Europe Zinc Oxide Market Size study, by Process (French / Indirect Process, American / Direct Process, Wet Process, Others), by Grade (Standard / Technical / Feed, Chemical/Treated, Pharma/USP/BP, Food/FCC, Others), by Application (Rubber, Ceramic, Chemic
Europe Zinc Oxide Market Size study, by Process (French / Indirect Process, American / Direct Process, Wet Process, Others), by Grade (Standard / Technical / Feed, Chemical/Treated, Pharma/USP/BP, Food/FCC, Others), by Application (Rubber, Ceramic, Chemical, Agriculture, Paints & Coatings, Cosmetics & Pharmaceuticals, Others) and Country Forecasts 2022-2032
Europe Zinc Oxide Market is valued at approximately USD 1.16 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.80% over the forecast period 2024-2032. Zinc oxide is a chemical material with the formula ZnO. It's a white powder that doesn't dissolve in water. It occurs naturally as mineral zincite, while most zinc oxide is synthetically produced. Zinc oxide has a wide variety of applications. It's a popular element in paintings, cosmetics, and sunscreen. It is also utilized in rubber, plastics, ceramics, glass, and concrete. Zinc oxide is used as a topical treatment to treat diaper rash, among other skin conditions. Also, Zinc oxide finds applications across diverse industries including rubber, ceramics, chemicals, pharmaceuticals, cosmetics, and agriculture. The increasing demand from these sectors, driven by population growth, urbanization, and industrialization, is a significant trend in the Europe Zinc Oxide Market.
Moreover, the rubber industry extensively uses zinc oxide in the manufacturing of tires, footwear, and other rubber products. The need for zinc oxide is increasing as the automobile sector increases and high-quality tyres grow gaining in popularity. Also, Zinc oxide is considered environmentally friendly and safe compared to alternatives. With increasing awareness of sustainability and environmental concerns, there's a shift towards using eco-friendly materials, boosting the demand for zinc oxide. Additionally, other factors that support the market growth are growing investments in research and development and increasing use in pharmaceuticals and cosmetics. However, fluctuating zinc prices and limits on the use of zinc oxide in several applications are expected to impede Europe Zinc Oxide Market growth from 2024 to 2032.
The key countries considered for the Europe Zinc Oxide Market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest market in terms of revenue. Zinc oxide is used extensively across various industries such as rubber, ceramics, chemicals, pharmaceuticals, cosmetics, and electronics. The rise of these industries, particularly in rubber manufacture, where zinc oxide is an important component in the vulcanization process, boosts demand for zinc oxide. Whereas, the United Kingdom is expected to grow with the highest CAGR during the forecast period 2024-2032.
Major market player included in this report are: Lanxess AG L. BrüGgemann Gmbh & Co. KG Silox SA Company 4 Company 5 Company 6 Company 7 Company 8 Company 9 Company 10
The detailed segments and sub-segment of the market are explained below:
By Process French / Indirect Process American / Direct Process Wet Process Others
By Grade Standard / Technical / Feed Chemical/Treated Pharma/USP/BP Food/FCC Others
By Application Rubber Ceramic Chemical Agriculture Paints & Coatings Cosmetics & Pharmaceuticals Others By Region: Europe UK Germany France Spain Italy ROE
Years considered for the study are as follows: Historical year – 2022 Base year – 2023 Forecast period – 2024 to 2032
Key Takeaways: Market Estimates & Forecast for 10 years from 2022 to 2032. Annualized revenues and Country level analysis for each market segment. Detailed analysis of geographical landscape with Country level analysis. Competitive landscape with information on major players in the market. Analysis of key business strategies and recommendations on future market approach. Analysis of competitive structure of the market. Demand side and supply side analysis of the market.
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Chapter 1. Europe Zinc Oxide Market Definition and Research Assumptions