Zinc Oxide Market worth $5.7 billion by 2024 | Key players US Zinc, Zochem, EverZinc, ZM Silesia, Akrochem.

The report "Zinc Oxide Market by Process (French Process, Wet Process, American Process), Grade (Standard, Treated, USP, FCC), Application (Rubber, Ceramics, Chemicals, Agriculture, Cosmetics & Personal Care, Pharmaceuticals), Region - Global Forecast to 2024", is estimated to grow from USD 4.4 billion in 2019 and to USD 5.7 billion by 2024, at a CAGR of 5.4% during the forecast period. The demand from the rubber industry for using in the vulcanization process, which is used by the tire manufacturers, is driving the market.

Browse 104 market data Tables and 28 Figures spread through 117 Pages and in-depth TOC on "Zinc Oxide Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/zinc-oxide-market-116672256.html

In this process, metallic zinc is melted in a crucible and is vaporized at high temperatures (above 1652 F). The ZnO, thus obtained, typically consists of agglomerated particles with an average size of 0.1 micrometers to a few micrometers. ZnO produced by this process is used in rubber, cosmetics, pharmaceuticals, and paints.

The property of ZnO to absorb harmful ultraviolet rays is widely used in cosmetics & personal care applications. Various types of sunscreen and baby lotions are prepared using ZnO, and as the consumers are becoming more aware of its benefits, this application is expected to drive the growth of the market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116672256

APAC led the global zinc oxide industry in 2018. The main reason for the growth of the market in the region is China, which accounts for 30% of the worldwide zinc oxide production. The demand is attributed to the growing tire and ceramic industries in China due to the demand from the construction and automotive sectors.

The key players in the zinc oxide market are US Zinc (US), Zochem (US), EverZinc (Belgium), ZM Silesia (Poland), Akrochem (South Africa), Rubamin (India), Pan-Continental Chemical (Taiwan), J.G. Chemicals (India), Upper India (India), and Suraj Udyog (India)

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=116672256

US Zinc (US) adopted acquisition as its key strategy to expand its geographic presence in the global zinc oxide market. In January 2019, Aterian Investment Partners acquired US Zinc from Votorantim Group as a part of an international carve-out transaction. This step was taken to increase the opportunity to capture the market in both the local and international markets.

EverZinc (Belgium) undertook the strategy of acquisition to increase its product offering. In January 2019, the company announced that it had acquired G.H. Chemicals (GHC), a Canadian manufacturer, and exporter of ZnO. This strategy will be expected to help the company to expand its product portfolio and market using GHC's high-class facilities.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/zinc-oxide.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/zinc-oxide-market.asp

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.