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Thursday, June 24, 2021

Global Zinc Carbonate Market to be Driven by Rising Demand for the Cosmetic Industry in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘Global Zinc Carbonate Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global zinc carbonate market, assessing the market based on its segments like application and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2015-2025)

  • Forecast CAGR (2021-2026): 5%

The global market for zinc carbonate is driven by the increasing demand for cosmetics industry. the huge demand for cosmetics that’s predicted to spike further within the near future is anticipated to stoke the market’s growth substantially. Zinc carbonate finds application as a feed additive during a big selection of products starting from cosmetics, lotions, and private care to porcelains and pottery. Zinc carbonate is employed in petroleum and chemical fertilizer industries because the key material of the desulfurizer and catalyst. Widespread applications in different end-use industries are driving the market for zinc carbonate within the forecasted period.

Zinc Carbonate: Industry Definition and Segments

Zinc carbonate (ZnCO3), also referred to as zinc monocarbonate, zinc spar, or natural smithsonite, is an odourless compound that is soluble in diluted acids but insoluble in alcohol and ammonia.

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Based on the application, the zinc carbonate market is segmented into:

The regional markets for zinc carbonate market can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Market Trends

In cosmetics, zinc carbonate is employed in bath, make up, personal cleanliness, shaving, oral care and skin and hair care products. The product is additionally used alongside other chemical processes in transparent rubber mixtures and as a curing agent in rubber compounds. Zinc carbonate is additionally used as a fireplace proofing filler for plastic and rubber compositions that are exposed to flame temperature. Growth in rubber products industry in near future will create further opportunities for the global zinc carbonate industry demand within the forecast period. Apart from these, the properties of zinc carbonate like antiseptic and fungicide has led to its use in personal care and household products.

Key Market Players

The major players in the market are L. Bruggemann Gb & Co. KG, The Norkem Group, Shepherd Chemical Company, Seido Chemical Industry Co., Ltd., and Pan-Continental Chemical Co., Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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