The Global Cadmium Metal Market size is projected to reach a value of USD 2.3 billion by 2028, growing at a CAGR of 4.2% during the forecast period (2021-2028). The demand for cadmium metal is primarily driven by its use in nickel-cadmium batteries, pigments and coatings, and other applications such as plastics. Furthermore, the increasing necessity of cadmium metal in new technologies such as lithium-ion batteries will fuel the growth prospects of the global market.
Cadmium Metal is a grayish-white metal that is often used for plating, as it exhibits resistance to corrosion and the ability to form complex compounds. It can be combined with other metals such as copper or zinc in order to produce alloys.
On the basis of Types, the market is segmented into Primary Cadmium and Secondary Cadmium. The demand for primary cadmium is higher than secondary cadmium as the former has a lower cost of the production process and can be recycled.
Primary Cadmium is a metal that has the properties of low cost and relatively high density. It can be found as ore or in combination with other metals like zinc, lead, copper, gold, and silver. To extract cadmium from ores through smelting processes used to produce pigments coatings.
The process of secondary cadmium metal production is one-step oxidation of the zinc layer. The byproduct from this process, called "sponge" or “deadhead”, contains mostly magnesium oxide and some cadmium compounds that are not soluble in water.
On the basis of Application, the market is segmented into Pigments, Coatings, and Other.
Cadmium metal is used in pigments to produce the color yellow. Cadmium can also be found as a coating on other metals, such as steel and aluminum, for corrosion protection.
Cadmium metal is a common ingredient in the production of coatings. It can be used to emit an iridescent effect, particularly when coloring glass or metals with silver coating. It also has antibacterial properties and can be mixed into the paint for use on walls, furniture, etc., as it prevents mold growth and boosts stain resistance.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market will continue to witness strong growth as countries such as Canada are increasingly adopting green technology and environmentally friendly sustainable practices which have reduced adverse effects on the environment by reducing carbon dioxide emissions as well as energy consumption. The increasing investments by various companies in this emerging industry are expected to fuel the regional Cadmium Metal Market over the forecast period.
Up Market Research published a new report titled “Cadmium Metal Market research report which is segmented by Types (Primary Cadmium, Secondary Cadmium), By Applications (NiCd Battery, Pigments, Coatings, Other), By Players/Companies Korea Zinc, Nyrstar NV, Teck Resources, Young Poong Corp, Zhuzhou Smelter Group, Huludao Zinc Industry, Mitsui Mining and Smelting, Dowa Metals and Mining, Grupo MÃxico, Luoping Zinc & Electricity, Peñoles, Chelyabinsk Zinc Plant, Toho Zinc Co, Western Mining, Yuguang Gold and Lead”.
Report Attributes | Report Details |
Report Title | Cadmium Metal Market Research Report |
By Type | Primary Cadmium, Secondary Cadmium |
By Application | NiCd Battery, Pigments, Coatings, Other |
By Companies | Korea Zinc, Nyrstar NV, Teck Resources, Young Poong Corp, Zhuzhou Smelter Group, Huludao Zinc Industry, Mitsui Mining and Smelting, Dowa Metals and Mining, Grupo México, Luoping Zinc & Electricity, Peñoles, Chelyabinsk Zinc Plant, Toho Zinc Co, Western Mining, Yuguang Gold and Lead |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 232 |
Number of Tables & Figures | 163 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Primary Cadmium, Secondary Cadmium and By Application NiCd Battery, Pigments, Coatings, Other.
Some of the companies that are profiled in this report are:
Cadmium Metal Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Cadmium Metal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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