Authored By: Sarah
25 Mar 2022

Zinc Market | Discover Top Trends and Drivers
Market Growth and Forecasts for 2021-2025

Accelerating at a CAGR of about 2%, the zinc market is expected to grow by post an incremental growth of 1.28 million tons over the next five years. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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Zinc Market: Market Segments and Key Trends

This report provides a detailed analysis of the market by End-user (Construction, Transportation, Consumer goods, and Others), Application (Galvanizing, Die casting, Brass and bronze, and Others), and Geography (APAC, Europe, North America, South America, and MEA). 70% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Zinc Market: Top Drivers to Boost Demand

The growing demand from developing countries is one of the primary factors that will drive the growth of the zinc market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.

Zinc Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Zinc Market: Competitive Landscape

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Boliden Group, Glencore Plc, Hindustan Zinc Ltd., Korea Zinc Co. Ltd., MITSUI MINING & SMELTING CO. LTD., MMG Ltd., Newmont Corp., Nyrstar NV, Teck Resources Ltd., and Votorantim SA are some of the major market participants. For more insights on this market: Download a Free Sample Report

Zinc Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive zinc market growth during the next five years
  • Precise estimation of the zinc market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the zinc market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of zinc market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of about 2%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by 1.28 mn tons through 2021-2025.

     
  3. What is a key factor driving this market?
    growing demand from developing countries will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    70% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Boliden Group, Glencore Plc, Hindustan Zinc Ltd., Korea Zinc Co. Ltd., MITSUI MINING & SMELTING CO. LTD., MMG Ltd., Newmont Corp., Nyrstar NV, Teck Resources Ltd., and Votorantim SA

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (Construction, Transportation, Consumer goods, and Others), Application (Galvanizing, Die casting, Brass and bronze, and Others), and Geography (APAC, Europe, North America, South America, and MEA)

Zinc Market Size to Grow by 1.28 Million Tons through 2021-2025

The zinc market is expected to grow by 1.28 million tons, accelerating at a CAGR of almost 2% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Zinc Market: Segmentation by End-user

This report provides a detailed analysis of the market by End-user (Construction, Transportation, Consumer goods, and Others), Application (Galvanizing, Die casting, Brass and bronze, and Others), and Geography (APAC, Europe, North America, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Zinc Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Zinc Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Boliden Group, Glencore Plc, Hindustan Zinc Ltd., Korea Zinc Co. Ltd., MITSUI MINING & SMELTING CO. LTD., MMG Ltd., Newmont Corp., Nyrstar NV, Teck Resources Ltd., and Votorantim SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The Gobal Zinc Market is expected to grow by 1286.00 th tons accelerating at a CAGR of about 2% during the forecast period. Although the materials industry is expected to witness mixed growth as a result of COVID-19, the impact of the pandemic on the market in focus is expected to remain POSITIVE. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report with COVID-19 Impact Analysis

"The growing demand from developing countries will drive the growth prospects for the Global Zinc Market in the forthcoming years. 70% of the market’s growth will originate from APAC during the forecast period", says senior research analyst for the Materials Industry at Technavio.

Zinc Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Zinc Market: End-userSegment Highlights

  • End-user Segmentation: Construction, Transportation, Consumer goods, and Others
  • The growing demand for zinc in producing galvanized steel, which is further used for manufacturing structural components in the construction industry, is expected to drive market growth. Zinc is used in manufacturing components such as balcony railing, building system frames, and architectural panels. 
  • The superior strength and corrosion resistance of galvanized steel make it suitable for the construction industry. Timber framing was a common method of residential construction. However, the low availability of timber and the increase in its cost have restricted its use in construction, making way for the use of galvanized steel.

Zinc Market: Competitive Analysis

  • The Zinc Market is concentrated due to the presence of several vendors.
  • Market vendors are focused on market expansion, and expansion of distribution networks.
  • Boliden Group, Glencore Plc, Hindustan Zinc Ltd., Korea Zinc Co. Ltd., MITSUI MINING & SMELTING CO. LTD., MMG Ltd., Newmont Corp., Nyrstar NV, Teck Resources Ltd., and Votorantim SA are some of the major market participants. Although the growing demand  will offer immense growth opportunities, the stringent regulations and policies may impede market growth.

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report 

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