Zinc Oxide Market Analysis by Region, Application and Manufacturing Cost Analysis to 2021
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.
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.
“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.
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
favorable 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.
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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