European Nickel Cadmium Battery Market Growth, Size, Share, Industry Report and Forecast 2019-2025


Posted May 18, 2020 by mansi3210

European Nickel Cadmium Battery Market Size, Share & Trends Analysis Report by Application and by Type and Forecast, 2019-2025
 
European nickel-cadmium battery market is estimated to witness a CAGR of around -1.6%, during the forecast period. The market of Ni-Cd battery is declining at a considerable pace in Europe due to the ban implemented by the EU on Ni-Cd batteries. The Batteries Directive 2006/66/EC (repealing Directive 91/157/EEC) came into force on 26 September 2006. The directive sets out rules applicable to all batteries and accumulators that have presence in the EU market. These rules include, among others, restriction on the use of cadmium in portable batteries and accumulators (PBA). Portable batteries and accumulators, including those incorporated into appliances, that contain more than 0.002% of cadmium by weight shall not be included in the market. However, the above requirement shall not apply to portable batteries and accumulators intended for use in emergency lighting, alarming systems, medical equipment, or cordless power tools. To enable the recycling industry and consumers to adapt to the substitute technologies, this ban was applied on December 2016.

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The main objective of the prohibition of cadmium in batteries and accumulators intended for use in cordless power tools (CPTs) is to avoid negative environmental impacts that are related to this use. The most crucial objective of prohibition is to assess the impacts on environment, which will be caused by technical substitutes, by a possibly increased use of NiMH and particularly Li-ion technologies. On the other hand, the ban has increased the recycling process of Ni-Cd batteries. The increasing significance of lithium ion batteries, especially in the growing automotive and energy storage sectors has further fulfilled the demand for Ni-Cd batteries, which in turn, has boosted the recycling process.

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European Nickel Cadmium Battery Market Segmentation

By Application

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

By Type

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

Regional Analysis

• UK
• Germany
• Italy
• France
• Spain
• Rest of Europe

Company Profiles

• ALCAD LTD.
• ARTS Energy
• Cell Pack Solutions Ltd.
• EverExceed
• Interberg Batteries
• Saft Groupe S.A.
• VARTA Microbattery GmbH

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Categories Business , Energy , Technology
Tags renewable energy , Market Research , market analysis , Market Forecast
Last Updated May 18, 2020