Title: Recycled Lead Market Growth Analysis & Trends | Global Industry Report, 2020-2026
1 Recycled Lead Market Report 2020 Regional
Analysis Growth Forecast to 2026
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2Global Market Scenario of Recycled Lead Industry
- In the latest research report by Global Market
Insights, Inc., recycled lead market size is
projected to surpass 19 bn by 2026. - Lead has become one of the highest recycling
commodities and is regarded as the most recycled
metal. Lead recycling is making an essential
contribution to sustainable development, reducing
carbon emissions, energy-efficient recovery
process and easing the pressure on non-renewable
resources. - Rise in the demand for motor vehicles and
subsequent upsurge in the use of renewable energy
source with the demand for storage batteries are
likely to be witnessed in the ensuing period. - Regardless of the environmental challenges
lead-acid batteries pose, they are expected to
remain ahead of their competitors owing their
cheap cost vis-à-vis the expensive cost of nickel
cadmium and Lithium ion batteries.
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- With 85 of the total global consumption of lead
meant for the production of lead-acid batteries,
there are palpable trends that can be witnessed
in recycled lead market. Use of these batteries
for storage of energy generated by photovoltaic
cells, motorized vehicles, and wind turbines will
potentially be witnessed in the next five years. - Stakeholders envisage recyclable lead as an
invaluable commodity that can lead to a
profitable and viable business. Several
countries, especially developing countries in
APAC are expected to foray in the business of
buying ULABs to recycle them for lead recovery. - Use of lead acid sheet in the construction
industry for roofing and as a radiation shield in
the healthcare industry will add fillip to the
growth of recycled lead industry. - Increasing need to develop innate processes to
recover lead from end-of-life lead acid batteries
will also boost recycled lead industry. Further,
it is worth mentioning that noticeable use of
recycled lead in lead acid batteries is likely to
instill confidence among stakeholders.
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5360 Industry Analysis
- Stakeholders are expected to eye North America
and Europe to expand their penetration as these
regions are said to have battery recycling rate
close to 100. Readily availability of lead with
good security of supply has augured well for the
industry growth outlook. Moreover, lead acid
batteries are the most prevalently used
rechargeable batteries in the industrial and
automotive sector. - Some critics have emphasized improper recycling
process in emerging economies that emits
significant amounts of lead particles and fumes,
with both human health and environment suffering
negative effects. - Even though lithium ion batteries may pose subtle
challenge to recycled lead batteries, traction
for the latter is likely to make headway in the
future course of time. Recycled lead will
continue to be an invaluable commodity for
end-users in APAC, North America and Europe. -
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6- Competitive Analysis
- Prominent players contributing towards the global
industry share are Recylex S.A, Exide batteries,
Aqua Metals, Inc., ENERSYS, ECOBAT technologies.,
Canada Metal North America Ltd, The Doe Run
Company, Gravitas Group, Mayco Industries,
Tianjin Dongbang Lead Resources Recycling Co.,
Ltd., Yuguang Gold Lead Co., Ltd
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7Latest Research Report On Recycled Lead
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