Press release
Nano Zinc Oxide Market Business Opportunities, Challenges, Drivers and Restraint Research Report by 2030
Allied Market Research published a report, titled, "Nano Zinc Oxide Market by Type (Coated Nano Zinc Oxide and Uncoated Nano Zinc Oxide) and Application (Personal Care & Cosmetics, Paints & Coatings, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global nano zinc oxide industry generated $6.7 billion in 2020, and is estimated to reach $44.0 billion by 2030, witnessing a CAGR of 21.1% from 2021 to 2030.Drivers, Restraints, and Opportunities
Rise in utilization in the construction industry and surge in popularity of biomedical applications drive the growth of the global nano zinc oxide market. However, increase in environmental concerns regarding toxicity of metal-based nanomaterials restrain the market growth. On the other hand, supportive government initiatives and effective solutions provided by waste management create new opportunities in the coming years.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/1720
Covid-19 Scenario
Manufacturing activities of nano zinc oxide were stopped completely or partially during the pandemic due to lockdown restrictions, shortage of raw materials, and disruptions in the supply chain.
The demand for nano zinc oxide from the end user sectors such as construction and electronics reduced considerably due to stoppage of daily activities during the lockdown.
Owing to partial or complete stoppage of manufacturing activities in personal care and paint industries, the demand for nano zinc oxide decreased. However, the demand recovered post-lockdown.
The uncoated nano zinc oxide segment to continue its leadership status during the forecast period
Based on type, the uncoated nano zinc oxide segment accounted for the highest market share in 2020, contributing to more than three-fifths of the global nano zinc oxide market, and is estimated to continue its leadership status in terms of revenue during the forecast period. Moreover, this segment is expected to witness the highest CAGR of 22.1% from 2021 to 2030. This is due to its properties of blocking UV photons or photoreactive rays that can cause free radical damage to skin, especially in skincare applications. The research also analyzes the coated nano zinc oxide segment.
Get Detailed COVID-19 Impact Analysis on the SiC Fibers Market @ https://www.alliedmarketresearch.com/request-for-customization/1720?reqfor=covid
The personal care & cosmetics segment to maintain its lead position throughout the forecast period
Based on application, the personal care & cosmetics segment held the highest market share in 2020, accounting for nearly three-fifths of the global nano zinc oxide market, and is expected to maintain its lead position throughout the forecast period. This is attributed to its usage as an ingredient in many personal care products and as a UV blocker in various sunscreen applications. However, the paints & coatings segment is estimated to manifest the largest CAGR of 23.1% from 2021 to 2030.
Europe, followed by North America, to maintain its dominance by 2030
Based on region, Europe, followed by North America, contributed the highest market share in terms of revenue in 2020, accounting for more than two-fifths of the global nano zinc oxide market, and is expected to maintain its dominance by 2030. This is due to rapid industrialization and rise in investments in the sector. However, Asia-Pacific is projected to register the fastest CAGR of 23.3% during the forecast period. This is attributed to rise in demand from the cosmetics and paints & coating industries.
Leading Market Players
BASF SE
EverZinc
Griller-Werke AG
Inframat Advanced Materials, LLC
Lanxess Corporation
Nanophase Technologies Corporation
Pan-Continental Chemical Co., Ltd.
Sakai Chemical Industry Co., Ltd.
Showa Denko Materials Co., Ltd.
Umicore N.V.
