Lead fell to 1,976.75 USD/T on July 17, 2025, down 0.12% from the previous day. Over the past month, Lead's price has fallen 0.95%, and is down 8.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lead - values, historical data, forecasts and news - updated on July of 2025.

Get the latest insights on price movement and trend analysis of Lead in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In 2023, the average price for lead stood at 2,136 nominal U.S. dollars per metric ton. It is forecast that in 2026 the price of one metric ton of lead will amount to 2,100 nominal U.S. dollars.

The report covers Global Lead Industry Growth and Share. The market is segmented by application (ammunition, batteries, construction, electronics, marine, plumbing, and other applications) and geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). The market size and forecasts are provided in terms of revenue (USD million) for all the above segments.

This statistic represents the projected LME lead price between 2012 and 2020. In 2017, one pound of lead is expected to cost around 85 U.S. dollar cents. Lead is a base metal which is predominantly used in battery manufacturing and cable sheathing.

The global lead market amounted to $35B in 2024, remaining stable against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $35.4B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The global lead market is projected to experience steady growth from 2025 to 2033, with a CAGR of 3.00%. In 2025, the market was valued at XX million, and it is estimated to reach a value of XX million by 2033. The growth is primarily driven by the increasing demand for lead in various applications, such as ammunition, batteries, construction, electronics, marine, plumbing, and others. The growing construction industry, particularly in developing countries, is a major factor contributing to the market expansion. Key trends shaping the lead market include the rising demand for lead-acid batteries in electric vehicles and renewable energy storage systems, advancements in lead recycling technologies, and increased environmental regulations. However, the market faces certain restraints, such as fluctuations in lead prices, concerns over the toxicity of lead, and the potential substitution of lead with alternative materials. Key players in the market include Canada Metal North America Ltd, East Penn Manufacturing Company, Glencore, Gravita India Ltd, Johnson Controls, KOREAZINC, M A Metal Corporation, Nyrstar, Teck Resources Limited, and Vedanta Resources Limited (Hindustan Zinc). Recent developments include: Recent developments pertaining to the market studied will be covered in the complete report.. Key drivers for this market are: Rising Demand for Lead-Acid Batteries in Electric Vehicles, Other Drivers. Potential restraints include: Rising Demand for Lead-Acid Batteries in Electric Vehicles, Other Drivers. Notable trends are: Battery Segment is Expected to Dominate the Market.

In 2024, the Indian lead market decreased by -1.4% to $1.5B, falling for the second year in a row after two years of growth. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $1.7B in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

In 2025, the lead market was valued at approximately USD 29,900 million. By 2035, it is expected to reach USD 45,200 million, expanding at a compound annual growth rate (CAGR) of 4.2%. This growth is driven by increasing industrialization, rising investments in lead-acid battery production, and growing construction activities.

Country-wise Outlook-Lead market

Recycled Lead Market size was valued at USD 17.79 Billion in 2024 and is projected to reach USD 21.92 Billion by 2031, growing at a CAGR of 2.92% from 2024 to 2031.

The global Recycled Lead Market is growing at a rapid growth rate over the past few years. Many countries have implemented regulations and standards that mandate the proper disposal and recycling of lead-containing products, such as lead-acid batteries. These regulations drive the growth of the Recycled Lead industry by creating a demand for proper recycling infrastructure and practices. Compliance with these regulations ensures the safe handling and processing of lead-based materials. The Global Recycled Lead Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

In 2024, the Ghanian lead market increased by 1.8% to $67M, rising for the fourth year in a row after two years of decline. Overall, consumption showed a relatively flat trend pattern. Lead consumption peaked at $68M in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

In 2016, the global refined lead market grew to 11.2M tons, growing steadily by +3.3% per year over the last nine years with only mild fluctuations. In wholesale prices, the market stood at $22.5B, illustrating a mixed trend pattern. There was a significant decline by 31% in 2009, followed by strong growth over the next two years. Afterwards, however, the market value slipped back in the following year and stabilized from 2013 to 2014, it plunged again in 2015 and then flattened.

China Settlement Price: Shanghai Future Exchange: Lead: 1st Month data was reported at 16,920.000 RMB/Ton in 13 May 2025. This records an increase from the previous number of 16,885.000 RMB/Ton for 12 May 2025. China Settlement Price: Shanghai Future Exchange: Lead: 1st Month data is updated daily, averaging 15,370.000 RMB/Ton from Mar 2011 (Median) to 13 May 2025, with 3433 observations. The data reached an all-time high of 22,535.000 RMB/Ton in 29 Nov 2016 and a record low of 11,945.000 RMB/Ton in 14 Jan 2015. China Settlement Price: Shanghai Future Exchange: Lead: 1st Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price: Daily.

