The global zinc chemicals market size was US$ 9,962 million in 2021. The global zinc chemicals market size is forecast to reach US$ 15,935 million by 2030, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2022 to 2030.
Zinc chemicals are inorganic chemical compounds that are widely used in a variety of industries. Zinc also contributes to the prevention of common skin issues and the immune system. Zinc chloride, zinc oxide, and zinc sulfate are the popular inorganic zinc compounds, and they’re mostly utilized in ointments for minor skin issues, including cuts and itching. These chemical compounds’ distinct properties are used in a wide range of applications, from the rubber matrix to pharmaceutical medications.
Download free sample of this report :-https://www.quadintel.com/request-sample/zinc-chemicals-market/QI038
Factors Influencing Market Growth
Increasing demand for zinc oxide in rubber production, rising application in the treatment of skin diseases, and growing use in cosmetics and pharmaceuticals drive the global market.
Restrictions limiting the use of zinc chemicals in feed applications may slow down the overall market growth.
Growing research and technological expansions in zinc nanoparticles for cancer treatment are forecast to offer lucrative opportunities for the global market during the forecast period.
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. Several governments worldwide announced a lockdown in order to prevent the spread of the virus. This reduced the demand for zinc chemicals in many applications. The temporary break of manufacturing activities across primary end-users, including textiles, paints & coatings, and personal care has declined the demand for zinc chemicals. In addition, manufacturers and suppliers had to shut down their operations owing to o supply chain uncertainty, unavailability or limited supply of raw materials, and the shortage of workforce.
Regional Analysis
The Asia Pacific region held dominance in the market in 2021 and is forecast to remain dominant during the forecast period. As a result of the widespread and comprehensive use of zinc chemical derivatives in many applications like chemical processing, rubber processing, agriculture, and others. In addition, rising agriculture and automotive sectors, increasing production of chemical compounds, and the growing agribusiness sectors fuel the market growth in the region. Additionally, the presence of tire producers in Japan like Zeon Corp., Tosoh Corporation, and Yokohama Tire & Rubber Co. Ltd drive the market growth in the region.
Request full Report Description, TOC, Table of Figure, Chart, etc : –https://www.quadintel.com/request-sample/zinc-chemicals-market/QI038
Leading Competitors
\The leading prominent companies profiled in the global zinc chemical market are:
Boliden Group
Nyrstar
Hindustan Zinc
Votorantim
EverZinc Canada (GHC)
Weifang Longda Zinc Industry Co. Ltd
Hakusui Tech Co. Ltd
American Chemet Corporation
Rubamin
Zochem, Inc.
Akrochem Corporation
Bruggemann GmbH & Co. KG.
Other Prominent Players
Scope of the Report
The global zinc chemical market segmentation focuses on Type, Application, and Region.
Segmentation based on Type
Zinc Oxide
Zinc Sulfate
Zinc Carbonate
Zinc Chloride
Others
Download free sample of this report :-https://www.quadintel.com/request-sample/zinc-chemicals-market/QI038
Segmentation based on Application
Rubber Compounding
Agriculture
Glass & Ceramics
Paint & Coatings
Food & Pharmaceuticals
Textiles
Chemicals
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Request Full Report : –https://www.quadintel.com/request-sample/zinc-chemicals-market/QI038
About Quadintel:
We are the best market research reports provider in the industry. Quadintel believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Quadintel is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
- Robust, detailed segmentation
- In-depth analysis in all geographies.
- Detailed breakup in various segmentation.
- Rigorous primary and secondary research
We will help you in finding the upcoming trends that will entitle you as a leader in the industry. We are here to work with you on your objective which will create an immense opportunity for your organization. Our priority is to provide high-level customer satisfaction by providing innovative reports that enable them to take a strategic decision and generate revenue. We update our database on a day-to-day basis to provide the latest reports. We assist our clients in understanding the emerging trends so that they can invest smartly and can make optimum utilization of resources available.
Get in Touch with Us:
Quadintel:
Email:sales@quadintel.com
Address: Office – 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
Website : https://www.quadintel.com/