Zinc-Carbon Battery Market

Overview:

One of the most critical benefits of using zinc carbon batteries is that they have a superior power back up and a longer shelf-life – the qualities not letting the popularity of the batteries fall. Additionally, they are not harmful and can also be disposed without too much hassle. Thus, it does not shock that the global zinc carbon battery market is set to chart a significant growth curve over the forecast period of 2018 and 2026. One of the largest contributors to this growth is rising demand for consumer electronics. An increase in disposable incomes worldwide is a major driver of growth in consumer electronics market.

Some of the most significant developments that the market is witnessing, leading to growth in the landscape are the following:

• Internet of Things (IoT) is seeing a sturdy growth trajectory over the forecast period owing to massive technological advancement and a simultaneous adoption of the technology in order to gain control over devices and appliances, particularly in homes, from remote locations. This leads to an increase in demand for remote controls, contributing positively to demand statistics for zinc carbon battery. Here, it is important to mention artificial intelligence (AI), which is in step with IoT in paving the way for steady growth of global zinc carbon battery market.
• Toys and novelty in the market are also powered by cutting edge technology now as gone are the days when children were satisfied with simple board games and plastic toys that were static and non-interactive. Today, they want interaction with the production and this again is leading to technologies such as IoT and AI to make inroads in this segment. As a result, demand for zinc carbon batteries is growing at a decent CAGR (Compound Annual Growth Rate) over he forecast period.

Zinc-Carbon Battery Market: Overview

Zinc-carbon batteries were the first commercial dry cell batteries. These batteries have an anode of zinc, a cathode of manganese dioxide, and a marginally acidic electrolyte. Zinc-carbon batteries work due to an electrochemical reaction within the cell. These batteries have a long shelf-life, and they run for longer durations when left unused. These batteries are manufactured in several shapes and sizes and are used in many applications that are similar to those of alkaline batteries. Zinc-Carbon batteries are non-hazardous and can be discarded in the trash.

Zinc-Carbon Battery Market: Trends & Demands

Growing demand for consumer electronics such as T.V.s, air conditioners, and portable radios is driving the global zinc-carbon battery market. Furthermore, zinc-carbon batteries are inexpensive, and provide good performance for applications such as cameras, flashlights, and toys. This, in turn, propels the market. However, availability of other alternatives such as alkaline batteries is a major factor restraining the global zinc-carbon battery.

Zinc-Carbon Battery Market: Key Segments

Carbon zinc batteries are available in a range of sizes to cater to consumer needs. Based on size, the zinc-carbon battery market can be divided into AA, AAA, C, D, and 9V. AAA and AA sizes are suited for low-drain applications, while AA is also used for high-drain applications. AA is the most commonly used zinc-carbon battery size, while the AAA size segment is expected to grow at fastest CAGR during the forecast period. Size C, D, and 9 V are employed for specific applications and are expected to grow at a significant CAGR during the forecast period.

In terms of application, the global zinc-carbon battery market can be segregated into toys and remote controls, wall-mounted and table clocks, flashlights, and others. The toys and remote controls segment is anticipated to expand at a rapid pace during the forecast period.

Zinc-Carbon Battery Market: Regional Outlook

Based on region, the global zinc-carbon battery market can be segregated into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the global zinc-carbon battery market in 2017. The global zinc-carbon battery market in the region is estimated to expand at a considerable CAGR during the forecast period, followed by North America. High growth in the electronics and electrical industries and rise in awareness among end-users regarding efficiency of product are key factors driving the global zinc-carbon battery market. Moreover, major manufacturing companies are shifting their manufacturing plants in Asia Pacific due to availability of raw material and low cost of labors. This has the positive influence on the growth of the global zinc-carbon battery market. For instance, in May 2017, GP Batteries International Limited started a new plant in Vietnam. China, India, Japan, and South Korea are major consumers of these batteries.

The global zinc-carbon battery market in North America is anticipated to expand at a substantial CAGR during the forecast period due to heavy manufacturing base, increase in production, and rise in investments by leading manufacturers in the region. The U.S. is the major consumer of these batteries in the North America as well as global zinc-carbon battery market. The global zinc-carbon battery market in Latin America is estimated to expand at a significant pace during the forecast period. Rising industrialization, growing population, and increasing disposable income are driving the global zinc-carbon battery market in the region.

Zinc-Carbon Battery Market: Key Players

Key companies operating in the global zinc-carbon battery market include Panasonic Energy Company India Limited, Jiaxing Minimoon Battery Co., Ltd, Eveready Industries India Ltd, Multicell International Limited, Imerys Graphite & Carbon, FUJITSU, TOSHIBA LIFESTYLE PRODUCTS & SERVICES CORPORATION, Nippo Batteries, ZHENGJIANG MUSTANG BATTERY CO., LTD., FDK Corporation, Linyi Huatai Battery Co., Ltd., and GP Batteries International Limited.