Middle East and Africa Zinc Market are driven by expanding construction and industrial market raising Infrastructure. This market is mainly driven by the Zinc-air battery market and is estimated to observe a mixed economic growth, with growth rates in different countries depending upon the level of natural resources prevailing in the country and access to energy at affordable rates in different countries. The Middle East and Africa are projected to be the fastest-growing market during the forecast period. Moreover, the growing investments in supporting the establishment of new manufacturing facilities is driving the demand for Zinc in the region. Stringent government regulations and environmental concerns like EPA are challenges of zinc production from mines.
According to 6Wresearch, the Middle East and Africa (MEA), Zinc Market size is anticipated to grow during 2020-26. The increasing construction activities and vast urbanization in these countries are expected to increase the demand for the zinc market in the Middle East and Africa region. With an increase in manufacturing and construction projects, the scope and potential for the global zinc mining market are expected to significantly rise in the forecast period. It is expected to reach a value of nearly $9.67 billion by 2022. The substantial growth in the zinc mining market is due to an increase in various heavy industries in developing countries owing to the rise in population and infrastructure. However, the market for zinc mining is expected to face certain restraints from several factors such as interest rate increases, workforce issues and the safety matters of workers. And the rigid issue is compensation to workers after any calamity.
The major market segments for the zinc market include Galvanizing, Die casting, Brass and bronze and others. The outbreak of COVID-19 is having a significant impact on business and the economy. Industry growth in the Middle East is expected to witness a negative impact in the year 2020 due to manufacturing lockdown and labor shortage. It is expected that the market would recover from the year 2021 because the growing popularity of electric vehicles is expected to drive the demand for automotive tires, thereby propelling the consumption of tires in the automotive industry which in turn will boost the zinc chemical market.
The Middle East and Africa Zinc market report comprehensively cover the market by applications, end-users, and countries including UAE, Qatar, Bahrain, Saudi Arabia, South Africa, Kenya, Nigeria and the rest of the Middle East & Africa. The Middle East and Africa Zinc market outlook report provide an unbiased and detailed analysis of the Middle East and Africa Zinc market trends, Middle East and Africa Zinc Market size opportunities, high growth areas, Middle East and Africa Zinc Market share, and market drivers, which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights
- Middle East and Africa Zinc Market Outlook
- Middle East and Africa Zinc Market Overview
- Middle East and Africa Zinc Market Forecast
- Historical Data for the period 2016-2019 and Market Forecast of Middle East and Africa Zinc Market Revenues until 2026
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By End Users
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Saudi Arabia Zinc Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Bahrain Zinc Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Qatar Zinc Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for UAE Zinc Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Africa Zinc Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Kenya Zinc Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Nigeria Zinc Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Middle East and Africa Zinc Market
- Market Drivers and Restraints
- Middle East and Africa Zinc Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Middle East and Africa Zinc Market Share, By Players
- Competitive Benchmarking
Markets Covered
The report provides a detailed analysis of the following market segments:
- By End Users:
- Construction
- Transportation
- Consumer Goods
- Others
- By Application:
- Galvanization
- Die Casting
- Brass and Bronze
- Others
- By Countries:
- Saudi Arabia
- Bahrain
- Qatar
- UAE
- South Africa
- Kenya
- Nigeria
- Rest of Middle East and Africa
