Zinc Oxide Market Forecasts From 2019 To 2024
DESCRIPTION The global zinc oxide market is predicted to witness a compound annual growth rate of 4.32% during the forecast period to reach a total market size of US$5.239 billion by 2023, increasing from US$4.065 billion in 2017. The increasing application of Zinc Oxide in rubber, ceramics, chemical, pharmaceutical, and personal care is driving the demand for Zinc Oxide. Rubber is expected to exhibit the highest growth rate owing to the increased sales of the tires and other rubber products in the automotive industry across many regions. Increasing investments into research and development to develop new and enhanced products using zinc oxide will continue to drive the demand for zinc oxide, thus contributing significantly to the market growth. However, slow economic growth and new standards for rubber adopted in China and many other regions are hindering the market growth to some extent. Various growth strategies like acquisitions, mergers and partnerships are being adopted by key players to increase their market share. Currently, Asia Pacific holds the largest market share, with China being one of the biggest markets globally.
Key Questions Answered By The Report What will global zinc oxide market from 2019 to 2024? How are the major drivers and restraints affecting the global zinc oxide market growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participant’s behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography
North America
US Can ada
Mexico
Others
Sou th America
Brazil Argentina
Others
South America
Brazil
Argentina Others
Geography
Europe
United Kingdom Germany France Italy Spain Others
Middle East and Africa
Saudi Arabia UAE
South Americ a
Brazil
Argentin a
Others
Geography
Israel
Others
Asia Pacific Japan
China In dia Australia Others
South America Brazil
Argentina
Others
Segments Covered Under Global Storage Market:
By Application Rubber Ceramics Chemical Agriculture Pharmaceutical Cosmetics and Personal Care Others
COMPANY PROFILES
U.S. Zinc Horsehead Corporation Umicore G.H. Chemicals Limited Weifang Longda Zinc Industry Company Limited Hindustan Zinc Limited Hakusuitech Company Limited American Chemet Corporation Numinor Akrochem Corporation
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