Zinc Market Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2024

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Zinc Market Research Report - Forecast to 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
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Zinc Market Research Report- Forecast to 2024
Zinc Market - Overview
The Global Zinc Market is projected to surpass
1,012 thousand tons in terms of volume during
20192024. The demand for zinc is primarily
driven by the high demand for corrosion
resistance coatings in metals and steels parts
used in the automotive and aerospace industries.
Zinc is also used for alloying metals such as
bronze and brass. In addition, zinc is used as a
corrosion resistance material in the buildings
and construction industry. The increasing use of
steel in construction activities is expected to
boost the demand for zinc during the forecast
period.
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Zinc Market Research Report- Forecast to 2024
Segmental Analysis
Based on Application, the global market has been
segmented into galvanizing, die casting, and
others. Galvanizing is the process of dipping
steel and metal in molten zinc to produce a
corrosion resistant layered coating of zinc-iron
alloy and zinc metal. During the process of
immersing steel in zinc, a metallurgical reaction
occurs between the iron in the steel and the
molten zinc, which creates a uniform thickness
around the part. Corrosion depreciates buildings,
rail track, and bridges, which is costly to
repair hence zinc coatings play a significant
role in maintaining the strength of steel and
metal structures, offering sustainability and
longevity, and reducing the maintenance cost.
According to the World Steel Association, the
global crude steel production reached 1,809.6
million tons in 2018, an increase of 4.59 as
compared to 2017. Thus, the increasing production
of steel is expected to surge the demand for zinc
during the forecast period. View Full Press
Release _at_ https//www.marketresearchfuture.com/rep
orts/zinc-market-8003
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Zinc Market Research Report- Forecast to 2024
Regional Outlook
The Asia-Pacific market is expected to exhibit
a healthy CAGR during the forecast period owing
to the growing electric vehicles industry. The
increasing demand for electric vehicles has
surged the application of zinc in the body parts.
Furthermore, the rise in investment in the
aerospace industry has increased the aircraft
production capacity, which is consequently
expected to boost the demand for zinc coatings in
the manufacturing of aircraft. For instance, in
December 2018, Boeing established its first 737
finishing plant in China to support the demand in
the region. The North American and Europe markets
are estimated to witness substantial growth in
terms of CAGR due to the expanding aerospace
industry in the US, Canada, the UK, and Germany.
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Zinc Market Research Report- Forecast to 2024
Major Players in this Research

• Zinc Market Prominent Players
• Korea Zinc Group (Korea)
• Nyrstar (Switzerland)
• Glencore Xstrata (Switzerland)
• Nexa Resources S.A.(Brazil)
• Boliden (Sweden)
• Shaanxi Nonferrous Metals (China)
• Teck (Canada)
• China Minmetals Corp (China)
• Old Bridge Chemicals(US)
• Zochem, Inc (US)

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