- Published: Tuesday, 02 May 2017 16:30
- Written by E&MJ News
Zinc Market Expected to Grow for Next Five Years
According to the latest market study released by Technavio, the global zinc market is projected to grow to 19.68 million metric tons (mt) by 2021, at a compound annual growth rate of close to 4% over the forecast period. This research report titled Global Zinc Market 2017-2021 provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up-to-date analysis and forecasts for various market segments and all geographical regions.
The report categorizes the global zinc market into four segments, based on application: galvanizing, alloys and castings, brass and bronze, and other applications. “Galvanizing is the largest application segment of the global zinc market, generating more than 48% of the overall revenue,” said Ajay Adikari, a lead analyst at Technavio for metals and minerals research. “The major offerings of the segment include galvanized painted GP and galvanized coated GC steel products, galvanized structural steel products, both light and heavy, and galvanized steel wires.”