Showing posts with label Zinc Oxide Market Growth. Show all posts
Showing posts with label Zinc Oxide Market Growth. Show all posts

Wednesday, 15 July 2020

Zinc Oxide Market Forecast - Outline, Growth, Size, Share, Demand, Key Player, Overview and Outlook 2025

Market Segmentation:

The MRFR report provides a complete segmental analysis of the Zinc Oxide Market Forecast Report based on Process, Application and End User.

Based on End User, the Zinc Oxide Market is segmented into healthcare, food and beverages, metallurgy, automotive, building and construction, personal care, and others. Of these, the automotive segment will have the largest share in the market over the forecast period. This will be followed by the personal care segment.

Based on Application, the Zinc Oxide Market is segmented into rubber, ceramics, fertilizers, pharmaceutical products, cosmetic ingredients, light-emitting diodes, paints and coatings, food additives, metal processing, animal feed and nutrition, lubricants, and others.

Based on Process, the Zinc Oxide Market is segmented into ZnO nanostructures, wet, laboratory, waelz, direct, and indirect. Of these, the indirect segment will dominate the market over the forecast period. This will be followed by waelz.

Regional Analysis:

By Region, the Zinc Oxide Market Report covers the latest trends and growth opportunities across Europe, North America, Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, North America will dominate the market over the forecast period. It is predicted to grow at a 5.40% CAGR. Canada, as well as the USA, are the key contributors in this region.

The Zinc Oxide Market in Europe will have the second-largest share in the market over the forecast period. This is owing to the presence of a strong economy and constant technological advancements. It is predicted to grow at a 5.01% CAGR.

The Zinc Oxide Market in the APAC region will grow at the fastest pace over the forecast period. It is predicted to grow at a 6.73% CAGR.


The Zinc Oxide Market in Latin America is predicted to grow at a 7.81% CAGR over the forecast period.

The Zinc Oxide Market in the Middle East and Africa is predicted to have a small growth over the forecast period at a 5.61% CAGR.

Key Players:

Leading Players Profiled in the Zinc Oxide Market Report include Nyrstar, GHC Ltd., Zochem LLC., Marzinc, Miike Smelting Co. Ltd., Recylex, PontenossaSPA, Symrise, US Zinc, Advanced Nano Products Co. Ltd., Befesa, EverZinc, Weifang Longda Zinc Industry Co. Ltd., Grillo-Werke AG, and American Zinc Recycling LLC. Key players have adopted numerous strategies such as collaborations, partnerships, product innovations, research and development, acquisitions, and mergers to create a niche in the market.

September 2019: Researchers at the IIT Hyderabad and IIT Jodhpur have come up with a semiconductor material which can help in detecting gas leaks with extreme sensitivity. This research is chiefly on metal semiconductors, especially Zinc Oxide as it undergoes changes in the electrical resistance during the presence of hydrogen gas.

Market Analysis:

The Worldwide Zinc Oxide Market is predicted to touch USD 4,946.26 million at a 5.85% CAGR over the forecast period (2018-2023), as per the latest Market Research Future (MRFR) report. Zinc Oxide is a white, powdery inorganic chemical compound that is composed of zinc and oxygen. Also known as zinc white or calamine, it is obtained through three processes- wet process, direct, and indirect process. Some of its common examples include makeup and foot powders. In the form of an ointment, it is used in sun protection products and diaper rash products.

Zinc Oxide has deodorant-like and antibacterial properties that make it ideal for toiletries and medical products. Moreover, it is widely used in vitamin supplements, fertilizers, and animal feed. Its use does not end here. Zinc Oxide serves as a catalyst in the chemical industry as well as used as a corrosion inhibitor and in paints for mildew control. In recent times, Zinc Oxide has transcended to use in glass and ceramic compositions, concrete use, and cigarette filters.

Various factors are propelling the Zinc Oxide Market Growth. These factors, in accordance with the MRFR report, include the growing use in electronic items, semiconductors, and the rubber industry, burgeoning demand in personal care, pharmaceuticals, and cosmetics industry, and government approval to use Zinc Oxide in beauty products.

