Zinc Oxide Market Overview

Maximize Market Research, a leading market research and consulting company, has released an in-depth report on the evolving Zinc Oxide Market. As technological advancements and changing consumer demands continue to shape the industry, this comprehensive overview provides invaluable insights for businesses aiming to make informed decisions and capitalize on emerging prospects.

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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.

Market Report Scope and Research Methodology

The Zinc Oxide market report offers a thorough estimation of market sizes and segments, encompassing both qualitative and quantitative aspects. Stakeholders can gain insights into drivers, challenges, and investment opportunities. The report analyzes the competitiveness, products, and regional markets of major companies, utilizing a blend of primary and secondary research to provide a roadmap for achieving higher growth in the Zinc Oxide market.

Through a meticulous research methodology, the report delves into the key factors influencing the Zinc Oxide market. It examines market sizes, growth rates, and import-export activities across different regions, providing a comprehensive analysis. The Regional Insights section scrutinizes the current status of the Zinc Oxide market in various countries.

Dynamics of the Zinc Oxide Market:

Operators:

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. Therefore, the previously mentioned factors along with government measures for the building industry are encouraging market expansion and driving up demand for zinc oxide.

Demand across multiple industries

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 Segmentation

by Application

Rubber
Ceramics
Chemicals
Agriculture
Cosmetics and Personal Care
Pharmaceuticals
Others

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.

by Process

Indirect (French)Process
Direct (American) Process
Wet Chemical Process
Others

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.

by Grade

Standard
Treated
USP
FCC
Others

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Zinc Oxide Market Key Players

1. U.S. Zinc
2. Umicore
3. Chem Trade
4. Silox SA
5. HakusuiTech Co. Ltd.
6. EverZinc
7. Zochem
8. Zinc Oxide LLC
9. Longli
10. Pan-Continental Chemical
11. GH Chemicals
12. Rubamin
13. Zinc Nacional
14. Grupo Promax
15. Weifang Longda Zinc Industry Co., Ltd.
16. Yongchang zinc industry Co., Ltd.

Zinc Oxide Market Regional Insights

The report provides a comprehensive analysis, encompassing all factors, market size, growth rate, and import-export activities across different regions. Through Regional Analysis, the report examines the current status of the Zinc Oxide market in various countries.

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

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Key questions answered in the Zinc Oxide Market are:

• What is Zinc Oxide?
• What was the Zinc Oxide market size in 2023?
• What is the growth rate of the Zinc Oxide Market?
• Which are the factors expected to drive the Zinc Oxide market growth?
• What are the different segments of the Zinc Oxide Market?
• What growth strategies are the players considering to increase their presence in Zinc Oxide?
• What are the upcoming industry applications and trends for the Zinc Oxide Market?
• What major challenges could the Zinc Oxide Market face in the future?
• What segments are covered in the Zinc Oxide Market?
• Who are the leading companies and what are their portfolios in Zinc Oxide Market?
• What segments are covered in the Zinc Oxide Market?
• Who are the key players in the Zinc Oxide market?

Key Offerings:

• Past Market Size and Competitive Landscape (2019 to 2023)
• Past Pricing and price curve by region (2019 to 2023)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• 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
• Recommendations

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