The Zinc Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Zinc Market?
The historical growth trend in the Zinc Global Market Report 2025 market has seen a robust increase in recent years. In terms of market size, it is projected to surge from $28.82 billion in 2024 to $31.15 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Zinc Industry?
The Zinc Global Market Report 2025 anticipates that by 2029, the zinc market will expand to $41.76 billion, with a compound annual growth rate (CAGR) of 7.6%.
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What are the Key Growth Drivers Fueling the Zinc Market?
The key drivers in the zinc market are:
• Rising infrastructure and construction activities
• The growing need for renewable energy storage
• Increased use of electric vehicles and other transportation modes
• Health and wellness trends that utilize zinc
Global Market Segmentation: Identifying Major Zinc Industry Segments
The zinc market covered in this report is segmented –
1) By Type: Construction, Transport, Consumer Goods, Electrical Appliances, And General Engineering
2) By Mining Type: Underground Mining, Surface Mining
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What are the Emerging Trends Shaping the Future of the Zinc Market?
The key trends in the zinc market are:
• Focusing on the use of zinc as a dietary supplement is a major emerging trend.
• The zinc market is set to expand in developing regions.
• The application of zinc alloys in manufacturing is expected to shape the future market.
• Initiatives related to zinc recycling are taking center stage in the market.
Who Are the Top Competitors & Leading Players in the Zinc Market?
Major companies in the zinc market are:
• Glencore plc
• Jiangxi Copper Corporation
• Hechi Jinchuan Group Co. Ltd.
• Zijin Mining Group Co. Ltd.
• Tongling Nonferrous Metals Group Holding Co. Ltd.
• Vedanta Resources plc
• Teck Resources Limited
• Boliden AB
• Korea Zinc Company Ltd.
• Hindustan Zinc Limited
• Kaz Minerals plc
• Boliden AB
• Chihong Zinc & Cadmium Co. Ltd.
• Hudbay Minerals Inc.
• Jinchuan Group
• Yunnan Yunxi Zinc Industry Group Co. Ltd.
• MMG Limited
• Tevali Mining
• China Nonferrous Metal Corporation
• Nyrstar NV
• Hunan Nonferrous Metals Corporation
• Ivanhoe Mines Limited
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the zinc market in 2024
