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    North America Zinc Market

    ID: MRFR/CnM/47159-HCR
    200 Pages
    Chitranshi Jaiswal
    October 2025

    North America Zinc Market Research Report By Form (Powder, Sheet, Others), By Application (Galvanizing, Die Casting, Others), By End-Use Industry (Galvanizing, Die Casting, Others) and By Regional (US, Canada) - Forecast to 2035

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    North America Zinc Market Infographic
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    North America Zinc Market Summary

    As per MRFR analysis, the North America zinc market Size was estimated at 4672.0 $ Million in 2024. The North America zinc market is projected to grow from 4932.7 $ Million in 2025 to 8491.6 $ Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.58% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The North America zinc market is experiencing a robust growth trajectory driven by sustainability and technological advancements.

    • Sustainable practices in zinc production are increasingly being adopted across the North American market, particularly in the US.
    • Technological advancements are enhancing production efficiency and reducing environmental impact, especially in Canada.
    • The growing demand from key industries such as construction and automotive is propelling market expansion in both regions.
    • Infrastructure development initiatives and automotive sector expansion are major drivers fueling the growth of the zinc market.

    Market Size & Forecast

    2024 Market Size 4672.0 (USD Million)
    2035 Market Size 8491.6 (USD Million)

    Major Players

    Nyrstar (BE), Teck Resources (CA), Glencore (CH), Southern Copper Corporation (US), Hindustan Zinc (IN), Korea Zinc (KR), Boliden (SE), China Zinc Corporation (CN)

    North America Zinc Market Trends

    The zinc market in North America is currently experiencing a dynamic phase characterized by evolving demand and supply dynamics. The region's industrial activities, particularly in construction and automotive sectors, are driving the need for zinc, which is primarily utilized for galvanization and alloy production. Furthermore, the increasing focus on sustainable practices and the circular economy is influencing the market landscape. Recycling of zinc is gaining traction, as it offers an environmentally friendly alternative to primary production, thereby reducing the carbon footprint associated with mining and processing. In addition, the regulatory environment in North America is becoming more stringent, with policies aimed at reducing emissions and promoting the use of recycled materials. This shift is likely to encourage manufacturers to adopt innovative technologies and processes that enhance efficiency and sustainability. As a result, the zinc market is poised for growth, with opportunities emerging from advancements in technology and changing consumer preferences. The interplay between these factors suggests a complex yet promising future for the zinc market in North America.

    Sustainable Practices in Zinc Production

    The emphasis on sustainability is reshaping the zinc market. Companies are increasingly adopting eco-friendly practices, focusing on recycling and reducing waste. This trend aligns with broader environmental goals and regulatory frameworks aimed at minimizing the ecological impact of industrial activities.

    Technological Advancements

    Innovations in extraction and processing technologies are enhancing the efficiency of zinc production. These advancements may lead to lower operational costs and improved product quality, thereby attracting more investments into the zinc market.

    Growing Demand from Key Industries

    The construction and automotive sectors are driving demand for zinc. As these industries expand, the need for zinc for galvanization and alloying purposes is likely to increase, indicating a robust growth trajectory for the zinc market.

    North America Zinc Market Drivers

    Renewable Energy Projects

    The surge in renewable energy projects across North America is likely to impact the zinc market positively. As the region transitions towards sustainable energy sources, the demand for zinc in solar panel production and wind turbine manufacturing is expected to increase. In 2025, investments in renewable energy are projected to exceed $100 billion, which may lead to a corresponding rise in the need for zinc-based materials. The zinc market could benefit from this trend, as zinc's properties make it an ideal choice for enhancing the durability and efficiency of renewable energy technologies. This growing sector may create new opportunities for zinc producers and suppliers.

    Automotive Sector Expansion

    The expansion of the automotive sector in North America is another pivotal driver for the zinc market. As the automotive industry increasingly adopts lightweight materials to improve fuel efficiency, zinc is becoming a preferred choice for various applications, including coatings and die-casting. In 2025, the North American automotive production is anticipated to reach approximately 15 million units, which could lead to a substantial increase in zinc consumption. The trend towards electric vehicles (EVs) also suggests a potential rise in demand for zinc, as these vehicles require advanced materials for battery casings and structural components. Thus, the automotive sector's growth is likely to bolster the zinc market significantly.

