A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Hot-Dip
Galvanization
Market. The
study, titled “Hot-Dip
Galvanization Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Galvanization
can be defined as the process of coating zinc to metals such as iron
or steel to prevent the process of rusting. Rusting not only makes
the outer appearance of the metal unpleasant, but also reduces the
tensile strength of the metal, thereby affecting the overall lifespan
of the metal. Galvanization can be done through different processes.
However, hot-dip galvanization and electrogalvanization are the
common types. Hot-dip galvanization helps deposit a thick layer of
zinc coating on the surface of the metal, while electrogalvanization
is applied when a thin layer of zinc coating is required. Hot-dip
galvanizing (HDG) is the process of dipping steel bar in a container
or kettle containing zinc in molten state. HDG metals offer several
advantages such as durability, abrasion resistance, uniform
protection, and complete coverage.
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Market Research Report @
HDG
metals are employed in a wide range of applications in industrial,
power, utility, petrochemical, and construction projects due to their
unmatched durability. The coating on the surface of the metal is
uniform in design, i.e. its thickness is the same across the edges as
in flat surfaces. HDG metals maintain their corrosion resistance
properties and fulfill the intended design life when exposed to UV
rays, snow, concrete, submerged in water, embedded in sand, or any
other harsh environment.
Based
on furnace type, the market for hot-dip galvanization can be
segmented into ceramic and steel kettle. Based on the type of
combustion system, the market can be segregated into oil, gas, and
electric. In terms of end-user industry, the market for hot-dip
galvanization can be divided into building & construction,
automotive, electric & electronics, and others.
The
market for hot-dip galvanization is anticipated to expand
significantly during the forecast period owing to the expansion of
end-user industries. Rise in demand for hot-dip galvanization
considering its low initial cost; easy availability; and high
durability, sustainability, and longevity is the primary factor
driving the hot-dip galvanization market. Development in the
construction industry is anticipated to offer opportunities to the
hot-dip galvanization market, as hot-dip galvanized products are used
as bars, rods, and sheets in infrastructure development. Increase in
renovation activities coupled with the rise in investment in
residential and commercial projects is estimated to boost the
construction industry. This, in turn, is projected to propel the
hot-dip galvanization market during the forecast period.
Geographically,
Asia Pacific held significant share of the global hot-dip
galvanization market in 2015 owing to the burgeoning construction and
automotive industries. The construction industry in Asia Pacific has
been expanding due to the rise in commercial and industrial
construction in developing economies such as India and China. Demand
for construction in residential and commercial sectors has been
increasing owing to several factors such as rise in per capita income
and spending, GDP growth, and urbanization in several economies in
Asia Pacific such as Singapore, Malaysia, and Thailand. Thus, growth
in construction activities is likely to augment the hot-dip
galvanization market in the region. Asia Pacific is followed by
Europe and North America. Europe holds large share of the hot-dip
galvanization market due to the presence of a strong automotive
industry. The hot-dip galvanization market in Latin America is
anticipated to register strong growth owing to the development in
residential and commercial construction projects in the region. Rapid
infrastructural development in the Middle East & Africa is
estimated to boost the demand for construction materials, thereby
driving the hot-dip galvanization market in the region.
Get
accurate market forecast and analysis on the Hot-Dip Galvanization
market. Request a sample to stay abreast on the key trends impacting
this market@
Major
players operating in the hot-dip galvanization market are Hasco
Thermic, WESTECH, GIMECO IMPIANTI SRL, C. H. Evensen Industriovner
AS, Srs Hot Dip Galvanizer, and CORROS METALS.
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)
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Us
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