From GlobeNewswire: 2024-04-10 11:38:00

Allied Market Research published a report on the global primary lithium batteries market, forecasting a value of $3.9 billion by 2032 with a 4.7% CAGR. Factors driving growth include demand from medical devices, while environmental concerns remain a challenge. The lithium-manganese dioxide segment dominates, with Asia-Pacific leading regionally.

The healthcare industry’s reliance on medical devices is boosting demand for primary lithium batteries, contributing to market growth. Despite environmental concerns with lithium batteries, demand remains high from sectors like consumer electronics and healthcare. Ongoing research aims to improve sustainability. The automotive and lithium-manganese dioxide segments lead the market.

Asia-Pacific holds the largest market share in the global primary lithium batteries market, with the lithium-manganese dioxide segment dominating. Key players include Energizer, Duracell, and Panasonic. Market players are adopting strategies like new product launches and collaborations to maintain their dominance. The report provides insights into competitive scenarios.

In the battery industry, trends like lead-acid batteries and lithium-ion battery recycling are gaining traction. The market is witnessing growth in various segments, including electric scooter batteries and thin film batteries. Allied Market Research offers detailed reports and insights, helping businesses make strategic decisions for sustainable growth. Visit their website for more information.



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