“Recycled Lead Market is valued around USD 7684.46 Million in 2018 and expected to reach USD 11988.71 Million by 2025 with the CAGR of 6.56% over the forecast period.”
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Increasing demand for recycled products and prevalence of lead-lithium batteries in automobile industries and price segment of new and recycled products are some factors driving the growth of global recycled lead market.
Scope of the Recycled Lead Market Report:
Lead is usually among one among the foremost recycled materials in terms of recovery rate. It are often remolded infinitely to get rid of impurities. Its fundamental properties make it easily identifiable and cost-effective to gather and recycle. Quite 50 percent of lead utilized in the assembly of latest lead products round the world is sourced from recycled lead. Because the quality of the recycled lead is nearly just like primary lead collected directly from mining, its value and demand as a recycled material are very high.
Lead-based batteries are a really important component of over a billion diesel and petrol vehicles existing globally. Such batteries also are utilized in several critical stationary applications like providing backup power for telecommunication systems. Given that lead-acid batteries are essential for cars to work, the systematic and responsible recycling of lead may be a priority.Recovering and recycling lead has great environmental advantages. Lead recycling reduces the discharge of cause the environment and conserves natural resources. The lead battery is a hazardous waste. Its disposal poses both health and environmental threats. The use of recycled lead within the production of latest products is very energy efficient. Recycled lead production takes only 35 to 40 percent of the energy necessary to supply primary lead from ore.Unlike most other materials, Lead are often re-melted and recycled indefinitely without slightest of diminution in quality, making it the right material for the circular economy.
Global Recycled Lead market is segmented on the basis of product, application, industry and region & country level. On the basis of product, the market is segmented into soft/pure lead, lead alloys and lead oxides. On the basis of application, the market is segmented into lead acid batteries, radiation shielding, rolls & extruded products and others. On the basis of industry, the market is segmented into energy, transportation, data centers, electronics, construction, healthcare and others.
The regions covered in this recycled lead market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of recycled lead is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Recycled Lead Manufacturers:
Global recycled lead market report covers prominent players like,
- Recylex S.A
- Exide batteries
- Aqua Metals, Inc.
- 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.
Global Recycled Lead Market Dynamics-
Increased demand of recycled products and fewer prices than the new products are the segments which are driving growth of recycled lead market. U.S. is at the topmost when it comes to lead recycling. The use of lead has evolved over the years, with a big growth in recyclable uses. Now days about 85% of lead is employed in lead batteries, all of which are recoverable and recyclable. Europe and North America have A battery recycling rate on the brink of 100% – and most others share the likelihood of 100% recyclability. However, high cost of battery recycling; along with its additional cost of supply chain is the restrain to the market of lead recycling. Moreover, technological advancement, increasing numbers of recycling plants, governments support to recycled products and scarcity of natural resources are some factors which could be the opportunity for the market.
North America dominate the Recycled Lead Market
North America dominates the market of Recycled Lead. United states is at the top when it comes to recycling productsit uses its resources to recycle products at the fewer price rather than making the new one. The US federal government health and environment regulator compared recycling rates for a range of products and materials. It found that the 99% recycle rate of lead batteries is the highest recycling rate of all consumer products and As per U.S. Department of the Interior high cost is incurred in recycling in 2018, 3.7 million tons of aluminum were produced by recycling in the United States, saving enough energy to provide electricity to 8 million homes. Europe is leading the market after North America Europe is the second highest market of recycled leads, as per ila Leads Europe is the region which recycles more than 95 % lead in the market. Due to its rising population Asia Pacific is a growing market for recycled lead market regions.
Key Benefits for Global Recycled Lead Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Recycled Lead Market Segmentation –
By Product Type analysis: Soft/Pure Lead, Lead Alloys, Lead Oxides
By Application Type Analysis: Lead Acid Batteries, Radiation Shielding, Rolls & extruded products, Others
By Industry Type Analysis: Energy, Transportation, Data centers, Electronics, Construction, Healthcare, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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