Zinc Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application
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Introduction
Zinc, a corrosion-resistant metal, is vital for galvanizing, die casting, and zinc salt production, with global resources estimated at 1.9 billion tons. The International Lead and Zinc Study Group projects a 1.8% decline in refined zinc production to 13.7 million tons in 2024 due to concentrate shortages, while consumption rises 1.8% to 13.8 million tons, yielding a 164,000-ton deficit. Galvanizing dominates demand, protecting steel in construction and automotive sectors, while die casting and salts serve industrial and chemical needs. The market faces supply constraints, driving price volatility and highlighting zinc’s critical role in infrastructure and manufacturing.
Market Size and Growth Forecast
The global Zinc market is projected to reach USD 25 billion to USD 27 billion in 2025, with a CAGR of 2% to 4% through 2030, expanding to USD 29 billion to USD 33 billion, driven by galvanizing demand and supply dynamics.
Regional Analysis
Asia Pacific: Expected at 3% to 5%, China leads in galvanizing. Trends focus on construction.
North America: Forecasted at 1% to 3%, the U.S. prioritizes die casting. Trends emphasize automotive.
Europe: Projected at 1% to 3%, Germany grows in galvanizing. Trends lean toward sustainability.
South America: Anticipated at 2% to 4%, Peru sustains mining. Trends favor exports.
Middle East and Africa: Expected at 2% to 3%, South Africa supplies zinc. Trends focus on cost efficiency.
Application Analysis
Galvanizing: Projected at 2% to 4%, it thrives on infrastructure. Trends shift to eco-friendly coatings.
Die Casting: Expected at 1% to 3%, it serves automotive. Trends favor precision.
Zinc Salt: Forecasted at 0% to 2%, it supports chemicals. Trends emphasize industrial use.
Key Market Players
Glencore: A global leader, Glencore excels in zinc mining.
Hindustan Zinc: An Indian giant, Hindustan dominates galvanizing.
Teck Resources: A Canadian firm, Teck targets supply.
Boliden: A Swedish player, Boliden refines zinc.
Nexa Resources: A Brazilian entity, Nexa serves die casting.
Shaanxi Non-ferrous: A Chinese firm, Shaanxi boosts output.
Yunnan Chihong: A Chinese leader, Yunnan prioritizes galvanizing.
Zhuzhou Smelter: A Chinese innovator, Zhuzhou refines zinc.
Guangxi Nandan: A Chinese entity, Guangxi sustains supply.
Baiyin Nonferrous: A Chinese player, Baiyin excels in smelting.
Huludao Zinc: A Chinese firm, Huludao targets industrial use.
Henan Yuguang: A Chinese leader, Henan serves multiple applications.
Nonfemet: A global entity, Nonfemet diversifies zinc.
Zijin Mining: A Chinese titan, Zijin integrates zinc.
Chifeng Zhongse: A Chinese firm, Chifeng refines zinc.
Porter’s Five Forces Analysis
Threat of New Entrants: Moderate, with mining and refining barriers.
Threat of Substitutes: Low, as zinc’s galvanizing role is unique.
Bargaining Power of Buyers: High, with construction firms demanding supply.
Bargaining Power of Suppliers: High, due to concentrate shortages.
Competitive Rivalry: Intense, driven by supply deficits and global players.
Impact of Tariff Conflicts on Supply Chain Localization
Tariff conflicts have accelerated localization in the Zinc market, reducing reliance on imported concentrates. U.S.-China tensions push North American firms to bolster domestic refining, aligning with die casting needs, while Europe sources locally for galvanizing. In Asia Pacific, China enhances regional production, cutting costs and ensuring supply stability. This shift demands investment in facilities and compliance, but it enhances resilience, supporting steady delivery amid supply constraints.
Market Opportunities and Challenges
Opportunities
Galvanizing Growth: Infrastructure boosts demand.
Automotive: Die casting expands with vehicles.
Supply Deficit: Price rises attract investment.
Sustainability: Eco-friendly zinc gains traction.
Emerging Markets: Asia offers potential.
