PUBLISHER: Lucintel | PRODUCT CODE: 1107185
PUBLISHER: Lucintel | PRODUCT CODE: 1107185
Zinc Market Trends and Forecast
The future of the zinc market looks promising with opportunities in the construction and infrastructure, transportation, consumer goods, and industrial machinery sectors. The global zinc market is expected to reach $74.4 billion in 2027 and it is forecast to grow at a CAGR of 4.4% from 2021 to 2027. The major drivers for this market are increasing demand for galvanized steel and infrastructure development in emerging markets like India, Brazil, and Indonesia. Furthermore, growing demand from niche applications like smartphones, electric vehicles, mild hybrid engines, and power grid storage will drive the global zinc market.
Emerging Trends in the Zinc Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of hot-dip galvanizing in automotive for advance high strength steels (AHSS) with exceptional surface quality, increase in use of zinc-air batteries in electric vehicles, and use of zinc in medicine for depression and psychosis.
A total of 134 figures / charts and 113 tables are provided in this 230-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the zinc market report.
Zinc Market by Segment
Zinc Market by End Use Industry [Volume (KT) and $M shipment analysis for 2016 - 2027]:
Zinc Market by Application [Volume (KT) and $M shipment analysis for 2016 - 2027]:
Zinc Market by Process [Volume (KT) and $M shipment analysis for 2016 - 2027]:
Zinc Market by Source [Volume (KT) and $M shipment analysis for 2016 - 2027]:
Zinc Market by Primary Source by Mining Type [$M shipment analysis for 2021]:
Zinc Market by Region [Volume (KT) and $M shipment analysis for 2016 - 2027]:
List of Zinc Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies zinc companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the zinc companies profiled in this report includes.
Zinc Market Insight
Features of Zinc Market
FAQ
Q1. What is the zinc market size?
Answer: The global zinc market is expected to reach an estimated $74.4 billion by 2027
Q2. What is the growth forecast for zinc market?
Answer: The zinc market is expected to grow at a CAGR of 4.4% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the zinc market?
Answer: The major drivers for this market are increasing demand for galvanized steel and infrastructure development in emerging markets like India, Brazil, and Indonesia. Furthermore, growing demand from niche applications like smartphones, electric vehicles, mild hybrid engines, and power grid storage will drive the global zinc market.
Q4. What are the major applications or end use industries for zinc?
Answer: Construction and infrastructure is the major end use industries for zinc market.
Q5. What are the emerging trends in zinc market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of hot-dip galvanizing in automotive for advance high strength steels (AHSS) with exceptional surface quality, increase in use of zinc-air batteries in electric vehicles, and use of zinc in medicine for depression and psychosis..
Q6. Who are the key zinc companies?
Answer: Some of the key zinc companies are as follows:
Q7. Which zinc product segment will be the largest in future?
Answer: Lucintel forecasts that galvanizing will remain the largest segment due to growing demand of galvanized steel in construction, automobile, and other industrial sectors. Zinc compounds segment will witness the highest growth over the forecast period supported by rising demand in rubber, paper, chemicals and paint applications.
Q8 : In zinc market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.