The France Battery Recycling market is anticipated to grow at a CAGR 5.5% during the forecast period. The supportive initiatives taken by the government bodies regarding implementation of battery recycling process is expected to increase the battery recycling rates in region. The French Decree on the Prevention and Management of Waste Electrical and Electronic Equipment (WEEE) issued regulations regarding the battery recycling. It states that producers of portable batteries must take back batteries collected by distributors, municipalities and other final holders through a collective or individual system.
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Any system that collects waste portable batteries must be approved by Ministerial Decree. Moreover, producers need to put in place arrangements that allow the final holder to dispose of WIBAs free of charge. No approval is required for industrial batteries take-back, treatment and recycling systems. The regulations set by the government force the battery producers to adhere to compliance and in turn adopt the battery recycling procedure as a means to reuse battery and save environment by reducing waste.
EU Regulations, which are directly applicable in France and EU Directives implemented into French law and The Environment Code, in which most of the relevant laws and decrees have been codified are some of the government directives and regulations to curb pollution levels in the France. Several upstream players including battery suppliers, collectors, vendors, stakeholders and government organizations are coming forward for recycling initiatives. Geotech, CTP (Chemisch Thermische Prozesstechnik GmbH), ANDRITZ MeWa, Arizona Instrument LLC, BLiK are some of the notable battery recycling players in the France battery recycling market. 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.
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France Battery Recycling Market Segmentation
By Process
· Physical Process
· Chemical Process
· Hydrometallurgical Processes
· Combined Acid-Alkaline With Organic Solvents Process
· Bio-Metallurgical Process
· Electrochemical Process
· Pyrometallurgical Process
By Components
· Plastic
· Electrode
· Electrolyte
By Type
· Lead Acid Battery
· Silver Oxide Battery
· Lithium Ion Battery
· Zinc Battery
· Others
By End-User
· Automotive
· Industrial
· Healthcare
· Consumer
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
