PressPort logo

Growing demand for galvanized steel items is driving the global zinc market

Press release July 8, 2014 Zinc market price, zinc market outlook, zinc industry outlook

This industry report package offers the most up-to-date market data on the actual market situation, trends, and future outlook for zinc in the world and in the top 10 global countries.

The global zinc market is expected to grow substantially in the forecast period between 2014 and 2018, driven by the constant galvanization demands of huge steel structures requiring a zinc coating, particularly in the industrialized nations. Owing to the steady growth of the segment, industry experts have estimated that the sector would expand at a rate of 5.4% per annum in the next few years. The majority of the market share (about 74%) is dominated by non-alloyed unwrought zinc, while other forms of zinc account for the remaining market share. Zinc bars and rods, wire account for 1.8%, zinc sheets, plates and foil for 3.3%, zinc flaks and powders for 1.3%, zinc fittings, tubes and pipes for 1.6% of the market share and so on.

This report: Global Zinc Market to 2018 - Market Size, Top 10 Countries, Trends, and Forecasts focuses on the current market scenario, key market drivers and challenges. It also provides a detailed insight on the market outlook and key market regions thereby highlights the prospects of this market segment.

Key market drivers

According to the zinc market analysis, the segment would be driven by its numerous product and mechanical applications, mainly due to the malleability of this metal. This particular characteristic of zinc makes it immensely useful, especially in the manufacturing of dry cell batteries used to power wrist-watches, calculators and a series of military as well as aeronautical applications. The increasing demand for this metal is also due to that fact that it can be used to produce bronze and brass which are utilized in gutters, downpipes and roofing as various zinc sheet applications. Moreover, the fact that the metal does not alter its properties even after recycling, adds to its growing demand.

Key market regions

There has been a rising demand for zinc in several parts of the world including United States, China, India, South Korea and Germany. Encouraged by growing levels of urbanization, China has been governing this market, accounting for 46% of the world’s market share in 2013. However, it has been speculated that nations like Poland, Turkey, Romania, Slovakia and Portugal would also witness strong growth in the following years and become significant names in the global zinc markets.

Market challenges

Despite the prospective growth of the market, the segment is also expected to face certain challenges. As the commodity costs are low, exploration expenditure of zinc are expected to decline by 2020. Another reason for this is the drop in new discoveries alongside government regulations which restrict zinc from entering farms which aim to improve the air quality.

For further insights,

Visit: Growing demand for galvanized steel items is driving the global zinc market

About Research on Global Markets

Research on Global Markets is a leading source for market research on various sectors globally, offering premium research content from worldwide publishers of market research reports. Our database hosts premium market research content developed by global publishers. It offers premium industry research reports, company profiles and country briefs. We have a dedicated team of research professionals who can facilitate, in an unbiased manner, the process of identifying appropriate market research reports that are targeted to fulfill all your information-related requirements.

For more details on the content of each report and ordering information please contact:

Email: [email protected]

US: +1 800 986 6819

UK: +44 203 514 2363

India: +91 22 4098 7600



Zinc market price, zinc market outlook, zinc industry outlook