Zinc Oxide Market Industry Share, Size, Revenue, Latest Trends And Opportunities Assessment

Zinc Oxide Market Overview

White, odourless, and insoluble in water is zinc oxide powder. ZnO is its chemical formula. ZnO is a constituent in a wide range of products and materials, including food, batteries, ferrites, first aid tapes, rubber, plastics, ceramics, cement, lubricant, pigments, and cosmetics. The majority of zinc oxide is synthesised, despite the fact that it occurs naturally as the mineral zincite. ZnO is one example of a wide-band gap semiconductor. N-type doping arises from zinc interstitials or oxygen vacancies in the native state of the semiconductor. Strong room-temperature luminescence, excellent electron mobility, a broad band gap, and exceptional transparency are further beneficial qualities.

Zinc Oxide Market Report Scope and Research Methodology

The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Zinc Oxide industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.

The research is based on extensive research and analysis, incorporating inputs from industry experts, government agencies, and market participants, providing a reliable and accurate assessment of the market dynamics and future trends.

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Dynamics of the Zinc Oxide Market:

Drivers:

The market is expanding due to the element of rapid urbanisation.

The growing urbanisation leading to the increase of the construction sector in developing nations such as China, India, and Brazil is driving the growth of the ceramics industry. Due to continued urbanisation, upcoming infrastructure projects, and population growth, there is an increasing need for residential and commercial buildings. A variety of government flagship initiatives, including as "Smart Cities," "Housing for All," "Make in India," and "Atal Mission for Urban Rejuvenation and Transformation" (AMRUT), are also contributing to the growth of the construction business in India.

Growing up in the field of biomedicine

Zinc oxide nanoparticles are a useful component in antibacterial and anticancer applications because they can release zinc ions and activate excessive reactive oxygen species. Zinc oxide nanoparticles are being researched as a potential cancer treatment since they are a biocompatible and biodegradable substance. Drug delivery using these nanoparticles could be a secure and effective cancer therapy method. It can be used in the treatment of diabetes as well. Zinc is involved in the creation of insulin and helps to preserve its structural integrity, hence ZnO NPs can be used as a zinc delivery vehicle.

Zinc Oxide Market Segmentation

by Application

Rubber
Ceramics
Chemicals
Agriculture
Cosmetics and Personal Care
Pharmaceuticals
Others

The market is dominated by the Rubber application category, which is expected to grow at the maximum rate of 41% throughout the projected period. An essential component in the rubber business is zinc oxide. 50% to 60% zinc oxide is utilised in the rubber sector. Zinc oxide (ZnO) is a chemical that is widely used as a vulcanization activator in the rubber industry because of its remarkable properties. Vulcanization is the chemical process that turns natural rubber into a stronger substance. Zinc oxide thereby increases the strength, improves the rubber compositions' resistance to heat and abrasion, and aids in delaying UV deterioration.

by Process

Indirect (French)Process
Direct (American) Process
Wet Chemical Process
Others

by Grade

Standard
Treated
USP
FCC
Others

Zinc Oxide Market Key Players

1. U.S. Zinc
2. Umicore
3. Chem Trade
4. Silox SA
5. HakusuiTech Co. Ltd.
6. EverZinc
7. Zochem
8. Zinc Oxide LLC
9. Longli
10. Pan-Continental Chemical
11. GH Chemicals
12. Rubamin
13. Zinc Nacional
14. Grupo Promax
15. Weifang Longda Zinc Industry Co., Ltd.
16. Yongchang zinc industry Co., Ltd.

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Table of content for the Zinc Oxide Market includes:

Part 01: Executive Summary

Part 02: Scope of the Zinc Oxide Market Report

Part 03: Global Zinc Oxide Market Landscape

Part 04: Global Zinc Oxide Market Sizing

Part 05: Global Zinc Oxide Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

The burgeoning personal care and cosmetics industries in Asia Pacific are expected to propel the market's growth over the forecast period. As of June 2020, the Indian government has banned the import of tyres in an effort to promote homegrown manufacturing. The government has restricted the import of tyres, including tubeless and radial tyres, for motorbikes, buses, trucks, and cars in a move to lower imports and boost domestic companies.

India is ranked thirteenth in terms of relevance and third in terms of pharmaceutical volume because of its large supply of raw materials and easy access to skilled labour. India's pharmaceutical exports are estimated to have been worth USD 26.58 billion in FY21 by the India Brand Equity Foundation. Moreover, with a nearly 55% global production share.

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