Market Overview:
The global Zinc Dust market is estimated to be valued at US$1,479.7 million in 2021 and is expected to reach US$ Mn by 2022 with a CAGR of 3.7% during the forecast period of 2023-2030, according to a report published by Coherent Market Insights. Zinc dust is a fine powdered form of zinc, widely used in various industries for its superior anti-corrosive properties. With the increasing need for effective corrosion protection in applications such as coatings, paints, rubber, and chemical products, the Zinc Dust market is expected to witness significant growth.
Market Key Trends:
One key trend in the Zinc Dust market is the growing demand from the automotive industry. Zinc dust is extensively used in the automotive sector for cathodic protection, mainly in the production of anti-corrosive coatings for vehicle parts and structures. The rising demand for lightweight vehicles and the need to enhance the durability and longevity of automotive components are driving the adoption of zinc dust. For instance, zinc dust is used in the manufacturing of galvanized steel, which is widely used in automotive body panels. This trend is expected to propel the market growth of Zinc Dust during the forecast period.
Porter's Analysis:
- Threat of New Entrants: The entry barriers for new players in the Global Zinc Dust Market are moderate. Established players have strong distribution networks and brand recognition, making it challenging for new entrants to gain market share. Additionally, the capital-intensive nature of zinc dust manufacturing processes further limits the entry of new players.
- Bargaining Power of Buyers: Buyers in the Zinc Dust market have moderate bargaining power due to the presence of numerous suppliers in the market. However, the critical anti-corrosion properties of zinc dust make it an essential component for various industries, giving buyers limited power to negotiate prices.
- Bargaining Power of Suppliers: Suppliers of zinc dust have moderate bargaining power due to the availability of alternative sources of zinc. However, the industry's concentration is relatively high, with a few key market players dominating the market, which can influence the supply chain dynamics.
- Threat of New Substitutes: The threat of new substitutes in the Zinc Dust market is low. Zinc dust has unique anti-corrosive properties that are difficult to replicate with alternative materials. Therefore, the demand for zinc dust is expected to remain stable despite the availability of substitute products.
- Competitive Rivalry: The competitive rivalry in the Zinc Dust market is intense. Key players are actively engaged in research and development activities to develop innovative products and gain a competitive edge. Market players are also focusing on strategic collaborations and mergers to expand their market presence and enhance their product offerings.
Key Takeaways:
- The global Zinc Dust market is expected to witness high growth, exhibiting a CAGR of 3.7% over the forecast period, driven by the increasing need for corrosion protection. Zinc dust's excellent anti-corrosion properties make it a preferred choice in industries such as coatings, paints, rubber, and chemicals.
- Asia Pacific is the fastest-growing and dominating region in the Zinc Dust market. The region's rapid industrialization, booming construction sector, and increasing automotive production are contributing to the high demand for zinc dust in this region.
- Key players operating in the global Zinc Dust market include EverZinc, S. Zinc, Numinor Chemical Industries Ltd., Hanchang, Silox India Private Limited, Metal Powder Company Limited (MEPCO), Toho Zinc Co., Ltd., Hakusui Tech Co., Ltd., Pars Zinc Dust Manufacturing Co. (PZD), and Jiangsu Shenlong Zinc Industry Co., Ltd. These players are focusing on expanding their market presence through product innovation and strategic partnerships.
In conclusion, the Zinc Dust market is poised for substantial growth, fueled by the increasing need for corrosion protection across various industries. The automotive industry's demand for zinc dust for anti-corrosive coatings is a significant trend driving market growth. With its unique anti-corrosion properties, the Zinc Dust market is expected to witness strong demand, especially in the Asia Pacific region, during the forecast period.
The latest trending report Global Zinc Dust Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Zinc Dust market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.4% in the forecast period of 2020 to 2025 and will expected to reach USD 1468.2 million by 2025, from USD 1282.2 million in 2019.The Zinc Dust market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/17351-zinc-dust-market-analysis-reportMarket segmentationZinc Dust market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Zinc Dust market has been segmented into Chemical Grade, Paint Grade, etc.By Application, Zinc Dust has been segmented into Chemical Industry, Paint Industry, Pharmaceutical Industry, Other, etc.Regions and Countries Level AnalysisRegional analysis is another highly comprehensive part of the research and analysis study of the global Zinc Dust market presented in the report.
This section sheds light on the sales growth of different regional and country-level Zinc Dust markets.
For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Zinc Dust market.The report offers in-depth assessment of the growth and other aspects of the Zinc Dust market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
Crash Spare Parts Front Brake Disc(Rotor) to get OE#424924 Classification: Brake Disc Origin: Shandong, China.Machining: Turning, grinding Color: Gray, ebony, metal, gold.Brand: Confidential label, customized label.Transport Package: Box, carton, pallet, many.Anti-rust Methods: Oiled, coated, coated, zinc dust.Materials: Gray Iron, High Carbon, G3000, GG15HC, DIN, SAE.Accreditation: IATF16949, ISO14001, ISO45001, ECE R90, AMECA.Principal Market: South America, United states, Eastern Europe.Being some sort of world leading professional brake pieces manufacturer, Winhere produces more than 55 million units regarding brake discs and TEN million sets of brake pads annually for OEM as well as IAM.96%+ car parc policy of brake discs and brake pads from your to Z for the two passenger cars and financial vehicles.IATF16949, ISO14001, ISO45001, ECE R90, CNAS certificated.Nation's Green Manufacturer and China’s Champ Enterprise awarded by M. I. I. T. and C. F. I. E.Nation's Standard of “Brake Compact disk for Automobile” GB/T 34422-2017 is led by National Quality Supervision and Inspection Heart for automobile parts, Winhere may be the responsible drafting company for this national standard.100% critical dimensions, runout and DTV examination Material physical and inorganic inspection Test shear durability, compressibility, density, flatness and parallelism Test performance along with noise/NVH Being a globe leading professional brake segments manufacturer, Winhere produces over 55 million units involving brake discs and TEN million sets of brake pads annually for OEM as well as IAM.96%+ car parc policy of brake discs and brake pads coming from a to Z for both passenger cars and financial vehicles.IATF16949, ISO14001, ISO45001, ECE R90, CNAS certificated.Country wide Green Manufacturer and China’s Champ Enterprise awarded by M. MY SPOUSE AND I. I. T. and D. F. I. E.Nation's Standard of “Brake Cd for Automobile” GB/T 34422-2017 is actually led by National Top quality Supervision and Inspection Facility for automobile parts, Winhere is the responsible drafting company with this national standard.
Searching for Zinc Dust manufacturer in India?
If yes, then you can trust Vishnupriya Chemicals Pvt.
The company has realized that zinc dust is used in various processes.
With that realization, they have become one of the companies who produce the best quality zinc dust.
