The global Zinc Dust Market is estimated to be valued at US$ 369.15 Bn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Zinc dust is white, grey, and blue powdered form of zinc which is commercially produced by the reduction of zinc oxides. It is widely used in manufacturing of paints, ceramics, rubber, and primers. The finely divided particles in zinc dust allow for greater surface area that helps galvanization and protects underlying steel from corrosion. It is commonly utilized as a sacrificial anode for corrosion protection and has self-healing capabilities. The unique properties of zinc dust effectively prevent rusting and oxidation of substrates.

Market key trends:

One of the key trends in the zinc dust market is its increasing use in industrial coatings. Zinc dust coated primers and paints offer excellent corrosion resistance and makes substrates more durable. The construction industry is a major consumer of such protective coatings. Rapid urbanization and infrastructural development activities worldwide are fueling the construction of new residential and commercial buildings. This is augmenting the demand for varied construction materials including steel, which in turn is driving the consumption of zinc dust based primers and paints. The ability of zinc to self-heal minor damages in the coating layer further contributes to the growing preference for zinc-rich primers in the construction sector.

Porter’s Analysis:

• Threat of new entrants: New entrants may face high initial setup costs including large production facilities, technical know-how and established distribution channels.
• Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes like zinc oxide and zinc plating. However, zinc dust has advantages over substitutes for certain applications.
• Bargaining power of suppliers: A few large companies control global zinc dust production leading to high supplier power. Switching costs for buyers are also moderate.
• Threat of new substitutes: Zinc oxide and zinc plating are key substitutes but have limitations for certain end uses where zinc dust has advantages in terms of properties and cost effectiveness.
• Competitive rivalry: The global zinc dust market is dominated by few major players leading to high competition.

Key Takeaways:

The Global Zinc Dust Market Demand is expected to witness high growth, exhibiting CAGR of 6.0% over the forecast period, due to increasing demand from chemical applications. The market size for 2023 is estimated at US$ 369.15 Bn.

Regional analysis: Asia Pacific dominates the global zinc dust market owing to large chemical production and presence of key producers in China. Rapid industrialization and growth of end use industries will drive the India market over the coming years.

Key players: Key players operating in the zinc dust market are EverZinc, S. Zinc, Numinor Chemical Industries Ltd., Hanchang, Silox India Private Limited, Metal Powder Company Limited (MEPCO), Toho Zinc Co., Ltd., Hakusui Tech Co., Ltd., Pars Zinc Dust Manufacturing Co. (PZD), and Jiangsu Shenlong Zinc Industry Co., Ltd. These players accounting for over 70% of global production.

*Note:
1.  Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it