Zinc Market - Global Industry Analysis 2014 - 2018 and Forecast 2019 - 2029

Zinc  Market
  • To Be Published : Nov-2020 |
  • Status : Work in progress |
  • Format : Zinc  Market Zinc  Market Zinc  Market Zinc  Market

Zinc Market: Introduction-

Zinc is a lustrous metal which is bluish-white in appearance. Most of the minerals contain zinc in varying amount. Zinc has almost 55 mineralized forms including the likes of smithsonite (ZnCO3), zinc sulfide (ZnS), among others. Powdered zinc is explosive in nature. Zinc is a versatile element for most of the physiological processes and therapeutic application Zinc is also considered as a drug or as a health supplement. Apart from medicinal application zinc also has various application in the market such as galvanization, chemicals and other.

Zinc Market: Dynamics-

Metallurgy industry is considered to be majorly driving the zinc market. Zinc is excessively consumed for the galvanization of steel and other metals in the production of automotive parts, among its other applications. Furthermore, die cast alloys and other alloys also widely consume in various application such as automotive parts, food packaging and others to provide smooth surface finish which leads to upsurge the demand for zinc. Even, many automotive manufacturer are increasing their production capacity due to increasing demand for automotive vehicles which likely to augment the demand for zinc from automotive and other end-use industry. Rising urbanization coupled with increasing population leads to an upsurge in the construction of affordable housing areas across geographies. This leads to an increase in the demand for galvanized steel, iron and other metals for construction purpose. This is expected to pose steady year on year demand for zinc throughout the forecast period. The therapeutic advantages of zinc have been widely studied and ongoing research is anticipated to commercialize in the near future. Hence, nutraceutical sector is also expected to generate monetary gains for manufacturers operating in the business. This is further supported by the increasing consumer awareness pertaining to the health benefits of several materials including zinc. Zinc is used in corrosion protection of metal surfaces. Hence, the increasing production and consumption of consumer electronics and power grids is escalating the market growth of zinc. The increasing demand of zinc in most of the niche applications is anticipated to add significant value to the zinc market in the long term.

However, stringent government rules and regulation on the production of zinc are noted to cause setbacks in the large scale supply of zinc in the market. The hazardous effects of zinc when it comes in direct human contact leads to the strict monitoring of its production activities. The price fluctuations of zinc also acts as a significant reasons in hindering the market growth of zinc.

Zinc Market: Segments-

The global Zinc Market can be segmented on the basis of purity grade and its applications

Based on purity grade, the global Zinc Market can be segmented as mentioned below:

  • Technical Grade
  • Pharma Grade

Based on application, the global Zinc Market can be segmented as mentioned below:

  • Pharmaceutical ingredients
  • Galvanization
  • Chemical intermediate
  • Rubber
  • Fertilizer ingredient
  • Others

Based on end-use, the global Zinc Market can be segmented as mentioned below:

  • Pharmaceutical
  • Automotive
  • Chemical
  • Agrochemicals
  • Others (metal & fabrication) 

Zinc Market: Regional Overview –

Asia Pacific region is expected to grow at significant rate in the market of zinc due to the growing end-use industry such as automotive, construction and consumer goods which will create a positive impact on the zinc market in this region. For instance, on-going reformation of the steel industry and adherence to forthcoming IS277 coating standards codes for zinc consumption in India. North America accounts for a substantial proportion of zinc market due to increasing importance of micronutrients in health and nutrition. Countries in Europe such as Germany, Russia, UK and other the increasing production of passenger vehicles is likely to drive the demand for zinc. Whereas Latin America and Middle East & Africa represent moderate growth in the zinc market due to the relatively slower growth in end-use industries 

Zinc Market: Key Market Participants

Some of the key market participants in the market of Zinc are as follows:-

  • Glencore
  • Hindustan Zinc
  • Korea Zinc Co., Ltd.
  • Nyrstar
  • Teck Resources Limited
  • Korea Zinc Co. Ltd.
  • Glencore Xstrata
  • Nexa Resources S.A.
  • Boliden
  • Shaanxi Nonferrous Metals
  • Teck
  • China Minmetals Corp 

 The report covers exhaustive analysis on,-

  • Zinc Market Segments
  • Zinc Market Dynamics
  • Zinc Market Size
  • Zinc Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Zinc Market
  • Competition & Companies involved in Zinc Market
  • The technology used in Zinc Market
  • Value Chain of Zinc Market

The Regional analysis includes,-

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • The Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Zinc Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with Zinc Market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Report Highlights-

  • A detailed overview of the parent market
  • Changing Zinc Market dynamics in the industry
  • In-depth Zinc Market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • The competitive landscape in Zinc Market
  • Strategies of key players and products offered in Zinc Market
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Zinc Market performance
  • Must-have information for market players to sustain and enhance their market footprint
Back To Top