The global demand for Zinc Oxide Market is presumed to reach the market size of nearly USD 8.34 MN by 2028 from USD 5.4 MN in 2021 with a CAGR of 6.4% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Ton in 2021 and forecast to touch XX Ton by 2028 with a CAGR of XX% during 2022-2028.
Zinc oxide refers to the white colour inorganic compound with the formula ZnO. It is insoluble in water. It is also known as Zinc white, calamine, philosopher's wool, and Chinese white. It is produced naturally on the earth's crust as the mineral zincite but contains manganese and other impurities. It works as an additive in many materials and products, including cosmetics, food supplements, rubbers, ceramics, glass, cement, ointments, foods and ferrites etc. It offers high thermal conductivity, high refractive index, binding, and antibacterial and UV-protection properties. Its addition aids the processing of concrete and also improves water resistance.
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.
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.
Global Zinc Oxide 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 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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