Cadmium Market Size is Expected to Boom at a CAGR of 4.28 %2030 | Reports and Data

The global cadmium market size was robust in 2021 and is expected to register a steady revenue CAGR of 4.28 % during the forecast period. Major reason factors driving market revenue growth is increasing use of the product in the battery industry such as in NiCd cells due to its rechargeability. Additionally, adoption of cadmium in the paintings and coating sector owing to its ability to create bright yellow and orange colors is also expected to rise demand of the product.

Cadmium also denoted as Cd, is a soft white colored and ductile metal that is obtained as a by-product in the process of zinc refining from its zinc carbonate ore. This chemical element is a heavy metal and has similar properties such as a lower melting point compared to mercury. The substance is resistant to corrosion and insoluble in water, which makes it an optimum solution for plating other metals that rust easily, such as iron. 

Click the link to get a Sample Copy of the Report:@ https://www.reportsanddata.com/sample-enquiry-form/5321

The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Cadmium Market is expected to rise in the coming years.

Major companies in the market include:
Mitsui Mining and Smelting Co. Ltd. (Japan)
Korea Zinc Co. Ltd. (South Korea)
Huludao Zinc Industry Co. Ltd. (China)
Yunnan Luoping Zinc & Electricity Co. Ltd. (China)
Toho Zinc Co. Ltd. (Japan)
Nyrstar N.V. (Belgium)
Grupo México (Mexico)
Dowa Metals and Mining Co. Ltd. (Japan)
Chelyabinsk Zink Plant JSC (Russia)
Industrias Penoles S.A. de C.V. (Mexico)

To Get Inquire Before Buying@ https://www.reportsanddata.com/inquiry-before-buying/5321

Type (Revenue, USD Million; 2019-2030)
Primary Cadmium
Secondary Cadmium

Application/ End Use Outlook (Revenue, USD Million; 2019-2030)
NiCd Battery
Pigments
Coatings
Others

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/5321

Significant Features that are under Offering and Key Highlights of the Reports:

- Detailed overview of the Cadmium Market

- Changes in industry market dynamics

- Detailed market segmentation by type, application, etc.

- Historical, current and projected market size in terms of quantity and value

- Recent industry trends and developments

- Competition situation of Cadmium Market

- Key companies and product strategies

- Potential niche segment/region showing promising growth.

Finally, the Cadmium Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

Browse more reports

Medical Polytetrafluoroethylene (PTFE) Market: https://www.globenewswire.com/news-release/2019/03/26/1768584/0/en/Medical-Polytetrafluoroethylene-PTFE-Market-To-Reach-USD-504-24-Million-By-2026.html

Geotextile Market: https://www.globenewswire.com/news-release/2019/04/09/1799911/0/en/Geotextile-Market-To-Reach-USD-11-86-Billion-By-2026-Reports-And-Data.html

Advanced Phase Change Materials Market: https://www.globenewswire.com/news-release/2019/04/10/1802206/0/en/Advanced-Phase-Change-Material-Market-To-Reach-USD-3-75-Billion-By-2026-Reports-And-Data.html

Contact Us:
Nikhil Morankar
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs | Facebook

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.