Lead Market

Lead Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014-2020
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Report
Description
Report Description
Lead is a soft and malleable metal belonging to the carbon group. It is the heaviest nonradioactive element which occurs naturally on earth in the form of four isotopes: lead-208,
207, 206, and 204. It is generally found in ores with copper, silver and zinc and is extracted
together with these metals. Lead compounds exist in two main oxidation states: +4 and +2. It
is widely used in construction activities, production of weights, lead-acid batteries, and as a
radiation shield. Conventional lead-acid batteries have a significant history in providing
energy storage for a wide range of end-use applications, in mobile as well as stationary
applications.
The global market for lead has been witnessing noticeable growth on account of growing
lead-acid battery consumption. In addition, the global demand is estimated to be significant
in the coming years as capacity expansions and new operations boost supply at a faster rate
than demand.
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According to government sources of various developed and developing economies, their
nationwide demand for energy is expected to be doubled within the next decade. Owing to
this, various countries such as China and India have started making huge investments in
smart grid technology in order to meet the huge demand for power. Potential investments in
smart grid technology has 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. Lead-acid battery exports and production have strongly recovered in China after
the wide-ranging environmentally motivated cutbacks in 2011. In addition, increasing
Report
Description
Report Description
adoption of advanced vehicle technologies such as stop-start & hybrid vehicles and
renewable energy generation is contributing towards the innovation in lead-based battery
segment. Lead-acid batteries based on modern technologies have also been gaining
significant importance in applications where batteries are considered extremely vital for
their mechanism, as well as in new applications such as grid storage for renewable energy
generation.
Growth of the building construction industry is anticipated to be one of the major factors
driving the demand for lead over the next few years. Lead is widely used in the construction
industry as architectural metals for roofing materials, gutters and gutter joints, and on roof
parapets. Moreover, increasing demand for lead-acid batteries for automotive application on
account of rising automobile industry is expected to contribute to the growth of the market.
However, growing health concerns regarding the use of lead paints is expected to slow down
the growth of the market. North America was the largest consumer for lead owing to its vast
construction and automobile industry. The demand in Europe is expected to rise moderately
on account of declining automobile sales. However, future market growth is expected to be
from Asia Pacific on account of rising demand for energy in smart grid technology which
includes electrical vehicles operated on lead batteries. This factor is further expected to
provide new opportunities for the growth of the market. Development of absorbed glass mat
(AGM) lead acid batteries on account of their favorable characteristic of being maintenancefree are also expected to provide growth opportunities for the lead market.
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Report
Description
Report Description
Canada Metal, EAST PENN Manufacturing Co. Inc., EnerSys IncGlobal Metals, Gravita metals,
Johnson Control Inc., and M.A. Metal Corporation are some of the lead manufacturers present
in the industry.
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