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.
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.
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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.
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Report @ https://www.marketresearchfuture.com/reports/disposable-batteries-market-7587
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.
Scope of the Report
This research report provides insights into
various levels of analysis, such as industry analysis and market share analysis
for the leading industry competitors, along with their profiles. It also helps
study the target segments by providing views on the emerging & high-growth
segments. The market data comprises the basic assessment of the competitive
scenarios and strategies in the global Disposable Batteries Market, including
high-growth regions and/or countries, and political and economic environments.
The project report further provides both – historical market values and pricing
& cost analysis
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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