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Zinc Market: The global market is expected to grow at a CAGR of 10.83% during the forecasted period.

01-29-2024 01:37 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Zinc Market: The global market is expected to grow at a CAGR

As per the study initiated by Evolve Business Intelligence, the global Zinc Market size accounted for USD 34.18 billion in 2022, growing at a CAGR of 10.83% from 2023 to 2033. The zinc market plays a vital role in various industries due to the diverse range of applications of this versatile metal. Zinc, a bluish-white lustrous element, is widely used for its unique properties such as corrosion resistance, excellent electrical conductivity, and high malleability. With its extensive utilization across multiple sectors, including construction, transportation, consumer goods, and more, zinc has become an indispensable component in various products and manufacturing processes.

Zinc finds significant application in the galvanizing industry, where it is used as a protective coating for steel and iron structures, providing them with enhanced durability and preventing corrosion. Moreover, zinc's exceptional properties make it a preferred choice for die casting, a process used to manufacture intricate components for automotive, electronics, and construction sectors. Additionally, zinc compounds are employed in diverse sectors, such as pharmaceuticals, agriculture, and rubber industries, highlighting the versatility of this metal.

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Key Highlights:
• The global Zinc Market size was valued at USD 16.87 billion in 2022 growing at a CAGR of 10.83% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Zinc Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Zinc Market players holding high market shares include American Chemet Corporation, Changsha Lantian Chemical Co. Ltd., EverZinc and Flaurea Chemicals.These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• American Chemet Corporation
• Changsha Lantian Chemical Co. Ltd.
• EverZinc
• Flaurea Chemicals
• Global Chemical Co. Ltd
• Hakusui Tech
• Intermediate Chemicals Company
• Brügge¬mann GmbH & Co. KG
• Nexa
• Old Bridge Chemicals Inc.

Segmental Analysis
Market Segment By Form
• Power
• Sheet

Market Segment By End-Use Industries
• Construction
• Transportation
• Consumer Goods
• Others

Market Segment By Application
• Galvanizing
• Die Casting
• Others

For more information: https://evolvebi.com/report/zinc-market-analysis/

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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