Disposable Batteries Market Research Report – Global
Forecast till 2023
Market Research Future (MRFR) has recently published an exhaustive
report on the global disposable batteries market. MRFR has projected a CAGR of
5.20% over the forecast period of 2018-2023. The report contains valuable
insights into the market, which are supported by historical data as well as
forecasts for the coming years. Disposable
batteries, also known as dry batteries, are non-rechargeable batteries with
high energy density and an extended life span. In these batteries, the cathode
and anode are made of manganese oxide zinc powder, respectively. Their
electrolytes are made of potassium hydroxide. A detailed analysis report of COVID-19
impact on Disposable Batteries Market is provided with the report.
Disposable batteries convert stored chemical energy
into electrical energy. The chemical reactions in disposable batteries are not
reversible, and hence, they cannot be recharged. Disposable batteries stop
producing current when the supply of reactants in the battery is exhausted.
Disposable batteries are suitable for portable equipment.
In recent years, the use of
electronic gadgets has witnessed a steep surge, creating a favorable
environment for the growth of the disposable batteries market. Batteries are
central to the use of many consumer electronics goods. Dry cell batteries
experience huge demand from rural areas where continuous and unlimited electric
supplies are not available. Disposable batteries are portable, small, have a
longer shelf life, and are non-hazardous. Large influx of investments in the
disposable battery space by market players signal future expansion of the
disposable battery market. Aggressive R&D activities are being carried out
to further develop disposable battery technology.
Global Disposable
Batteries Industry Segmentation
The disposable batteries
market has been segmented based on type and end-use.
By type, the disposable
batteries market has been segmented into alkaline, nickel-cadmium, and others.
The alkaline segment is leading the market. The growth of the segment can be
credited to the high energy density of alkaline disposable batteries, which
allows them to produce massive amounts of energy for a prolonged period.
Moreover, longer life span also acts as an advantage.
By end-use, the disposable
batteries market has been segmented into consumer electronics, automotive,
industrial, medical, military & defense, and others. The consumer
electronic segment is leading the market on account of surging use of
disposable batteries in daily use gadgets.
Key Players
Battco (US), Liebherr Group (Switzerland), Rayovac
(US), Nbcell Battery (China), GP Batteries Intl (Singapore), Panasonic
Corporation (Japan), Southwest Electronic Energy Group (US), Everyday Battery
Company (US), Energizer Battery, Inc. (US), Sony (Japan), and Duracell
Batteries Ltd (US) are the key players in the disposable batteries market.
Regional Outlook
Region wise, in 2017, Asia-Pacific held the largest
market share of the global disposable batteries market. It is estimated that
Asia-Pacific would be the largest market during the forecast period, owing to
the increasing demand for consumer electronics products in countries, such as
India, China, US, and Japan.
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