Global Zinc Industry

Global Zinc Industry

  • April 2021 •
  • 366 pages •
  • Report ID: 5817845 •
  • Format: PDF
Abstract:
- Global Zinc Market to Reach 17.4 Million Tons by 2027
- Amid the COVID-19 crisis, the global market for Zinc estimated at 17.4 Million Tons in the year 2020, is projected to reach a revised size of 17.4 Million Tons by 2027, growing at a CAGR of 0% over the analysis period 2020-2027. Galvanizing, one of the segments analyzed in the report, is projected to record a 0.2% CAGR and reach 8.7 Million Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Die casting segment is readjusted to a revised -0.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 4.7 Million Tons, While China is Forecast to Grow at 0.5% CAGR
- The Zinc market in the U.S. is estimated at 4.7 Million Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 3.1 Million Tons by the year 2027 trailing a CAGR of 0.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.6% and -0.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately -0.5% CAGR.
- Brass & Bronze Segment to Record -0.1% CAGR
- In the global Brass & Bronze segment, USA, Canada, Japan, China and Europe will drive the -0.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of 2.5 Million Tons in the year 2020 will reach a projected size of 2.4 Million Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 2.2 Million Tons by the year 2027, while Latin America will expand at a 0.3% CAGR through the analysis period.

- Select Competitors (Total 123 Featured) -
  • BASF SE
  • Belmont Metals, Inc.
  • Eckart GmbH
  • Glencore International AG
  • Hindustan Zinc
  • Korea Zinc Co., Ltd.
  • Lanxess Corporation
  • Mitsubishi Materials Corporation
  • Nyrstar NV
  • Sakai Chemical Industry Co., Ltd.
  • Teck Resources Ltd.
  • Umicore NV/SA
  • Vedanta Resources PLC