US Battery Recycling Market Trends, Size, Competitive Analysis and Forecast 2019
Posted by mansi3210 on April 8th, 2020
The US Battery Recycling market is anticipated to grow at a CAGR 5.0% during the forecast period. The US battery recycling market is mainly driven by stringent government regulations imposing to support the environment by recycling harmful batteries. In the US, federal law requires, used nickel cadmium (Ni-Cd) and lead (Pb) batteries to be managed as Universal Waste. The Universal Waste Rule prohibits handlers such as contractors from disposing of waste Ni-Cd and Pb batteries and further indicates that these batteries must be sent for recycling. Several norms and regulations such as Lead Acid Battery Management Law and Consumer Disposal Requirements among others set by US imposing countries to support battery recycling as a means of protecting the environment from harmful effects.
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Even lead battery recycling plants in the US are sources of contaminant emissions. In the US lead battery recycling facilities are subjected to the strict national emission standards. However, there is still significant variation in their reported lead emissions. An Exide Technologies battery recycling plant in California was closed by State regulators due to its excessive lead and arsenic emissions. The plant was releasing harmful emissions leading to contamination of thousands of residents while exposing to dangerous neurotoxins. Although the Exide facility outside the Los Angeles get shut down, there still exist lead batteries recycling facilities that are operating in the US and are releasing thousands of pounds of lead into the air annually, further contributing to soil and dust contamination.
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US Battery Recycling Market Segmentation
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