The global demand for Zinc Acetate Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Zinc acetate salt is usually a dihydrate and is commonly utilized in pharmaceuticals. It is a white crystalline salt with a sour acetic odor. Zinc acetate is most commonly found in powdered, flakes, or plate form. Zinc acetate is a chemical compound utilized in dietary supplements and chemical production. Excipients like zinc acetate are used in various medicinal formulations, including lotions, topical gels, and subcutaneous injections. The production of zinc acetate begins with the reaction of glacial acetic acid with zinc oxide, followed by crystallization and separation by centrifugation, followed by drying and milling to produce zinc acetate crystals. Zinc acetate salt is primarily utilized in oral doses for nutritional supplements. Zinc acetate is a particularly effective salt for making tablets because it does not bind zinc, allowing for a better release of all zinc. Zinc acetate is also used to treat zinc insufficiency in patients. Zinc acetate is commonly used as an astringent in the form of an ointment (a topical lotion) or combined with an antibiotic like erythromycin in acne treatment. Topical zinc acetate antipruritic ointment is the most common form of zinc acetate.
Market Dynamics
In the following years, the market for zinc acetate is likely to be driven by solid expansion in pharmaceutical applications. In addition to medical applications, industrial applications and ethylene acetate manufacturing are projected to be significant drivers for the zinc acetate market in the foreseeable future. The global zinc acetate market is being driven by an increase in the usage of zinc acetate in medications and astringents, an increase in global demand for animal feed products, and an increase in the use of wood products. In addition, changes in lifestyle and dietary choices have resulted in insufficient zinc intake, leading to various health problems. The need for over-the-counter topical agents has risen significantly in recent years. Due to improved lives and more spending power, wood preservative chemicals such as zinc acetate are becoming more popular as home decorations.
The research 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 acetate. The growth and trends of zinc acetate industry provide a holistic approach to this study.
Market Segmentation
This section of the zinc acetate market report provides detailed data on the segments 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 Form
By Application
- Dietary & Medicine
- Analytical Reagent
- Wood Preservative
- Chemical
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Zinc Acetate 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.
Global Zinc Acetate Market Share by Region (Representative Graph)
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 acetate market include Celtic Chemicals, Fengchen Group Co. Ltd., GFS Chemicals Inc., Jost Chemical Co., Kerry Group Plc., Merck KGaA, Thermo Fisher Scientific, TIB Chemicals AG, FUJIFILM Corporation, Spectrum Chemical. 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.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.