The global zinc-based battery market is anticipated to grow at a significant CAGR of 5.8% during the forecast period. A zinc-based battery is a rechargeable battery using zinc as an anode. It powers various applications such as electric vehicles, toys, drones, cameras, flashlights, and so on. The main element used in these batteries is zinc which is the fourth most abundant element and is much cheaper as compared to other materials used in lithium-ion or nickel-metal hydride batteries. The market for the zinc-based battery is expected to show significant growth due to increasing demand for consumer electronics such as cameras, laptops, game players, toys, and others. In addition, the increasing market of electric vehicles further augments the growth of the market in the future. Another major factor driving the growth of the market includes the low cost of zinc-based batteries as compared to other batteries such as lithium-ion batteries and nickel-cadmium batteries. However, factors such as the presence of alternatives in the market and the low shelf life of zinc-based batteries hinder the growth of the market.

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The COVID-19 pandemic has impacted all industries and the zinc-based battery market is also not left untouched. The supply chain disruption had created problems for the supply of raw materials as well as finalized products. According to the International Energy Agency, electric vehicle sales had fallen 15% throughout the globe which had certainly impacted the zinc-based battery market. However, increased demand of medical equipment had supported the market to stablise.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Zinc-Based Battery Market by Type

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

Global Zinc-based Battery Market by Usability

Primary Battery
Secondary Battery

Global Zinc-Based Battery Market by End-User

Automobile
Consumer Electronics
Industrial
Others

Regional Analysis

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

Company Profiles 

Duracell Inc.
EaglePicher Technologies LLC
Electric Fuel Ltd.
Energizer Holdings, Inc.
EnZinc
Eos Energy Enterprises, Inc.
GPB International Ltd.
Guangzhou Tianqiu Enterprise Co., Ltd.
Imprint Energy, Inc.
NantEnergy, Inc.
Panasonic Corp.
Redflow Ltd.
Revolt Technology AS
Shenzhen Tcbest Battery Industry Co., Ltd.
ViZn Energy Systems
ZAF Energy Systems, Inc.
ZeniPower (Zhuhai Zhi Li) Battery Co., Ltd.
Zinc8 Energy Solutions, Inc.
ZincFive, Inc.
ZPower, LLC

The Report Covers

Market value data analysis of 2020 and forecast to 2027.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global zinc-based battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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