Zinc Acetate Market Size - Industrial sector to showcase significant growth over 2019 – 2025, Top Key Players are TIB Chemicals AG, Krishna Chemicals, Alpha Chemika, Global calcium

Zinc Acetate Market in the industrial sector will witness substantial over the forecast timespan.
The product is used in several ways; one of which is for the production of ethyl acetate. Ethyl acetate is widely used in the decaffeinating of tea, coffee & cigarettes, nail polish removers and glues. Rising consumption of tea, coffee, and cigarettes due to hectic work schedules and changing lifestyles will boost the ethyl acetate demand, in turn driving the zinc acetate market in the coming years.

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On the basis of product, the zinc acetate market can be segmented into types such as powder, flakes and plates. Considering applications, the market can be bifurcated into pharmaceutical, dietary supplement, chemical synthesis and industrial uses which include wood preservation, dyes fixative, manufacturing of ethyl acetate and other zinc based salts. Apart from these major applications, it is also used as a breath freshener in chewing gums.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Vasa Pharmachem
2. GFS Chemicals
3. Niacet Corporation
4. Lianyungang Tongyuan Chemical Industry
5. TIB Chemicals AG
6. Krishna Chemicals
7. Alpha Chemika
8. Global calcium
9. Axiom Chemicals
10. Global Medicines Limited

Prominent growth in the pharmaceutical and health sector is likely to drive the global zinc acetate market in near future. It is used in the pharmaceutical sector for treating common cold. Being an air borne disease, it is spread very frequently and easily. Center for Disease Control and Prevention (CDC) studies claim that adults around the globe, on an average, suffer from common cold over two to three times annually whereas children suffer even more frequently. The extensive use of the product in the pharmaceutical sector such as in ointments, topical lotion and antibiotics is likely to boost the market further. Due to increasing use of pharmaceutical products, the zinc acetate market is set to witness potential gains.

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Based on the regions, Asia Pacific zinc acetate market is likely to grow at a substantial rate in the coming years. One of the primary reason for this is considerable growth in the pharmaceutical industry in the emerging economies such as India, China, and Indonesia due to health awareness and higher demand for dietary supplements in these countries. This in due course will generate huge zinc acetate market demand in these countries. Furthermore, in Europe and North America, the zinc acetate market is growing at a slow and steady pace due to market saturation in these regions. In Latin America and Middle East & Africa, the zinc acetate market is starting to grow at a decent rate due to the ongoing developments in these regions.

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