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Zinc Oxide Market To Witness Robust Expansion Throughout The Forecast Period 2021- 2027

 

2021 Report Published via, Supply demand Market ResearchThe Zinc Oxide Market Report covers product types, production with their market size, regionally Analysis and Revenue growth. In-depth competitive landscape for each player and market share is given in the report along with geographic analysis for the Zinc Oxide Market. This Report is witnessing a dynamic growth mostly in all the geographies mention in this report.

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The global Zinc Oxide market was valued at 39.33 Million USD in 2020 and will grow with a CAGR of 2.14% from 2020 to 2027, based on SDMR Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Zinc oxide, with its unique physical and chemical properties, such as high chemical stability, high electrochemical coupling coefficient, broad range of radiation absorption and high photostability, is a multifunctional material. With the excellent properties, zinc oxide plays an important role in a very wide range of applications varying from tires to ceramics, from pharmaceuticals to agriculture, and from paints to chemicals. Zinc oxide can be classified into three types according to the production technique: indirect process, direct process and wet chemical process. Indirect process also called French process, and direct process also called America process.North America plays an important role in global Zinc Oxide market, with a market share of 15.1% in 2017 and is expected to show a similar trend during the forecast period, especially in United States, it has great influence on the development of Zinc Oxide. The Europe market is mature and developed stably in the past few years and will keep the trend in the next years. But in the changing times, Europe is also full of much uncertainty, from political elections, trade policy and historical problems. The Asia-Pacific will take an increasing significant part in global Zinc Oxide market, due to the strong demand from China, India and Southeast Asian countries. It was 2400 USD million in 2017 in Asia-Pacific, and it is predicted that the market size will reach 2720 USD million in 2024, with a market share of 2.91% in global Zinc Oxide market. Currently, US Zinc, EverZinc, Zochem, Silox, Zinc Oxide LLC and Longli are major manufacturers of this industry. US Zinc is a global leader. In 2017, the sale of US Zinc was 134.4 K MT, and the company holds a share of 8.21%. In Europe and the United States, US Zinc, EverZinc, Zochem and Silox are the market leader. After the acquisition of Zochem, Zinc Oxide LLC became the leader in the North American market. Longli, Pan-Continental Chemical, Rubamin and Yongchang are leaders in the Asia Pacific market. Univentures and PT. Indo Lysaght are leaders in Southeast Asia. Zinc Oxide is mainly used for Rubber/Tires industry and Ceramic/Glass manufacturing. Rubber/Tires industry are the most important application. In 2017, Rubber/Tires application holds 44% of the consumption market share.Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate. Overall economic performance will continue to be the best indicator of future demand for Zinc Oxide. Demand in most downstream markets is greatly influenced by general economic conditions. As a result, demand largely follows the patterns of the leading world economies.

By Market Verdors:

US Zinc

EverZinc

Zochem

Silox

Zinc Oxide LLC

Longli

Pan-Continental Chemical

GH Chemicals

Rubamin

Yongchang

Zinc Nacional

Univentures

Seyang

Grillo

PT. Indo Lysaght

Haihua

Hakusui

Mario Pilato

Brueggemann

Zhongse

Haigang

Xingyuan

Suraj Udyog Gujarat

INDOXIDE

A-Esse

PT. Citra CakraLogam

By Types:

Direct Process (America Method)

Indirect Process (French Method)

Wet Chemical Process

By Applications:

Rubber/Tires

Ceramic/Glass

Chemical/Pharmaceutical

Agriculture

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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The Zinc Oxide Market report has been compiled by the best subject matter experts and market research professionals to ensure that the data in the report is obtained from the most authentic sources and the forecast is of the highest accuracy

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