Interested in Procuring This Report? Visit Here: https://www.alliedmarketresearch.com/nano-zinc-oxide-market/purchase-options
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nano Zinc Oxide Market Business Opportunities, Challenges, Drivers and Restraint Research Report by 2030 here
News-ID: 3412359 • Views: …
More Releases from Allied Market Research
3D Printing Filament Market Comprehensive Growth Outlook and Trend Analysis, 202 …
According to the report, the global 3D printing filament market was valued at $0.9 billion in 2023 and is projected to reach $2.3 billion by 2031, registering a CAGR of 12.8% from 2024 to 2031.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/3d-printing-filament-market-A11572
Key Growth Drivers:
The growth of the 3D printing filament market is fueled by continuous advancements in filament materials-such as carbon fiber-reinforced composites, metal-infused filaments, and high-performance engineering plastics. These innovations…
Wet Chemicals Market Detailed Analysis, Growth Trends, and Future Outlook 2025-2 …
According to a recent report by Allied Market Research (AMR), the global wet chemicals market is poised for substantial growth, projected to reach a value of $5.9 billion by 2031, up from $3.2 billion in 2021. This comprehensive analysis explores market dynamics, growth drivers, and strategic initiatives while highlighting key opportunities across regions and industry segments.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17425
The study delves into development trends, investment frameworks, and…
Nonwoven Fabrics Market Outlook to 2033 Projected High CAGR and Growth Opportuni …
A new report titled "Nonwoven Fabrics Market by Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Wood Pulp, Rayon, and Others), Function (Disposables and Durables), Technology (Spunbond, Dry Laid, Air Laid, Wet Laid, Meltblown, and Others), and Application (Hygiene, Wipes, Medical, Filtration, Automotive, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" has been released by Allied Market Research.
Key Highlights:
- Market Size (2023): $58.4 Billion
- Projected…
Utilities Asset Management Market Poised for 11.3% CAGR Growth, Key Players, Mar …
According to the report published by Allied Market Research, the global utilities asset management market generated $4.3 billion in 2021, and is projected to reach $12.4 billion by 2031, growing at a CAGR of 11.3% from 2022 to 2031.
The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.…
More Releases for Nano
Key Trends Shaping the Future Nano UAV Market From 2025-2034: 4K Nano Drones Tra …
What Is the Estimated Market Size and Growth Rate for the Nano UAV Market?
The nano UAV market has grown exponentially in recent years. It is expected to increase from $1.97 billion in 2024 to $2.53 billion in 2025 at a CAGR of 28.4%. The historical growth was driven by its applications in military operations, counter-terrorism efforts, border surveillance, law enforcement, and disaster response initiatives.
The nano UAV market is projected to…
Vanadium Carbide Powders Market 2021 Analysis by Global Manufacturers: BiKe New …
Vanadium Carbide Powders Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2026. The Vanadium Carbide Powders market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of…
Internet of Nano Things Market Device Type (Nano Processors, Nano Sensors, Nano …
Internet of Nano Things is the integration of nanoscale devices with existing communication network with high-speed internet. It comprises miniature sensors connected to each other via Nano network to get data from objects. The evolution of Nanotechnologies, Internet of Things (IoT), Nano machines, and Internet of Nano things (IoNT) is expected to have immense impact on advanced development in every field such as smart homes, smart cities, and others. The…
North America Nano PLC Market Growing at 15.8% CAGR to 2027 | By Type - Fixed Na …
North America Nano PLC Market Forecast to 2027 - COVID-19 Impact and Global Analysis" report added to ReportsWeb has covered and analyzed the potential of Global North America Nano PLC Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along…
Nano Silver Market Size, Opportunity, Growth by Top Key Players Cambrios Technol …
Nano Silver MarketReport, published by Allied Market Research, forecasts that the global market is expected to garner $1,605 million by 2022, registering a CAGR of 20.5% during the period 2016 - 2022.It is anticipated that electrical & electronics segment would generate the highest revenue throughout the forecast period. In the year 2015, Asia-Pacific led the global market and is expected to maintain its position throughout the study period.
Download PDF Report…
Nano Gas Sensor Market analysis report- with Leading players, Applications and M …
Nano Gas Sensor Market
Worldwide Market Reports has announced the addition of the “Global Nano Gas Sensor Industry Market Research Report”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Nano Gas Sensor Market provides market information about Top Manufacturers, Market segmentation, Types, Application and Regions. Powder Packing Machines Market also share Market capacity, Production, Revenue, Market…