    Regulatory Framework Enhancements

    The evolving regulatory framework in North America concerning environmental standards is likely to influence the zinc market. Stricter regulations aimed at reducing emissions and promoting sustainable practices may drive industries to seek zinc as a more environmentally friendly alternative for various applications. For instance, the automotive and construction sectors are increasingly adopting zinc coatings to enhance corrosion resistance while minimizing environmental impact. As companies strive to comply with these regulations, the demand for zinc products may rise. The zinc market could see a shift towards more sustainable production methods, aligning with regulatory expectations and consumer preferences.

    Infrastructure Development Initiatives

    The ongoing infrastructure development initiatives in North America are poised to drive the zinc market significantly. With the increasing focus on upgrading transportation networks, bridges, and public facilities, the demand for zinc, a critical component in galvanization and corrosion resistance, is expected to rise. In 2025, the North American construction sector is projected to grow by approximately 5%, which could lead to a heightened requirement for zinc products. This growth is likely to be fueled by government investments and private sector projects aimed at enhancing infrastructure resilience. Consequently, the zinc market may experience a surge in demand as construction companies seek reliable materials to ensure longevity and durability in their projects.

    Technological Innovations in Zinc Production

    Technological innovations in zinc production processes are expected to play a crucial role in shaping the zinc market. Advances in extraction and refining techniques may lead to increased efficiency and reduced costs, making zinc more accessible to various industries. In 2025, the implementation of new technologies could potentially enhance production capacity by up to 20%, thereby meeting the growing demand from sectors such as construction and automotive. These innovations may also contribute to more sustainable practices, aligning with the industry's shift towards environmentally friendly operations. Consequently, the zinc market is likely to benefit from these advancements, fostering growth and competitiveness.

    Market Segment Insights

    By Form: Powder (Largest) vs. Sheet (Fastest-Growing)

    In the North America zinc market, the segment distribution shows that Powder holds the largest share, primarily due to its widespread applications across various industries, including construction and automotive. Sheet, on the other hand, has shown a notable increase in its share, driven by a surge in demand from the manufacturing sector, which is increasingly leaning towards lightweight and durable materials for their products. The growth trends in this segment reveal that while Powder maintains a stronghold, the Sheet form is rapidly gaining traction as industries adopt advanced technologies that favor zinc sheets. Factors such as increasing construction activities, coupled with the rising demand for sustainable materials, are propelling this shift. Additionally, innovations in processing techniques are enhancing the appeal of Sheet as a competitive alternative to traditional materials.

    Powder (Dominant) vs. Sheet (Emerging)

    The Powder segment, being the dominant form in the market, is characterized by its versatility and adaptability across multiple applications, ranging from galvanization to alloying. Its extensive use in various industrial processes solidifies its market position. On the other hand, the Sheet segment is emerging as a significant player, primarily due to its unique properties such as lightweight and high strength, making it suitable for modern manufacturing needs. As industries continue to innovate and seek efficient materials, the Sheet segment is being recognized for its potential to meet these demands, supported by advancements in production methods and design.

    By End-Use: Construction (Largest) vs. Transportation (Fastest-Growing)

    The North America zinc market is significantly influenced by three main end-use sectors: Construction, Transportation, and Consumer Goods. Among these, the Construction segment holds the largest market share, driven by increased demand for galvanization and other zinc applications in building infrastructure. The Transportation sector, although smaller in comparison, is rapidly gaining traction due to rising automotive production and the growing need for lightweight materials that enhance fuel efficiency. The growth trends indicate a robust expansion for both Construction and Transportation segments. The Construction sector is spurred by ongoing urbanization and infrastructure development projects, which rely heavily on zinc's durability. Meanwhile, the Transportation sector's fast-paced growth is attributed to innovations in automotive technology, where zinc components significantly contribute to vehicle efficiency and longevity, making it an emerging market leader.

