The forecast for lead consumption in the US between 2024 and 2028 shows a steady increase from 1.5553 million metric tons to 1.5799 million metric tons. The lead consumption in 2023 was registered at 1.545 million metric tons. This reflects a year-on-year increase from 2024 to 2028 of approximately 0.4% annually. The compound annual growth rate (CAGR) over this forecast period is modest, highlighting consistent though minimal growth in the sector.
Future trends to watch for include technological advancements in battery production, as lead is primarily used in lead-acid batteries. Additionally, regulatory changes and sustainable practices could influence demand fluctuations over the coming years.
