Zinc Oxide Market Size, Share, Growth Dynamics, Revenue Outlook and Opportunities Forecast 2018 - 2026

                                                                              

Zinc oxide (ZnO) is an inorganic compound with the formula ZnO that is white in colour and insoluble in water.


Zinc Oxide Market

Zinc oxide (ZnO) is an inorganic compound with the formula ZnO that is white in colour and insoluble in water. Zinc oxide is found naturally in the mineral zincite, but it contains manganese and other impurities that make processing difficult. As a result, ZnO is primarily ZnO oxide is catalytic, antifungal, anticorrosive, UV filtering, and antibacterial. Because of these properties, it is an excellent additive in a wide range of applications, including rubber, ceramics, chemicals, agriculture, paint, cosmetics, and pharmaceuticals.

The rising product demand for vulcanization of rubber in the tyre industry can be attributed to growth. Furthermore, rising disposable income in emerging economies is expected to fuel demand for premium skincare products, propelling Zinc oxide market growth. Sulfuric acid and zinc chloride are among the raw materials used in the product's direct manufacturing processes. Zinc oxide (ZnO) prices and production are affected by raw material availability. Inconsistency in raw material prices, as well as regulations prohibiting the product's use in a number of end-use industries, are likely to stymie demand in the coming years. Over the forecast period, Asia Pacific is expected to be the largest and fastest-growing regional market.

The rubber industry contributes significantly to the zinc oxide market. Zinc oxide, on the other hand, has recently gained significant traction in the thriving personal care and cosmetics industry. Zinc oxide is widely used in products such as baby lotions, talcum powder, nail care products, body soaps, and makeup due to its non-toxic nature. It has a significant application in sunscreen lotions and creams in specific concentrations, owing to its ability to provide a broad UV-protection spectrum while remaining scattered on the skin and not being absorbed in the blood.

Some of the key players operating in zinc oxide market are Croda International, Symrise, Merck KGaA, Umicore SA, Showa Denko, G.H. chemicals Ltd., Advanced Nano Technologies Ltd., Weifang Longa Zinc Industry Co. Ltd., and others.

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