06202018Headline:

At a CAGR of 6.0% – Zinc Oxide Market is Projected to Reach USD 4,184.5 Million By 2020

The zinc oxide market is growing at a healthy growth rate, with Asia-Pacific contributing more than 49% of the total demand and is driven by the tire and rubber products demand in China on account of growing automotive sales. The zinc oxide market is segmented by application and region. The region-wise market size is further subdivided into major countries in each region. In 2014, the rubber application segment accounted for more than half of the zinc oxide market globally. Other applications of zinc oxide include ceramics, chemicals, pharmaceuticals, cosmetics & personal care, agriculture, and others. In terms of value, the zinc oxide market is projected to register a CAGR of 6.0% between 2015 and 2020.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=116672256

This report follows both top-down and bottom-up approaches to estimate and forecast the zinc oxide market size by volume and value, which are represented in more than 66 data tables, 47 figures spread through 114 pages.

Revenue Pockets :

This market report has highlighted the major developments between 2012 and 2015. Partnership & collaboration was the most preferred strategy among the key players in the zinc oxide market. Other key strategies including expansions and new product launches are also identified and described. China accounted for the largest share, as it is one of the largest producers of tire and rubber products. The key players are also enhancing their technological base and establishing production capacities here. North American manufacturers are also forming new production lines in China due to the significant demand of zinc oxide in rubber as well as fertilizer and chemicals. Potential applications, such as electronics & semiconductor and pharmaceuticals are expected to present immense opportunities for zinc oxide manufacturers in the near future. Advance properties of zinc oxide over its substitute titanium dioxide are expected to dominate the pharmaceutical, and cosmetics & personal care applications in the coming years.

China accounted for largest market by value as well as volume, and is projected to be the fastest-growing country across the world between 2015 and 2020. Moreover, the U.S., Germany, India, and Japan have also accounted for a significant market share.

Rubber, ceramics, chemicals, pharmaceuticals, cosmetics & personal care, agricultural, and others are the key applications of zinc oxide. Rubber, chemicals, and agriculture together accounted for the largest share of the zinc oxide market in 2014. The increasing demand of automobiles in China and India, and recovering automotive industry in the U.S. are expected to drive the future growth of zinc oxide market.

This market report on ‘Zinc Oxide Market: Global Trends & Forecast to 2020’ estimates the market of zinc oxide by application and by region in terms of both, value and volume. It also includes the value chain highlighting the raw material suppliers, key zinc oxide producers, intermediate product manufacturers, and major end-users. The report analyses Porter’s Five Forces from different perspective.

The regions considered in this report are:

  • North America
  • Europe
  • Asia-Pacific
  • RoW

The market size of zinc oxide in terms of value is projected to reach USD 4,184.5 million by 2020, and the global market size for zinc oxide is projected to register a CAGR of 6.0% in the forecast period. Among the four regions Asia-Pacific accounted for largest share of zinc oxide market and is expected to register the highest growth during the forecast period. The market for zinc oxide is expected to grow at a healthy rate in Asian countries between 2015 and 2020 due to the high demand for rubber products from automotive industry. China accounted for approximately one-third of the zinc oxide demand in 2014. Urbanization, industrialization, and low-cost production base are the supporting factors for growth in applications of zinc oxide including rubber, ceramic, chemical, and agricultural products. Economic growth is also supporting the demand for rubber products and ceramic in growing industrial and real estate sector.

Key companies, such as U.S. Zinc (U.S.), Horsehead Corporation (U.S.), Umicore SA (Belgium), G.H. Chemicals Limited (Canada), Weifang Longda Zinc Industry Company Ltd. (China), Seyang Zinc Technology (Huaian) Company Limited (China), and Hakusuitech Company Ltd. (Japan) are some of the most active and important players which are profiled in this report with their recent strategies and SWOT analysis. Competitive landscape of these players is also analyzed on the basis of recent strategies undertaken.

What Next?

Recent Articles