According to the latest research, the global Electrogalvanizing market size was valued at USD 11859.36 million in 2022 and is expected to expand at a CAGR of -0.12% during the forecast period, reaching USD 11775.5 million by 2028.
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.
This report elaborates on the market size, market characteristics, and market growth of the Electrogalvanizing industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Electrogalvanizing. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Electrogalvanizing Market Report Include:
Market Size Estimates: Electrogalvanizing market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Electrogalvanizing market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Electrogalvanizing market
Segment Market Analysis: Electrogalvanizing market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Electrogalvanizing market situations and prospects in major and top regions and countries
Electrogalvanizing Market
Electrogalvanizing Industry Chain: Electrogalvanizing market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Electrogalvanizing Industry News, Policies by regions
Electrogalvanizing Industry Porters Five Forces Analysis
Key players in the global Electrogalvanizing market are covered in Chapter 2:
Tianjin Rolling-One steel
NLMK Group
U. S. Steel
Kobe Steel Group
Voestalpine
ArcelorMittal
Nucor
Usiminas
Benxi Steel
Nippon Steel
AK Steel
Pohang Steel
MSC Walbridge Coatings
JFE Steel Corporation
BaoWu Steel
In Chapter 6 and Chapter 9, on the basis of types, the Electrogalvanizing market from 2018 to 2028 is primarily split into:
Alkaline Electrolytes
Acidic Electrolytes
In Chapter 7 and Chapter 10, on the basis of applications, the Electrogalvanizing market from 2018 to 2028 covers:
Automotive Industry
Home Appliance
Electronic Product
Construction Industry
Light Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Electrogalvanizing market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Electrogalvanizing industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Electrogalvanizing market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Electrogalvanizing industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Electrogalvanizing market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Electrogalvanizing market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Electrogalvanizing market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
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.
This report elaborates on the market size, market characteristics, and market growth of the Electrogalvanizing industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Electrogalvanizing. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Electrogalvanizing Market Report Include:
Market Size Estimates: Electrogalvanizing market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Electrogalvanizing market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Electrogalvanizing market
Segment Market Analysis: Electrogalvanizing market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Electrogalvanizing market situations and prospects in major and top regions and countries
Electrogalvanizing Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Electrogalvanizing Industry Chain: Electrogalvanizing market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Electrogalvanizing Industry News, Policies by regions
Electrogalvanizing Industry Porters Five Forces Analysis
Key players in the global Electrogalvanizing market are covered in Chapter 2:
Tianjin Rolling-One steel
NLMK Group
U. S. Steel
Kobe Steel Group
Voestalpine
ArcelorMittal
Nucor
Usiminas
Benxi Steel
Nippon Steel
AK Steel
Pohang Steel
MSC Walbridge Coatings
JFE Steel Corporation
BaoWu Steel
In Chapter 6 and Chapter 9, on the basis of types, the Electrogalvanizing market from 2018 to 2028 is primarily split into:
Alkaline Electrolytes
Acidic Electrolytes
In Chapter 7 and Chapter 10, on the basis of applications, the Electrogalvanizing market from 2018 to 2028 covers:
Automotive Industry
Home Appliance
Electronic Product
Construction Industry
Light Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Electrogalvanizing market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Electrogalvanizing industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Electrogalvanizing market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Electrogalvanizing industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Electrogalvanizing market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Electrogalvanizing market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Electrogalvanizing market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.