New York, According to a new market research report published by Global Insight Services “Zinc Chloride Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Zinc chloride is an inorganic salt with the chemical formula ZnCl2. It is a white solid that is soluble in water and insoluble in organic solvents. Zinc chloride is used in a variety of applications, including as a food additive, in wood preservation, and in the manufacture of adhesives and sealants.
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Key Trends
The key trends in zinc chloride technology are the development of new and more efficient production methods, the use of new and more environmentally friendly raw materials, and the exploration of new uses for zinc chloride.
One of the most significant recent developments in zinc chloride production has been the introduction of the direct electrolytic process. This process uses an electrolytic cell to directly produce zinc chloride from zinc oxide and hydrochloric acid, without the need for the intermediate production of zinc metal.
Another key trend has been the exploration of new and more environmentally friendly raw materials for zinc chloride production. One example is the use of calcined zinc oxide, which is a waste product from the steel industry. This material can be used as a feedstock for zinc chloride production, and has the added benefit of being less energy-intensive to produce than traditional zinc oxide.
Finally, there has been an increasing focus on the exploration of new uses for zinc chloride. One example is the use of zinc chloride as a catalyst in the production of polyurethanes. This application can help to improve the properties of polyurethanes, and has the potential to replace more toxic and polluting catalysts currently used in this process.
Key Drivers
Zinc chloride is an inorganic compound with the formula ZnCl2. It is a white or colorless solid that is soluble in water. It is used in a variety of applications, including as a food additive, in the production of textiles and rubber, and as a wood preservative.
The key drivers of the zinc chloride market are its low cost and wide range of applications. Zinc chloride is a versatile compound that can be used in a variety of industries, including the food, textile, and rubber industries. It is also used as a wood preservative. The main factor driving the growth of the zinc chloride market is its low cost.
Zinc chloride is a relatively inexpensive compound, which makes it attractive to industries that use it in large quantities. The other key driver of the zinc chloride market is its wide range of applications. Zinc chloride can be used in a variety of industries, including the food, textile, and rubber industries. It is also used as a wood preservative.
Market Segmentation
The Zinc Chloride Market is segmented by grade, application, end-user, and region. By grade, the market is divided into high purity grade, battery grade, technical grade and commercial grade. By application, the market is classified into dry cell batteries, water treatment, catalyst and others. By end-user, the market is divided into electronics, chemical, agriculture, pharmaceuticals, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The key players in the Zinc Chloride Market are Flaurea Chemicals, Vijay Chemical Industries, American Elements, Eurocontal SA, PT. Indo Lysaght, Global Chemical Co. Ltd., TIB Chemical AG, Lipmes, Haihua Industry, and Pan-Continental Chemical Co., Ltd.
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Reasons to buy Zinc Chloride Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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