    Construction: Traditional (Dominant) vs. Transportation: Automotive Parts (Emerging)

    The Construction sector remains dominant within the North America zinc market thanks to its broad application in galvanizing steel for various construction projects, roofing, and siding. Its established presence is characterized by a stable demand driven by mega construction projects and renovation activities. Conversely, the Transportation segment, particularly in automotive parts, is emerging rapidly due to a shift towards advanced materials that reduce vehicle weight while maintaining structural integrity. Automakers increasingly favor zinc coatings to prevent rust and corrosion, which bolsters the segment's appeal. As sustainability becomes a priority, both segments are adapting to new market demands, with Transportation showing significant potential for future growth.

    Get more detailed insights about North America Zinc Market

    Regional Insights

    US : Leading Market Share and Growth

    The US zinc market holds a commanding position with a market value of $4000.0 million, representing a significant share of North America's total zinc consumption. Key growth drivers include robust demand from the construction and automotive sectors, alongside increasing investments in infrastructure projects. Regulatory policies promoting sustainable mining practices and government initiatives aimed at enhancing domestic production are also pivotal. The industrial landscape is evolving, with advancements in technology facilitating more efficient extraction and processing methods.

    Canada : Growth Driven by Industrial Demand

    Canada's zinc market, valued at $672.0 million, is characterized by a growing demand primarily from the mining and manufacturing sectors. Provinces like British Columbia and Ontario are key markets, benefiting from rich mineral resources and supportive government policies. The competitive landscape features major players like Teck Resources and Glencore, which dominate production. Local market dynamics are influenced by environmental regulations and a focus on sustainable practices, fostering a favorable business environment for new entrants and innovations in zinc applications.

    North America Zinc Market Regional Image

    Key Players and Competitive Insights

    The North American zinc market exhibits a competitive landscape characterized by a blend of established players and emerging companies, driven by factors such as increasing demand for galvanized steel and the growing emphasis on sustainable practices. Key players like Teck Resources (CA), Nyrstar (BE), and Glencore (CH) are strategically positioned to leverage their operational strengths. Teck Resources (CA) focuses on innovation and sustainability, aiming to enhance its production efficiency while minimizing environmental impact. Nyrstar (BE) emphasizes regional expansion and digital transformation, seeking to optimize its operations through advanced technologies. Glencore (CH), with its extensive global network, is concentrating on supply chain optimization and strategic partnerships to maintain its competitive edge. Collectively, these strategies shape a dynamic competitive environment, fostering innovation and operational excellence.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The competitive structure of the zinc market appears moderately fragmented, with a few dominant players exerting considerable influence. This fragmentation allows for a diverse range of strategies, as companies seek to differentiate themselves through unique value propositions and operational efficiencies.

    In October 2025, Teck Resources (CA) announced a significant investment in a new zinc processing facility in British Columbia, aimed at increasing production capacity by 20%. This strategic move is expected to bolster Teck's market position, enabling it to meet the rising demand for zinc in various applications, particularly in the automotive and construction sectors. The investment underscores Teck's commitment to innovation and sustainability, aligning with industry trends towards environmentally responsible practices.

    In September 2025, Nyrstar (BE) launched a digital platform designed to enhance supply chain transparency and efficiency. This initiative is pivotal as it allows for real-time tracking of zinc production and distribution, thereby improving operational efficiency and customer satisfaction. By embracing digital transformation, Nyrstar positions itself as a forward-thinking player in the market, likely attracting clients who prioritize transparency and reliability in their supply chains.

    In August 2025, Glencore (CH) entered into a strategic partnership with a leading technology firm to integrate AI-driven analytics into its zinc production processes. This collaboration aims to optimize resource allocation and reduce operational costs by up to 15%. The integration of AI signifies a broader trend within the industry, where technology is leveraged to enhance productivity and sustainability, potentially reshaping competitive dynamics.

    As of November 2025, current trends in the zinc market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in navigating complex market challenges. Looking ahead, competitive differentiation is likely to evolve, shifting from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability. This transition may redefine the competitive landscape, compelling companies to adopt more sophisticated strategies to maintain their market positions.

