Kings Research today announced the release of its latest market intelligence study, “Global Zinc Battery Market: Size, Share, Trends & Forecast 2025–2032.” The report provides an in-depth analysis of market size, growth drivers, technological trends, regional outlook, and competitive dynamics.
According to Kings Research, the global zinc battery market was valued at USD 974.7 million in 2024 and is projected to reach USD 2,728.6 million by 2032, expanding at a CAGR of 13.53% during the forecast period. Market growth is being propelled by rising demand for safe, cost-effective, and environmentally friendly energy storage systems, driven by renewable energy integration, innovations in battery chemistry, and large-scale deployment in utility and commercial sectors.
Zinc batteries, including zinc-air, zinc-carbon, and zinc-nickel chemistries, are increasingly adopted for applications in healthcare, data centers, electric vehicles, and grid storage due to their safety, recyclability, and long-duration energy storage capabilities.
Kings Research identifies the following drivers for the zinc battery market
- Rising Integration of Renewable Energy: Zinc batteries provide long-duration storage for intermittent solar and wind energy, supporting grid stability and off-grid applications. In September 2024, Swedish company Enerpoly inaugurated the world’s first zinc-ion battery megafactory in Stockholm with a projected annual capacity of 100 MWh by 2026.
- Cost-Effectiveness Compared to Lithium-ion: Zinc is abundant and inexpensive, enabling lower production costs for large-scale energy storage. Utilities and energy storage providers are increasingly adopting zinc-based systems to meet carbon reduction targets.
- Innovations in Battery Chemistry and Design: Advances in zinc-air, nickel-zinc, and zinc-manganese technologies are improving energy density, lifespan, and rechargeability. In October 2024, researchers at the Technical University of Munich introduced a porous organic polymer protective layer for zinc anodes, significantly extending battery life cycles (Source: tum.de).
- Safety and Environmental Benefits: Zinc batteries reduce fire risks and eliminate the use of hazardous materials such as cobalt and lead. Governments and regulatory bodies encourage safer alternatives to lithium-ion, supporting wider adoption.
B2B leaders in utilities, healthcare, data centers, and industrial sectors can benefit from zinc batteries through
- Long-Duration Storage: Ideal for intraday load balancing, renewable integration, and backup power solutions.
- Sustainability and Safety: Reduced fire hazards, recyclable materials, and lower environmental impact.
- Cost-Efficiency: Lower raw material costs and long operational lifespans improve return on investment for large-scale applications.
Regional Outlook
- Asia Pacific: Held 35.03% market share in 2024 (USD 341.4 million) due to strong manufacturing ecosystem, local zinc supply and growing demand for large scale energy storage solutions.
- North America: Poised for robust growth at a CAGR of 13.55% over the forecast period, driven by utilities seeking safe, long-duration storage for grid stability and federal/state targets for intraday energy storage.
- Europe: Growth supported by renewable energy mandates, regulatory incentives, and technological innovation in nickel-zinc and zinc-air systems for industrial and utility applications.
Competitive Landscape
The global zinc battery market is moderately fragmented, with companies focusing on proprietary chemistries, R&D, and long-duration storage solutions. Key players include Eos Energy Enterprises, ABOUND, Primus Power, Urban Electric Power, Phinergy, EnZinc, and Nexa.
The full Kings Research report provides detailed segmentation by product, type, application, and region, along with competitive benchmarking and industry forecasts. To request a sample report or access the complete study, visit https://www.kingsresearch.com/zinc-battery-market-2166.
About Kings Research
Kings Research is a global provider of syndicated research reports and consulting services, enabling organizations to navigate emerging markets, assess opportunities, and make informed strategic decisions.
All market data are sourced from Kings Research proprietary analysis, validated against credible sources and industry publications. Key references include the U.S. Consumer Product Safety Commission (www.cpsc.gov), the European Union Battery Directive (ec.europa.eu/environment/waste/batteries), and China’s GB standards (www.gbstandards.org.cn).