Global Zinc Oxide Market 2021: Global Industry Size and Growth Opportunities to 2026
Zinc Oxide is having physical and synthetic properties similarly. It is determined by three cycles immediate, backhanded and wet synthetic interaction. Zinc oxide is profoundly utilized in businesses like elastic, ceramics, manures, synthetic compounds, drugs, paint and coatings, hardware, individual consideration and some more. To make tires, hockey puck and shoe soles, for vulcanizing elastic, zinc oxide is utilized.
ChemIntel360’s global Zinc Oxide market study is a 150 slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective. The industry is expected to grow at a CAGR of 4.1% mainly due to increasing consumption of the chemical by the tire manufacturing industries for vulcanization of rubber. Additionally, it is increasingly being utilized in the sunscreen product formulations for its sun protection characteristics.
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Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (Tire and Rubber Industries, Paints and Coatings, Glass and Ceramic Industries, Chemicals and Pharmaceuticals, Consumer Goods, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Zinc Oxide market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$4.2 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Regional Analysis
The zinc oxide market research is done based on five regions such as North America, Latin America, Asia-Pacific, Europe, and the Middle East & Africa.
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Key Market Players
Chemicals (Canada), Rubamin (India), Grillo Zinkoxid GmbH (Germany), Pan-Continental Chemical Co., Ltd (Taiwan), Mario Pilato Blat, and SA (Spain)
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