Press release
Zinc Oxide Market to Witness Growth Acceleration During 2024 - 2031 | Sigma Aldrich Company LLC, American Elements
Zinc Oxide Market
Zinc oxide is a white powder primarily used as an additive in manufacturing of rubber for tires. It helps improve rubber qualities like tensile strength, wear resistance and durability. Other key applications of zinc oxide include pharmaceuticals, personal care products and ceramics.
Market Dynamics:
The global zinc oxide market is expected to witness significant growth over the forecast period, owing to rising demand from tire manufacturing industry. Tires used in automobiles and other vehicles account for over 60% of total zinc oxide demand. Boost in automobile production globally due to growing economic activities is a key driver. Another major factor propelling the market is extensive use of zinc oxide in personal care products like sunscreen lotions and ointments owing to its UV blocking properties. Stringent regulations regarding vehicle fuel efficiency and performance standards in regions like Europe and North America are complimenting demand for high quality tires using zinc oxide, thereby fuels the market growth during the forecast period.
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Zinc Oxide Market Drivers
Increasing Demand from Rubber Industry
Zinc oxide is widely used as a vulcanizing agent and accelerator in the rubber industry. It is used in tires, engine mounts, hoses and belts. The global rubber industry has been growing significantly with increasing automobile production. The demand for tires and other rubber components from the automotive industry is driving the need for zinc oxide. Asia Pacific region hosts some of the largest automobile manufacturers in the world and this is positively impacting the zinc oxide market in the region.
Zinc Oxide Market Opportunity
Growing Demand for Zinc Oxide Nanoparticles
Zinc oxide nanoparticles are gaining wide acceptance due to their distinct physicochemical properties and wider applications. They are used in applications like cosmetics, healthcare, textiles and food packaging. In cosmetics industry, zinc oxide nanoparticles act as strong UV filters in sunscreens and foundations. In healthcare, they are utilized in wound healing sprays and bandages. The market for zinc oxide nanoparticles is growing at a faster pace than conventional zinc oxide due to their enhanced properties. This presents significant growth opportunities for manufacturers in the coming years.
Zinc Oxide Market Trend
Increasing Adoption of Zinc Oxide in Construction Industry
Due to its waterproof, self-cleaning and antifungal properties, zinc oxide is increasingly being used in construction materials like paints, cements, mortars and exterior construction elements. It enhances the durability of buildings and structures by protecting them from weathering and biological degradation. The rapid growth of infrastructure and real estate sectors in developing economies is driving the demand for superior construction materials. Zinc oxide produces stable matrices in cement and concrete structures improving their mechanical strength and chemical resistance. This emerging trend isbroadening the applications of zinc oxide in construction industry.
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Top Companies Featured in This Report:
★ Sigma Aldrich Company LLC
★ American Elements
★ US Research Nanomaterials Inc.
Market Segmentation:
By Product Type:
★ Rubber
★ Personal Care and Cosmetics
★ Hair care
★ Skin care
★ Color cosmetics
★ Toiletries
★ Others (Face Powder, Talcum Powder, etc.)
★ Pharmaceuticals
★ First-aid tapes
★ Antiseptic creams
★ Dental cements
★ Others (Dietary Supplements, etc.)
★ Electronics
★ Chemicals
★ Glass & Ceramics
★ Agriculture
★ Others (Food, Paints & Coatings, Power Generation, etc.)
★ Direct process
★ Indirect process
★ Laboratory synthesis
★ Wet chemical process
★ ZnO nanostructures
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
📈 What was the size of the Zinc Oxide Market in 2024, and what is the projected value by 2031?
📈 What is the present global market landscape for the Zinc Oxide Market?
📈 What strategies offer optimal opportunities for growth maximization in the business?
📈 What recent trends are shaping the Zinc Oxide Market?
📈 How does the market share of Zinc Oxide Market revenue, sales, and size vary across specific geographical regions?
📈 Who are the prominent industry players in the Zinc Oxide Market?
📈 Which segment of the Zinc Oxide Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Zinc Oxide sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/352
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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