The market size of electrolytic zinc maintains a growth trend and the industry has a good development environment

Zinc is an important non-ferrous metal raw material. It is the fourth “common” metal after iron, aluminum and copper. It has good wear resistance and rollability, and can be made with a variety of metals with better physical and chemical properties. Alloys are also key raw materials in industries such as construction and infrastructure. Electrolytic zinc is an electrochemical reaction that extracts pure zinc through an electrolysis process. It is a key link in the hydrometallurgical zinc smelting process.

The upstream of the electrolytic zinc industry chain is the supply of zinc ore, sulfuric acid, sub-zinc oxide and other materials; the mid-stream production processes mainly include sub-zinc oxide electrolysis, zinc sulfide fine suspension electrolysis, zinc ash production electrolysis, etc.; the downstream is widely used in construction, automobiles, transportation , electronic manufacturing and other fields.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on Electrolytic Zinc Industry 2023-2027” released by the Industrial Research Center, with the my country’s urbanization construction continues to advance, transportation infrastructure continues to improve, construction area continues to grow, industrial production scale continues to expand, automobiles, new energy and other industries continue to develop. In recent years, my country’s electrolytic zinc market has maintained a growth trend, and the industry development prospects are good. In 2022, my country’s electrolytic zinc market will exceed 160 billion yuan.

After a period of development, my country’s electrolytic zinc industry has continued to expand its production scale and increase its output driven by market demand. In 2022, China’s electrolytic zinc production will be approximately 7.9 million tons, and the demand will be approximately 8.45 million tons. As my country’s production technology continues to advance and the industrial structure continues to be optimized, the overall domestic production level of electrolytic zinc continues to improve, the industry’s competitiveness continues to increase, and the market share of domestic products exceeds 90%.

Electrolytic zinc is a high-pollution, high-energy-consuming industry. In recent years, the country has introduced a number of policies to promote the development of the chemical industry in green and environmentally friendly directions. In December 2021, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the Ministry of Natural Resources jointly issued the “14th Five-Year Plan for the Development of the Raw Material Industry (2021-2025)”, proposing that during the “14th Five-Year Plan” period, including non-ferrous metals The raw material industry, including China, must focus on promoting high-end industrial supply, promoting rationalization of industrial structure, and accelerating green industrial development. By 2025, an industry with higher quality, better efficiency, better layout, greener, and safer will be initially formed. Develop a new pattern. As an important industrial material, electrolytic zinc has a good development environment.

Industry analysts People said that under the guidance of national policies, backward electrolytic zinc production capacity has gradually withdrawn from the market, and industry concentration has further increased. At present, major enterprises in the domestic electrolytic zinc industry include Yunnan Jinding Zinc Co., Ltd., Huludao Zinc Co., Ltd., Sichuan Hongda Co., Ltd., Hunan Taifeng Mining Group Co., Ltd., etc. In the context of increasingly severe environmental situations and increasingly strict environmental protection policies, electrolytic zinc production companies need to continuously improve production processes, increase resource utilization, reduce pollution emissions and harm to the environment, and promote the development of the industry in a green and sustainable direction.