According to BlueQuark Research & Consulting, the global Lead market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing use of Lead for manufacturing Lead-acid batteries suitable for automobiles and electronics, as these batteries have well-established technology and are easy to manufacture at relatively low costs, are estimated to drive the global Lead market. Further, the use of Lead for the formation of alloys with metals like antimony, arsenic, calcium, copper, tin, tellurium, and silver that are employed in the production of cable sheathing, sheets for roofing and construction, insoluble anodes, and solders is projected to drive the Global Lead market. Furthermore, the demand for Lead oxide in the production of plastic stabilizers, rubber vulcanization agents, ceramic glaze additives, ray proof glass, optical glass, crystal glass, and various kinds of paints and coatings is expected to drive the global Lead market. However, high production costs, environmental limitations imposed by many nations on the use of Lead owing to its toxic nature, and the availability of substitutes are estimated to hamper the growth of the global market.

Lead batteries are prevalent as they have high current and surge capability, ideal for internal combustion engines. Moreover, Lead is radiation-resistant, and it is used to protect hospital staff and others working in high-radiation environments. It is widely utilized in the post and telecommunications industries, metallurgy, the chemical industry, railways, transportation, construction, weapons, aerospace, aviation, oil, and other industries.

The Lead-acid battery industry is the vital consumer of Lead and is estimated to drive the global market. Lead is used to produce batteries for motorcycles, planes, tanks, trains, tractors, industries, energy, harbors, and exports. Moreover, the automobile industry accounts for 80% of the total consumption. The main reasons for Lead-acid batteries' prolific popularity are their mature technology, which has been in use for over 150 years, and their relatively cheap manufacturing processes. The telecommunication industry holds a prominent position in many developing nations. The use of Lead -Acid batteries for various applications where power is necessary on an emergency basis, as they do not discharge frequently and do not require high storage capacity, is predicted to drive the global Lead market. In addition to this, large Lead-acid batteries are also employed to power the electric motors in diesel-electric submarines when submerged. Thus, the industry is bound to propel due to its large number of Lead-acid batteries applications.

Some of the market's key players are Canada Metal North America Ltd., Glencore, Gravita Metal Inc., Korea Zinc Co., Ltd., M.A. Metal Corporation, Nyrstar, and Teck Resources Ltd., among others.

The Asia Pacific region is poised to be the leader in the production and the subsequent consumption of Lead, with most of the consumption in countries like China and India. The region is witnessing increased sales of luxury vehicles and advancements in-vehicle technology, as well as the establishment of manufacturing facilities by numerous multinational companies, such as Honda and Toyota, as well as the expanding automotive fleet in China, Indonesia, Malaysia, Vietnam, Thailand, and India, are expected to drive the demand for lead-acid batteries. Moreover, the Japanese electronics market is well-established and is globally recognized for excellence and innovations, and the nation is projected to witness increasing demand for batteries used in different electrical and electronic applications. Furthermore, with the growing population, the building industry is thriving as a result of urbanization and growth, increasing demand for Lead sheets for roofing, cladding, and weathering to prevent water penetration and inside the structure, and high-density lead sheets are employed for acoustic insulation. In addition to this, the Chinese government has planned to focus on improving the infrastructure in small and medium-sized cities, and the value of the Chinese construction industry amounted to USD 1,049 billion in 2020. The flourishing construction industry has established ample growth opportunities for Lead in the nation. Therefore, the Asia Pacific region is a lucrative region for the growth of the Global Lead market.

In March 2022, India's biggest secondary Lead producer, Pondy Oxides & Chemicals (POCL), aimed to deploy the green technology of a battery recycling start-up called Ace Recycling to produce Lead ingots.

The global Lead Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the Lead market by segmenting based on the Production (Primary, Secondary), Form (Elemental, Compounds), Application (Lead-acid batteries, Alloys, Plastic stabilizers, Ammunition, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.