아연 화학제품 시장 : 예측(2023-2028년)

The zinc chemicals market was evaluated at US$7.656 billion in 2021 and will grow at a CAGR of 4.94% to be worth US$10.729 billion by 2028.

The market is expanding as a result of the rising product demand for the manufacture of textiles, paints, and coatings, among other things, in the agricultural, cosmetics, and pharmaceutical sectors. The business of zinc chemicals is growing as a result of the extensive use of zinc and its derivatives in several household and industrial products. Additional factors supporting building and construction operations, particularly in emerging nations, include rapid urbanization and strong industrial expansion. As a result, the market is expanding due to the need for zinc derivatives used in paints and varnishes.

Rising use in food additives and medicines

Zinc sulphate is frequently used for oral rehydration during diarrhoea for the treatment of zinc insufficiency. For patients who are presymptomatic and expecting moms, zinc sulphate is advised as the first line of treatment. In the food and beverage industry, zinc sulphate is used as a natural supplement and as an ingredient in animal feed. The usage of zinc sulphate in food and pharmaceutical applications will significantly contribute to the growth of the global zinc chemicals market during the course of the forecast period. In the upcoming years, it is anticipated that new research and technical advancements will benefit the zinc nanoparticles used for cancer detection, imaging, and therapy, creating several chances for the zinc chemicals sector. These factors are expected to increase the zinc chemicals market share.

Rising demand for zinc chemicals in the automotive industry

Rubber hoses, tires, tubes, and gaskets are made in the automotive industry using zinc oxide. Because of the expanding applications, zinc oxide will continue to dominate the global market for zinc chemicals over the forecast period. Due to the rising demand for zinc compounds in paints and varnishes, the zinc chemicals market size is expanding. The increasing automotive industry is also helping the market grow favourably because it has raised the need for zinc chemicals used in belts, radial tires, paints, and coatings.

High demand in the ceramics industry

To improve the gloss of the surface, the ceramics industry uses zinc compounds such as zinc oxide and zinc sulphate. They aid in preventing ceramic products from cracking and trembling by making the ceramic glaze more elastic. The recent rise in the production of ceramic goods in Asian countries like China and India had a big impact on the market for zinc compounds. The growing building industries in various Asian countries are the main drivers of the demand for ceramic items, including ceramic tiles, toiletries and pipes. By the end of 2020, industrial and building activity had resumed, which had aided in the revival of the use of zinc compounds in the ceramics sector.

Increasing use in the rubber processing industry

Due to the extensive use of zinc compounds in galvanization, the rubber processing segment dominates the market. Since tubes are frequently made with zinc chemicals, it is anticipated that the need for zinc chemicals would increase over time. The International Rubber Study Group (IRSG) estimates that global production of natural rubber improved positively in 2021, rising by 5.4% to 13.770 million tonnes from the 13.065 million tonnes produced in 2020. Additionally, lower zinc oxide concentrations can cause burning issues whereas greater zinc oxide loadings can improve hot air/heat ageing qualities. It also lessens heat accumulation, making it a crucial sector of the rubber business.

Growing demand in the paint and coating industry

The zinc chemicals market is expanding as a result of the increased demand for zinc chemicals in the paint and coating industry. Over 2,500 decorative coatings and 800 industrial coatings producers may be found in India. The enterprises have increased their manufacturing and production capacities in response to the rising demand for coatings. This is anticipated to increase demand for the country's liquid synthetic rubber sector, which would in turn increase demand for zinc chemicals in the upcoming years.

Asia Pacific is projected to dominate the zinc chemicals market

During the projected period, the Asia Pacific region is anticipated to lead the zinc chemicals market. Due to the widespread and extensive use of zinc chemical derivatives in numerous applications, including rubber processing, chemicals processing, and agriculture among others, the Asia-Pacific region is expected to dominate the market. The majority of chemicals generated globally are processed in China, which is an industry powerhouse. Due to supportive government measures and a sizable consumer base, China's chemical manufacturing sector is anticipated to grow steadily throughout the course of the projection period. The country's growing chemical production is anticipated to present a development potential for the market under investigation.

