According to a market report by Lucintel, the future of the zinc oxide market looks promising with opportunities in the rubber, agriculture, chemical, cosmetic ingredient, paint and coating, metal processing, ceramic, and pharmaceutical markets. The global zinc oxide market is expected to grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are growth in the cosmetic and paint markets and increasing rubber tires in the automotive market.
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Within the zinc oxide market, rubber will remain the largest application market and witness the highest growth during the forecast period due to growing production of rubber based tires, which are produced from vulcanization of rubber using ZnO to increase durability of rubber.
Asia Pacific will remain the largest region during the forecast period due to the presence of major manufacturing companies and increasing application of zinc oxide in cosmetics, especially in skin care products.
US Zinc, Zochem, EverZinc, ZM Silesia, Akrochem, Rubamin, Pan-Continental Chemical, J.G. Chemicals, Upper India, and Suraj Udyog are among the major zinc oxide manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global zinc oxide market by process, grade, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Zinc Oxide Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global zinc oxide market by process, grade, application, and region as follows:
By Process [Kilotons and $M shipment analysis for 2015 – 2026]:
French Process
Wet Process
American Process
By Grade [Kilotons and $M shipment analysis for 2015 – 2026]:
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Rubber
Agriculture
Chemicals
Cosmetics & Personal Care
Ceramics
Pharmaceuticals
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.