Alkaline battery market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. The growing demand for alkaline battery from end-user industries is a key factor driving the growth of the global market. However, the high cost of these batteries may restrain its market growth.
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Although alkaline batteries provide various advantages such as higher energy density and longer shelf life compared to their acidic counterparts, it has certain limitations which negatively affect overall market growth. Alkaline batteries often face challenges in sustaining their performance when used in high-drain applications or under continuous usage, leading to a significant reduction in their lifespan.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Alkaline BatteryType
- Primary
- Secondary
Global Alkaline BatterySize
- AA
- AAA
- 9 Volt
- Others (N cell, button cell, and other)
Global Alkaline BatteryMarket by End-User
- Consumer electronics
- Industrial
- Medical
- Military
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Ansmann Energy GmbH
- Duracell Inc.
- EBL Technology Co., Ltd.
- Eveready Industries India Ltd.
- Exide Technologies
- Fujitsu Ltd.
- GP Batteries International Ltd.
- Maxell Ltd.
- PKCELL Battery Co., Ltd.
- Rayovac (subsidiary of Spectrum Brands Holdings, Inc.)
- Sony Group Corp.
- Spectrum Brands Holdings, Inc.
- Tianjin Lishen Battery Joint-Stock Co., Ltd.
- Ultralife Corp.
- Zhejiang Mustang Battery Co., Ltd.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global alkaline batterymarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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