Press release
Zinc Market is expected to reach USD 86.58 billion by 2030 : Cognitive Market Research
Zinc Market is expected to reach USD 86.58 billion by 2030 : Cognitive Market Research
What is Zinc?
- Zinc is a chemical element with the symbol Zn and atomic number 30. It is a bluish-white, lustrous metal that is moderately reactive and has a low melting point. Zinc is the 24th most abundant element in the Earth's crust and is widely used in various industries, including construction, automotive, and electronics.
Summary:
The zinc market is expected to grow from USD 60.48 billion in 2022 to USD 86.58 billion by 2030, at a CAGR of 4.4%.
"To know more about The Zinc Market statistics click here: https://www.cognitivemarketresearch.com/zinc-market-report
Market Dynamics:
• Rising economic and industrial growth boost the demand for Zinc market
Zinc is widely used in construction, infrastructure, and automotive industries, all of which are closely linked to economic growth. As global economies expand, demand zinc increases, driving up prices. Zinc is also a key component in the production of galvanized steel, which is used in a variety of industrial applications. As industrial production increases, the demand for zinc also rises.
• Price volatility acts as a restraint of the Zinc market
The price of zinc is subject to significant volatility due to factors such as supply disruptions, changes in demand, and speculation in commodity markets. This can make it difficult for producers and consumers to plan for the future and can lead to significant price fluctuations.
• The rising adoption of infrastructure development will drive the Zinc market growth
Zinc is a key component in galvanized steel, which is widely used in infrastructure projects such as bridges, highways, and buildings. As countries around the world invest in infrastructure, the demand for zinc is likely to increase.
Zinc Market Segmentation:
Type
• Pure Zinc
• Zinc Alloy
• Others
Application
• Ship
• Car
• Bridge
• Others
The Major Players in Zinc Market are:
Korea Zinc Group, Nyrstar, Hindustan, Glencore Xstrata, Nexa Resources, Boliden, Shaanxi Nonferrous Metals, Teck, China Minmetals Corp, Noranda Income Fund, Rotometals, Minera Shouxin Peru, Compania Minera Milpo, Zincore Metals, Deutenberg, HATTLER & Sohn GmbH, U.S. Zinc, Ney MetalsAlloys, Chelyabinsk Electrolytic Zinc Plant, EKMEKCIOGULLARI, Accurate Perforating, AirMetals Inc, Clark Perforating, Fairview Architectural, RotoMetals, Umicore Technical Materials, Aldon Corporation, Eljen Technology, All Chemie, Rheinzink
Get free sample pages of the latest published Zinc Market Report:
https://www.cognitivemarketresearch.com/zinc-market-report/report_enquiry?id=4
News
- In March 2023
China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected after the central bank surprised markets last week by moving to lower the amount of cash banks must set aside as reserves.
Regional Analysis:
- Asia Pacific dominates the Zinc Market
Geographically, the global zinc market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. The Asia-Pacific region is the largest consumer of zinc in the world, accounting for a significant portion of global demand. China is the largest producer and consumer of zinc in the region and the world, followed by other countries such as India, Japan, and South Korea.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research Methodology Review Complete Research Methodology
Chapter 3 Executive Summary of Zinc Market
Chapter 4 Global Zinc Market Overview
• 4.1 Zinc Introduction
• 4.2 Global Zinc Market Statistics by Regions (2018-2030)
4.2.1 North America Zinc Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
4.2.2 Europe Zinc Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
4.2.3 Asia Pacific Zinc Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
4.2.4 Latin America Zinc Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
4.2.5 Middle East and Africa Zinc Market Share, Status and Prospect (2018 - 2030) and Value, Absolute & Opportunity Analysis
• 4.3 Global Zinc Market Size (2018-2030)
4.3.1 Global Zinc Revenue Status and Outlook (2018-2030)
• 4.4 Global Zinc Market Price Analysis by Regions (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Zinc Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Zinc Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Zinc Market Regional Analysis
Chapter 12 North America Zinc Market Outlook (2018 - 2030)
Chapter 13 Europe Zinc Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Zinc Market Outlook (2018 - 2030)
Chapter 15 Latin America Zinc Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Zinc Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about Zinc Market TOC click here: https://www.cognitivemarketresearch.com/zinc-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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