The global zinc dust market is estimated to be valued at US$ 369.15 Bn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Zinc dust is a fine powder produced by vaporizing and rapidly condensing zinc metal. It is widely used as a coating to protect iron and steel from corrosion. Zinc dust also finds applications in paints & coatings, rubber, ceramics, and batteries due to its rust inhibiting properties.
Market key trends:
One of the key trends in the zinc dust market is its increasing use in the electronics industry for production of printed circuit boards (PCBs). Zinc dust is used as an additive during the electrolytic copper plating process to form a protective layer over PCBs that enhances their corrosion resistance. The rising demand for consumer electronics has been driving the consumption of zinc dust for PCB manufacturing.
Segment Analysis:
The zinc dust market is segmented by application as chemicals, paints & coatings, agriculture, fertilizers, pharmaceuticals, aluminum alloys and others. The chemicals segment held the largest share in 2021 and is expected to continue its dominance during the forecast period. Zinc dust has wide applications in the production of zinc oxide, which is primarily used to manufacture rubber chemicals like vulcanizing agents and retarders. It is also used in the production of zinc chloride.
Key Takeaways:
The Global Zinc Dust Market Demand is expected to witness high growth, exhibiting a CAGR of 6.0% over the forecast period, due to increasing demand from the paints & coatings industry. Asia Pacific dominated the market in 2021 and is expected to continue its dominance during the forecast period. The regional growth is mainly driven by rising pharmaceuticals production in India and China.
Key players operating in the zinc dust market are 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. The market is fragmented with several regional and global players offering customized zinc dust products.
Regional analysis
Asia Pacific accounts for the largest share in the global zinc dust market, primarily driven by growing paints & coatings and chemicals industry in China and India. According to the statistics bureau of India, the Indian chemicals industry is estimated to reach $300 billion by FY2025 from around $178 billion in 2021, propelling the regional zinc dust demand.
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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.
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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.
