According to a new market report published by Lucintel, the future of the zinc salt market looks promising with opportunities in the food and beverage, pharmaceutical, cosmetic, and agrochemical industries. The global zinc salt market is expected to grow with a CAGR of x%-x% from 2020 to 2025. The major drivers for this market are significant growth in the pharmaceutical applications and increasing health concerns of consumers across the globe.
Zinc salt is a white crystalline salt having a faint acetic odor and an astringent taste. In this market, large and small particles are the major product types of zinc salt. Lucintel forecasts that small particles will remain the largest segment over the forecast period due to increased usage in the pharmaceutical industry.
Within this market, pharmaceutical will remain the largest segment by application over the forecast period as due to its usage as an excipient in a range of pharmaceutical formulations such as topical gels and subcutaneous injections.
North America will remain the largest region over the forecast period due to increased awareness on benefits of zinc salts, changing lifestyle, and increasing expenditure capacity.
Hakusui Tech, Hindustan Zinc, Industrias Penoles, Korea Zinc, Boliden, Pan-Continental Chemical, Teck, Xstrata, Zinifex, and BASF.are among the major suppliers in the global zinc salt market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global zinc salt market by application, product type, product, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Zinc Salt Market 2020-2025: 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 salt market by application, product type, product, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food and Beverage
Pharmaceutical
Cosmetic
Agrochemical
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Large Particle
Small Particle
By Product [Value ($ Million) shipment analysis for 2014 – 2025]:
Zinc Oxide
Zinc Sulfate
Zinc Chloride
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
German
France
China
India
South Korea
Japan
A 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. It offers 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.