Press release
How Zinc Carbonate Market will Rise in Coming Years? Analysis by Top Industry Players: M-I Swaco a Schlumberger company, Global Chemical Co., Chengdu XiYa Chemical Technology Co., Ltd., Alfa Aesar, Bruggemann Chemical
zinc carbonate
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Market Outlook
Global zinc carbonate market size is expected to increase significantly, owing to increasing demand for zinc carbonate from various industries during the forecast period. Growing use of zinc carbonate in the cosmetic industry is expected to impel the market growth. The cosmetic industry is growing at significant rate and was valued at over US$ 330.05 billion in 2016. Increasing the disposable income of population around the globe and rising importance of grooming is expected to boost the market growth in the near future. Furthermore, zinc carbonate is widely used in the chemical fertilizer industry.
However, zinc carbonate causes irritation to eye or skin if it comes in contact. Moreover, if it is inhaled it may lead to irritation and respiratory tract infection. Such hazardous nature is likely to hinder the demand for zinc carbonate and subsequently restrain the global zinc carbonate market growth.
Market Regional Analysis
Asia Pacific is expected to hold significant market share in the global zinc carbonate market, owing to increasing demand from emerging economies in the region. Growing cosmetic and rubber industries in India and China are expected to increase the demand for zinc carbonate and thereby aid in the market growth.
Market Players
Key players operating in the global zinc carbonate market include M-I Swaco a Schlumberger company, Global Chemical Co., Chengdu XiYa Chemical Technology Co., Ltd., Alfa Aesar, Bruggemann Chemical, LLC, Spectrum China Ltd., Yanggu Zhongtian Zinc Industrial Co., Ltd., Ltd., VWR International, and HBCChem, Inc.
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