Zinc Coatings Market: Introduction

Zinc metal is used as suitable corrosion protective coating for iron and steel products as it possesses characteristics such as corrosion resistance in most environments and exposure conditions. Zinc corrosion products, collectively known as zinc patina, act as an additional barrier between steel or iron and the environment.

Zinc Coatings Market: Segmentation

The global zinc coatings market can be segmented based on type, process, end-use industry, and region. The types of zinc coatings are categorized based on the binder used during the manufacturing and formulation of the coating. This includes inorganic and organic zinc coatings. Inorganic zinc-rich coatings consist of silicate binders such as alkali silicate, water borne, and ethyl silicate solvent borne coatings. Wide range of binders, such as epoxy, alkyd, and polyurethane, is used in organic zinc coatings.

Zinc coatings are applied on steel or iron surfaces by electroplating, hot dip galvanizing, sherardizing, painting with zinc-rich coatings, zinc spraying (metallizing), and mechanical plating. Hot dip galvanizing is the most widely used process.

Based on end-use industry, the zinc coatings market can be classified into paints & coatings, automotive, oil & gas, building & construction, power generation, machinery, iron & steel, and transportation.

Zinc Coatings Market: Trends & Developments

Rapid urbanization and industrialization has boosted infrastructure development. The needs for corrosion protection of steel structures has also increased. This is driving the demand for zinc coatings market.

Manufacturers of zinc coatings are focusing on the development of advanced inorganic and organic zinc coatings, which do not require second coat. This is expected to reduce the handling cost, process cost, and energy cost. Manufacturers are using product innovation as a differentiating strategy to gain advantage over their competitors.

Inorganic zinc primers offer better galvanic protection compared to organic zinc primers, owing to the reactive nature of silicate binder with zinc particles. Organic zinc coatings encapsulate zinc particles. Inorganic zinc coatings can be formulated with higher volume of zinc owing to their reactive nature. Organic zinc primers are considerably less absorbent, since the binder which is used, fills the pores created by zinc loading.

Inorganic zinc primers are generally repaired using organic zinc primers, since inorganic zinc coatings have less adhesive binders and usually do not adhere well to each other once cured.

Zinc Coatings Market: Regional Outlook

North America dominates the global zinc coatings market. The region has witnessed an increasing adoption of advanced coating materials in infrastructural development in the region. The zinc coatings market in Asia Pacific is projected to expand at a significant pace owing to the expansion in end-use industries and rapid industrialization in the region. Growth in the building & construction sector has boosted the usage of zinc coatings for surface protection applications. The zinc coatings market in Japan is expected to create significant incremental opportunity during the forecast period owing to the presence of a dominant automotive sector in the country.

Zinc Coatings Materials Market: Key Players

Key players operating in the global zinc coatings market include The Jotun Group, Akzo Nobel N.V., Sumter Coatings, Inc., Rust Bullet Australia, Altex Coatings Ltd, Polyset Company, Anochrome Group, Specialized Coating Systems (Pty) Ltd., and Strands Industrial Coatings.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.