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Lead Market Size
- Report ID: GMI4339
- Published Date: Sep 2019
- Report Format: PDF
Lead Market Size
Lead Market size was worth over USD 25 billion in 2018 while the annual consumption is anticipated to exceed 13 million tonnes by 2025.
Growing consumption of lead acid batteries on account of accelerating demand from automotive sector will propel growth across the lead market. In addition, increasing demand for cost effective and reliable power supply across critical applications including hospital, commercial facilities and industries will augment the business landscape. In 2018, batteries accounted for over 75% of the global Pb consumption, making it one of the key applications influencing the business growth. Furthermore, growing adoption across data centers and telecom towers will further enhance the industry outlook. For instance, major data corporations have built data centers all over the world with Google owning 15 data centers in four continents while Facebook
owning nine centers.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Forecast Period: | 2019 to 2025 |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 285 |
| Tables, Charts & Figures: | 467 |
| Segments covered: | Type, Application and Region |
Prevailing expansion of commercial and industrial facilities owing to strengthening economic growth across the developing regions will drive the business growth. Furthermore, robust investment toward improving the telecom network along with substantial expansion of data centers will positively enhance the industry outlook. The LABs are extensively used across these applications owing to low cost, large surge currents and power to weight ratio suitable for handling the massive energy output generated by swells of internet traffic.
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Global Lead Market Scope
