Global Zinc Oxide Pigments Market Is Set For A Rapid Growth And Is Expected To Reach Around USD 5,525.41 Million by 2024

Zion Market Research  has published a new report titled “Zinc Oxide Pigments Market by End-Use Industries (Paint, Agricultural, Pharmaceutical, Electronic, Rubber, Chemical, and Ceramic & Glass); by Region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2024’’. According to the report, global zinc oxide pigments market was valued at around USD 3,537.68 million in 2017 and is expected to reach approximately USD 5,525.41 million in 2024, growing at a CAGR of slightly above 5.6% between 2018 and 2024.

Zinc oxide pigments are widely used in pharmaceutical, agricultural, electronic, rubber, chemical, ceramic & glass, and metallurgical industry. The zinc oxide pigment possesses properties such as anti-corrosion, anti-oxidants, etc. 

Browse the full "Zinc Oxide Pigments Market by End-Use Industries (Paint, Agricultural, Pharmaceutical, Electronic, Rubber, Chemical, and Ceramic & Glass); by Region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2024"  report at   http://www.zionmarketresearch.com/report/zinc-oxide-pigments-market

The growing urbanization in developing economies and increase in consumer preference for zinc oxide pigments are expected to accelerate the growth of zinc oxide pigments market globally. The growing demand for zinc oxide from the fertilizer and semiconductor industry is expected to propel the growth of zinc oxide pigment market globally. The consumption of zinc oxide in new applications such as transparent transistors, fungicides, solar cells, memory devices, and light emitting diodes is expected to enhance the consumption of zinc oxide pigments market over the forecast period. Moreover, the growing investment in chemical, automotive, and construction industries are expected to generate immense opportunity for zinc oxide market in developing countries.  

However, fluctuation in the raw material cost may affect the growth of zinc oxide pigments market over the forecast period.     

The continuous advancement in chemical technology, growing demand for zinc oxide from various industries, and growing investment in R&D activities are expected to generate immense opportunities for the zinc oxide pigments market in the future years. 

The zinc oxide pigments market can be segmented into its end user and by region. By end-user, the global zinc oxide pigments market is segmented into the paint, agricultural, pharmaceutical, electronic, rubber, chemical, and ceramic & glass. In 2017, the rubber industry accounted for the major share in the global zinc oxide pigments market by value and volume. The growing consumption of rubber owing to the optical, physical, and chemical properties of zinc oxide pigments is expected to accelerate the growth of the segment globally.

Prominent players in the global zinc oxide pigments market include BASF SE, Hakusui Tech Company Ltd., Hindustan Zinc Ltd., Industrias Penoles, New Boliden AB, Teck Cominco Ltd., Zinifex Ltd., Korea Zinc Company Ltd., Pan-Continental Chemical Co. Ltd., and Xstrata Plc., among others.

The increasing competition among the zinc oxide pigment manufacturers owing to rising demand from end users is expected to drive the market growth in the coming future. 

The report segments the global zinc oxide pigments market as follows:

Zinc Oxide Pigments Market: End-User Analysis

• Paint Industry
• Agricultural Industry
• Pharmaceutical Industry
• Electronic Industry
• Rubber Industry
• Chemical Industry
• Ceramic & Glass Industry 

Zinc Oxide Pigments Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

Browse New Press Release: https://www.zionmarketresearch.com/news/zinc-oxide-pigments-industry

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com