Global Zn-Al-Mg Coated Steel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Zn-Al-Mg Coated Steel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Zn-Al-Mg coated steel is also known as ZAM-coated steel. Its coating composition mainly comprises zinc, aluminum (about 11%), magnesium (about 3%), and a trace amount of silicon. This composite of these added elements. The effect improves corrosion resistance. ZAM-coated steel is an innovative steel finish with excellent corrosion resistance.

Market Overview:

The latest research study on the global Zn-Al-Mg Coated Steel market finds that the global Zn-Al-Mg Coated Steel market reached a value of USD 4176.24 million in 2022. It’s expected that the market will achieve USD 5786.0 million by 2028, exhibiting a CAGR of 5.58% during the forecast period.

Advantages of Zn-Al-Mg Coated Steel

Zn-Al-Mg Coated Steel refers to the coated steel with a certain amount of Al, Mg added to the existing hot-dip galvanized coating or a certain amount of Mg added to the hot-dip aluminum-zinc coating. The most outstanding properties of Zn-Al-Mg Coated Steel are its excellent flat corrosion resistance and notch corrosion resistance, which are especially important for downstream industries. The second is good friction resistance, alkali resistance, ammonia resistance, high surface hardness and excellent laser welding performance. According to the data, the aluminum-zinc-aluminum-magnesium coating has a significantly better flat corrosion resistance than aluminum-zinc and hot-dip pure zinc. Under the condition of neutral salt spray test, the time of red rust on Al-Zn-Al-Mg coating is more than 50% longer on average than that of Al-Zn coating with the same coating thickness. The corrosion resistance is 10-20 times that of hot-dip galvanized steel sheet, and 5-8 times that of hot-dip galvanized-5% aluminum alloy steel sheet. Notch corrosion resistance the notch corrosion resistance of the high aluminum-zinc-aluminum-magnesium coating is significantly better than that of the aluminum-zinc coating. Under the condition of neutral salt spray test, the larger the zinc ratio index, the greater the improvement of the incision corrosion resistance of the high-aluminum-zinc-aluminum-magnesium coating than that of the aluminum-zinc coating. Compared with hot-dip galvanized coating, the coating has high hardness and smooth surface, so it has excellent punching performance, which improves production efficiency. The benefits of Aluminum Magnesium Alloy Coatings are a significant driving force behind the growth of the Zn-Al-Mg Coated Steel industry.

Region Overview:

In 2021, the share of the Zn-Al-Mg Coated Steel market in Asia Pacific stood at 71.48%

Company Overview:

Nippon Steel is a large steel company in Japan, formerly known as Nippon Steel and Sumitomo Metal Industries, and continues to improve its competitiveness in the global market. service and contribute to social development. The company's brands include ZAM, SUPERDYMA and so on.

Segmentation Overview:


By type, Medium-aluminum Zn-Al-Mg Coated Steel segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Architecture Industry segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Zn-Al-Mg Coated Steel market covered in Chapter 3:

Voestalpine
Thyssenkrupp
Tata Steel
ArcelorMittal
POSCO
JFE
Baowu Group
BlueScope
Nippon Steel
Xinyu Color Plate
Salzgitter

In Chapter 4 and Chapter 14.2, on the basis of types, the Zn-Al-Mg Coated Steel market from 2018 to 2029 is primarily split into:

Medium-aluminum Zn-Al-Mg Coated Steel
Low-aluminum Zn-Al-Mg Coated Steel
High-aluminum Zn-Al-Mg Coated Steel

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Zn-Al-Mg Coated Steel market from 2018 to 2029 covers:

Architecture Industry
Automobile Industry
Electronics 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)