Zinc Oxide Market 2023 - Size, Trends, Drivers, Growth And Outlook 2032 | Zinc Oxide LLC, EverZInc., Rubamin, Grupo Promax, Zochem
As per the zinc oxide market report by The Business Research Company, increasing rubber manufacturing is expected to propel the growth of the zinc oxide market going forward. Rubber is an elastic substance, obtained by coagulating the milky juice of various tropical plants and is prepared as sheets and then dried. Zinc oxide acts as an activator for the vulcanization of rubber and helps in processing uncured or untouched rubbers.
The global zinc oxide market size is expected to grow from $4.33 billion in 2022 to $4.63 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global zinc oxide market is expected to grow to $5.92 billion in 2027 at a CAGR of 6.3%.
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Major competitors in the Zinc Oxide market include Zinc Oxide LLC, EverZInc., Rubamin, Grupo Promax, Weifang Longda Zinc Industry Co. Ltd., Yongchang zinc industry Co. Ltd., Zochem, Suraj Udyog, J G Chemicals Private Chemicals, Akrochem Corporation, Pan Continental Chemical, Lanxess, Upper India, Zinc Nacional S.A and Bruggemann.
The Zinc Oxide market is segmented -
By Process: Indirect, Direct, Wet Chemical, Other Processes
By Grade: Standard, Chemical, Pharma, Food, Other Grades
By Application: Rubber, Ceramics, Chemicals, Cosmetics And Personal Care, Paints And Coatings, Pharmaceuticals, Agriculture, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Zinc Oxide market.
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Zinc oxide is an inorganic compound that is found naturally as a mineral zincite. Zinc oxide is used as a white pigment as well as a bulking agent or filler.
The Table Of Content For The Zinc Oxide Market Include:
1. Executive Summary
2. Zinc Oxide Market Characteristics
3. Zinc Oxide Market Trends And Strategies
4. Zinc Oxide Market - Macro Economic Scenario
5. Zinc Oxide Market Size And Growth
26. Africa Zinc Oxide Market
27. Zinc Oxide Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Zinc Oxide Market
29. Zinc Oxide Market Future Outlook and Potential Analysis
The "Global Zinc Oxide Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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