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Thursday, 25 April 2019

Zinc Oxide Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2019-2023

Zinc Oxide (ZnO) is a white compound that is typically found in nature. However, commercial Zinc Oxide is made within a laboratory wherein the natural process is mimicked by experts. Commercially, it is used in foods, cosmetic and personal care products, and first aid tapes. It is a highly important trace element and is commonly seen being added to animal feed, fertilizers, and vitamin supplements. Its antibacterial and deodorant-like properties make it the perfect choice for medical products and toiletries. It acts as a catalyst in the chemical industry and also has its application in paints for mildew control and as a corrosion inhibitor. It has a common use in various skin creams as it helps prevent and curb down redness and inflammation, as well as helps soothe and heal the skin.

The report published by Market Research Future (MRFR) states that the Global Zinc Oxide Market is slated to reach USD 4,946.26 million by 2023. The market is expected to grow with a CAGR 5.85% during the assessment period of 2018 to 2023. This inorganic chemical compound is available in the market in white powder form. The demand for the market can be attributed to its surging usage in semiconductors and electronic items. Factors such as penetration of the product in the rubber industry, growing demand in cosmetics, pharmaceuticals, and personal care industries are some of the other major drivers of the Zinc Oxide Market.

Industry Updates:

Sep 2017, it was reported that a Chinese company is planning to invest a striking 80 Million Euro for building a zinc oxide factory in Northern Serbia. This will be a major boost to the Serbian economy and a total of 280 jobs would be open at the factory.

Jan 2019, a new study conducted by researchers at the University of Queensland and the University of South Australia revealed that it has found notable evidence that zinc oxide nanoparticles integrated into sunscreen creams do not cause any kind of cellular toxicity, even after continuous application of the product.


Market Segmentation:

The Zinc Oxide Market segmentation is done on the basis of End-User, Application, Process and Region.

By End-Users, the market includes personal care, building & construction, automotive, metallurgy, food & beverages, healthcare, and others. In 2017, the automotive segment was the largest market holder covering 36.04% of the share. During the assessment period, the personal care segmentation is slated to be the highest growing market.

By Application, the market divides into lubricants, animal feed & nutrition, metal processing, food additives, paints & coatings, light emitting diodes, cosmetic ingredients, pharmaceuticals products, fertilizers, ceramics, rubber, and others.

By Process, the market segments into indirect, direct, waelz, laboratory, wet, and ZnO nanostructures. The Indirect segment was the highest market share holder as of 2017, covering more than 36% of the market. However, Waelz segment is anticipated to expand at the highest growth rate of 7.05%.

Regional Segmentation:

The Geographical Market Segmentation of Zinc Oxide covers the following regions: North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa.

North America is the biggest market player among all the mentioned regions with a stunning 70.23% of the market to its name. The market is estimated to grow at a CAGR of 5.40% during the forecast period. Both the USA and Canada are the major contributors behind the dominance of this region.

Europe stands second in the Global Zinc Oxide Market with a pool of strong economies backing its progress. Technological advancement is aiding the market growth of this region as well as the various market players residing herein. The market is expected to exhibit a 5.01% CAGR during the forecast period.

Asia-Pacific is most likely to hold the tag of being the fastest-growing market with an expected CAGR of 6.73%. The Middle East & Africa market is significantly small, however, it will witness a steady CAGR of 5.61%. The Latin America market is anticipated to grow at a CAGR of 7.81% during the review period.


