Weifang Longda Zinc Industry Co., Ltd.
- Weifang Longda Zinc Industry Co., Ltd.
Rubber processing segment stands to be the dominating segment owing to large scale consumption of zinc chemical in galvanization and manufacturing tires.
- Growing popularity for electric vehicle is expected to drive the demand for automotive tires, thereby propelling the consumption of tires in the automotive industry which in turn drive the zinc chemical market.
- Asia-Pacific countries like China, India, Japan, South Korea and Thailand are the major producer of automotibles; hence the requirement for zinc chemical market is projected to increase from this region in the forecast period.
- The largest producers of tires in Japan, like Tosoh Corporation, Zeon Corp., and Toyo Tire & Rubber Co. Ltd, are undergoing capacity additions.