    Key Companies in the North America Zinc Market market include

    Industry Developments

    The North America Zinc Market has seen significant developments recently, with companies like Pan American Silver and Teck Resources actively expanding their operations. In September 2023, Southern Copper Corporation announced enhanced production capabilities to meet increasing demand, while Anaconda Mining reported successful exploration results that boosted investor confidence in their projects. Additionally, Osisko Mining and Hecla Mining have focused on sustainable mining practices, aligning with industry trends towards environmental responsibility. In terms of mergers and acquisitions, Glencore acquired a stake in the North American operations of First Majestic Silver in August 2023, strengthening its position in the market.

    Royal Gold has also been active, recently forming a strategic partnership with Hindustan Zinc to enhance their resource base. American Zinc Recycling, not to be overlooked, expanded its operations in October 2023 through a joint venture with BHP, reflecting the growing interest in zinc recycling within the industry. 

    Notably, the market has benefitted from a steady increase in zinc prices, driven by demand from the automotive and construction sectors. Major events over the past two years also include Nyrstar's investments in upgrading its facilities, contributing to a surge in North America’s production capacity.

    Future Outlook

    North America Zinc Market Future Outlook

    The zinc market is projected to grow at a 5.58% CAGR from 2024 to 2035, driven by increasing demand in construction, automotive, and renewable energy sectors.

    New opportunities lie in:

    • Expansion of zinc recycling facilities to meet sustainability goals.
    • Development of advanced zinc alloys for automotive applications.
    • Investment in zinc-based energy storage solutions for renewable integration.

    By 2035, the zinc market is expected to achieve robust growth, driven by innovation and sustainability initiatives.

    Market Segmentation

    North America Zinc Market Form Outlook

    • Powder
    • Sheet

    North America Zinc Market End-Use Outlook

    • Construction
    • Transportation
    • Consumer Goods

    Report Scope

    MARKET SIZE 20244672.0(USD Million)
    MARKET SIZE 20254932.7(USD Million)
    MARKET SIZE 20358491.6(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)5.58% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Nyrstar (BE)", "Teck Resources (CA)", "Glencore (CH)", "Southern Copper Corporation (US)", "Hindustan Zinc (IN)", "Korea Zinc (KR)", "Boliden (SE)", "China Zinc Corporation (CN)"]
    Segments CoveredForm, End-Use
    Key Market OpportunitiesGrowing demand for sustainable zinc applications in renewable energy and construction sectors.
    Key Market DynamicsRising demand for galvanized steel drives growth in the zinc market amid evolving regulatory frameworks.
    Countries CoveredUS, Canada

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    FAQs

    What was the expected market size of the North America Zinc Market in 2024?

    The North America Zinc Market was expected to be valued at 4.8 billion USD in 2024.

    What will be the market size of the North America Zinc Market by 2035?

    By 2035, the market size of the North America Zinc Market is projected to reach 7.5 billion USD.

    What is the expected CAGR for the North America Zinc Market from 2025 to 2035?

    The expected CAGR for the North America Zinc Market from 2025 to 2035 is 4.141 percent.

    Which region held the largest market share in the North America Zinc Market in 2024?

    In 2024, the US held the largest market share in the North America Zinc Market, valued at 2.9 billion USD.

    How is the Canadian market size projected to grow by 2035?

    The Canadian segment of the North America Zinc Market is expected to grow to 3.0 billion USD by 2035.

    What was the expected market value for zinc powder in 2024?

    The zinc powder segment of the North America Zinc Market was expected to be valued at 1.5 billion USD in 2024.

    What key players dominate the North America Zinc Market?

    Major players in the North America Zinc Market include Pan American Silver, Teck Resources, Southern Copper Corporation, and Glencore, among others.

    What is the anticipated value of the zinc sheet segment by 2035?

    The zinc sheet segment is anticipated to reach a value of 3.3 billion USD by 2035.

    What challenges might impact the growth of the North America Zinc Market?

    Challenges such as fluctuating raw material prices and environmental regulations may impact the growth of the North America Zinc Market.

    What growth opportunities exist for the zinc market during the forecast period?

    Opportunities for growth in the North America Zinc Market may arise from increasing demand in the construction and automotive industries during the forecast period.

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