Introduction

Lead sulfate is a white microcrystalline powder. It is naturally found as an anglesite mineral. Anglesite is a natural lead sulfate mineral that contains around 74% of lead by mass. Anglesite occurs in specific colors such as white and grey. In its impure form, it is yellow or dark gray in color. Lead sulfate is obtained by the treatment of lead oxide with warm sulfuric acid. Lead sulfate can be commonly found on electrode plates of car batteries when they get discharged. Several lead sulfate forms are employed in the manufacture of active pastes, especially used in lead–acid batteries. Lead sulfate is widely used to produce paints and pigments. It is primarily used as a plastic stabilizer in the manufacture of PVC pipes, wires, cables, and sheathing. Lead sulfate is highly toxic to humans. It has negative health effects on inhalation, skin contact, and ingestion. Exposure of lead sulfate may damage eyesight, the central nervous system, the kidney, and the skin.

Rise in the demand for PVC materials across the globe is projected to augment the global lead sulfate market during the forecast period. Lead sulfate is significantly employed to manufacture PVC products, due to its excellent thermal stabilization. PVC products such as wires, cables, and pipes are major applications of lead sulfate. Increasing demand for fire-insulated wires and cables across the world is a key factor expected to propel the global lead sulfate market during the forecast period. Toxic health effects, severe damage on inhalation, and stringent government regulations are key factors anticipated to restrain the global lead sulfate market during the forecast period. 

Global Lead Sulfate Market: Segmentation

Based on application, the global lead sulfate market can be segmented into PVC plastics, paints, and others. The PVC plastics segment is expected to hold a leading market share during the forecast period. Lead sulfate is widely used in the plastics industry for the production of PVC as a thermal stabilizing agent. The PVC plastic is largely utilized for production of wires, cables, sheets, and other insulating materials. Risen demand for PVC plastics led by growth of the electronics industry is expected to fuel the global lead sulfate market in the near future. Based on end-user industry, the lead sulfate market can be categorized into plastics, electronics & electricals (E&E), paints, textile, and others. The plastics industry is expected to hold a prominent share of the global lead sulfate market during the forecast period. Lead sulfate is used to manufacture fire protection insulation plastics. Thus, rise in the demand for fire protection materials is anticipated to drive the demand for lead sulfate during the forecast period. 

Global Lead Sulfate Market: Region-wise Outlook

Based on region, the global lead sulfate market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to hold a major share of the global lead sulfate market during the forecast period. Strong growth of the electronics industry, especially in China, India, and Taiwan, is anticipated to fuel the demand for lead sulfate in Asia Pacific during the forecast period. China is a leading manufacturer of electric components, devices, plastic wires, and cables, which employ lead sulfate for insulation. Increase in the demand for high-quality insulation products in Asia Pacific is projected to propel the market in the region in the next few years. The market in North America is expected to expand at a moderate pace during the forecast period. Implementation of stringent regulations regarding fire protection measures in the U.S. is anticipated to propel the demand for lead sulfate in the near future. The market in Europe is expected to expand at a moderate pace during the forecast period, due to stringent regulations regarding energy-efficient buildings in the region. The market in Latin America and Middle East & Africa is expected to expand at a sluggish pace as compared to North America and Europe during the forecast period. 

Global Lead Sulfate Market: Key Players

A large number of companies operate in the global lead sulfate market. Prominent manufacturers of lead sulfate are Waldies Compound Ltd, Spectrum Chemicals Manufacturing Co., Kwang Cheng CO., LTD., WSD Chemical Ltd, Jai Enterprises, Spell Group, Pau Tai Industrial Corp, Jiangsu Bohan Industry, Hebei Jingxin Chemical Group Co., Ltd., and Stabplast Chemo Industries.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

.