Chemical-related health risk

Although humans can handle relatively high levels of zinc compounds, too much zinc can still have a deleterious impact on health, causing symptoms like nausea, fatigue, anaemia, and skin rashes. In excessively high doses, zinc contains substances that can harm the pancreas, obstruct protein metabolism, and cause arteriosclerosis. Zinc oxide exposure in excess can cause several health problems, including metal fume fever, the flu, migraines, fever, and cough. It may also be harmful to the developing foetus. When inhaled in microscopic or ultra-fine fractions, ZnO, a characteristic component of particle air pollution, can result in acute systemic symptoms.

Market product launches

• In January 2023, JG Chemicals, a producer of zinc oxide, announced that it had submitted preliminary documents to Sebi, the regulator of capital markets, to acquire money through an initial public offering (IPO).
• In August 2022, The Critical Care division of Piramal Pharma, a market-leading provider of Complex Hospital Generics, announces the launch of Zinc Sulphate Injection as a first-to-market generic in the US. The US Food and Drug Administration has granted this medication approval under the Competitive Generic Therapy (CGT) designation, a pathway to approval designed to increase market competition for pharmaceuticals with a single source of supply. When oral or intravenous nutrition is not possible, is insufficient, or is not recommended, zinc sulphate is a trace element that is recommended as a source of zinc for parenteral nutrition. There are two strengths of this intravenous nutritional injection: 30mg/10mL (3mg/mL) and 25mg/5mL (5mg/mL).

Segmentation:

By Type

• Zinc Oxide
• Zinc Sulphate
• Zinc Carbonate
• Zinc Chloride
• Others

By Application

• Rubber Compounding
• Agriculture
• Glass & Ceramics
• Paints & Coatings
• Chemicals
• Food & Pharmaceuticals
• Textiles
• Others

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• Thailand
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

• 2.1. Research Data
• 2.2. Assumptions

3. EXECUTIVE SUMMARY

• 3.1. Research Highlights

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Force Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. ZINC CHEMICALS MARKET, BY TYPE

• 5.1. Introduction
• 5.2. Zinc Oxide
• 5.3. Zinc Sulphate
• 5.4. Zinc Carbonate
• 5.5. Zinc Chloride
• 5.6. Others

6. ZINC CHEMICALS MARKET, BY APPLICATION

• 6.1. Introduction
• 6.2. Rubber Compounding
• 6.3. Agriculture
• 6.4. Glass & Ceramics
• 6.5. Paints & Coatings
• 6.6. Chemicals
• 6.7. Food & Pharmaceuticals
• 6.8. Textiles
• 6.9. Others

7. ZINC CHEMICALS MARKET, BY GEOGRAPHY

• 7.1. Introduction
• 7.2. North America
  • 7.2.1. USA
  • 7.2.2. Canada
  • 7.2.3. Mexico
• 7.3. South America
  • 7.3.1. Brazil
  • 7.3.2. Argentina
  • 7.3.3. Others
• 7.4. Europe
  • 7.4.1. Germany
  • 7.4.2. France
  • 7.4.3. United Kingdom
  • 7.4.4. Spain
  • 7.4.5. Others
• 7.5. Middle East And Africa
  • 7.5.1. Saudi Arabia
  • 7.5.2. UAE
  • 7.5.3. Israel
  • 7.5.4. Others
• 7.6. Asia Pacific
  • 7.6.1. China
  • 7.6.2. Japan
  • 7.6.3. India
  • 7.6.4. South Korea
  • 7.6.5. Indonesia
  • 7.6.6. Taiwan
  • 7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 8.1. Major Players and Strategy Analysis
• 8.2. Emerging Players and Market Lucrativeness
• 8.3. Mergers, Acquisitions, Agreements, and Collaborations
• 8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

• 9.1. Weifang Longda Zinc Industry Co., Ltd.
• 9.2. HAKUSUI TECH
• 9.3. RUBAMIN
• 9.4. Zochem, Inc.
• 9.5. Akrochem Corporation
• 9.6. L. Brugge¬mann GmbH & Co. KG
• 9.7. EverZinc.
• 9.8. Pan-Continental Chemical Co., Ltd.
• 9.9. TIB Chemicals AG
• 9.10. Purity Zinc Metals
• 9.11. Old Bridge Chemicals, Inc.
• 9.12. Boliden Group