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Global Zinc Chemicals Market 2019-2023: Rise in Demand for Nano Zinc Oxide & Increasing Use in Semiconductor Industry - ResearchAndMarkets.com

May 28, 2019

DUBLIN--(BUSINESS WIRE)--May 28, 2019--

The “Global Zinc Chemicals Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The zinc chemicals market will register a CAGR of nearly 5% by 2023.

Zinc chemicals such as zinc oxide, zinc sulfate, and zinc carbonate are used in various end-user industries such as agriculture, automotive, glass and ceramics, and paints and coatings. The agriculture industry is one of the major end-user industries, which consumes zinc chemical in the form of zinc sulfate as fertilizer additives, which helps to improve the fertility of the soil.

Zinc oxide is used during the curing process of synthetic and natural rubber, which is used for manufacturing automotive tires as it offers properties such as high resistance against heat, chemical reinforcement, and compression fatigue. As a result, the increased demand for automotive and product development in the tire industry have contributed to the growth of the zinc oxide market.

Market Overview

Rising demand for zinc chemicals in the APAC region

The global zinc chemical market is witnessing high growth in countries such as China, India, and Indonesia. Many original equipment manufacturers (OEMs) are shifting facilities to these countries due to factors such as cheap labor, availability of land, low transportation costs, and less stringent government norms. APAC has the presence of several textile vendors and a vast consumer base, due to which there will be an increasing demand for zinc chemicals in textiles. Further, the growth of the chemical industry in APAC is expected to fuel the demand for zinc chemicals during the forecast period. Zinc chemicals in the form of zinc sulfate, zinc acetate, and zinc cyanide are used in the chemical industry to manufacture chemical reagents for various applications.

Volatility in raw material prices

The lack of availability of zincite ores to produce zinc chemicals such as zinc oxide, zinc sulfate, and zinc chloride has led to an increase in the price ores to produce zinc chemicals. The increase in the prices of zinc will affect the demand and supply equilibrium of the global zinc chemicals market. Moreover, the non-availability of raw materials increases the operational costs and cost of products in the market.

Competitive Landscape

The market appears to be highly fragmented. The presence of several companies including EverZinc Group and L. Brggemann GmbH & Co. KG makes the competitive environment quite intense. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies. Old Bridge Chemicals Inc., Toho Zinc Co. Ltd., and U.S. Zinc Corp. are some of the major companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

Preface

Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2018

Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY TYPE

Market segmentation by type

Comparison by type

Zinc oxide - Market size and forecast 2018-2023

Zinc sulfate - Market size and forecast 2018-2023

Zinc carbonate - Market size and forecast 2018-2023

Zinc chloride - Market size and forecast 2018-2023

Others - Market size and forecast 2018-2023

Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison

Key leading countries

Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 11: MARKET TRENDS

Rise in demand for nano zinc oxide

Increasing use in semiconductor industry

Upgradation in zinc ore production capacity

PART 12: VENDOR LANDSCAPE

Overview

Landscape disruption

Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

For more information about this report visit https://www.researchandmarkets.com/r/8ry2pa

View source version on businesswire.com:https://www.businesswire.com/news/home/20190528005652/en/

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Related Topics:Chemicals

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/28/2019 01:00 PM/DISC: 05/28/2019 01:00 PM

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