Zinc Chemicals Market Scope
Zinc, a chemical element or a lustrous bluish-white metal which has an extremely shiny surface. It is abundantly found in earth’s crust and most important zinc ores are zinc spar, zinc carbonate, zinc blend, zinc sulphide, and zinc oxide among others. The increasing demand for zinc sulfates from numerous sector including agricultural, chemical, and rubber applications is expected to provide lucrative opportunities to the zinc chemicals manufacturers.
According to AMA, the Global Zinc Chemicals market is expected to see growth rate of 5.26% and may see market size of USD11.18 Billion by 2026.
Research Analyst at AMA estimates that United States and Chinese Vendors will contribute to the maximum growth of Global Zinc Chemicals market throughout the predicted period.
Aterian Investment Partners (US Zinc) (United States), EverZinc (GHC) (Canada), Akrochem (United States), BruggemannChemical (Germany), Weifang Longda Zinc Industry (China), Hakusuitech (Japan), American Chemet Corporation (United States), Rubamin (India), Zinc Oxide LLC (United States) and Numinor (Israel) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Pan-Continental Chemical (Taiwan), Toho Zinc (Japan), Seyang Zinc Technology (China) and Transpek-Silox (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Zinc Chemicals market by Type (Zinc Oxide, Zinc Sulphate, Zinc Carbonate, Zinc Chloride and Others), by Application (Rubber Compounding, Agriculture, Glass & Ceramics, Paint & Coatings, Food & Pharmaceuticals, Textiles, Chemicals and Others) and Region with country level break-up.
On the basis of geography, the market of Zinc Chemicals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In January 2019, Aterian Investment Partners (“Aterian”), a private investment firm, announced that it has acquired U.S. Zinc.
Market Trend
- Increasing Usage of Fertilisers in Developing Economies
Market Drivers
- Rapid Growth of Automotive Industry in Asia Pacific Region
- Increasing Demand for Zinc Chemicals in the Agriculture Industry
- Surging Growth of Glass & Ceramics Industry Worldwide
Opportunities
- Increasing Usage of Zinc Chemicals in Electronics & Semiconductors Industry
Restraints
- New Rubber Standards Imposed in both Developed and Developing Countries to Impact the Demand for Compounded Rubber
Challenges
- Diminishing Usage of Zinc Chemicals in Paints & Coatings Industry
- The Growth in the Prices of Zinc Chemicals
Key Target Audience
Zinc Chemicals Manufacturers, Raw Material Suppliers, Zinc Chemicals Traders, Distributors, and Suppliers, Government & Regional Agencies, End User and Others