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<strong>Zinc</strong> <strong>chemicals</strong> Market to 2023 | Evolving Technology, Trends and Industry Analysis<br />

ZINC CHEMICALS MARKET TO 2023 |<br />

EVOLVING TECHNOLOGY, TRENDS AND<br />

INDUSTRY ANALYSIS<br />

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<strong>Zinc</strong> <strong>chemicals</strong> Market to 2023 | Evolving Technology, Trends and Industry Analysis<br />

Growing consumption of <strong>Zinc</strong> Chemicals in rubber compounding is estimated to drive the<br />

<strong>market</strong> during the forecast period, 2017-2023<br />

<strong>Zinc</strong> Chemicals are used in a wide ranges of end user industries owing to its excellent properties such<br />

as thermal stability, low toxicity, low chemical reactivity and heat and water resistance among others.<br />

The rising demand for skin and healthcare products coupled with the increased application in<br />

construction, automobile, electronics, fertilizer, and chemical manufacturing among others are also<br />

significantly contributing to the growth of the <strong>market</strong>.<br />

The global zinc <strong>chemicals</strong> <strong>market</strong> has been driven by the range of its application in various sectors such<br />

as textile, electrical, automobile, and agriculture among others. Moreover, zinc sulphate used as a<br />

fertilizer additive to prevent crop deficiency are likely to have positive impact on the <strong>market</strong> growth.<br />

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Market Segmentation<br />

The Global <strong>Zinc</strong> <strong>chemicals</strong> <strong>market</strong> is segmented as product type, and end-user. On the basis of type,<br />

the <strong>market</strong> is segregated into <strong>Zinc</strong> oxide, zinc sulfate, zinc carbonate, <strong>Zinc</strong> Chloride. The <strong>market</strong> by<br />

application industry is further categorized into rubber compounding, agriculture, glass and ceramics,<br />

paints and coatings, <strong>chemicals</strong>, food and pharmaceuticals, textiles, and others.<br />

Market Scenario<br />

The zinc sulphate <strong>market</strong> is expected to grow at higher rate due to growing application such as<br />

agriculture spray, toothpaste, animal feed and fertilizers. In addition, zinc sulphates possess properties<br />

like anti-inflammatory and wound healing which enables its usage in treatment of acne. Thus, growing<br />

application of zinc sulphate from cosmetics and agriculture industries is expected to open new lucrative<br />

opportunities for zin chemical manufacturer. Increasing application of zinc <strong>chemicals</strong> in rubber<br />

compounding to meet the demand of lightweight components in automobile and electronic products are<br />

also anticipated to have positive impact to the growth of global zinc <strong>chemicals</strong> <strong>market</strong>.<br />

Regional Analysis<br />

The global <strong>Zinc</strong> Chemicals <strong>market</strong> is spanned across five key regions: Asia Pacific, North America,<br />

Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of<br />

the <strong>market</strong> and is expected to be the fastest growing <strong>market</strong> with an expanding CAGR. The presence of<br />

the most populated regions of the world such as India and China has augmented the demand for various<br />

sectors such as construction and automotive among other which in turn is anticipated to fuel the demand<br />

for <strong>Zinc</strong> Chemicals in the region. Moreover, the growing demand for agricultural produce is further<br />

adding to the <strong>market</strong> growth owing to the use of zinc <strong>chemicals</strong> as fertilizer additives and agricultural to<br />

reduce the deficiency in the crops. In addition to this, the growing electrical and electronic sector mainly<br />

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<strong>Zinc</strong> <strong>chemicals</strong> Market to 2023 | Evolving Technology, Trends and Industry Analysis<br />

in Japan and China is also expected to contribute to the <strong>market</strong> growth owing to the vast usage of zinc<br />

<strong>chemicals</strong> as transparent electrodes, as a source of low cost transparent electronic system.<br />

The European region is estimated to witness a significant growth in the countries owing to the presence<br />

of the well-developed cosmetic and personal care industry. The use of <strong>Zinc</strong> Chemicals in the beauty<br />

products coupled with the consent of European Union for the use in the cosmetic industry is expected to<br />

propel the growth in the region. Moreover, the availability of arable land in countries such as Germany,<br />

France, and Spain have further added the use of zinc <strong>chemicals</strong> in the agricultural sector.<br />

North American <strong>market</strong> of <strong>Zinc</strong> Chemicals is mainly driven by U.S. and Canada. The presence of the<br />

developed end user industries such as automotive and pharmaceuticals coupled with the increasing<br />

adoption rate are the major factor contributing significantly to the growth of the <strong>market</strong>. Moreover, the<br />

growing investments in the infrastructural development is further expected to add to the growth of the<br />

<strong>market</strong>.<br />

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Competitive Analysis<br />

Some of the prominent players operating in the Global <strong>Zinc</strong> <strong>chemicals</strong> <strong>market</strong> are U.S. <strong>Zinc</strong> (U.S.), GHC<br />

(Canada), Weifang Longda <strong>Zinc</strong> Industry (China), Hakusuitech co. Ltd (Japan), American Chemet<br />

Corporation (U.S.), Rubamin (India), <strong>Zinc</strong> Oxide LLC (U.S.), Akrochem corporation (U.S.), American<br />

chemet corporation (U.S.), and BrüggemannGruppe (Germany) among others.<br />

P a g e | 3 sales@<strong>market</strong>researchfuture.com Copyright © 2017 Market Research Future.


<strong>Zinc</strong> <strong>chemicals</strong> Market to 2023 | Evolving Technology, Trends and Industry Analysis<br />

P a g e | 4 sales@<strong>market</strong>researchfuture.com Copyright © 2017 Market Research Future.

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