LONDON–(BUSINESS WIRE)–Dec 29, 2020–
The zinc market is expected to grow by 1286.00 thousand tons during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the zinc market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Global Zinc Market 2021-2025 (Graphic: Business Wire)
The zinc market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the next normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure.Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Zinc Market Participants:
Boliden Group operates the business in various segments such as Mines. The company is involved in the mining and smelting of zinc.
Glencore Plc operates the business in various segments such as Industrial and Marketing. The company is involved in the mining and processing of zinc.
Hindustan Zinc Ltd. operates the business in various segments such as Zinc, Lead, Silver, and others, and Wind Energy. The company is involved in the smelting and mining of zinc.
Zinc Market 2021-2025: Segmentation
The zinc market is segmented as below:
- End-user
- Construction
- Transportation
- Consumer Goods
- Others
- Application
- Galvanizing
- Die Casting
- Brass And Bronze
- Others
- Geography
- APAC
- Europe
- North America
- South America
- MEA
The zinc market is driven by growing demand from developing countries. In addition, other factors such as the growing need for galvanized steel are expected to trigger the zinc market toward witnessing a CAGR of about 2% during the forecast period.
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
CONTACT: Technavio Research
Media & Marketing Executive
Email:[email protected]
Website:www.technavio.com/
INDUSTRY KEYWORD: NATURAL RESOURCES MANUFACTURING STEEL OTHER NATURAL RESOURCES MINING/MINERALS
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 12/29/2020 09:35 AM/DISC: 12/29/2020 09:35 AM
Copyright Business Wire 2020.
