Research Nester assesses the growth and market size of global zinc oxide market which is anticipated to be on account of the increasing demand from end-use industries and increasing demand for the construction sector.

New York – August 7, 2023 - Research Nester’s recent market research analysis on “Zinc Oxide Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global zinc oxide market in terms of market segmentation by type, end-user, and by region.

Expanding Use in Nanoparticles to Promote Global Market Share of Zinc Oxide
Zinc oxide nanoparticles have several advantages over traditional zinc oxide, such as improved stability, solubility, and dispersibility. This is making them increasingly popular for use in a variety of applications, such as sunscreens, cosmetics, and food additives. Global zinc oxide nanoparticle sales are projected to reach nearly USD 738 million by 2032.
Zinc oxide is utilized in various medicinal products, such as ointments and creams, due to its antiseptic and astringent properties. The pharmaceutical sector's growth contributes to the increased demand for zinc oxide in this industry. The use of zinc oxide in agriculture, particularly in animal feed additives, has been on the rise due to its positive effects on animal health and performance.

Some of the major growth factors and challenges that are associated with the growth of the global zinc oxide market are:
Growth Drivers:
• Increasing Adoption in Agricultural Applications
• Growing Applications in the Pharmaceutical Industry
Challenges:
The zinc oxide industry may encounter stringent environmental regulations related to emissions, waste disposal, and overall environmental impact. Compliance with these regulations can lead to additional costs and operational challenges. Zinc oxide faces competition from alternative materials in various applications. For instance, in the rubber industry, other accelerators may be used instead of zinc oxide, posing a challenge to the zinc oxide market's growth.

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The chemical segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. Zinc oxide is widely used as a vulcanization accelerator in the rubber industry, promoting cross-linking of rubber molecules and enhancing the mechanical properties of rubber compounds. In the ceramics industry, zinc oxide is utilized in glazes and as a flux material to improve the flow of ceramic materials during firing and enhance the final product's properties.
By region, the Europe zinc oxide market is to generate a notable revenue by the end of 2035. The cosmetics and personal care industry in Europe is a major driver for the zinc oxide market. Zinc oxide is used in sunscreens, skin care lotions, and cosmetic products for its UV-blocking and soothing properties. The pharmaceutical sector in Europe uses zinc oxide in various medicinal products, such as ointments and creams, due to its antiseptic and astringent properties. The construction and industrial sectors' growth in Europe drives the demand for paints and coatings, where zinc oxide is used as a pigment and corrosion inhibitor.

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This report also provides the existing competitive scenario of some of the key players of the global zinc oxide market which includes company profiling of Umicore N.V., EverZinc, American Zinc Recycling (formerly known as Horsehead Corporation), Weifang Longda Zinc Industry Co., Ltd., GH Chemicals Limited, and others.
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