Lithium Primary Batteries Market Report 2026

The lithium primary batteries market size has grown strongly in recent years. It will grow from $12.55 billion in 2025 to $13.61 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to rise in consumer electronics usage, early adoption of lithium primary batteries in medical devices, increasing need for long shelf life power sources, growth in military and aerospace battery applications, rising demand for compact high energy batteries.

The lithium primary batteries market size is expected to see strong growth in the next few years. It will grow to $18.79 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increasing deployment of iot connected sensors, rising demand for high voltage primary batteries, growth in industrial automation requiring reliable power, increasing medical device adoption globally, rise in applications needing high temperature battery performance. Major trends in the forecast period include increasing demand for eco friendly and long shelf life battery solutions, rising use of smart connected devices requiring reliable primary batteries, advancement in automated manufacturing and material optimization, growing adoption of high performance batteries for robotics and mobility, increasing digital monitoring and quality control in battery production.

The growth of the lithium primary batteries market has been fueled by the increasing demand for consumer electronics. Non-rechargeable primary batteries, including dry batteries and button-type batteries, find common applications in consumer appliances such as TV remote controls, clocks, and toys. For example, in May 2023, the Japan Electronics and Information Technology Industries Association, a Japan-based trade organization, reported that consumer electronics production totaled $204.67 million (¥32,099 million) in May 2023, representing a 127% increase compared to the previous year. This surge in consumer electronics production is driving significant demand for lithium primary batteries, indicating positive revenue growth in the market.

Major companies in the lithium primary batteries market are focusing on developing extended-runtime batteries for professional floor-cleaning equipment to gain a competitive advantage. Enhancing the runtime of lithium primary batteries involves optimizing energy density and implementing efficient power management strategies. For example, in November 2023, RELiON Battery, a US-based manufacturer of lithium battery systems, introduced the RB36V40 36 V 40 Ah lithium battery for professional floor-cleaning equipment. This innovative battery, designed specifically for commercial floor-care machines, features a compact Group 31 footprint (13″ × 6.8″ × 8.4″), a built-in battery management system (BMS), an IP67 waterproof rating, an energy capacity of 1,536 Wh, parallel configuration options for increased capacity, fast-charging capability, and delivers approximately two to three times the runtime compared with equivalent lead-acid batteries.

In May 2025, Energizer Holdings Inc., a US-based provider of primary batteries, portable lighting products, and automotive care solutions, acquired Advanced Power Solutions NV for an undisclosed amount. This acquisition enables Energizer to expand its manufacturing footprint and strengthen its market presence across Europe by incorporating APS’s established production and distribution capabilities. Advanced Power Solutions NV is a Belgium-based manufacturer and marketer of AA and AAA Panasonic-branded batteries.

Major companies operating in the lithium primary batteries market are Saft Groupe S.A., Ultralife Corporation, Varta AG, Maxell, Ltd., Energizer Holdings, Inc., Duracell Inc., Renata SA, FDK Corporation, Toshiba Corporation, GP Batteries International Limited, Sunwoda Electronic Co., Ltd., Desay Battery Co., Ltd., China Electronics Corporation, Amara Raja Batteries Limited, Panasonic Holdings Corporation, Hitachi Maxell Energy, Ltd., EVE Energy Co., Ltd., Wuhan Lixing (Torch) Technology Co., Ltd., HCB Battery Co., Ltd., Shenzhen PKCELL Battery Co., Ltd.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the lithium primary batteries market by increasing costs for lithium metal, electrolytes, separators, and cathode materials, resulting in higher production expenses and supply chain constraints. Regions relying on imported raw materials, particularly Asia Pacific, North America, and Europe, experience pricing pressures and manufacturing delays. Segments such as Li/SOCl2, Li/MnO2, and Li/CFx batteries are most affected due to their dependence on specialized materials. However, tariffs are encouraging investment in regional material sourcing, localized battery manufacturing, and innovation in cost efficient lithium chemistries.

The lithium primary batteries market research report is one of a series of new reports that provides lithium primary batteries market statistics, including lithium primary batteries industry global market size, regional shares, competitors with a lithium primary batteries market share, detailed lithium primary batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium primary batteries industry. This lithium primary batteries 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.

Lithium primary batteries are characterized as disposable batteries, where the charge moves from the cathode to the anode during charging and from the anode to the cathode during discharge. Lithium batteries have a voltage range of 1.5 to 3.7 volts, more than twice that of typical alkaline or zinc-carbon batteries. Common applications for lithium batteries include use in clocks and cameras.

The primary types of lithium primary batteries include lithium/thionyl chloride batteries (Li/SOCl2), lithium/manganese dioxide batteries (Li/MnO2), and lithium/polycarbonate monofluoride batteries (Li/CFX). Lithium Manganese Oxide (LiMnO2) batteries use manganese as the cathode and lithium as the anode. The battery is designed as a spinel to enhance ion flow, incorporating lithium salt as an 'organic solvent' to facilitate current flow between the anode and the cathode. Lithium primary batteries come with different voltage ranges, classified as low (less than 4.5v), medium (4.6v to 12v), and high (13v and above), and they are available as both rechargeable and non-rechargeable. These batteries find applications in aerospace and defense, medical, industrial, and various other fields.Asia-Pacific was the largest region in the lithium primary batteries market in 2025. Western Europe is the second-largest region in the lithium primary batteries market share. The regions covered in the lithium primary batteries market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the lithium primary batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The lithium primary batteries market consists of sales of lithium/thionyl chloride battery (Li/SOCl2), lithium/manganese dioxide battery (Li/MnO2), lithium/polycarbon monofluoride battery (Li/CFX), and other lithium primary batteries. These batteries are used in clocks and cameras. 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.

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