Market Definition: Zinc Chemicals Market
This Zinc Chemicals Market research report contains a comprehensive data of market definition, classifications, applications, engagements, market drivers and market restraints all of which are obtained from SWOT analysis. The report presents key statistics on the market status of Global and Regional manufacturers and proves to be an important source of guidance and direction for companies and individuals interested in the industry. Information and data provided through the report can be very decisive for industry when it comes to dominating the market or creating a mark in the market as a new emergent.
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 2019 to 2026.
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.
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The major topics have been covered in this market report and include market definition, market segmentation, key developments in the market, competitive analysis and research methodology. In this report, a thorough investment analysis is offered which forecasts imminent opportunities for the market players and develops the strategies to grow return on investment (ROI). Estimations about the rise or fall of the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this report. The market research report gives answers to many of the critical business questions and challenges.
Major Market Drivers & Restraints are as follows:
- Growth in Automotive sector in Asia-Pacific
- Demand for zinc chemicals in the agriculture industry
- Growing glass & ceramics sector
- Falling usage of zinc chemicals in paints & coatings
- High prices of zinc chemicals
Key Market Competitors: Zinc Chemicals Market
Few of the major competitors are Akrochem, American Chemet Corporation, Bruggemannchemical, GHC, Hakusuitech, Numinor, Pan-Continental Chemical, Rech Chemical Rubamin, Seyang Zinc Technology, Toho Zinc, Transpek-Silox, US Zinc, Uttam Industries, Weifang Longda Zinc Industry, Zinc Oxide Llc and many more.
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.
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Market Segmentation: 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.
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