CLEVELAND, March 16, 2018 /PRNewswire/ -- US lead demand is forecast to reach 1.5 million metric tons in 2022, according to Lead: United States, a report recently released by Freedonia Focus Reports. Suppliers are expected to benefit from rising US output of lead-acid batteries, propelled by expected growth in motor vehicle production and the number of motor vehicles in use.
More information about the report is available at
https://www.freedoniafocusreports.com/Lead-United-States-FF65018/
Lead demand in batteries is projected to continue representing the largest segment in 2022. Expanding motor vehicle production in the NAFTA region will increase US output of lead-acid batteries. In addition, rising numbers of motor vehicles in use will drive growth in the market for replacement batteries. Furthermore, increasing investment in renewable energy and power grid storage, uninterruptible power supply systems, and telecommunications will support growth for stationary batteries.
These and other key insights are featured in Lead: United States. This report forecasts to 2022 US lead demand and production in metric tons of lead content. Total demand is segmented by application in terms of:
- batteries
- metal products
- other applications such as glass and ceramic products, paint, and chemicals
The following measures of US lead production, in metric tons of lead content are also forecast to 2022:
- mine production
- secondary refinery production
To illustrate historical trends, total demand; mine, primary refinery, and secondary refinery production; the various demand segments; and trade are provided in annual series from 2007 to 2017.
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Materials & Chemicals reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
Press Contact:
Corinne Gangloff
+1 440.684.9600
cgangloff@freedoniagroup.com
View original content with multimedia:http://www.prnewswire.com/news-releases/us-lead-demand-to-reach-15-million-metric-tons-in-2022-300615258.html
SOURCE The Freedonia Group