Zinc is a widely used
metal which protects large structures by enhancing longevity and performance of
steel. It also proves to be one of the most effective & economical ways to
protect steel against corrosion. The global market for Zinc mining will see a
steady growth in the coming years, as the industrialized countries will require
better protection for their large structures, which will be achieved through
galvanizing steel structures, or coating them with Zinc.
The coating protects
the steel against deterioration which cost industrialized economies at least 4
percent of their total GDP every year, according to the International Zinc
Association (IZA) estimates. Less corrosion will lead to lower costs and lesser
maintenance requirements. Zinc has more attractive properties than any other
material that may be used to protect from corrosion. Some of the other Zinc
coating methods include Zinc-rich paint, electro-statically applied Zinc and
mechanically applied Zinc.
Zinc has several
industrial and product applications due to the properties it possess for
instance, due to its malleable nature it is extensively used in dry cell
batteries. Dry Cell batteries are utilized by the electrical industry for
powering hearing aids, wrist watches, calculators, etc. and for various other
aeronautical and military applications. Zinc is a versatile metal that doesn’t
change its property, even after recycling and has the ability to increase crop
production which contributes to sustainable development in many parts of the
world. Other common uses of Zinc are die casting and for the production of
brass & bronze which are used for Zinc sheet applications such as roofing,
gutters and downpipes.
With its ever
increasing areas of application, the global Zinc mining industry is expected to
grow in the upcoming years. China is the largest producer of Zinc, and
contributes to about one-third of the global production. Government regulations
to improve the air quality and limit the heavy metal run-off into farms are
likely to affect the Zinc mining market. With the growing demand for Zinc in
several application areas, the global Zinc mining market is showing increasing
demand all over the world.
Asia-Pacific region is
the largest producer of Zinc in the world. China is the market leader in terms
of Zinc production followed by India, Australia, Peru and the U.S. On the basis
of production methods used, the Zinc mining market can be segmented as:
- Under-ground
- Open-pit
- Combined open-pit & underground
mining.
The under-ground mines
account for the highest share in terms of production volume followed by
open-pit and combined open-pit & underground mining. On the basis of
application areas, the global Zinc mining market can be segmented as:
- Construction
- Transport
- Consumer goods
- Electrical appliances
- General engineering
Some of the key players
in the Zinc mining market include China Shenhua Energy, China Coal Energy,
Glencore Xstrata Plc (GLEN), BaoShan Iron & Steel, Scantech, Aluminum
Corporation of China, McArthur River and Carrington. Jinchuan Group, a merger
of Zijin Mining Group is one of the market leaders in terms of Zinc mining in
China. One of the world’s largest Zinc mines, the Red Dog mine is operated by a
U.S. based company. Some of the other players in this market include Vedanta
Resources, Proano, Campo Morado, La Ciénega and Penasquito mines. Nyrstar is a
company formed by collaboration between an Australian and Belgian company and
is also one of the top producers of Zinc. Some of the top Zinc mines in the
world are operated by Hindustan Zinc, NANA, MMG and Teck Resources.
More Report on Energy
and Mining Market: http://www.transparencymarketresearch.com/energy-market-reports-3.html
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological growth
map over time to understand the industry growth rate
- It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
· It helps in making informed business
decisions by having complete insights of market and by making in-depth analysis
of market segments.
Download PDF: Global Zinc Mining Market
Transparency Market
Research (TMR) is a market intelligence company providing global business
research reports and consulting services. Our exclusive blend of quantitative
forecasting and trends analysis provides forward-looking insights for thousands
of decision-makers.
TMR’s
experienced team of analysts, researchers, and consultants use proprietary data
sources along with various tools and techniques to gather and analyze
information. Our business offerings represent the latest and the most reliable
information which is indispensable for businesses to sustain their competitive
edge.
Contact
Us:
Sheela
AK
State
Tower,
90
State Street,
Suite
700,
Albany
NY – 12207
United
States
Tel:
+1-518-618-1030
Browse Market Research Report:-
.
0 comments:
Post a Comment