Latin America Zinc Market (2021-2027) | Size, Revenue, Forecast, Trends, Growth, Industry, Outlook & COVID-19 IMPACT

Latest (2023) Developments in the Latin America Zinc Market

The zinc market in Latin America is poised for significant growth over the next several years. With a projected CAGR of 4.9% from 2021 to 2027, industry experts predict that demand for this versatile metal will continue to rise across the region.

One key development driving this trend is increased infrastructure spending throughout Latin America. As countries invest in new roads, bridges, and other critical infrastructure projects, demand for zinc-based products like galvanized steel and coated roofing materials is expected to surge.

At the same time, rising consumer demand for electronics and appliances has also contributed to growing need within the zinc market. Zinc's unique properties make it ideal for use in batteries and other electronic components - a trend that shows no signs of slowing down anytime soon.

These latest developments point towards an exciting future for the Latin American zinc industry. As new opportunities emerge and existing markets expand, companies in this sector are well-positioned to capitalize on these trends and drive continued growth across the region.

Latin America Zinc Market Synopsis

The Latin America Zinc Market is expected to grow significantly from 2021 to 2027 due to the rising demand for zinc in various industries. This growth is driven by several factors such as increasing investments in infrastructure projects, growing automotive sector, and expanding mining activities.

As one of the essential metals with excellent properties that make it suitable for a wide range of applications, zinc has been widely used in construction materials, electrical components, batteries, and more. With its anti-corrosion properties and durability features, it has become an indispensable material for many applications.

In terms of market segmentation, the Latin America Zinc Market can be classified into product type (zinc oxide and zinc sulfate), application (agriculture & animal husbandry, food & pharmaceuticals industry), end-user (automotive parts manufacturing), and region.

Furthermore, there are a few challenges faced by the market such as fluctuating prices of raw materials used in making different products which affect supply chain management processes. Nevertheless, significant government initiatives around renewable energy production have opened newer avenues of growth opportunities that could potentially overcome these challenges.

We can say that this market's future looks bright because it offers massive potential both domestically within Latin American countries but also globally with increased exports outside South America.

COVID-19 Impact on the Latin America Zinc Market

The COVID-19 pandemic has had a significant impact on the global economy, and the Latin America zinc market was not immune. The region's economies were hit hard by lockdowns and travel restrictions, leading to reduced demand for zinc in various industries.

The construction sector is one of the largest consumers of zinc in Latin America, but with many construction projects put on hold due to the pandemic, demand for zinc decreased significantly. Similarly, the transportation and infrastructure sectors also experienced a slump in business activity resulting from lower consumer confidence.

Moreover, disruptions in supply chains led to delays and shortages of raw materials needed for production. This further affected consumption levels as companies struggled to procure enough resources.

Despite these challenges, there are signs that the market is slowly recovering as countries begin easing restrictions and resuming economic activities. As vaccination programs roll out across the region and stimulus packages support businesses' recovery processes; it’s expected that we will see an increase in demand for Zinc within the 2021 - 2027 period.

Key Players in the Latin America Zinc Market

The Latin America Zinc Market (2021-2027) is expected to experience significant growth in the forecast period. The increasing demand for zinc in various industries such as construction, automotive, and electronics is driving market growth. Moreover, the expanding mining industry and supportive government regulations are also contributing to this growth.

Key players in the Latin America Zinc Market include Nexa Resources S.

A., Teck Resources Limited, Votorantim Metais Holding S.

A. BHP Billiton Ltd., Glencore Xstrata Plc, Nyrstar NV, MMG Ltd., Grupo Mexico S.

These companies are focusing on strategic initiatives such as mergers & acquisitions, partnerships & collaborations, new product launches and capacity expansions to strengthen their position in the market. For instance, In August 2020,Nexa Resources signed an agreement with Karmin Exploration Inc. to acquire all of its outstanding shares and become the sole owner of Aripuanã project which is rich in zinc mineralization.

In conclusion, the competitive landscape of the Latin America Zinc Market (2021-2027) seems promising with opportunities for several players who can offer high-quality products at competitive prices.

The region has vast untapped potential that could be explored by key players through innovative strategies leading to great success both locally and globally.

Key Highlights of the Report:

• Latin America Zinc Market Outlook
• Market Size of Latin America Zinc Market, 2020
• Forecast of Latin America Zinc Market, 2027
• Historical Data and Forecast of Latin America Zinc Revenues & Volume for the Period 2017 - 2027
• Latin America Zinc Market Trend Evolution
• Latin America Zinc Market Drivers and Challenges
• Latin America Zinc Price Trends
• Latin America Zinc Porter's Five Forces
• Latin America Zinc Industry Life Cycle
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Galvanizing? for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Die casting for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Brass and bronze for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Galvanizing? for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Die casting for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Brass and bronze for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Galvanizing? for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Die casting for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Brass and bronze for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Galvanizing? for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Die casting for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Brass and bronze for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Galvanizing? for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Die casting for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Brass and bronze for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Construction? for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Transportation? for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Consumer goods for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Construction? for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Transportation? for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Consumer goods for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Construction? for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Transportation? for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Consumer goods for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Construction? for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Transportation? for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Consumer goods for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By End-users for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Construction? for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Transportation? for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Consumer goods for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Zinc Market Revenues & Volume By Others? for the Period 2017 - 2027
• Latin America Zinc Market - Key Performance Indicators
• Latin America Zinc Market - Import Export Trade Statistics
• Latin America Zinc Market - Opportunity Assessment By Countries
• Latin America Zinc Market - Opportunity Assessment By Applications
• Latin America Zinc Market - Opportunity Assessment By End-users
• Latin America Zinc Market - Top Companies Market Share
• Latin America Zinc Market - Top Companies Profiles
• Latin America Zinc Market - Comparison of Players in Technical and Operating Parameters
• Latin America Zinc Market - Strategic Recommendations