Global Zinc Chemicals Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Zinc Chemicals Market By Type & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” ,” the zinc chemicals market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia-Pacific region dominates the zinc chemicals market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
The continuous growing demand for plastic and rubber from various industries like automotive, electronics and footwear are the major drivers of zinc chemicals market. Also zinc chemicals are used to manufacture radial tyres, bias tyres, conveyer belts, rubber belts, rubber shoes, and latex gloves. Also increasing demand from agriculture industries for zinc chemicals boost up the market growth. As well as expansion of glass & ceramic industry fuel up the market share.
As zinc chemicals can be used to produce plastic which used in electronics & semiconductors industries.However, new rubber standards set in China may impact the demand for compounded rubber.
Asia Pacific region held the largest market share in zinc chemicals market all across the globe due to rapid economic growth and increase in usage of agrochemicals in countries like China & India. North American region market is mainly drive by countries like U.S. and Canada. However, well developed automotive & pharmaceutical industries will grows the zinc chemicals market more in upcoming years. The European region shows significant growth in zinc chemicals market due to developed industries in cosmetics & personal care sector.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global zinc chemicals market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: US Zinc, GH Chemicals, Akrochem, Weifang Longda Zinc Industry, Bruggemann chemical, Hakusuitech, American Chemet Corporation, Zinc Oxide LLC, Numinor, and Rubamin."
About Garner Insights:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.