Zinc dust is a fine gray powder of zinc metal that is produced by distilling primary or secondary zinc in closed, horizontal furnaces. The vapor emitted from the zinc is then condensed as dust. Zinc dust is primarily used in coatings and paints industry. It is used as catalyst in many chemical reactions such as synthesis reactions, decomposition reactions, single-replacement reactions, etc.
The global zinc dust market is expected to surpass US$ 2,051.9 Million by the end of 2030 in terms of revenue, exhibiting a CAGR of 3.7% during the forecast period (2022 to 2030).
Drivers
Zinc dust is significantly used in the paints & coatings sector. Paints and coatings are used extensively in the automotive and construction industries. Remarkable growth in the construction industry in developed as well as developing countries, owing to rapid technological advancements and urbanization and rising disposable income of consumers, is expected to drive the global zinc dust market growth during the forecast period.
Among region, Asia Pacific held the highest revenue market share of 39.5% in 2021 and is expected to be the dominant region during the forecast period, due to the rising disposable income of the growing population along with the rising usages of zinc products in the rubber processing, agriculture, paints, and coatings industries. The growing demand for zinc sulfate as fertilizers for preventing deficiency in crops, mostly from Asia Pacific's agriculture-driven countries, is fueling the market expansion.
Figure 1. Global Zinc Dust Market Revenue Share (%), By Region, 2021
Market Restraints
Inhaling higher amount of zinc dust can cause a specific short term disease called metal fume fever. This is a flu-like illness with symptoms of metallic taste in the mouth, headache, fever and chills, aches, chest tightness, and cough. It can also cause side effects such as nausea, vomiting, stomach damage, and diarrhea. These factors are anticipated to restrain the zinc dust market.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2021: | US$ 1,479.7 Mn |
| Historical Data for: | 2017-2021 | Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 3.7% | 2030 Value Projection: | US$ 2,051.9 Mn |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
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. |
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Market Trends
The zinc dust market growth is driven by the increasing demand for zinc dust in the cosmetics and personal care industry. Furthermore, the unique sacrificing method of zinc dust carries the ability to prevent rust. Thus, zinc dust is widely utilized as an anti-corrosive agent in a comprehensive range of shielding coatings like industrial, marine, and yacht. A yacht is a sailing or power vessel used for pleasure, cruising, or racing. Zinc dust is also employed as a medium for drug manufacturing procedures in the pharmaceutical industry. These factors are evaluated to boost the zinc dust market during the forecast period.
Figure 2. Global Zinc Dust Market Revenue Share (%), By Type, 2021
Among end users, paint grade segment held a major market share of 63.5% in 2021 and is expected to retain its dominance throughout the forecast period. Wide application of Zinc dust in paint and coatings industry, is one of the major factors driving the demand for Zinc dust in the paint and coatings industry, in turn driving the market growth.
Global Zinc Dust Market - Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic has drastically affected the overall operations of industries across different regions, owing to lockdown imposed for prolonged periods, restrictions enforced on international trades, shutdown of manufacturing units, travel bans that led to supply chain disintegration, shortage of raw materials, and others. Zinc dust is used in paint industry as well in chemical industry. Chemical plants in leading regions such as Asia Pacific, North America, and Europe has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various chemical products.
Competitive Section
Major players operating in the global zinc dust market include 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.
Zinc dust is used to manufacture paints and coatings that resist corrosion when applied to structures or surfaces that are prone to harsh environmental conditions. Zinc dust is used in a wide range of applications, such as Zinc rich paints and coatings – Zinc dust or zinc powder is mixed so as to impart corrosion inhibiting properties. Zinc oxide coatings are nearly insoluble in water and therefore can be applied on offshore rigs, sea vessels and ships, containers and bridges. Zinc dust also used in Cosmetics in cosmetics zinc dust is mixed with talcum and face powders, and provides ultraviolet A-rays UVA protection to the skin.
Market Dynamics
The increase the chemical application in multiple enterprises is anticipated to expand demand for the zinc dust market during the projection period. Further, the increase in customers' disposable income and the proliferation of urbanization are the driving factors of the market growth
Asia Pacific is anticipated to account for the significant share of the global zinc dust market in the near future owing to high demand from countries such as China, India, and Japan. The zinc dust market in China is expanding at a high rate owing to the high demand in the pharmaceutical industry in China. For instance according to data published by china organization on May 2022 In 2021, the combined revenue of China's pharmaceutical firms increased 18.7 percent year on year, the highest growth rate in five years
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
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