Challenges
Concentrate Shortages: Supply limits production.
Regulation: Environmental rules raise costs.
Economic Flux: Construction may slow.
Volatility: Price swings challenge planning.
Competition: Global players vie for share.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Zinc Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Zinc by Region
8.2 Import of Zinc by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Zinc Market in North America (2020-2030)
9.1 Zinc Market Size
9.2 Zinc Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Zinc Market in South America (2020-2030)
10.1 Zinc Market Size
10.2 Zinc Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Zinc Market in Asia & Pacific (2020-2030)
11.1 Zinc Market Size
11.2 Zinc Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Asean
11.5.6 Australia
Chapter 12 Historical and Forecast Zinc Market in Europe (2020-2030)
12.1 Zinc Market Size
12.2 Zinc Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Zinc Market in MEA (2020-2030)
13.1 Zinc Market Size
13.2 Zinc Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Zinc Market (2020-2030)
14.1 Zinc Market Size
14.2 Zinc Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Zinc Market Forecast (2021-2026)
15.1 Zinc Market Size Forecast
15.2 Zinc Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Glencore
15.1.1 Company Profile
15.1.2 Main Business and Zinc Information
15.1.3 SWOT Analysis of Glencore
15.1.4 Glencore Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Hindustan Zinc
15.2.1 Company Profile
15.2.2 Main Business and Zinc Information
15.2.3 SWOT Analysis of Hindustan Zinc
15.2.4 Hindustan Zinc Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Teck Resources
15.3.1 Company Profile
15.3.2 Main Business and Zinc Information
15.3.3 SWOT Analysis of Teck Resources
15.3.4 Teck Resources Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Boliden AB
15.4.1 Company Profile
15.4.2 Main Business and Zinc Information
15.4.3 SWOT Analysis of Boliden AB
15.4.4 Boliden AB Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Nexa Resources
15.5.1 Company Profile
15.5.2 Main Business and Zinc Information
15.5.3 SWOT Analysis of Nexa Resources
15.5.4 Nexa Resources Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Shaanxi Non-ferrous Metals
15.6.1 Company Profile
15.6.2 Main Business and Zinc Information
15.6.3 SWOT Analysis of Shaanxi Non-ferrous Metals
15.6.4 Shaanxi Non-ferrous Metals Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Yunnan Chihong Zn & Ge
15.7.1 Company Profile
15.7.2 Main Business and Zinc Information
15.7.3 SWOT Analysis of Yunnan Chihong Zn & Ge
15.7.4 Yunnan Chihong Zn & Ge Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Zhuzhou Smlter Group
15.8.1 Company Profile
15.8.2 Main Business and Zinc Information
15.8.3 SWOT Analysis of Zhuzhou Smlter Group
15.8.4 Zhuzhou Smlter Group Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
15.9 Guangxi Nandan Nanfang Metal
15.9.1 Company Profile
15.9.2 Main Business and Zinc Information
15.9.3 SWOT Analysis of Guangxi Nandan Nanfang Metal
15.9.4 Guangxi Nandan Nanfang Metal Zinc Sales, Revenue, Price and Gross Margin (2020-2025)
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Table Research Scope Of Zinc Report
Table Data Sources Of Zinc Report
Table Major Assumptions Of Zinc Report
Table Zinc Classification
Table Zinc Applications List
Table Drivers Of Zinc Market
Table Restraints Of Zinc Market
Table Opportunities Of Zinc Market
Table Threats Of Zinc Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Zinc
Table Cost Structure Analysis Of Zinc
Table Key End Users List
Table Latest News Of Zinc Market
Table Merger And Acquisition List
Table Planned/Future Project Of Zinc Market
Table Policy Of Zinc Market
Table 2020-2030 Regional Export Of Zinc
Table 2020-2030 Regional Import Of Zinc
