Global Market Report on China Lead-Acid Battery Industry

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Date Submitted: 01/11/2016 12:36 AM

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Jan 11 2016 Mumbai, India: Bharatbook.com announces a report on “ Global Market Report on China Lead-acid Battery Industry ”. It is expected the application of lead-acid battery in communications back-up power will shrink slightly and the demand for the lead-acid battery for electric bicycle will see a negative annual growth of above 15% over the next few years.

Lead-acid battery industry is a typical one of high energy consumption and heavy pollution. A large amount of electricity is consumed and pollutants such as lead dust/fume, acidic leaded wastewater, acid fog, and waste residues are discharged during the process of production. https://www.bharatbook.com/consumer-electronics-market-research-reports-191759/lead-acid-battery-global-china.html The center of global lead-acid battery production continues to transfer from developed countries to developing nations. As China’s share of global lead-acid battery output has risen from 35% in 2010 to 42% in 2014, the country’s development of lead-acid battery industry is of great significance to the world. Americas, primarily United States, made up 27% of global lead-acid battery output in 2014.

Global lead-acid battery demand amounted to 478.09 million KVAh in 2014, up 5.7% from a year ago, with China contributing a good portion of increase and the rest of the world maintaining average growth rate of around 2%. With enhanced efforts by the Chinese government to regulate lead-acid battery industry in the aspect of environmental protection since 2015 and the effect of lithium battery replacing lead-acid battery, global lead-acid battery demand growth is expected to fall along with that in China in the future, stabilizing at 2%-3%.

China’s demand for lead-acid battery grew by 12.4% to 213.50 million KVAh and lead-acid battery revenue went up 11.2% to RMB129 billion in 2014. The demand for the lead-acid battery for electric bicycle increased by -0.8%, the lead-acid battery for automotive starting 12.8%, the lead-acid...