Zinc fell to 3,063.05 USD/T on December 2, 2025, down 1.24% from the previous day. Over the past month, Zinc's price has fallen 1.42%, and is down 1.26% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Zinc - values, historical data, forecasts and news - updated on December of 2025.

In 2024, the average price for zinc stood at 2,776 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for zinc from 2014 to 2024, with forecast figures for 2025 through 2026.

The Zinc Report is Segmented by Form (Refined Zinc (Slab), Zinc Alloys, and More), Production Process (Primary Production (Mining and Smelting) and Secondary Production (Recycling)), Application (Galvanizing, Die-Casting, Brass, and More), End-User Industry (Construction, Transportation, Electrical and Electronics, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Zinc prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 1291.18 USD per metric ton with a minimum of 176.6 USD per metric ton in September 1962 and a maximum of 4405.4 USD per metric ton in December 2006. | TheGlobalEconomy.com

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Zinc Market Size 2025-2029

The zinc market size is forecast to increase by USD 4.46 billion, at a CAGR of 2.8% between 2024 and 2029.

The market is shaped by the dynamic interplay of several key drivers and trends. The most prominent of these is the ongoing industrialization in emerging economies, which continues to fuel demand for zinc in various sectors, particularly in construction and automotive industries. This trend is expected to persist, driven by the expanding middle class in these regions and their increasing disposable income. However, the market landscape is not without challenges. Supply chain disruptions pose a significant threat to the stability of the market. These disruptions can stem from various sources, including geopolitical instability, extreme weather events, and production issues.
For instance, the closure of major mines due to environmental concerns or labor disputes can lead to a significant reduction in supply, causing price volatility. Companies operating in this market must remain agile and adaptable, implementing robust risk management strategies to mitigate the impact of these disruptions on their operations. Additionally, the introduction of new zinc-based products, such as advanced batteries for electric vehicles, presents both opportunities and challenges. While these innovations can expand the market, they also introduce new competitors and increase pressure on existing players to innovate and differentiate. To capitalize on the opportunities and navigate the challenges, companies must stay informed of market trends, invest in research and development, and build resilient supply chains.

What will be the Size of the Zinc Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by the diverse applications of this essential micronutrient across various sectors. In agriculture, for instance, the demand for slow-release zinc fertilizers is on the rise, as farmers seek to optimize zinc nutritional status in their crops. Zinc fertilization methods have evolved beyond traditional inorganic sources, with organic zinc sources gaining traction due to their potential to enhance soil health and reduce zinc toxicity. Zinc chelates, such as zinc-iron interaction, play a crucial role in enhancing zinc bioavailability and micronutrient uptake. Foliar zinc application is another emerging trend, as it enables direct delivery of zinc to the plant, bypassing potential soil limitations.

The use of zinc-coated urea and zinc oxide nanoparticles also offers advantages in terms of improved zinc solubility and reduced environmental impact. Plant zinc metabolism is a complex process involving zinc transporter proteins and zinc-responsive genes. Zinc deficiency correction is a critical concern, as zinc deficiency symptoms can significantly impact crop yield. For instance, a study showed that zinc deficiency in wheat can lead to a yield loss of up to 20%. Industry growth in the market is expected to remain robust, with estimates suggesting a steady increase in demand due to the ongoing need for zinc in various applications.

The zinc-phosphorus interaction and Zinc Sulfate heptahydrate are essential components in numerous industrial processes, while zinc in photosynthesis plays a vital role in maintaining plant health. The market is a dynamic and evolving landscape, with ongoing research and innovation driving the development of new zinc sources, fertilization methods, and applications. The continuous unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptive in this ever-changing market.

How is this Zinc Industry segmented?

The zinc industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Industrial
  Human health
  Others


End-user

  Construction
  Transportation
  Paints and coatings
  Electricals and electronics
  Others


Product Type

  Powder
  Solid metal


Geography

  North America

    US
    Canada


  Europe

    Belgium
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The industrial segment is estimated to witness significant growth during the forecast period.

Zinc, an essential micronutrient, plays a crucial role in various industrial and agricultural applications. In industry, zinc's primary use is in galvanization, where it forms a protective coating on steel, enhancing its resistance to corrosion. This property is vital in construction, infrastructure, automotive, and ship

In 2023, zinc had a market value of over ** billion U.S. dollars worldwide. With prospects in the consumer goods, transportation, industrial machinery, construction and infrastructure sectors, the global zinc market appears to have a promising future. Indeed, by 2030, the market value is forecast to reach some ** billion U.S. dollars.

The global zinc demand for renewable energy technologies is forecast to continuously increase during the next decade, from ******* metric tons in 2020 to ******* in 2030. Solar energy is expected to account for the largest share of this zinc consumption, with a forecast volume of ******* metric tons in 2030.

In Q3 2025, North America, the Zinc Price Index rose by 2.77% quarter-over-quarter, driven by firmer import offers. Check detailed insights for Europe and APAC.

The global Zinc market stood at approximately 14014 thousand tonnes in 2024 and is anticipated to grow at a CAGR of 2.96% during the forecast period until 2035.

The Zinc Market size is expected to reach a valuation of USD 41.50 billion in 2033 growing at a CAGR of 6.2%. The Zinc market research report classifies market by share, trend, demand, forecast and based on segmentation.

