The global Zinc Dust Market was valued at US$ 1,479.7 Million in 2021, according to Zinc Dust Market Report, by Type (Chemical Grade, Paint Grade, others), by Application (Chemical, Paint, Pharmaceutical, Personal Care & Cosmetics and others) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.
The global Zinc Dust market is expected to reach US$ 2,051.9 Mn by 2030, exhibiting a CAGR of 3.7% during the forecast period (2022-2030). The market is expected to witness significant growth over the forecast period, attributing to rising demand of zinc dust in various applications such as chemical industrial, paints & coatings and food thickeners applications along with growing demand from end-use industries including cosmetics and, paint industry. Moreover, zinc dust is widely used in personal care industry and in various applications such as face products and body products and others
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Browse 25 market data tables* and 20 figures* on "Global Zinc Dust Market” - Forecast to 2030.
Key Trends and Analysis of the Global Zinc Dust Market:
Zinc dust is significantly employed in the paints & coatings sector. Paints and coatings are used extensively in construction and automotive industries. Remarkable growth in the construction industry in developed as well as developing countries owing to increase in urbanization and technological advancements; and rise is disposable income of consumers are estimated to drive the global zinc dust market during the forecast period. For instance, According to data published by IBEF, India is expected to become the third-largest construction market globally by 2022. Indian logistics market is estimated to touch US$ 320 Million by 2025. The overall infrastructure capex is estimated to grow at a CAGR of 11.4% over FY21-26
Key Takeaways of the Global Zinc Dust Market:
Global Zinc Dust Market - Impact of Coronavirus (COVID-19) Pandemic
The rapid spread of coronavirus has had a significant impact on global markets, as major economies around the world have been put on lockdown as a result of the pandemic. Because of this major lockdown, the consumer market has suddenly lost interest in purchasing any goods. However, because it is also used in cosmetics, which fall under the category of essential goods, and because lockdowns are being extended, the demand for cosmetic products will rise, resulting in increased market growth for zinc dust