Los Angeles, CA -- (SBWIRE) -- 02/03/2019 -- Zinc borate, also known to be borate of zinc is an inorganic compound. The material comes in white crystalline color or in form of amorphous powder that is unsolvable in water. Moreover, the compound's toxicity is usually low and has a melting point of about 980 °C. In the chemistry field, zinc borate is referred to as an inorganic compound (a borate of zinc). This chemical compound has different variations due to the ration of zinc/boron and the water content in it. The forms include 2ZnO-3 B2O3-3.5H2O, 2ZnO-3 B2O3, 4ZnO-B2O3-H2O), 4ZnO-6B2O3-7H2O, 2ZnO-2B2O3-3H2O.

Among those types, 2ZnO-3 B2O3-3.5H2O is the most widely used one. Zinc borate is primarily used in plastics and cellulose fibers, paper, rubbers and the textiles industry because of its flame retardant feature. Also, it is a useful smoke suppressant in the plastic and rubber industry. Due to its distinctive performance, it can also be found in other fields, such as fertilizer, painting, adhesive and so on. Among those applications, function as flame retardant/smoke suppressant holds the largest market share in zinc borate applications, which was 89.12% in 2015.

North America, Europe and China are the major production base of zinc borate. The three regions contributed about 87.69% share in the global production market in 2015. In addition, North America is the largest production base for the time being, of which production reached to 30803 MT in 2015. The industry is relatively concentrated. Borax, Chemtura, Wuwei Industrial,Societa Chimica Larderello and so on are the leading giants in the zinc borate market. As for consumption, North America, Europe and China are the major consumers as well.

Industries, such as plastics, rubber, provide sufficient support for the development of zinc borate. In 2015, North America, Europe and China consumed about 29221MT, 14908MT and 18736 MT respectively, with a total share of 81.97% in the consumption market. Although there are some alternatives of zinc borate in the flame retardant field, due to its own characteristics, zinc borate still has a rigid demand in some field. Market insiders think the market of zinc borate will keep growing in the coming years.

Whereas, considering the fierce completion caused by alternatives and the various zinc borate manufacturers, the market is estimated to face uncertainties as well, such as price fluctuations. The global Zinc Borate market is valued at 10 million US$ in 2018 is expected to reach 12 million US$ by the end of 2025, growing at a CAGR of 2.2% during 2019-2025.

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This report focuses on Zinc Borate volume and value at global level, regional level and company level. From a global perspective, this report represents overall Zinc Borate market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Borax

Chemtura

Wuwei Industrial

Royce

Wallace FR

C-Tech

Chuanjun

Shandong Bio

Enter Chemical

Sakai Chemical

Segment by Regions

North America

Europe

China

Japan

Segment by Type

2ZnO·3 B2O3

4ZnO·B2O3·H2O

4ZnO·6B2O3·7H2O

2ZnO·2B2O3·3H2O

Segment by Application

Flame Retardant

Compound Formulation

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