Global Zinc Chemicals Market at A Highest CAGR of 5.7 % to rapidly growing $ 7.8

Posted by ganesha on February 4th, 2020

Zinc Chemicals Market report provides complete background analysis of the Chemical and Material industry which includes an assessment of the parental market. By thinking from customer point of view, a team of researchers, analysts and industry experts work carefully to generate this Zinc Chemicals Market research report. A high quality global market research is brought together for the success of your business at international level. Competitor analysis is one of the most important aspects of market research report which helps businesses decide upon the strategies by comparing them with the competitors. Besides, this Zinc Chemicals Market research report makes clients aware about the various strategies that are used by key players of the market.

The global zinc chemicals market accounted for USD 7.83 billion in 2017 and is projected to grow at a CAGR of 5.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Market Definition: Global Zinc Chemicals Market

Zinc chemicals are inorganic compounds manufactured from two different processes such as direct and indirect. Zinc oxide produced by the indirect process is pure than that through the direct process. There is a growing demand for zinc chemicals in rubber compounding, agriculture, glass & ceramics, paints & coatings, chemicals, food & pharmaceuticals and textiles activates, which is expected to be one of the major drivers of the market over the next seven years.

Major Market Drivers:

  • Growth in Automotive sector in Asia-Pacific
  • Demand for zinc chemicals in the agriculture industry
  • Growing glass & ceramics sector

Market Restraint:                  

  • Falling usage of zinc chemicals in paints & coatings
  • High prices of zinc chemicals

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Market Segmentation: Global Zinc Chemicals Market

The zinc chemicals market is segmented on the basis of type into zinc oxide, zinc sulfate, zinc carbonate, zinc chloride and others.

On the basis of application, the market is segmented into rubber compounding, agriculture, glass & ceramics, paints & coatings, chemicals, food & pharmaceuticals, textiles and others.

On the basis of geography, the zinc chemicals market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Landscape: Global Zinc Chemicals Market

The global Zinc Chemicals Market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research Methodology: Global Zinc Chemicals Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

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ganesha

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ganesha
Joined: October 29th, 2019
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