HOME › Press Releases › Zinc Oxide Market worth 4,184.5 Million USD by 2020
Zinc Oxide Market worth 4,184.5 Million USD by 2020
The report “Zinc Oxide Market by Application (Rubber, Ceramics, Chemicals, Pharmaceuticals, Cosmetics & Personal Care, Agricultural, and Others) & by Region (North America, Europe, Asia-Pacific, and RoW) - Global Trends and Forecasts to 2020” defines and segments the zinc oxide market with an analysis and forecast of the market size in terms of value and volume.
Browse 68 tables and 47 figures spread through 121 Pages and in-depth TOC on "Zinc Oxide Market by Application (Rubber, Ceramics, Chemicals, Pharmaceuticals, Cosmetics & Personal Care, Agricultural, and Others) & by Region (North America, Europe, Asia-Pacific, and RoW) - Global Trends and Forecasts to 2020"
Early buyers will receive 10% customization on reports.
It also identifies the driving and restraining factors of the zinc oxide market with an analysis of trends, opportunities, and challenges. The market is segmented and has been forecast on the basis of key regions, such as North America, Asia-Pacific, Europe, and Rest of the World (RoW). The market is also segmented on the basis of application in major countries in each of these regions.
“Rubber - Major Application for Zinc oxide”
The zinc oxide market is segmented into seven applications, namely, rubber, ceramics, chemicals, pharmaceuticals, cosmetics & personal care, agricultural, and others. Among these applications, rubber accounted for largest market share in 2014 in terms of value as well as volume. Zinc oxide has region specific demands that are differentiated by placement, cost, and efficiency.
‘Global zinc oxide market size to reach USD 4,184.5 million by 2020’
The market size of zinc oxide in terms of value is projected to reach USD 4,184.5 million by 2020, and the global market size for zinc oxide is projected to register a CAGR of 6.0% between 2015 to 2020 . In terms of value, the zinc oxide market size in rubber application is projected to reach USD 2,095.2 million by 2020, at a CAGR of 5.4% between 2015 and 2020. The market in Asia-Pacific accounted for the largest share of the zinc oxide in 2014 and is projected to be the fastest-growing market in terms of value, between 2015 and 2020. The growth is attributed to the increasing automotive sales in countries, such as China and India.
‘Asia-Pacific and North America accounted for approximately 68% share of the zinc oxide market in 2014’
Asia-Pacific was the prime consumer of zinc oxide in 2014 and is projected to register highest CAGR between 2015 and 2020, backed by the increasing demand of tire and other rubber products from end-user industries, such as automotive and industrial. Asia-Pacific is expected to dominate the zinc oxide market by 2020, with high investments from manufacturers in capacity expansion. North America was the second-largest market for zinc oxide in 2014 and is expected to get support from increasing tire sales with the recovering automotive industry.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India