Competitive Analysis:

American Zinc Recycling LLC, Grillo-Werke AG, Weifang Longda Zinc Industry Co. Ltd., Befesa, EverZinc, Advanced Nano Products Co. Ltd., US Zinc, Symrise, PontenossaSPA, Recylex, Miike Smelting Co. Ltd., Marzinc, Zochem LLC., GHC Ltd., and Nyrstar are few of the prominent and noteworthy players in the Global Zinc Oxide Market.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
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Email: sales@marketresearchfuture.com

Wednesday, 27 February 2019

Zinc Oxide Market 2019 Segmentation, Application, Technology & Market Analysis Research Report to 2023

Overview:

Zinc Oxide is an inorganic chemical compound that is in demand because it is used in the electronics and semiconductors. The Zinc Oxide Market has been expected to earn high revenue worth US $ 4,946.26 mn while growing at a CAGR of 8.37% by 2023. The penetration of Zinc Oxide in the rubber industry and its surging demand in the pharmaceuticals, cosmetics, & personal care, and industries are the factors driving the market growth.

Analyzing the market structure, this report offers insights about factors affecting the market growth. Estimating the market size and forecasting the revenue, this reports covers and observes the competitive developments of market players that include joint ventures, mergers and acquisitions, new product developments, research and developments (R&D), and strategic alliances.

Increasing demand for the product in semiconductor and electronics is advancing the growth of the Global Zinc Oxide Market.

Competitive Analysis:

The outlook for growth in the Zinc Oxide Market is competitive due to the efficient application of strategies such as geographic expansion, new product launch, acquisitions, agreement, and R&D to strengthen their business portfolio. The key players profiled in the Zinc Oxide Market are Advanced Nano Products Co. Ltd., American Zinc Recycling LLC, Befesa, EverZinc, GHC Ltd., Grillo-Werke AG, Marzinc, PontenossaSPA, Miike Smelting Co. Ltd., Nyrstar, Recylex, Symrise, US Zinc, Weifang Longda Zinc Industry Co. Ltd., and Zochem LLC.

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Segmental Analysis:

The Zinc Oxide Market is segmented on the basis of Application, End User, Process and Region.

The Application-Based Segmentation segments this market into animal feed & nutrition, ceramics, cosmetic ingredients, fertilizers, food additives, light emitting diodes, lubricants, metal processing, paints & coatings, pharmaceuticals products, rubber, and others. During the forecast period, cosmetic ingredients segment has been estimated to grow at 9.50% CAGR.

Based on End Users, the market segmentation covers the automotive, building & construction, food & beverages, healthcare, metallurgy, personal care, and others. Automotive segment controlled the largest market share of 36.04 % in 2017. Its market value of USD 1,257.2 million. During the forecast period, it may grow at 4.36% CAGR. During the forecast period, the personal care segment is going to be the highest growing segment, and it’s worth is the US $ 279.93 mn.

In the context of Process-Based Segmentation, the market has been segmented into direct, indirect, laboratory, waelz, wet, and ZnO nanostructures. Indirect segment held the largest market share of 36.21% in 2017, and its market value was US $ 1,263.2 mn. During the forecast period, it has been projected to grow at 5.53% CAGR. However, during the forecast period, Waelz has been estimated to grow at the highest CAGR of 7.05%.The regions covered in the global market are Europe, Asia Pacific, North America, Latin America and the Middle East & Africa (MEA).

Detailed Regional Analysis:

The regional analysis of the Zinc Oxide Market covers regions such as Europe, Asia Pacific, North America, Latin America and the Middle East & Africa (MEA). North America is the largest regional market. In 2017, it held the largest market share of 70.23% worth US $ 164.7 mn. During the forecast period, possibly, it may grow at a 5.40% CAGR. The most important country-specific markets in this region are USA and Canada. Many key market players are based in North America. In the region, the market is growing due to the existence of various industries that require Zinc Oxide.

In Europe, the market growth is due to the technological advancement that is second only to North America. Industries that require Zinc Oxide are steadily growing here. Many key market players are based in this region too. The market growth for Europe is expected to register a 5.01% CAGR during the forecast period. The primary country-specific markets in this region are Belgium, France, Germany, Italy, the Netherlands, Poland, Spain, and the UK.

