Global Chemical Battery Market Growth 2025-2031

The global Chemical Battery market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A chemical battery is a device that converts chemical energy into electrical energy. The main part includes the electrolyte solution and the positive and negative electrodes immersed in the solution. When in use, connect the wires to the two electrodes, that is, a current passes through (discharge), thus obtaining electric energy. After discharge to a certain extent, the electric energy weakens, and some can be recharged and restored to use again, called storage batteries, such as lead storage batteries, iron-nickel storage batteries, etc., and some cannot be charged and restored, called primary batteries, such as dry batteries, Daniel batteries, fuel cells, etc.

According to data released by the China Association of Automobile Manufacturers, in December 2022, the production and sales of hydrogen fuel cell vehicles in China was 653 and 607, respectively. In the whole year of 2022, the production and sales of hydrogen fuel cell vehicles was 3,626 and 3,367, a year-on-year increase of 105.4% and 112.8%, respectively. According to our Fuel Cell Research Center, by the end of 2022, the number of fuel cell vehicles in the world had reached 67,000 units, a year-on-year increase of 36.6%. Among them, the number of fuel cell vehicles in China was 12,682 units.

LP Information, Inc. (LPI) ' newest research report, the “Chemical Battery Industry Forecast” looks at past sales and reviews total world Chemical Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Chemical Battery sales for 2025 through 2031. With Chemical Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chemical Battery industry.

This Insight Report provides a comprehensive analysis of the global Chemical Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chemical Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Chemical Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chemical Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chemical Battery.

This report presents a comprehensive overview, market shares, and growth opportunities of Chemical Battery market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Primary Battery
Secondary Battery
Fuel Cell
Lead-acid Battery

Segmentation by Application:
Consumer Electronics
Automobile
Industrial
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SolidEnergy Systems (SES)
Pellion
Sion Power
PolyPlus
Ion Storage Systems
QuantumScape
OXIS Energy
COLIBRI Energy
Changhong
Duracell
Energizer
EVE Energy
FDK
GP Batteries
Maxell
Mustang Battery
NANFU Battery
Johnson Controls
Exide Technologies
Hitachi Chemical Energy
Technology (CSB Battery)
GS Yuasa Corporate
Enersys

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chemical Battery market?

What factors are driving Chemical Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chemical Battery market opportunities vary by end market size?

How does Chemical Battery break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.