Zinc Dust Market is Expected to Witness High Growth Owing to Increasing Demand

Zinc dust finds its major applications in the manufacturing of tires, chemicals, paint, pharmaceuticals, and agricultural feed. It acts as a catalyst in the production of rubber chemicals used in tire manufacturing

Zinc dust finds its major applications in the manufacturing of tires, chemicals, paint, pharmaceuticals, and agricultural feed. It acts as a catalyst in the production of rubber chemicals used in tire manufacturing. The zinc contained in the dust helps in preventing corrosion. Additionally, zinc dust is used as a coating on other metals to protect them from corrosion or rusting. It is also used as a filler in paint, sealants, and caulks. The demand for such end-use products is increasing rapidly, especially from the automotive and construction industries in emerging economies. This rapid growth in end-use industries is one of the key factors boosting the global zinc dust market. The Global zinc dust market is estimated to be valued at US$ 425.27 Bn in 2024 and is expected to exhibit a CAGR of 9.0% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Zinc Dust Market Demand are Puratos (Belgium), IREKS GMBH (Germany), Lallemand Inc. (Canada), Lesaffre (France), Goodmills (Austria). Puratos being the global market leader provides innovative solutions through continuous technological developments and expansions.

The market provides significant opportunities for players for expansion in high growth regions such as Asia Pacific and Latin America. Additionally, focus on strategic partnerships and joint ventures with end-use industries to strengthen distribution networks will help drive future growth.

Players are working towards expanding their global footprint through collaborations with local players and establishing production plants in key markets. This allows catering to the regional demand and strengthening supply chain. For instance, Puratos has production plants across 20 countries worldwide to support its widespread distribution network.

Market Drivers And Restrain

The major driver for zinc dust market is the growing demand from rubber and tire industry. Tires manufactured using zinc dust as a curative provides improved mechanical properties such as tensile strength and resistance to heat buildup. This has resulted in increasing preference for zinc dust based tires from automotive OEMs. Additionally, the rapidly growing rubber chemicals market is also fueling consumption.

On the other hand, stringent environmental regulations regarding mining and processing of zinc may negatively impact market growth during the forecast period. Regulatory bodies have imposed several restrictions related to emission, waste generation and disposal during zinc extraction and production of zinc dust. This increases compliance cost for manufactures.

Segment Analysis
The zinc dust market can be segmented into chemical, metallurgy, medicine, agriculture fertilizer, rubber/tires, ceramics & other glass compositions industries. The chemical industry leads the zinc dust market and accounted for over 35% of the overall demand in 2024. Zinc dust is a key raw material used in manufacturing zinc-based chemicals like zinc oxide, which is used in the rubber & tires, ceramic, and pharmaceutical industries. The metallurgy industry follows chemical and accounts for approximately 25% share owing to widespread use of zinc dust in galvanizing iron/steel to protect them from corrosion. The agriculture fertilizer segment is expected to witness fastest gains over the forecast period owing to increasing use of zinc fertilizers.

Global Analysis
In 2024, Asia Pacific accounted for over 40% of the global zinc dust market led by China, India, Japan, and South Korea. The region continues to be the dominant as well as the fastest growing regional market owing to growth in metallurgy and chemical sectors. Europe was second largest regional market in 2024 whereas North America stood third. Germany, Italy, France are some of the key European countries accounting for major share. Canada and the US are major economies driving the North American zinc dust market. Latin America and Middle East & Africa demonstrated high future growth potential among other regions during 2024 to 2031 period. Key factors favoring market expansion in the regions included economic development, rising demand from end-use industries like construction and automotive.Puratos (Belgium), IREKS GMBH (Germany), Lallemand Inc. (Canada), Lesaffre (France), Goodmills (Austria) were some of the leading players having presence across key regions.

 

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Also read related article on Beryllium Market

 

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

 

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)


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