Press release
Zinc Market worth $48.57 billion by 2030, growing at a CAGR of 4.97% - Exclusive Report by 360iResearch
The "Zinc Market by Form (Powder, Resin, Sheet), Grade (High-Grade, Intermediate Grade, Prime Western), Production Method, Application, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Zinc Market to grow from USD 34.59 billion in 2023 to USD 48.57 billion by 2030, at a CAGR of 4.97%.
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Zinc is a metallic element with the atomic number 30 and the symbol Zn. It is essential for human health as a trace dietary mineral and is used extensively in industrial applications. Zinc's anti-corrosive properties make it ideal for galvanizing iron and steel. It is used in the manufacturing of alloys such as brass, and in the production of batteries, die-casting for the automotive industry, and in the formulation of various chemicals and pharmaceuticals. The primary drivers include the extensive use of metal in the steel industry for galvanization and in the growth of the automotive and construction sectors, where zinc is used in various applications. Increasing demand from emerging economies for infrastructure development propels their adoption. Technological advancements leading to the development of new applications for zinc in semiconductors and agricultural products offer substantial growth opportunities. Restraints involve environmental concerns associated with mining and production processes, which are energy-intensive and can result in substantial pollution. This has led to stringent regulations that may impede their adoption. Fluctuations in the availability of zinc ore deposits and the potential for substitutes for galvanized steel present challenges. Moreover, ongoing research into zinc's potential use in renewable energy storage and zinc-air batteries is expected to extend new opportunities. Global efforts toward sustainable development and the recycling of zinc products are anticipated to alleviate environmental impact and establish a more resilient supply chain for the industry.
Market Segmentation & Coverage:
This research report categorizes the Zinc Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Form, market is studied across Powder, Resin, and Sheet. The Resin is projected to witness significant market share during forecast period.
Based on Grade, market is studied across High-Grade, Intermediate Grade, Prime Western, and Special High-Grade. The Intermediate Grade is projected to witness significant market share during forecast period.
Based on Production Method, market is studied across Hydrometallurgical and Pyrometallurgical. The Hydrometallurgical is projected to witness significant market share during forecast period.
Based on Application, market is studied across Batteries and Galvanizing. The Galvanizing is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Agricultural, Automotive, Construction, Manufacturing, and Pharmaceuticals. The Automotive is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.12% in 2023, followed by Americas.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Zinc Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Zinc Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Zinc Market, highlighting leading vendors and their innovative profiles. These include Advance ZincTek, Akrochem Corporation, BHP Group Ltd., Boliden Group, Everzinc Group, Glencore PLC, Global Chemical Co., Ltd., Grupo México, S.A.B. de C.V., Hindustan Zinc Limited, Hudbay Minerals Inc., Huludao Nonferrous Metals Group Co. Ltd., Korea Zinc Company, Ltd., Lanxess AG, MMG Ltd., NEXA RECURSOS MINERAIS S.A., Nyrstar, Old Bridge Chemicals, Inc., Padaeng Industry Public Company Limited, Rubamin Pvt. Ltd., Silox India Pvt Ltd, Teck Resources Limited, Umicore N.V., Votorantim SA, Youser Shaanxi Non-ferrous Metals Holding Group Co., Ltd., and Zochem, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Zinc Market, by Form
7. Zinc Market, by Grade
8. Zinc Market, by Production Method
9. Zinc Market, by Application
10. Zinc Market, by End-User
11. Americas Zinc Market
12. Asia-Pacific Zinc Market
13. Europe, Middle East & Africa Zinc Market
14. Competitive Landscape
15. Competitive Portfolio
16. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Zinc Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Zinc Market?
3. What is the competitive strategic window for opportunities in the Zinc Market?
4. What are the technology trends and regulatory frameworks in the Zinc Market?
5. What is the market share of the leading vendors in the Zinc Market?
6. What modes and strategic moves are considered suitable for entering the Zinc Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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