Global Electrogalvanizing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Electrogalvanizing market:
The latest research study on the global Electrogalvanizing market finds that the global Electrogalvanizing market reached a value of USD 11859.36 million in 2022. It’s expected that the market will achieve USD 11775.5 million by 2028, exhibiting a CAGR of -0.12% during the forecast period.

Electrogalvanizing is a process of bonding a layer of zinc to steel to prevent corrosion. This process involves electroplating, running current through a brine/zinc solution with a zinc anode and a steel conductor.

Restraints
Electroplated products have a short life due to the thin zinc layer. In the short term, if the pickling is insufficient, the air is humid, and dezincification and oxidation will occur in a few weeks.
A completely different process from hot dip galvanizing, in which a zinc coating is applied to the steel, wherein the anode is zinc, the cathode is steel, and the electrolyte is zinc sulfate. In other words, plating instead of zinc immersion. This process consumes a lot of electricity and increases the cost of electroplating, so the price of Electro-galvanizing is relatively high.

Region Overview:
From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:
U. S. Steel, BaoWu Steel, Nippon Steel, Pohang Steel and AK Steel are the five key players in the global Electrogalvanizing market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Electrogalvanizing market in the past 5 years.

United States Steel International Inc. offers steel products. The Company manufactures steel sheet and tubular products for the automotive, appliance, container, industrial machinery, construction, and oil and gas industries. United States Steel conducts its business in the United States, Canada, and Central Europe.

China Baowu Steel Group Corporation Limited manufactures and distributes steel products. The Company produces strip steels, steel plates, hot rolled steels, cold rolled steels, steel wires, and other products. China Baowu Steel Group also conducts new materials, modern trade, industrial finance, and urban service businesses.

Segmentation Overview:
Among different product types, Alkaline Electrolytes segment is anticipated to contribute the largest market share in 2028.

Application Overview:
By application, the Home Appliance segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Electrogalvanizing market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Electrogalvanizing market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Electrogalvanizing and its sub-markets in an intuitive way.

Key Companies in the global Electrogalvanizing market covered in Chapter 3:
Kobe Steel Group
Benxi Steel
Tianjin Rolling-One steel
Usiminas
ArcelorMittal
MSC Walbridge Coatings
Voestalpine
NLMK Group
Nucor
AK Steel
JFE Steel Corporation
BaoWu Steel
Nippon Steel
U. S. Steel
Pohang Steel

In Chapter 4 and Chapter 14.2, on the basis of types, the Electrogalvanizing market from 2018 to 2029 is primarily split into:
Alkaline Electrolytes
Acidic Electrolytes

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Electrogalvanizing market from 2018 to 2029 covers:
Automotive Industry
Home Appliance
Electronic Product
Construction Industry
Light Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Electrogalvanizing market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

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