Global Lead and Zinc Market was valued at USD 5 Billion in 2022 and is projected to reach USD 7 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The lead and zinc market has experienced notable fluctuations recently, with each metal charting distinct paths. In October 2024, zinc prices surged to a 20-month peak of $3,284 per metric ton, propelled by constrained raw material supplies. Conversely, lead prices declined, burdened by escalating inventories, resulting in a record premium of over $1,000 per ton in late 2024.
Several factors contributed to zinc's ascent:
Production disruptions, including incidents like fires at Australia's Century mine.
A consecutive three-year decline in global zinc mine output.
A nearly 7% year-on-year decrease in China's refined zinc production in 2024.
These elements culminated in a 33,000-ton deficit in the zinc market, tightening supply and reducing London Metal Exchange (LME) stocks to 324,000 tons by November.
In contrast, lead inventories expanded significantly, with LME stocks rising from 29,000 tons in early 2023 to 305,000 tons by late 2024. This surge, primarily due to increased secondary production, fostered bearish market sentiment, leading to record net short positions among investors. Despite assessments indicating balanced global supply and demand, concerns over lead's oversupply persist.
Looking ahead, the dynamics may shift as zinc mine supply rebounds through new operations and restarts. Enhanced concentrate availability could boost zinc smelter output, potentially narrowing its premium over lead. However, increased zinc mine production also suggests a rise in lead supply, which may further inflate lead stockpiles.
Demand growth for both metals appears limited:
Zinc's reliance on the subdued construction sector.
Lead's association with the declining use of automotive batteries.
Given these factors, supply considerations are expected to play a pivotal role in price movements throughout 2025. While both metals face challenges, zinc's tighter supply and stronger investor confidence may offer it greater resilience.
Reflecting on personal experiences, navigating the lead and zinc market requires careful attention to these evolving supply and demand factors. Staying informed about production trends and inventory levels is crucial for making informed decisions in this sector.
Get an In-Depth Research Analysis of the Global Lead and Zinc Market Size And Forecast [2025-2032]
Nyrstar
Glencore Xstrata
Boliden
Teck
Noranda Incme Fund
Trevali
Hudbay Minerals
Nevsun Resources
Korea IncGroup
Hindustan Inc Votorantim
Nonferrous Metals
China Minmetals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Lead and Zinc Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Lead and Zinc Market
Anti-Corrosion and Batteries
Alloys
Based on Types the Market is categorized into Below types that held the largest Lead and Zinc market share In 2023.
Lead
Zinc
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Lead and Zinc Market Research Analysis
1. Introduction of the Global Lead and Zinc Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lead and Zinc Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lead and Zinc Market, By Type
6. Global Lead and Zinc Market, By Application
7. Global Lead and Zinc Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Lead and Zinc Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/