Global Zinc Carbon Battery Market Price And Industry Growth, Forecasts Till, 2017 - 2022
The global zinc carbon battery market is estimated to demonstrate an escalating CAGR of 0.9% by 2022. A typical zinc carbon battery is a dry cell battery that forms a sufficiently strong electrochemical reaction between magnesium oxide and zinc to deliver electric power of 1.5 volts.
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Electronic equipment’s miniaturization has reduced power demands. However, along with the addition of innovative features that entails higher power requirements like cassette recorders or compact disc players, halogen bulbs or lighting devices, etc. The growing popularity of heavy equipment has increased the need for zinc carbon cells. Zinc carbon batteries have a short shelf life since the zinc element is usually attacked by ammonium chloride, thus compromising its durability and is restraining its zinc carbon battery market proliferation. These batteries exhibit low to moderate costs therefore, continuing its suitability across industrial applications for heavy intermittent service.
Several manufacturers are adding minute amounts of ammonium chloride to enhance its stability in terms of design and formulation to cut the cost competitive nature of the market. Ammonium chloride additive batteries have also exhibited low leakage characteristic, thus, making it ideal for heavy-duty manufacturing industries.
Zinc Carbon Battery Market segmentation based on product type covers, AA, C Battery, 9V Battery, AAA, and D Battery. The zinc carbon batteries have found is application across flashlights, toy and novelty, remote control, entertainment, and several other end users. The market focus on geographical segmentation has identified North America, Europe, the Asia Pacific, the Middle East, and Africa, and Latin America as the key regions of the global market.
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The zinc carbon battery market poses a multitude of challenges for the business participants and is gaining a critical understanding of these pitfalls have impelled the contenders to pander strategic merger & acquisition activities. They have identified the cost of resources, former growth statistics, sales volume, and future prospects.
Some of the key players operating in this global market include 555BF, Spectrum Brands, Panasonic, Fujitsu, 3circles, Energizer Batteries, Sonluk, MUSTANG, Huatai, Nanfu, Sunwatt, and Toshiba among others.
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