Alkaline Primary Batteries Global Market To Reach Value Of About $26 Billion In 2025
22 Oct, 2021
The alkaline batteries market consists of sales of alkaline batteries and related services for commercial and household purpose such as power remote controls, electric tooth brushes, electric toys and game controllers. Alkaline batteries are composed of zinc and manganese dioxide as electrodes. The positive electrode (cathode) in an alkaline batteries battery is based on manganese (IV) oxide and the negative electrode (anode) is based on zinc. Power in the battery is produced through two chemical reactions at the positive and negative electrodes. Manganese (IV) oxide is converted into manganese (III) oxide and hydroxyl ions at the positive electrode, while zinc reacts with the hydroxyl ions to release the electrons that power the circuit at the negative electrode.
Global Alkaline Primary Batteries Market Size And Drivers:
The global alkaline primary batteries market is expected to grow from $17.22 billion in 2020 to $18.24 billion in 2021 at a compound annual growth rate (CAGR) of 5.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $25.94 billion in 2025 at a CAGR of 9%. During the forecast period, the increase in demand for battery operated toys is expected to drive the demand for the alkaline batteries.
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Trends In The Global Alkaline Primary Batteries Market
Change in packaging techniques of the alkaline batteries is the latest trend in the global alkaline batteries market. Alkaline batteries battery manufacturers are changing their battery packaging technique to offer more convenience to their customers. In the past, alkaline batteries were made with complex sealing systems and thick steel outer cases and end caps. A unique method was developed that allowed manufacturers to use thinner packaging materials and more efficient seals. More room was created for active materials within a given standard cell size, and that increased capacity. For instance, Panasonic Corp. has launched their alkaline batteries in packs of 10, believing that new package size was especially practical for distributors, since it allows more exact calculations.
Global Alkaline Primary Batteries Market Segments:
The global alkaline primary batteries market is further segmented –
By Product Type: Specialty Alkaline, Non-Specialty Alkaline.
By Application: Flashlights, Entertainment, Toy And Novelty, Remote Control, Others.
By Type: Primary, Secondary
By Size: AA, AAA, 9 Volt, Others
By Geography: The global alkaline primary batteries market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/alkaline-primary-batteries-global-market-reportAlkaline Primary Batteries Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides alkaline primary batteries market overviews, analyzes and forecasts market size and growth for the global alkaline primary batteries market, alkaline primary batteries market share, alkaline primary batteries market players, alkaline primary batteries market segments and geographies, alkaline primary batteries market’s leading competitors’ revenues, profiles and market shares. The alkaline primary batteries market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.