The inorganic zinc chemicals market experienced significant growth in 2020, and it is expected to continue at a steady pace throughout the forecast period. The increasing use of inorganic zinc chemicals in agriculture, animal husbandry, food and pharmaceuticals, rubber and tires, ceramics and glass, chemical and other sectors is driving this growth. The pharmaceutical industry's demand for inorganic zinc chemicals used in lotions and skin treatment is also contributing to the market growth. In addition, zinc chloride batteries, which have a larger capacity and can supply more current than carbon-zinc batteries, are predicted to boost the market.
However, the market growth can be restrained due to potential side effects from the use of inorganic zinc compounds. The agriculture and automotive industries' expansion in developing countries offer opportunities for players in the market.
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Top Lading Players:
- RUBAMIN
- ZINC OXIDE LLC
- Hakusuitech Co., Ltd.
- Zinc
- Zinchem
- Votorantim Group.
- BrüggemannGruppe
- Horsehead Holding LLC
- TOHO ZINC CO., LTD.
- Zinc Nacional S.A.
- Uttam Industries
- Borax
- ISKY
- Bohigh
- Silox
Segments covered in the report:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Zinc Oxide
- Zinc Chloride
- Zinc Sulphate
Application Outlook (Revenue, USD Billion; 2018-2028)
- Automotive
- Food
- Construction Materials
- Pharmaceuticals
- Others
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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