The forecast for lead used in solder within the US shows a steady increase from 2024 to 2028, starting at 8.21 thousand metric tons in 2024 and reaching 8.49 thousand metric tons by 2028. The year-on-year growth rates forecasted are approximately 0.97% in 2025, 0.84% in 2026, 0.84% in 2027, and 0.71% in 2028. Considering the smooth increase over these years, the compound annual growth rate (CAGR) is approximately 0.84%. The precise figure for 2023 isn't provided, but the trend suggests incremental growth.
Future trends to watch for include:
- Technological advancements in soldering materials that may reduce lead reliance.
- Regulatory developments pushing for lead-free alternatives due to environmental concerns.
- Market dynamics influenced by shifts in the electronics manufacturing sector.