Global Zinc Chemicals Market, By Type (Zinc Oxide, Zinc Sulfate, Zinc Carbonate, Zinc Chloride, Others), By Application (Rubber Compounding, Agriculture, Glass & Ceramics, Paints & Coatings, Chemicals, Food & Pharmaceuticals, Textiles, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Industry Trends and Forecast to 2025
Market Analysis: Global Zinc Chemicals Market
The global zinc chemicals market accounted for USD 7.83 billion in 2017 and is projected to grow at a CAGR of 5.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Zinc Chemicals Market
Zinc chemicals are inorganic compounds manufactured from two different processes such as direct and indirect. Zinc oxide produced by the indirect process is pure than that through the direct process. There is a growing demand for zinc chemicals in rubber compounding, agriculture, glass & ceramics, paints & coatings, chemicals, food & pharmaceuticals and textiles activates, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
- Growth in Automotive sector in Asia-Pacific
- Demand for zinc chemicals in the agriculture industry
- Growing glass & ceramics sector
- Falling usage of zinc chemicals in paints & coatings
- High prices of zinc chemicals
Market Segmentation: Global Zinc Chemicals Market
The zinc chemicals market is segmented on the basis of type into zinc oxide, zinc sulfate, zinc carbonate, zinc chloride and others.
On the basis of application, the market is segmented into rubber compounding, agriculture, glass & ceramics, paints & coatings, chemicals, food & pharmaceuticals, textiles and others.
On the basis of geography, the zinc chemicals market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Zinc Chemicals Market
The global zinc chemicals market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Zinc Chemicals Market
Some of the major players in zinc chemicals market Akrochem, American Chemet Corporation, Bruggemannchemical, GHC, Hakusuitech, Numinor, Pan-Continental Chemical, Rech Chemical
Rubamin, Seyang Zinc Technology, Toho Zinc, Transpek-Silox, US Zinc, Uttam Industries, Weifang Longda Zinc Industry, Zinc Oxide Llc and many more.
Research Methodology: Global Zinc Chemicals Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.