Market Forecast by Countries (United States, Canada), By Type (Purity 99%, Purity 99.5%, Purity 99.9%, Purity 99.95%, Purity 99.99%, Purity 99.999%, Others), By Application (Laboratory, Industrial Application, Industrial Chemistry, Others) And Competitive Landscape
Product Code: ETC404916 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The North America zinc foil market is expected to during the forecast period. The growth can be attributed to increasing applications in various industries such as automotive, food processing, and electronics. Furthermore, government initiatives such as Green Home Plan 2020 by the U.S., and the Growth Agenda for Manufacturing 2020 by Japan are also propelling the growth of this market. However, some restraining factors include rising prices of raw materials and difficulties in scaling up production due to high expenditure on R&D activities.
According to 6Wresearch, the North America Zinc Foil Market size is expected to grow during 2022-2028. Zinc foil is used as a barrier layer in electronic devices and packaging applications to protect the product from moisture, oxygen, and other environmental factors. Some of the market drivers for the growth of this market include increasing demand from emerging economies such as China and India, increase in new product launches, and increasing use of automated sorting systems.
The North America zinc foil market is expected to grow at a CAGR of XX% during 2016-2021 owing to increasing awareness about the benefits of using this product across various industries. The following are some key growth drivers for the market:
North America is among the largest producer of zinc foils in the world. The United States is the largest producer of zinc foils in North America. The US market is expected to grow at a rate higher than that of other countries over the next few years. The increasing demand for electric vehicles and other high-tech products will help drive North America Zinc Foil Market growth.
Canada is also a producer of zinc foils. are two of North America's leading producers of zinc foils. The United States and Canada markets are expected to grow at a faster rate than other markets over the next few years due to increased investment in new production facilities by these countries.
Zinc foil is used in a variety of applications because of its unique properties. It is corrosion resistant and has a high melting point, making it ideal for use in a number of different industries. Zinc foil is also non-toxic and recyclable, making it a sustainable choice for many applications.
The purity of zinc foil is an important factor to consider when selecting a supplier. The purity of the zinc used in the manufacturing process will determine the quality of the final product. A high purity zinc foil will have fewer impurities and be less likely to corrode or tarnish over time. When selecting a supplier, be sure to ask about the purity of their zinc foil and what steps they take to ensure a high-quality product.
Zinc foil is extensively used in the electronics industry for the fabrication of batteries, capacitors, and other electronic components. It is also used in the automotive industry for the production of fuel cells and catalytic converters. Zinc foil is an excellent conductor of electricity and heat, which makes it ideal for use in a wide variety of industrial applications.
The outbreak of COVID-19 in North America is expected to have a negative impact on the North America Zinc Foil Market revenue. The outbreak has led to lockdown and shutdown of several manufacturing units in the region, which has resulted in a decrease in demand for zinc foil from various end-use industries. Furthermore, the closure of construction sites due to lockdown restrictions is also expected to hamper the market growth in the near future.
The companies are involved in manufacturing, distributing, and selling zinc foil products across the globe. They often adopt different marketing strategies to target specific regions or customer segments. For instance, BASF SE focuses on marketing its products as environmentally friendly alternatives to traditional packaging materials such as plastics and paperboard while Bayer AG emphasizes product safety and performance qualities in its marketing campaigns.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Zinc Foil Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Zinc Foil Market Revenues & Volume, 2021 & 2028F |
3.3 North America Zinc Foil Market - Industry Life Cycle |
3.4 North America Zinc Foil Market - Porter's Five Forces |
3.5 North America Zinc Foil Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 North America Zinc Foil Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 North America Zinc Foil Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 North America Zinc Foil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Zinc Foil Market Trends |
6 North America Zinc Foil Market, 2018 - 2028 |
6.1 North America Zinc Foil Market, Revenues & Volume, By Type, 2018 - 2028 |
6.2 North America Zinc Foil Market, Revenues & Volume, By Application, 2018 - 2028 |
7 United States Zinc Foil Market, 2018 - 2028 |
7.1 United States Zinc Foil Market, Revenues & Volume, By Type, 2018 - 2028 |
7.2 United States Zinc Foil Market, Revenues & Volume, By Application, 2018 - 2028 |
8 Canada Zinc Foil Market, 2018 - 2028 |
8.1 Canada Zinc Foil Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 Canada Zinc Foil Market, Revenues & Volume, By Application, 2018 - 2028 |
9 North America Zinc Foil Market Key Performance Indicators |
10 North America Zinc Foil Market - Opportunity Assessment |
10.1 North America Zinc Foil Market Opportunity Assessment, By Countries, 2021 & 2028F |
10.2 North America Zinc Foil Market Opportunity Assessment, By Type, 2021 & 2028F |
10.3 North America Zinc Foil Market Opportunity Assessment, By Application, 2021 & 2028F |
11 North America Zinc Foil Market - Competitive Landscape |
11.1 North America Zinc Foil Market Revenue Share, By Companies, 2021 |
11.2 North America Zinc Foil Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |