Market Research Future Published a Research Study on Zinc Chemicals Market Research Report, Size, Share and Industry Analysis- Forecast to 2023
Competitive Dashboard:
The
noted players participating in the share analysis of the global zinc
chemicals market are American chemet corporation (U.S), U.S. Zinc
(U.S.), Weifang Longda Zinc Industry (China), GHC (Canada), Hakusuitech
co. Ltd (Japan), Rubamin (India), Zinc Oxide LLC (US), American Chemet
Corporation (U.S.), Akrochem Corporation (U.S.), and BrüggemannGruppe
(Germany).
Get a Free Sample@ https://www.marketresearchfuture.com/sample_request/5223
Market Synopsis:
Zinc
chemicals are inorganic compounds that exhibit unique properties for
use across different end-user industries. According to Market Research
Future (MRFR)’s report, the global zinc chemicals market is anticipated
to strike a moderate CAGR through the forecast period 2017 to 2023. It
is found in different forms such as pellets, powder, and
surface-treated, etc. which makes it convenient to be used for different
purposes in the industry verticals.
The use of the chemical as a
vulcanization agent is expected to propel the expansion of zinc
chemicals market over the next couple of years. It is used in the
manufacturing of rubber which is extensively used in the automotive
sector. Hence, the growth of the automobile industry is expected to
boost the revenue generation of the market in the years to come. Also,
the growing demand for other rubber-based products such as conveyor
belts, latex gloves, etc. is anticipated to favor market expansion.
The
rising demand for food production is anticipated to catalyze the growth
of the market in the nearby future. It has intensified the need for
fertilizers which is poised to fuel demand for zinc sulfate over the
next few years. Thus, the report projects a lucrative future trajectory
for the global zinc chemicals market.
Industry News:
- In June 2019, FBM Metals (UK) Ltd, UK's largest secondary zinc processor, is planning to open a new zinc facility through its subsidiary, FBM Zinc Ltd, for the production of a new compound that is used in a wide range of products.
- In June 2019, Azure Minerals Limited, an Australia-based emerging mining company, has started trial mining and processing at its Oposura zinc-lead project in Sonora, Mexico.
- In January 2019, a European specialty zinc chemical business, EverZinc, has completed the acquisition of G.H. Chemicals Ltd., and Microzinc Inc., (GHC), which is a Canadian producer and exporter of French Process zinc oxide products.
- In September 2018, El Segundo-based NantEnergy has announced the launch of a rechargeable zinc-air battery storage system.
- In August 2018, G.H. Chemicals (GHC) Ltd., supplier of zinc oxide, has received a Certificate of Suitability (CEP) for marketing its products in Europe.
Market Segmentation:
On
the basis of type, the global zinc chemicals market has been segmented
into zinc chloride, zinc sulfate, zinc oxide, zinc carbonate, others.
Among these, the zinc sulfate segment is likely to dictate the growth
trajectory of the market owing to its extensive use in fertilizers,
agricultural sprays, consumer goods, and animal feed.
The zinc
chemicals market, by application industry, has been segmented into
agriculture, rubber compounding, glass & ceramics, chemicals, food
& pharmaceuticals, paints & coatings, textiles, and others.
Browse Key Industry insights spread across 138 pages with 44 market data tables & 11 figures & charts from the Report, “Zinc
Chemicals market research report: product type (zinc oxide, zinc
sulfate, zinc carbonate, zinc chloride), application (rubber
compounding, agriculture, glass & ceramics, paints & coatings,
food and pharmaceuticals) – Forecast till 2023” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/zinc-chemicals-market-5223
Regional Analysis:
By
region, the Global Zinc Chemicals Market has been segmented into Asia
Pacific, Europe, North America, Latin America, and the Middle East &
Africa (MEA). Asia Pacific holds the largest share of the market and is
anticipated to expand at the highest CAGR over the forecast period. The
flourishing industrial sector is projected to support the expansion of
the zinc chemicals market in the region. Precisely, the growth of
automotive, agriculture, and construction industries are poised to drive
the market growth in the region over the assessment period. North
America and Europe are lucrative revenue pockets and are projected to
exhibit substantial growth in the years to come. The presence of major
market players in these regions are expected to favor the proliferation
of the zinc chemicals market in the forthcoming years.
No comments:
Post a Comment