Zinc Oxide Market 2019 | Global Industry Share, Segments & Key Drivers, 2023

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Zinc Oxide Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Zinc Oxide Market Research Report- Forecast to
2023
Zinc Oxide Market - Overview
Zinc Oxide (ZnO) is a white compound that is
typically found in nature. However, commercial
Zinc Oxide is made within a laboratory wherein
the natural process is mimicked by experts.
Commercially, it is used in foods, cosmetic and
personal care products, and first aid tapes. It
is a highly important trace element and is
commonly seen being added to animal feed,
fertilizers, and vitamin supplements. Its
antibacterial and deodorant-like properties make
it the perfect choice for medical products and
toiletries. It acts as a catalyst in the chemical
industry and also has its application in paints
for mildew control and as a corrosion inhibitor.
It has a common use in various skin creams as it
helps prevent and curb down redness and
inflammation, as well as helps soothe and heal
the skin. The report published by Market
Research Future (MRFR) states that the Global
Zinc Oxide Market is slated to reach USD 4,946.26
million by 2023. The market is expected to grow
with a CAGR 5.85 during the assessment period of
2018 to 2023. This inorganic chemical compound is
available in the market in white powder form. The
demand for the market can be attributed to its
surging usage in semiconductors and electronic
items. Factors such as penetration of the product
in the rubber industry, growing demand in
cosmetics, pharmaceuticals, and personal care
industries are some of the other major drivers of
the Zinc Oxide Market.
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Zinc Oxide Market Research Report- Forecast to
2023
Segmental Analysis
The Zinc Oxide Market segmentation is done on
the basis of End-User, Application, Process and
Region. By End-Users, the market includes
personal care, building construction,
automotive, metallurgy, food beverages,
healthcare, and others. In 2017, the automotive
segment was the largest market holder covering
36.04 of the share. During the assessment
period, the personal care segmentation is slated
to be the highest growing market. By
Application, the market divides into lubricants,
animal feed nutrition, metal processing, food
additives, paints coatings, light emitting
diodes, cosmetic ingredients, pharmaceuticals
products, fertilizers, ceramics, rubber, and
others. By Process, the market segments into
indirect, direct, waelz, laboratory, wet, and ZnO
nanostructures. The Indirect segment was the
highest market share holder as of 2017, covering
more than 36 of the market. However, Waelz
segment is anticipated to expand at the highest
growth rate of 7.05. Get Complete Report _at_
https//www.marketresearchfuture.com/reports/zinc-
oxide-market-6104
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Zinc Oxide Market Research Report- Forecast to
2023
Regional Outlook
The Geographical Market Segmentation of Zinc
Oxide covers the following regions North
America, Europe, Latin America, Asia-Pacific, and
the Middle East Africa. North America is the
biggest market player among all the mentioned
regions with a stunning 70.23 of the market to
its name. The market is estimated to grow at a
CAGR of 5.40 during the forecast period. Both
the USA and Canada are the major contributors
behind the dominance of this region. Europe
stands second in the Global Zinc Oxide Market
with a pool of strong economies backing its
progress. Technological advancement is aiding the
market growth of this region as well as the
various market players residing herein. The
market is expected to exhibit a 5.01 CAGR during
the forecast period. Asia-Pacific is most likely
to hold the tag of being the fastest-growing
market with an expected CAGR of 6.73. The Middle
East Africa market is significantly small,
however, it will witness a steady CAGR of 5.61.
The Latin America market is anticipated to grow
at a CAGR of 7.81 during the review period.
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Zinc Oxide Market Research Report- Forecast to
2023
Major Players in this Research

• Zinc Oxide Market Prominent Players
• Advanced Nano Products Co. Ltd.
• American Zinc Recycling LLC
• Befesa
• EverZinc
• GHC Ltd.
• Grillo-Werke AG
• Marzinc
• PontenossaSPA
• Miike Smelting Co. Ltd.
• US Zinc
• Weifang Longda Zinc Industry Co. Ltd.
• Zochem LLC

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uture.com/sample_request/6104
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