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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:

What's New?

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

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What are the key data covered in this lead oxide market report?

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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.

Browse for Technavio materials market reports

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Application

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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