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Lead Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014
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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: lead208, 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, leadacid 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.
Report
Description
Report Description
Lead-acid battery exports and production have strongly recovered in China after the
wide-ranging environmentally motivated cutbacks in 2011. In addition, increasing
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.
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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.
Report
Description
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Development of 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.
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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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