Disposable Battery Market by Demand, Overview, Business Opportunities 2023

Posted by Anvi on March 3rd, 2020

Disposable Battery Market Scenario

Market Research Future (MRFR) has recently published an exhaustive report on the globalDisposable Battery 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.

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 Battery 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 battery 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.  

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Anvi

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Anvi
Joined: October 25th, 2019
Articles Posted: 461

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