Los Angeles, CA -- (SBWire) -- 04/24/2019 --Inorganic zinc chemicals are an extensive concept. In general, inorganic zinc chemicals mainly covers zinc oxide and various zinc salts. The technical barriers of inorganic zinc chemicals are not high, and there are numerous players, including US Zinc, Zochem, Umicore, Zinc Nacional, Zinc Oxide LLC, Silox, GH Chemicals, Rubamin, Grillo, ISKY, Xinxin Chemical, Bohigh and Haihua. These companies mainly distribute in India, China, Canada, Mexico, Brazil, EU,Canada and USA. China is the largest consumer and producer, almost 40% of total consumption in 2016, followed by US with 25%of consumption share.
This report covers the major zinc chemicals of commercial importance: zinc oxide (accounting for 51%), zinc sulfate (25%), and zinc chloride (8%). The major market segments for zinc chemicals include rubber compounding, agriculture, and ceramics. Zinc chemicals continue to show growth in the area of fertilizers, animal feed, and food consumption. As more than 50% of the soils in the world are considered to be zinc-deficient and with the population having doubled in the past 30 years and projected to increase from 7 billion to over 9 billion by 2050, and arable land per person declining, crop yields must increase. In many studies, including projects in Brazil, China, India, and Turkey, agricultural yields were increased by adding zinc to standard fertilizers and premixes.
In addition, various organizations and businesses alike have begun to emphasize the benefits of zinc used in food and nutritional supplements. Zinc oxide used in the manufacture of rubber compounding is driven largely by automotive markets, or more specifically tires, belts, hoses, and other. Global automotive production has rebounded strongly since the economic downturn, with considerable rubber capacity increases reflected in India, Taiwan, CIS, Brazil, and China. In more recent years, the United States has begun to experience a surge in new tire and rubber capacity as global manufacturers move closer to automotive production centers. As global demand in this segment continues to rise, changes in consumer trends may lead to slower growth near the end of the forecast period.
The global Inorganic Zinc Chemicals market was 4040 million US$ in 2018 and is expected to 4810 million US$ by the end of 2025, growing at a CAGR of 2.2% between 2019 and 2025. This report studies the Inorganic Zinc Chemicals market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Inorganic Zinc Chemicals in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
US Zinc
Zochem
Umicore
Zinc Nacional
ISKY
Xinxin Chemical
Bohigh
Zinc Oxide LLC
Silox
Hebei Yuanda
Hunan Jingshi
God Leaves
Rech Chemical
GH Chemicals
Newsky
Best-selling Chemical
By the product type, the market is primarily split into
Zinc Oxide
Zinc Sulfate
Zinc Chloride
Zinc Borate
By the end users/application, this report covers the following segments
Agriculture and Animal Husbandry
Food and pharmaceutical industry
Rubber/Tires
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Inorganic Zinc Chemicals Market Is Expected to 4810 Million Usd by the End of 2025
Inorganic Zinc Chemicals Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.