Press release
Zinc Carbonate Market Forecasted to Achieve Remarkable Sales Surge with 3.8% CAGR, Targeting US$ 305.5 Million by 2032
Zinc Carbonate Market
Zinc carbonate is extensively utilized by the pharmaceuticals & cosmetics industry across the globe owing to its anti-inflammatory properties. Majorly in cosmetics, it is used in lotions, creams, shampoos & other products. It is also used in feed additives to fight zinc deficiency.
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One of the most profitable markets for zinc carbonate is the rubber industry. Zinc carbonate is a commonly used raw material in the production of rubber. It is used to increase the translucency or transparency of natural rubber. It could also be used as a flame retardant by acting as a fireproofing filler in high-temperature rubber. Rising demand for rubbers from various end-use industries is expected to boost zinc carbonate market during the forecast period.
As per FMI, the global zinc carbonate market is expected to be dominated by East Asia, with total sales reaching US$ 97.2 Mn by 2032.
"Zinc Carbonate sales are expected to be driven by its use in pharmaceuticals, drugs & medicines, and cosmetics across the globe, followed by rubber production and fertilizers." says an FMI analyst.
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Key Takeaways:
The pharmaceuticals segment is projected to hold approximately 24% of the total market share in 2022.
The cosmetics segment is anticipated to grow at a 4.2% CAGR through 2032.
East Asia will emerge as an appealing zinc carbonate market, creating an incremental dollar opportunity of US$ 35.3 Mn during the forecast period.
The fertilizer segment is expected to reach about US$ 25.6 Mn by end of the forecast period.
Competitive Landscape
1. Anron Chemicals Inc.
2. Global Chemicals
3. Shepherd Chemical
4. Seido Chemical Industry
5. Bruggemann Chemical
6. Rubamin
7. Yanggu Zhongtian Zinc Industrial
8. Transpek-Silox
9. Ava Chemicals
10. Pan-Continental Chemical Co., Ltd
11. Strem Chemicals Inc.
12. S.K. CHEMICAL INDUSTRIES
13. ABCR GmbH & CO. KG
14. TIB Chemicals
15. KANSAI CATALYST Co., Ltd.
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Zinc Carbonate Market By Category
By Grade:
Pharma & Food
Technical
By Application:
Pharmaceuticals
Cosmetics & Personal Care
Feed Additive
Rubber Production
Fertilizers
Oil & Gas
Chemicals
By Region:
North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa
Exploring Innovations in Chemicals & Materials: A Compilation of Related Research Reports
Propylene Carbonate Market: https://www.futuremarketinsights.com/reports/propylene-carbonate-market
Potassium Carbonate Market: https://www.futuremarketinsights.com/reports/potassium-carbonate-market
Nickel Carbonate Market: https://www.futuremarketinsights.com/reports/nickel-carbonate-market
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments over the next 10-years.
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