Press release
Zinc Chemical Market is expected to grow at a CAGR with 4.62% by 2023 with Leading Companies-US Zinc, Zochem, Umicore, Zinc Nacional, ISKY, Xinxin Chemical, Bohigh, Zinc Oxide LLC, Silox
Zinc boils and vaporizes easily when heated, and is used in the galvanizing of other metals. Galvanization is a process of coating a zinc metal on the surface of another metal. Zinc is not easily oxidized (corrosion) like iron and other metals. The main customers of the galvanization of metals are the construction and automotive industries. The second largest market for zinc-based chemicals is the manufacture of alloys. The alloy has different physical and chemical properties than its metals. Bronze (a mixture of tin (which contains little zinc) and copper and brass (a mixture of zinc and copper) is one of the most accepted zinc alloys and is used mainly in automobile parts like ceilings, batteries, organ pipes, electrical fuses, construction materials, household utensils, etc. Zinc is also an essential micronutrient for animals, plants and humans.
Zinc Chemical Market Size and Growth Rate:
The Global Zinc Chemical Market Size was valued at USD 7.30 Billion in 2017 and is expected to reach at a CAGR of 4.62% by the end of 2023 during the forecast period 2017-2023.
Browse details of 295 number of pages research report developed on Zinc Chemical Market @ https://www.researchcosmos.com/reports/global-inorganic-zinc-chemicals-market-trends-competitive-dynamics-and-key-growth-opportunities-20/1229053294
Zinc Chemical Market Growth Drivers and Restraints:
The growing use of zinc-based chemicals in the semiconductor and electronic components industry is an important driver of growth for the market. The zinc chemical is an important application between the ceramic tile and automotive industries. In addition, zinc is widely used in the manufacture of tires and inner tubes for automobiles. The growing demand for zinc in industries such as manufacturing, pharmaceuticals, and automobiles are driving the market. Zinc is essential for plants, animals and humans, and its use in fertilizers, medicines for zinc deficiency, etc. is bolstering the demand for this chemical. In the United States, the galvanizing instruments are used to protect from the corrosion for metals. The largest customer of galvanization products is the automotive industry and the construction industry. Ceramic tiles, floor coverings, etc., are also influencing the zinc chemical market.
Geographical Insights of the Zinc Chemical Market:
The Asia-Pacific region is the fastest growing market for zincchemical. Countries such as China, India, Japan and South Korea have demand for zinc-based chemicals. Growth in industries such as plastics, rubber compounds, agriculture and manufacturing has increased market demand for zinc-based chemicals in the region. In China and India, the demand for these chemicals is expected to increase due to the growth of agrochemicals and regional economies.
Key Players of the Zinc Chemical Market:
• 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
Ask Free Sample of the report @ https://www.researchcosmos.com/request/global-inorganic-zinc-chemicals-market-trends-competitive-dynamics-and-key-growth-opportunities-20/1229053294
Zinc Chemical Market Key Segmentation:
By Type:
• Zinc Oxide
• Zinc Sulfate
• Zinc Chloride
• Zinc Borate
• Others
By End User/Application:
• Agriculture and Animal Husbandry
• Food and pharmaceutical industry
• Rubber/Tires
• Ceramic/Glass
• Chemical Industry
By Region:
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain etc)
• South America (Brazil, Argentina etc)
• Middle East & Africa (Saudi Arabia, South Africa etc)
• Asia-Pacific
For any queries, inquire more @ https://www.researchcosmos.com/inquire/global-inorganic-zinc-chemicals-market-trends-competitive-dynamics-and-key-growth-opportunities-20/1229053294
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Kevin Stewart
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Research Cosmos
www.researchcosmos.com
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