openPR Logo
Press release

Nano zinc Oxide Market Statistics 2022: Major Factors that can Increase the Global Demand

10-13-2021 04:34 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research.

nano zinc oxide market

nano zinc oxide market

A new report published by Allied Market Research titled, "Nano Zinc Oxide Market by Application - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", projects that the world nano zinc oxide market was valued at $2,099 million in 2015 and is expected to reach $7,677 million by 2022, registering a CAGR of 20.4% from 2016 to 2022. Cosmetic segment is expected to remain the highest revenue-generating segment throughout the forecast period. Asia-Pacific held the leading position in the global market in 2015, and is expected to maintain its lead throughout the study period.

Download Sample Report @ https://www.alliedmarketresearch.com/request-sample/1720

According to Eswara Prasad, Team Lead Chemical Research at AMR, "though toxicity at higher concentration of nano zinc oxide may hamper the market growth in long run, the upsurge in anti-microbial coatings, UVA/B filters in sunscreens and sun protection cosmetics demand, drives the nano zinc oxide market."

The demand for nano zinc oxide has witnessed tremendous growth due to increasing consumption of nano zinc oxide in paints and coatings, cosmetics, food contact materials (such as containers for transporting food, machinery to process food, packaging materials, kitchenware and tableware, and others), electronics, textiles, and other industries. Although the nano zinc oxide industry is in its developmental stage, numerous industry players have heavily invested to develop new commercial avenues for their product offerings through strategic partnerships and collaborations. The demand for nano zinc oxide has increased due to upsurge in demand for UV-A & UV-B filters in sunscreens & cosmetics, growth in demand for antimicrobial coatings, and product approval from regulatory bodies. However, concerns regarding nano zinc toxicity when used at high concentration could hamper the market growth during the forecast period. Increase in disposable income in the emerging economies supplemented with growth in awareness among consumers regarding adverse effects of UV rays would provide significant opportunities to market players in the industry.

Purchase Enquiry Report @ https://www.alliedmarketresearch.com/purchase-enquiry/1720

In 2015, cosmetics segment contributed the highest revenue to the global market, accounting for more than two-thirds share, followed by paints & coatings and others. In cosmetic application, nano zinc oxide is used as a UV blocker in sunscreen products. The remarkable physiochemical properties of nano zinc oxide have increased its penetration in a wide array of applications.

According to Eswara Prasad, "Extraordinary physio-chemical properties of nano zinc oxide has led to their increased penetration in wide array of applications as it results in improved performance of end-products."

Key findings of the study:

Paints & coatings segment is expected to witness highest CAGR of 20.7% during the forecast period.
Paints & coatings along with cosmetic segment together account for more than 90% market share.
Asia-Pacific is anticipated to lead the market throughout 2022, growing at a CAGR of 21.2%, in value terms from 2016 to 2022.
China, Germany, and U.S. were the leading country in the world nano zinc oxide market in 2015.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/1720

In 2015, Asia-Pacific accounted for more than one-third share of the global demand for nano zinc oxide, and is expected to maintain its leading position throughout the forecast period. Moreover, it is projected to be the fastest growing region throughout forecast period owing to growth in awareness regarding adverse effects of UV rays and increased disposable income of consumers in major economies of the region.

Prominent market players have heavily invested in research and development activities to develop new commercial applications at low costs. Strategic collaboration and business expansion are the other prime strategies adopted by industry players. The key companies profiled in the report include, Advanced Nano Technologies Limited, BYK, Elementis Specialties, Grillo Zinkoxid, Hakusuitech Co., Ltd., Nanophase Technology Corporation, Sakai Chemical, Showa Denko, Umicore, and Weifang Longda Zinc Industry, Co., Ltd.

Access Full Summary @ https://www.alliedmarketresearch.com/nano-zinc-oxide-market

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nano zinc Oxide Market Statistics 2022: Major Factors that can Increase the Global Demand here

News-ID: 2428083 • Views: 340

More Releases from Allied Market Research.

