Press release
Zinc Alloys Market is valued at USD 9.8 billion in 2024 and is projected to reach USD 13.9 billion by 2030
Zinc Alloys Market
The Zinc Alloys Market is growing steadily due to rising demand from automotive, electrical & electronics, construction, aerospace, consumer goods, and industrial machinery sectors. Zinc alloys-primarily Zamak (Zn-Al-Mg), ZA alloys, and zinc-copper-titanium blends-are widely used in die casting, galvanization, precision components, and structural applications due to their high strength, corrosion resistance, dimensional stability, and cost efficiency.
The global zinc alloys market is valued at USD 9.8 billion in 2024 and is projected to reach USD 13.9 billion by 2030, growing at a CAGR of 5.9% during 2024-2030. Growth is driven by increased use of zinc die-cast parts in automotive components, expansion of infrastructure projects, and rising adoption of durable zinc alloy materials in industrial applications.
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Market Growth (2024-2030)
• Market Size 2024: USD 9.8 billion
• Market Size 2030: USD 13.9 billion
• CAGR: 5.9%
Asia-Pacific dominates the market due to rapid industrialization, strong automotive production, and the presence of large casting foundries in China, India, South Korea, and Southeast Asia.
Key Market Drivers
• Increasing use of zinc die-cast components in automotive parts such as housings, brackets, locks, and carburetor components
• Strong demand from the construction sector for plumbing fixtures, architectural hardware, and galvanized materials
• Rising production of electrical & electronic components, including connectors, terminals, and housings
• Growth in consumer goods manufacturing (zippers, buttons, fasteners, hardware)
• Expansion of industrial machinery requiring high-strength, corrosion-resistant alloys
• Preference for recyclable and cost-effective materials over expensive copper and aluminum parts
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Market Segmentation
By Type
• Zamak (Zinc-Aluminum Alloys)
o Zamak 2
o Zamak 3
o Zamak 5
o Zamak 7
• ZA Alloys (Zinc-Aluminum-Copper)
• Zinc-Copper Alloys
• Zinc-Titanium Alloys
• Others (Specialty Foundry Alloys)
By Manufacturing Process
• Die Casting
• Gravity Casting
• Sand Casting
• Continuous Casting
• Injection Molding (Zinc-based alloys)
By Application
• Automotive Components
• Electrical & Electronics
• Industrial Machinery
• Construction & Architectural Hardware
• Consumer Goods & Appliances
• Packaging & Fasteners
• Aerospace Components
• Decorative Hardware
By End-Use Industry
• Automotive
• Electrical & Electronics
• Construction
• Consumer Goods
• Machinery & Tools
• Aerospace & Defense
• Furniture & Home Hardware
• Industrial Manufacturing
By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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Key Market Trends
• Growing use of Zamak alloys for high-precision, thin-walled, complex industrial components
• Rising shift toward zinc alloy die casting in EV (electric vehicle) parts due to lightweighting requirements
• Increased adoption of zinc-titanium alloys in construction for long-lasting roofing and façade materials
• Advances in alloy formulations to enhance strength, corrosion resistance, machinability, and casting performance
• Growing focus on recyclability and circular economy, boosting zinc recovery and reuse
• Higher integration of zinc alloys in smart devices and electronic housings due to durability
Competitive Landscape
Leading companies operating in the Zinc Alloys Market include:
• Nyrstar
• Boliden Group
• Korea Zinc Co., Ltd.
• Mitsui Mining & Smelting Co.
• Hindustan Zinc Limited
• ILZSG (International Zinc Association Members)
• Ashok Leyland Foundry Suppliers
• Belmont Metals
• Dynacast International
• Chemetall GmbH
These companies focus on improving alloy properties, expanding production capacity, enhancing zinc recycling technologies, and developing specialty alloys for automotive and electronics applications.
Recent Developments
• Expansion of die-casting facilities in Asia-Pacific to support automotive and electronics demand
• Development of high-performance ZA alloys for industrial machinery
• Introduction of zinc-titanium architectural alloys for sustainable construction
• Increased investments in zinc recycling to reduce environmental impact
• New partnerships between automotive suppliers and alloy manufacturers for precision components
• R&D efforts focused on improving thermal and mechanical stability of zinc-based alloys
This report is also available in the following languages : Japanese (亜鉛合金市場), Korean (아연 합금 시장), Chinese (锌合金市场), French (Marché des alliages de zinc), German (Zinklegierungsmarkt), and Italian (Mercato delle leghe di zinco), etc.
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