According to a new country report published by Lucintel, the future of the zinc market in United States looks promising with opportunities in the construction and infrastructure, transportation, consumer goods, and industrial machinery sectors. The major drivers for this market are increasing demand for galvanized steel and infrastructure development in emerging markets. Furthermore, growing demand from niche applications like smartphones, electric vehicles, mild hybrid engines, and power grid storage will drive the zinc market. .
This report studies factors affecting the market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that galvanizing steel will remain the largest segment and it is expected to witness the highest growth over the forecast period due to growing demand of galvanized steel in construction, automobile, and other industrial sectors. Within the market in the United States, galvanizing steel will remain the largest segment and it is expected to witness the highest growth over the forecast period due to growing demand of galvanized steel in construction, automobile, and other industrial sectors. Lucintel predicts that the transportation segment will witness the highest growth over the forecast period supported by rising demand for galvanized steel in light weight vehicles.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of hot-dip galvanizing in automotive for advance high strength steels (ahss) with exceptional surface quality, increase in use of zinc-air batteries in electric vehicles, and use of zinc in medicine for treatment of depression and psychosis.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Zinc Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the market in the United States by end use industry, application, process, and sources as follows:
Zinc Market by End Use Industry [$M shipment analysis from 2014 to 2025]:
• Construction & Infrastructure
• Transportation
• Consumer Goods
• Industrial Machinery
• Other End Use Industry
Zinc Market by Application [$M shipment analysis from 2014 to 2025]:
• Galvanizing
• Zinc Base Alloy
• Brass & Bronze
• Zinc Compound
• Zinc Semis
• Other Applications
Zinc Market by Process [$M shipment analysis from 2014 to 2025]:
• Hydrometallurgical
• Pyro metallurgical
Zinc Market by Sources [$M shipment analysis from 2014 to 2025]:
• Primary
• Secondary
Zinc Market by Mining Location Type
• Underground
• Open Pit Type
• Combination of Both
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/opportunities-for-the-zinc-in-united-states.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com |