Global Recycled Lead Market, By Product Type (Soft/Pure Lead, Lead Alloys, Lead Oxides), Application (Lead Acid Batteries, Pigments and Other Compound, Radiation Shielding, Rolls and Extruded Products, Others), End User (Energy, Transportation, Data Centers, Electronics, Construction, Healthcare) – Industry Trends and Forecast to 2029.
Recycled Lead Market Analysis and Size
Lead is generally one of the leading recycled materials in terms of recovery rate. It is often remolded substantially to get rid of impurities. According to the International Lead Association, approximately 50% of the global lead demand is from recycled lead. It is generally due to its cost-efficient nature and simple production of recycled lead. The lowering number of lead mining due to the increasing regulation of lead mining and depleting lead ore are likely to boost the market growth.
Data Bridge Market Research analyses that the recycled lead market was valued at USD 16.53 billion in 2021 and is expected to reach USD 20.78 billion by 2029, registering a CAGR of 2.90% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Recycled Lead Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Soft/Pure Lead, Lead Alloys, Lead Oxides), Application (Lead Acid Batteries, Pigments and Other Compound, Radiation Shielding, Rolls and Extruded Products, Others), End User (Energy, Transportation, Data Centers, Electronics, Construction, Healthcare)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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EXIDE INDUSTRIES LTD. (India), EnerSys (U.S.), Aqua Metals, Inc (U.S.), Ecobat (U.S.), Canada Metal North America Ltd, (Canada), Gravita India Ltd (India), The Doe Run Company (U.S.), Mayco Industries (U.S.), KOREAZINC (South Korea), Yuguang Gold Lead Co., Ltd. (China), Recylex (France)
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Market Opportunities
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Market Definition
Recycled lead is also generally known as secondary lead which is extracted from components containing lead such as cable sheathings, lead acid batteries, lead sheet boards, pipes, and plumbing articles and others. Lead has the highest recycling rates globally which is better than common recyclable products such as paper and cardboard, glass, newspaper, rigid plastics/bottles and others.
Global Recycled Lead Market Dynamics
Drivers
- Rising demand of recycled lead due to exceptional properties
The lead is well-known due its exceptional properties such as corrosion resistance, soft texture and excellent flexibility. With all these outstanding properties, recycled lead market has decent size to weight ratio, making it fitting for several industrial applications such as paints and coatings, petroleum, construction, and electronics. Thus, the growing demand of recycled lead in several industries due to its exceptional properties will boost the growth of the market during the forecast period.
- Increasing demand of electric vehicle
The rising investment in electric vehicle market due to the high demand of two-wheelers in developing nations has led to adoption of two-wheeler lead acid batteries in forecast period. For Instance: According to Avenue Capitals, In India, electric vehicle (EV) market is expected to be Rs 50,000 crore (US$ 7.09 billion) opportunity by 2025 for two- and three-wheeler. The rising preference for electric vehicles is anticipated to drive the growth of the recycled lead market during forecast period of 2022-2029.
Furthermore, lead recycling reduces the ejection of cause the environment and reserve natural resources. The lead battery is an unsafe waste and its disposal poses both environmental and health threats so the usage of recycled lead within the production of new products is very efficient, thus up lifting the growth of the target market.
Opportunities
- Growing demand of lead batteries
The rising demand for batteries pushes manufacturers to increase their production capacity and integrate across the value chain. For instance, Henan Yuguang Gold & Lead Co., Ltd declared its strategy for setting up a lead-acid battery as a part of downstream expansion, in October 2019. Also, Balance of Storage Systems announced that they are expanding its hybrid lead and lithium battery units to extent 20,000, in July 2018. Such expansions indicate the rising demand for batteries. The growing demand of lithium batteries is likely to generate immense opportunities for the growth of the recycled lead market.
Furthermore, the growing recycling rate of lead acid batteries, increasing demand for uninterrupted power supply and increasing energy storage application across telecom industry and data centers are some major factors which will further create immense opportunities for the growth of the recycled lead market in upcoming period..
Restraints/ Challenges
- Disadvantages associated with the recycled lead
The lead wastes are polluting the environment and also affecting the health of the workers who are working in close proximity to the facility. This is expected to hinder the growth of the recycled lead market growth. Also, the major factor such as facing major health issues and even death due to lack of regulation and insufficient pollution control facilities will hamper the market growth during the forecast period of 2022-2029.
This recycled lead market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the recycled lead market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Recycled Lead Market
The automotive sector showed sharp declines in the production and sales of recycled lead due to the outbreak of COVID-19 pandemic. Governments imposed global lockdowns to curb the widespread pandemic, and several manufacturers had to suspend operations temporarily. It has also led to long lead times and decreased recycled lead production rate, even after the complete lifting of pandemic-related restrictions. On the other hand, This pandemic will have a negligible impact on the medium to long-term growth of the recycled lead market due to the demand of electric vehicles and luxury vehicles, especially in emerging markets,
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Recycled Lead Market Scope
The recycled lead market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Soft/Pure Lead
- Lead Alloys
- Lead Oxides
Application
- Lead Acid Batteries
- Pigments and Other Compound
- Radiation Shielding
- Rolls and Extruded Products
- Others
End User
- Energy
- Transportation
- Data Centers
- Electronics
- Construction
- Healthcare
Recycled Lead Market Regional Analysis/Insights
The recycled lead market is analysed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the recycled lead market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
Asia-Pacific dominates the recycled lead market during the forecast period. This is due to the China, which is the largest consumer and producer of recycled lead in the globe. The country is putting more emphasis on growing its secondary manufacture due to the environmental issues which are restricting new capacity releases for lead concentrates in this region.
Middle East and Africa is anticipated to be the fastest developing regions during the forecast period of 2022-2029 due to the rapidly increasing production of batteries in Africa. However, the growing production is giving upsurge to serious lead poisoning problems in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Recycled Lead Market Share Analysis
The recycled lead market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to recycled lead market.
Some of the major players operating in the recycled lead market are:
- EXIDE INDUSTRIES LTD. (India)
- EnerSys (U.S.)
- Aqua Metals, Inc (U.S.)
- Ecobat (U.S.)
- Canada Metal North America Ltd, (Canada)
- Gravita India Ltd (India)
- The Doe Run Company (U.S.)
- Mayco Industries (U.S.)
- KOREAZINC (South Korea)
- Yuguang Gold Lead Co., Ltd. (China)
- Recylex (France)
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