Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||912846|
|Published||Content info||217 Pages
Delivery time: 1-2 business days
|Published: April 1, 2021||Content info: 217 Pages||
Global Lead Market to Reach 19 Million Metric Tons by 2027
Amid the COVID-19 crisis, the global market for Lead estimated at 12.8 Million Metric Tons in the year 2020, is projected to reach a revised size of 19 Million Metric Tons by 2027, growing at aCAGR of 5.8% over the period 2020-2027. Batteries, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach 11.7 Million Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Applications segment is readjusted to a revised 5% CAGR for the next 7-year period.
The U.S. Market is Estimated at 3.5 Million Metric Tons, While China is Forecast to Grow at 9% CAGR
The Lead market in the U.S. is estimated at 3.5 Million Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 4 Million Metric Tons by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
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