Zinc Chemicals Market trends research and projections for 2019-2025 Zinc Chemicals Market | Page 2

North America zinc chemicals market size led by the U.S. and Canada is expected to
account a significant growth during forecasted period. Automobile sales in U.S was
accounted at over 17 million units in 2018 owing to increased standard of living and
disposable income. Rise in demand for automobile sector will increase the usage of
rubber in tires which will eventually drive the regional product demand.
Europe driven by Germany, France and UK zinc chemicals market size should have
a significant growth during the forecasted timeframe. Europe cosmetic and personal
care products market accounted for USD 86 billion in 2017. Zinc chemicals like zinc
oxide and zinc carbonate are used in cosmetic products like sunscreen lotions and
creams, the increased demand of personal care and cosmetic products in this region
will drive the regional product demand.
Asia Pacific led by India, Japan, and China zinc chemicals market demand is expected
to gain a significant growth during the forecasted timeframe. In India personal care
products market was accounted at over USD 1.3 billion in 2018. Increase in disposable
income and demand for luxurious products and increasing awareness regarding
personal care products are the key factors driving the market growth. Rising
applications in personal care product may propel the regional market demand.
Global zinc chemicals market share is moderately fragmented. Companies like
Weifang Longda, GHC, Hakusui Tech, U.S. Zinc, American Chemet Corporation,
Rubamin, BrüggemannGruppe, and Akrochem Corporation are the prominent player
catering in this market.
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