europe Battery Metals Market Revenue Share, By Region (2021 and 2028)
Figure 22. Europe: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Germany: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. France: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Italy: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. UK: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Russia: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of Europe: Europe Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic on Europe Battery Metals Market in Europe
- Albemarle Corporation
- Ganfeng Lithium Co., Ltd.
- Umicore
- LG Chem
- Vale
- BASF SE
- Metso Outotec
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