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Global Alkaline Battery Market to Grow at a CAGR of 3.0% During the Period 2022-2027, Driven by Use in Everyday Devices

According to a new report by EMR titled, ‘Global Alkaline Battery Market Report and Forecast 2022-2027’, the global alkaline battery market is expected to grow at a CAGR of 3.0% during the period 2022-2027, driven by regular need for replacement in everyday devices.

The use of alkaline batteries in everyday gadgets such as alarm clocks, electric shavers, remote controls, radios, etc., and the need to periodically replace such batteries are key drivers of the global alkaline battery market. Further, alkaline batteries are considered environmentally friendly and give reasonable performance at affordable prices. These features are added reasons for their popularity. With North America and Europe being key markets, Asia Pacific and Latin America signify considerable market potential as these regions witness a shift from carbon-zinc batteries. Alkaline battery use has also increased in the Middle East and Africa. Alkaline batteries are widely used in developed regions such as the USA and the nations of Western Europe, creating a steady demand. Emerging economies including China, Russia and Poland are markets with significant potential. However, primary lithium battery chemistry and rechargeable chemistries may restrict the alkaline battery market. In many high-drain consumer applications, nickel metal hydride (NiMH) rechargeable batteries are replacing alkaline batteries. Further, devices today are increasingly employing built-in battery systems (such as rechargeable hearing aids), especially in developed markets, which could have a negative effect on alkaline battery demand.

In alkaline batteries, zinc is used on the anode while manganese dioxide is used on the cathode. Designed to replace the dry cell, alkaline batteries use an alkaline electrolyte, primarily potassium hydroxide or ammonium chloride. While some alkaline batteries are rechargeable, most of them are not.

Alkaline batteries offer a longer shelf-life (five to ten years) as compared to conventional zinc-carbon batteries. The most prevalent primary battery chemistry, alkaline batteries account for over half of the primary battery market. Manganese dioxide's higher purity and activity enable alkaline batteries to perform better than carbon zinc batteries. Alkaline batteries are suitable across applications because they have a higher energy density than carbon-zinc batteries, a low discharge rate with a shelf life of nearly ten years, efficiency in low-drain, medium-drain, and high-drain applications, and improved performance over a wide temperature range, which allows them to be used in cold conditions. Alkaline batteries work well in low-drain applications, and with low replacement rates. Flashlights, portable radios, alarm clocks, remote controls, and toys are examples of low-drain applications. Currently, the alkaline battery market is dominated by low-drain applications.

Key Findings of the Report:

  • Alkaline batteries are commonly used in everyday devices. Their continued use, particularly in low-drain applications, is expected to drive the market.
  • Alkaline batteries need to be replaced with fresh batteries after a certain period of time. This need for replacement keeps demand steady.
  • North America and Europe are major markets. However, developing nations indicate significant potential as these countries witness a shift from the use of carbon-zinc batteries.
  • Increased adoption of primary lithium battery chemistry and rechargeable chemistries might restrict the alkaline battery market.

Global Alkaline Battery Market Segmentation

By type, the market is classified into:

  • Primary
  • Secondary

By application, the market is segmented into:

  • Consumer Electronics
  • Toys
  • Others

By region, the market is classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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