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 Secondary Zinc Market is experiencing significant growth as demand for recycled zinc continues to increase across various industries. Secondary zinc is produced from the recycling of zinc-containing materials, such as zinc scrap, and is primarily used in applications such as galvanizing and in the production of alloys, pigments, and other compounds. This market is characterized by its sustainable nature, with secondary zinc serving as an eco-friendly alternative to primary zinc. The application of secondary zinc can be seen in various forms, from galvanized products used in construction and automotive industries to specialty compounds utilized in paints and coatings. As global awareness of sustainability increases, the adoption of secondary zinc is expected to grow further, offering cost-effective and environmentally friendly solutions to industries worldwide.
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The Secondary Zinc Market is classified into various applications, which cater to a broad range of industries. The key subsegments within this market include Galvanized Coil, Galvanized Pipe, Rolls & Extruded Products, Pigments & Other Compounds, and Others. Each subsegment has its distinct characteristics and applications, contributing to the overall market growth. In the **Galvanized Coil** segment, secondary zinc plays a vital role in the production of steel coils used primarily in the automotive, construction, and industrial sectors. Galvanizing steel with zinc enhances its corrosion resistance, providing durability and longevity to the finished product. The growing demand for galvanized steel in industries such as automotive and construction has driven the growth of this segment. Additionally, secondary zinc is preferred for galvanizing processes due to its lower cost and eco-friendly nature, which makes it a key component in meeting sustainability goals in industrial production. The increasing need for corrosion-resistant materials is expected to further propel the demand for secondary zinc in this application.The **Galvanized Pipe** segment represents another crucial application of secondary zinc, particularly in the production of pipes used in plumbing, water systems, and construction. Galvanized pipes are coated with a layer of zinc to protect against rust and corrosion, which is particularly important in harsh environments such as outdoor installations or areas with high moisture content. Secondary zinc provides a cost-effective solution for galvanizing pipes while reducing environmental impact compared to using primary zinc. The expansion of infrastructure development, particularly in emerging economies, is expected to drive significant growth in this subsegment. As demand for sustainable building materials and cost-efficient solutions rises, the secondary zinc market for galvanized pipes is poised for continued expansion.
The **Galvanized Coil** subsegment in the secondary zinc market is driven by demand from industries such as automotive manufacturing, construction, and home appliances. The production of galvanized steel coils, which involves coating steel with a layer of zinc, enhances its corrosion resistance and durability. Secondary zinc is increasingly preferred in this application due to its ability to provide the same level of protection at a lower cost and with reduced environmental impact. The increasing use of galvanized steel coils for automotive bodies, roofing, and other structural applications is fueling the growth of this segment. The galvanizing process also adds a protective barrier to steel, which is essential for preventing rust and extending the lifespan of products. As the automotive sector continues to embrace lightweight materials to enhance fuel efficiency, galvanized steel remains a popular choice for parts such as body panels and structural components. Furthermore, with ongoing construction projects and infrastructure development globally, the need for galvanized steel coils in building structures and manufacturing processes is expected to continue its upward trajectory, further supporting the growth of secondary zinc use in this subsegment.
The **Galvanized Pipe** application is a significant part of the secondary zinc market, primarily due to its widespread use in water pipelines, plumbing, and industrial applications. Galvanized pipes are coated with zinc to provide protection from corrosion, extending their service life even in challenging conditions. The demand for galvanized pipes continues to rise, driven by infrastructure growth, particularly in developing countries where water supply and sewage systems are being upgraded and expanded. Secondary zinc offers an economically viable alternative to primary zinc, making it the material of choice for pipe galvanizing, especially in price-sensitive markets. As urbanization and industrialization increase in emerging economies, the requirement for durable, corrosion-resistant pipes is growing. Secondary zinc’s ability to provide the necessary protective coating at a reduced cost compared to primary zinc makes it an attractive choice for the construction and water supply sectors. The trend toward sustainable practices and the recycling of materials further supports the use of secondary zinc in galvanized pipes, positioning this subsegment as a key contributor to the overall growth of the secondary zinc market.
In the **Rolls & Extruded Products** subsegment, secondary zinc is primarily used in the production of zinc alloys and for coating processes in various metal products. Extruded products are widely used in automotive and construction applications, where they serve as structural components or as part of machinery. The versatility of secondary zinc allows it to be used in a range of alloys that require specific properties such as strength, durability, and resistance to wear and corrosion. The ability to produce high-quality extruded products at a lower cost than using primary zinc has made secondary zinc a preferred option in these manufacturing processes.The demand for rolls and extruded products is driven by the need for components in industries such as electronics, automotive, and construction. The lightweight nature and corrosion resistance of extruded products made from secondary zinc provide significant benefits in these applications. Furthermore, as industries seek to reduce costs and environmental impact, secondary zinc is increasingly being used as a sustainable and cost-efficient alternative to primary zinc, driving growth in the rolls and extruded products subsegment.