Aerospace Maintenance Chemical Market - Detailed Information Regarding the Impor …
The global aerospace maintenance chemical market generated $7.8 billion in 2021, and is projected to reach $13.7 billion by 2030, growing at a CAGR of 6.2% from 2022 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Rise in demand for the maintenance of aircraft surface, increase in flight frequency among
Filling Equipment Market To Gain $23 Bn by 2027, At a CAGR of 3.9%
Allied Market Research published a report on the global Filling Equipment Market that offers a detailed study of the market based on various parameters such as sales, sales analysis, market size, and prime driving factors. Furthermore, the study includes offers portfolio and financial analysis, Porter's five forces model, and business overview of services and products. These statistical tools offer essential information regarding lucrative opportunities in the industry. The report helps
Global Industrial Air Purifiers Market to Register a Significant CAGR by 2027 | …
Allied Market Research recently published a report, titled, "Industrial Air Purifiers Market, 2021-2027". The report includes a comprehensive study of the global market & forecast, region-wise outlook, segmental analysis, dynamic factors, competitive landscape, and major market trends. The global Industrial Air Purifiers market report covers an in-depth study of the industry on the basis of various key parameters including sales, market size, sales analysis, and prime driving factors. The report
Interior Doors Market | Size, Trends, Opportunities, Growth and Forecast to 2030
The global interior doors market was valued at $52,616 million in 2017, and is expected to reach at $85,410 million by 2025, growing at a CAGR of 6.3% from 2018 to 2025. The interior doors market was valued at 35,357 thousand units in 2017 and is projected to reach 48,946 thousand units by 2025, growing at a CAGR of 4.2% from 2018 to 2025. The fiberboard segment is expected to

All 5 Releases


More Releases for AMR

UGV Adoptions boost Global Autonomous Mobile Robots (AMR) Market
Inkwood Research expects the Global Autonomous Mobile Robots (AMR) Market to surge with a 21.31% CAGR during the forecast years between 2022 and 2030, generating $14473.73 million in revenue by 2030. Browse 45 market Data Tables and 43 Figures spread over 224 Pages, along with an in-depth analysis of the Global Autonomous Mobile Robots (AMR) Market by Robot Type, End-User, & Geography. This insightful market research report by Inkwood Research focuses on
Electric Wheelchair Market CAGR to Grow at 17.1% | AMR
Global Electric Wheelchairs Market size in 2015 was valued at $1,597 million growing at CAGR of 17.1% to reach $4,846 million by 2022. Electric wheelchairs market has witness increased adoption owing to factors such as ease of mobility, convenience, growing worldwide elderly population and growing demand for advanced wheelchairs from the sports industry, as many sports events are organized for disabled persons such as wheelchair basketball, wheelchair rugby, and others. Get
Eyewear Market CAGR to Grow at 8.1% | AMR
Eyewear Market is expected to garner $141.3 billion by 2020, registering a CAGR of 8.1% during the forecast period 2015-2020. Eyewear comprises accessories that are worn over the eyes for vision correction or to protect eyes from debris, harmful radiations or excessive light. Eyewear includes spectacles, lenses and sunglasses worn for vision correction or protection of eyes from harmful UV lights and dust particles. Factors such as increasing life span,
AMR Forecasts a Booming Cyber Security Market in Healthcare -Openpr
Healthcare industries globally have gone through rapid digitization. For instance, healthcare organizations focus on investing on enhanced patient monitoring solutions and healthcare information systems to improve patient care. Furthermore, drastic rise in the number of cyber-attacks and data breaches increases the need for enhanced data security solutions that are expected to ensure protection against hacking and unauthorized data access. Download a Sample copy of Report: https://www.alliedmarketresearch.com/request-sample/2268 The global market was valued at
Refrigerants Market to Experience Higher Growth by 2022 | AMR
"In 2015, the cost of azeotropic refrigerants is relatively higher than other refrigerants, but is expected to plummet by 2022, owing to rapid innovations in the production processes of azeotropic refrigerants and rise in their demand across several end user industries." Refrigerants Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $18,509 million by 2022, registering a CAGR of 9.9% from 2016 to 2022.The
Global AMR Smart Water Management Market Research Report 2017
Qyresearchreports include new market research report "Global AMR Smart Water Management Market Research Report 2017" to its huge collection of research reports. This study on the global AMR Smart Water Management market is conducted with supreme assiduousness and comprehensiveness through commercial, market-oriented, and technical research. The results about the global AMR Smart Water Management market procured in the study are an out-turn of an extensive implementation of secondary sources such as