The size of the lead market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX% during the forecast period. Lead is a heavy metal known for its high density, malleability, and resistance to corrosion, making it a versatile material with numerous applications. It is naturally occurring in the Earth’s crust and is commonly extracted from ores such as galena (lead sulfide). Historically, lead has been used in various industries, including plumbing, roofing, batteries, and paints, due to its durability and ability to shield against radiation. Lead-acid batteries remain one of its most significant applications, powering vehicles and providing backup energy storage. However, lead is also highly toxic to humans and the environment, particularly when ingested or inhaled as dust or fumes. Prolonged exposure can cause severe health issues, including neurological damage, developmental delays in children, and kidney problems. This has led to strict regulations and the phasing out of lead in products like paints, gasoline, and pipes. Despite these concerns, lead continues to be essential in niche applications, such as radiation shielding in medical and nuclear facilities, and as a component in certain alloys. Efforts are ongoing to find safer and more sustainable alternatives while ensuring the responsible recycling of lead from existing products to minimize environmental impact and reduce the demand for new mining activities. The market's growth is attributed to the increasing demand for lead-acid batteries in automotive and industrial applications, rising construction activities globally, and the growing use of lead in ammunition.

Lead Metals Market size was valued at USD 17.09 Billion in 2023 and is projected to reach USD 25.11 Billion by 2031, growing at a CAGR of 7.9% during the forecast period 2024-2031.

Global Lead Metals Market Drivers

The Lead Metals Market is influenced by a variety of market drivers, which include:

Economic Growth: Demand for lead often correlates with industrial activity. Economic growth in emerging markets can increase the demand for lead in construction, automotive, and other industries. Batteries: The largest use of lead is in lead-acid batteries, primarily for vehicles and energy storage systems. The growth in electric vehicles (EVs) and renewable energy storage can influence lead demand.

Global Lead Metals Market Restraints

The Lead Metals Market, like any other commodity market, can face various restraints that can impact its growth and dynamics. Some of the key market restraints for the lead metals market include:

Environmental Regulations: Stringent regulations regarding lead mining, processing, and disposal due to its toxic effects can limit production capabilities and increase costs. Many countries have implemented strict environmental policies to mitigate lead pollution and promote alternative materials. Health Concerns: Lead is recognized as a toxic substance that poses serious health risks, especially for children and pregnant women. Growing awareness of these health risks can lead to a decline in demand for lead-based products, particularly in industries such as batteries and pigments.

Lead Sheet Market Outlook

As of 2023, the global lead sheet market size is estimated to be approximately USD 829 million, with projections indicating a growth to USD 1,161 million by 2032, driven by a compound annual growth rate (CAGR) of 3.8% over the forecast period. A key driver of this growth is the rising demand for lead sheets across various applications, including construction, healthcare, and industrial settings, owing to their unique properties such as high density, malleability, and corrosion resistance. The increasing awareness about radiation protection and soundproofing requirements in specialized sectors further propels the market expansion.

One of the significant growth factors for the lead sheet market is the expanding construction sector globally. With urbanization accelerating, especially in emerging economies, the need for effective acoustic and thermal insulation solutions in buildings is escalating. Lead sheets are recognized for their superior soundproofing capabilities, offering a practical solution for noise pollution in urban settings. Additionally, the trend towards green buildings and energy-efficient structures is boosting the demand for materials like lead sheets that can enhance thermal insulation and reduce energy consumption, thereby contributing to a sustainable construction ecosystem.

The healthcare sector presents another robust avenue for market growth, largely driven by the need for radiation shielding in medical settings. As the global healthcare industry continues to expand, fueled by technological advancements and increased healthcare spending, the requirement for effective radiation protection materials in diagnostics and treatment facilities, such as X-ray and MRI rooms, is rising. Lead sheets serve as essential components in these protective structures due to their excellent radiation absorption properties. Furthermore, the heightened focus on occupational safety regulations is encouraging the adoption of lead sheets in healthcare environments.

In the industrial sector, lead sheets are witnessing increased adoption due to their application in manufacturing processes that require materials with high resistance to acid and corrosion. Industries such as chemical manufacturing, battery production, and oil and gas are major consumers of lead sheets, utilizing them in various protective and containment systems. Moreover, the rising demand for lead sheets in the production of renewable energy components, such as solar panels, is contributing to the overall market growth, in tandem with global efforts to transition towards sustainable energy sources.

