Lead oxide market size to increase by 1,022.97 thousand tons from 2022 to 2027: APAC will account for 57% of market growth - Technavio
NEW YORK, March 28, 2023 /PRNewswire/ -- The lead oxide market report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 7.81% and register an incremental growth of 1,022.97 thousand tons during the forecast period. Based on region, the global lead oxide market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. APAC is estimated to account for 57% of the growth of the global market during the forecast period. The increasing demand for lead-acid batteries, glass packaging, and paints is expected to drive the demand for lead oxide. Most of the demand for lead oxide originates from countries such as China, India, Australia, Japan, Indonesia, South Korea, the Philippines, and Malaysia. The availability of raw materials and the lack of stringent regulations in APAC are also expected to increase the demand for lead oxide during the forecast period. The growth of the automotive industry in APAC is also expected to drive the growth of the lead oxide market. Moreover, the rapid growth of residential and infrastructural activities in APAC is expected to increase the demand for lead glass and paints, which will fuel the demand for lead oxide. Insights about the market contribution of various segments, including country- and region-wise historic data (2017 to 2021) and forecast market size (2023 to 2027) - Download a sample report
Company profiles
The lead oxide market report includes information about the key products and recent developments of leading vendors, including ALB Materials Inc., Aldon Corp., Amtek Batteries, Colorobbia Holding S.p.A, Durox Chemical Products, Dynakrom, Galaxy Pigments Pvt. Ltd., Gravita India Ltd., Haihang Industry Co. Ltd., Hammond Group Inc., Hunan Hanhua Chemical Co. Ltd., Merck KGaA, Noah Chemicals, Oxford Lab Fine Chem LLP, Penox Group GmbH, Pilot Industries Ltd., Reade International Corp., Sisco Research Laboratories Pvt. Ltd., Thermo Fisher Scientific Inc., Waldies Co. Ltd., and Xinxiang Yangyuan Chemical Co. Ltd. The key offerings of some of these vendors are listed below:
ALB Materials Inc.: The company offers lead oxide products such as ALB semi PbO.
Aldon Corp.: The company offers lead oxide products such as LEAD OXIDE YELLOW.
Colorobbia Holding S.p.A: The company offers lead oxide products such as high-purity lead oxide.
Dynakrom: The company offers lead oxide products such as Lead Oxide Litharge.
Galaxy Pigments Pvt. Ltd.: The company offers lead oxide products such as Lead Oxide Red, Yellow, and Grey.
What's New?
Special coverage on the Russia-Ukraine war, global inflation, recovery analysis from COVID-19, supply chain disruptions, global trade tensions, and risk of recession
Global competitiveness and key competitor positions
Market presence across multiple geographical footprints - strong/active/niche/trivial - Buy the report!
Market segmentation
The market is segmented by type (lead (II) oxide, lead (II, IV) oxide, and lead (IV) oxide) and application (lead-acid battery, glass manufacturing, paints, and others). The lead II oxide segment will account for a significant share of the market growth during the forecast period. Lead (II) oxide, also known as lead monoxide, is an inorganic compound mainly used in lead-based industrial glass and industrial ceramics, including computer components. It is the most common type of lead found in lead glass and is used for the production of glass. Lead (II) oxide offers various benefits, such as increasing the refractive index, decreasing the viscosity, raising the electrical resistivity, and improving the ability of the glass to absorb X-rays. Adding lead (II) oxide makes industrial ceramics more magnetically and electrically inert. Lead is a key component of automotive lead-acid batteries, which increases the demand for lead (II) oxide. These factors are expected to drive the growth of the segment during the forecast period.
Market dynamics
The market is driven by factors such as the increasing demand from developing countries, the growth of the automobile industry, and the increasing demand for lead-acid batteries. However, stringent regulations and policies, growing replacement of lead batteries with other types, and volatility in raw material prices are hindering market growth.
Competitive analysis
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a sample
What are the key data covered in this lead oxide market report?
