Market Insight-Global Primary Alkaline Batteries Market Overview 2022
The Global Primary Alkaline Batteries Market Size was estimated at USD 11277 million in 2021 and is projected to reach USD 16188 million by 2028, exhibiting a CAGR of 5.21% during the forecast period– Bossonresearch.com
An alkaline battery (IEC code: L) is a type of primary battery that derives its energy from the reaction between zinc metal and manganese dioxide.
Compared with zinc–carbon batteries of the Leclanché cell or zinc chloride types, alkaline batteries have a higher energy density and longer shelf life, yet provide the same voltage.
The alkaline battery gets its name because it has an alkaline electrolyte of potassium hydroxide (KOH) instead of the acidic ammonium chloride (NH4Cl) or zinc chloride (ZnCl2) electrolyte of the zinc–carbon batteries. Other battery systems also use alkaline electrolytes, but they use different active materials for the electrodes.
In common with other primary cells, alkaline batteries have higher specific energy, hold higher capacities, and deliver nearly 40 percent more energy than newer rechargeable technologies such as lithium-ion batteries. While impressive in published technical specifications, however, manufacturers often do not mention specific power, or power delivery, which is different from specific energy. Primary batteries are inferior to rechargeable batteries when it comes to a specific power, particularly for loads that draw high currents. Their lack of strength on loading makes alkaline batteries more suitable for light loads of lower drain applications such as remotes, flashlights, and other portable electronics.
According to Bosson Research, the worldwide Market Size of alkaline batteries in 2021 was $11277 million, which is expected to increase to $16188 million in 2028. This corresponds to 67% (in 2021) of the total production of the primary batteries. The growth in the market 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.
Figure Global Primary Alkaline Batteries Market Size
Source: Bossonresearch.com, 2022
During the forecast period, the increase in demand for battery-operated toys is expected to drive the demand for the Primary Alkaline Batteries. The use of primary batteries such as Primary Alkaline Batteries in electronic toys is expected to drive the market. Battery-operated toys such as toy cars, dolls, robots, and drones are becoming popular. For example, in 2019, retail sales of electronic toys and games in China are increasing at a rate of 7.1%. The growing popularity of battery-operated toys will continue to increase the demand for primary batteries. The increase in demand for battery-operated toys is expected to have a positive impact on the growth of the Primary Alkaline Batteries market.
The Primary Alkaline Batteries market is restricted due to the increasing popularity of alternative technologies such as rechargeable batteries. Rechargeable batteries have gained immense popularity as they are a sustainable and ecological replacement for non-rechargeable batteries when compared to batteries made of Primary Alkaline Batteries. Rechargeable batteries also provide long-term cost benefits and enhanced durability. Since consumers have been adopting portable devices, such as mobile phones, laptops, cordless power tools, and MP3 players, the need for rechargeable batteries has grown substantially over the years.
Change in packaging techniques of the Primary Alkaline Batteries is the latest trend in the global Primary Alkaline Batteries market. Primary Alkaline Batteries battery manufacturers are changing their battery packaging techniques to offer more convenience to their customers. In the past, Primary 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 Primary Alkaline Batteries in packs of 10, believing that the new package size was especially practical for distributors since it allows more exact calculations.
In December 2021, Volt Resources, an Australian graphite and anode producer, announced a partnership with Urban Electric Power, a US-based alkaline battery producer to develop new technologies to improve alkaline battery performance. Volt Resources and Urban Electric Power (UEP), will work together to develop new technologies that will use non-spherical purified graphite for conductivity enhancement and ultra-high-purity graphite-based coatings to improve alkaline battery performance.
Key players in the Primary Alkaline Batteries Market include:
Duracell
Zhongyin (Ningbo) Battery
Panasonic
Guangzhou Tiger Head Battery Group
Energizer
Toshiba
NANFU Battery
GP Batteries
FDK
Changhong
Zheijiang Mustang
Maxell
Huatai Group
Xiamen 3-circles Sports Technology
Guangxi Wuzhou Sunwatt Battery
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