Global Zinc Chemicals Market, By Type (Zinc Oxide, Zinc Sulfate, Zinc Carbonate, Zinc Chloride, Others), Application (Rubber Compounding, Agriculture, Glass & Ceramics, Paints & Coatings, Chemicals, Food & Pharmaceuticals, Textiles, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029
The zinc chemicals market is expected to witness market growth at a rate of 5.55% in the forecast period of 2022 to 2029. Data Bridge Market Research report on zinc chemicals market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the number of applications from the automotive industry is escalating the growth of zinc chemicals market.
Zinc chemicals are known to be inorganic compounds that are utilized broadly in a extensive range of end use industries. The exclusive qualities of these chemicals find their way in several application from rubber compounding to pharmaceuticals. Zinc oxides are utilized as vulcanization agents in the manufacturing of rubber which in turn is mainly consumed by the automobile industry because of its vast implication in the production of radial tires, belts, glass, bias tires hoses, ceramics, and latex gloves among others.
Major factors that are expected to boost the growth of the zinc chemicals market in the forecast period are the rise in the need of the chemical from the agriculture industry. Furthermore, the development of ceramics and glass industry is further anticipated to propel the zinc chemicals market. Moreover, the growing utilizations of the product in cosmetics and personal care product is further estimated to cushion the growth of the zinc chemicals market. On the other hand, the imposition of regulatory standards and the instability in the prices of the zinc is further projected to impede the growth of the zinc chemicals market in the timeline period.
In addition, the rise in the application in the treatment of skin diseases due to the wound healing and anti-inflammatory qualities of zinc sulfate will further provide potential opportunities for the growth of the zinc chemicals market in the coming years. However, the decrease in the usages of zinc chemical in paint and coating industry might further challenge the growth of the zinc chemicals market in the near future.
This zinc chemicals market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the zinc chemicals market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Zinc Chemicals Market Scope and Market Size
The zinc chemicals market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, zinc chemicals market is segmented into zinc oxide, zinc sulfate, zinc carbonate, zinc chloride, and others.
- On the basis of application, the zinc chemicals market is segmented into rubber compounding, agriculture, glass & ceramics, paints & coatings, chemicals, food & pharmaceuticals, textiles, and others.
Zinc Chemicals Market Country Level Analysis
The zinc chemicals market is analyzed, and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the zinc chemicals market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the zinc chemicals market due to the rise in the population. Furthermore, the increase in the personal disposable incomes in the advancing countries will further boost the growth of the zinc chemicals market in the region during the forecast period. Europe is projected to observe significant amount of growth in the zinc chemicals market due to the rise in the need for zinc chemicals from the cosmetic and personal care industry for the use as a sun protection. Moreover, the occurrence of major key players is further anticipated to propel the growth of the zinc chemicals market in the region in the coming years
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Zinc Chemicals Market Share Analysis
The zinc chemicals market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the zinc chemicals market.
Some of the major players operating in the zinc chemicals market are U.S. Zinc., EverZinc Canada (GHC), Akrochem Corporation., Weifang Longda Zinc Industry Co., Ltd., L. Brüggemann GmbH & Co. KG, HAKUSUI TECH., American Chemet Corporation, Zochem, Inc., Numinor, Rubamin, Pan-Continental Chemical Co., Ltd, SEYANG ZINC TECHNOLOGY(HUAI AN) CO., LTD., Transpek-Silox Pvt Ltd, Hindustan Zinc, Nyrstar, Purity Zinc Metals, Boliden Group, Old Bridge Chemicals, Inc., among others.