The global demand for Zinc Metal Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Zinc is the 23rd most abounding material or element in the earth's crust. Zinc is essential to day-to-day life and, produced in tonnage, holds a fourth-place among all metals in world production. Zinc uses in a wide range of applications, from metal to rubber and medicines products. About 3/4th of zinc used is consumed as metal, mainly as a coating to protect iron and steel from corrosion, as alloying metal to make bronze and brass, as zinc-based die casting alloy, and as rolled zinc. The remaining 1/4th is consumed as zinc compounds mainly by the rubber, chemical, paint, and agricultural industries. Zinc is also a vital element for the individual growth and development of humans, animals, and plants; it is the second most common trace metal, after iron, naturally found in the human body.
With its ever-increasing areas of application, the global Zinc industry is projected to grow in the near future. China is the largest producer of Zinc, and contributes to about 1/3rd of the worldwide production. Increasing demand for Zinc in industries such as the manufacturing industry, pharmaceutical, automobiles, and others drives the growth of the zinc market. The property of Zinc also influences the use of Zinc like alloy products, galvanization products. The largest customer of galvanizing products is the automotive industry & construction industry.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of zinc metal.
The entire zinc metal market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Steel Industry
- Zinc Alloy
- Rolled Zinc
This section covers regional segmentation which accentuates on current and future demand for zinc metal market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Zinc Metal Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the zinc metal market include Korea Zinc Group, Nyrstar, Hindustan Zinc, Glencore Xstrata, Votorantim, Boliden, Shaanxi Nonferrous Metals, Teck, China Minmetals Corp., Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.