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Germany Nickel Cadmium Battery Market Key-Players, Revenue, Emerging-Trends, Business-Strategy Till 2025

03-12-2020 10:38 AM CET | Energy & Environment

Press release from: Orion Market Research

Germany Nickel Cadmium Battery Market

Germany Nickel Cadmium Battery Market

Germany nickel-cadmium battery market is estimated to witness a CAGR of around -1.1%, during the forecast period. The EU ban has slowed down the growth of the Ni-Cd market in Germany. In spite of very well established and monitored separate waste collection systems in Germany, the majority of Ni-Cd batteries are collected with residual household waste and possibly other waste streams, and either incinerated in municipally solid waste incineration plants, mechanical-biological treatment plants, in plants of treating non-ferrous metals separated from residual waste or directly landfilled. Thus, there is some likelihood that cadmium can dissipate uncontrollably into the environment during the waste-phase of Ni-Cd batteries.

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The companies which are contributing to the growth of the Germany nickel-cadmium battery market include ALCAD LTD., Accutronics Ltd., Saft Groupe S.A., VARTA Microbattery GmbH, and Allbatteries Germany Ltd.

The efficiency of the collection of spent Ni-Cd batteries used in cordless power tools (CPTs) is a critical factor to maintain the control of the flow of these batteries in the economy and to avoid high environmental impacts. Since the implementation of the EU ban on Ni-Cd in 2006, the recycling process of Ni-Cd has increased at a rapid pace. According to the European Commission, the Ni-Cd battery collection rates in Germany lie between 38 and 44%, the majority of the very toxic cadmium contained in Ni-Cd batteries is not treated in specialized battery treatment plants.

For More Information, get A full report of Germany Nickel Cadmium Battery Market is available at: https://www.omrglobal.com/industry-reports/germany-nickel-cadmium-battery-market

The only long-term efficient measure to limit the cadmium release from Ni-Cd batteries into the environment is a ban of Ni-Cd batteries also in its use in cordless power tools. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Market Segmentation

Nickel Cadmium Battery Market by Application

o Consumer Electronics
o Industrial
o Healthcare
o Automotive & Transportation
o Power and Utility

Nickel Cadmium Battery Market by Type

o D Battery
o C Battery
o A, AA & AAA Battery
o 9 Volt Battery
o Heavy Duty Battery

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Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

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.

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