Secondary Zinc Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The global secondary zinc market was valued at approximately USD 5.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The market's expansion is driven by increasing demand for recycled zinc in various industries, including automotive, construction, and electronics. The rise in awareness regarding environmental sustainability and the reduction of carbon footprints are significantly influencing market growth. Additionally, technological advancements in recycling processes and improved efficiency in zinc recovery are expected to boost the market further.
Emerging markets, particularly in Asia-Pacific and Latin America, present substantial opportunities for growth due to rapid industrialization and infrastructure development. The rising focus on circular economy practices and stringent regulations on waste management are anticipated to enhance the adoption of secondary zinc. Moreover, the increasing use of zinc in galvanization and alloy production is likely to drive market expansion in these regions. The secondary zinc market is poised to benefit from the growing emphasis on sustainable practices and technological innovations in recycling methods.
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American Zinc Recycling Corp.
KOREA ZINC
Moxba
Recyclex
Grupo ReciclaBR
Zinc National
HANWA Co.
Ltd.
International Zinc Association
ZIMETSA
Boliden Group
Imperial Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Secondary Zinc Market
Galvanized Coil
Galvanized Pipe
Rolls & Extruded Products
Pigments & Other Compounds
Others
Based on Types the Market is categorized into Below types that held the largest Secondary Zinc market share In 2023.
Residue and Drosses
Whole Products
Steel Filter Dust
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Secondary Zinc Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Secondary Zinc Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Secondary Zinc Market, By Type
6. Global Secondary Zinc Market, By Application
7. Global Secondary Zinc Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Secondary Zinc Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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