Zinc is a bluish-white metallic element with atomic number 30 that is ductile when pure but, in commercial form, is brittle at ordinary temperatures. According to BlueQuark Research & Consulting, the Global Zinc market is expected to witness a significant growth rate during the forecasted period. Factors like the use of Zinc in the automobile industry for electro-galvanizing automobile parts that undergo extreme levels of stress and temperature are estimated to drive the global Zinc market in the forecasted period. Further, the use of Zinc in the construction industry for roofing and exterior cladding on buildings and other structures, owing to its ability to keep away corrosion, is projected to drive the Global Zinc market in the forecasted period. Furthermore, Zinc is used for alloys in automobiles, electrical components, and household fixtures. Combining Zinc with copper and other metals to form ideal materials is expected to drive the Global Zinc market in the forecasted period. However, the side effects of Zinc on human health, such as nausea, vomiting, loss of appetite, abdominal cramps, diarrhea, and headaches, are estimated to hamper the growth of the global market in the forecasted period.

Zinc is employed to produce Zinc oxide, used in rubber manufacturing and as a protective skin ointment. In addition, alloys manufactured using Zinc are ideal for die casting, one of the most commonly used manufacturing processes for multiple decorative and functional applications.

The building and construction industry is the most prominent consumer of Zinc and is projected to drive the global market. The Global Zinc market is valued at USD 40 billion. The global economy benefits from Metal castings, and one-third of these castings are produced by die-casting, as Zinc castings offer unmatched properties and economics. Moreover, rust occurs when constructing with iron or steel, but this issue is eliminated when Zinc is used, as it wards off corrosion. This primarily occurs due to forming a thin protective layer called Patina that shields the material from natural elements like air and water. In addition, due to the increasing popularity of green construction owing to extreme climate change, construction firms and homeowners are looking for solutions to reduce energy costs and produce harmful emissions. Furthermore, compared to other metals, such as aluminum and copper, it takes less energy to manufacture, has a minimized melting point and can be recycled without losing its chemical or physical qualities indefinitely. Furthermore, sustainability has a growing impact on the consumer goods market as various companies focus on it, and the Zinc market has abundant growth opportunities. The rubber processing segment is the dominating segment owing to the large-scale consumption of zinc chemicals in galvanization and manufacturing tires. Zinc chemicals are widely used in manufacturing tires and tubes commonly used in automobiles, and the growing automobile industry is predicted to augment the overall demand for zinc chemicals soon. The ever-increasing popularity of electric vehicles is expected to drive the rising demand for automotive tires, thereby propelling the consumption of tires in the automotive industry, which operates the zinc chemical market. Similarly, higher loadings of zinc oxide can improve hot air/heat aging properties, and too low a concentration of zinc oxide can lead to scorching problems. Furthermore, it reduces heat buildup and wears in tires, thus, making it an important segment in the rubber tire industry. Thus, with the growth in the tire industry, the consumption of zinc oxide is also increasing concurrently. Therefore, building and construction will bolster the development of the global zinc market.

The Asia Pacific region is presumed to be the leader in the production and subsequent consumption of Zinc, with most of the consumption in countries like China and India. The economic growth in the region has fueled the need for steel, which has increased the application of zinc-coated metal alloys to strengthen modern infrastructure. The increasing demand of Zinc in the automotive and construction industries is predicted to fuel the regional market growth during the review period. The Indian government is investing in infrastructural development by launching initiatives like "Housing for All" and the "Smart City Mission," bolstering the region's construction industry growth. Further, in April 2020, a target was set by the regulatory bodies in India for constructing roads over two years with a USD 212.80 billion budget. Moreover, China has been the most prominent automotive manufacturing country and automotive market since 2009. In China, annual vehicle production accounts for over 30 percent of the world's vehicle production, and the global zinc market is bound to rise. In addition, compounds produced from Zinc, such as Zinc oxide for rubber, tires, ceramic sectors, and electronics, are estimated to drive the Zinc market in the region. The primary factor driving the Zinc Market is the heavy zinc consumption on all industrial, official and domestic fronts. The market's significant growth is seen in the sectors of the increasing use of steel alloys, where the principal constituent of the mixture is zinc metal. There has been a surged usage of steel and Zinc in the industry over the past few years due to the heavy use of the same. This is one of the crucial factors that enhances the growth of the zinc market across the globe. Factors like these have made Asia-Pacific an important area for growth in the Zinc market.

The market's key players are Nyrstar N.V., Glencore, Nexa Resources S.A., Boliden, Teck Resources, Old Bridge Chemical Inc., and Mitsui Mining and Smelting Co. Ltd., among others.

In February 2022, Ivanhoe Mines and commodity firm Gécamines signed a deal to restart production at the Kipushi mine in the Democratic Republic of the Congo. The firms formed a joint venture (J.V.) to redevelop the Kipushi high-grade, underground zinc-copper mine in the Central African Copper belt.

In January 2022, Mitsui Mining & Smelting Co. increased Zinc prices this year in annual contracts by at least 35% for the company's customers in Asia as supply tightened and freight rates soared.

Global Zinc Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the Zinc market by segmenting based on the Form (Powder, Sheet), Application (Galvanizing, Die Casting, Others), End-user Industry (Automobile, Building and Construction, Alloy Industry, Pharmaceuticals, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.