The global alkaline batteries market was worth $17.3 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 9.22% and reach $24.61 billion by 2023.
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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.
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The alkaline batteries market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the alkaline batteries market are Duracell Inc., Energizer Holdings Inc., Panasonic Corp., Spectrum Brands Holdings Inc., Toshiba International Corp., Camelion Batterien GmbH, Sony, FDK Corp., Samsung Electronics and Nanfu (China).
The Global Alkaline Batteries Market is segmented:
1) By Product Type: Speciality Alkaline, Non-Speciality Alkaline.
2) By Application: Flashlights, Entertainment, Toy And Novelty, Remote Control, Others.
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The alkaline batteries market report describes and explains the global alkaline batteries market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The alkaline batteries report evaluates the market across each region and for the major economies within each region.
The countries covered in the global alkaline batteries market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global alkaline batteries market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Alkaline Batteries Market Characteristics
- Alkaline Batteries Market Product Analysis
- Alkaline Batteries Market Supply Chain
- Key Mergers And Acquisitions In The Alkaline Batteries Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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