According to the report by Expert Market Research (EMR), the global zinc chemicals market size is projected to grow at a CAGR of 5.1% between 2024 and 2032. Aided by the wide-ranging applications of zinc chemicals across various industries and the increasing global emphasis on sustainable and eco-friendly materials, the market is expected to grow significantly by 2032.
Zinc chemicals, including zinc oxide, zinc sulphate, and zinc chloride, are essential components in numerous industrial processes and consumer products. Zinc oxide, for instance, is extensively used in the rubber industry for tire manufacturing, owing to its excellent properties in enhancing rubber durability and resistance to heat. Additionally, it is a key ingredient in sunscreens and baby powders, recognised for its protective and soothing properties.
The zinc chemicals market growth is also driven by the rising demand for zinc sulphate, primarily used as a micronutrient in fertilisers to enhance crop yield and quality. Its role in animal feed supplements to promote growth and health in livestock further contributes to the market expansion. Zinc chloride finds significant applications in textile processing, metallurgical fluxes, and chemical synthesis. Its use in batteries, especially in the surge of portable electronics, is a key factor fuelling market growth.
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As per the zinc chemicals market analysis, the widespread use of zinc chemicals in various industries, including agriculture, pharmaceuticals, and cosmetics, particularly in rapidly industrializing regions, is a major market driver.
The evolving landscape of the global market is also shaped by advancements in nanotechnology and the development of nano-zinc oxide. These advancements have opened new avenues in sectors such as electronics, pharmaceuticals, and cosmetics, where nano-zinc oxide is valued for its unique properties like UV filtration, antimicrobial activity, and high catalytic efficiency.
Regionally, Asia-Pacific holds a significant share of the global zinc chemicals market, driven by rapid industrialization, particularly in countries like China and India. These regions are experiencing burgeoning growth in sectors such as agriculture, pharmaceuticals, and cosmetics, where zinc chemicals are extensively used.
Companies in the zinc chemicals industry are focusing on technological innovations, sustainable practices, and expansion into new application areas to capitalise on emerging opportunities and further propel the zinc chemicals market demand.
Zinc Chemicals Market Segmentation
The market can be divided based on type, end user industry, and region.
Market Breakup by Type
- Zinc Oxide
- Zinc Sulphate
- Zinc Carbonate
- Zinc Chloride
- Others
Market Breakup by End User Industry
- Agriculture
- Chemicals and Petrochemicals
- Ceramic
- Pharmaceutical
- Paints and Coatings
- Rubber Processing
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Zinc Chemicals Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global zinc chemicals market. Some of the major players explored in the report by Expert Market Research are as follows:
- Akrochem Corporation
- Everzinc Group SA
- American Chemet Corporation
- Pan-Continental Chemical Co., Ltd.
- TIB Chemicals AG
- Others
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