Galvanizing Market - Forecast (2022 - 2027)

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Galvanizing MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Galvanizing market size is forecast to grow at a
  CAGR of 4.9 during 2022-2027. Galvanization is
  the process of providing abrasion resistance to
  the metals such as iron or steel by using a zinc
  coating to prevent rusting.
• Rusting reduces the overall lifespan of the
  metals by reducing the tensile strength and
  making the outer appearance unpleasant of the
  metal.
• Galvanization can be done through different
  processes such as hot-dip galvanization and
  electro-galvanization, which are the most common
  galvanizing methods.

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• Key Takeaways
• North America dominates the galvanizing market
  owing to the rising growth and increasing
  investments in the construction industry.
• The rise in the adoption of galvanizing
  technology in the transportation industry due to
  its non-corrosive properties is estimated to
  surge the market growth.
• The increasing demand for zinc coating in various
  industries such as the wind and solar energy
  industry with properties such as anti-rust and
  tensile strength will drive the growth of the
  galvanizing market in the forecast period.

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Galvanizing Market Segment Analysis By
Geography North America dominated the
galvanizing market with a share of 45 in 2021,
owing to the increasing building and construction
activities in the countries such as the USA,
Canada, and Mexico. North America region is
expected to see significant growth in the market
during the forecast period, with the increasing
number of automobiles and construction projects
and growing demand for appliances. For instance,
according to World Bank Organization, the
building and construction industry reached US
11.9 trillion in 2020, with an increase of about
4.2 from 2019. In the USA, the application of
galvanizing is increasing, such as in washing
machines, computer parts, air conditioning
housings, hairdryers, and others.
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• Galvanizing Industry Outlook
• ArcelorMittal
• AZZ Inc
• A.K. Steel Corporation
• Nucor
• Baosteel Co. Ltd
• HBIS Group
• Nippon Steel Sumitomo Metal Corporation
• Valmont Industries Inc
• Gerdau S.A.
• Posco

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Galvanizing Market-Forecast ( 2022-2027) Learn
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.com/Research/Galvanizing-Market-Research-503218
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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