LONDON, Dec. 29, 2015 /PRNewswire/ -- The market size of zinc oxide was estimated at 1,376.5 kilotons globally in 2014. Asia-Pacific was the largest market, accounting for 49% of the global market share in 2014 and is projected to register the highest CAGR between 2015 and 2020. North America accounted for the second largest share of the zinc oxide market in 2014.
Demand for zinc oxide is expected to increase with the growing automotive sales. While the rubber application accounted for the largest market share, chemicals and agricultural applications are projected to register higher growth over the next five years.
The regional segments include Asia-Pacific, Europe, North America, and Rest of the World.
Zinc oxide applications included in the report
- Cosmetics & Personal Care
The market size is derived by studying the consumption trends of zinc oxide and its use in various applications of the aforementioned regions. The price trends of zinc oxide have been analyzed from annual reports of the key players and various secondary sources which are then confirmed from manufacturers.
This study on zinc oxide market estimates its global market size in terms of value for 2014 and projects the expected demand and market size in terms of value of the same by 2020. As a part of the quantitative analysis, the report segments the global market by application at country level with current market estimation and forecast till 2020. The countries/regions covered in the report are the U.S., Germany, U.K., France, China, India, and Japan.
As a part of qualitative analysis, the report provides a comprehensive review of key market drivers, restraints, opportunities, and key issues of the market.
The report also includes company profiling and competitive strategies adopted by various market players. Some of the companies operating in this market are U.S. Zinc , Horsehead Corporation , Umicore SA , G.H. Chemicals Limited , Weifang Longda Zinc Industry Company Ltd. , Seyang Zinc Technology Company Limited , Hakusuitech Company Ltd. , among others.
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