The Global Polymer Lead Refill Market size is projected to reach USD X.X billion by 2028, growing at a CAGR of 5.0% between 2021 and 2028. The factors influencing the growth of this market are rising demand for safety in office environments, increased government regulations on lead content in products, and increasing awareness related to the harmful effects of lead exposure on humans.
Polymer lead refills are a type of pencil leads that has been developed to reduce the environmental impact. The benefits offered by them include ease of sharpening, cleanliness due to smoothness (fewer chances of chipping), and higher durability. These refills are made from a mixture of plastic and graphite powders, which can be molded into any shape or size depending on the manufacturer's specifications. The main benefit of using these polymer lead refills is that they offer various advantages over traditional metal leads such as ease of sharpening ability due to their smooth surface, higher durability, and higher resistance to breaking.
On the basis of Type, the global polymer lead refill market is segmented into HB and others.
HB – Hardness B polymer lead refill is a kind of HB type. It comes with black color and has the same properties as that of H or F size, however they are harder than those two types. HB type of polymer lead refill is widely used in 0.04mm, 0.05mm, and 0.07 mm mechanical pencils as they are resistant to breakage during writing or drawing. Moreover, HB type of polymer lead refill is available in black color and has good resistance to water. The HB type of polymer lead refill is widely used in 0.05mm drawing pencils, which are available with a greater diameter size compared to other counterparts. Among the others, HB is further segmented into 0.35 mm, 0.45 mm, and Others (0.28mm)
On the basis of Application, the global polymer lead refill market is segmented into direct writing refills and mechanical pencils & propelling pencils.
Polymer lead refills are also known as direct writing pencils. The polymer lead refill contains a protective tip that will not be broken when the user writes on rough surfaces. These refills contain high-quality pigmented graphite in them, making their color darker than other traditional wooden pencils. The two most common types of polymer lead refill for direct writing refills are the HB (medium hardness) and the B (soft). Direct writing refills are used in devices such as a drawing board, copy boards, and similar devices. Mechanical pencils & propelling pencils are used in electronic appliances such as calculators, cash registers, etc.
Polymer lead refills are used in mechanical pencils to prevent the graphite from breaking and keep it clean inside. The style of writing can be changed by changing the shape of this refill, which is a very convenient feature for many people. It has been found that these leads tend to last longer as compared to traditional leads which contain clay. Polymer lead refill is used to propel pencils. It has replaced the conventional wooden and plastic refills that were previously used in propelling pencils. This polymer material reduces the wear and tear of the mechanical part of a pencil during use, thereby increasing its life span. The propulsion mechanism also delivers a smoother writing experience as compared to traditional materials such as wood.
On the basis of Region, the global polymer lead refill market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Among these regions, Europe held the major share in the global polymer lead refill market, by value & volume due to rising demand for writing instruments from France and Germany. North America dominated with more than 50% share in 2016 due to higher demand for mechanical pencils and availability of a wide range of refills in this region for different applications. Asia Pacific is expected to witness the fastest growth at a CAGR of around 12.0% during the forecast period due to increasing usage of writing instruments among students as well as adults across key countries such as China, India, Japan, and South Korea. Emerging economies are adopting the latest technologies in day-to-day life which have increased demand for writing instruments. Polymer lead refills are widely used in the countries like Argentina, Brazil, and Chile. These regions have great potential for the growth of the polymer lead refill market due to the rise of the e-commerce industry along with the growing number of electronic goods manufacturers. The market status of polymer lead refill in the Middle East & Africa is growing at a healthy growth rate.
The growth can be attributed to higher usage by school students, as they find it easier to write with these leads compared with traditional metal pencils. The demand for these refills is further driven due to their premium feel and appearance as compared to traditional metal leads. In addition, the ease of sharpening these refills further adds up to their demand for school writing instruments. Moreover, the technological advancement in developing countries such as India & China is expected to boost product sales over the forecast period.
Up Market Research published a new report titled “Polymer Lead Refill Market research report which is segmented by Types (2B, HB), By Applications (0.5 mm, 0.7 mm, 0.9 mm, Others), By Players/Companies Pentel, June Gold, Mr. Pen, Paper Mate, uni, BIC, Bild, Coopay, STAEDTLER, Rotring, Sakura”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Polymer Lead Refill Market Research Report |
By Type | 2B, HB |
By Application | 0.5 mm, 0.7 mm, 0.9 mm, Others |
By Companies | Pentel, June Gold, Mr. Pen, Paper Mate, uni, BIC, Bild, Coopay, STAEDTLER, Rotring, Sakura |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 215 |
Number of Tables & Figures | 151 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type 2B, HB and By Application 0.5 mm, 0.7 mm, 0.9 mm, Others.
Some of the companies that are profiled in this report are:
Polymer Lead Refill Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Polymer Lead Refill Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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