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The zinc chloride market size is forecast to increase by USD 173.3 million at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to its extensive applications in various industries. In the cosmetics sector, zinc chloride, as a zinc salt, is widely used as a toothpaste ingredient and in the production of cosmetics. In the raw materials sector, zinc chloride is employed as a catalyst in the manufacturing of green energy sources, such as zinc air batteries. The textile segment also utilizes zinc chloride as a coagulant in the processing industry. However, the high toxicity nature of zinc chloride poses challenges, including potential health hazards for workers and the environment. Zinc chloride is also gaining traction in the battery industry, where it is used in various battery technologies to enhance performance. Therefore, it is crucial for manufacturers to implement safety measures and adhere to regulatory standards to mitigate these risks. Additionally, ongoing research and development efforts are focused on creating alternative, less hazardous chemicals to replace zinc chloride in certain applications.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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