Global Zinc Chloride Market, By Grade (High Purity Grade, Battery Grade, Technical Grade, Commercial Grade), Application (Dry Cell Batteries, Water Treatment, Catalyst, Others), End-Use Industries (Electronics, Chemical, Agriculture, Pharmaceutical), 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 Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Zinc Chloride Market
Zinc chloride market will reach at an estimated value of USD 274.27 million and grow at a rate of 3.40% for the forecast period of 2021 to 2028. Rising demand for zinc chloride from petroleum industry to separate oil from water due to its emulsion breaker property is a vital factor driving the growth of zinc chloride market.
Zinc chloride is a type of chemical compound that is constituted of zinc and chlorine. It is a granular crystalline powder which is also highly hygroscopic. It is white or colorless and is highly soluble in water, deliquescent and hygroscopic. It has a wide range of applications which include textile processing, metallurgical fluxes, and chemical synthesis. It is useful in the preparation of methylene chloride, diazonium compounds, zinc chemicals, zinc bacitracin and ethylacetate.
Rising demand from electronic, agriculture and chemical sectors is the vital factor escalating the market growth, also rising adoption form of zinc chloride in dry cell batteries as an electrolyte in the automotive sector, rising use of zinc chloride as dehydrating agent, the rising footprint of the chemical industry, rising demand for highly active and advanced zinc chloride batteries due to rising technological advancements, increase in the demand for zinc chloride from the textile processing industry and rising demand from various industries are the major factors among others driving the zinc chloride market. Moreover, rising demand for the product from the numerous end-user industries and rising modernization in the products offered in the market will further create new opportunities for the zinc chloride market in the forecast period of 2021-2028.
However, rising stringent government regulations related to the use of zinc chloride due to its toxic nature and increasing harmful effects of zinc chloride on the body such as rashes and burning sensation in eyes are the major factors among others acting as restraints, and will further challenge the growth of zinc chloride market in the forecast period mentioned above.
This zinc chloride market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 zinc chloride market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Zinc Chloride Market Scope and Market Size
Zinc chloride market is segmented on the basis of grade, application and end-use industries. 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.
- Based on grade, the zinc chloride market is segmented into high purity grade, battery grade, technical grade and commercial grade.
- On the basis of application, the zinc chloride market is segmented into dry cell batteries, water treatment, catalyst and others. Others have been further segmented into textile processing, wood preservatives among others.
- The zinc chloride market is also segmented on the basis of end-user industries into electronics, chemical, agriculture and pharmaceutical.
Zinc Chloride Market Country Level Analysis
Zinc chloride market is analysed and market size, volume information is provided by country, grade, application and end-use industries as referenced above.
The countries covered in the zinc chloride market report are 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 (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the zinc chloride market due to rising automotive sector leading to growing demand for dry battery with zinc chloride, rising flourishment in agriculture sector, and increasing presence of major manufacturers in emerging economies such as China and India in this region. North America and Europe are the expected regions in terms of growth in zinc chloride market due to increasing demand from petrochemical industry and increase in the demand for zinc chloride from the textile processing industry in this region.
The country section of the zinc chloride market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Zinc Chloride Market Share Analysis
Zinc chloride market competitive landscape provides details by 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 zinc chloride market.
The major players covered in the zinc chloride market report are Zaclon LLC, American Elements, TIB Chemicals AG, Global Chemical Co., Ltd, PT. INDO LYSAGHT By DMWSOFTWARE, APEX Chemical Corporation, Lipmes, Weifang Dongfangsheng Chemical Co.,Ltd., Eurocontal, Vinipul Inorganics Private Limited, Advance Chemical Sales Corporation., Suvidhi Industries, AMS Enterprises, Prime Laboratories., Vishnupriya Chemicals Private Limited, Sethiya Solvents & Chemicals, Indian Platinum Private Limited., Kalyani Chemicals, Benzer Multitech India Private Limited, Akme Sons Enterprise and JEEVAN ENTERPRISES among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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