PUBLISHER: The Business Research Company | PRODUCT CODE: 1707230
PUBLISHER: The Business Research Company | PRODUCT CODE: 1707230
A zinc battery functions as an electrochemical cell with zinc serving as the anode material. Its appeal lies in its relatively low cost, the ready availability of raw materials, and its environmentally friendly nature, as zinc is less toxic compared to many other metals commonly used in batteries.
The primary types of zinc batteries include zinc-air, nickel-zinc, zinc-silver, carbon-zinc, zinc-manganese, among others. A zinc-air battery, for instance, operates by using zinc as its anode and oxygen from the air as its cathode, making it lightweight and efficient, particularly suitable for applications such as hearing aids and other compact devices. The battery's reusability varies between primary and secondary, catering to diverse applications such as electric vehicles, consumer electronics, power tools, and more.
The zinc battery research report is one of a series of new reports from The Business Research Company that provides zinc battery market statistics, including the zinc battery industry's global market size, regional shares, competitors with a zinc battery market share, detailed zinc battery market segments, market trends and opportunities, and any further data you may need to thrive in the zinc battery industry. This zinc battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The zinc battery market size has grown rapidly in recent years. It will grow from $1.09 billion in 2024 to $1.29 billion in 2025 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to rising demand for portable electronics, zinc batteries have historically been used in automotive applications, military and aerospace needs, government policies and regulations promoting the use of non-toxic and recyclable materials, and cost-effective solution.
The zinc battery market size is expected to see rapid growth in the next few years. It will grow to $2.51 billion in 2029 at a compound annual growth rate (CAGR) of 18.1%. The growth in the forecast period can be attributed to market expansion and investment, increased energy demand from urban areas, electrification of transportation, growth in renewable energy installations, and rising awareness about environmental impact. Major trends in the forecast period include advancements in zinc-air batteries, miniaturization, and integration, innovations in safety technologies, development of zinc-ion batteries, and integration of zinc batteries with renewable energy sources.
The zinc battery market is poised for growth due to the increasing demand for consumer electronics. Consumer electronics encompass devices used daily for entertainment, communication, and productivity, driven by ongoing technological advancements, internet proliferation, smartphone and tablet adoption, and smart home technology expansion. Zinc batteries are favored in consumer electronics such as remote controls and toys for their cost-effectiveness and reliable performance in low-power applications. For example, data from the Japan Electronics and Information Technology Industries Association in May 2023 showed a rise in consumer electronics production to $291.81 million (¥32,099 million) compared to $229.768 million (¥25,268 million) in May 2022, indicating the market's growth fueled by consumer electronics demand.
Leading companies in the zinc battery market are prioritizing the development of advanced solutions such as NiZn technology to enhance battery safety and efficiency. NiZn technology in zinc batteries utilizes nickel and zinc chemistry to improve performance and environmental sustainability over traditional battery types. In May 2024, ABB Inc., a Switzerland-based provider of electrical equipment and automation products, introduced nickel-zinc (NiZn) batteries for data center UPS solutions, offering enhanced safety, reliability, and sustainability benefits. These batteries are a safer alternative to lead-acid and lithium-ion types, with reduced thermal runaway risks and lower environmental impact, contributing to a greener energy landscape and improved data center power usage effectiveness (PUE).
In January 2024, Celgard LLC, a US-based high-performance membrane technology provider, partnered with AEsir Technology Inc. to drive innovation in nickel-zinc, zinc-air, and lithium-zinc batteries. This collaboration aims to advance next-generation batteries such as nickel-zinc, zinc-air, and lithium-zinc, targeting applications in aviation, data centers, telecom, energy infrastructure, and electric vehicle (EV) charging. AEsir Technology Inc. specializes in advanced nickel-zinc battery technology development, positioning the partnership to drive industry innovation and meet evolving energy storage needs.
Major companies operating in the zinc battery market are Toshiba Corporation, Energizer Holdings Inc., Duracell Inc., Eastman Kodak Company, GP Industries Limited, FDK Corporation, Nippo Ltd, ZincFive Inc., Primus Power Corp., Zpower LLC, ZAF Energy Systems Inc., Salient Energy Inc., Imprint Energy Inc., Panasonic Energy Co. Ltd., Renata SA, ZeniPower (Zhuhai Zhi Li) Battery Co. Ltd., Zhejiang Mustang Battery Co. Ltd., Multicell International Ltd., ABOUND Ltd, Enerpoly AB, Advanced Battery Concepts LLC, Linyi Huatai Battery Co. Ltd., Shenzhen Tcbest Battery Industry Co. Ltd.
Asia-Pacific was the largest region in the zinc battery market in 2024. The regions covered in the zinc battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the zinc battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The zinc battery market consists of sales of zinc-alkaline batteries, zinc-polymer batteries, and zinc-iron batteries. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Zinc Battery Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on zinc battery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for zinc battery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The zinc battery market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.