Nano Zinc Oxide Market Size Report 2022-2027 | Overview, Growth, Trends, Analysis And Global Forecast

The latest research study "Nano Zinc Oxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global nano zinc oxide market reached a value of US$ 826.33 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,915.34 Million by 2027, exhibiting a CAGR of 14.30% during 2022-2027.

Industry Definition and Application:

Zinc oxide (ZnO) refers to an insoluble white powder formed by oxidizing naturally appearing zinc metal. These particles are commonly available in coated and uncoated variants. Nano zinc oxide exhibits antimicrobial, anti-corrosive, electrical, optical, and ultraviolet (UV) filtering properties. It is also utilized as a bulking agent, essential ingredient, and colorant in various over the counter (OTC) products, such as ointments and sunscreens, to relieve pain and itching, prevent sunburn, and reduce premature aging of the skin. Nano zinc oxide finds widespread applications in food additives, glass and rubber manufacturing, ceramics, cigarette filters, coatings, concrete, lubricants, plastics, sealants, pigments, adhesives, paints, etc.

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What are the major drivers for the nano zinc oxide market?

The expanding cosmetics and personal care industries across the globe are among the primary factors driving the nano zinc oxide market. Besides this, the escalating product utilization in several individual maintenance items, including deodorants, sunscreens, soaps, toothpaste, shampoos, hair conditioners, etc., is further augmenting the market growth. Moreover, the introduction of green synthesized nano zinc oxide, which is extensively used as it exhibits low toxicity and biodegradability, is also catalyzing the global market.

Apart from this, the elevating need for these particles in the rubber sector and the development of non-toxic production techniques to manufacture them are acting as significant growth-inducing factors. Furthermore, the growing product popularity in the healthcare industry for cell imaging, gene transport, chemotherapeutic drugs, and biosensing techniques is anticipated to propel the nano zinc oxide market over the forecasted period.

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Report Segmentation:

The report has segmented the market on the basis of region, type and application.

Breakup by Type:
• Uncoated Nano Zinc Oxide
• Coated Nano Zinc Oxide

Breakup by Application:
• Personal Care and Cosmetics
• Paints and Coatings
• Others

Breakup by Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

List of Major Key Players:
• American Elements
• BASF SE
• Pan-Continental Chemical Co.Ltd.
• Sakai Chemical Industry Co. Ltd
• Shandong Xingya New Material Co. Ltd.
• Guangzhou Hongwu Material Technology Co. Ltd.
• Inframat Advanced Materials LLC (Inframat Corporation)
• Merck KgaA
• Micronisers Pty Ltd
• Nanophase Technologies Corporation
• SkySpring Nanomaterials Inc.
• Tata Chemicals Limited (Tata Group)
• Tianxiongjian New Material Co.Ltd.

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