World Zinc Oxide Market Growing at 3.94% CAGR to 2021

Zinc Oxide market latest research report adds by ReportsnReports.com, the analysts forecast global Zinc Oxide industry to grow at a CAGR of 3.94% during the period 2017-2021.

August 1, 2017 /MarketersMedia/ —

Zinc oxide market analyst says one trend in the market is increasing use in semiconductor industry. The growing demand for zinc oxide in the production of visitors, ferrites, and solar cells is expected to propel the growth of the global zinc oxide market in the forecast period. Global sales of semiconductor reached more than $325 billion in 2016 and are expected to grow during the forecast period, which will drive the demand for zinc oxide.

Complete report on Zinc Oxide market spread across 74 pages, analyzing 16 major companies with table of content are now available at http://www.reportsnreports.com/reports/1142954-global-zinc-oxide-market-2017-2021.html .

According to the zinc oxide market report, one driver in the market is growing demand for nano zinc oxide. Nano zinc oxide is a specialized nanomaterial that is mainly available in the form of dispersions and powders. It exhibits excellent physiochemical characteristics such as anticorrosion, antifungal, antibacterial, catalytic, and UV filtering properties. Paints and coatings and cosmetics are major application segments of the global nano zinc oxides market. The market for nano zinc oxide is also driven by the demand for ultraviolet A (UVA) or ultraviolet B (UVB) filters in sun protection cosmetics and sunscreens.

The following companies as the key players in the global zinc oxide market: American Zinc Recycling, EverZinc, GHC, Hindustan Zinc, and Votorantim Group. 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.

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Global Zinc Oxide Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global zinc oxide market for 2017-2021. To calculate the market size, the report considers the volume share of zinc oxide in the global zinc market.

Further, the report states that one challenge in the market is closure of zinc mines leading to supply deficiency. The closure of zinc mines around the globe has led to an increase in zinc prices. The increase in zinc prices will ultimately affect the prices of zinc compounds such as zinc oxide. More than 10 zinc mines are planned to be closed by the end of 2017, and this is expected to reduce the global zinc production by approximately 10%. In 2015, Hengyang Dongda Chemical closed its mine in China due to an environmental certification issue.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry growth?
Who are the key vendors in this Zinc Oxide market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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