Zinc Oxide Market Predictable to Witness Dynamic Development by 2030 | Emergen Research

Zinc Oxide Market
Zinc Oxide Market

According to the most recent analysis by Emergen Research, the worldwide zinc oxide market had a value of USD 4.92 billion in 2021 and is predicted to grow at a rate of 5.2% during the forecast period. One of the primary factors propelling market revenue growth is the expanding use of zinc oxide nanoparticles in numerous applications. Nanoparticles of zinc oxide (ZnO), which have antibacterial and anticancer effects, are a promising platform for biomedical research. The ability of ZnO NPs to generate Reactive Oxygen Species (ROS) and initiate apoptosis is related to these processes. In addition, ZnO NPs have been successfully employed as drug carriers to load and distribute medications to specific locations while avoiding undesired toxicity and off-target effects and generating amplified synergistic advantages.

The market is being driven by an increase in demand for zinc oxide as a melting point reducer in the manufacture of ceramics and the vulcanization of rubber. Additionally, zinc oxide nanoparticles have shown promise as a biomedical treatment, particularly for antibacterial and anticancer uses.

Demand is anticipated to increase since it is employed as a catalyst in numerous chemical processes, an active element in sunscreen cosmetics and personal care products, and an anti-corrosion component in paints and coatings.

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Some Key Highlights From the Report:

  • In 2021, the standard sector had the biggest revenue share. Ordinary zinc oxide, an inorganic substance, is utilised in a number of manufacturing procedures. It is present in lubricants, paints, ointments, adhesives, sealants, pigments, foods, batteries, ferrites, and fire retardants in addition to rubbers, plastics, ceramics, glass, cement, and first-aid tapes. Even though the mineral zincite contains zinc oxide, most of it is made synthetically. Calamine cream, barrier creams to treat diaper rashes, anti-dandruff shampoos, and antiseptic ointments are a few products that use it frequently to treat different more skin ailments. Zinc oxide-rich minerals also lengthen crop life and increase yield. However, zinc-rich nutrients are used in animal feed since they are a vital component of the body’s enzyme system.
  • In 2021, the rubber segment had the biggest revenue share. The rubber sector ranks as zinc oxide’s most significant use. Rubber has been vulcanised over the years to create tyres, hoses, sporting goods, shoe bottoms, belts, and other rubber items, using approximately 50% zinc oxide. Important pigmentary features of zinc oxide improve tyre performance by increasing rubber’s capacity to absorb heat from friction. Due to its exceptional characteristics, which serve as an activator to induce rubber to vulcanize, ZnO is a substance that is frequently employed in the rubber industry. Vulcanized rubber, which is a stronger material, is created chemically from natural rubber. In addition to reinforcing rubber formulations in this way, zinc oxide also helps to shield rubber from UV deterioration and increases heat and abrasion resistance.
  • In 2021, the wet chemical process segment contributed a sizeable portion of revenue. When employing precursors under suitable experimental conditions, wet-chemical synthesis methods deal with chemical reactions occurring in solution phase. It is impossible to create a universal standard for wet-chemical synthesis processes because each one is unique from the others. These synthesis procedures have been employed to create 2D nanomaterials as opposed to top-down techniques. For the production of 2D nanomaterials, wet-chemical synthesis methods offer a high degree of controllability and repeatability. The primary wet-chemical synthesis methods for 2D nanomaterials are solvothermal synthesis, template synthesis, self-assembly, guided attachment, hot-injection, and interface-mediated synthesis. These are the major factors propelling this segment’s revenue growth.

Some of the key participants in this industry include:

US Zinc, Zinc Oxide LLC, EverZinc, Weifang Longda Zinc Industry Co., Ltd., Rubamin, Zochem, Pan-Continental Chemical, Suraj Udyog, Akrochem, and ZM Silesia.

Key regions covered in the report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Click to access the Report Study, read key highlights of the Report and Look at Projected Trends @ https://www.emergenresearch.com/industry-report/zinc-oxide-market

Emergen Research has segmented the global zinc oxide market based on grade, application, process type:

  • Grade Outlook (Revenue, USD Million; 2019-2030)
    • Standard
    • USP
    • FCC
    • Others
  • Application Outlook (Revenue, USD Million; 2019-2030)
    • Rubber
    • Ceramics
    • Chemicals
    • Agriculture
    • Cosmetics and Personal Care
    • Pharmaceuticals
    • Others
  • Process Type Outlook (Revenue, USD Million; 2019-2030)
    • Indirect (French) Process
    • Direct (American) Process
    • Wet Chemical Process
    • Others

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