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Zinc Market Size And Market Volume List
Table 2020-2030 North America Zinc Demand List By Application
Table 2020-2025 North America Zinc Key Players Sales List
Table 2020-2025 North America Zinc Key Players Market Share List
Table 2020-2030 North America Zinc Demand List By Type
Table 2020-2025 North America Zinc Price List By Type
Table 2020-2030 United States Zinc Market Size And Market Volume List
Table 2020-2030 United States Zinc Import & Export List
Table 2020-2030 Canada Zinc Market Size And Market Volume List
Table 2020-2030 Canada Zinc Import & Export List
Table 2020-2030 Mexico Zinc Market Size And Market Volume List
Table 2020-2030 Mexico Zinc Import & Export List
Table 2020-2030 South America Zinc Market Size And Market Volume List
Table 2020-2030 South America Zinc Demand List By Application
Table 2020-2025 South America Zinc Key Players Sales List
Table 2020-2025 South America Zinc Key Players Market Share List
Table 2020-2030 South America Zinc Demand List By Type
Table 2020-2025 South America Zinc Price List By Type
Table 2020-2030 Brazil Zinc Market Size And Market Volume List
Table 2020-2030 Brazil Zinc Import & Export List
Table 2020-2030 Argentina Zinc Market Size And Market Volume List
Table 2020-2030 Argentina Zinc Import & Export List
Table 2020-2030 Chile Zinc Market Size And Market Volume List
Table 2020-2030 Chile Zinc Import & Export List
Table 2020-2030 Peru Zinc Market Size And Market Volume List
Table 2020-2030 Peru Zinc Import & Export List
Table 2020-2030 Asia & Pacific Zinc Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Zinc Demand List By Application
Table 2020-2025 Asia & Pacific Zinc Key Players Sales List
Table 2020-2025 Asia & Pacific Zinc Key Players Market Share List
Table 2020-2030 Asia & Pacific Zinc Demand List By Type
Table 2020-2025 Asia & Pacific Zinc Price List By Type
Table 2020-2030 China Zinc Market Size And Market Volume List
Table 2020-2030 China Zinc Import & Export List
Table 2020-2030 India Zinc Market Size And Market Volume List
Table 2020-2030 India Zinc Import & Export List
Table 2020-2030 Japan Zinc Market Size And Market Volume List
Table 2020-2030 Japan Zinc Import & Export List
Table 2020-2030 South Korea Zinc Market Size And Market Volume List
Table 2020-2030 South Korea Zinc Import & Export List
Table 2020-2030 Southeast Asia Zinc Market Size List
Table 2020-2030 Southeast Asia Zinc Market Volume List
Table 2020-2030 Southeast Asia Zinc Import List
Table 2020-2030 Southeast Asia Zinc Export List
Table 2020-2030 Australia Zinc Market Size And Market Volume List
Table 2020-2030 Australia Zinc Import & Export List
Table 2020-2030 Europe Zinc Market Size And Market Volume List
Table 2020-2030 Europe Zinc Demand List By Application
Table 2020-2025 Europe Zinc Key Players Sales List
Table 2020-2025 Europe Zinc Key Players Market Share List
Table 2020-2030 Europe Zinc Demand List By Type
Table 2020-2025 Europe Zinc Price List By Type
Table 2020-2030 Germany Zinc Market Size And Market Volume List
Table 2020-2030 Germany Zinc Import & Export List
Table 2020-2030 France Zinc Market Size And Market Volume List
Table 2020-2030 France Zinc Import & Export List
Table 2020-2030 United Kingdom Zinc Market Size And Market Volume List
Table 2020-2030 United Kingdom Zinc Import & Export List
Table 2020-2030 Italy Zinc Market Size And Market Volume List
Table 2020-2030 Italy Zinc Import & Export List
Table 2020-2030 Spain Zinc Market Size And Market Volume List
Table 2020-2030 Spain Zinc Import & Export List
Table 2020-2030 Belgium Zinc Market Size And Market Volume List
Table 2020-2030 Belgium Zinc Import & Export List
Table 2020-2030 Netherlands Zinc Market Size And Market Volume List
Table 2020-2030 Netherlands Zinc Import & Export List
