In 2023, the usage of lead for brass and bronze, billets and ingots in the US stood at approximately 2.82 thousand metric tons. Looking ahead, forecasts indicate a steady incremental increase in demand: 2.86 in 2024, 2.9 in 2025, 2.94 in 2026, 2.98 in 2027, and 3.01 in 2028. The year-on-year growth showcases a uniform pace with an approximate growth rate of 1.4% annually.
- Steady annual increase observed year-on-year from 2024 through 2028.
- Projected CAGR from 2024 to 2028 is approximately 1.4%.
Future trends to watch for include potential shifts in environmental regulations impacting lead usage, technological innovations in alloy production, and fluctuations in demand from key industries such as construction and automotive. Additionally, sustainability efforts and recycling initiatives may also influence these forecasts.
