Industry Background:
Zinc dust is a powder of metallic Zinc. Numerous grades are available, based on the particle size & Zinc content. It is an essential trace element in the diet, forming an essential part of many enzymes, & playing an important role in protein synthesis as well as in cell division. Powdery metallic zinc typically containing zinc oxide in variable amounts that collects as a bluish gray powder during distillation of zinc & that is used primarily as a reducing agent, as a pigment in corrosion-resistant coatings for iron & steel, and in sherardizing. Zinc is an essential mineral & heavy metal, included in maximum OTC multivitamin and mineral supplements, & is used therapeutically in higher doses due to its ability to block copper absorption as maintenance therapy of Wilson disease. Zinc dust is used to manufacture paints & coatings that resist corrosion after application to structures or surfaces that are inclined to harsh environmental conditions. Zinc dust is also used in a wide range of applications including cosmetics, casting, alkaline batteries, as well as rocket fuel.
According to AMA, the market for Zinc Dust is expected to register a CAGR of 3.6% during the forecast period to 2027. This growth is primarily driven by Growing Demand for Zinc Dust in the Pharmaceutical Industry and Increasing Demand from Various End Use Industries.
The Diversified Metals & Mining sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as U.S. Zinc Corporation (United States), Nominor - Chemical Industries Ltd. (Israel), Akrochem Corporation (United States), Purity Zinc Metals (United States), Transpek-Silox Pvt Ltd (India), The Metal PowderCompany Limited (MEPCO) (India), Toho Zinc Co., Ltd. (Japan), HAKUSUI TECH (Japan), Pars Zinc Dust Manufacturing Co. (PZD) (Iran) and Jiangsu Kecheng Metallurgy New Material Co., Ltd (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2019, Aterian Investment Partners, a private investment firm has announced it has acquired U.S. Zinc in an international carve-out transaction from Votorantim Group. As per the Tracy Baugh, CEO of U.S. Zinc, “This transaction will give us the opportunity to further invest in U.S. Zinc and evolve with our customers and industry. By operating as a stand-alone we will be well positioned to capitalize on a wide range of new growth opportunities’’.
Market Drivers
- Growing Demand for Zinc Dust in the Pharmaceutical Industry
- Increasing Demand from Various End Use Industries
Market Trend
Restraints
- Fluctuations in Raw Material Prices
Opportunities
Rising Usage of Zinc Dust in Cosmetics Industry and Growing Opportunities in Untapped Markets
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Zinc Dust Study Sheds Light on
The Zinc Dust Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Zinc Dust industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Zinc Dust industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.