Zinc Chemicals Market Propelling Growth by 2023 | Industry Analysis, Size, Share, Growth, Trends Forecasts

Zinc Chemicals Market
Zinc chemicals are widely used in the rubber compounding industry as a vulcanization agent which is further demanded by the plastic and automobile industry for the production of radial tires, bias tires, glass, ceramics, conveyor belts, hose, and others. Zinc chemicals are extensively used in the agricultural industry as sprays, fertilizers and are also used in the animal feed.

World wide Zinc Chemicals market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is projected to be the fastest growing market, owing to the increasing consumption of Zinc Chemicals in the construction, automobile and agricultural industry among others. It is estimated that the rubber compounding application segment is set to observe the highest CAGR in the market due to growing demand from the automotive sector. Moreover, increasing demand for electrical and electronics, cosmetics and other healthcare products is likely to witness a rapid growth during the forecast period. In addition, the presence of agrarian economies in the region has further augmented the demand for fertilizers and animal feed, hence, adding to the growth of the market. Furthermore, the presence of the largest rubber manufacturers in the world namely Indonesia, and China the demand for zinc chemicals is expected to increase during the forecast period.

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Some of the prominent players operating in the Global Zinc chemicals market are

  • S. Zinc (U.S.),
  • GHC (Canada),
  • Weifang Longda Zinc Industry (China),
  • Hakusuitech co. Ltd (Japan),
  • American Chemet Corporation (U.S.),
  • Rubamin (India),
  • Zinc Oxide LLC (US),
  • Akrochem corporation (U.S.),
  • American chemet corporation (U.S.),
  • BrüggemannGruppe (Germany) among others.

The North American market is expected to grow at a steady CAGR due to extensive consumption of Zinc Chemicals in the construction and automobile sector. U.S., and Canada, have achieved a significant place in the market due to the growing investments in the building and construction industries coupled with the increase wave of government spending for the development and renovation of infrastructure.

Zinc chemicals are extensively used in the agricultural industry as sprays, fertilizers and are also used in the animal feed. The global Zinc Chemicals market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Intended Audience for Zinc Chemicals market 2018 to 2023

  1. Zinc Chemicals market manufacturers
  2. Traders and Distributors of Zinc chemicals market
  3. Production Process Industries
  4. Potential Investors
  5. Raw Material Suppliers
  6. Nationalized Laboratory

 Geographical Analysis for Global Zinc chemicals market:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is projected to be the fastest growing market, owing to the increasing consumption of Zinc Chemicals in the construction, automobile and agricultural industry among others. It is estimated that the rubber compounding application segment is set to observe the highest CAGR in the market due to growing demand from the automotive sector. 

 

 

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