Lithium Batteries Industry: 2019 Growth Drivers, Restraints, Revenue & Market Demand Analysis

Open PR is a press release distribution service. On September 6, 2019, it released an article on the Primary Batteries Market, sourced from TBRC`S Primary Batteries Market report.Growth in the primary batteries market in the historic period resulted from use of primary battery-powered devices in emergency situations and rising demand for environmentally-friendly batteries. Going forward, an increase in the number of portable medical devices in use and the increasing popularity of electronic toys will drive growth. Factors that negatively affected growth in the historic period were strict government regulations and the long life of rechargeable secondary batteries. Factors that could hinder the growth of this market in future are rising raw material prices and a shift in demand to secondary batteries.