Table 2020-2030 Austria Zinc Market Size And Market Volume List
Table 2020-2030 Austria Zinc Import & Export List
Table 2020-2030 Poland Zinc Market Size And Market Volume List
Table 2020-2030 Poland Zinc Import & Export List
Table 2020-2030 Russia Zinc Market Size And Market Volume List
Table 2020-2030 Russia Zinc Import & Export List
Table 2020-2030 Mea Zinc Market Size And Market Volume List
Table 2020-2030 Mea Zinc Demand List By Application
Table 2020-2025 Mea Zinc Key Players Sales List
Table 2020-2025 Mea Zinc Key Players Market Share List
Table 2020-2030 Mea Zinc Demand List By Type
Table 2020-2025 Mea Zinc Price List By Type
Table 2020-2030 Egypt Zinc Market Size And Market Volume List
Table 2020-2030 Egypt Zinc Import & Export List
Table 2020-2030 Israel Zinc Market Size And Market Volume List
Table 2020-2030 Israel Zinc Import & Export List
Table 2020-2030 South Africa Zinc Market Size And Market Volume List
Table 2020-2030 South Africa Zinc Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Zinc Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Zinc Import & Export List
Table 2020-2030 Turkey Zinc Market Size And Market Volume List
Table 2020-2030 Turkey Zinc Import & Export List
Table 2020-2025 Global Zinc Market Size List By Region
Table 2020-2025 Global Zinc Market Size Share List By Region
Table 2020-2025 Global Zinc Market Volume List By Region
Table 2020-2025 Global Zinc Market Volume Share List By Region
Table 2020-2025 Global Zinc Demand List By Application
Table 2020-2025 Global Zinc Demand Market Share List By Application
Table 2020-2025 Global Zinc Capacity List
Table 2020-2025 Global Zinc Key Vendors Capacity Share List
Table 2020-2025 Global Zinc Key Vendors Production List
Table 2020-2025 Global Zinc Key Vendors Production Share List
Table 2020-2025 Global Zinc Key Vendors Production Value List
Table 2020-2025 Global Zinc Key Vendors Production Value Share List
Table 2020-2025 Global Zinc Demand List By Type
Table 2020-2025 Global Zinc Demand Market Share List By Type
Table 2020-2025 Regional Zinc Price List
Table 2025-2030 Global Zinc Market Size List By Region
Table 2025-2030 Global Zinc Market Size Share List By Region
Table 2025-2030 Global Zinc Market Volume List By Region
Table 2025-2030 Global Zinc Market Volume Share List By Region
Table 2025-2030 Global Zinc Demand List By Application
Table 2025-2030 Global Zinc Demand Market Share List By Application
Table 2025-2030 Global Zinc Capacity List
Table 2025-2030 Global Zinc Key Vendors Capacity Share List
Table 2025-2030 Global Zinc Key Vendors Production List
Table 2025-2030 Global Zinc Key Vendors Production Share List
Table 2025-2030 Global Zinc Key Vendors Production Value List
Table 2025-2030 Global Zinc Key Vendors Production Value Share List
Table 2025-2030 Global Zinc Demand List By Type
Table 2025-2030 Global Zinc Demand Market Share List By Type
Table 2025-2030 Zinc Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Zinc Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Zinc Market Size And Cagr
Figure 2020-2030 North America Zinc Market Volume And Cagr
Figure 2020-2030 South America Zinc Market Size And Cagr
Figure 2020-2030 South America Zinc Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Zinc Market Size And Cagr
Figure 2020-2030 Asia & Pacific Zinc Market Volume And Cagr
Figure 2020-2030 Europe Zinc Market Size And Cagr
Figure 2020-2030 Europe Zinc Market Volume And Cagr
Figure 2020-2030 Mea Zinc Market Size And Cagr
Figure 2020-2030 Mea Zinc Market Volume And Cagr
Figure 2020-2025 Global Zinc Capacity Production And Growth Rate
Figure 2020-2025 Global Zinc Production Value And Growth Rate
Figure 2025-2030 Global Zinc Capacity Production And Growth Rate
Figure 2025-2030 Global Zinc Production Value And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |