The lead market size is expected to see strong growth in the next few years. It will grow to $28.63 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to battery technologies, renewable energy storage, construction and infrastructure growth, electric vehicles (EVs) and transportation, global economic recovery. Major trends in the forecast period include growing demand for lead in construction, lead in cable sheathing and wiring, market expansion in developing regions, lead-based stabilizers in PVC production, lead in specialty alloys for military and aerospace.
The growth of the lead market is driven by an increase in automotive and construction projects in rapidly developing countries like China and India, attributed to rising populations and infrastructure needs. Population refers to the total number of people or inhabitants in a specific country or region. The chemical properties of lead enable its use in power storage and delivery applications. For instance, in March 2024, the United States Census Bureau, a principal agency of the Federal Statistical System, reported that approximately 60% (1,876) of U.S. counties experienced population growth from 2022 to 2023, an increase from 52% (1,649 counties) the previous year, with an average growth rate of 0.29% compared to 0.17% from 2021 to 2022 across the 3,144 counties. Thus, the rising population is driving the growth of the lead market.
The growing demand for consumer electronics is expected to boost the growth of the lead market in the future. Consumer electronics encompass electronic devices and gadgets designed for everyday use by individuals, primarily for personal, entertainment, communication, and productivity purposes. Lead-based solder is commonly used in assembling electronic components due to its low melting point, shielding properties, and high ductility and malleability, making it suitable for a variety of applications in electronics. For instance, in December 2022, GFU Consumer & Home Electronics GmbH, a Germany-based electronics provider, reported sales of electronics products totaling $36.56 billion (Euro 33.7) from January to September 2022. Therefore, the increasing demand for consumer electronics is propelling the growth of the lead market.
The implementation of the Internet of Things (IoT) in the lead industry is a notable trend, enhancing decision-making capabilities and reducing production costs. IoT enables real-time data collection through sensors, analysis of data, communication among equipment, identification of faulty equipment, and extraction of valuable insights from generated data, showcasing significant advancements in the lead market.
Major companies in the lead market are innovating by developing new products such as digital traceability solutions to gain a competitive edge. Digital traceability solutions involve technological systems and tools facilitating the tracking and recording of various activities using digital methods. In November 2023, Anglo American PLC, a UK-based mining company, introduced Valutrax to provide consumers with increased confidence regarding the origin of purchased goods. Utilizing blockchain technology for secure digital data storage, Valutrax offers a customized selection of essential data, simplifying the tracking of metals and minerals from source to customer by providing a centralized point of access for crucial product information.
Major companies operating in the lead market include Glencore International plc, China Minmetals Corporation, BHP Group plc, Mitsui Mining & Smelting Co. Ltd., Anglo American plc, Vedanta Resources plc, Nyrstar NV, Grupo Mexico S.A.B. de C.V., Teck Resources Ltd., Sumitomo Metal Mining Co. Ltd., Southern Copper Corporation, Korea Zinc Co. Ltd., First Quantum Minerals Ltd., Hindustan Zinc Ltd., MMG Limited, Yuguang Gold and Lead Co. Ltd., Votorantim Metais Ltda., Henan Yuguang Zinc Industry Co. Ltd., Hudbay Minerals Inc., Doe Run Resources Corp., Huludao Zinc Industry Group Co. Ltd., Trevali Mining Corporation, Silvercorp Metals Inc., Belmont Metals Inc., Uchalinsk Mining and Processing Complex JSC, Mehdiabad Zinc Project.
Asia-Pacific was the largest region in the lead market in 2024. The regions covered in the lead market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the lead market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The Lead market includes revenues earned by entities by getting used in car batteries, pigments, ammunition, cable sheathing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Lead extraction involves the process of extracting lead ore from underground mines. Lead is often found in mixtures with other metals, such as zinc and silver. Symbolized as Pb on the periodic table, lead is a metallic element. While lead can exist in nature in a free form, it is most commonly derived from ores such as galena (PbS), anglesite (PbSO4), cerussite (PbCO3), and minum (Pb3O4).
The primary types of lead use are categorized as automotive, electronics, and other applications. In the context of this classification, automotive pertains to the design, operation, manufacture, or sale of automobiles. Lead production is further classified as primary and secondary. The mining methods for lead extraction encompass both underground mining and surface mining.
The lead market research report is one of a series of new reports that provides lead market statistics, including lead global industry, regional shares, competitors with a lead market share, detailed lead market segments, market trends and opportunities, and any further data you may need to thrive in the lead industry. This lead global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Lead Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on lead market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for lead? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The lead market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Automotive; Electronics; and Other Types2) By Mining Type: Underground Mining; Surface Mining
Subsegments:
1) By Automotive: Lead-Acid Batteries; Lead Alloys; Lead Solder; Other Automotive Components2) By Electronics: Lead Soldering Materials; Lead-Based Semiconductors; Lead-Acid Batteries For Electronics; Other Electronic Components
3) By Other Types: Lead-Based Pigments; Radiation Shielding Materials; Lead Pipes and Fittings; Lead Glass and Crystal Products; Other Industrial Applications
Key Companies Mentioned: Glencore International plc; China Minmetals Corporation; BHP Group plc; Mitsui Mining & Smelting Co. Ltd.; Anglo American plc
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Glencore International plc
- China Minmetals Corporation
- BHP Group plc
- Mitsui Mining & Smelting Co. Ltd.
- Anglo American plc
- Vedanta Resources plc
- Nyrstar NV
- Grupo Mexico S.A.B. de C.V.
- Teck Resources Ltd.
- Sumitomo Metal Mining Co. Ltd.
- Southern Copper Corporation
- Korea Zinc Co. Ltd.
- First Quantum Minerals Ltd.
- Hindustan Zinc Ltd.
- MMG Limited
- Yuguang Gold and Lead Co. Ltd.
- Votorantim Metais Ltda.
- Henan Yuguang Zinc Industry Co. Ltd.
- Hudbay Minerals Inc.
- Doe Run Resources Corp.
- Huludao Zinc Industry Group Co. Ltd.
- Trevali Mining Corporation
- Silvercorp Metals Inc.
- Belmont Metals Inc.
- Uchalinsk Mining and Processing Complex JSC
- Mehdiabad Zinc Project
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 21.38 Billion |
Forecasted Market Value ( USD | $ 28.63 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |