Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 985.53 Million | USD 1343.17 Million | 3.5% | 2023 |
According to the report published by Zion Market Research, the global Zinc Carbon Battery Market size was valued at USD 985.53 Million in 2023 and is predicted to reach USD 1343.17 Million by the end of 2032. The market is expected to grow with a CAGR of 3.5% during the forecast period. The report analyzes the global Zinc Carbon Battery Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Zinc Carbon Battery industry.
Global Zinc Carbon Battery Market: Overview
Zinc carbon batteries are dry cell batteries that produce direct current through the electrochemical reaction between zinc and manganese oxide. It has the potential to deliver 1.5 volts between a carbon rod and a zinc metal electrode. Usually, it comes wrapped in a zinc can which also serves as an anode, while a carbon rod with a positive potential acts as a cathode. These batteries still serve a purpose in devices with low power consumption or intermittent use such as remote controls, flashlights, clocks, or transistor radios.
These batteries are affordable and convenient with a long shelf-life, and they run for longer durations when left unused. Batteries with general-purpose use may use aqueous pastes of ammonium chloride as electrolytes, perhaps mixed with zinc chloride solution.
Global Zinc Carbon Battery Market: Growth Factors
In today's growing battery industry, zinc-carbon batteries are the backbone of the technology. The global zinc-carbon battery market is growing at a lucrative pace and will show considerable growth in the forecast period. Factors that are fueling the growth of the global market include rapidly growing Internet of Things (IoT) technology and rising adoption of cutting-edge technology by consumers. Widespread acceptance of advanced technologies and a wide range of applications provided by zinc-carbon batteries such as flashlights, entertainment, toys & novelty, remote control, and others surge the demand for zinc-carbon batteries and fuels the market growth. Further, zinc batteries are inexpensive and offer good performance leading to rising demand from consumer electronic devices such as T.V.s, air conditioners, and portable radios.
The rapidly evolving consumer electronics industry is projected to enhance the market growth. Furthermore, the rising adoption of AI technology in the manufacturing of zinc carbon batteries to enhance the shelf life and usage is projected to offer new growth opportunities to the global zinc carbon battery market growth in the forecast period. However, the availability of cost-effective alternatives as well as zinc-carbon batteries that are used in many applications that are similar to those of alkaline batteries in the market is anticipated to hamper the demand of the global zinc-carbon battery market.
Additionally, the current concern over the spread of COVID-19 has majorly impacted the overall economy and society across the globe. This sudden outbreak of COVID-19 has also created uncertainty in numerous manufacturing industries such as the electrical and electronics sector. However, to control the spread of the infection, the government imposed various rules & regulations on the population such as restrictions on transportation, halt in production, and social distancing which in turn affected the overall supply chain of manufacturing units. In addition, operations of production and manufacturing industries have been heavily impacted by the sudden government impositions. Despite having a vast use in consumer electronics for zinc-carbon batteries, there is a rapid reduction in the manufacturing and production of zinc-carbon batteries due to the COVID-19 pandemic.
Global Zinc Carbon Battery Market: Segmentation
The global zinc-carbon battery market is divided based on type, application, and region.
On the basis of type, the global zinc carbon battery market is split into C battery, D battery, AA, AAA, and 9V battery.
The application segment is bifurcated into flashlights, entertainment, toy & novelty, remote control, and others.
Report Attributes | Report Details |
---|---|
Report Name | Zinc Carbon Battery Market |
Market Size in 2023 | USD 985.53 Million |
Market Forecast in 2032 | USD 1343.17 Million |
Growth Rate | CAGR of 3.5% |
Number of Pages | 194 |
Key Companies Covered | Jiaxing Minimoon Battery Co., Ltd, Panasonic Energy Company India Limited, Imerys Graphite & Carbon, ZHENGJIANG Mustang Battery Co., Ltd., Toshiba Lifestyle Products & Services Corporation, Spectrum Brands, Fujitsu Limited, FDK Corporation, NANFU Global, and Energizer Batteries |
Segments Covered | By Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Zinc Carbon Battery Market: Regional Analysis
Geographically, the Asia Pacific region is projected to hold the major share in the global zinc carbon battery market and is expected to continue its growth during the forecast period. Factors such as the rapidly growing electrical & electronics industry and increasing demand from end-user industries are boosting the growth of the market in this region. China, India, Japan, and South Korea are contributing majorly to the zinc carbon battery market growth owing to the easy availability of raw materials and the presence of low-cost labor.
On the other hand, North America is anticipated to grow at a significant rate and is expected to offer new opportunities for market growth. The factors that are enhancing the growth of the market in this region include increasing investment by leading players, a rise in production, and rapid industrialization. Europe is also estimated to grow at a healthy rate during the forecast period.
Global Zinc Carbon Battery Market: Competitive Players
The global zinc carbon battery market is intensively fragmented owing to the presence of domestic as well as international leading players. The leading players operating in the market are continuously focusing on improving products and facilitating other inorganic strategies to gain a competitive edge in the market. These players are also increasing their production capabilities across various countries specifically in Asian countries to gain the major market share.
The global zinc carbon battery market is segmented as follows;
By Type
By Application
By Region
What Reports Provides
FrequentlyAsked Questions
Factors that are fueling the growth of the global market include rapidly growing Internet of Thongs (IoT) technology and rising adoption of cutting-edge technology by consumers. Furthermore, the rising adoption AI technology in the manufacturing of zinc carbon batteries to enhance the shelf life and usage are projected to offer new growth opportunities to the global zinc carbon battery market growth in the forecast period.
Jiaxing Minimoon Battery Co., Ltd, Panasonic Energy Company India Limited, Imerys Graphite & Carbon, ZHENGJIANG Mustang Battery Co., Ltd., Toshiba Lifestyle Products & Services Corporation, Spectrum Brands, Fujitsu Limited, FDK Corporation, NANFU Global, and Energizer Batteries are some of the leading players that are functioning in the global zinc-carbon battery market.
Geographically, the Asia Pacific region is projected to hold the major share in the global zinc-carbon battery market and is expected to continue its growth during the forecast period. Factors such as the rapidly growing electrical and electronics industry and increasing demand from end-user industries are boosting the growth of the market in this region.
A zinc-carbon battery is a type of dry-cell battery that uses zinc as the anode and manganese dioxide as the cathode. It's one of the oldest battery types and is still widely used today for low-drain devices like remote controls, clocks, and flashlights. While it's not as powerful as newer battery technologies, it's known for its low cost and long shelf life.
According to a study, the global zinc carbon battery market size was worth around USD 985.53 million in 2023 and is expected to reach USD 1343.17 million by 2032.
The global zinc carbon battery market is expected to grow at a CAGR of 3.5% during the forecast period.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed