Pune, India -- (SBWIRE) -- 10/18/2018 -- Market Segmentation
The global zinc oxide market is segmented by process, application, end-use industry, and region.
On the basis of the process, the global zinc oxide market is segmented into direct process (American process), indirect process (French process), wet chemical process, laboratory process, and others.
On the basis of the application, the global zinc oxide market is segmented into rubber, cosmetic ingredients, pharmaceuticals, food additives, ceramics, paints and coatings, and others.
On the basis of the end-use industry, the global zinc oxide market is segmented into building & construction, automotive, healthcare, cosmetics & personal care, food & beverages, and others.
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Regional Analysis
The global zinc oxide market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
Asia Pacific accounted to be the largest market for zinc oxide in 2017 and is likely to exhibit exponential growth during the forecast period. End-use industries such as automobile, building & construction, cosmetics & personal care, and healthcare are likely to contribute major share to the market growth during the forecast period 2018-2023.
Europe was following Asia Pacific in terms of market size till 2017 and is expected to show a significant growth during the forecast period. End-use industries, such as automotive, cosmetics & personal care, healthcare, food & beverage industry, are expected to contribute to the market during the forecast period.
North America is one of the major market for zinc oxide in 2017 and is expected to witness a considerable growth during the forecast period. Significant demand from end-use industries such as food & beverage, healthcare, cosmetics and personal care, and building & renovation industries can be attributed to the growth of the market during the forecast period.
The Middle East & Africa is expected to show rising demand for zinc oxide during the forecast period. The building & construction, cosmetics & personal care, and food & beverage industries are the major end-use industries, which are likely to contribute to the market growth during the forecast period.
The Latin America is expected to show a moderate growth during the forecast period mostly from the growing building & construction industry.
Key Players
Some of the major players operating in the global zinc oxide market are American Zinc Recycling LLC. (U.S.), U.S. Zinc (U.S.), Umicore N.V. (Belgium), GHC Ltd. (Canada), Weifang Longda Zinc Industry Co. Ltd. (China), SEYANG ZINC TECHNOLOGY (HUAI AN) CO., LTD. (China), Hakusuitech Co, Ltd. (Japan), Merck KGaA (Germany), Ace Chemie Zynk Energy Limited (India), Rubamin Limited (India), Akrochem Corporation. (U.S.), BruggemannGruppe (Germany), American Chemet Corporation (U.S.), Hindustan Zinc Ltd. (India), and Croda International Plc (U.K).
Intended Audience
Zinc oxide manufacturers
Traders and distributors of zinc oxide
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
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