Zinc Oxide Market will Rise Due to High Demand from Rubber Ceramics, Pharmaceuticals, Cosmetics and Chemo
The global Zinc
Oxide Market is segmented by application and geography. Zinc oxide is an
inorganic compound available in white powder form derived from a three
different processes such as direct, indirect and wet chemical process. Zinc oxide
is insoluble in water, but soluble in bases and acids. Zinc oxide has a
widespread use in cosmetic products. Applications in personal care include
makeup, bath soaps, baby lotions, nail products and powders.
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Zinc oxide is an inorganic chemical compound
used as an additive for different industrial and commercial applications. It is
mainly used in the rubber industry as an activator for vulcanization of sulfur.
One of the major consumers of zinc oxide is the tyre industry. The growing demand for automobiles and
innovations in the tyre industry has contributed to the growth of zinc oxide
market. Cosmetic zinc oxide is applied as skin protecting UV absorber and
bulking agent. In sunscreen lotions, zinc oxide is used at concentrations up to
25%. Zinc oxide must be absorbed in diet for maintaining human health.
On the basis of application, the zinc oxide market is segmented
into rubber ceramics, chemicals, pharmaceuticals, cosmetics & personal
care, agriculture and so on. Among these applications
“rubber” accounted for largest market share. Zinc oxide has region specific
demands that are differentiated by placement, cost and efficiency. The other
segment “cosmetics” is further segmented into skin care, hair care, color
cosmetics, face powder, talcum powder, toiletries and so on. The “skin care”
segment is expected to be the major one with respect to volume contribution. On the basis of types, the zinc oxide
market is segmented into nano-zinc oxide, particle grade and super-fine.
“Toiletries”
segment is expected to grow exponentially over the forecast period; thanks to
the usage of zinc oxide in cosmetics. Zinc oxide aids in treating and
preventing diaper rash. It helps in protecting chafed skin and seals out
wetness. Thus increased usage of zinc oxide in baby products is expected to
drive the growth of the above-mentioned segment in the forecast period.
The key players of zinc oxide market are Zochem, US Zinc, Umicore,
Zinc Nacional, Chemet, Zinc Oxide LLC, Silox, GH Chemicals, Rubamin, Grillo,
Pan-Continental Chemical, Mario Pilato, Brueggemann, A-Esse, Hakusui, Seyang
Zinc Technology, Hebei Yongchang Zinc, Longli Chemical, Liuzhou Zhongse Zinc
Product, Shanghai Jinghua Chemical, Haihua Jinzhong Zinc, Shandong Xingyuan Zinc
Technology, Tangshan Haigang Heyuan Zinc Industry, Yangzhou Liuzhou Zinc
Products, Jixing Chemical, Bohigh Group, Weifang Longda Zinc Industry, Hebei
Hongtu Zinc Industry, Jiangsu Tianli Zinc, Xianyang Jinshan Zinc and Jiangyin
Gelaite Chemical.
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On the basis of geography, the zinc oxide market
is segmented into North America, Europe, Asia Pacific, Latin America and Middle
East & Africa. North America is expected to rule the roost during the
forecast period. In Europe region zinc oxide for cosmetic industry is expected
to account for favourable growth. Government’s approval regarding the usage of
zinc oxide in beauty products is expected to boost the market growth in North
America. Asia Pacific is expected to grow at the highest CAGR during the
forecast period.
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