Press release
The global lead market is expected to showcase a significant cagr of 6.8% during the forecasted period 2018-2027 and top key players are enersys incglobal metals,gravita metals,johnson control inc.,m.a. Metal,mmg,glencore,south32,vedanta resources
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.
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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.
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
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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.
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.
Key players
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
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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