CAGR of the market during the forecast period
Detailed information about factors that will drive the growth of the lead oxide market between 2023 and 2027
Precise estimation of the lead oxide market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the industry across APAC, Europe, North America, Middle East and Africa, and South America
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of lead oxide market vendors
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Lead Oxide Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 7.81%
Market growth 2023-2027
1,022.97 thousand tons
Market structure
Fragmented
YoY growth 2022-2023(%)
7.11
Regional analysis
APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution
APAC at 57%
Key countries
US, China, India, Germany, and UK
Competitive landscape
Leading vendors, market positioning of vendors, competitive strategies, and industry risks
Key companies profiled
ALB Materials Inc., Aldon Corp., Amtek Batteries, Colorobbia Holding S.p.A, Durox Chemical Products, Dynakrom, Galaxy Pigments Pvt. Ltd., Gravita India Ltd., Haihang Industry Co. Ltd., Hammond Group Inc., Hunan Hanhua Chemical Co. Ltd., Merck KGaA, Noah Chemicals, Oxford Lab Fine Chem LLP, Penox Group GmbH, Pilot Industries Ltd., Reade International Corp., Sisco Research Laboratories Pvt. Ltd., Thermo Fisher Scientific Inc., Waldies Co. Ltd., and Xinxiang Yangyuan Chemical Co. Ltd.
Market dynamics
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Exhibit 136: Gravita India Ltd. - Business segments
Exhibit 137: Gravita India Ltd. - Key offerings
Exhibit 138: Gravita India Ltd. - Segment focus
12.9 Hammond Group Inc.
Exhibit 139: Hammond Group Inc. - Overview
Exhibit 140: Hammond Group Inc. - Product / Service
Exhibit 141: Hammond Group Inc. - Key offerings
12.10 Hunan Hanhua Chemical Co. Ltd.
Exhibit 142: Hunan Hanhua Chemical Co. Ltd. - Overview
Exhibit 143: Hunan Hanhua Chemical Co. Ltd. - Product / Service
Exhibit 144: Hunan Hanhua Chemical Co. Ltd. - Key offerings
12.11 Merck KGaA
Exhibit 145: Merck KGaA - Overview
Exhibit 146: Merck KGaA - Business segments
Exhibit 147: Merck KGaA - Key news
Exhibit 148: Merck KGaA - Key offerings
Exhibit 149: Merck KGaA - Segment focus
12.12 Noah Chemicals
Exhibit 150: Noah Chemicals - Overview
Exhibit 151: Noah Chemicals - Product / Service
Exhibit 152: Noah Chemicals - Key offerings
12.13 Penox Group GmbH
Exhibit 153: Penox Group GmbH - Overview
Exhibit 154: Penox Group GmbH - Product / Service
Exhibit 155: Penox Group GmbH - Key offerings
12.14 Reade International Corp.
Exhibit 156: Reade International Corp. - Overview
Exhibit 157: Reade International Corp. - Product / Service
Exhibit 158: Reade International Corp. - Key offerings
12.15 Thermo Fisher Scientific Inc.
Exhibit 159: Thermo Fisher Scientific Inc. - Overview
Exhibit 160: Thermo Fisher Scientific Inc. - Business segments
Exhibit 161: Thermo Fisher Scientific Inc. - Key news
Exhibit 162: Thermo Fisher Scientific Inc. - Key offerings
Exhibit 163: Thermo Fisher Scientific Inc. - Segment focus
12.16 Waldies Co. Ltd.
Exhibit 164: Waldies Co. Ltd. - Overview
Exhibit 165: Waldies Co. Ltd. - Product / Service
Exhibit 166: Waldies Co. Ltd. - Key offerings
12.17 Xinxiang Yangyuan Chemical Co. Ltd.
Exhibit 167: Xinxiang Yangyuan Chemical Co. Ltd. - Overview
Exhibit 168: Xinxiang Yangyuan Chemical Co. Ltd. - Product / Service
Exhibit 169: Xinxiang Yangyuan Chemical Co. Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations
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