The Business Research Company’s Zinc Chemicals Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Zinc Chemicals Global Market Report 2023 evaluates zinc chemicals market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global zinc chemicals market size is expected to grow from $9.43 billion in 2022 to $9.95 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global zinc chemicals market size is expected to grow to $12.09 billion in 2027 at a CAGR of 5.0%.
The zinc chemicals market segments in the report are:
By Type:
Zinc Oxide
Zinc Sulfate
Zinc Carbonate
Zinc Chloride
Other Types
By Application:
Rubber Compounding
Agriculture
Glass and Ceramics
Paints and Coatings
Chemicals
Food and Pharmaceuticals
Textiles
Other Applications
Asia-Pacific was the largest region in the zinc chemicals market in 2022.
Get More Information On The Zinc Chemicals Market Report:
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The table of contents in TBRC’s zinc chemicals market report includes:
1. Executive Summary
2. Zinc Chemicals Market Characteristics
3. Zinc Chemicals Market Trends And Strategies
4. Zinc Chemicals Market - Macro Economic Scenario
5. Zinc Chemicals Market Size And Growth
.....
26. Africa Zinc Chemicals Market
27. Zinc Chemicals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Zinc Chemicals Market
29. Zinc Chemicals Market Future Outlook and Potential Analysis
30. Appendix
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Inorganic zinc silicate (IOZS) coatings comprise metallic zinc held in a glassy silicate matrix.
The zinc metal provides galvanic corrosion protection to the mild steel substrate, whilst the coating's porosity provides voids that contribute to ongoing protection to the mild steel.
Inorganic Zinc Chemicals can be divided into five categories: Zinc Oxide, Zinc Sulfate, Zinc Chloride, Zinc Borate and other type.
Zinc Oxide type accounted for the highest proportion in production market, with a figure of 51.59% in 2017, followed by Zinc Sulfate type, account for 24.75% and Zinc Chloride type account for 7.88%.
The consumption market share of global Inorganic Zinc Chemicals in Agriculture & Animal Husbandry use, Food & pharmaceutical Industry use, Rubber/Tires use, Ceramic/Glass use, Chemical Industry and other applications have been stable year by year, at 21.60%, 14.64%, 32.76%, 18.27%, 7.20% and 5.53% respectively in 2017, and for several consecutive years, the amplitude was within one percent.
This indicates that the segment of the Inorganic Zinc Chemicals in the global market tends to be fixed without great changes.
SegmentationThe Global Zinc chemicals market is segmented into product type, and end-user.
On the basis of type, the market is segregated into zinc oxide, zinc sulfate, zinc carbonate, zinc Chloride.
The market by application industry is further categorized into rubber compounding, agriculture, glass and ceramics, paints and coatings, chemicals, food and pharmaceuticals, textiles, and others.Key PlayersSome of the prominent players operating in the Global Zinc chemicals market are U.S. Zinc (U.S.), GHC (Canada), Weifang Longda Zinc Industry (China), Hakusuitech co. Ltd (Japan), American Chemet Corporation (U.S.), Rubamin (India), Zinc Oxide LLC (US), Akrochem corporation (U.S.), American chemet corporation (U.S.), and BrüggemannGruppe (Germany) among others.Market HighlightsZinc chemicals are widely used in the rubber compounding industry as a vulcanization agent which is further demanded by the plastic and automobile industry for the production of radial tires, bias tires, glass, ceramics, conveyor belts, hose, and others.
The global Zinc Chemicals market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Among these, Asia Pacific holds a major share of the global market and is projected to be the fastest growing market, owing to the increasing consumption of Zinc Chemicals in the construction, automobile and agricultural industry among others.
It is estimated that the rubber compounding application segment is set to observe the highest CAGR in the market due to growing demand from the automotive sector.
