2020 Alkaline Batteries Market Size, Growth, Trends, Geographic Segmentation, Statistical Forecast and Competitive Landscape Report To 2023
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.
During the forecast period, the increase in demand for battery operated toys is expected to drive the demand for the alkaline batteries. Use of primary batteries such as 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.
Alkaline Batteries Market Segmentation:
By Product Type:
3.Toy And Novelty
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Few Points From Table Of Content
1. Executive Summary
2. Alkaline Batteries Market Characteristics
3. Alkaline Batteries Market Size And Growth
4. Alkaline Batteries Market Segmentation
5. Alkaline Batteries Market Regional And Country Analysis
26. Key Mergers And Acquisitions In The Alkaline Batteries Market
27. Alkaline Batteries Market Trends And Strategies
28. Alkaline Batteries Market Future Outlook and Potential Analysis
The report covers the trends and market dynamics of the Alkaline Batteries Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in 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, Nanfu (China), Maxell Holdings Ltd., GP Batteries International Limited, PKCELL (China), Zhongyin (Ningbo) Battery, EVE Energy Co. Ltd. (China), Rayovac, Fujitsu, MUSTANG , EVEREADY, Zhejiang Mustang Battery Co. Ltd.
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