+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Lead Mining Market Report and Forecast 2024-2032

  • PDF Icon

    Report

  • 192 Pages
  • June 2024
  • Region: Global
  • Expert Market Research
  • ID: 5982141

Market Outlook

According to this report, the global lead mining market size reached a value of USD 9.66 billion in 2023. Aided by the ongoing research and development in battery technology, including lead-acid batteries, the market is projected to further grow at a CAGR of 2.5% between 2024 and 2032 to reach a value of USD 12.08 billion by 2032.

Lead, a heavy metal with high density and malleability, is extensively used in the production of batteries, particularly lead-acid batteries, which are widely used in automobiles, backup power systems, and industrial applications. Its excellent corrosion resistance and shielding properties also make it a valuable material in the construction, radiation shielding, and cable sheathing industries. The robust demand for these applications is driving the global market growth.

The automotive industry plays a pivotal role in the impacting the lead mining market share. The rising production and sales of vehicles globally are significantly propelling the demand for lead-acid batteries, which are essential for starting, lighting, and ignition (SLI) functions in automobiles. Additionally, the increasing adoption of electric vehicles (EVs) is further augmenting the market growth, as lead-acid batteries are commonly used in EVs for auxiliary power and energy storage systems.

Apart from the automotive sector, the construction industry is another major driver of the market. Lead is widely used in the construction of roofs, cladding, and radiation shielding due to its durability, malleability, and excellent resistance to corrosion. The rising infrastructure development and construction activities, particularly in emerging economies, are bolstering the demand for lead, thereby driving the lead mining market growth.

The expanding applications of lead in the healthcare industry also play a significant role in propelling the market. Lead is used in radiation shielding for medical imaging devices, such as X-ray and CT scan machines, to protect patients and healthcare professionals from harmful radiation. The growing healthcare infrastructure and the increasing demand for advanced medical imaging technologies are contributing to the lead mining market development.

Furthermore, the electronics industry is another significant contributor to the lead mining market. Lead is used in the production of solder, which is essential for assembling electronic components. The rising demand for consumer electronics, driven by technological advancements and increasing disposable incomes, is propelling the demand for lead-based solder, thereby boosting the market.

The market is also benefiting from the increasing focus on recycling and sustainability. The recycling of lead from used batteries and other lead-containing products is gaining traction as an environmentally friendly and cost-effective alternative to primary lead production. The growing emphasis on reducing environmental impact and conserving natural resources is driving the demand for recycled lead, further augmenting the market growth.

As per the global lead mining market analysis, the robust growth of the automotive industry, particularly in emerging economies, is a significant driver of the market. The rising production and sales of vehicles are propelling the demand for lead-acid batteries, essential for various automotive functions. Additionally, the increasing adoption of electric vehicles is further augmenting the market growth, as lead-acid batteries are used for auxiliary power and energy storage in EVs. The construction industry's expansion is contributing to the lead mining market growth. Lead's properties of durability, malleability, and corrosion resistance make it a valuable material in construction applications, such as roofing, cladding, and radiation shielding. The rising infrastructure development and construction activities, particularly in emerging economies, are driving the demand for lead.

The healthcare industry's expansion is another key driver of the lead mining market. Lead is used in radiation shielding for medical imaging devices to protect against harmful radiation. The growing healthcare infrastructure and the increasing demand for advanced medical imaging technologies are contributing to the lead mining market growth. The electronics industry's growth is driving the lead mining market, as lead is used in the production of solder for assembling electronic components. The rising demand for consumer electronics, driven by technological advancements and increasing disposable incomes, is propelling the demand for lead-based solder, thereby boosting the lead mining market.

Market Segmentation

The market can be divided based on production, application and region.

Market Breakup by Component

  • Primary
  • Secondary

Market Breakup by Application

  • Automotive
  • Electronics
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global lead mining market. Some of the major players explored in the report are as follows:
  • Glencore PLC
  • Teck Resources Limited.
  • Henan Yuguang Gold and Lead Group Co., Ltd.
  • Hecla Mining Company
  • Korea Zinc Company, Ltd.
  • The Doe Run Resources Corporation
  • Boliden Group
  • Vedanta Ltd.
  • Industrias Penoles SAB de CV
  • South32 Limited
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Lead Mining Market Analysis
8.1 Key Industry Highlights
8.2 Global Lead Mining Historical Market (2018-2023)
8.3 Global Lead Mining Market Forecast (2024-2032)
8.4 Global Lead Mining Market by Production
8.4.1 Primary
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Secondary
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Lead Mining Market by Application
8.5.1 Automotive
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Electronics
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Lead Mining Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Lead Mining Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Lead Mining Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Lead Mining Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Lead Mining Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Lead Mining Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Glencore PLC
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Teck Resources Limited.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Henan Yuguang Gold and Lead Group Co., Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Hecla Mining Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Korea Zinc Company, Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 The Doe Run Resources Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Boliden Group
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Vedanta Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Industrias Penoles SAB de CV
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 South32 Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Lead Mining Market: Key Industry Highlights, 2018 and 2032
2. Global Lead Mining Historical Market: Breakup by Production (USD Billion), 2018-2023
3. Global Lead Mining Market Forecast: Breakup by Production (USD Billion), 2024-2032
4. Global Lead Mining Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Lead Mining Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Lead Mining Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Lead Mining Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Lead Mining Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Lead Mining Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Lead Mining Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Lead Mining Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Lead Mining Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Lead Mining Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Lead Mining Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Lead Mining Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Lead Mining Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Lead Mining Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Major Exporting Countries by Value
19. Major Importing Countries by Value
20. Major Exporting Countries by Volume
21. Major Importing Countries by Volume
22. Global Lead Mining Market Structure

Companies Mentioned

  • Glencore PLC
  • Teck Resources Limited.
  • Henan Yuguang Gold and Lead Group Co., Ltd.
  • Hecla Mining Company
  • Korea Zinc Company, Ltd.
  • The Doe Run Resources Corporation
  • Boliden Group
  • Vedanta Ltd.
  • Industrias Penoles SAB de CV
  • South32 Limited

Methodology

Loading
LOADING...

Table Information