The **Pigments & Other Compounds** subsegment includes the use of secondary zinc in the production of various chemical compounds, primarily zinc oxide and zinc sulfide, which are utilized in paints, coatings, and rubber production. Secondary zinc is increasingly used in these applications due to its ability to provide similar performance characteristics as primary zinc while being more cost-effective and environmentally friendly. Zinc oxide, for instance, is widely used in the manufacture of white pigments for paints and coatings, as well as in the rubber industry for its vulcanizing properties.The demand for zinc compounds in the pigments market is closely linked to the growth of the automotive, construction, and manufacturing sectors. As industries push for more sustainable and eco-friendly materials, the use of secondary zinc compounds is expected to grow. The growing popularity of water-based paints and coatings, which often incorporate zinc oxide for its durability and protective qualities, further supports the market’s expansion. With the increased adoption of eco-friendly and recycled materials in manufacturing, the use of secondary zinc in pigments and compounds is likely to continue to rise.
The **Others** category in the secondary zinc market encompasses a variety of smaller but significant applications, including the use of zinc in batteries, fertilizers, and animal feed additives. Zinc is an essential trace element for human and animal health, which makes it important in nutrition and medical applications. In the battery industry, secondary zinc is used in the production of zinc-carbon and zinc-chloride batteries. The growth of these niche sectors, combined with the increasing demand for sustainable and recycled materials, positions the ‘Others’ subsegment as an important component of the overall secondary zinc market.Furthermore, the use of secondary zinc in agricultural applications, particularly in the formulation of fertilizers, has gained momentum. Zinc is essential for plant growth, and as organic farming and sustainable agricultural practices become more prevalent, the demand for zinc-based fertilizers is expected to increase. Additionally, as consumer awareness of the environmental impact of industrial activities continues to grow, the demand for secondary zinc in these ‘Other’ applications is likely to rise, contributing to the overall market growth.
One of the major trends in the secondary zinc market is the increasing focus on sustainability and the circular economy. As industries strive to reduce their carbon footprint and make use of recycled materials, secondary zinc has emerged as an eco-friendly alternative to primary zinc. This shift is particularly evident in sectors such as construction, automotive, and electronics, where the demand for recycled materials is growing. Additionally, there is a growing trend toward technological advancements in the recycling process, which improves the efficiency and quality of secondary zinc production. The use of more advanced techniques, such as hydrometallurgical methods, is expected to further boost the production and utilization of secondary zinc in various applications.Another trend is the increasing demand for secondary zinc in the automotive industry. The automotive sector is rapidly adopting galvanized steel for vehicle bodies, chassis, and other components due to its corrosion resistance and lightweight properties. Secondary zinc offers a cost-effective solution for the galvanizing process, making it an attractive option for automotive manufacturers looking to reduce costs while meeting sustainability goals. As the global automotive industry continues to evolve, particularly with the rise of electric vehicles and stricter environmental regulations, the demand for secondary zinc is expected to remain strong.
There are several opportunities within the secondary zinc market, particularly in emerging economies where infrastructure development and industrialization are accelerating. The demand for galvanized steel and other zinc-coated products is increasing in countries undergoing rapid urbanization. These markets present significant growth potential for secondary zinc, as industries in these regions look for cost-effective and environmentally friendly materials. Furthermore, the shift toward green building materials and sustainable construction practices is expected to drive demand for secondary zinc in construction applications.In addition to infrastructure growth, the expansion of the renewable energy sector presents another opportunity for secondary zinc. Zinc is increasingly being used in the production of solar panels and batteries, particularly in the form of zinc-based alloys. As the demand for renewable energy technologies continues to rise, secondary zinc will play a critical role in supporting the growth of these industries. The recycling of zinc from old batteries and solar panels also presents an opportunity for further market expansion as the circular economy continues to gain traction.
1. What is secondary zinc?
Secondary zinc is recycled zinc, primarily obtained from zinc scrap, and is used in various applications such as galvanizing and alloy production.
2. What are the main applications of secondary zinc?
Secondary zinc is mainly used in galvanizing processes, the production of alloys, and in pigments and compounds for various industries.
3. Why is secondary zinc important?
Secondary zinc offers an eco-friendly, cost-effective alternative to primary zinc, making it vital for sustainable industrial practices.
4. What industries use secondary zinc?
Secondary zinc is used across industries such as automotive, construction, electronics, and agriculture, particularly in galvanizing and alloy production.
5. How does secondary zinc compare to primary zinc?
Secondary zinc is recycled from scrap materials, making it more affordable and environmentally friendly compared to primary zinc, which is mined.
6. What are the benefits of using secondary zinc in galvanizing?
Secondary zinc in galvanizing provides cost savings, reduced environmental impact, and the same high level of corrosion resistance as primary zinc.
7. What trends are driving the growth of secondary zinc?
The growth of secondary zinc is driven by the increasing demand for sustainable materials, particularly in industries like construction and automotive.
8. What role does secondary zinc play in the automotive industry?
Secondary zinc is used to galvanize steel parts in vehicles, providing corrosion resistance and durability, essential for automotive manufacturing.
9. Can secondary zinc be used in battery production?
Yes, secondary zinc is used in the production of zinc-based batteries, such as zinc-carbon and zinc-chloride batteries.
10. How does the circular economy impact the secondary zinc market?
The circular economy promotes the recycling of zinc, creating a closed-loop system that reduces waste and encourages the use of secondary zinc in various applications.
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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)
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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