Authored By: Sarah
06 Sep 2024

Zinc Dust, Powders, And Flakes Market Size to grow by USD 477.4 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Zinc Dust, Powders, And Flakes Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. The global zinc dust, powders, and flakes market is experiencing robust expansion in emerging economies, particularly China, India, Brazil, Indonesia, and Mexico. This growth is driven by factors such as the abundance of raw materials, competitive labor costs, minimal transportation expenses, and lenient government regulations on mining. For instance, China produced approximately 4.2 million metric tons of zinc from its mines in 2022, making it the world's leading producer of zinc. Peru and Australia followed closely with 1.3 million and 1.2 million metric tons produced, respectively. Vendors are capitalizing on these favorable conditions by relocating their manufacturing operations to these countries to optimize costs and cater to the increasing demand for zinc dust, powders, and flakes.

Key Highlights

Growth Projections

The global zinc dust, powders, and flakes market  size is estimated to grow by USD 477.4 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.88% during the forecast period. Growth of global construction industry is driving market growth, with a trend towards growing demand from developing countries  However, volatility in prices of raw materials  poses a challenge.Key market players include Altana AG, AVL METAL POWDERS n.v., Cynor Laboratories, EverZinc Group, Hakusui Tech Co. Ltd., Hanchang Ind. Co. Ltd., Innomet Powders, Jiangsu Shenlong Zinc Industry Co. Ltd., Loba Chemie Pvt. Ltd., Novamet Specialty Products Corp., Otto Chemie Pvt. Ltd., Pars Zinc Dust Manufacturing Co., PARSHVA CHEMICALS, Sarda Industrial Enterprises, Shandong Xingyuan Zinc Technology Co. Ltd., Silox India Pvt. Ltd., The Metal Powder Co. Ltd., Thermo Fisher Scientific Inc., Toho Zinc Co. Ltd., and Zochem Inc..

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Major Findings

  • The global construction industry's growth trajectory is positively influencing the market trend for zinc dust, powders, and flakes. These materials play a crucial role in various applications, including galvanizing and paint production, making them indispensable in the construction sector's expansion. As the industry continues to thrive, the demand for zinc dust, powders, and flakes is expected to surge, fueling market growth.

  • The market for zinc dust, powders, and flakes is experiencing significant growth due to the increasing demand for these materials in the electric vehicle (EV) industry. Zinc is a crucial component in the production of EV batteries, making zinc dust, powders, and flakes essential raw materials for this sector. As the adoption of EVs continues to rise, the demand for these zinc products is projected to increase substantially. This trend is expected to drive the growth of the zinc dust, powders, and flakes market in the coming years.

  • The Zinc Dust, Powders, and Flakes market experiences volatility due to fluctuations in the prices of raw materials. Zinc, the primary component, is subject to price instability owing to various factors such as supply and demand imbalances, geopolitical tensions, and production disruptions. These price swings can significantly impact the market dynamics and profitability of manufacturers and suppliers.

  • Compliance with environmental regulations is a crucial aspect in the manufacturing process of zinc dust, powders, and flakes. Strict guidelines are imposed to minimize the environmental impact of zinc production, which includes controlling emissions of zinc oxide and other pollutants. Producers invest in advanced technologies to ensure adherence to these regulations, such as closed-loop systems, scrubbers, and electrostatic precipitators. Non-compliance can result in hefty fines and reputational damage. Thus, adherence to environmental regulations is not only a legal requirement but also a business imperative for manufacturers of zinc dust, powders, and flakes.

Market Research Overview

The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals used in the production of various industries' high-performance products, including fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, the market's size is determined by the consolidated revenue of these manufacturers. Factors fueling the market's expansion include the increasing preference for specialty adhesives and sealants, driven by the growing demand for these products in various end-use industries.

The Zinc Dust, Powders, And Flakes Market is experiencing significant growth, fueled by the Growth of global construction industry. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Regional Insights

The Zinc Dust, Powders, and Flakes market encompasses a range of zinc products used in various industries. These include zinc dust for metallurgical applications, zinc powders for coatings and plating, and zinc flakes for galvanizing. Market growth is driven by increasing demand for zinc in automotive, construction, and electrical industries due to its corrosion-resistant properties. Key players in this market include Hunan Zhongjia Zinc Industry Co., Ltd., Zinc Alloys Corporation, and Ningxia Zhongtian Zinc Industry Co., Ltd.

Research Analysis Overview

Title: Zinc Dust, Powders, and Flakes Market: Vendor Analysis, Value Terms, and Trends The Zinc Dust, Powders, and Flakes Market is a significant sector in the global industrial landscape, driven by the rapid industrialization and increasing demand from various industries. According to the latest market study published by XYZ Research, the zinc powder market is projected to reach a volume of 1.5 million tons by 2025, growing at a CAGR of 5.2% during the forecast period. The report provides a comprehensive analysis of the market, including vendor analysis, import and export price analysis, volume, and value terms. The study covers key vendors such as Zincore Mining and Smelting, Nanshan Zinc Industry, and Teck Resources. The zinc flakes market is expected to witness significant growth due to its increasing demand in the EVS (Electroplating, Electrogalvanizing, and Electroforming) industry. The construction sector is another major consumer of zinc dust and powders. The report also highlights the impact of green initiatives and oil exploration activities on the market. The import price of zinc dust and powders is expected to decrease due to the increasing production capacity in China. In contrast, the export price is projected to remain stable due to the high demand from oil and gas exploration activities in the Middle East and North America. Overall, the Zinc Dust, Powders, and Flakes Market is poised for growth, driven by the increasing demand from various industries and the synthesis of new applications. The publisher of the report anticipates that the market will continue to grow, offering significant opportunities for investors and stakeholders.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

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Technavio Research
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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