The forecast for refined soft lead consumption in Ohio and Pennsylvania shows a steady increase from 2024 to 2028, with values projected to rise from 247.28 to 274.0 thousand metric tons. Data indicates a consistent year-on-year growth, with each year showing a percentage increase from the previous year. From 2024 to 2028, the average growth rate, calculated as Compound Annual Growth Rate (CAGR), confirms a steady upward trend. For context, the consumption stood at 240 thousand metric tons in 2023.

Future trends to watch include:

Increased demand due to potential rises in local battery production and recycling.
Policy changes affecting the mining and trade of lead could impact supply and pricing.
Technology advancements in battery storage solutions could further drive demand.