Recycled Lead Market 2020 Global Industry Analysis, Growth, Trends and Forecast to 2026

The report on global recycled lead market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2020-2026.

Lead has become one of the highest recycling commodities and is regarded as the most recycled metal. Lead recycling is making an essential contribution to sustainable development, reducing carbon emissions, energy-efficient recovery process and easing the pressure on non-renewable resources.

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Rise in the demand for motor vehicles and subsequent upsurge in the use of renewable energy source with the demand for storage batteries are likely to be witnessed in the ensuing period.

Regardless of the environmental challenges lead-acid batteries pose, they are expected to remain ahead of their competitors owing their cheap cost vis-à-vis the expensive cost of nickel cadmium and Lithium ion batteries.

Trends that can be witnessed in the next five years

With 85% of the total global consumption of lead meant for the production of lead-acid batteries, there are palpable trends that can be witnessed in recycled lead market. Use of these batteries for storage of energy generated by photovoltaic cells, motorized vehicles, and wind turbines will potentially be witnessed in the next five years.

Stakeholders envisage recyclable lead as an invaluable commodity that can lead to a profitable and viable business. Several countries, especially developing countries in APAC are expected to foray in the business of buying ULABs to recycle them for lead recovery.

Growth drivers

Use of lead acid sheet in the construction industry for roofing and as a radiation shield in the healthcare industry will add fillip to the growth of recycled lead market.

Increasing need to develop innate processes to recover lead from end-of-life lead acid batteries will also boost recycled lead market. Further, it is worth mentioning that noticeable use of recycled lead in lead acid batteries is likely to instill confidence among stakeholders.

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Opportunities for stakeholders

With lead-based battery technologies playing instrumental role in helping to achieve national and global energy policy through the reduction of fuel consumption and large scale energy storage for renewable energy source, there are opportunities galore for stakeholders.

As lead recycling saves energy and curbs carbon emissions given that they are more energy-efficient to recycle as compared to producing lead from mining, investment in recycled lead space is expected to surge rapidly.

Stakeholders are expected to eye North America and Europe to expand their penetration as these regions are said to have battery recycling rate close to 100%. Readily availability of lead with good security of supply has augured well for the industry growth outlook. Moreover, lead acid batteries are the most prevalently used rechargeable batteries in the industrial and automotive sector.

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