During the forecast period, the Asia Pacific stands a strong chanced to emerge as the fastest growing market during the forecast period at 6.37% CAGR due to rapid urbanization, rapid industrialization, rising technological advancement. The crucial country-specific markets in this region are Australia & New Zealand, Brunei, China, Cambodia, India, Indonesia, Japan, Laos, Malaysia, Myanmar (Burma), Philippines, Singapore, South Korea, Thailand, and Vietnam, followed by the remaining countries of the Asia Pacific region.

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In the MEA region, the market is small. It is slowly growing due to limited technology, limited production, lack of awareness, lack of education, and political instability. During the forecast period, the market in the MEA region is expected to grow at 5.61% CAGR. Significant country-specific markets in this region are Saudi Arabia, UAE, and South followed by the remaining countries of the MEA region.

In Latin America, the market growth calculations predict growth at 7.81% CAGR during the forecast period because here the market is steady due to limited economic growth. The major country-specific markets in this region are Argentina, Brazil, and Mexico, followed by the remaining countries of Latin America.       
                                       
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Tuesday, 19 February 2019

Zinc Oxide Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2019-2023

Zinc Oxide is an inorganic compound with the molecular formula ZnO.  It is a colorless, odorless, bitter taste powder, which is insoluble in water. It occurs naturally as the mineral zincite, but most zinc oxide is produced synthetically. Zinc Oxide offers several characteristics such as high refractive index, high thermal stability & conductivity, binding, antibacterial, low coefficient of expansion and UV-protection properties.

Zinc Oxide is used across numerous applications in different end-use industries. It is commonly used in the rubber industry as a vulcanizing agent in the vulcanization process of rubber. It has a significant use in ceramic industry for producing ceramic glaze and frit compositions. Zinc Oxide is majorly utilized in cosmetics and personal care industry as thickener, lubricant, colorant, and skin protecting UV absorber for manufacturing products such as sunscreens, body lotions, baby powders, baby lotions, bath soaps, nail products, foot powders, anti-dandruff shampoo, talcum powder, cold creams, depilatory products, diaper rash ointments, makeup products, and others. It is used as a source of zinc in pre-packaged foods such as breakfast cereals. It is also used as a pigment and for imparting opaqueness in various paints & coatings. Zinc Oxide found in various types of application in the healthcare industry for manufacturing pharmaceutical products such as ointments, anti-septic creams, and first-aid bandages among other. However, it is applicable for external use only and can prove hazardous if swallowed or inhaled.

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Growing automotive industry owing to rising consumer purchasing power is likely to boost the rubber & tire industry and is expected to impact the global zinc oxide market positively during the forecast period. Additionally, growing cosmetics & personal care industry on account of rising awareness pertaining to skin and growing per-capita disposable income is expected to fuel the demand for zinc oxide-based cosmetics & personal care products during the forecast period.

Furthermore, growing R&D activities to diversify the application of Zinc Oxide in areas such as electronics & semiconductor, spintronics, piezoelectricity, and zinc oxide nanorod sensors among others are likely to drive significant demand for zinc oxide in the coming years.

Key Players:

Some of the major players operating in the Global Zinc Oxide Market are American Zinc Recycling LLC. (U.S.), U.S. Zinc (U.S.), Umicore N.V. (Belgium), GHC Ltd. (Canada), Weifang Longda Zinc Industry Co. Ltd. (China), SEYANG ZINC TECHNOLOGY (HUAI AN) CO., LTD. (China), Hakusuitech Co, Ltd. (Japan), Merck KGaA (Germany), Ace Chemie Zynk Energy Limited (India), Rubamin Limited (India), Akrochem Corporation. (U.S.), BruggemannGruppe (Germany), American Chemet Corporation (U.S.), Hindustan Zinc Ltd. (India), and Croda International Plc (U.K).

Market Segmentation:

The Global Zinc Oxide Market is segmented by Process, Application, End-Use Industry and Region.

On the basis of the Process, the Global Zinc Oxide Market is segmented into direct process (American process), indirect process (French process), wet chemical process, laboratory process, and others.

