Zinc Oxide Market Share, High Demand, Future Scope, Recent Trends, Applications, Types, Products, Industry Analysis and Forecast Report 2030
The global zinc oxide market size was USD 4.92 Billion in 2021 and is expected to register a revenue CAGR of 5.2% during the forecast period, according to latest analysis by Emergen Research. Increasing use of zinc oxide nanoparticles in various applications is a main factor driving market revenue growth. Zinc Oxide (ZnO) Nanoparticles (NPs) are a viable platform for applications in biomedical research as well as anticancer and antibacterial properties. These processes are connected to ZnO NPs capacity to produce Reactive Oxygen Species (ROS) and trigger apoptosis. Furthermore, ZnO NPs have been successfully used as drug carriers to load and deliver medicines to target areas, avoiding unintended toxicity and off-target effects and producing magnified synergistic benefits.
A recent trend in the market is use of zinc oxide coated zeolite adsorbent for removal of humic acid. Zeolite 4A was modified by nitric acid and functionalized with Zn(NO3)26H2O to produce ZnO-coated zeolite adsorbents. Humic Acid (HA) in aqueous solutions was eliminated using designed adsorbents. Porosimetry analysis, scanning electron microscopy, X-ray diffraction analysis, and high-resolution transmission electron microscopy were used to analyze produced materials. At 21 1 °C, adsorbents maximum adsorption capacity was roughly 60 mgC g1. The findings indicated that positive charge density of ZnO-coated zeolite adsorbents was inversely correlated with the amount of ZnO coated on zeolite, and as a result, ZnO-coated zeolite adsorbents displayed a higher affinity for negatively charged ions. Additionally, after acid treatment, the adsorption capacity of ZnO-coated zeolite adsorbents significantly increased. Adsorption tests showed ZnO-coated zeolite adsorbents had a high adsorption ability to remove HA from aqueous solutions due to strong electrostatic interactions between negative functional groups of HA and positive charges of ZnO-coated zeolite adsorbents.
The market is being driven by an increase in demand for zinc oxide as a melting point reducer in the manufacture of ceramics and the vulcanization of rubber. Additionally, zinc oxide nanoparticles have shown promise as a biomedical treatment, particularly for antibacterial and anticancer uses.
Demand is anticipated to increase since it is employed as a catalyst in numerous chemical processes, an active element in sunscreen cosmetics and personal care products, and an anti-corrosion component in paints and coatings.
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Market Scope:
One of the report’s central components is the broad zinc oxide market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the zinc oxide market players.
How are rising adoption rates in the rubber industry supporting zinc oxide sales?
In the rubber business, zinc oxide is frequently used as an activator to get rubber to vulcanize. It is employed in the vulcanization process to strengthen the material and increase its tensile strength and resilience to heat and abrasion. Numerous industries use rubber goods in a variety of ways.
Sales of zinc oxide are anticipated to increase because to the rising need for rubber in the automobile industry, which is used to make a number of goods including tyres, hoses, gaskets, roll covers, crap tubes, and adhesives.
In addition, a variety of industries, including packaging, manufacturing, engineering, construction, and others, use rubber products. Over the projection period, it is anticipated that these industries’ expansion will increase demand for zinc oxide.
Some of the key participants in this industry include:
US Zinc, Zinc Oxide LLC, EverZinc, Weifang Longda Zinc Industry Co., Ltd., Rubamin, Zochem, Pan-Continental Chemical, Suraj Udyog, Akrochem, and ZM Silesia.
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The report on the Global zinc oxide Market is an investigative study on the key features of the business landscape along with an analysis of the growth opportunities, challenges, threats, drivers and restraints, and limitations of the market. The report also offers insights into the segments, sub-segments, and regions exhibiting promising growth.
Regional Analysis:
-
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
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Emergen Research has segmented the global zinc oxide market based on grade, application, process type:
- Grade Outlook (Revenue, USD Million; 2019-2030)
- Standard
- USP
- FCC
- Others
- Application Outlook (Revenue, USD Million; 2019-2030)
- Rubber
- Ceramics
- Chemicals
- Agriculture
- Cosmetics and Personal Care
- Pharmaceuticals
- Others
- Process Type Outlook (Revenue, USD Million; 2019-2030)
- Indirect (French) Process
- Direct (American) Process
- Wet Chemical Process
- Others
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