Overview and Scope
Recycled lead refers to lead that has been recovered and processed from various sources, such as used lead-acid batteries, industrial scrap, and other lead-containing materials. Recycling involves collecting lead materials, separating the lead from other components, and purifying it to remove impurities.
Sizing and Forecast
The recycled lead market size has grown steadily in recent years. It will grow from $16.95 billion in 2023 to $17.39 billion in 2024 at a compound annual growth rate (CAGR) of 2.6%. The growth in the historic period can be attributed to increased demand for lead-acid batteries, closed-loop recycling systems, rise in scrap lead availability, lead prices and economic factors, government incentives for recycling..
The recycled lead market size is expected to see steady growth in the next few years. It will grow to $19.55 billion in 2028 at a compound annual growth rate (CAGR) of 3.0%. The growth in the forecast period can be attributed to transition to electric vehicles, circular economy initiatives, stricter e-waste regulations, infrastructure development projects, shift towards sustainable manufacturing. Major trends in the forecast period include advancements in lead battery recycling, technological solutions for lead recovery, collaborations and partnerships, lead pollution reduction targets.
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Segmentation & Regional Insights
The recycled lead market covered in this report is segmented –
1) By Product Type: Soft Or Pure Lead, Lead Alloys, Lead Oxides
2) By Application: Lead Acid Batteries, Pigments And Other Compound, Radiation Shielding, Rolls And Extruded Products, Other Applications
3) By Industry: Energy, Transportation, Data Centers, Electronics, Construction, Healthcare, Other Industries
Asia-Pacific was the largest region in the recycled lead market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the recycled lead market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing demand for electric vehicles is expected to propel the growth of the recycled lead market going forward. An electric vehicle (EV) is powered by one or more electric motors using electrical energy stored in rechargeable batteries or another energy storage device. Recycled lead batteries in electric vehicles help reduce environmental impact by minimizing the use of raw materials, conserving energy, and preventing the improper disposal of hazardous waste. For instance, in September 2022, according to the International Energy Agency, a Paris-based autonomous intergovernmental organization, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million units sales compared to 2020, bringing the total number of electric cars on the road to 16.5 million. Therefore, the growing demand for electric vehicles drives the recycled lead market.
Key Industry Players
Major companies operating in the recycled lead market report are Glencore PLC, Johnson Controls International PLC, Teck Resources Limited, Korea Zinc Company Ltd., Boliden AB, Clarios LLC, Yuguang Gold Lead Co. Ltd., EnerSys Delaware Inc., East Penn Manufacturing Company Inc., Exide Industries Limited, The Doe Run Resources Corporation, Terrapure Environmental Ltd., Gravita India Ltd., Gopher Resource LLC, RSR Corporation, Recylex S.A., Eco-Bat Technologies Ltd., Cohen Recycling, Metalex Products Ltd., Sirmet SAS, Azor Ambiental S.A., Engitec Technologies S.p.A, Mayco Industries Inc., C & M Metals Inc., ACE Green Recycling Inc., Mayer Alloys Corporation, Aqua Metals Inc., STC S.r.l., Recieder S.L., Termar S.r.l.
The recycled lead market report table of contents includes:
1. Executive Summary
2. Recycled Lead Market Characteristics
3. Recycled Lead Market Trends And Strategies
4. Recycled Lead Market – Macro Economic Scenario
5. Global Recycled Lead Market Size and Growth
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31. Recycled Lead Market Other Major And Innovative Companies
32. Global Recycled Lead Market Competitive Benchmarking
33. Global Recycled Lead Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Recycled Lead Market
35. Recycled Lead Market Future Outlook and Potential Analysis
36.Appendix
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