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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Additionally, they are generally not rechargeable. Although there are some rechargeable alkaline batteries available, they are not as prevalent as other rechargeable variants like lithium-ion or nickel-metal hydride.To overcome these challenges, various private, and public organizations and academic institutions increasingly focus on R&D in battery technology and material science, primarily to improve performance and reliability. For instance, in September 2023, researchers from Worcester Polytechnic Institute (WPI)developed rechargeable iron alkaline batteries using chloride ions, an approach that utilizes the abundance of iron and seawater. They discovered a new redox chemistry that improves the battery’s stability and performance. A lab-scale prototype has been developed, paving the way for potential industrial-scale production.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Alkaline Battery Market Report Segment
By Type
- Primary Cells
- Secondary Cells
By Size
- AA
- AAA
- 9 Volt
- Others (N cell, button cell, and other)
By End-User
- Consumer electronics
- Industrial
- Medical
- Military
Global Alkaline Battery Market Report Segment by Region
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
- Latin America
- Middle East & Africa
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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