Albany, NY -- (SBWIRE) -- 06/09/2015 -- Zinc oxide is an inorganic compound which is insoluble in water. Zinc oxide is widely used as an additive for pigments, glass, ceramics, plastic, paints, lubricants, adhesives & sealants, foods, etc. Zinc oxide pigments usually appear in two forms including powder and dust. Zinc oxide pigments have large number of applications in host of industries such as paint, pharmaceutical, electronic, agricultural, rubber industry, brick kilns, ceramic and glass compositions, chemical and metallurgical industries. Rubber industry has been one of the predominant end user industries for zinc oxide pigment, wherein it provides increased ability to absorb heat generated due to friction which enhances performance of tire. Zinc oxide pigments also help decrease melt temperature of glaze thereby reducing energy requirements. In addition, zinc oxide pigments are also used chiefly in pharmaceutical industries to impart color and disease-specific properties to pharmaceutical products.

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The global zinc oxide pigment market is expected to be driven by rapid growth in end user industries including dyes and paints. China is the largest manufacture of zinc oxide pigments globally. Zinc oxide pigment is growing in popularity among end users pertaining to electronics industry due to its chemical and physical properties. Zinc oxide pigments demand has been dominated by Asia Pacific followed by North America and Europe. Strong demand from electronics industry is also expected to be major growth engine for zinc oxide pigments market in the years to come.

Some of the market players in this industry are BASF SE, Hindustan Zinc Ltd., Hakusui Tech Company Ltd, Industrias Penoles, New Boliden AB, Korea Zinc Company Ltd, Teck Cominco Ltd., Pan-Continental Chemical Co. Ltd., Zinifex Ltd., and Xstrata Plc. among others.

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