Zinc Oxide Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2022-2028.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the zinc oxide market include US Zinc (US), Zochem (US), EverZinc (Belgium), ZM Silesia (Poland), Akrochem (South Africa), Rubamin (India), Pan-Continental Chemical (Taiwan), J.G. Chemicals (India), Upper India (India), and Suraj Udyog (India). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The key factor driving the demand for the zinc oxide market is the growing use of zinc oxide in different applications such as cosmetics, rubber and ceramics. The rising need to produce more food grains on limited arable land and to minimize the micronutrient deficiency in soils is contributing to the demand for this market. The increasing use of zinc oxide in cosmetics & pharma applications is fostering the demand for this market. Moreover, the increasing demand for paints & coatings around the globe is boosting the demand for this market. The rising adoption of zinc oxide in rubber production is expanding the demand for this market. However, regulations limiting the use of zinc oxide in the feed application can obstruct the demand for this market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of zinc oxide. The growth and trends of Zinc Oxide Industry provide a holistic approach to this study.
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Market Segmentation
This section of the zinc oxide market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
· Rubber
· Ceramics
· Chemicals
· Agriculture
· Cosmetics And Personal Care
· Pharmaceuticals
· Others
By Process
· Indirect (French) Process
· Direct (American) Process
· Wet Chemical Process
· Others
By Grade
· Standard
· Treated
· USP
· FCC
· Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Zinc Oxide market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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The Global Zinc Oxide Market size is projected to grow from USD 4.4 billion in 2019 to USD 5.7 billion by 2024, at a compound annual growth rate (CAGR) of 5.4% between 2019 and 2024.
Growing demand from the rubber industry and the non-availability of substitutes that can replace ZnO in various applications, is driving the market growth.Browse 104 market data Tables and 28 Figures spread through 117 Pages and in-depth TOC on "Zinc Oxide Market by Process (French Process, Wet Process, American Process), Grade (Standard, Treated, USP, FCC), Application (Rubber, Ceramics, Chemicals, Agriculture, Cosmetics & Personal Care, Pharmaceuticals), Region - Global Forecast to 2024"The key players in the zinc oxide market are US Zinc (US), Zochem (US), EverZinc (Belgium), ZM Silesia (Poland), Akrochem (South Africa), Rubamin (India), Pan-Continental Chemical (Taiwan), J.G.
These players have adopted the strategy of acquisition to enhance their product offerings and geographic presence.Request Report Sample at https://www.marketsandmarkets.com/requestsampleNew.asp?id=116672256“Indirect (French) process segment accounted for the largest share of the zinc oxide market.”In this process, metallic zinc is melted in a crucible and is vaporized at high temperatures (above 1652 F).
The ZnO, thus obtained, typically consists of agglomerated particles with an average size of 0.1 micrometers to a few micrometers.
ZnO produced by this process is used in rubber, cosmetics, pharmaceuticals, and paints.“The cosmetics & personal care applications is expected to register the fastest growth during the forecast period.”The property of ZnO to absorb harmful ultraviolet rays is widely put to use in cosmetics & personal care applications.
Various types of sunscreen and baby lotions are prepared using ZnO, and as the consumers are becoming more aware of its benefits, this application is expected to drive the growth of the market.“APAC was the largest zinc oxide market in 2018.”APAC led the global zinc oxide industry in 2018.
