Alkaline Battery Market to 2021 Driven by Regulations on Battery Recycling
PUNE, India, July 24, 2017 /PRNewswire-iReach/ -- According to the alkaline battery market report, one driver in the market is regulations on battery recycling. Alkaline batteries are the most frequently used battery type worldwide for many applications. As of 2016, globally, these batteries make up four-fifth of the total battery waste. Governments worldwide are formulating regulations for the safe disposal and recycling of batteries to prevent soil and groundwater pollution. Moreover, the metals extracted from recycling can be reused to manufacture batteries, which provide cost benefits for battery manufacturers.
Complete report on Alkaline Battery market spread across 65 pages, analyzing 6 major companies with table of content is now available at http://www.reportsnreports.com/reports/1134878-global-alkaline-battery-market-2017-2021.html .
Alkaline battery market analyst says one trend in the market is domestic production of primary batteries. The market is over flooded with a wide range of primary batteries, both branded as well as non-branded. Consumers prefer buying batteries that are manufactured locally as they are cost-effective and easily available. This affects the international vendors that provide batteries at a higher cost.
The following companies as the key players in the global alkaline battery market: Duracell, Energizer Holdings, Panasonic, Rayovac, Sony, and Toshiba. Other prominent vendors in the market are: Camelion Battery, Chung Pak, Dongguan Large Electronics, Excell Battery, Gao Huan photoelectric technology, GPB International, Hitachi Maxell, Indo National, Loopacell, and Shenzhen Shirui Battery.
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Global Alkaline Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global alkaline battery market for 2017-2021. To calculate the market size, the report considers sales value.
Further, the report states that one challenge in the market is threat of counterfeit batteries. The threat of counterfeiting poses a major challenge for every product. Such counterfeiting affects the product's performance as well as the reputation of the actual manufacturers. Counterfeit batteries are characterized by poor performance, efficiency, and lack the leak-proof features of branded batteries. These products may not follow the safety standard and can pose risks to both human beings and the environment. When mixed with regular primary batteries, cheap alkaline batteries can be volatile and cause hazards.
The alkaline battery market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Alkaline batteries provide electric power to devices. These batteries use an alkaline electrolyte of potassium hydroxide (KOH). In an alkaline battery, the positive electrode is manganese dioxide and the negative electrode is zinc. When the battery is connected, electrons flow from the negative electrode in the circuit to power the external device connected to the battery. The flow of electrons forms an electric charge.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this Industry?
What are the challenges to Alkaline Battery market growth?
Who are the key vendors in this Industry space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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