On the basis of the Application, the Global Zinc Oxide Market is segmented into rubber, cosmetic ingredients, pharmaceuticals, food additives, ceramics, paints and coatings, and others.

On the basis of the End-Use Industry, the Global Zinc Oxide Market is segmented into building & construction, automotive, healthcare, cosmetics & personal care, food & beverages, and others.

Regional Analysis:

The Global Zinc Oxide Market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Asia Pacific accounted to be the largest market for Zinc Oxide in 2017 and is likely to exhibit exponential growth during the forecast period. End-use industries such as automobile, building & construction, cosmetics & personal care, and healthcare are likely to contribute major share to the market growth during the forecast period 2018-2023.
Europe was following Asia Pacific in terms of market size till 2017 and is expected to show a significant growth during the forecast period. End-use industries, such as automotive, cosmetics & personal care, healthcare, food & beverage industry, are expected to contribute to the market during the forecast period.

North America is one of the major market for Zinc Oxide in 2017 and is expected to witness a considerable growth during the forecast period.  Significant demand from end-use industries such as food & beverage, healthcare, cosmetics and personal care, and building & renovation industries can be attributed to the growth of the market during the forecast period.

The Middle East & Africa is expected to show rising demand for Zinc Oxide during the forecast period. The building & construction, cosmetics & personal care, and food & beverage industries are the major end-use industries, which are likely to contribute to the market growth during the forecast period.

The Latin America is expected to show a moderate growth during the forecast period mostly from the growing building & construction industry.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

Tuesday, 12 June 2018

Zinc Oxide Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2018-2023

The Global Zinc Oxide Market is segmented by the Process, Application, End-Use Industry and Region.

On the Basis of the Process, the Global Zinc Oxide Market is segmented into the direct process (American process), indirect process (French process), wet chemical process, laboratory process, and others. French process held the larger share of the Global Zinc Oxide Market in 2017 owing to its high purity yield, which finds widespread use in demanding end-use industries such as cosmetics & personal care, healthcare, food & beverages as well as in rubber industry. However, American process also held the significant market share in Asia Pacific and Latin America region in 2017 owing to its low cost and for applications which can be work satisfactory even with low-grade ZnO such as rubber manufacturing, ceramics, paints & coatings, and others.

On the Basis of the Application, the Global Zinc Oxide Market is segmented into rubber, cosmetics ingredients, pharmaceuticals, food additives, ceramics, paints and coatings, and others. Rubber application segment was leading the Global Zinc Oxide Market in 2017 due to its growing demand from automotive industries on account of its growing consumer expenditure power across the globe and is expected to continue growing during the forecast period.

On the Basis of the End-User Industry, the Global Zinc Oxide Market is segmented into building & construction, automotive, healthcare, cosmetics & personal care, food & beverages, and others. The building & construction industry accounted to hold the largest share of Zinc Oxide Market, followed by cosmetics & personal care industry in 2017 and is expected to show the similar growth during the forecast period 2018-2023.

Competitive Analysis
Some of the prominent players working in the Global Zinc Oxide Market are American Zinc Recycling LLC. (U.S.), U.S. Zinc (U.S.), Umicore N.V. (Belgium), GHC Ltd. (Canada), Weifang Longda Zinc Industry Co. Ltd. (China), SEYANG ZINC TECHNOLOGY (HUAI AN) CO., LTD. (China), Hakusuitech Co, Ltd. (Japan), Merck KGaA (Germany), Ace Chemie Zynk Energy Limited (India), Rubamin Limited (India), Akrochem Corporation. (U.S.), BruggemannGruppe (Germany), American Chemet Corporation (U.S.), Hindustan Zinc Ltd. (India), and Croda International Plc (U.K).

Regional Analysis
The Global Zinc Oxide Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.  Asia Pacific is projected to be the major market for Zinc Oxide during the forecast period, followed by Europe, which is further trailed by North America. The Middle East & Africa is expected to exhibit increasing demand for Zinc Oxide during the forecast period. Latin America is likely to show moderate growth during the forecast period.

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