Zinc Oxide Market Report Overview
Maximize Market Research, a renowned global market intelligence firm, has released its latest report forecasting lucrative growth prospects for suppliers operating in the Zinc Oxide Market until 2029. This comprehensive analysis meticulously explores the drivers fueling market expansion, major limitations, imminent challenges, and current opportunities on a global scale within the Zinc Oxide Market landscape.
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Zinc Oxide market was valued at US$ 5.23 Bn. in 2022. Global Zinc Oxide Market size is estimated to grow at a CAGR of 5.77 % over the forecast period.
Zinc Oxide Market Report Scope
Delving into prevailing trends within the Zinc Oxide Market, the report offers regional insights encompassing demand, supply, sales, and recent market shifts. By spotlighting crucial elements, it delineates key drivers and constraints impacting major players, while emphasizing the competitive landscape and avenues for development. Equipped with the most recent market statistics, the report presents future trajectories, sizes, and emerging trends, enabling stakeholders to identify products and end-users driving revenue growth and profitability. The comprehensive scope covers Company Profiles, Product Specifications, Production Capacity/Sales, Revenue, Pricing, Gross Margin, and Product-specific Sales data.
Dynamics of the Zinc Oxide Market:
The market is expanding due to the element of rapid urbanisation.
The growing urbanisation leading to the increase of the construction sector in developing nations such as China, India, and Brazil is driving the growth of the ceramics industry. Due to continued urbanisation, upcoming infrastructure projects, and population growth, there is an increasing need for residential and commercial buildings. A variety of government flagship initiatives, including as "Smart Cities," "Housing for All," "Make in India," and "Atal Mission for Urban Rejuvenation and Transformation" (AMRUT), are also contributing to the growth of the construction business in India.
Demand in various industry
Zinc oxide is used as a main element in many cosmetic and pharmaceutical products, such as bath soaps, makeup, lipsticks, infant lotions, shampoos, zinc soap, dental inlays, and calamine creams, to prevent sunburn and premature ageing of the skin. Zinc oxide is also commonly used in skin protection creams and ointments for nappy rash. Furthermore, zinc oxide is a soluble inorganic compound that is primarily added to a wide range of items, such as medical supplies, rubber, paints, lubricants, food, batteries, plastics, and first-aid tapes. Zinc oxide is a common activator used in the rubber industry to get rubber to vulcanize.
Zinc Oxide Market Regional Analysis
Zinc Oxide Region dominated the Zinc Oxide Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations drive the Zinc Oxide Market growth in the region. The Zinc Oxide market report includes a geographic condition of the market, market size and share as well as in-depth research into the business network structure, opportunities, and news updates.
Zinc Oxide Market Segmentation
Cosmetics and Personal Care
The market is dominated by the Rubber application category, which is expected to grow at the maximum rate of 41% throughout the projected period. An essential component in the rubber business is zinc oxide. 50% to 60% zinc oxide is utilised in the rubber sector. Zinc oxide (ZnO) is a chemical that is widely used as a vulcanization activator in the rubber industry because of its remarkable properties. Vulcanization is the chemical process that turns natural rubber into a stronger substance. Zinc oxide thereby increases the strength, improves the rubber compositions' resistance to heat and abrasion, and aids in delaying UV deterioration.
Direct (American) Process
Wet Chemical Process
With the highest CAGR over the course of the projected period, the Indirect Process category is leading the market in terms of process. Most of the ZnO is produced via the indirect approach. The indirect approach is the fastest and most effective industrial method for making zinc oxide. The raw material for this process is zinc metal. Zinc metal is evaporated and then exposed to air in a container to facilitate rapid oxidation. This is an illustration of a typical combustion process. ZnO powder is made from burned zinc that has been cooled. The quality of the finished product is greatly influenced by the quality of the raw ingredients. A high-purity zinc oxide output can only be produced from a high-purity feedstock.
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Zinc Oxide Market Key Players
1. U.S. Zinc
3. Chem Trade
4. Silox SA
5. HakusuiTech Co. Ltd.
8. Zinc Oxide LLC
10. Pan-Continental Chemical
11. GH Chemicals
13. Zinc Nacional
14. Grupo Promax
15. Weifang Longda Zinc Industry Co., Ltd.
16. Yongchang zinc industry Co., Ltd.
Table of content for the Zinc Oxide Market includes:
Part 01: Executive Summary
Part 02: Scope of the Zinc Oxide Market Report
Part 03: Global Zinc Oxide Market Landscape
Part 04: Global Zinc Oxide Market Sizing
Part 05: Global Zinc Oxide Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Questions answered in the Zinc Oxide Market Report are:
- What is Zinc Oxide Market?
- What is the forecast period of the Zinc Oxide Market?
- What will be the CAGR of the Zinc Oxide market during the forecast period?
- What is the competitive scenario of the Zinc Oxide market?
- Which region held the largest market share in the Zinc Oxide Market?
- What are the opportunities for the Zinc Oxide Market?
- What are the factors restraining the Zinc Oxide market growth?
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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