Zinc Dust is widely used in a variety industries such as chemical, rubber, metallurgy, and paint industries. It acts as a pigment and additive in rubber products such as tires, hoses, belts, gaskets and seals. Zinc dust provides advantages such protection against corrosion and heat resistance to rubber products. The increasing automotive production globally is driving the demand for rubber products that require zinc dust.
The global Zinc Dust Market is estimated to be valued at US$ 425.27 Bn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
The increasing application of zinc dust in rubber industry presents a key market opportunity over the forecast period. The expanding automotive industry worldwide has led to a rise in demand for rubber products such as tires and hoses that significantly use zinc dust. Zinc dust performs crucial functions such as reducing viscosity and improving mechanical properties of rubber. It also imparts properties like corrosion resistance and heat stability. As per estimates, over 2 billion tires are produced annually across the globe. The growing automotive fleet along with demand for high-quality and long-lasting tires is estimated to boost consumption of zinc dust in rubber formulation during the forecast period.
Porter’s Analysis
Threat of new entrants: The threat of new entrants is low due to high capital requirements for setting up production facilities and costs associated with R&D.Bargaining power of buyers: The bargaining power of buyers is moderate as there are many established players in the market leading to availability of substitutes. However, buyers prefer branded products.
Bargaining power of suppliers: The bargaining power of suppliers is moderate due to availability of substitutes. However, suppliers of quality ingredients can negotiate better prices.
Threat of new substitutes: The threat of new substitutes is moderate due to availability of alternative ingredients that can be used in similar applications.
Competitive rivalry: The competitive rivalry is high due to presence of many global and regional players.
SWOT Analysis
Strength: Established brand names and global distribution network. Innovation in product offerings to meet evolving demands.
Weakness: Vulnerable to changes in raw material prices and climate conditions. High capital investment required for expansion.
Opportunity: Growing demand for artisan and organic bakery products worldwide. Emerging markets offer immense scope.
Threats: Stringent regulations surrounding food safety and quality. Rising health consciousness can impact sales.
Key Takeaways
The global Zinc Dust Market Size is expected to witness high growth.
The Asia Pacific region dominates the market with countries like China, India, and Japan being the major contributors. High population, rising disposable incomes, and changing lifestyles in these developing nations is boosting the demand for bakery products.
Key players operating in the zinc dust market are Puratos (Belgium), IREKS GMBH (Germany), Lallemand Inc. (Canada), Lesaffre (France), Goodmills (Austria). Puratos is a global leader with a wide range of baking products. IREKS focuses on premixes and bakery ingredients. Lallemand enhances yeast and bakery products quality through science and innovation. Lesaffre develops ferments, plants, and baking ingredients. Goodmills supplies bakery mixes and raw materials.
For More Details On The Report, Read: https://www.newsstatix.com/the-global-zinc-dust-market-demand/
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The latest trending report Global Zinc Dust Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Zinc Dust market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.4% in the forecast period of 2020 to 2025 and will expected to reach USD 1468.2 million by 2025, from USD 1282.2 million in 2019.The Zinc Dust market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/17351-zinc-dust-market-analysis-reportMarket segmentationZinc Dust market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Zinc Dust market has been segmented into Chemical Grade, Paint Grade, etc.By Application, Zinc Dust has been segmented into Chemical Industry, Paint Industry, Pharmaceutical Industry, Other, etc.Regions and Countries Level AnalysisRegional analysis is another highly comprehensive part of the research and analysis study of the global Zinc Dust market presented in the report.
This section sheds light on the sales growth of different regional and country-level Zinc Dust markets.
For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Zinc Dust market.The report offers in-depth assessment of the growth and other aspects of the Zinc Dust market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
Crash Spare Parts Front Brake Disc(Rotor) to get OE#424924 Classification: Brake Disc Origin: Shandong, China.Machining: Turning, grinding Color: Gray, ebony, metal, gold.Brand: Confidential label, customized label.Transport Package: Box, carton, pallet, many.Anti-rust Methods: Oiled, coated, coated, zinc dust.Materials: Gray Iron, High Carbon, G3000, GG15HC, DIN, SAE.Accreditation: IATF16949, ISO14001, ISO45001, ECE R90, AMECA.Principal Market: South America, United states, Eastern Europe.Being some sort of world leading professional brake pieces manufacturer, Winhere produces more than 55 million units regarding brake discs and TEN million sets of brake pads annually for OEM as well as IAM.96%+ car parc policy of brake discs and brake pads from your to Z for the two passenger cars and financial vehicles.IATF16949, ISO14001, ISO45001, ECE R90, CNAS certificated.Nation's Green Manufacturer and China’s Champ Enterprise awarded by M. I. I. T. and C. F. I. E.Nation's Standard of “Brake Compact disk for Automobile” GB/T 34422-2017 is led by National Quality Supervision and Inspection Heart for automobile parts, Winhere may be the responsible drafting company for this national standard.100% critical dimensions, runout and DTV examination Material physical and inorganic inspection Test shear durability, compressibility, density, flatness and parallelism Test performance along with noise/NVH Being a globe leading professional brake segments manufacturer, Winhere produces over 55 million units involving brake discs and TEN million sets of brake pads annually for OEM as well as IAM.96%+ car parc policy of brake discs and brake pads coming from a to Z for both passenger cars and financial vehicles.IATF16949, ISO14001, ISO45001, ECE R90, CNAS certificated.Country wide Green Manufacturer and China’s Champ Enterprise awarded by M. MY SPOUSE AND I. I. T. and D. F. I. E.Nation's Standard of “Brake Cd for Automobile” GB/T 34422-2017 is actually led by National Top quality Supervision and Inspection Facility for automobile parts, Winhere is the responsible drafting company with this national standard.
Searching for Zinc Dust manufacturer in India?
If yes, then you can trust Vishnupriya Chemicals Pvt.
The company has realized that zinc dust is used in various processes.
With that realization, they have become one of the companies who produce the best quality zinc dust.
