Asia-Pacific is expected to dominate the zinc oxide market by 2020 by Chemical Research Expert · June 20 Oscar Dansk Jersey , 2019
Zinc oxide is an inorganic compound available in white powder form derived from three different processes, such as direct (American), indirect (French), and wet chemical process. Zinc oxide has application in rubber, ceramics, chemicals Oscar Lindberg Jersey , fertilizers, pharmaceuticals, personal care, paint & coatings, food additives, electronics Cody Eakin Jersey , and others. The report covers the zinc oxide market size in terms of volume (kilotons) and value (USD million) along with its segments, namely application and region.
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Rubber, ceramics, chemicals, pharmaceuticals, cosmetics & personal care Reilly Smith Jersey , agricultural, and others are the key applications of zinc oxide. Rubber, chemicals, and agriculture together accounted for the largest share of the zinc oxide market in 2014. The increasing demand of automobiles in China and India and recovering automotive industry in the U.S. are expected to drive the future growth of zinc oxide market.
This market report on 鈥榋inc Oxide Market: Global Trends & Forecast to 2020鈥?estimates the market of zinc oxide by application and by region in terms of both, value and volume. It also includes the value chain highlighting the raw material suppliers, key zinc oxide producers Colin Miller Jersey , intermediate product manufacturers, and major end-users. The report analyses Porter鈥檚 Five Forces from different perspective.
The regions considered in this report are:
North America
Europe
Asia-Pacific
RoW
The market size of zinc oxide in terms of value is projected to reach USD 4,184.5 million by 2020, and the global market size for zinc oxide is projected to register a CAGR of 6.0% in the forecast period. Among the four regions Asia-Pacific accounted for largest share of zinc oxide market and is expected to register the highest growth during the forecast period. The market for zinc oxide is expected to grow at a healthy rate in Asian countries between 2015 and 2020 due to the high demand for rubber products from automotive industry. China accounted for approximately one-third of the zinc oxide demand in 2014.
Urbanization, industrialization, and low-cost production base are the supporting factors for growth in applications of zinc oxide including rubber Deryk Engelland Jersey , ceramic, chemical, and agricultural products. Economic growth is also supporting the demand for rubber products and ceramic in growing industrial and real estate sector.
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Key companies, such as U.S. Zinc (U.S.), Horsehead Corporation (U.S.), Umicore SA (Belgium) Marc-Andre Fleury Jersey , G.H. Chemicals Limited (Canada), Weifang Longda Zinc Industry Company Ltd. (China), Seyang Zinc Technology (Huaian) Company Limited (China), and Hakusuitech Company Ltd. (Japan) are some of the most active and important players which are profiled in this report with their recent strategies and SWOT analysis. Competitive landscape of these players is also analyzed on the basis of recent strategies undertaken..
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