Zinc Chemicals Market

As per Market Research Future Analysis, the Global Zinc Chemicals Market is projected to reach USD 12.5 Billion by 2030, with a CAGR of 4.29% from 2022 to 2030. The market is driven by extensive applications in automotive, agriculture, construction, petrochemicals, paints, coatings, and rubber processing industries. The rubber processing sector is a significant consumer due to rising demand for galvanization and tire manufacturing. Increased investments in the automotive industry and pharmaceutical applications are also contributing to market growth. However, reduced use in paints and coatings has negatively impacted the market. The galvanization process remains a key driver for growth, as it protects metals from corrosion and reduces manufacturing costs. Regionally, Asia Pacific leads the market, driven by population growth and rising disposable incomes, particularly in India and China. North America follows, supported by major automobile manufacturers and government investments in infrastructure. Europe shows strong demand from the healthcare and cosmetic sectors.

U.S. Zinc (U.S.), GHC (Canada), Weifang Longda Zinc Industry (China), Hakusuitech co. Ltd (Japan), American Chemet Corporation (U.S.), Rubamin (India), Zinc Oxide LLC (US), Akrochem corporation (U.S.), BrügemannGruppe (Germany)

November 2021:

One of the leading market players, Gelion Plc has been involved in the research and development of storage products, especially Zinc bromide batteries. These batteries are gaining momentum in recent times, as Zinc bromide gels are considered safer and last longer compared to other storage options. Zinc bromide gels are also cheaper compared to the lithium batteries that are dominant in the industry. Moreover, they are highly environmentally sustainable and significantly eliminate a large part of engineering works and temperature control elements to control fire hazards. 

 October 2021:

Zinc Nacional which is a leading provider of Zinc compounds globally, has declared its plans regarding expanding its production capacity and aims to develop the existing facility in Mexico by building a French process whose capacity is 7000 tons per year. The company targets applications from the end-user industries like tire, rubber, lubricant, and chemical industries. 

Intended Audience

• Zinc Chemicals  market manufacturers
• Traders and Distributors of Zinc chemicals market
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory