Press release
Inorganic Zinc Chemicals Market: Competitive Dynamics & Global Outlook 2023
Inorganic zinc chemicals are an extensive concept. In general, inorganic zinc chemicals mainly covers zinc oxide and various zinc salts.
The technical barriers of inorganic zinc chemicals are not high, and there are numerous players, including US Zinc, Zochem, Umicore, Zinc Nacional, Zinc Oxide LLC, Silox, GH Chemicals, Rubamin, Grillo, ISKY, Xinxin Chemical, Bohigh and Haihua. These companies mainly distribute in India, China, Canada, Mexico, Brazil, EU,Canada and USA. China is the largest consumer and producer, almost 40% of total consumption in 2016, followed by US with 25%of consumption share.
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Global Inorganic Zinc Chemicals Market: Forecast by Type / Application / Region
Zinc chemicals continue to show growth in the area of fertilizers, animal feed, and food consumption. As more than 50% of the soils in the world are considered to be zinc-deficient and with the population having doubled in the past 30 years and projected to increase from 7 billion to over 9 billion by 2050, and arable land per person declining, crop yields must increase. In many studies, including projects in Brazil, China, India, and Turkey, agricultural yields were increased by adding zinc to standard fertilizers and premixes. In addition, various organizations and businesses alike have begun to emphasize the benefits of zinc used in food and nutritional supplements.
Zinc oxide used in the manufacture of rubber compounding is driven largely by automotive markets, or more specifically tires, belts, hoses, and other. Global automotive production has rebounded strongly since the economic downturn, with considerable rubber capacity increases reflected in India, Taiwan, CIS, Brazil, and China. In more recent years, the United States has begun to experience a surge in new tire and rubber capacity as global manufacturers move closer to automotive production centers. As global demand in this segment continues to rise, changes in consumer trends may lead to slower growth near the end of the forecast period.
Over the next five years, LPI(LP Information) projects that Inorganic Zinc Chemicals will register a 2.3% CAGR in terms of revenue, reach US$ 4630 million by 2023, from US$ 4040 million in 2017.
Global Inorganic Zinc Chemicals Market: Key Players
US Zinc
Zochem
Umicore
Zinc Nacional
ISKY
Xinxin Chemical
Bohigh
Zinc Oxide LLC
Silox
Hebei Yuanda
Hunan Jingshi
God Leaves
Rech Chemical
GH Chemicals
Newsky
Best-selling Chemical
Rubamin
Grillo
Haolin Chemicals
DaHua Chemical
Mario Pilato
Brueggemann
A-Esse
Hakusui
Pan-Continental Chemical
Seyang
Yongchang
Longli
Zhongse
Borax
Haihua
Xingyuan
Haigang
Liuzhou Zinc
Wuwei Industrial
Jin Hong Hua Gong
Hebei Kuoyang
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Related Information:
United States Inorganic Zinc Chemicals Market Research Report 2018
Europe Inorganic Zinc Chemicals Market Research Report 2018
North America Inorganic Zinc Chemicals Market Research Report 2018
Asia-Pacific Inorganic Zinc Chemicals Market Research Report 2018
China Inorganic Zinc Chemicals Market Research Report 2018
EMEA Inorganic Zinc Chemicals Market Research Report 2018
Global Inorganic Zinc Chemicals Market Research Report 2018
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