Global Zinc Oxide Market 2017-2021

This industry research report identifies American Zinc Recycling, EverZinc, GHC, Hindustan Zinc, and Votorantim Group as the key vendors in the global zinc oxide market. A comprehensive analysis of this market is also presented by application (rubber, ceramics and glass, chemicals, agricultural, paints and coatings, and others) and by geography (the Americas, APAC, and EMEA).

Overview of the global zinc oxide market

Technavio's zinc oxide indutry research predicts that the global zinc oxide market will grow steadily at a CAGR of around 4% by 2021. The increasing demand for zinc oxide from the emerging economies is identified as one of the primary growth factors for this market. The global zinc oxide market is witnessing high growth in developing economies such as China, India, Russia, Brazil, and Indonesia. Numerous original equipment manufacturers are shifting their manufacturing facilities to these countries due to factors such as cheap labor, availability of land, low transportation costs, and less stringent government norms. The increasing income and purchasing power in the developing countries of APAC and ROW are attracting high investments in the automotive, construction, and chemical industries. These growing industries are projected to drive the demand for zinc oxide during the forecast period.  Moreover, the zinc oxide manufacturing companies have opportunities to capitalize on the growth of emerging markets such as Japan, South Africa, and India. These countries are likely to spend heavily on automobiles, paints and coatings, and building and construction. This will again demand the need for zinc oxide, subsequently driving zinc oxide market growth.

The rising demand for zinc oxide from diversified applications is one of the latest trends that will gain traction in the global zinc oxide market. There has been significant increase in R&D activities to increase the application of zinc oxide in various diversified areas such as electronic and photonic segment. This is expected to drive the demand for zinc oxide in the forthcoming years. Moreover, the utilization of zinc oxide in new applications such as fungicides, transparent transistors, light emitting diodes, solar cells, and memory devices will also lead to the consumption of a high volume of zinc oxide during the forecast period.

Competitive landscape and key vendors  

The zinc oxide market is characterized by the presence of well-diversified international, regional, and local vendors. These vendors mainly compete based on factors such as operation cost, innovation, product quality, and price. The competition in the market is likely to increase further over the next five years and this will attribute to the increase in innovations and product extensions. The major players in the market have a broad geographical presence with large manufacturing facilities located across the globe.

The leading vendors in the market are -

• American Zinc Recycling
• EverZinc
• GHC
• Hindustan Zinc
• Votorantim Group

The other prominent vendors in the market are Akrochem, American Chemet, BrüggemannGruppe, Gaoyi County Yongchang Zinc Industry, Grillo-Werke, HakusuiTech, Numinor, Rubamin, SEYANG ZINC TECHNOLOGY (HUAI AN), Weifang Longda Zinc Industry, and Zinc Nacional.

Segmentation by application and analysis of the zinc oxide market

• Rubber
• Ceramics and glass
• Chemicals
• Agricultural
• Paints and coatings

During 2016, the rubber segment accounted for the major shares of the zinc oxide market. The increased consumption of rubber due to its important physical, chemical, and optical properties will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the zinc oxide market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the zinc oxide market throughout the forecast period. The rapid urbanization and industrialization in APAC are leading to the high demand for zinc oxide. Also, the increasing demand for zinc oxide from the semiconductor and fertilizer sub-segments is also projected to drive the growth of the zinc oxide market in APAC, especially in countries such as India, Japan, and Thailand.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global zinc oxide market?
• What are the key market trends impacting the growth of the global zinc oxide market?
• What are the challenges to market growth?
• Who are the key vendors in the global zinc oxide market?
• What are the market opportunities and threats faced by the vendors in the global zinc oxide market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global zinc oxide market?

Technavio also offers customization on reports based on specific client requirement.

Zinc oxide is a mild astringent inorganic compound with the chemical formula ZnO. It is a white powder and is insoluble in water. It occurs in nature as mineral zincite, but the major amount of zinc oxide is produced synthetically. Our upcoming industry research report on the global zinc oxide market is a fundamental part of Technavio's chemicals and materials portfolio and offers market insights into the market space for metals and minerals. Technavio's insightful market research reports also offer insights on the market size, forecast, trends, and industry analysis to help clients build operative growth strategies.

The market research specialists at Technavio offer a comprehensive picture of the global zinc oxide market for the estimated period of 2017 to 2021 by considering the market forecast and size and the surging demand for various metals and materials. Additionally, our research reports help clients develop active growth strategies and keep pace with the regularly changing market landscape. This upcoming market research report on the global zinc oxide market also covers vendors like U.S. Zinc, Horsehead Corporation, Umicore SA, G.H. Chemicals Limited, and Weifang Longda Zinc Industry Company Limited.

This upcoming industry report on the global zinc oxide market also considers the growth of the related metals and materials markets such as the metal oxide nanoparticles, which is expected to grow at a CAGR of above 10% during the forecasted period. According to our analysts, growing sales of tire and other rubber products from automotive industry may influence the demand for zinc oxide globally in the coming few years. Furthermore, to offer clients the scope to identify potential market prospects and expand in niche markets, this report on the global zinc oxide market also covers geographies like the Europe, North America, APAC, and ROW.

The upcoming industry report on the global zinc oxide market also offers insights into fast-growing segments within the chemicals and materials industry, including sectors like specialty chemicals and glass and ceramics. Furthermore, the industry report also offers insights into the changing competitive landscape and gives clients a realistic picture of the future direction of the industry.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.