Press release
The Global Zinc Chloride Market: growth US$ 426.4 million and Market Share Analysis (2020-2028)
Zinc Chloride Market
Introduction:
Zinc chloride is a chemical compound that is used in various industrial applications such as electroplating, wood preservation, textile printing and dyeing, and fireproofing of wood. It is also used as a desiccant, a flux in soldering, and a catalyst in organic synthesis. The increasing demand for zinc chloride from various end-use industries is driving the growth of the global zinc chloride market.
Market Segmentation:
The global zinc chloride market is segmented based on application, end-use industry, and geography. Based on application, the market is segmented into electroplating, wood preservation, textile printing and dyeing, fireproofing of wood, and others. Based on end-use industry, the market is segmented into construction, automotive, electronics, textiles, and others. Geographically, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
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The zinc chloride market report is segmented on the basis of application, grade type, end use and region. Based on the application, the zinc chloride market is segmented into water treatment, dry cell battery, catalyst, and others. On the basis of grade type, the market segments include battery grade, high purity grade, commercial grade, and technical grade.
On the basis of end use, the zinc chloride market is segmented into agriculture, electronics, pharmaceutical, chemical, and others. The zinc chloride market on the basis of region is segmented into North America, Eastern Europe, Western Europe, Latin America, China, Japan, India, SEA and Pacific, and MEA.
The report also offers competitive landscape in the zinc chloride market, including the dashboard view of the leading players operating in the market. The report also offers market share analysis based on the share of the key players in the zinc chloride market. The study offers a detailed profiles of the players in the market including product portfolio, new product launch, key developments, company profile, financial profile, and business strategies by leading players in the zinc chloride market.
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Research Methodology
The report on the zinc chloride market is based on an extensive research methodology including primary and secondary research. Interviews with industry experts and information on the market collected from valid data sources formed the part of primary and secondary research. The market value of the zinc chloride market is calculated using the data provided by market volume and average selling price.
Other important factors used to arrive at the market forecast included inputs from supply and demand side, size of the current market, and other essential factors shaping the scenario of the zinc chloride market. The forecast on the zinc chloride market is offered in the terms of volume, value, CAGR, year-on-year growth, and incremental opportunity in the zinc chloride market. The report also offers crystal clear insights and future opportunities in the zinc chloride market.
Zinc chloride manufacturers are adopting new ways to enhance the capacity of the product to meet demand in various industries. Manufacturers are also entering into strategic partnerships and collaborating with local players in various countries to extend the production capacity and reach increasing number of consumers and end use industries. Meanwhile, the leading companies are focusing on the global expansion by developing better products.
Zinc Chloride Market-Regional Overview
In Asia Pacific, China is likely to emerge as the profitable market for manufacturers in the zinc chloride market owing to the presence of large production base for various manufacturers in zinc chloride market and increasing export to various countries.
Technological advancements in the automotive industry moving towards using zinc chloride as coagulant is creating prime opportunities for manufacturers in zinc chloride market to enhance sales via new product development.
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