Regionally, the Asia Pacific dominates the lead sheet market, driven by rapid industrialization and urbanization in countries such as China and India. The region is expected to maintain its leading position throughout the forecast period, supported by substantial infrastructure development and increasing healthcare investments. In North America and Europe, the market is bolstered by stringent environmental and safety regulations that necessitate the use of lead sheets for radiation shielding and soundproofing. Meanwhile, the Middle East & Africa and Latin America are poised for moderate growth, with opportunities arising from expanding healthcare infrastructure and industrial activities.

The introduction of the Flat No Leads Package has revolutionized the way lead sheets are marketed and distributed, particularly in the construction and healthcare sectors. This innovative package offers a streamlined approach for clients seeking efficient procurement solutions without the complexities of traditional lead sourcing. By focusing on direct and simplified transactions, the Flat No Leads Package enhances accessibility for smaller contractors and businesses, enabling them to benefit from high-quality lead sheets with minimal logistical hurdles. This approach not only optimizes the supply chain but also aligns with the growing demand for transparency and efficiency in material sourcing, thereby fostering stronger relationships between suppliers and end-users.

Product Type Analysis

The lead sheet market by product type is segmented into standard lead sheets, radiation shielding lead sheets, soundproofing lead sheets, and others. Standard lead sheets, being the most versatile type, hold a significant share of the market. These sheets are widely utilized across various applications due to their inherent properties of malleability, corrosion resistance, and ease of install

Electrolytic Lead Market Outlook

The global electrolytic lead market size was valued at USD 1.2 billion in 2023 and is projected to reach USD 1.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period. The growth of this market is primarily driven by the increasing demand for lead-acid batteries, which are widely used in automotive and industrial applications. Additionally, the rising need for radiation shielding in healthcare and nuclear energy sectors further propels the market growth.

One of the main growth factors for the electrolytic lead market is the expanding automotive industry, particularly the increasing production of electric vehicles (EVs). Lead-acid batteries, despite the advent of lithium-ion batteries, remain in high demand due to their cost-effectiveness and reliability. The automotive sector's shift towards hybrid and electric vehicles is expected to persist, bolstering the requirement for lead-acid batteries. Moreover, developing economies are witnessing a surge in vehicle ownership, which also contributes to the growing need for lead-acid batteries, thereby driving the electrolytic lead market.

Another key growth factor is the extensive use of lead in radiation shielding. In medical facilities and nuclear power plants, lead is a critical material used to shield against harmful radiation. The healthcare sector's continuous growth, coupled with advancements in medical imaging technologies, necessitates effective radiation protection solutions. This demand, in turn, accelerates the consumption of electrolytic lead, as it is a preferred material for manufacturing radiation shielding products due to its high density and high atomic number.

The market is also benefiting from the cable sheathing and construction industries. Lead sheathing is used in cables to protect against moisture and mechanical damage, which is crucial for maintaining the integrity and performance of electrical systems. The construction sector utilizes lead in various applications, including roofing and cladding, to enhance durability and resistance to environmental factors. The ongoing urbanization and infrastructure development in emerging economies are expected to sustain the demand for lead in these applications, contributing to the overall market growth.

Lead Hydroxide Acetate is an important compound in the lead industry, often used in various chemical processes and applications. Its unique properties make it valuable in the production of specialized lead-based products. The compound is known for its stability and effectiveness in creating lead salts, which are essential in manufacturing pigments and other industrial chemicals. As industries continue to explore new applications for lead compounds, the demand for Lead Hydroxide Acetate is expected to grow, contributing to the overall expansion of the lead market. This growth is further supported by ongoing research and development efforts aimed at enhancing the efficiency and sustainability of lead-based processes.

Regionally, the Asia Pacific dominates the electrolytic lead market due to the rapid industrialization and urbanization in countries like China and India. The region's strong automotive manufacturing base and growing construction activities are significant contributors to the market's expansion. North America and Europe also hold substantial market shares, driven by the robust demand for lead in automotive, healthcare, and construction sectors. Moreover, the presence of key market players and technological advancements in these regions further support market growth.

Product Type Analysis

The product type segment of the electrolytic lead market is categorized into high purity lead and industrial grade lead. High purity lead, known for its superior quality and performance, is extensively used in critical applications such as radiation shielding and high-end batteries. This segment is expected to witness significant growth owing to the increasing demand for advanced medical imaging equipment and the expansion of nuclear energy projects. The need for high-performance materials in these sectors drives the adoption of high purity lead.

Industrial grade lead, on the other hand, is primarily utilized in applications where extreme purity i

Lead Management Market size is expected to reach USD 34.62 Bn by 2032, from USD 20.73 Bn in 2025, exhibiting a CAGR of 7.6% during the forecast period.

Global Lead Metals market size 2025 was XX Million. Lead Metals Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.