The global zinc market is projected to reach $74.4 billion by 2027, at a CAGR of 4.4% during 2021-2027. The growth of zinc market is driven by 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.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the zinc market by end use industry (construction and infrastructure, transportation, consumer goods, industrial machinery, and others), application (galvanizing, zinc base alloy, brass and bronze, zinc compounds, zinc semis, and others), process (hydrometallurgical and pyrometallurgical), by source (primary and secondary), by primary source by mining type (underground, open pit type, and combination of both), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the zinc market?
Q.4 What are some changing demands of customers in the zinc market?
Q.5 What are the new developments in the zinc market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this zinc area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this 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 depression and psychosis.
Download Brochure of this report by clicking on https://www.lucintel.com/zinc-market.aspx
Market Segmentation:
Based on end use, the zinc market is segmented into construction and infrastructure, transportation, consumer goods, industrial machinery, and others. The construction and infrastructure segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing urbanization, industrialization, building, and construction activities.
Asia Pacific will remain the largest region and it is expected to witness the highest growth over the forecast period supported by increasing urbanization, industrialization, and building and construction activities in this region, especially in China and India.
Key Players in the zinc market are Glencore International AG, Nyrstar N.V., Hindustan Zinc Ltd., Korea Zinc Co., Ltd., Boliden Group, China Minmetals Corp. Ltd., Nexa Resources SA, Shaanxi Non-ferrous Metals Holding Group Co., Ltd, Teck Resources Ltd., Peñoles, Noranda Income Fund.
Request Sample Pages by clicking on https://www.lucintel.com/zinc-market.aspx
The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/zinc-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
[email protected]
Tel. 972.636.5056
Cell: 303.775.0751
Related reports
Plastic Additive Market:
For more details click here https://www.lucintel.com/plastic-additive-market.aspx
Boron Market:
For more details click here https://www.lucintel.com/boron-market.aspx
Expandable Graphite Market:
For more details click here https://www.lucintel.com/expandable-graphite-market.aspx
Antimony Trioxide Market:
For more details click here https://www.lucintel.com/antimony-trioxide-market.aspx
Bio-Plasticizer Market:
For more details click here https://www.lucintel.com/bio-plasticizer-market.aspx
Zinc Stearate Market:
For more details click here https://www.lucintel.com/zinc-stearate-market.aspx
Ground and Precipitated Calcium Carbonate Market:
For more details click here https://www.lucintel.com/ground-and-precipitated-calcium-carbonate-market.aspx
Wollastonite Market:
For more details click here https://www.lucintel.com/wollastonite-market.aspx
Carbon Black Market:
For more details click here https://www.lucintel.com/carbon-black-market.aspx
Recovered Carbon Black Market:
For more details click here https://www.lucintel.com/recovered-carbon-black-market.aspx