Industry Analysis of Lithium, Nickel and Cobalt Recovery from EV Batteries under Batteries Regulation in Europe
Key Insight
FMI estimates the Lithium, Nickel and Cobalt Recovery from EV Batteries under EU Batteries Regulation sector at USD 290.0 million in 2025. Industry valuation is projected to reach USD 350.0 million in 2026 and USD 2,380.0 million by 2036. By feedstock source, production scrap is expected to account for 52.0% share in 2026. By recovery route, hydrometallurgy is expected to remain the leading segment over the forecast period.