The Abundance of Zinc will drive the Growth of Global Zinc-based Battery Market

The global zinc-based battery market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2021-2027). Zinc is abundantly available throughout the globe and is ranked fourth for its availability. Due to this reason, it is more economical than other metallic elements which can be used for batteries. The zinc-based batteries were evolved in 1930; however, it is getting popular now due to its increasing usage in automotive electric vehicles and for storage of energy. 

Browse the full report description of "Global Zinc-based Battery Market Size, Share & Trends Analysis Report by Type (Zinc-Air Battery, Nickel-Zinc Battery, Zinc-Silver Battery, Carbon-Zinc Battery, Zinc-Chloride Battery, and Zinc-Mn Battery), by Usability (Primary battery, and Secondary battery), and by End-Users (Automobile, Consumer Electronics, Industrial, and Others) Forecast Period 2021-2027" at https://www.omrglobal.com/industry-reports/zinc-based-battery-market

As electricity generation is increasing through natural and renewable sources including solar energy, and wind energy; the demand for its efficient storage is rising. Zinc-based batteries are the effective solution for this demand as it is economical than standard lithium batteries and has been studied to be 50% more efficient than lithium-ion batteries by Salient Energy, Inc. 

Through these rapid innovations and developments, the zinc-based battery market is expected to grow significantly during the forecast period. Additionally, the market players are contributing considerably to this market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. 

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Type

o By Usability

o By End-Users

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape-Duracell, Inc., Panasonic Corp., Electric Fuel, Inc., GPB International Ltd., RedFlow Ltd., EaglePicher Technologies LLC, and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Zinc-based Battery Market Report Segment

By Type

• Zinc-Air Battery
• Nickel-Zinc Battery
• Zinc-Silver Battery
• Carbon-Zinc Battery
• Zinc-Chloride Battery
• Zinc-Mn Battery

By Usability

• Primary Battery
• Secondary Battery

By End-Users

• Automobile
• Consumer Electronics
• Industrial
• Others

Global Zinc-based 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

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