Over the course of the forecast period, the lead market is anticipated to expand at a CAGR of more than 5%. Due to rising lead-acid battery demand, the global market for lead has been expanding noticeably. Additionally, it is anticipated that there will be a sizable increase in worldwide demand in the upcoming years due to capacity increases and new operations that will increase supply more quickly than demand. 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 applications 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 are expected to slow down the growth of the market. Impact of COVID-19 on Lead Market The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry. The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Lead market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic. Important Questions Answered in the Lead Market Report 1. 2. 3. 4. 5.
How will the Lead market expand through 2032? Which region is the most lucrative in the Lead market? What are the recent technological developments in the Lead market? What are key challenges and competition threats faced by Lead market players? Who are prominent players leading the Lead market?
Lead Market: Key Segmentation By Isotope
Lead-204 Lead-207 Lead-208 Lead-206
By Application