According to a recent market study published by Growth Market Report, titled, "Global Zinc Powder Market by Purity (Below 99%, 99% and Above), by Distribution channel (Manufacturers, Distributors), by Application (Metal Surface Treatment Product, Precision Equipment, Brass, Paints, Battery, Others), by End Use Industry (Automotive, Electrical and Electronics, Chemical, Aerospace, Others), and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa (MEA)): Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 1,647.1 Million in 2022 and is expected to grow at a growth rate of 4.7% by the year 2031.

As per Growth Market Report industry analyst Gargi Athalye, the “Global Zinc Powder Market” is anticipated to witness significant growth during the forecast period 2023-2031. Zinc powder with high purity is necessary in the production of metal powders, using powder metallurgy techniques. Zinc powder mixed with other metal powders produces alloys, such as bronze powders and brass, which are typically used in the manufacturing of industrial machinery, electrical components, and automotive parts. The high purity level facilitates for the final product to not have impurities and have the desired mechanical properties.

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High-purity zinc powder acts as a reducing agent in various chemical reactions, such as producing organic compounds and pharmaceuticals. High purity of zinc powder makes sure that the final product obtained after the reaction is free from any contaminants that have a negative impact on its effectiveness or quality.

The primary and secondary research methodology is used for keen observation and study of Zinc Powder. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, and current and future trends done by the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry. On the other hand, the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & microanalysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

The outbreak of coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The pandemic raised concerns among economies and businesses by shifting focus to the online supply of consumer electronic gadgets and automotive components and creating manufacturing issues.

In January, the WHO labeled the COVID-19 outbreak as a public health emergency of global concern and proclaimed it a global pandemic in March 2020. This deadly virus has become one of the biggest pandemics in human history. The COVID-19 outbreak is a public health emergency that affected almost every industry. The long-term effects of the pandemic are expected to affect the growth of various industries during the forecast period, especially across Eastern Europe, European Union, the US, and Eastern & Central Asia.

As of October 25, 2023, this pandemic had infected over 771,549,718 people, and over 6,974,473 people died from the disease. COVID-19 cases have been registered in more than 231 countries and territories. Many countries are economically weak, while others have poor healthcare systems that affect the economy and life of people.

Key Takeaways from the Study:

  • The players include EverZinc, Thermo Fisher Scientific Inc., GRILLO-Werke AG, Pometon S.p.A, Xinglu Chemical, Tokyo Chemical Industry Co., Ltd., Belmont Metals, Stanford Advanced Materials, Goodfellow, ATAMAN Kimya A.S

Report Scope:

Report Metric

Details

Market Value in 2022

USD 1,647.1 Million

Market Growth Rate (from 2023 to 2031)

4.7%

Historical Data

2016 & 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

by Purity (Below 99%, 99% and Above), by Distribution channel (Manufacturers, Distributors), by Application (Metal Surface Treatment Product, Precision Equipment, Brass, Paints, Battery, Others), by End Use Industry (Automotive, Electrical and Electronics, Chemical, Aerospace, Others), and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa (MEA))

Key Companies Profiled

EverZinc, Thermo Fisher Scientific Inc., GRILLO-Werke AG, Pometon S.p.A, Xinglu Chemical, Tokyo Chemical Industry Co., Ltd., Belmont Metals, Stanford Advanced Materials, Goodfellow, ATAMAN Kimya A.S

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.


Target Audience:

  • Supply-side: Raw material suppliers and Manufactures  

  • Demand Side: Zinc powder manufacturing companies

  • Regulatory Side: Concerned government authorities, and other regulatory bodies.