Market Forecast By Product Type (Soft/Pure Lead, Lead Alloys, Lead Oxides), By Application (Lead Acid Batteries, Pigments and Other Compound, Radiation Shielding, Rolls and Extruded Products, Others), By End-user (Energy, Transportation, Data Centers, Electronics, Construction, Healthcare) And Competitive Landscape
Product Code: ETC093222 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Korea Recycled Lead Market |
Forecast period | 2025-2031 |
CAGR | 6.9% |
Growing Sector | Transportation |
The South Korea Recycled Lead Market report thoroughly covers the market by Application, End User, and Product Type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The South Korean recycled lead market is expected to grow at a rapid rate due to government initiatives promoting sustainable practices. This growth is driven by the increasing demand for lead in various industries, while also facing challenges such as environmental concerns and resource depletion.
According to 6Wresearch, the South Korea Recycled Lead Market size is expected to grow at a significant CAGR of 6.9% from 2025-2031. One of the major drivers is the increasing government regulations and policies aimed at promoting sustainable practices and reducing environmental pollution. These initiatives have resulted in the implementation of stricter laws and regulations regarding lead recycling, thereby boosting demand for recycled lead products. Another significant driver is the rising awareness among businesses and consumers about the benefits of using recycled lead. Recycling lead not only reduces waste but also conserves natural resources and lowers production costs, making it an attractive option for many industries.
Additionally, advancements in technology have made it possible to produce high-quality recycled lead that can compete with other lead in terms of performance and price.One of the main challenges faced by the recycled lead market is the fluctuation in global lead prices, which affects the profitability of recycling operations. There is also competition among companies within the recycled lead market, which can be a barrier for smaller players trying to enter the market. Furthermore, there are concerns about potential environmental and health risks associated with handling and processing lead.
One of the major players in the South Korea recycled lead market is Eco-Tech Co., Ltd., a leading provider of eco-friendly solutions for waste management and recycling. The company specializes in collecting, processing, and recycling various types of waste materials, including lead-acid batteries. Another key player in the market is Hanil Lead Co., Ltd., a company that specializes in lead recycling and the production of lead-based products. Other notable players in the South Korea recycled lead market include Hi-Beam Recycling Corporation, Dongmyung Metal Co., Ltd., and Shinsan Trading Co., Ltd. These companies also prioritize sustainability and use advanced technologies to efficiently recycle used lead materials.
One of the government initiatives is the Extended Producer Responsibility (EPR) program. Under this program, manufacturers are responsible for collecting and recycling their own products at the end of their life cycle. There are also tax incentives and subsidies provided by the government to promote recycling activities. Companies that use recycled materials in their production process will receive tax breaks or subsidies from the government. Moreover, the South Korean government has set ambitious recycling targets for different industries. In 2018, it announced a plan to increase the recycling rate of used batteries from 70% to 90% by 2025.
The future outlook for South Korea's recycled lead market looks promising, with an increasing focus on sustainable practices and environmental regulations. The country's rapid industrialization and urbanization have resulted in a high demand for lead-acid batteries, making recycled lead a valuable resource. Moreover, the government's target of achieving 70% recycling rate by 2031 is expected to drive further growth in the industry. The rising awareness among consumers about the benefits of using recycled products is also likely to contribute to the market's growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the Soft/Pure Lead segment is expected to witness significant growth due to its widespread use in various industries such as construction, healthcare, and electronics.
Based on the Application, the lead acid batteries segment is likely to have a considerable share in the market owing to the increasing demand for energy storage solutions in various sectors.
On the basis of End-User, the End-User, the transportation industry is projected to be the major contributor to the recycled lead market. This can be attributed to the rising need for sustainable and environment-friendly materials in the automotive sector.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Recycled Lead Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Recycled Lead Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Recycled Lead Market - Industry Life Cycle |
3.4 South Korea Recycled Lead Market - Porter's Five Forces |
3.5 South Korea Recycled Lead Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 South Korea Recycled Lead Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 South Korea Recycled Lead Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 South Korea Recycled Lead Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and the importance of recycling lead. |
4.2.2 Government initiatives and regulations promoting the use of recycled lead. |
4.2.3 Growing demand for lead-acid batteries in industries such as automotive, energy storage, and electronics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the cost-effectiveness of recycling lead. |
4.3.2 Lack of infrastructure and technology for efficient lead recycling processes. |
4.3.3 Competition from alternative materials or technologies that can replace lead in various applications. |
5 South Korea Recycled Lead Market Trends |
6 South Korea Recycled Lead Market Segmentations |
6.1 South Korea Recycled Lead Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Recycled Lead Market Revenues & Volume, By Soft/Pure Lead, 2021-2031F |
6.1.3 South Korea Recycled Lead Market Revenues & Volume, By Lead Alloys, 2021-2031F |
6.1.4 South Korea Recycled Lead Market Revenues & Volume, By Lead Oxides, 2021-2031F |
6.2 South Korea Recycled Lead Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Recycled Lead Market Revenues & Volume, By Lead Acid Batteries, 2021-2031F |
6.2.3 South Korea Recycled Lead Market Revenues & Volume, By Pigments and Other Compound, 2021-2031F |
6.2.4 South Korea Recycled Lead Market Revenues & Volume, By Radiation Shielding, 2021-2031F |
6.2.5 South Korea Recycled Lead Market Revenues & Volume, By Rolls and Extruded Products, 2021-2031F |
6.2.6 South Korea Recycled Lead Market Revenues & Volume, By Others, 2021-2031F |
6.3 South Korea Recycled Lead Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 South Korea Recycled Lead Market Revenues & Volume, By Energy, 2021-2031F |
6.3.3 South Korea Recycled Lead Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 South Korea Recycled Lead Market Revenues & Volume, By Data Centers, 2021-2031F |
6.3.5 South Korea Recycled Lead Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.6 South Korea Recycled Lead Market Revenues & Volume, By Construction, 2021-2031F |
6.3.7 South Korea Recycled Lead Market Revenues & Volume, By Healthcare, 2021-2031F |
7 South Korea Recycled Lead Market Import-Export Trade Statistics |
7.1 South Korea Recycled Lead Market Export to Major Countries |
7.2 South Korea Recycled Lead Market Imports from Major Countries |
8 South Korea Recycled Lead Market Key Performance Indicators |
8.1 Percentage of lead-acid batteries recycled annually in South Korea. |
8.2 Adoption rate of eco-friendly practices in lead recycling facilities. |
8.3 Investment in research and development for improving lead recycling efficiency. |
9 South Korea Recycled Lead Market - Opportunity Assessment |
9.1 South Korea Recycled Lead Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 South Korea Recycled Lead Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 South Korea Recycled Lead Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 South Korea Recycled Lead Market - Competitive Landscape |
10.1 South Korea Recycled Lead Market Revenue Share, By Companies, 2024 |
10.2 South Korea Recycled Lead Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |