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The global recycled lead market exhibits a medium level of foreword integration. Major participate in the production of both secondary lead and lead acid batteries. Conclusively, the market is also largely fragmented with the presence of a large number of small and medium players with varying production capacity and presence across the regions.
With increasing regulation from the government around the world, various players are updating their lead recycling processing equipment.
Some of the key players in the business are
Growing recycling rate of lead acid batteries, rising demand for uninterrupted power supply, mounting energy storage application across data centers and telecom industry and increasing demand for radiation shielding in healthcare industry are the major factors expected to drive the growth of global market.
According to the report published by Global Market Insights Inc., the recycled lead business is supposed to attain $19 billion (USD) by 2026.
The recycled lead market is poised to observe a crcr of 3.5% over 2020-2026.
The recycled lead market in bbbb exhibited a revenue of USD 15 billion.
Recylex S.A, Exide batteries, Aqua Metals, Inc., ENERSYS, ECOBAT technologies., Canada Metal North America Ltd, The Doe Run Company, Gravitas Group, Mayco Industries are some of the top contributors in the industry.
The lead acid batteries segment registered the highest share in 2019 and is projected to record a remarkable growth rate throughout the forecast period.