Zinc Chemicals Market trends research and projections for 2019-2025 Zinc Chemicals Market

Zinc Chemicals Market trends research and projections for 2019-2025: Global Market Insights Inc. According to new Global Market Insights, Inc, chemical research report Zinc Chemicals Market size is anticipated rise substantially to 2025 led by increasing demand for these chemicals in several industries including rubber, painting/coating industry, agricultural and personal care. The increasing demand for fertilizers and personal care products may drive the zinc chemicals market size. Zinc chemicals are widely used in cosmetics and personal care products. The global cosmetic market for personal care product was valued at over USD 570 billion in 2018. Rise in standard of living, increase in purchasing power parity and disposable income and increasing importance of grooming and personal care may act as the key factors which may foster the zinc chemicals market demand. Zinc oxide is used in vulcanization process of natural and synthetic rubber, which is further utilized in manufacturing of tires owing to its superior properties like compression fatigue and high resistance to heat. Around 85 million vehicles have been sold in 2018, owing to growth in automobile sector the demand for tires may increase which will eventually drive the zinc oxide market demand. Chemical fertilizers market account for USD 105 billion in 2018. Low cost and easy availability of chemical fertilizers act as key factor for the growth of the market. Zinc sulfate is used as a fertilizer additive in chemical fertilizers, thereby stimulating the zinc chemicals market size. Zinc carbonate is utilized in cosmetics and personal care products in anti-microbial, anti- acne, anti-ageing, anti-pigmentation and anti-inflammatory cream and lotions owing to its superior properties to act as an antiseptic and fungicide. It is also used as sulfur absorber in petroleum industry. Zinc chloride is used as a solvent for several applications including soldering flux, galvanization, vulcanized rubber and odor control. In 2018, textile market accounted for over USD 925 million. Zinc chloride is used to dissolve starch and cellulose in textile industry, which in turn stimulate zinc chemicals market demand. Zinc chemicals are slightly hazardous in nature, direct contact with eyes or skin may cause irritation and may cause indigestion and respiratory tract infection if consumed or inhaled. Owing to such hazards only products that comply with the restrictions posed by European Commission (EU) can be sold in European Union market. 1 | Page