Lead is a heavy metal and has several useful mechanical
properties including high density, low melting point, ductility, and relative
inertness. Lead is a chemical element with the atomic number 82. It has the
highest atomic number of any stable element. Lead is soft and malleable, and
has a relatively low melting point. When freshly cut, lead is bluish-white; it
tarnishes to a dull gray color when exposed to air. Lead is weak and has
metallic character which is illustrated by its amphoteric nature. Lead and lead
oxides react with acids and bases, and tends to form covalent bonds. Lead is
easily extracted from its ores. Lead's high density, low melting point,
ductility and relative inertness to oxidation make it useful. These properties,
combined with its relative abundance and low cost, resulted in its extensive
use in construction, plumbing, batteries, bullets and shot, weights, solders,
pewters, fusible alloys, white paints, leaded gasoline, and radiation
shielding.
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Lead is widely used in batteries, cable sheaths, machinery
manufacturing, shipbuilding, light industry, lead oxide, radiation protection,
and other industries. The primary application for lead is in the battery
production industry. In the past, lead was used in the cable sheath industry;
however, its high density and toxicity led to it being gradually replaced by
plastic and other materials. Lead is used in the manufacture of bearing alloys,
solder alloys, and abrasive alloys that are employed in the manufacturing of
machinery. Lead possesses good corrosion resistance properties, and hence, it
can be used in the manufacture of lead plate, plumbing, and other alloy
materials to protect ships from marine corrosion in shipbuilding. Lead oxide is
primarily utilized for battery paste in lead-acid batteries, as well as in the
production of plastic stabilizers, rubber vulcanization agents, ceramic glaze
additives, ray proof glass, optical glass and crystal glass, and various kinds
of paints, coatings, etc. It is utilized by hospital personnel and other
workers who work in high radiation environment in order to protect against the
harmful effects of radiation. Additionally, lead can also be employed in the
post and telecommunications industries, metallurgy, chemical, railways,
transportation, construction, weapons, aerospace, aviation, oil and other
industries.
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Lead acid batteries are predominantly used in automobiles such
as passenger cars, commercial cars, and motorcycles. Rapid urbanization and
industrialization in various developing countries across the globe are major
factors driving the lead
market. Increase in requirement of uninterrupted power supply in
industries, corporate offices, hospitals, research institutions, educational
institutes, and houses further boosts the demand for these batteries.
Implementation of smart grid projects, deployment of vehicle charging
infrastructure, increasing usage of hybrid and electric vehicles, and
increasing installation of renewable energy systems are some of the underlying
demand drivers for the global lead market. Several government regulations on
the usage of the lead in paints and industries due to its adverse environmental
impact has hampered the growth of the lead market.
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In terms of geography, the lead market can be segmented into
North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. Asia Pacific dominates the global market followed by North America and
Europe. The market in Asia Pacific is dominant due to the usage of the
lead acid battery in this developing region.
Key players operating in the lead market are Inventive SMi,
Gravita India Ltd., Vulcan GMS U.S., Telegenisys Inc., and The Lead Generation
Company.
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