The Business Research Company’s Alkaline Batteries Global Market Report 2020. The report covers market size, key players, market share and trends.
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Alkaline Batteries Global Market Report 2020 is one of a series of new reports from The Business Research Company that provide Alkaline Batteries market overviews, analyze and forecast market size and growth for the whole market, Alkaline Batteries market segments and geographies, Alkaline Batteries market trends, Alkaline Batteries market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The alkaline batteries market consists of sales of alkaline batteries and related services for commercial and household purpose such as power remote controls, electric tooth brushes, electric toys and game controllers. Alkaline batteries are composed of zinc and manganese dioxide as electrodes. The positive electrode (cathode) in an alkaline batteries battery is based on manganese (IV) oxide and the negative electrode (anode) is based on zinc. Power in the battery is produced through two chemical reactions at the positive and negative electrodes. Manganese (IV) oxide is converted into manganese (III) oxide and hydroxyl ions at the positive electrode, while zinc reacts with the hydroxyl ions to release the electrons that power the circuit at the negative electrode.
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The global alkaline batteries market was worth $17.3 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 9.22% and reach $24.61 billion by 2023.
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