Northrook, IL -- (SBWire) -- 11/24/2019 --The report "Zinc Oxide Market by Process (French Process, Wet Process, American Process), Grade (Standard, Treated, USP, FCC), Application (Rubber, Ceramics, Chemicals, Agriculture, Cosmetics & Personal Care, Pharmaceuticals), Region - Global Forecast to 2024", is estimated to grow from USD 4.4 billion in 2019 and to USD 5.7 billion by 2024, at a CAGR of 5.4% during the forecast period. The demand from the rubber industry for using in the vulcanization process, which is used by the tire manufacturers, is driving the market.
Browse 104 market data Tables and 28 Figures spread through 117 Pages and in-depth TOC on "Zinc Oxide Market - Global Forecast to 2024"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/zinc-oxide-market-116672256.html
"Indirect (French) process segment accounted for the largest share of the zinc oxide market."
In this process, metallic zinc is melted in a crucible and is vaporized at high temperatures (above 1652 F). The ZnO, thus obtained, typically consists of agglomerated particles with an average size of 0.1 micrometers to a few micrometers. ZnO produced by this process is used in rubber, cosmetics, pharmaceuticals, and paints.
"The cosmetics & personal care applications is expected to register the fastest growth during the forecast period."
The property of ZnO to absorb harmful ultraviolet rays is widely put to use in cosmetics & personal care applications. Various types of sunscreen and baby lotions are prepared using ZnO, and as the consumers are becoming more aware of its benefits, this application is expected to drive the growth of the market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116672256
"APAC was the largest zinc oxide market in 2018."
APAC led the global zinc oxide industry in 2018. The main reason for the growth of the market in the region is China, which accounts for 30% of the worldwide zinc oxide production. The demand is attributed to the growing tire and ceramic industries in China due to the demand from the construction and automotive sectors.
The key players in the zinc oxide market are US Zinc (US), Zochem (US), EverZinc (Belgium), ZM Silesia (Poland), Akrochem (South Africa), Rubamin (India), Pan-Continental Chemical (Taiwan), J.G. Chemicals (India), Upper India (India), and Suraj Udyog (India)
Key questions addressed by the report:
- What was the zinc oxide market size in 2018?
- What are the global zinc oxide market trends in demand for ZnO?
- Will the market witness an increase or decline in demand in the near future?
- What were the revenue pockets for ZnO in 2018?
- Who are the key players in the global ZnO market?
Speak to our analyst for a discussion on the above findings @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116672256
Request Bundle Report @ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=116672256
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Zinc Oxide Market Worth $5.7 Billion by 2024 : At a CAGR of 5.4%
he global zinc oxide (ZnO) market size is projected to grow from USD 4.4 billion in 2019 to USD 5.7 billion by 2024, at a compound annual growth rate (CAGR) of 5.4%, during the forecast period. ZnO is a white inorganic compound that is used widely in pharmaceuticals, rubber, ceramics cosmetics, chemicals, and glass industries.