How Big is the Zinc Market | Insights, Trends & Growth Analysis 2025

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Code: MTA9899

Publication Date: Oct 2025

How Big is the Zinc Market?

According to 6Wresearch internal database and industry insights, the Global Zinc Market was valued at USD 47 Billion in 2024 and is expected to reach USD 58 Billion by 2031, growing at a compound annual growth rate of 5% during the forecast period (2025-2031).

Due to increased demand for zinc in construction, automotive, and electronics industries, alongside its essential use in galvanization processes and the production of alloys are all the main factors driven by the market.

Key Growth Drivers of the Zinc Market

Growing demand for zinc in construction for its corrosion-resistant properties
Increased use of zinc in the automotive industry, especially for galvanizing steel
Expanding applications of zinc in electronics, including batteries
The usage in energy storage solutions, such as zinc-based batteries
The demand for zinc in healthcare for its nutritional and medicinal uses

Zinc Market Trends

The Zinc Market is set to grow with notable trends such as a rising emphasis on sustainable development and the use of recycled zinc. The construction industry is one of the key drivers, with zinc corrosion resistance playing a vital role in increasing its demand for roofing and cladding materials. The automotive industry is also using more zinc to galvanize steel, which makes vehicles last longer. This is also increasing its use. Zinc-based batteries are also becoming more popular as possible alternatives for energy storage solutions on the market. Also, the electronics industry is quickly increasing its need for zinc, especially for semiconductors and connectors.

Emerging Developments in the Zinc Market

The Zinc Market is evolving with advancements in zinc-based battery technology, including zinc-air and zinc-ion batteries, which are gaining attention for their potential in the energy storage market. The development toward electric cars and renewable energy is driving up the need for zinc in battery technologies. There is also more interest in how zinc can help the environment by recycling and making processes more efficient. Also, new ways of making zinc, like making the extraction process better and making the metal cleaner, are helping the market grow. More businesses are using zinc due to it is affordable and lasts a long time.