Alkaline Batteries Accounted For The Largest Share Of The Primary Batteries Market In 2020 At Around 51%

TheBusinessResearchCompany.com offers "Primary Batteries Market By Type (Alkaline Batteries, Lithium Batteries And Other Primary Batteries), Market Trends And Market Overview - Global Forecast To 2022" from its research store.

The primary batteries manufacturing market consists of the revenues generated from sales of primary batteries by entities (organizations, sole traders and partnerships) that manufacture primary batteries. Primary batteries are small single-use batteries that generate electric power from chemical reactions that occur between the terminals and the electrolyte in the battery. They include alkaline batteries, lithium batteries, zinc-carbon batteries, and dry cell batteries. Primary batteries are mainly used in low-drain portable electronic devices.

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The recent growth of portable medical devices, that require frequent replacement of batteries, is expected to drive the growth of the primary batteries market. Portable medical devices are usually used by people with chronic conditions or the elderly to keep a check on health conditions such as blood sugar levels or blood pressure. Portable medical devices powered by primary batteries can be used where charging or continuous power supply is limited.

The Laws which mandate producers or retailers of primary batteries to have a system for disposing and recycling of used and worn out batteries, hindered the growth of the primary batteries market in the historic period. Companies that manufacture primary batteries are advised, unless mandated, to provide drop off locations to their consumers at retail or municipal sites to dispose worn out batteries.

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By Geography - The primary batteries market is segmented into
1. North America
2. Western Europe
3. Asia Pacific
4. Eastern Europe
5. South America
6. Middle East
7. Africa

Asia Pacific is the largest market for primary battery companies, accounting for about 34% of the global market. It was followed by Western Europe, North America and then the other regions. Going forward, Africa and Eastern Europe will be the fastest growing regions in this market.

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Some of the major key players involved in the primary batteries market are Panasonic Corporation, Duracell (Berkshire Hathaway), Energizer Holdings Inc., Spectrum Brands Legacy Inc. and Saft Groupe S.A. (Total SA).

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This release was published on openPR.