Global Recycled Lead Market Overview 2024, Forecast To 2033
8 Mar, 2024
The recycled lead market has seen steady growth, reaching $16.95 billion in 2023 and projected to reach $17.39 billion in 2024, with a CAGR of 2.6%. This growth is fueled by increased demand for lead-acid batteries and government incentives for recycling. Looking ahead, the market is expected to grow to $19.55 billion in 2028, with a CAGR of 3.0%, driven by the transition to electric vehicles and stricter e-waste regulations.
Global Recycled Lead Market Key Driver
The recycled lead market is expected to grow in tandem with the rising demand for electric vehicles. As electric vehicle sales soar, recycled lead batteries play a crucial role in minimizing environmental impact and conserving energy. With significant increases in electric vehicle sales reported by organizations like the International Energy Agency, the recycled lead market is poised for substantial growth driven by the automotive industry's shift towards sustainability.
Get A Free Sample Of The Global Recycled Lead Market ReportGlobal Recycled Lead Market Segments
The recycled lead market covered in this report is segmented –
1) Product Type:Soft Or Pure Lead, Lead Alloys, Lead Oxides
2) Application:Lead Acid Batteries, Pigments And Other Compound, Radiation Shielding, Rolls And Extruded Products, Other Applications
3) Industry:Energy, Transportation, Data Centers, Electronics, Construction, Healthcare, Other Industries
By Geography: The countries covered in the recycled lead market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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.
Major Recycled Lead Industry Players
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.
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Recycled Lead Market Overview
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.