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Lead Market

Segmentation By Isotopes (Lead-204, Lead-207, Lead-208, Lead-206); By End Users (Mechanical Industry, Construction Industry, Defense, Electronics and Other); By Application (Batteries, Cable sheaths, Shipbuilding, Light industry and Other); By Geography Growth Drivers, Key Players - Global Demand Analysis & Opportunity Outlook 2027

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Report ID: 1136 | Published On: Feb 07, 2023
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Market Segmentation

Our in-depth analysis segmented the global Lead market in the following segments:

By Isotope

  • Lead-204
  • Lead-207
  • Lead-208
  • Lead-206

By End Users

  • Mechanical Industry
  • Construction Industry
  • Defense
  • Electronics
  • Other

By Application

  • Batteries
  • Cable sheaths
  • Shipbuilding
  • Light industry
  • Other

By Region

Global Lead market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.

lead market Graph

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lead market Graph
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Market Size and Forecast

The global Lead market is expected to showcase a significant CAGR of 6.8% during the forecasted period 2018-2027. Additionally, the global lead market is thriving on the back of building construction industry. Further, rising demand for lead-acid batteries for automotive application on account of increasing automobile industry is expected to showcase a steady growth of the market.   

The global Lead market is segmented into product type, end users, and geography. In terms of regional platform, North America Lead market is projected to lead the growth of overall global Lead market over the forecast period. Factors such as, high awareness amongst the population regarding benefits of using lead batteries in advanced vehicles such as stop-start & hybrid vehicles and renewable energy generation is anticipated to encourage the demand for lead market in upcoming years. Additionally, U.S. is expected to contribute significantly in the growth of Lead market in North America region during the predicted period. Moreover, Europe Lead market captured significant share of global Lead market in previous years. Better advancement in technology and rising disposable income are key factors which are driving the growth of Lead market in Europe region. However, Asia Pacific Lead market is expected to rise at maximum CAGR over the forecast period i.e. 2017-2027. The market of Lead in Asia Pacific is expected to be driven by rapid urbanization and growing demand renewable batteries in Asia countries such as India & China over the forecast period.


Growth Drivers and Challenges

The global Lead market is primarily driven by the growth of building construction industry. This growing usage of lead products for architectural metals for roofing materials, gutters & gutter joints and on roof parapets. Moreover, rising demand for lead-acid batteries for automotive application is a major factor which is expanding the market size of Lead across all regions. Expansion in absorbed glass mat (AGM) lead acid batteries on account of their favorable characteristic of being maintenance-free are also expected to provide growth opportunities for the lead market.

Additionally, government of various regions are investing potentially in smart grid technology that further lead to the growth of lead-acid batteries which are used in electrical vehicles (EV) which serve as one of the major component in the smart grid technology. In contrast, production of high quality Lead is costlier along with strict testing procedure which may dampen the growth of Lead market globally. Additionally, rising competition from the lithium-ion battery in many other lead batteries is challenging for market growth.


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Top Featured Companies Dominating The Market

    • Canada Metal
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
    • EAST PENN Manufacturing Co. Inc.
    • EnerSys IncGlobal Metals
    • Gravita metals
    • Johnson Control Inc.
    • M.A. Metal
    • MMG
    • Glencore
    • South32
    • Vedanta Resources

In The News

  • April 2022: IBSRELA the first and only NHE3 inhibitor for the treatment of irritable bowel syndrome with constipation (IBS-C) in adults, has been made available by the biopharmaceutical company Ardelyx. The first Ardelyx product to receive approval from the US Food and Drug Administration is IBSRELA.
  • March 2022: Indegene a provider of technology-driven healthcare solutions, & meta Me Health, a maker of Regulora and a Prescription Digital Therapeutics (PDT) business, teamed up to offer Regulora as a remedy for irritable bowel syndrome-related stomach pain (IBS).

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

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