Zinc oxide Marketembed
The market in Asia Pacific is projected to exhibit robust growth during the forecast period (2016-2024), owing to burgeoning growth of the personal care products and cosmetics market in the region.
ZINC OXIDE MARKET- Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Zinc Oxide Market Overview Zinc oxide (ZnO) is an inorganic and insoluble compound that is mainly used as an additive in various products such as rubber, ceramics, paints, lubricants, foods, batteries, plastics, first-aid tapes, antiseptic creams, cosmetic creams, and medical substances. One of the major applications of zinc oxide is its usage in creams, ointments, and lotions to protect human skin against sunburn and harmful UV rays. Zinc oxide also finds application in treatment of a number of skin conditions and is widely used in products such as anti-dandruff shampoos, calamine creams, anti-septic ointments, baby care powder, and barrier creams for treating diaper rashes. Owing to the high refractive index, antibacterial properties, UV protection properties, and high thermal conductivity, zinc oxide has a vast application in personal and cosmetics industry. Increasing investments in research and development initiatives, rising penetration of zinc oxide in various enduser industries such as rubber industry, ceramics, personal care and others, coupled with significant physiochemical attributes such as UV protection that provides protection from sun burn when used in sunscreen creams and lotions and antibacterial properties that aid any cuts or skin diseases are the major factors driving the demand for zinc oxide globally. On the other hand, high concentrations of zinc oxide leads to toxicity concerns, which is expected to restrain the growth of global zinc oxide market. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Zinc Oxide Market Taxonomy On the basis of type of product type, the global market is classified into: Epoxy Polyester Vinyl Ester Polyurethane On the basis of application, the global market is segmented into: Composites Coatings Request sample of Corrosion Resistant Resin Market: https://www.coherentmarketinsights.com/insight/request-sample/352 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Zinc Oxide Market Taxonomy On the basis of end use industry, the global market is classified into: Chemical Infrastructure Oil & Gas Marine Food and Beverage Automotive and Transportation Others (power generation, paper and pulp) Epoxy resin product segment is expected to remain dominant in the global corrosion resistant resin market, due to its excellent corrosion resistance property, easy application and affordable cost. Epoxy coatings are widely used to prevent corrosion in manufacturing equipment, tanks for corrosive chemicals, underground storage tanks, industrial scrubbers, effluent management, and pressure transfer pipe. Vinyl resin is used in marine industry to prevent the blistering of the hull ships. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Zinc Oxide Market Outlook – Flourishing Cosmetics Industry Positioning Asia Pacific as Key Market Based on the regional outlook, zinc oxide market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. The market in Asia Pacific is projected to exhibit robust growth during the forecast period (2016-2024), owing to burgeoning growth of the personal care products and cosmetics market in the region. Europe is expected to account for a favourable share in the global zinc oxide market due to the government’s approval on using zinc oxide market in beauty and skin care products. Approval and usage of zinc oxide in sunscreen products in U.S. is expected to drive the growth of market in North America. The study by Scientific Committee on Consumer Safety concluded that application of zinc oxide does not pose risk of adverse effect in humans when used at a concentration up to 25% in UV protection creams. Therefore, the approval for usage of zinc oxide in skin care products in Europe and North America will shoot up the demand for global market of zinc oxide. Request to view the table of Content: https://www.coherentmarketinsights.com/ongoing-insight/toc/352 © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. 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