Recycled Lead Market Share

On the basis of regional analysis, the recycled lead market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa region.

The market in the Asia Pacific industry is anticipated to account for largest revenue share by 2036, due to rising construction industries backed by factors, including, low cost of labour, developing infrastructure, close proximity to end markets, and significant growth in urban population. Furthermore, growing electronics industry is expected to raise the demand for recycled lead which is estimated to drive the market growth.

The market in North America is estimated to garner largest revenue during the forecast period on the back of the rising demand for electric vehicles which require lead batteries. Moreover, 80% of lead used in the U.S. is obtained from secondary lead.