Get the latest insights on price movement and trend analysis of Zinc in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

LME Zinc USD Prices data, recent 6 years (traceable to Jan 02,2020), the unit is USD/t, latest value is 3139.65, updated at Nov 20,2025

Discover the latest trends and growth projections for the global zinc market. This comprehensive analysis explores drivers, restraints, and regional variations, providing insights into key players and future opportunities in construction, automotive, and other vital sectors. Projected to reach [estimated 2033 market size] by 2033, learn how this essential metal's market is evolving.

In 2021, the global zinc market increased by 13% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

The size of the Zinc Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 1.50">> 1.50% during the forecast period. Recent developments include: April 2022: Nyrstar Australia announced intentions to invest USD 285 million in the construction of a new electrolysis facility at its Hobart Zinc Works operations in Tasmania., September 2022: Agnico Eagle Mines agreed to purchase a 50% stake in Minas de San Nicolás (MSN), a wholly-owned subsidiary of Teck Resources that owns the San Nicolás copper-zinc development project in Zacatecas, Mexico.. Key drivers for this market are: Growing Demand From the Construction and Electronics Industry, Increasing Usage in the Automotive Industry. Potential restraints include: Growing Demand From the Construction and Electronics Industry, Increasing Usage in the Automotive Industry. Notable trends are: Construction Industry to Dominate the Market.

According to Cognitive Market Research, the zinc market size is expected to reach USD XX Million by 2024 and is projected to grow to USD XX Million by the end of 2033, expanding at a CAGR of XX% from 2025 to 2033.

Asia-Pacific held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
North America held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024 

MARKET DYNAMICS: KEY DRIVERS

Industrial Demand for zinc is driving market growth for the zinc market.

The global zinc market is significantly driven by industrial demand. Zinc is primarily utilized in galvanizing, a process that coats steel and iron to avert rust, thereby considerably extending the longevity of buildings, bridges, vehicles, and various infrastructures. The growing construction and infrastructure projects, particularly in fast-developing regions like Asia, have led to a sharp increase in the demand for galvanized steel. For example, China is the leading consumer of zinc globally, propelled by its flourishing construction industry and extensive urban development initiatives. In the U. S. and other developed nations, the construction and automotive sectors continue to heavily depend on zinc-coated steel for its durability and safety features. Additionally, the transportation industry utilizes zinc in die-casting alloys for automotive components, aiding in creating lighter and more corrosion-resistant vehicles. This persistent demand from the construction, automotive, and infrastructure sectors is a significant factor contributing to the worldwide rise in zinc usage. Furthermore, beyond traditional applications, new technologies and the transition to renewable energy are also propelling the market. Zinc' s importance is growing in the production of batteries for electric vehicles and energy storage solutions, as well as in components for solar panels and wind turbines. For instance, zinc thermal spray protects offshore wind energy towers against harsh marine conditions, while galvanized steel structures in ground- based solar panel setups ensure long- lasting durability. According to the International Zinc Association, a single 10 MW offshore wind turbine requires approximately 4 tonnes of zinc, whereas a 100 MW solar park, which can supply power to 110, 110,000 homes, needs about 240 tonnes of zinc. As the world shifts towards a low- carbon economy, zinc will continue to play a crucial role in supporting green technologies and infrastructures. The blend of traditional industrial applications and emerging uses in renewable energy is expected to sustain robust zinc demand, driving consistent market growth for the foreseeable future.

Source:https://www.zinc.org/renewable-energy/

Restraints

Government regulations are creating challenges like increased costs and reduced demand for zinc, which is hindering the growth of the zinc market.

Government regulations are increasingly shaping the growth and direction of the zinc market, often acting as significant restraints on its expansion. As global concerns over environmental sustainability grow, governments are implementing stricter rules to limit pollution and protect natural resources. In the zinc industry, mining and refining processes can lead to air and water pollution, as well as soil contamination, prompting authorities to enforce tougher environmental standards. In countries like the United States, regulations such as the National Environmental Policy Act (NEPA) require thorough environmental assessments for activities related to zinc mining and processing. These assessments can be complex and time-consuming, often delaying new projects or expansions. Complying with these environmental regulations means zinc producers must invest in advanced technology and improved infrastructure to reduce emissions and waste. These additional costs can make it more expensive to mine and process zinc, which may lead to higher prices for buyers and potentially limit supply. While these measures are important for protecting the environment and public health, they also create challenges for the zinc industry by increasing operational costs and slowing market growth. As a result, the zinc market faces ongoing pressure to balance economic expansion with environmental responsibility.

Source:https://ceq.doe...

Analysis of the US unwrought zinc market, including consumption, production, import, and export trends from 2024 to 2035, with forecasts for volume and value growth.

In 2024, the global mine production of zinc amounted to som ***** million metric tons, while the metal production of refined zinc amounted to ***** million metric tons. The global metal usage of refined zinc in that year came to some ***** million metric tons.

MCX Zinc Prices (the nearest contract) data, recent 22 years (traceable to Apr 24,2004), the unit is INR/kg, latest value is 311.65, updated at Nov 28,2025

Discover the projected growth of the global unwrought zinc market, driven by increasing demand. Market performance is set to expand with a CAGR of +0.9% in volume terms and +2.2% in value terms from 2024 to 2035, reaching 21M tons and $71.2B respectively by the end of 2035.