Zinc dust, also known as zinc powder, is a greyish-white coloured fine powder made up of Zn metal. Zinc dust has various applications in smelting and galvanizing of iron and steel, manufacturing of brass and bronze alloys, desulphurization in iron and steel making, production of other zinc compounds and as dusting powder. Zinc dust offers advantages such as high ductility, corrosion resistance, recyclability and energy absorption quality. With rapid growth of automotive industry worldwide, the demand for zinc and zinc alloys in manufacturing components such as engine parts is increasing significantly.

The Global zinc dust market is estimated to be valued at US$ 425.27 Bn in 2024 and is expected to exhibit a CAGR of 9.0% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Zinc Dust Market Growth are Puratos (Belgium), IREKS GMBH (Germany), Lallemand Inc. (Canada), Lesaffre (France), Goodmills (Austria). Puratos and IREKS collectively account for over 35% share of the global market.

Robust growth of automotive industry across developing economies along with rapid infrastructure development is fueling the demand for galvanized steel which in turn is propelling the zinc dust market.

Introduction of new production technologies by key players such as modified atmospheric sintering process is allowing for large scale and cost effective production of zinc dust meeting stringent quality standards.

Market Trends

Growing preference for green galvanizing process: Zinc dust is being increasingly used as an eco-friendly alternative to conventional hot-dip galvanizing process for coating steel as it eliminates use of hazardous chemicals and reduces carbon footprint.

Introduction of renewable energy based production: Major zinc producers are investing in renewable energy powered zinc dust production plants to reduce dependence on fossil fuels and lower carbon emissions helping achieve sustainability goals.

Market Opportunities

Expanding applications in 3D printing: R&D is ongoing to develop zinc powder formulations suitable for binder jet 3D printing technology which can open new growth avenues.

Increasing usage in zinc-air batteries: Zinc dust based zinc-air batteries are gaining traction for power backup applications due to their high energy density and recyclability providing huge market potential.

Impact of COVID-19 on Zinc Dust Market Growth
The COVID-19 pandemic has significantly impacted the growth of the global zinc dust market. During the initial phases of the pandemic in 2020, nations imposed strict lockdown measures which disrupted the global supply chains. This negatively affected the production and transportation of zinc dust around the world. With restrictions on movement of goods and people, the demand from end-use industries like construction, automotive, chemical also witnessed a steep decline in 2020.

However, with vaccination drives gaining pace in 2021 and gradual lifting of lockdowns, the market showed signs of recovery. The infrastructure spending by governments to boost economic recovery provided some impetus to the construction sector where zinc dust has key applications in galvanizing and hot-dip processes. The recovery of automotive production towards the later part of 2021 also supported improved demand.

Going forward, stabilization of supply chains and revival of demand from end-use industries is expected to aid the market's growth trajectory in 2022. Nonetheless, periodic resurgence of Covid variants remains a concern. Effective control measures to curb spread without impacting economies will be crucial for consistent market expansion in the forecast period. Manufacturers need to focus on ensuring stable supply while keeping production costs low to benefit from recovering global demand post pandemic.

Geographical Regions with Highest Concentration of Zinc Dust Market Value
Asia Pacific region holds the largest share of the global zinc dust market in terms of value. China, India, Japan and South Korea are among the key country markets where demand is concentrated owing to large production and consumption capacities for end-use industries. Availability of raw materials and low-cost manufacturing have supported the growth of zinc dust production hubs in the region. The APAC market is projected to continue leading over the forecast period with ongoing industrialization and infrastructure investments providing a robust platform for sustained demand.

Europe is the second largest region for zinc dust market worldwide facilitated by large automotive, construction and steel industries. Germany, UK, Italy, France have significant consumption. North America has also emerged as a major regional market especially driven by the USA. Focus on growth of manufacturing and presence of leading automobile manufacturers are driving factors for North American zinc dust usage.

Geographical Region with Fastest Growth in Zinc Dust Market
The Middle East & Africa region is expected to witness the fastest growth in the global zinc dust market during the forecast period between 2024 to 2031. This can be attributed to rising industrial development initiatives especially focused towards sectors like petrochemicals, construction, mining and utilities where zinc dust has promising applications.

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