China Business Intelligence Network News: Lead acid batteries are composed of positive plates, negative plates, partitions, electrolytes, plastic tanks, etc. According to the application fields, lead-acid batteries in China can be mainly divided into four categories: backup power batteries, energy storage batteries, starting batteries, and power batteries. Lead acid batteries have a relatively low price, mature technology, excellent high and low temperature performance, stability and reliability, high safety, and good resource reuse. They have a clear competitive advantage in the market. In 2020, the market size of lead-acid batteries in China reached 165.9 billion yuan, a year-on-year increase of 4.65%.
Lead acid batteries have become an indispensable foundational product in the national economy due to their high safety performance, cost-effectiveness, stable and reliable quality, and unique renewable recycling. With the progress of the industry's own technological level, as well as the development of the external economy and the improvement of technological level, the industry has a promising development prospect.
In 2015, the Ministry of Industry and Information Technology issued and implemented the "Standard Conditions for the Lead Battery Industry", which is a replacement and upgrade of the "Access Conditions for the Lead Battery Industry". The implementation of this policy will be conducive to improving the process level and environmental management level of enterprises, reducing environmental pollution, increasing the concentration of China's lead-acid battery production industry, promoting the sustained and healthy development of China's lead-acid battery industry, and promoting industry reshuffle, which is conducive to the sustained and rapid development of high-quality enterprises in the industry. In addition, with the transformation of China's economic growth mode, the country's environmental requirements for the lead-acid battery industry will increasingly increase. Relevant clean production technologies, processes, and equipment will gradually be promoted, which is conducive to industry concentration and upgrading, and promotes the industry to achieve leapfrog development. It is expected that by 2026, the market size of lead-acid batteries in China will exceed 200 billion yuan.
