Press release
Zinc Market Set to Reach $41.76 Billion by 2029 with 7.6% Yearly Growth
Zinc
The escalation in the zinc market can be accredited to the expansion of various heavy-duty industries in developing nations like China and Peru. This expansion is a direct result of upsurging population figures and infrastructural development in these countries. The term 'population' defines the total count of individuals residing in a certain area or country. The most extensive application of zinc is observed in the process of galvanization, which prevents iron and steel from succumbing to rust. For example, in June 2022, data from Worldometer, a US-based website providing various real-time statistics, stated that China's population stands at 1,450,341,718. Consequently, the population surge is a key driving force behind the thriving zinc market.
Get Your Zinc Market Report Here:
https://www.thebusinessresearchcompany.com/report/zinc-global-market-report
What growth opportunities are expected to drive the zinc market's CAGR through 2034?
The size of the zinc market has seen robust growth in the past few years. It is projected to expand from $28.82 billion in 2024 to $31.15 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. The historical growth can be credited to the increase in galvanization in the construction sector, the ascent of the automotive industry, applications in batteries and alloys, as well as uses in healthcare, pharmaceuticals, and the field of metal coatings and protection.
The dimensions of the zinc market are predicted to exhibit vigorous expansion over the next few years. The market is slated to reach $41.76 billion by 2029, growing at a compounded annual growth rate (CAGR) of 7.6%. The acceleration within the forecasted timeframe would be due to factors such as escalations in infrastructure and construction, renewable energy storage, electrified transportation including electric vehicles (EVs), health and wellness trends, and a rebound in the global economy. Key trends for this period involve zinc's incorporation as a nutritional supplement, market proliferation into emerging regions, utilization of zinc alloys in manufacturing processes, zinc recycling efforts, and the use of zinc in health and well-being products.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6841&type=smp
What are the emerging trends shaping the future of the zinc market?
Key players in the zinc market, such as Imprint Energy Inc., are turning their efforts towards the creation of innovative solutions like zinc-based battery technology. This kind of technology involves using zinc as a critical element in the making and electrochemical reactions of batteries. For example, Imprint Energy Inc., a US company specializing in zinc-battery manufacturing, unveiled its 'ZinCore' zinc-based battery technology in January 2022. This innovation increases portable power capabilities and paves the way for revolutionary designs in IoT products and mobile connectivity spheres. With ten times the power of Imprint's earlier ZincPoly battery, enclosed in the same volume, ZinCore batteries meet the requirements of 5G radios while accommodating wider temperature ranges.
Which growth-oriented segments of the zinc market are leading the industry's development?
The zinc market covered in this report is segmented -
1) By Type: Construction, Transport, Consumer Goods, Electrical Appliances, And General Engineering
2) By Mining Type: Underground Mining, Surface Mining
Subsegments:
1) By Construction: Galvanized Steel, Zinc Coatings
2) By Transport: Automotive Components, Aerospace Applications
3) By Consumer Goods: Household Appliances, Zinc-Based Batteries
4) By Electrical Appliances: Wiring And Connectors: Electronic Components
5) By General Engineering: Mechanical Parts, Corrosion Resistance Applications
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6841
Which region dominates the zinc market?
Asia-Pacific was the largest region in the zinc market in 2024. The regions covered in the zinc market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the zinc market?
Major companies operating in the zinc market include Glencore plc, Jiangxi Copper Corporation, Hechi Jinchuan Group Co. Ltd., Zijin Mining Group Co. Ltd., Tongling Nonferrous Metals Group Holding Co. Ltd., Vedanta Resources plc, Teck Resources Limited, Boliden AB, Korea Zinc Company Ltd., Hindustan Zinc Limited, Kaz Minerals plc, Boliden AB, Chihong Zinc & Cadmium Co. Ltd., Hudbay Minerals Inc., Jinchuan Group, Yunnan Yunxi Zinc Industry Group Co. Ltd., MMG Limited, Tevali Mining, China Nonferrous Metal Corporation, Nyrstar NV, Hunan Nonferrous Metals Corporation, Ivanhoe Mines Limited
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=6841&type=smp
What Is Covered In The Zinc Global Market Report?
•Market Size Forecast: Examine the zinc market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the zinc market for a structured understanding.
•Key Players Overview: Analyze major players in the zinc market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the zinc market.
•Segment Contributions: Evaluate how different segments drive overall growth in the zinc market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the zinc market.
•Industry Challenges: Identify potential risks and obstacles affecting the zinc market.
•Competitive Landscape: Review strategic developments in the zinc market, including expansions, agreements, and new product launches.
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Zinc Market Set to Reach $41.76 Billion by 2029 with 7.6% Yearly Growth here
News-ID: 3913803 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Zinc
Zinc Chemicals Market 2023 : Industry Trends, Top Players And Outlook 2032 | U.S …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per the zinc chemicals market report by The Business Research Company, the rapid growth of the automotive industry is expected to drive the zinc chemicals market. The automotive sector includes businesses involved in the manufacture, distribution, retail, and upkeep of automobiles. Zinc is the most…
Paint Grade Zinc Dust market: Players tapping Emerging Markets | EverZinc, US Zi …
"The global Paint Grade Zinc Dust Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Paint Grade Zinc Dust Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
Paint Grade Zinc Dust market: Players tapping Emerging Markets | EverZinc, US Zi …
"The global Paint Grade Zinc Dust Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Paint Grade Zinc Dust Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
Inorganic Zinc Chemicals Market Participants TOHO ZINC CO., LTD. Zinc Nacional S …
Inorganic Zinc Chemicals Market: Overview
Zinc is an essential mineral for one’s mental and physical well-being through helping in simple cellular function, and therefore, in the proper functioning of the reproductive organs. Zinc also aids to deter common skin irritations and strengthen the immune system. Zinc cannot be easily absorbed by the body without being attached to other substances, due to which supplemental zinc in the form of inorganic and non-chelated…
Global Inorganic Zinc Chemicals Market 2018 : US Zinc, Zochem, Umicore, Zinc Nac …
This report studies Inorganic Zinc Chemicals in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
- US Zinc
- Zochem
- Umicore
- Zinc Nacional
- ISKY
- Xinxin Chemical
- Bohigh
. .
– Get Sample…
Zinc Oxide Market Research Report Analysis 2018 – 2023 Top Leading Players - A …
The Global Zinc Oxide Market is segmented by the Process, Application, End-Use Industry and Region.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/6104
On the Basis of the Process, the Global Zinc Oxide Market is segmented into the direct process (American process), indirect process (French process), wet chemical process, laboratory process, and others. French process held the larger share of the Global Zinc Oxide Market in 2017 owing to its high purity yield, which…
